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Replies to post #1760459 on MOMO'S BREAKOUT BOARD
Ownership: -0- shares of common stock at December 31, 2015
105,000 shares of common stock at December 31, 2016
305,000 shares of common stock at February 1, 2017
A National Instrument 43-101 Technical Report was prepared August 30, 2011 on mineral rights now owned or leased by Gunner Gold. This is a report that is the standard used in the industry to estimate the amount of minerals located on the subject property. The report places an estimate of its inferred mineral resources at 5.88 million ounces of gold and with current gold spot prices of roughly $1,275 per ounce it could have a perceived gross value of approximately $7.5 billion.
Recent exploration at the Hercules, Badger and Towne Mines encourages us to continue working to bring one or more of these mines back into production.
We are presently assessing all available information on our properties in order to prepare an exploration plan focused on their gold and silver potential.
"We have relied on the Annual Reports and Company Information and Disclosure Statements dated December 31, 2016, December 31, 2015 and December 31, 2014 and the Quarterly Report and Disclosure Statement dated December 31, 2013... This information constitutes (i) "adequate current public information" concerning the securities and the issuer and "is available" within the meaning of Rule 144(c)(2) under the Securities Act... However, our opinion does not alleviate the professional responsibilities of brokers, dealers and investors to conduct their own due diligence... We have also assumed all oral representations in connection with this matter to be accurate. Nothing came to our attention during the course of our investigation
that led us to conclude that any of such documents were not genuine or authentic or that the facts set forth therein were not true."
AI
