Trio Resources Inc (TRII)

[DragonBear]

Whats about the Trio Res. AG?

You mean where private citizen Duncan after buying the assets for $150K 9 yrs ago, sold his private company 2023682 Ontario to TRII for $600K. And suddenly one is believe he has 4K tons of 40oz/ton silver of wealth just laying around on the ground. All that collateral just laying around, and our hero Duncan couldn't get a commercial bank loan for his private company. One is to believe this concentrate just needs to be trucked off to a smelter. Yet Duncan couldn't get a loan to cover transportation costs, with the concentrate collateral suppose to be worth millions? Instead he has to sell his private company to his public company, and then sell stock to the market.

If the next 10Q comes out in August, it ought to be interesting. There's no way the SEC will allow him to get away with saying they recovered 95-99% silver, and then pull some revenue figure out of the air. Note to Duncan: You will need to state silver eq. ounces, and cost to produce as in margins. Remember the SEC is watching!