(Total Views: 348)
Posted On: 03/14/2022 1:02:50 PM
Post# of 2064
Of the 20 outfits cited with press releases not every one is a winner but I'm pretty sure you could stuff a Piñata with the names, smash it open and the first name you picked off the ground would be a better choice that our little desert flower.
For years we've heard "Give it time - takes ten years." Longtimers have given it ten years and more and most are well in the hole on their investment - some with a folder full of Private Placement Certificates that can't be turned to shares now or perhaps ever.
Still some of us hold our brokerage shares since the value is so little might as well hold hoping for an out and out buyout or Joint Venture. The Company is doing very little to help the holders with press releases that never actually give us a resource estimate other than the fabled "million ounces" and production figures in units that vary from month to month and seldom provide revenue numbers. Everything is squishy - try to wrest some real info out of the releases and there's nothing there. The SEC filings don't jibe with the press releases so there's further doubt.
For years we've heard "Give it time - takes ten years." Longtimers have given it ten years and more and most are well in the hole on their investment - some with a folder full of Private Placement Certificates that can't be turned to shares now or perhaps ever.
Still some of us hold our brokerage shares since the value is so little might as well hold hoping for an out and out buyout or Joint Venture. The Company is doing very little to help the holders with press releases that never actually give us a resource estimate other than the fabled "million ounces" and production figures in units that vary from month to month and seldom provide revenue numbers. Everything is squishy - try to wrest some real info out of the releases and there's nothing there. The SEC filings don't jibe with the press releases so there's further doubt.
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