The problem with HGLC/FFGOs assets is that they are not actually owned by the company. They are leased from Searchlight Exploration LLC. Also, it appears that they are trading the Copperstone Mine back to Searchlight (also know as Bauman) for a new mine called Jerome:
The following is from the wyoming secretary of state site where many of Stephen Lumb companies are incorporated.
2004-000469571: Profit Corporation - Domestic
Name: JEROME COPPER MINING, INC. Status: Active Old Name: Copperstone Mining, Inc. Standing: Delinquent Fictitious Name: Sub Status: Current Sub Type: Formed in: Wyoming Initial Filing: 06/30/2004 Term of Duration: Perpetual Inactive Date: Purpose Code: General Purpose Principal Office: 1901 60th Pl E Ste L6612 Bradenton, FL 34203 USA Mailing Address: 1901 60th Pl E Ste L6612 Bradenton, FL 34203 USA
Additional Details History Public Notes Parties Registered Agent: Incorp Services, Inc. Agent Address: 2510 Warren Ave Cheyenne, WY 82001 USA Latest AR/Year: 00876828 / 2007 AR Exempt: N License Tax Paid: $50.00 Preferred Shares: Prefered Par Value: Common Shares: 5M Common Par Value: President Stephen C. Lumb Secretary Stephen C. Lumb Treasurer Stephen C. Lumb
Copper 12. Copper Mountain 13. Grand Gulch 14. Jerome (Middle Verde) 16. Mineral Mountain 17. Mineral Park
They did this same thing with Windsor Resources which was a wholly owned subsidiary of St James. The reason this is important is because at one point HGLC shareholders were to receive dividends in the form of shares of Windsor and never did: 2004-000467820: Profit Corporation - Domestic
Name: MINERAL PARK COPPER CORPORATION Status: Active Old Name: Windsor Resources, Inc. Standing: Delinquent Fictitious Name: Sub Status: Current Sub Type: Formed in: Wyoming Initial Filing: 05/27/2004 Term of Duration: Perpetual Inactive Date: Purpose Code: General Purpose Principal Office: 1901 60th Pl E Ste L6612 Bradenton, FL 34203 USA Mailing Address: 1901 60th Pl E Ste L6612 Bradenton, FL 34203 USA
Additional Details History Public Notes Parties Type First Name Middle Last Name Title Organization Address President Stephen C. Lumb Secretary Stephen C. Lumb Treasurer Stephen C. Lumb
Notice it is now Mineral Park Copper Corporation which is #17 on the list: