This merger has nothing to offer GDSM shareholders

This merger has nothing to offer GDSM shareholders.

IGMR states in one of their website reports that they need $700,000 for exploration and permitting. GDSM does not have any money and neither do they.

The claims are extremely high risk due to their location between two BLM wilderness ranges. They would need to hire a company to complete the Archaeological Survey on those 960 acres at a cost of $50,000 to over $100,000. This is a requirement of the Endangered Species Act.

The Kingston Wilderness range  is botanically one of the most diverse areas within the California Desert.  Botanists have identified 505 native plant species and 32 are viewed as endangered, rare, or limited in distribution.

The vegetation and perennial water support a variety of wildlife species which do not occur in nearby drier habitats.  Bird densities are many times higher and contain higher species diversity.  The Kingston Mountains are one of the four localities in California in which confirmed sightings of the banded gila monster have been made.  Other wildlife species include bighorn sheep, wild burros, coyote, black-tailed jackrabbits, ground squirrels, kangaroo rats, roadrunners, quail, rattlesnakes, tarantulas, and several species of lizards.  The southeastern portion of the wilderness provides critical habitat for the threatened desert tortoise.  The wilderness area is an ecological transition zone between the Great Basin and Mojave Desert with numerous species of flora and fauna reaching their northern and southern most distribution limits.

http://www.blm.gov/ca/st/en/prog/wilderness/w...range.html

I would bet that those critters cross the claims daily traveling between the two wilderness areas. If any of them are found on the claims they will never get even an exploration permit.

There are thousands of these worthless claims in California where the tree huggers protect everything for Mother Nature!