Replies to post #2077 on Raptor Resources Holdings,Inc. (fka RRHI)

[Bull Bet]

Your probably right it could all be hot air they have been telling investors for sometime now. All I know for sure is they have constantly been asking for $ from many people I know. If u are right with ur assumptions it will be a very hard thing to handle. They will have misled friends and family as well as others that have provided funding to them. Its being pumped to all involved as a big gainer which should have been a red flag right off the bat. If people loose there hard earned $ in this scam as bad of shape the economy is in will be hard to swallow. I hope they have proof and show some real hard results fast. If it doesn't pan out they will have alot of people to answer to!

[pitboss22]

Another independent opinion.....

First, the "size" of the deposit has not been defined by drilling - just a magnetic survey. That means nothing - the only scientifically (and legally) acceptable method to define a resource (and, eventually, reserves) is drilling. From the Company's statements, they are not even at the drill stage. They are still in early exploration which should lead to, perhaps, defining drill targets. They are a long, long, long, long, long way from a real feasibility study.

There are not many barite mines out there, but as an example, look at Kent Exploration. They just started mining an old closed barite mine in Washington State. The deposit was originally defined by 203 drill holes totaling almost 20,000 feet of drilling. The deposit was mined from 1981 to 1984, which obviously gave them a huge leg up in terms of exploration and development as most of the work had already been done. Kent acquired the project in 2006, applied for a mining permit in 2008, and was finally able to begin mining in 2012. 6 years! And that was for a property where the majority of the work (and costs) had already been done before they acquired it, but the Company still spent about $1 million over the 6 years on confirmation drilling, bulk testing, process testing, and related costs. And now that they are actually mining barite, the stock is trading for 2.5 cents a share. With a total market cap of about $2 million, which also includes their other projects, of course, and about $1 million in shares of a publicly traded subsidiary. In other words, the market is valuing their barite operation at pretty much zero. Or less.

Needless to say, it is highly unlikely that anyone would commit to anything before a resource had even been defined, much less before the mine was being built. And, even if there was, an MOU is meaningless.

[Knuck42]

Curious if during your conversations with the Mining Engineer, and especially the geololgist, if they were able to determine whether the barite deposits were Sedimentary Exhalative (SedEx) or Volcanogenic Massive Sulfide Ore (VMS/VHMS).

Since the Dodge Mine (exists) within a Hydrothermal Mountain Range, either is possible. Right? Did'nt want to use the word lies. Its already been used enough.

By definition, SedEx deposits are the world's most important source of lead, zinc and barite, and a major source of silver, copper, gold, bismuth and tungston. The vast majority of the world's barite deposits are considered to have been formed by SedEx Mineralization processes.

On the other hand, VMS/VHMS deposits, as a class represent a significant source of the world's copper, zinc, lead, gold and silver ores with minerals such as barium/barite.

The three important types of barite deposits are classified as vein, residual and bedded. From the Feb 07, 2012 PR "Dodge Mine is classified as an irregular ore body with close-spaced veinlets cutting the host rock and forming an intercalated network of cylindrical or cap-like deposits cutting across geologic boundaries". Sounds to me like this description was written by a geologist.

In that same PR (Feb. 07, 2012) "A third party oil &gas drilling sector geologist recently confirmed that the barite deposits are considered 100% recoverable." And a sentence or two later "Recent testing within the oil & gas drilling sector confirmed the barite quality exceeds the specifications for API grade applications." Sounds to me like the oil & gas services giant sigatory to the MOU may have just sent their geologist to Zimbabwe to evaluate Dodge Mine and tested samples. Could it be the same geologist that wrote the above description and classification?

But wait! There's more.

In another PR we find the statement "Of key interest is the documented widespread occurrences of gossan deposits indicating a massive undeveloped sulfide deposit often associated with gold, nickle, copper and lead." Could this mean that the deposits are VMS/VHMS?

At this point it should be noted that Gossan is defined as being an iron-bearing capping over a sulfide deposit. If the underlying sulfide deposit contains gold, the gossan will also contain gold. In fact, gold is often enriched in gossan.

Since there was an 8-k filed in Feb 2012 about the Dodge Mine acquisition, the time frame for securing this property began in or before Sept. 2011. I think this acquisition fits well with their intent to mine gold. I do not think the company is pumping anything or we would have heard that their is gold in the underlying sulfide deposits and by way of definition in the widespread occurrences of gossan deposits.

Maybe they are just waiting for drilling to be completed before they announce the quantity of the barite deposits and the existence of gold, if any, in the sulfide/gossan deposits.

BTW - in the Feb 07, 2012 PR "Extraction of these minerals is through standard OPEN PIT OPERATIONS". There's more. One need only do their own work and not rely on biased opinions. WoW asked if you thought they had a Purchase Order. I did'nt notice a response.