Hello Norman;
Thanks for your help, but it still does not change the fact that their most recent 1997 report is claiming a full 100% of the Railroad Project as does their web site.
Somewhere they must have bought out the remaining interest from Brex, or they are mistakenly reporting it in their most recent report.
This is the kind of problem that can be brought to the securities exchanges............they call it misreporting or misrepresentaion of facts.............it is very serious??
Before I finished posting this, I also looked back through the last two years of Mine Handbooks, and they both have Mirandor listed as 100% ownership of Railroad??
Now in this years handbook under "Brex",it mentions they have "an option to acq 50% int in gold props, POD prop, Railroad District, SE Carlin Trend, Nev for $500,000."
With no mention of Brex on their web site or in their IR package, it does not sound right to me??
I guess a call to the company will have to reafirm this??
With regards,Frank |
