RE:You just know the Brazil venture is a good betradar17 wrote:
when they were able to secure a loan for just 160% interest!
(not a typo)
The 'interest' is paid in gold pulled from the ground. Insinuating it is a cash payment is definitely misleading. If u don't trust that management has enough gold in the dirt on the property to pay for said 'interest', then it should be presented that way. Mgt must know what they have in Brazil - artesian mining is archaic and won't pull much from the ground - bring in large scale equipment and the story changes. Mgt just has to execute or be executed.