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Re: PhisHD post# 79068

Tuesday, 08/14/2012 5:48:48 PM

Tuesday, August 14, 2012 5:48:48 PM

Post# of 162660
Wow is right! An appraisal done by two individuals claiming to be engineers, when in fact, they are not.

Also, wow, why would anybody believe what they read in a PR from a non-SEC reporting company like GDSM? Surely you don't, do you? Do you really think $50K changed hands? I doubt it, but we'll never know for sure since they are not SEC-reporting.

And, FYI, the "mine" is on real estate (Yavapai County Assessor's Parcels 205-14-253 and 257). "Owning" it, or even a percentage in it, is not really possible unless they are buying the property. Pity the poor owners (the Whartons) - any environmental damage to the property will be the responsibility of the Whartons to clean up. Cleanup of old tailings piles can cost millions, and as soon as they are disturbed, they are considered regulated under the APP rules.
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