All American Gold Corp (AAGC)

[risk on]

4 projects , failed, given up recently, and theres this "We do not claim to have any ores or reserves whatsoever at this time on any of our mineral properties."

This is a scary deal here. They take $, enter into agreements, spend a boat load f $ on " business related" expenses, then the projects mysteriously don't pan out! Lol . One would think that before entering into agreements they would research the overburden issues, and other relatively understood basic parameters in mining BEFORE entering into an agreement and spending SH $ on " business expenses". Certainly a pattern here, a pattern of not looking out for SH and using the " abandoned" projects as a way to justify their cash spending.

Really pretty obvious to me, and certainly to folks who make it their biz to expose obvious cover stories.

CEOs have been living large and using excuses to not pursue projects. But those excuses are virtually false given that no real business would pursue agreements unless they reasonably thought they were actually goin to mine. Kind of hard to mine though no equipment. This is an obvious shell front IMO. One abandoned project, OK, two....hmmmm , three....wtf?! But FOUR???? .... Obvious scam