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gitreal

10/05/16 8:54 PM

#710 RE: i_invest_utrade #709

Why would they be processing dirt at the mine site? exercise?

Most of the scam miners that I am familiar with have processed dirt, to one degree or another. It is all about setting up the story, creating an image for the few days that investors are in town.

One scam with a supposed placer gold deposit that I know of ran their wash plant only three days a year.....the three days that investors were in town.

Another scam I know dug a couple thousand tons of rock out of a hillside (breaking numerous environmental and safety laws in the process), and convinced investors that mining was really going on. The rock ultimately had to be reclaimed, because it was in a desert wash, and contained heavy metals.

Another scam bought several million dollars worth of mobile offices and labs, stocked the lab with functional equipment, bought tanks and graders and backhoes, and even had a staff of half a dozen locals to push dirt around. They got shut down after they were inspected and found guilty of numerous environmental regulations. And later convicted of securities fraud.

Shall I go on.....?
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georgeiporgi

10/05/16 9:17 PM

#712 RE: i_invest_utrade #709

invest, but you do buy into the entire real mining industry ignoring the best PM deposit in the world.

Do you buy into that letting valuable concentrates gather dust while share are sold at <0.10 to raise money is logical?

Do you buy into that grades and PM metal mix varies wildly willy nilly in a uniform magnetite skarn?

Do you buy into that chuckie and his mates know more about metallurgy than the world top metallurgists?

Do you buy into a bankrupt failed company paying $180 million for a pile of dirt?

Do you buy into the only thing holding back huge production at el cap is the FS?

Do you buy into that flimflam larry is not keeping things going so he can unload some more of his shares?

salting can be easily done in seconds, do you buy into davidson carrying the samples around during the day sleeping on the samples at night?