It seems to me that you are very ignorant of the task and work of ACA HOWE INTERNATIONAL!
It seems to me you're very ignorant of the "quality" of company ACA Howe is willing to work for. Just for fun, let's try something...quick Alta Vista search on ACA Howe.
Third hit is something called "El Misti Gold Limited". Go to the home page, sure enough, there at the bottom we find the following:
"ACA Howe (Howe Chile LTDA), Independent Verification Geological Consultants. ACA Howe has been engaged to independently verify sample collection and assay procedures (Quality Assurance Program) for the Company's drilling program and reports directly to the Board of Directors."
Ok, let's see if ole Misty has an SI board...yep. What's going on there?
Hmmm...press releases with very familiar content...
"The report concludes that the combined potential size of the targets in the Sinchao property is considerable and that further work is warranted. A two-stage 11,000-metre
diamond drilling campaign that includes metallurgical test work and detailed geological mapping to cover the entire 1,300-hectare Valle de Sinchao area has been recommended."
and
"El Misti has drilled 8,450 metres, in 31 reverse-circulation and 10 diamond drill holes, at Sinchao over the last two years. This drilling has identified four distinct styles of mineralization: a large copper-gold-zinc-silver skarn system, a copper-gold-silver mineralized fault and breccia zone, a high sulphidation copper-gold epithermal
mineralized zone, and copper-gold-silver replacement manto-type massive sulphides."
This all sounds vaguely familiar, doesn't it? The only thing missing is Mike Gold telling us how his back of the envelope calculations suggest there might be as much gold here as there is in Fort Knox.
And what does a quick perusal of the thread contents show? Hmmm...people buying in at $3-$4/share...lots of dilution...glowing preliminary geological reports...dilution...more dilution...did I mention dilution?...a 20:1 reverse-split...a halt and a delisting.
Interestingly enough, when that property finally got to the point of having real, "inferred" reserves, they amounted to somewhere around 200k ounces. Real Fort Knox, eh?!?!
So no, having the ACA Howe name attached to a penny stock does nothing to improve that stocks credibility. |
