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gitreal

08/27/15 3:11 PM

#26216 RE: DoubleOrNothing985 #26202

That's interesting logic. If a company says it in a PR often enough, it must be true? Wow.

As for crazy claims, how about this one. This so-called mining company says they have an open-pit mine and a mill in the Jovita concession. And they have claimed $5 million in revenue from the mining operations, supposedly active since at least 2013. And, they even issued a coordinate where the mine and mill are supposedly located. It plots at the east side of the Jovita concession. Yet, a recent (March 2015) Google Earth aerial photograph shows no sign of a mine at the given coordinates. Or, in the entire 250 hectare Jovita concession. The Jovita Mine supposedly was an open pit mine, easily visible in aerials.

So, not only is the mine invisible, but there is no other information available to confirm that the mine exists, other than PR's, promotional videos, and a listing on a Mexican mine database. A database compiled from company websites, and with a disclaimer warning users of the database about where the information comes from. Another infamous mining scam, SRGE, used the same database to establish credibility, and we all know how that one ended up.......

Bottom line is that this is just another POS pinksheet mining scam that has outright lied to investors for several years. Investors who lucked out and got divvies and were smart enough to not re-invest, should count themselves as extremely lucky.
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Durand

08/27/15 3:11 PM

#26218 RE: DoubleOrNothing985 #26202

The simplest explanation is that CRGP is a scam
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236T568

08/27/15 4:51 PM

#26273 RE: DoubleOrNothing985 #26202

huh?

you are exactly defining what dilution is

geesh!



Too many buy back PRs for them to not be real. Yes the AS has been raised, multiple times probably, but that doesn't necessarily mean dilution. As others have postulated it could be to prevent a takeover, or they know that some of the restricted loan shares are are about to be cashed in, who knows, but it just does not make sense to spend $1.5 million buying back shares to then dilute it.