The fake NI 43-101 report intrigues me. We know it wasn't written by Greg Parham, so who did write it? Not only are the resource estimates not in any way NI 43-101 compliant, but there are some other glaring clues that whoever put it together is not entirely familiar with the actual NI 43-101 standards.
That and some other clues lead me to believe it may be a cut and paste job performed by someone with perhaps a little working knowledge of how technical reports work, but not enough to make it convincing. To fabricate a resource statement, they would have taken the specific property information they had available and wrapped it with enough technical discussion to make it sound legitimate. To do so, they probably searched the internet or other sources to find related discussions from actual NI 43-101 reports to be able to construct something that would pass as a "resource statement". Therefore, I started trying to track down where they might have cut and pasted the information from. Since the "resource statement" is so comically short, and the specific property information is not published in detail anywhere (at least not in English that I can find) much of the data they would have added is in the geologic discussion. Some of it is lifted directly from government sources, but 2 paragraphs (the section labeled "DEPOSIT TYPES......Epithermal") I found only appear one other place. That other place is a technical report from another OTCBB company's regulatory filings that were published back in 2008, and the discussion is lifted verbatim. Coincidentally, that company, Mexoro Minerals (now Panamerican Goldfields) is a Colorado corporation. It lists as its business address with the SEC a virtual office located outside of Denver.
Could be a complete coincidence. Or not.
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