What is a most likely scenario for placer mining scams are on site management skimming gold out of the sluice box. This is in part why an N43-101 is required for a more credible stock market. With this market, all one has to show is proven or probable reserves. It is a good opportunity for an honest little guy operation to get off the ground and produce placer gold. However, the market also sets the stage for quick money scams.
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