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gitreal

03/07/13 1:46 PM

#18311 RE: feinanddandy #18310

Yes, you are reading those numbers correctly. Of course it is ridiculous to think there is more gold in MISM's crappy placer claims than every produced in the State of Nevada. But no, nobody is crazy - it is simply a deliberate attempt to deceive.

Actually, I take it back - there may be some crazy people involved - any investor that falls for this. I would hope that most of the MISM investors are simply in it hoping for a bounce or a "run", and not actually waiting for gold production.
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koonohiokala

03/15/13 1:32 PM

#18312 RE: feinanddandy #18310

For the Gold Star Mine, (quoted from www.missionmining.com home page):

Measured Resources - 69 Million Tons – Valued at $39.3 Billion
Indicated Resources - 743 Million Tons – Valued at $423.5 Billion
Inferred Resources - 465 Million Tons – Valued at $265.0 Billion
Total Estimated Resources - 727.8 $Billion*
(*based on Kitco published values as of September 8, 2012.)

RESOURCES measured in TONS... (not RESERVES measured in TONS as you previously stated).

That's all :)