No, it is not profitable to anybody but the company management and insiders. It is a pathetic scam.
There is no gold in lake bed sand - it is about the last place, geologically, where you'd expect gold to be present. The management here has direct ties to two other long-lived scams: Searchlight and Royal Mines and Minerals. One of them (SRCH) is claiming there is gold in copper smelter slag and the other one is supposedly recovering gold from coal ash. LMAO - snakes, crooks and con-men.
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