Raptor Resources Holdings,Inc. (fka RRHI)

[pitboss22]

Speaking of "stooges", be it 3 or 5, a recent reiview of mining stock scams calls the presence of "stooges" an essential part of the scams.

According to John A. Meech, Director of CERM3 (The Centre for Environmental Research in Minerals, Metals and Materials), The University of British Columbia, Department of Mining Engineering:

Running a scam is a business. It involves a network of associates to work together to operate the overall swindle. Each member of the network has specific tasks to perform. Some of these tasks include:

• Arranging for "experts" to provide credibility (the stooges)
• Writing Press Releases and Investor Releases
• Posting on Internet Chat Rooms such as Agoracon, Yahoo! and Silicon Investor
• Wash-trading to create volume and price trends
• Promoting the stock to clients (the pigeons)
• Selling short
• Buying back the stock
• Distributing the funds generally through off-shore accounts in tax-haven countries

In fact, he identifies the presence of "stooges" as one of the elements of a scam.

He says, "Companies who run scams are always looking for reputable people to stand up for their ideals and provide
their swindle with credibility."

He even confesses, "I was once a "stooge" for one of these despicable companies. Sucked into their cesspool because of personal weakness, I was used to provide their pigeons with assurances that a UBC professor was working to find the gold in their "ore" and develop a recovery technique."

You can read the whole article here.....

http://www.cerm3.mining.ubc.ca/documents/areviewofrecentminingstockscams.pdf