News Focus
News Focus
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JonDoe1

02/19/24 2:56 PM

#101975 RE: Joesepy #101974

According to finacncials which aren't audited btw they have 114 million in total assets. They currently have 3.1 billion shares outstanding. Simple math puts the share price at 3.6 cents. The "stockpile" cannot count towards assets because for 1, they DON'T OWN it and 2, they aren't even making money off of it. The company has also not disclosed what the price is to process it, which if it really is worth as much as they say the price is most likely fairly high. Even for good miners the ROI on these projects is fairly low.
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Scamdestroyer

02/19/24 4:33 PM

#101981 RE: Joesepy #101974

Wow now it's a 1 billion pile of rocks not 800 million that the news release said,and they still haven't purchased it at an economical price is what the news release was,not OWNED yet! The other mines are still under LOI so not purchased yet. Assets still not proven as promised 3 years ago already, news release stated that a picture of the gold would be released what 3 years ago! Last earnings were pitiful so share price maybe 10 cents at the most!
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Scamdestroyer

02/19/24 4:33 PM

#101982 RE: Joesepy #101974

Wow now it's a 1 billion pile of rocks not 800 million that the news release said,and they still haven't purchased it at an economical price is what the news release was,not OWNED yet! The other mines are still under LOI so not purchased yet. Assets still not proven as promised 3 years ago already, news release stated that a picture of the gold would be released what 3 years ago! Last earnings were pitiful so share price maybe 10 cents at the most!
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rbtree

02/19/24 4:50 PM

#101983 RE: Joesepy #101974

The fool here is you---and all deluded longs--that believe a word published by this scam.AABB has never mined anything but pockets. The gold and cash shown in their unaudited filings are based on the phantom Guerrero mine, which was and is a fantasy. The mined over tailings are part of the dog and pony show.