Ranger Gold Corp. (fka RNGC)

[mr40]

I took a quick look at RNGC and they are "looking" for gold. All they have is a claim that will require millions to explore and permit.

Over the next twelve months, the Company intends to explore its property to determine whether it contains commercially exploitable reserves of gold and silver or other metals. The Company does not intend to hire any employees or to make any purchases of equipment over the next twelve months, as it intends to rely upon outside consultants to provide all the tools needed for the exploratory work being conducted.

The Truman claims presently do not have any mineral resources or reserves. The property that is the subject of our mineral claims is undeveloped and does not contain any open-pits. No reported historic production is noted for the property. There is no mining plant or equipment located on the property that is the subject of the mineral claim. Currently, there is no power supply to the mineral claims.

At $1,968,820 market cap it is already way over valued.