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Re: Stockrager post# 89012

Wednesday, 01/09/2013 6:05:36 AM

Wednesday, January 09, 2013 6:05:36 AM

Post# of 163089
Why would they want to mine for gold when they can mine their shareholders for money in their pockets? Stealing is so much easier as demonstrated by the Lovito family. Approaching $14 MILLION taken from shareholders without intent to compensate or repay for the indefinite loans.

What is so incredibly odd is that they have spent $14 MILLION of shareholder equity, yet have NOTHING - NO ASSETS, NO MONEY, NO GOLD to show for it except the rakes they took from it. The company and the Lovitos' earnings will forever be tax deferred as well. I wonder what kinds of cars they bought and are driving now following the millions of dollars unaccounted for from 2012..