Replies to post #3 on USCorp (USCS)

[sublime]

This report stated that, if the Picacho gold Property were mined to a depth of 100' and using an 85% recovery rate, there is potentially 12,594,325 ounces of GOLD with a value of $7,556,595,200 when pricing gold at $600 per ounce.

[stockjob]

I bot a little also yesterday, PR was too tempting no to. Was surprised that price fell back by EOD. Anything in the filings stand out to you? I took a quick look, not too good at interpreting filings unfortunately. Notice any conversions coming up to cause dilution? At least the company does file, so that's a plus over the pinkies where folks are kinda throwing $$ blindly. Looks like the float is pretty small now, the bid/ask spreads seem to back that up too. If there's anything like the value PRed to back up the claim, seems the company should be able to get some financing without having to rely too much on dilution.
Surprised nobody else has visited the board, huh?

[AnthonyBP]

Pinksheets.com shows 29,531,459 as of 2004-09-30 so I think your numbers are all right. Their authorized shares is 300,000,000 as of 2004-09-30.

http://www.pinksheets.com/quote/company_profile.jsp?symbol=USCS

I dont see no reason for this company to issue the rest. With a geological survey complete I would think a bank would loan them a few mil to get the proper equipment to start their mining operation their in Picacho.