Friday, May 31, 2013

"Oh What a Tangled Web We Weave When First We Practice to Deceive" in Armenia



"Oh What a tangled web We weave,
When First We Practice to deceive! "

Sir Walter Scott: Marmion: A Tale of Flodden Field






(ARMENIAN VERSION BELOW)

May 31, 2013


Dear Readers,

I prepared this chart in an attempt to bring to light the web of connections used by Global Gold Corp., GGM, Mego-Gold, Mr. Van Krikorian and Mr. Ashot Poghossyan. While I do not believe this chart is exhaustive, it does represent what I believe to be the web of influence and money used by Mr. Van Krikorian and Mr. Ashot Poghossyan in Armenia. There is significant Political Influence That Mr. Krikorian has access to his 30 DUE Armenian Assembly of America the Year with Association (AAA).
The AAA has lobbied the US Congress over the Last 20 years, and the Republic of Armenia has received Hundreds of millions of dollars of military and Foreign Aid Aid . One Deputy Minister once told me That "We" looked upon Mr. Krikorian as a "Savior to Armenia" back in the early days of the new Armenian Republic.

Because of Mr. Van Krikorian's association with the AAA, he has access to the Office of the President and the Office of the Prime-Minister of Armenia, something that mining companies normally do not have access to. Over the last few months Mr. Even Krikorian has attempted to use his Influence and visited the Office of the State Minister of Revenue, in an Attempt to Stop a criminal Investigation against his Company. Over the years, Mr. Krikorian has developed this "web" with the help of his main partner, Mr. Ashot Poghossyan and their lawyer Hrayr Gukhassyan, by employing children and family members of key government officials. Return GGM appears to have received in Support Projects in securing mining and Licenses, under questionable Circumstances. In my opinion money has flowed Through Global Gold Corp., to GGM, Mr. Ashot Poghossyan, and his private consulting company, Arax Consulting and RAKE LLC. Considering Global Gold has spent $ 11 Million dollars at the Toukhmanuk Gold Mine plus $ 7 million received from CRA in 2011, their new joint venture partner, but GGM has little to show for it and now it is shut down because of bad planning (more on CRA below). The main Agent in the MIDDLE of GGM's Successful attempts to circumvent mining regulations and Code of Armenia is Mr. Koryoun Agopyan, the Head of the Concessions Department at the Ministry of Energy and Natural Resources (MENR). Since 2006, Mr. Koryoun Agopyan has supported Global Gold subsidiaries GGM, Mego-Gold, Hankavan and Getik operations by not enforcing Armenian laws. In return Mr. Koryoun Agopyan benefited from millions of dollars of geological exclusive Contracts for Services issued by GGM to "his" Company, rake, LLC. While it is hard to confirm ownership between RAKE and Mr. Koryoun Agopyan, this type of corruption prone undisclosed Ownership is Common Practice in Armenia. I came to this conclusion about Mr. Koryoun Agopyan from conversations I had with other mining professionals in Armenia and by the fact that Mr. Koryoun Agopyan organized a bogus / fake termination notice on the Marjan Mining License on September 28, 2010, issued by the MENR. This termination notice was used by Mr. VAN Krikorian to justify his termination of our Joint Venture Project and to swindle this Caldera Away from Sharp by Using the Practice of the Law. I do not Believe Mr. Krikorian had any intention to complete the transaction with me on the Marjan Project, his intent was to get as much cash from me as possible and sooner or later terminate the agreement, just like he continues to do.










Mr. Krikorian also used the services of GGM's lawyer, Mr. Hrayr Gukhassyan, a FALSE criminal complaint against me to File Label me to a "criminal" and use this accusation to gain Advantage in Using the local Armenian Media,
t he Administrative Courts, the US State Department, the US Embassy in Armenian and the US Arbitration case. Mr. Hrayr's Gukhassyan has many connections in Armenia legal society along with his father Mr. Hovaness Gukhassyan, Justice of the Cassation Court of Armenia, Criminal Division, including the help of his wife and siblings, in corruption plagued Armenian Judicial system. This is common practice of Mr. Krikorian and GGM to File FALSE criminal complaints in an Attempt to shut down his detractors. Mr. Hrayr Gukhassyan should be disbarred for knowingly Filing criminal complaints on behalf of FALSE against me GGM GGM employees and contractors and Other.

My opinion is based on my Personal Experiences in DEALING with Mr. Van Krikorian and his gang in Armenia. There are too many coincidences and circumstantial evidence that fall in the favour of Mr. Krikorian for me to believe otherwise. Mr. Krikorian and Global Gold Corp. have benefited from the Political Influence gained Through his connection to the AAA, and Possible "baksheesh" circulated Through Ashot Poghossyan, Arax Consulting and rake. Recently I also discovered That Mr. Krikorian and GGM held two books for accounting of their mining activities in Armenia. They kept one set of books for Armenia authorities and an other set of books to show to US investors. I discovered recently that GGM has been under-reporting their mining activities in Armenia by 50% and possibly the gold concentrate produced at Toukhmanuk may have been diverted from their production records. Please Visit my Blog for more information on this matter At: http://gbgd-armenia-mining.blogspot.com/2013/05/global-gold-corp-gbgd-overstates-mining.html It is also appears I am not the only victim of Global Gold activities in Armenia, he is doing the same thing to another foreign investment company, Consolidated Resources Armenia (CRA). CRA made ​​approximately a $ 7 million dollar investment in Mego-Gold which Mr. Ashot Poghossyan apparently misappropriated some funds which were destined to pay employees and consultants of GGM. It is no wonder Mr. Poghossyan lives in a MILLION dollar estate while GGM and Mego-Gold employees and contractors are waiting almost 2 years to get paid their meager salaries and benefits. I predict again that GGM will terminate his joint venture agreement with CRA claiming breach of contract. I believe this is a pattern that GGM and Mr. Krikorian to use their Advantage.  This is stealing, but instead of a gun and Force, they use legal Tactics Sharp, the courts and corruption. So this makes it legal? The State Revenue Agency of the Republic of Armenia, the General Prosecutor's Office of Armenia, Anti-Corruption Agencies in Armenia and all, should investigate Global Gold Mining, Mego-Gold, Arax Consulting, rake, Mr. Van Z. Krikorian, Mr. Ashot Poghossyan, Mr. Hrayr Gukhassyan and

Mr. Koryoun Agopyan an end to this and PUT. 

Sincerely, 
Vasilios (Bill) Mavridis Montreal, Quebec, CANADA 
514-813-9200



About this Blog:  Between 2009 and 2012 I was an active investor in the mineral exploration sector in the Republic of Armenia.  Our main project in Armenia was the MARJAN polymetallic gold and silver project located in near Sissian.  My JV partner, Mr. Van Z. Krikorian, President of Global Gold Corp (otcqb: GBGD) and Trustee of the Armenian Assembly of America, used corrupt means including using his influence with the US EMBASSY in YEREVAN to secure an indictment against me for theft of the JV and to corrupt the Armenia judicial system to give him a favourable ruling.

Mr. Van Z. Krikorian is the President, CEO and Legal Counsel of Global Gold Corp. (otcqb:GBGD), a penny stock listed on the OTC  markets. His public filings with the US Securities and Exchange Commission  fail to fully disclose the reality on the ground in Armenia in the promotion and development of GBGD's gold project, the TOUKHMANUK GOLD MINE.

This blog is an effort to bring transparency of the activities of Global God Corp. (otcqb: GBGD) and Mr. Van Z. Krikorian in Armenia.


 -----------------------------






31 May, 2013
Dear Readers,

I present you with Global Gold, Gold tnkerutyan Megk Van Krikorian and the network created by Ashot Poghosyan. Although I do not think that this list is exhaustive, it does not represent all of their communications - including ousted from   Mr Van Grigoryan and Ashot Poghosyan money by using   the information.
They have a huge political impact, Mr. Grigoryan has a 30-year-old contacted Armenian Assembly of America (AAA) with AAA influential in the US Congress, which for the past 20 years, Armenia has allocated hundreds of millions of dollars in foreign aid and military assistance.

One minister once told me that "we" are looking at, as Mr. Grigoryan of Armenia "Saviour" still in the early days of the Republic of Armenia.
Habdisanalov VAT-President, Mr. Van Krikorian has access to the Prime Minister, the President of the Republic gchasenyakner. Recently, the State Revenue Committee to use its status to settle the issue of the suspension of the case against Global Gold. 
Van Krikorian, together with their lawyer Ashot Khoghosyani Ghukasyni of Justice has set up a network to recruit the people and their officials to work from their family members. Instead obtained mineral licenses issued under suspicious circumstances.
I just now got underway in the financial flows to the GLI, the money goes to Mr. Ashot Boghossian ARAX CONSULTING consulting firm for private and RAKE spin. GGMe showed that Tukhmanuk mine has invested $ 11 million, 7 million plus to this is the GLI received in 2011. Korporeyt Resource Company, the joint venture in exchange for promises / this issue avelintesek industry /.
Global Gold illegal litsenghianeri main author Koryun Hakobyan, who held the post of Minister of Energy and Mineral Department of Natural Resources. It was in front of millions of dollars to get its actual RAKE Ltd. for geological services / it will be difficult to establish the link between documentary /.
Koryun Hakobyan was prepared by the same decision, according to which our company's mining license is revoked on September 28, 2010, based on which Van Krikorian led us out of the Marjan hakavayrits.
Convinced that V. Krikorian Marjan mine does not function as intended. His only goal was to get big money from me as possible. This same policy he carried out his other partners stands.
V. Krikorian makes use of the services of a lawyer Hrayr Ghukasyan, against koghts charges for the use of the media in shaping public opinion in the network. They also have extensive contacts with the Administrative Court of the United States deapanatane, the US State Department, the US Court of Arbitration.
Hrayr Ghukasyan has many connections in the legal environment, his father, John, Mr. President, Member of the Court of Cassation, the law enforcement, his wife, brothers and sisters, who are drawn to positions in law enforcement, including criminal division. V.Krikoryani and GGM_i for the common practice is to sue their employees and contractors talking. These fake documents prepared by Hrayr Ghukasyan, for which he should zrel right to a lawyer.
V. Krikorian said karoghem gone out of my personal experience, it is widely used by the CAA's political influence and the spread of private consultancy firm and Ashot Poghosyan ARAX CONSULTING RAKE SPneri on.
My study shows that V.Krikoryane and A. Poghosyan has two accounts. He showed different numbers of Armenia and MMN_um including mining. For more information, please visit: http://gbgd-armenia-mining.blogspot.com/2013/05/global-gold-corp-gbgd-overstates-mining.html
Recently I found out that Van Krikorian and Ashot Boghossian to do the same in a different Consolidated Resources Armenia (CRA) company to pick up their $ 7 million in unpaid salaries and taxes to pay for 2 years, and I V.Krikoryane. Poghosyan ohtagortsel the money ews their hayatsoghutyan not npatakayni, as it was stated in the contract. I apshats as Ashot Poghosyan can enjoy his millions unetsvatse knowing that his salary is not paid for years because of working people. I am convinced that the blame lies with a GGM_e Consolidated Resources Armenia (CRA) obligations default, the court will win and assimilate the money; This is their usual ashkhatanbkayin prakeika.
The State Revenue Committee of Armenia's Prosecutor General's Office, Armenian and other anti-corruption agencies should investigate Global Gold Mining, mego-Gold, Aras consultancy, RAKE CD, Mr. Van Krikorian, Mr. Ashot Poghosyan and Hrayr Ghukasyan and Koryun Hakobyan The activities shall put an end to this.

Hanganknerov,
Vasilios (Bill) Mavridis
Montreal, Quebec, Canada
514-813-9200
bill@mavridis.ca


Global Gold Corp (otcqb: GBGD) Makes False Statements About its Mining Production at its TOUKHMANUK GOLD MINE in Armenia

Through a Joint Venture registered in the Isle of Jersey, Global Gold Corp. ("GBGD") is the operator and owner of 51% interest in the Toukhmanuk Gold Mine located in northern Armenia. The balance of the ownership in the project, 49%, was purchased by JV partner Consolidated Resources of Armenia (CRA) in 2011 for $ 5 million equity and $ 1.6 Million in loans. Due to the failure of the JV, CRA is now seeking a court ordered liquidation of the JV assets as well as recovery of $ 1.6 million in defaulted notes, plus interest and damages. 

In 2013 I received copies of official correspondences issued by the Ministry of Energy and Natural Resources of the Republic of Armenia which included official mining volume records reported by GBDG subsidiary Mego-Gold.

While GBGD has claimed since its January11, 2008 Press release (click here to Read it) That its mine was commissioned as of December 20, 2007 with a Capacity of 100,000 Tones per Year Processing of ore 2 - 3 Grams Gold per tone. 

GBGD has never mined 100,000 tones of ore per year from its re-commissioned mine and plant and its grades have fallen over time to about 1g / t.

This announcement appear to be just hype and Other Production since Never was achieved. In 2008  its SEC filings GBGD Reported in 82,000 Tones of ore mined That it Grading 1.85 g / t Gold but in Official Government in the Republic of Armenia Made filings, GBGD Subsidiary , Mego-Gold Reported That it only mined ore Grading 3.34 g of 45.660 Tones / t Gold.  (See TABLE below). 

" Following the [Annual Shareholders'] Meeting, there was a review of Global Gold's Current Operations. In Armenia, Production At Toukhmanuk mining Property in June reached an output rate of about 300 ounces of Gold per month. Global Gold anticipates this monthly Production rate to be sustained until the plant production is expanded to 15,000 ounces per year in the first quarter of 2010 and then to an industrial production level of over 100,000 ounces per year. "   

Somehow the "300 ounces of gold production per month" never materialized along with the "sustained" production expansion to "15,000 ounces per year". In the official filings made with the Government of Armenia's Ministry of Energy and Natural Resources (MENR), GBGD stated it did not mine in 2009 and had absolutely no GOLD production (see table below). 

In 2010  the Toukhmanuk Mine Production recommenced in its SEC filings and GBGD Reported That mined ore with a grade of 21,000 Tones of 2.08 g / t Gold Reported These volumes are significantly higher That the Government of Armenia Official filings also GBGD Subsidiary Made by Mego-Gold , 16,800 tonnes of ore mined That it Grading 1:17 g / t Gold.  (See TABLE below). 

In 2011  in its Annual report Made Additional FALSE statements with the SEC claiming it Tones of ore mined 21,400 Grading 0.92 g / t Actually When in fact it Tones of ore mined 11.860 Grading 1.54 g / t of Gold.  (See TABLE below). 

There has been no production at the Toukhmanuk Gold Mine since 2012 due to problems in securing a permit for a new tailings dam. Local environmental NGO's and local villagers have opposed the building of a new tailings dam.

In 2014 Global Gold Corp was sued by its Joint Venture partner, Consolidated Resources Armenia (CRA), for defaulting on $ 1.6 Million in loans. CRA is also suing GBGD in the Royal Court of Jersey claiming the failure of the JV and requesting a court ordered liquidation of the JV and the Toukhmanuk Gold Mine.

THERE HAS BEEN NO PRODUCTION AT THE 
TOUKHMANUK GOLD MINE SINCE 2012.






About this Blog:  Between 2009 and 2012 I was an active investor in the mineral exploration sector in the Republic of Armenia.  Our main project in Armenia was the MARJAN polymetallic gold and silver project located in near Sissian.  My JV partner, Mr. Van Z. Krikorian, President of Global Gold Corp (otcqb: GBGD) and Trustee of the Armenian Assembly of America, used corrupt means including using his influence with the US EMBASSY in YEREVAN to secure an indictment against me for theft of the JV and to corrupt the Armenia judicial system to give him a favourable ruling.

Mr. Van Z. Krikorian is the President, CEO and Legal Counsel of Global Gold Corp. (otcqb:GBGD), a penny stock listed on the OTC  markets. His public filings with the US Securities and Exchange Commission  fail to fully disclose the reality on the ground in Armenia in the promotion and development of GBGD's gold project, the TOUKHMANUK GOLD MINE.

This blog is an effort to bring transparency of the activities of Global God Corp. (otcqb: GBGD) and Mr. Van Z. Krikorian in Armenia.

Tuesday, May 28, 2013

Global Gold Corp. (GBGD) Overstates Mining Volumes At Its Toukhmanuk Gold Mine by 104%


ARMENIAN BELOW

I recently received copies of a letter including a summary of production reports filed by MEGO-GOLD LLC, a Global Gold subsidiary for production at the TOUKHMANUK GOLD MINE in Armenia.

The letter was issued by the Chief of Staff of the Minister of Energy and Natural Resources, Mr. Karen Kagramanyan, (MENR) following an access to information request by Mr. Arthur Grigoryan, the President of "ECOLOGICAL RIGHT", an Armenian Environmental NGO.





I have compiled the data and have compared it with the mining volumes published by GBGD in its December 31, 2012 annual 10-K report. The report is signed by Mr. Van Z. Krikorian as CEO and the rest of the Board of Directors and audited by RBSM LLP of New York.

Since 2006, GLOBAL GOLD CORP (otcqb: GBGD) has overstated its mining volume by 104% from its Toukhmanuk Gold Mine located in Armenia.

In the 10-K report, as filed with the United States Securities and Exchange Commission (SEC), for the year ending December 31, 2012, Mr. Krikorian and his board certified the following statement:
The Company has mined mineralized rock of approximately 52,000 tonnes in 2006 with content of approximately 1.27 g / t gold and 6.37 g / t silver, no mining in 2007, approximately 82,000 tonnes in 2008 with content of approximately 1.85 g / t gold and 5.21 g / t silver, no mining in 2009, approximately 21,000 tonnes in 2010 with content of approximately 2.08 g / t gold and 5.68 g / t silver, approximately 21,400 tonnes in 2011 with content of approximately 0.92 g / t gold and 3.32 g / t silver , and no mining in 2012. 
The production records filed by Global Gold in Armenia paint a different story. Below is the translation of the table received from the MENR. This table is drawn from the official reports of production at the TOUKHMANUK GOLD MINE filed by MEGO-GOLD, since 2006.





Converting the GBGD data to conform to the Table provided by the MENR we see a different picture emerging.

Converting the Armenian data to conform to the GBGD data published in its 10-K we get the following table:


In 2006, GBGD claimed it mined 52,000 tones of ore when it actually mined 12,100 tones of ore. In 2008, GBGD claimed it mined 82,000 tones of ore when it actually mined 45,660 tones of ore. Meanwhile the GOLD content remains the same, at approximately 66 kg, even-though the volumes differ dramatically. This implies the grade of the ore for 2006, as filed with the MENR, graded for Gold was approximately 5.45 g / t but the grade for Gold reported by GBGD in its SEC filings was 1.27 g / t. The ore for 2008, as filed with the MENR, graded approximately 3.34 g / t, but GBGD reported in its SEC filings that it was 1.85 g / t.

In 2010, 21,000 Tones of ore mined GBGD claimed it with a grade of 2.08 g Gold / t, equivalent to 43.68 kg of Gold content. The Official Armenian records show 16,800 Tones of ore mined That GBGD with Gold content of 18:31 kg of Gold content, equivalent to 1:17 g / t. Global Gold Gold mined in 2010 overstated by 24.1 kg in its SEC filings.

In 2011, GBGD claimed it mined 21,400 Tones of ore with a grade of 0.92 g Gold / t , equivalent to 19.69kg of Gold content. The Official A rmenian records show That GBGD mined 11.860 Gold Tones of ore with content of 18:31 kg of Gold content, equivalent to 1.54 g / t. Global Gold Gold mined overstated in its SEC filings in 2011 by 1.38 kg.

No investor can now TRUST what the real grade of the TOUKHMANUK Gold Mine is. Global Gold reports one grade with the MENR and a different grade in their audited financial statements filed with the SEC. This is a problem for Huge Global Investors Gold since rely on to evaluate the value of Published Grades Gold Assets. Have Investor's been misled in Global Gold?

Is Global Gold Corp. (GBGD), Mr. Van Z. Krikorian and Mr. Ashot Poghossyan willfully and knowingly conspired to File and misleading statements in their FALSE Audited Financial Statements or 10-K Filed FALSE Actually they have with the Ministry of Energy and Natural Reports Resources of the Republic of Armenia (MENR)? 

There clearly has to be an investigation by the SEC, PCAOB and the MENR to find out what the real truth is. 

About this Blog:  Between 2009 and 2012 I was an active investor in the mineral exploration sector in the Republic of Armenia.  Our main project in Armenia was the MARJAN polymetallic gold and silver project located in near Sissian.  My JV partner, Mr. Van Z. Krikorian, President of Global Gold Corp (otcqb: GBGD) and Trustee of the Armenian Assembly of America, used corrupt means including using his influence with the US EMBASSY in YEREVAN to secure an indictment against me for theft of the JV and to corrupt the Armenia judicial system to give him a favourable ruling.

Mr. Van Z. Krikorian is the President, CEO and Legal Counsel of Global Gold Corp. (otcqb:GBGD), a penny stock listed on the OTC  markets. His public filings with the US Securities and Exchange Commission  fail to fully disclose the reality on the ground in Armenia in the promotion and development of GBGD's gold project, the TOUKHMANUK GOLD MINE.

This blog is an effort to bring transparency of the activities of Global God Corp. (otcqb: GBGD) and Mr. Van Z. Krikorian in Armenia.

ARMENIAN TRANSLATION

->
Global Gold will vorporatsian (GBGD) its s gold mine increased ing the mining capacity of 104 percent.

V. yerjers I got the Enerdetikayi and Natural Resources նախարարության նամակ _պատասխանի պատճեններ ը, ներառյալ Հայաստանի Թուխմանուկ ոսկու հանքավայրի արտադրական հաշվետվությունների ամփոփագի ը ՝ լրացրած Գլոբալ Գոլդ կազմակերպության դուստր ձեռնարկության ՄԵԳՈ ԳՈԼԴ ՍՊԸ - ի կողմից :

Նամակը հրապարակված է ր ՀՀ էներգետիկայի և բնական պաշարների ( ՀՀ ԷԲՊ ) նախարարության  աշխատակազմի ղեկավար պրն . Կարեն Ղաղրամանյանի կողմից , որպես տեղեկատվության մատչելիության պատասխան նամակ Հայաստանյան Էկոիրավունք   ՀԿ նախագահ պրն . Արթուր Grigoryan hartsmone. 

  2012 annual 10- K report ). Van Z. Krikorian said the report was signed by the CEO and   board of directors, which the audit was conducted in New YOUR updated in RBSM LLP- by:

2006 թ . իվեր Գլոբալ Գոլդ կ որպորացիան ( այժմ` GBGD) ոսկու արդյունաբերության Թուխմանուկ մասնաճյուղում ուռճացրել է հանքարդյունաբերության ծավալը 104 տոկոսով :

10 - Կ հաշվետվությունում ինչպես , որ Միացյալ Նահանգների արժեթղթերի և բորսաների հանձնաժողովում պաշտոնապես լրացված է  2012 թ վերջին ( Դեկտեմբեր 31) պ րն Կրկորյանը և իր խորհուրդը ներկայացրել են հետևյալ պաշտոնական հաղորդագրությունը՝

 Ընկերությունն 2006 թ հանքայնացրել է  մոտավորապես 52,000 տ . հանքաքար  մոտավորապես 1.27 գ / տ ոսկի և 6.37 գ / տ արծաթ բաղադրությամբ ,
In 2007 , the mining industry has not been implemented . 
2008 թ մոտավորապես 82,000 տոննա հանքաքար, մոտավորապես 1.85 գ / տ ոսկի և 5.21 գ / տ արծաթ գո յ ացող բաղադրությամբ , 
2009 mining has been carried out ;
2010 was approximately 21,000 tonnes of ore, approximately . 2.08 g / t gold and 5.68 g / t silver Guo Yu being formulated ,  
2011 year . Approximately 21; 400 տոննա հանքաքար, մոտավորապես 0.92 գ / տ ոսկի և 3.32 գ / տ արծաթ գոհացող բաղադրությամբ ,
In 2012 , the mining industry has not implemented

Արտադրական ծավալների այլ կերպ են արձանագած Գլոբալ Գոլդ Հայաստան մասնաճյուղում : Ստորև աղյուսակում ներկայացվում է ՀՀ ԷԲՊ - ի կողմից ստացված տեղեկատվությունը : Այս աղյուսակը արտացոլում է 2006 ից իվեր Թուխմանուկ հանքավայրի արդյունահանման զեկույցն , լրացված Մեգո Գոլդի կողմից :

Table 1






Ստորև աղյուսակում համեմատելով GBGD տվյալները ՀՀ ԷԲՊ - ի կողմից տրամադրված տվյալների հետ, տեսնում ենք այլ պատկեր :

Table 2





Ստորև աղյուսակում  10- Կ զեկույցում GBGD- ի կողմից հրապարակված տվյալներն հաստատելու համար տվյալները համեմատում ենք հայաստանյան տվյալների հետ :

Table 3




2006 թ . GBGD ներկայացրել է 52,000 տ . հանքաքարի արդյունահանում երբ դա փաստացի եղել է 12,100 տ հանքաքար.
 2008 year. GBGD of 82,000 tons. ore when it is actually used to be 45.660 tons. Ore.  
Meanwhile, gold  The volume has been variable . It is to be mentioned in the EBP documents that  in 2006, the ore content index is estimated to be approximately 5.45 g / t, but GBGD - in the Secretariat's report as 1.27 g / t.
Ore 2008 's for , as referred to in the document HHEBP , estimated to be approximately 3.34 g / t , but GBGD - it has its secretariat report as 1.85 g / t specified.

2010 GBGD 21,000 tonnes of ore at 2.08 g / t gold content index, proportionate to  43.68 kg of gold reserves. The official data GBGD - was produced over 16,800 tons. ore 18:31 kg of gold worth, commensurate with 1.17 g / t. Gold production in 2010 in the records of the Secretariat of the Global Gold exaggerate to 24.1 kilograms.

2011 year. GBGD of 21,400 tonnes of ore mined from 0. 92 g / t commensurate with 19.69 kg of gold reserves. The official data GBGD - was produced 11.860 tons. ore 18:31 kg of gold worth, commensurate with 1.54 g / t .: Gold production 201 1 - The Secretariat of the Global Gold records   to exaggerate 1 38 kg.

No investor can not be sure that the actual gold content as the Tughmanuki. The Global Gold for its reporting on the EBP and other content from other content on its financial audit documents submitted to the secretariat. This is a big problem as long as the Global Gold for gold investors in evaluating the assets are based on published data. Global Gold investors were misled by

Արդյոք Գլոբալ Գոլդ կորպորացիացիյում (GBGD), պրն   Վան Զ . Կրկորյանը և պրն Աշոտ Պողոսյանը ամբողջովին և գիտակցաբար դավադրել են 10- Կ աուդիտի ֆինանսական փաստաթղթի կողծ և սուտ գրառումներ թէ իրականում նրանք ՀՀ էներգետիկայի և բնական պաշարների նախարարություն ներկայացրել են սխալ հաշվետվություններ ?  

Simple to , the SEC, PCAOB և ՀՀ ԷԲՊ - ի  կողմից անհրաժեշտ է քննություն իրականացնել իսկության բացահայտման համար :

The translations of words and explanation of the mind  based on the English model.