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janice shell

08/29/15 12:18 AM

#94677 RE: coinsguy #94675

The Google maps are from March of this year. And there is no open pit mine visible. They would, of course, BE visible.

Moreover, CRGP claims to have been working that mine for at least two years. So it ought to have been quite prominent in any photos taken in March 2015.

gitreal

08/29/15 1:07 AM

#94678 RE: coinsguy #94675

It shouldn't take someone actually going to Michocoan to see if mines are real. It shouldn't take having to scour Google Earth aerials to see if a mine is real. A legit mining company would provide credible information about its mines.

The first clue is their website. Not a single technical report. Not a single assay. Not a single geologic map. No production records. No geologist. No mining engineer. Even the CEO appears to be a fabrication. For a mining professional he has left no internet trail whatsoever.

The company does provide a UTM coordinate for the Jovita Mine - in March 2015, there was nothing there but some houses. No UTM coordinate at all for the other two supposed mines (San Pedro and El Desvan Cobre). Nothing at all.

I don't think it is presumptuous at all to categorically state that the mines do not exist and mining by this company never occurred.

P.S.: A judge would accept as evidence an assessment based on a Google Earth aerial, if a credible professional was doing the assessing.......and I would not be surprised if the inevitable SEC investigation will utilize an expert witness to do just that, if necessary.

gitreal

08/29/15 1:52 AM

#94684 RE: coinsguy #94675

The Jovita Mine and immediately surrounding area has the following resource estimate:
•Non 43-101 compliant based upon management testing
•Inclusive of pending mining claims to increase Jovita property footprint from it current 250 hectares to 2,800 hectares (approx.)
•45 million tonnes of ore
•Average grade of 0.80 lbs per tonne (cut-off grade of 0.2 lbs per tonne)
•36,000,000 tonnes or 792,000,000 lbs. Cu.


From CRGP's website: http://www.calissioresources.com/ama/projects.html I think this has been pointed out before, but worth repeating. Does 36 million tonnes grading 0.8 lbs/tonne copper equal 792 million pounds of copper? What kind of math is that? The same math they used in their financials?