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Re: Itsnotwhatyouthink post# 16281

Thursday, 03/28/2013 6:39:53 PM

Thursday, March 28, 2013 6:39:53 PM

Post# of 17231
Many caught on during the merger that Drumlummon had no defined Reserves. That's right... ZERO. They played games with referring to Resources since the novice investor doesn't seem to know the difference between Reserves and Resources. I read the NI 43-101 on Drumlummon and it was apparent there was no value to it.

Drumlummon doesn't even have a mining permit and would be many years away from achieving one. They had warehoused a bunch of ore and were selling it off and implying it was production even though it was stored over the course of years and was not a sustainable production level.

Now, just as myself and many others predicted... they are going to back away from Frumlummon as it never had any hopes of being profitable, anyway. I come back every 3 or 6 months to make a post or two and get called names. EXACTLY what I told you would happen is playing out. Drumlummon is a horrible asset and RX will drain all the cash from US Silver. I said it during the merger talks and I will repeat it now.

Good luck to you and I wish everyone the best. Perhaps you have learned to verify information instead of just attacking those tht don't tell you what you want to hear.

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