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U.S. Silver & Gold Inc. Message Board

  • lbcb321 lbcb321 Jun 20, 2013 1:42 PM Flag

    It's alive... ALIVE!

    How interesting the board is back up.

    Hindsight is such a wonderful thing. Remember who was the one that told you:

    1) Management was self-serving and the RX Gold deal was NOT in the best interests of shareholders.
    2) They would issue themselves many free shares before doing anything positive to earn them.
    3) The Drumlummon Mine was a sham and had no defined resources and no chance of profitability.
    4) The HL offer was very good and should be jumped on.
    5) Their high cost per ounce produced would subject them to pain if we hit $20 spot.
    6) If they combine with RX Gold, their cash will be depleted by the end of 2013.
    7) They will do a financing deal with Sprott by the end of 2013.

    Numbers 6 and 7 are well on their way and the others have all been proven to be correct.

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    • Worth repeating:

      by lbcb321 • Jun 20, 2013 1:42 PM Remove
      .
      Hindsight is such a wonderful thing. Remember who was the one that told you:
      1) Management was self-serving and the RX Gold deal was NOT in the best interests of shareholders.
      2) They would issue themselves many free shares before doing anything positive to earn them.
      3) The Drumlummon Mine was a sham and had no defined resources and no chance of profitability.
      4) The HL offer was very good and should be jumped on.
      5) Their high cost per ounce produced would subject them to pain if we hit $20 spot.
      6) If they combine with RX Gold, their cash will be depleted by the end of 2013.
      7) They will do a financing deal with Sprott by the end of 2013.

      Numbers 6 and 7 are well on their way and the others have all been proven to be correct.

      This management has been nothing but self-serving. There will be many toxic financing deals in their future and Sprott will end up owning them for a song when they default and common shareholders will be wiped out.

    • I tried to warn, too. I remember when USSIF (USGIF) was over .90 Pre-Split! Now it's .72 Post-Split! Every since Sprott got his hands on it, it's a cascade down. I won't be surprised, if USGIF goes all the way down to it's pre-split price in the .40s. It's run by thieves.

      • 1 Reply to drumrgirl7
      • I dont think most shareholders voted for it. I know I did not and neither did anyone I know. Sprott and his chronies had a ton of shares. The deal was done so he and RX Gold could get out of a worthless mine with nothing in the ground. They screwed US SIlver and lied the whole time. Pretty typical for slimeball management. Now they are talking about making aquisitions. LOL .

 
USGIF
0.5274-0.0070(-1.31%)Jul 22 4:00 PMEDT

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