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sidedraft

09/13/11 11:54 PM

#15186 RE: Slojab #15184

Are you kidding me, one of the officers has the title of Chief Mining Officer. LOL
The problem is RVBR is a Russian fairy tale, via Canada, equals next to impossible to identify any of the people involved.

EastCoastCdn

09/14/11 12:25 AM

#15187 RE: Slojab #15184

Oh great, a Sporting and Athletic Goods company turned to a "rare earth minerals" mining co.
With ties to Montréal and an NI 43-101.

Reserves:

Gold : 68 tons
Platinum 3.6 tons
Silver: 739.6 tons
Iron 20,800,000 tons

These reserves are posted on the pinksheets company info page
So...
68 tons = (2 176 000 ounces x $1,837.20 USD/oz)
$3,997,747,200
In gold alone they claim to have ~$4BB USD in assets.
Am I missing something here? This is a little far fetched.

Then silver at $41.00 USD/oz
and so on...

RVBR should be fun to watch :-)