Actually, there is historical data that could be used as long as you did some confirmation drilling / sampling (and the results were in agreement). From what I've seen of the historical data it wouldn't be that hard to get some of the deposit to an inferred / indicated category. Some of the active areas would probably meet the definition of measured.
Whether it is a scam, gross incompetence or both are equally likely. I've been out to the site a couple times. The equipment is a mismatch for the deposit. How they are intending to mine and haul doesn't make much sense. My overall impression was that it looks like somebody who is woefully under-capitalized trying to produce a few ounces so they could say they're in production.
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