Mustang Alliances, Inc. (MSTG) is currently on a major pump with $1.2 million worth of promotions. According to the promotional letter they are “sitting on $1.7 billion worth of gold and hundreds of millions worth of silver.”
The company has not earned any money and is still in the exploration stage.
Company Description;
Mustang Alliances, Inc. is a natural resource company engaged in the exploration of mineral properties in Honduras. The Company primarily explores for gold, silver and other metals. As of January 13, 2012, the Company was involved in the exploration of Corpus I, II, II, and IV mining concessions, as well as the Potosi concession located in Honduras. As of January 13, 2012, it had five concessions totaling 4,400 hectares under agreement in the Choluteca District of Honduras. Concessions are on trend to a number of gold mines in the Central American gold belt, such as the El Limon mine, Nicaragua. The Company’s El Potosi project consists of five contiguous exploration/mining concessions totaling 40 square kilometers of mineral rights. The claims are located approximately 80 kilometers south of Tegucigalpa, and 20 kilometers east of Choluteca. The El Potosi concession block is centered over the San Antonio and Tajo low sulfidation epithermal vein prospects.