Gitreal, I don't know exactly what is in the slag and I would wager neither do you.
I no longer own the stock, might in the future, if I think I can make a few more dimes.
All this talk about Gold but what about all the other byproducts also claimed to be in the slag. There are a number of docs that sort of support part of what the company sezs.
If there ain't no Gold exactly what are you claiming is actually in the slag. That particular smelter apparently did not operate like just about like any other one anybody has heard of. The Geo formation of the ore body was also unique, there is an article about it, this was not a run of the mill mine.
In the period of 1915 - 1938 apparently they recovered something like .04 OPT Gold as the final result on the output, it is not known what the analysis showed on the ore going in. This was based on a direct feed of the ore with no benefaction. They apparently did not worry to much what was in the slag. The ore from the Little Daisy mine was about the richest copper in the World, something in the 45% range, the other big pit in the original dig about 10%. They wanted copper, they got lots of copper. Apparently also not getting 100% of the copper and a fair amount might still be in the slag. Company sezs so too.
What is also known is it had lots of sulfur, boocoo iron pyrites and the sulfur acted as part of the fuel, God awful acid rain. Not a nice place to be in the olde dazes. There is no good acounts of them stating any other byproduct amounts, if any at all were recovered or even worried about.
So any investor only has the company for a real source. Unless you have something with real authority. What exactly are you claiming is in the slag and how do you know it???? As in a complete break down by metal, element, material, etc in percent. Got to be something in there. Are you claiming they are wrong on all of the potential byproducts??? Or just the Gold.
I've got a range of issues with the stock as an investment, sure ain't going to just buy and sit in it. More than one question which won't get answered any time soon.
They do seem to be able to snooker the "smart Big Bucks Types" into lending them ever more money. Of course that begs the question what do those folks know???? Lots of things totally puts me off in terms of being a good solid potential working operation under their own control ever. Definitely not a way to run the railroad. Just horrible IR.
The building of a potential operation plant makes no sense in your claim of an organized fraud. Most real frauds are more talk than anything of real substance.
But in the end, it is like most speculations, you pays you money, takes you chances. At this point I choose to just watch the World go by, see what happens. Doubt any of it will be quick. Top dogs sure do know how to take care of their own. Gives winning a strange spin for sure. For me only quick in's and out's any more, any profit is good.
