Good question. The only verifiable asset is the trading post. But they even overvalue it in their "financials"... the numbers of which never add up, are sometimes transposed, and, occasionally, don't change (eg--the cash on hand from one filing to the next--which should always be different, one would think)
They claim to have a book value of .20...
and claim to be holding a billion shares (or wtf the number was, I could care less) until the value hits $1 a share..(which, of course, will never happen)
Not recently, but they have claimed to be buying back shares..a lot of them. I have always believed that to also be a lie, seeing as they are always cash poor.
Of course, the biggest laugher besides all the misspelled words, and lame grammar, is the attempt to attribute a $500 million asset value to a bunch of old mining claims, that haven't been worked for nigh onto a hundred years---and won't be, going forward either, imo....
Scamarama...
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