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jjphillips

02/20/15 10:54 AM

#63408 RE: Lcbm68 #63407

$800k to pay back everyone they owe, find a new mine, find a new mill, and then f$@k it all up again.

Maybe they'll finally pay their accountant and get some financials out. Or maybe they'll get the insurance back on their vehicles, oh wait they bartered the vehicles away in order to clean up their ore that was just piled haphazardly on the ground completely exposed (not stored containers like they claimed in the filings). Or maybe they'll get their internet turned back on. Or maybe they'll issue all the past due convertibles. Or maybe they'll pay SMD the $200k they owe them, or their Lovelock manager. Maybe they'll pump all the water out of Fencemaker and start mining again even though they have no mill and the ore is basically just dirt. Maybe they'll mine Arabia, oh wait. Maybe they'll mine rose creek, oh wait. Maybe they'll start lithium, oh wait. Maybe they'll update Liberty Mill, oh wait.

It's a mining company with two guys who have no mining experience. There's no one else around. Everyone that knew anything about mining is long gone.

Tell your investors that there are a lot better places in Vegas to throw their money away.