Mining Company research board

[pitboss22]

They announced "Proven Reserves" when they anounced the purchase agreement of the property with this....

"The smallest mountain was partially drilled in 1966, consisting of only 5 drilling holes with related ADIT portals. The results of the drilling program indicated that there were proven reserves of 359,000 tons of barite, 1,000,000 tons of limestone and 150,000 tons of talc and inferred reserves of 600,000 tons of barite and 5,000,000 tons of limestone."

They have shown no mine development expenses in their financials and, as of 3/31 have no assets other than $5700 Cash, $150,000 "Investment" for shares issued for the purchase of Ontage Resources (a company owned by the directors of RRHI and worth "closer to $5000" according to a response to eht SEC), $8,688 worth of computer equipment, and $433,000 listed as "Mineral Rights".

No mining equipment, no development or equipment expenses listed.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8630561

Thank you for your responses.