Thursday, March 21, 2013 4:23:41 PM
"Necessary evidence? Are you kidding? I have been through the documents on their website, and it is a pile of useless, disjointed, and poorly documented garbage. Not a single shred of credible, third-party documentation in that pile to justify MISM's "gold deposit".
The report (as shoddy as it may be to you or anyone) seems sufficient enough by the standards of regulating authorities such as the SEC/FINRA.
"An assay sheet with no attached description of who collected the sample, what their relationship is to the claim ownership, how they collected the sample, how they maintained control of the sample, what the credibility of the lab is, and what the results mean relative to the geology of the deposit is absolutely worthless! Not to mention that just a couple samples per placer claim are statistically useless. A real exploration effort consists of hundreds if not thousands of samples. "
Solution: a new geologic evaluation of the gold star mine will have to be conducted this year to improve investor confidence and substantiate the company's PR claims of gold resources...
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