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Thursday, 11/01/2012 9:16:32 AM

Thursday, November 01, 2012 9:16:32 AM

Post# of 67010
The company's website says it all - nothing, because they do not care enough to update website as much as update shareholders. They have it all wrong - they think we are here to blindly buy shares from them. This worked before the R/S, but the arogant increase of the A/S to 1 billion IMMEDIATELY following the R/S to 7 million has shareholders thinking differently. Just check out the volume, and the pps sinking like a rock in water. I said it before, either the company has something lined up and doesn't care about the noise of the day with trading; or on the other side it really will release mountains of shares for sale to continue funding. Common sense and logic would lead any reasonable person to believe that with all the potential this company has, the mining permit, the preliminary assays, etc., that a move to increase the share structure to ridiculous numbers following a R/S that completely brought the share structure under control and maintained value for existing shareholders would be considered totally incompetent. I am concerned that we were teased with preliminary assays, but have not yet seen a release of assay results. If the company has them, they should have been able to get financing in place upon approval of the permit, as well as, post R/S. If the company has not done assay results yet (final), then what is the problem? Tell us. If the company has assay results, and they are not good, and they are intentionally not releasing the same, then such action would be a complete misrepresentation to shareholders, i.e., selling shares to something that doesn't exist and they know it. Forward looking statements doesn't cover the peddling of shares when you are sitting on information that you know makes the company worthless but are holding back from shareholders while at the same time leading investors to believe differently. I am not going to jump to any of these possible conclusions, but if, at the end of the day, becomes apparent that they are acting only in their self interest as principals, and AGAINST THE INTERESTS OF SHAREHOLDERS, I will be more than happy to be the first named plaintiff on a class action against the company and its principals individually. For now, I am hoping for the best, and that the company's lack of communication is just the way they do business, albeit wrong. JMO gg
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