This appraisal was issued by Arizona Gold Corporation in the amount of $143,437,500 for the in-ground resources of the Gold Star claims. All without a single drill hole or third-party technical report. And, if you notice, it is signed by a person claiming to be a mining and mechanical engineer (Scott Stoddard) who is not registered as either. This is a direct violation of the Arizona Board of Technical Registration.

The seal at the bottom of the certificate is a State of Florida corporate seal, which is meaningless but gives the impression that this is an official appraisal certificate. Perhaps they thought this would get them past AZBOTR rules, but  doubt the AZBOTR would see it that way.