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A Funny Video About Amarok Resources, Inc. (AMOK.PK)

5 votes, average: 3.80 out of 55 votes, average: 3.80 out of 55 votes, average: 3.80 out of 55 votes, average: 3.80 out of 55 votes, average: 3.80 out of 5 (5 votes, average: 3.80 out of 5, rated)

Amarok Resources, Inc. (OTC: AMOK) looks like a big scam even at a glance. Now they claim they have received funding to do some gold mining in California, but as many bloggers say, this is just one of the latest pump and dumps.

14 Responses

  1. Warren

    April 19th, 2010 at 4:50 pm

    1

    You have your facts off. A public shell was purchased not so long ago. So, what is your purpose with this video? Do you have a vested interest in gaining if the stock goes down? If you do, that makes you an enemy of quite a few investors. Or, are you just plain evil and enjoy spreading around crap. Your video is just that.

  2. Jane

    May 18th, 2010 at 10:49 pm

    2

    “Investors”? Dude, only a half-tard would ‘invest’ in that phony company. Video is great.

  3. don x

    June 9th, 2010 at 8:02 am

    3

    No evidence yet that their drilling has produced any gold. It is being super hyped by people who get paid to do the promotionals. I have enough loser stocks without taking a 1 in a million chance on this one.

  4. Gordon Griesemer

    December 9th, 2010 at 11:47 am

    4

    Why has AMOK been recommended by Weiss Research, Intelligent Investor Report, and others?
    Why would they allow themselves to be part of a scam, or have they too been fooled? I notice that the stock has gone down lately. Is it because of the video?

  5. ROLF LOTH

    December 13th, 2010 at 8:05 am

    5

    IF AMOK RESOURCES IS A SCAM, THEN THOSE WHO PROMOTE IT ARE SCAMSTERS ALSO. THAT INCLUDES SA FINANCIAL, WYATT INVESTMENT RES. AND HIDDEN VALUES ALERT LETTER. IF AMOK RES. IS A ONE-MAN OPERATION, WHY WOULD ANYBODY WITH HONEST INTENTIONS WANT TO PROMOTE SUCH A CROOK, UNLESS THEY ARE CROOKS THEMSELVES?
    THEY SHOULD NOT PROMOTE GOLD BARS, BUT SIT BEHIND BARS. WHY IS THE PUBLIC NOT PROTECTED FROM THESE FRAUDSTERS BY OUR GOVERNMENTS? I CAN ONLY SURMISE THAT THE GOVERNMENT IS ALSO AN ACCOMPLICE IN THESE SCAMS, THEIR INTEREST BEING TO KEEP THE LITTLE GUY POOR.

  6. Jane

    December 14th, 2010 at 12:05 am

    6

    True, Rolf.

    Unfortunately the SEC doesn’t take too seriously the pink sheets companies, so most of them usually are reckless ripping people off.

  7. Jody P

    March 20th, 2011 at 6:55 pm

    7

    1/ The SEC is a poorly funded government institution. It hasn’t got the money, time, resources, staff or inclination to go after every small scale conn and pump and dump.

    2/ To answer Gordons query (see below), IIR were paid to pump this stock ‘as a sponsored advertisement’.

    3/ Do you guys not read the Disclosures. This is FROM THE INTELLIGENT INVESTOR REPORT disclosure direct:
    ” IMPORTANT ADDITIONAL INFORMATION: This publicly distributed report of Intelligent Investor Report, is a sponsored advertisement. This paid advertising issue of Intelligent Investor Report does not purport to provide an analysis of any company’s financial position and is not in any way to be construed as an offer or solicitation to buy or sell any security. Intelligent Investor Report is a paid advertiser. Amarok Resources, Inc. is the featured company. The distribution costs of this report to new subscribers, one hundred thousand dollars, were funded by Benchmark Media Ltd. in an effort to create investor awareness of Amarok Resources, Inc. Benchmark Media Ltd. is neither a broker-dealer nor investment advisor, but is a shareholder in Amarok Resources, Inc., holding 1.5 million shares of Amarok Resources, Inc. stock which can be publicly traded (sold) at any time by Benchmark Media Ltd. group. It is anticipated that this report will generate new subscriptions for Intelligent Investor Report and expect to receive an unknown amount of revenue from new subscriptions from the subscription offer contained herein. Jarret Wollstein, the reviewer [or analyst], has been paid five thousand dollars in compensation for research, preparing and publishing this report and other publishing venues. Neither Intelligent Investor Report nor Jarret Wollstein is a broker-dealer. This report, including the opinions expressed and the statements made within, is for informational and advertising purposes only and should not be construed as investment-advice and does not constitute an offer to sell any securities, and it is not soliciting an offer to buy any securities in any state or other jurisdiction where the offer or sale is not permitted. The information used to prepare this report is believed to be from reliable sources, but no representation is made as to the accuracy or completeness of such information. Investment in securities carries a high degree of risk and involves risks and uncertainties, which may result in investors losing all of their invested capital. Past performance does not guarantee future results. The information contained herein contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are based upon expectations, estimates and projections at the time the statements are made and involve risks and uncertainties that could cause actual events to differ materially from those anticipated. Forward-looking statements may be identified through the use of words such as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should, or might occur. Any statements that express or involve predictions, expectations, beliefs, plans, projections, objectives, goals or future events or performance may be forward-looking statements. Factors that could cause actual results to differ materially include but are not limited to adverse economic conditions, intense competition, lack of meaningful research results, inadequate capital, termination of contracts.

  8. Jody P

    March 20th, 2011 at 7:20 pm

    8

    * NOTE: “The distribution costs of this report to new subscribers, one hundred thousand dollars, were funded by Benchmark Media Ltd. in an effort to create investor awareness of Amarok Resources, Inc. Benchmark Media Ltd. is neither a broker-dealer nor investment advisor, but is a shareholder in Amarok Resources, Inc., holding 1.5 million shares of Amarok Resources, Inc. stock which can be publicly traded (sold) at any time by Benchmark Media Ltd. group.”

    That says it all….
    You do the maths: Benchmark bought 1.5 million shares, likely at over $1./share. They spend 7% ($100.k) more on a pump that therefore only needs to push the share price up 7% to break even. Likely this pump should go MUCH higher – because as you could imagine, $100,000 means this promotion goes out far and wide, and often these pumps are run over several different ongoing promotions! Anything over a 7% rise is profit. If they can pump enough (a lot of these pumps last about 3 days when they go mad,) THEN THEY SELL – and the price then plummets. They may even short it on the way down too? A classic pump and dump. The SEC won’t touch them – small fry, they have more important things to do than chase penny stock scams. This promo is purely about Benchmark making money. It has nothing to do with any facts or figures regarding Amarok Resources. Any queries as to the validity of the information given, try phoning the Amarok CEO for confirmation – or better still, email so you have their reply in writing with regards the validity of the quoted report and the figures there-in. Anyone buying in should monitor the stock closely, have stop losses in place, and consider not holding overnight – re a possible gap down when it does fall. Note that a share price rise is due to the promo – and not due to the fundamentals of the company.

    You can also search through the recent news announcements to discern whether the 3727 g/ton is valid – doesn’t sound right to me.

  9. Jody P

    March 20th, 2011 at 7:23 pm

    9

    And by the way, I DO NOT own these shares and will not be trading them or shorting them – for those that think that I might have a vested interest in selling the stock down.

  10. Jody P

    March 20th, 2011 at 7:33 pm

    10

    From the
    The highest gold grade obtained from the breccia was 1.26g/t Au, but most anomalous samples are in the 20-60 ppb range.

    Chip samples from natural vein outcrops of the Cruz vein system returned consistent gold values in the 1.0-2.0g/t range across widths up to 8.0m. The best assay received from the initial sampling was 3.82 g/t gold with 12.0 g/t silver across 5.0m.

    Gold assays from the Cruz vein drill program include 6.0m of 2.31 g/t from hole CB-01, 6.0m of 2.96 g/t, including 1.75m of 7.45 g/t from CB-03, 1.5m of 22.68 g/t from CB-05, 9.5m of 8.09 g/t, including 1.5m of 35.84 g/t from CB-17, 10.8 m of 2.4 g/t from CB-21, and 1.2m of 6.95 g/t from CB-22. The vein intersections contain virtually no sulfides. The vein system is open to the NS, SE and to depth.

    THAT IS SLIGHTLY DIFFERENT TO THE 3,727 grams/ton that was quoted in the IIR.

    see amarokresources.com/peru.html

  11. Robert Jones

    March 21st, 2011 at 5:11 pm

    11

    Their website is REALLY REALLY short on substance – a possible tipoff to a problem with this company.
    However the best and far more convincing info and data is on the Edgar database:
    http://www.sec.gov/Archives/edgar/data/1453122/000112785511000109/amarok10q013111.htm#bs
    The filed statements are unaudited, but appear to show exploration costs incurred and cash reserves.
    I think the company would dramatically increase their credibility if they had audited statements.

    I looked at the St. Elias website (with whom Amarok claims to have a contract per their 10-Q above).
    Although the terms of an April 16, 2010 contract seem consistent at a glance, the name of the contracting partner, per the St. Elias mines website, is Ansell Capital Corp. No mention of Amarok appears to be made.
    http://www.steliasmines.com/storage/news_releases/Sli-News-2010-18-Vilcoro-Agt-FINAL.pdf
    Perhaps I’m missing something here.
    It’s very hard to believe that this is a fictitious contract and/or that the 10-Q is false. This would expose the officers signing the 10-Q to jail time. I don’t believe anyone with any brains at all would risk making such a blatant misrepresentation.
    I guess the answer would be to contact St. Elias and/or Ansell Capital to figure this out. And/or a clarification on the Amarok website would help. Someone with more at stake should look into this.

    Rob Jones

  12. Brian

    April 27th, 2011 at 8:48 am

    12

    Amarok recieved a million in financing… someone is willing to bet a million on this company and i dont feel like that could be a scam. The business is real its just taking a while to find the best spots to mine. Plus if you do any research you will find that the location has shown gold deposits higher than other sites that are being mined right now. not to mention gold just keeps going up. My opinion is its not a scam just a company in its infancy. Also, I doubled my money on this stock recently. So im not complaining.

  13. Branko

    May 2nd, 2011 at 2:26 pm

    13

    same here doubled up @.30 , did the reseach and have afriend in Nv. to comfirm drilled was going on as of 4/28. Shorts are nothing more than MM’s!

  14. Alex

    May 20th, 2011 at 9:07 pm

    14

    I viewed the website and although it looks professional enough I think people are deluding themselves if they think this is a legit company. The key number in all this is “1″. How can any serious business except a market stall, fruit vendor or coffee cart operation perhaps have “1″ employee. i have tried operating my own wine/import export business and I will tell you without an assistant and book keeper it cannot be done. Possibly organised crime, – black money – invested originally and now through this public listing it is becoming legal tender. Not unlike drug dealers funding extravagant nightclubs that will never actually be profitable but great for money laundering. I accept i could be wrong but it appears dodgy at least and a scam at worst. I would not invest!


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