Claim Jumper or Case of Mistaken Indentity
In recent shareholder's e-mails dated July 14, 2010: Fortress Financial Group (OTC BB: FFGO) "position in respect of Tuffnell Ltd (OTC BB: TUFF) and the "Little Butte property in relation to the Bouse Gold, Inc. property.
The Bouse Gold, Inc. property is comprised of 18 unpatented lode mining claims. The mining claims cover the "Little Butte Mine", the "Arrastre Mine" and the "Flat Fault Mine". The "Little Butte" Claims were located in September 2004. The "Arrastre" and the "Flat Fault" Claims were located in 2004 and relocated in September 2009. Some additional in-fill claims were also located in September 2009. The 18 Bouse Gold, Inc. claims were intended to cover all unpatented ground where past drill holes by Homestake and others had encountered gold mineralization.
In October 2009 Minquest, a company led by a geologist who had previously drilled the property for Homestake, staked 47 unpatented mining claims surrounding the Bouse Gold, Inc. claims. Tuffnell Ltd has acquired an option to purchase the Minquest claims plus 5 additional patented claims. Tuffnell Ltd has also stated that it has located an additional 26 unpatented lode claims.
The Company believes that the actions of Minquest and Tuffnell Ltd are to be expected given the stature and reputation of the Bouse Gold, Inc. property. It is very logical for other mining companies to look for gold "next door" to an attractive gold deposit.
The Company's attorneys have communicated with Tuffnell Ltd's Attorneys. Tuffnell Ltd's Attorneys responded on July 14, 2010 and they have stated that Tuffnell Ltd respects Bouse Gold, Inc.'s land position and that Tuffnell Ltd "does not claim ownership to the "Little Butte" Mine or any of Bouse Gold, Inc.'s property." Furthermore, the Company's Attorneys have confirmed directly with Tuffnell Ltd's Geologist that Tuffnell Ltd has done no drilling on any of Bouse Gold Inc.'s claims.
Tuffnell Ltd has nevertheless declined to remove the picture of Bouse Gold, Inc.'s "Little Butte Mine" from its website, stating that "Little Butte" is a topographic high that can be seen for a mile in any direction and that anyone who wishes to take a photograph may do so since it is on public BLM ground. The Company and its Attorneys are considering Tuffnell Ltd's position and what kind of response is appropriate."
I hope I'm wrong and wish the shareholders of both companies the best of luck!