Mining PRs and the Ottotrans™, Part 16

Here comes another in our occasional series, when we take the guff contained in junior mining press releases and tell you what they're really saying. Today's featured PR is a little masterpiece and was sent along by kind reader 'MP'. After reading it took me a couple of minutes to stop laughing, in fact. The company's name is Orofino, it trades on the US OTC pinksheet market and is....well....see for yourself:

This is what they wrote:

Press Release Source: Orofino Gold Corp. On Monday April 12, 2010, 9:00 am

HONG KONG, April 12 /PRNewswire-FirstCall/ - Orofino Gold Corp. (PINK OTC: ORFG) ("Orofino Gold" or the "Company") is pleased to announce that as result of the recent site visit and meetings with Colombian Geologists who are well informed on this area, it has been determined that current estimates for the area are that each of the areas of lode mines may prove to contain more than 1,000,000 ounces of Gold with a Silver credit (as seen in the recent assay results).

While this model is of great interest to the company the current development program is targeting a very large, multi million ounce bulk minable porphyry Copper-Gold deposit which may prove to contain estimates exceeding 5 million ounces in precious metals with associated base metals.

And this is what it means:

Press Release Source: Orofino Gold Corp. On Monday April 12, 2010, 9:00 am

HONG KONG, April 12 /PRNewswire-FirstCall/ - Orofino Gold Corp. (PINK OTC: ORFG) ("Orofino Gold" or the "Company") is pleased to announce that as result of the recent site visit and meetings with Colombian Geologists who are well informed on this area, it has been determined that we're going to scam the investment community for all we can. We're going to pump this sucker via all the usual scummy bullboard paid posting techniques and e-mail spam pumps we know of and we're going to fleece every single one of the braindead sheep that are stupid enough to buy stock in this company.

But before we leave, we'd like you to consider the artistic beauty of the CV of Orofino's head honcho, John Martin. Resumés of this standard are wonders to behold indeed:

John T. Martin, Managing Director

Mr. John T. Martin was born and raised in Canada. He had the benefit of being educated in his formative years in both Ontario and Quebec. He graduated from the University of Toronto with a degree of Arts in 1972, and subsequently graduated with a LLB (Bachelor of Laws) from the University of Ottawa in 1975.

His first employment was with the Bureau of Intellectual Property in the Federal Government of Canada in the mid 70’s. From there Mr. Martin moved to British Columbia, where he enjoyed a busy practice as a lawyer in various firms including his own, until 2003. Mr. Martin’s preferred areas of Law were Securities, Immigration, Real Estate and Debt Realization.

During his legal practice, Mr. Martin had the chance of meeting many clients from across the Pacific whether they were Chinese or Asians and hence acquired a good network in both China and Asia. Mr. Martin was a regular visitor to South East Asian countries, Hong Kong, Korea, Taiwan and China, since 1985.

IKN also recommends spending a little time over at the SEC filings for this Orofino company, as if you're also a numbers wonk you'll probably find them as hilarious as this humble scribe did.