Replies to post #23581 on MineralRite Corp (RITE)

[pjcent]

Cool pic.! You should repost on “X” !

[The Truth Hurts]

30 years and no one has come close to Monetizing it, why?
Also, who owns the lease?  

[rbtree]

LOL. Those piles are worthless. Already mined, decades ago. Grade was sub-economic at .005 opt Au... and, notably, ZERO PGE's

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176948031

The complaint also alleged that from 1996 through 2001 HCCA, through the efforts of Pietrzak and Furlong, reported to the public that is was an entity with substantial assets when, in fact, it was virtually worthless.

Here's the original 2003 complaint: https://www.sec.gov/enforcement-litigation/litigation-releases/lr-18016

Defendant Jordan engaged in fraud when he issued false and misleading reports that valued HCCA's mining assets at more than $2 billion.

As to the remaining defendant, Jordan is charged with violations of the antifraud provisions of Section 17(a) of the Securities Act and Section 10(b) of the Exchange Act and Rule 10b-5 thereunder. He is also charged with aiding and abetting violations of Section 13(a) of the Exchange Act and Rule 13a-1 thereunder.

Donald Jordan was the incompetent assayer whose fraudulent assays claimed values of 2-6 ounces per ton of gold and several PGE (platinum group elements), all from a pile of mined over tailings that only produced a few ounces of gold when first mined, well before the HCCA fraudsters got involved.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=22784807

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176795340

My old friend albacora put it all together here. Nothing has changed. The tailings are worthless and will remain so, forever. Can't get blood out of a turnip

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=14104136

[Trum]

Too Funny This scam is being pumped day and night ... pure pump and dump scam just judging by the posters here.
For example anyone crying and whining about tailing valuations is likely just hyping and dumping since they have nothing to post with credibility.
Best pickers can do is say that rite MGMt says so... well lets do a little DD together and get educated some... need to take baby steps when dealing with baby investors:
1 Never believe what a paid in shares NR says ( like pickens is trying hard to spew)
2 NMC management (sheppard_) actually openly admitted to his shareholders on the NMC site that they actually can't value the tailings..

"I did meet with several Mining executives in New Orleans in October; however, most were just holding on, let alone looking to acquire other firms. Our greatest challenge is that NMC does not have “proven reserves” nor a NI43-101 analysis which has always been cost prohibitive."

3 NMC used a site survey for Skull Valley which was a spit in the wind guess and no shovel even hit the ground.
4 for 20 years NMC could not partner with anyone to mine Skull Valley even as gold tripled in price... the industry experts clearly know it is worthless ground
5 scams like rite use silly clowns to pump while they dump... take the one joker who admitted to selling off 90% already but still hyping day in and day out that this is a legit operation... really? why dump if it is a legit operation? silly pumpers , they get too frothy at the keyboard to comprehend what even they type let alone folks who do actual DD here on this scam.

IMO

[Latenightmike57]

ROFLMAO !!!!!
Hey sucker. Step right up and buy some more. lol.

I’ll bet you see gold nuggets laying on the ground just waiting to be picked up. LOL !!!!

Amazing how greed can turn people stupid.