Geoligist stating what people suspected all along. Juniors inflate numbers.
“That’s the way junior exploration companies attract investors, by over-inflating the numbers,” Keppie said.
“It’s like a Ponzi scheme; you get people to invest their money based on inflated expectations.
http://thechronicleherald.ca/novascotia/1212342-report-on-fracking-rubbish
Duncan Keppie is, quite simply, one of the most influential geologists of our time. Having received a doctorate from the University of Glasgow (Scotland) in 1967, his career with geological surveys and universities in Zambia, Nova Scotia and Mexico spans 45 years.