1981 - Cobre 4,615,645 Shares outstanding In the 12/31/1980 Cobre Exploration Ltd annual report (last post) there were only 4,615,645 Shares issued by the company (10 million authorized) with a little over $813,000 cash in the bank. There is ONE asset and TWO options:
Oklahoma gas wells, Colorado uranium option, and a BC gold mine option
In the 10/31/2011 Mountainstar Gold, Inc. Quarterly Report, thirty one years later, with 58,958,357 Shares of Stock of 400,000,000 authorized (or 40X what was authorized by Cobre Exploration Ltd at the underwriting) and a little over $11,000 cash in the bank. There are only TWO assets and TWO OPTIONS:
Oklahoma gas wells, Montana Patents Mining Claims, 50-50 Alaska gold mine option, and a Chile gold mine option.
https://quote.morningstar.com/stock-filing/Quarterly-Report/2011/10/31/t.aspx?t=XCNQ:MWR&ft=&d=cbb4b0842da612b6ebefb046f4a3d251
Before Brent Johnson met Jorge R. Lopehandia Cortes in December, 2009 there were 36,812,974 Shares of MWR Stock, mostly issued to INSIDERS for loans because there's very little Revenue generated from the Oklahoma gas wells each month!!!!!!
Let's see what Brent Johnson did after the death of Mike Fitzgerald about issuing Stock:
44,426,974 Shares of Stock (April 30, 2010)
58,958,357 Shares of Stock (October 31, 2011)
In Two years since the death of Fitzgerald, approximately 22,145,383 Shares of MWR Stock are now in the hands of INSIDERS.