The billions that you posted about will not wash with the SEC. The company has estimated underground mineral values which does not indicate any expenses as to mining, administrative and other costs. There was another company that tried to pull this a few months ago and I told the prospective investors that a company cannot use valuations in such a manner in the USA. `When the truth came out the investors lost everything that they had invested. When the financial statements come out take a good look at the balance sheet. It appears to me as thought his company is trying to fluff up their image in order to issue stock for money that is badly needed. The company continues to lose money and must issue shares to survive. Hopefully this will change but don't bet the farm on it.
Also take a good look at the entry statements and also at the bottom of the balance sheet for the outstanding shares. This company had a 1 for 1,000 reverse split and in three month were back up to 110,000,000 OS. This was in January of 2006. It will be interesting to see how many are outstanding after another 15 months. I believe that there will be another reverse split before the company gets on any exchange.
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