Sunday, November 16, 2014 4:41:09 AM
These gold scams may center on inflated claims regarding the stocks of gold mining companies whose stock value is often based on gold reserves that are difficult to estimate, much less verify. For example, the Securities and Exchange Commission (SEC) took legal action against a mining company based in Florida for false press releases claiming that a mining project in Ecuador contained gold reserves worth more than $1 billion.
https://www.finra.org/Newsroom/NewsReleases/2011/P124214
I only follow Verifiable SCAM stocks!
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