Replies to post #27744 on Mining Global Inc (MNGG)

[Dunphy777]

Give it a week and all of that will change. It always does. Last week they were going to put a ball mill at keystone this winter. lol

[gitreal]

I saw those notes - thanks to NietszcheNow who took good notes.

That is one danger of listening to a con-man talk for nearly two hours. People like Joel are good at convincing otherwise intelligent people into believing something that is not rational or justified.

Let's start with the first fact - Joel is a proven liar. And yet, he portrays himself as a good, honest businessman, with a startup mining business. What he fails to tell his investors is that what he has done for the last four months was illegal. And what he is proposing to do is illegal, without going through a permitting process that can take years and hundreds of thousands, or even millions of dollars.

On top of the permitting, it has yet to be shown that the tailings at the Congress Mine contain sufficient gold to be extracted at a profit. Where is the third-party geologist or mining engineer with a certified sampling report? Where are the numbers to show that trucking tailings to an (unlicensed) processing plant 30 miles away is producing gold at a profit? Where is the feasibility study to show that processing the tailings on-site would ever be profitable?

And why the sudden dropping of the Keystone as an MNGG operation, after all the hype? Why don't you tell your investors the truth, Joel?

And only a couple hundred million more shares to dump before the buyback? Bullshit. Scummy pinksheet CEOs like Joel dump shares for a living, they don't buy them back. Dumping is what they do.

[Hoops_McCann]

I hope Joel realizes that to uplist to NASDAQ your share price has to be at least $1.00/share. Even if he cuts the a/s by half, this isn't getting to $1.