Fred,
consider the 25000 dollar loan at 2% guaranteed by Terry Turner personally, and to do the deal they get 300000 shares, and if or should I say when GE defaults they get another 500000 shares, naturally the monies are borrowed from unnamed sources.
the 300000 shares are at .08 cents.
if default then the guy owns
800000 shares at an average cost of .0325 cents
Does this guy give a chit if there is gold or not, not likely, I wonder which buddy of Terry Turners or other insiders loaned the money?
As Eric Charters said,
GOLDEN EAGLE INTERNATIONAL IS A SCAM
Looking more that way everyday, my opinion it is a PAPER PUSH
Yeah, they got some gold but it will never be mined or joint ventured, but the paper will be traded.
Just think the 800000 shares above with some volume can turn into 400000 dollars at 50 cents and to boot the guy has a personal guarantee from Turner himself, whadda you wanna bet if the guy turns his 25000 bucks into 4000000 bucks he forgives Terry Turnip.
A CONSPIRACY, YOU BET, CLOSE TO THE TRUTH, YOU BET. |
