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Re: resx18 post# 10995

Friday, 08/29/2014 1:14:54 AM

Friday, August 29, 2014 1:14:54 AM

Post# of 30818
I know, I know, it is not whether these pinksheets are real or not, it is just whether or not you can make money off them. I get it, and I hear that a lot. The problem is that many folks are not as savvy as you, and actually believe this company will be crapping out gold bars as soon as the $12.5 million shows up.

As with the example I gave you about Einar and his tax deduction scam, sometimes it goes beyond just harmless speculation. Some people actually get into legal trouble, and occasionally, company management ends up in prison. I know of one that was promoting mining claims with false ore estimates that is now serving 30 years.

Sometimes the scammers leave behind environmental messes when they abandon the claims that they've been pushing dirt around on. There is one mining scam in Arizona that may very well become the next State Superfund Site because the scammers started pushing lead-contaminated tailings around. It is not always harmless.

Ironically, that particular company was SEC-filing, and not even a pinksheet. Given the damage they caused and the lies they told, just think of the crap that a non-filing pinksheet like CJTF can get away with (and has, so far)!
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