"SAE@ was a scam, and it was a gold mining company. APGA is also a gold mining company, therefore it's a scam." I'm sorry, this logic doesn't work for me. Could someone give me a real reason why this stock is a loser. Just for kicks, I emailed WGM, the company that was hired to assist in the assessment of the Kisita gold property and they confirmed it was true.
The CEO of APGA is Hugh Aird, a highly credentialed business man and Harvard grad, also on the board of directors for American Lithium Minerals. I assume they gained the rights to the properties due to geological evidence of gold deposits. Is it really so obvious then that this company and its investors are headed for disaster?