Royal Mines & Minerals (RYMM)

[gitreal]

A leopard does not change its spots. The people associated with RYMM have a long history of being involved with mining scams - I think I posted a few links to some they were involved with back in the 90's. There are even some criminal convictions for fraud mixed in there.

Their Cholla process is garbage. Gold does not exist in economic amounts in coal. Proximity of a coal deposit to a gold deposit is rare (geologically speaking). And even if you did have that scenario, it does not mean the gold would somehow end up in the coal. Makes no sense geochemically.

One more thing. I know some small miner folks who have had the misfortune to get involved with RYMM, and believed RYMM could somehow squeeze more gold out of their ore concentrates. Never happened, and in fact, RYMM absconded with the drums of concentrates. They are scoundrals and the sooner they go bankrupt, the fewer people they can screw. Of course, they'll pop up somewhere else.