Replies to post #10287 on Placer Gold Corp.(fka PGCR)

[THE GREEN EAGLE]

especially this part:Well, there seems to be so very many red flags waving around this one that I would be quite wary.
Mr Shell (RE Shell/Concha holdings) has quite a history of securities violations regarding mining schemes, problems as recent as a few years ago and once even resulting in a four year jail sentence.
The shell being used appears to be manufactured for a promotion.
The Accountants are quite shady, with both partners having serious problems with the PCAOB.
The company has not filed any financials since it was "Bulldog financial"
Shifty related party transactions.
Flavor of the week company, made huge claims in oil. Then when the price of oil died, they all of a sudden went into gold.....

With 360million shares out, at .05 this company is valued at ~18 million dollars, they have no apparent assets, no offices(run out of a residence). They have done _39_ press releases in the last year though.

I find it very doubtful that these people have the best intentions and if they do that anyone would fund them considering the past offenses and current situation. The touted "forward gold sales" sound like an outright scam with this situation combined with no NI 43-101.

Hopefully in the end I will be proven wrong, but I have yet to be so far and I have seen ohhhh soooo many just like this one.

http://www.sec.gov/investor/pubs/microcapstock.htm
http://www.cerm3.mining.ubc.ca/documents/areviewofrecentminingstockscams.pdf
http://www.nasaa.org/investor_education/nasaa_fraud_center/436.cfm

Good luck to you all,
Caveat Emptor!