Re: Dilution Factor--buyout
in response to
by
posted on
Apr 05, 2012 08:40AM
(Edit this Message from the "Fast Facts" Section)
Garick- Are you paying attention at all? The following is nonsense:
10k will show Belle Peck dump is one 72 acres that is claimed by GHDC aka NV/B that gets 71% of it and SFMI gets 29%.
Neither GHDC, NV, or B owns that 71%. Never did. Once again, read it in the filings:
"GoldLand is not the sole owner of seven of the patented claims that we lease from GoldLand, and instead owns only 29.166% of the claims. The remaining 70.834% of the patented claims are owned by a large number of descendants of the original parties that obtained the patent rights to the mining claims. We are in the process of trying to identify and acquire or lease the remainder of ownership of these mining claims."