MM;
Early in December of 1996, Golden Eagle International, Inc. ("Golden Eagle"), a mining company located in Denver, Colorado, contracted the author's professional services as a mining engineer and geophysicist, to carry out the following tasks relative to the gold deposits at CANGALLI, Bolivia: Review the geological literature and studies regarding the region,
The reports were concluded years ago yet no money generated from mine.
Frankly, I didn't read all of them...:) It waste my time since I am not a geologist. I am a speculator...:)
Exactly you or myself are not geologist thus making it very important on who is doing the analysis on the property and their reputation.
So what is the reputation of the persons doing the report I can't seem to find an affiliation with a firm just individuals names also how many shares did they receive for the report?
Also do you have MINES transfer agent phone number to verify shares.
IKAR is non reporting but at the same time the valuation of the property they posses has a huge valuation based on completed reports remember IKAR has only approx; 16 Million shares issued with a 50 Million limit MINE has 89 Million +?????? with a 800 Million limit yes they are reporting but at the same time they are losing money. Since the reports were done years ago(December of 1996,) what is the problem? With all the Gold they claim why hasn't it been recovered.
I am still waiting for MINE geologist final reports.
The above statement is really funny everything seems backwards;
First you get the reports than you Mine the property. MINE mines the property with little success than after losing money they decide to put together a report LOL.
IKAR first gets the report through a reputable firm in the field. Now from what I am hearing they are planning on mining the property. To justify the report. Don't you think MINE is doing things backwards.
MINE has been mining have they not and I know about the Company claiming that it was held on a limited basis, even with that noted if your losing money to the tune of having to issue 45 Million plus shares in a 9 Month period to me that is simply poor Management not to mention the money they spent on wires to promote their stock.
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