Replies to post #6536 on Rainmaker Worldwide Inc (RAKR)

[gitreal]

Of course this is not being shorted. But, the story is that the float is relatively small (50 million) and the CEO owns 80% of the OS. Who could possibly be making the money here if it is a P&D?

I ask these questions a little tongue in cheek, I am curious what the responses will be. I have talked about why this company will not be mining anything and approached it from a technical point of view (no reserves, no permits, etc.). And I have pointed out the connections to some very dubious characters. However, the financial situation should be looked at closely as well.

[Montanore]

Mortalmyth--you are right. This one almost telegraphs the fact that it's just another penny mining dirt scam. There sure are some interesting characters and backstories here, though. Especially the one who made grandiose pronouncements about the claims. That would be Einar Erickson--now in his mid-eighties--who overestimated the worth of claims for tax dodge purposes. His religiosity and personality must have swayed juries to his favor.