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Re: True Blue post# 4052

Sunday, 04/08/2012 10:47:55 PM

Sunday, April 08, 2012 10:47:55 PM

Post# of 13987
LOL...now that's funny. I did listen to the interview. I listened to it three times and took copious notes. And each time I listened, it only raised more questions. Good thing I stopped after the third go around, don't ya think? What passes for due diligence on this board wouldn't even fill the back of a napkin...but, whatever. Greenpar made a comment regarding audited financial statements so I simply asked for a link to them as everything I was able to find, doing my own DD, indicated that only unaudited statements are available.

Without any supporting documentation, at this point we basically have nothing to go on but the CEO's assertions. There are assertions that there are 300,000 ounces of "proven reserves". Proven - unless that has been redefined beyond recognition - means that there is proof...for all to see...not just the CEO. So I guess it comes down to the character of the CEO as there is nothing else to go on, no independent third party verification of anything, that I can find. Shall we start on that topic now?

Is there anything here on the iHub boards regarding the CEO's history? Now before you get all flustered again thinking that I am asking you to do my work for me, let me state that this is a rhetorical question. That means I already answered it for myself and am not expecting an answer from you. But if you do find anything, I am sure everyone here would love to read it. And if you can't find anything, I will be glad to help.