Replies to post #14972 on Alto Group Holdings Inc fka ALTO

[TRAPPER JIM]

Does the company plan on there being any difficulty from the Spotted Owl population in the area of the mine

[VIPR]

Thats good news, but why would a "mining company" be selling its "mining equipment"?, when it is the only asset listed on the balance sheet with any value? As a mining "company", you may need it one day.......and it is paid for.......gonna turn it into cash?.....and do what with it? Severance pay for Mr. Howie?

We plan to sell it in Mexico

[hmitwatch]

How about the equipment that wasn't missing/ presumed stolen?

During the year ended November 30, 2011, the Company invested $231,052 into excavation equipment, tractors and trailers, automotive equipment, other mining equipment and office equipment and furniture. Much of the mining equipment is currently held in a storage facility in Mexico and the recoverability of this equipment is uncertain at this time.