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gitreal

08/19/12 2:45 PM

#618 RE: CosmicRambler #617

No, I don't need a map. I know exactly where this pile of slag is, and anybody who has ever taken the Verde Valley Railway trip up the Verde River begins their journey with the train riding up beside the slag pile. You could almost reach out and grab a piece of slag. Highly recommend the train ride!

That's the beauty of it - almost impossible to find a smoking gun on these guys and they know it! Me, or anybody, grabbing a sample of smelter slag from the tracks or even through the fence proves nothing. What am I supposed to do, submit results to the IHub board for a vote? Waste of time and money, obviously.

Besides, a grab sample or even a dozen grab samples would never be sufficient to disprove an 18-hole drilling program anyway - it would take at least a couple drill holes to begin to debunk the previous drilling. They would claim that the surface has been leached and the "goodies" are all deep within the pile, or some such other line of crap.

No, this is only going to end if an investor with enough suspicions and enough motivation takes these guys to court and forces an independant, third-party sampling of the slag pile.

I don't know what the Luxor angle is - is that what you mean by the "core complaint"? You are wondering why Luxor would be involved if it isn't legit? Maybe they see it as a typical penny stock angle - they know as well as you do that money can be made off of SRCH as long as they time things right. I don't know anything about Luxor, but some legitimate companies end up sinking money into some pretty sketchy operations (e.g. Madoff, etc.)