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Re: janice shell post# 58873

Sunday, 08/11/2013 9:48:45 PM

Sunday, August 11, 2013 9:48:45 PM

Post# of 80983
The official website claims he has "over 250 mining claims registered in his name". But it also claims that the Madre de Dios project has $800 million in estimated gold reserves. Unfortunately, the NI 43-101 on the property (page 15-1) says "At the present time, there are no mineral resources or mineral reserves on the Madre de Dios Property. This is due to insufficient data to estimate mineral resources." I take anything written on their website with a healthy helping of salt.

http://www.globalgoldcorp.com/docs/20071204Valdivia.pdf

Malitia