THIS IS TROUBLE!!!!
Nov 03/06 Oct 25/06 Reynolds, Damien Edward 10 - Disposition in the public market Common Shares -45,000 $0.810
Nov 03/06 Oct 25/06 Reynolds, Damien Edward 10 - Disposition in the public market Common Shares -60,000 $0.820
Nov 03/06 Oct 25/06 Reynolds, Damien Edward 10 - Disposition in the public market Common Shares -27,000 $0.830
They sign a letter of intent on a South Korean property. They don't own anything!!!!!! If they do, do you actually think the Koreans will give them control, or any part of it for that matter. This is an old mined out property. What a German pump and dump. I am having Deja Vu. This will look identical to NFX gold and Bravo Ventures.
There are 28 million shares coming due November 20th @ .15 cents. Every pro on the street took this down, and they can't wait to sell it. This is going to get slaughtered.
Previously GML-V back in 2003 made claim to what their resource was and said the stock was worth some ridiculous number. The stock ran up to 2 dollars, the exchange got a hold of the CEO's interview that was full of lies, they HALTED the stock and it crashed down to .10 cents.
More recently RH-V, formerly UGS-V made claim to a huge uranium resource, the exchange caught wind that lie, halted the stock and the shares proceeded to plummet from .90 to .20.
Today, we have a interview given by CEO Damien Reynolds to a German reporter that is FULL of LIES. If the exchange gets a hold of this, they will halt the stock and it will CRASH. You CANNOT LIE to the public and get away with it.
Oriental minerals (OTL-V): Interview with executive committee Damien Reynolds
Manfred Ries of the Profiler magazine led the following interview with Damien Reynolds, CO Chairman of Oriental of mineral (ISIN CA68619L1031/WKN A0KFUA):
Manfred Ries: Mr. Reynolds, A few days ago admits given that Oriental acquired the SangDong tungsten molybdenum mine in South Korea. Tell us please more about it.
Damien Reynolds: The SangDong project has a value of 16 billion US Dollar with molybdenum prices at todays prices, and a giant quantity of tungsten. (THEY DONT OWN ANYTHING. ITS AN LOI, AND ITS WITH SOUTH KOREA?? AND ITS AN OLD MINED OUT PROPERTY THAT IS FINISHED)
Manfred Ries: Do you intend to acquire further projects?
Damien Reynolds: For the moment we have an enormous project, which, if we develop it with Sangdong, it is conservatively estimated $22 a USD share.
(THIS IS THE BEST LIE I"VE HEARD IN A WHILE - SECURITIES BAN FOR THAT ONE!!!!)
HE DOESN"T MENTION IN THE INTERVIEW THAT A qualified person HAS NOT done sufficient work to classify these historical "reserves"/resources as current mineral "reserves"/resources