Replies to post #693 on ResourceTec Corp (RREE)

[Cassandra]

So my guess is that we should see gold and coal shipments begin very soon and my belief would be that perhaps the second quarter of this year would start showing those shipments.

Charles, this "guess" is completely contradicted by Borneo's SEC filings. Can you quote anything official to back up your "guess?"

Borneo's SEC disclosures show that it does not own any coal, so how would it start shipments this quarter?

I'm going by what the CEO has commented on in his PR's. He expects at the mine is to be purchased. If the mine is purchased then we should be getting the revenues from it.

Borneo owns only 2.1% of the 50 hectare gold property. The complete purchase, if it ever occurs (the agreement is disclosed to be non-binding) is not scheduled to be completed until 12/31/2013. How would gold shipments begin this quarter? The 30-hectare property of which Borneo currently owns zero interest, is disclosed in the PR to be a non-producing mine.