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Re: nagoya1 post# 73904

Friday, 07/18/2014 10:23:52 AM

Friday, July 18, 2014 10:23:52 AM

Post# of 112502
Yes they have fluffed up press releases for the last 3 years. Making each one sound like mining is just around the corner when, in fact, no continuous Mining has taken place.

It's how all penny stocks operate. Make every PR sound as if greatness is coming. It's how you keep liquidity. Selling stock is required and you don't sell stock by saying continuous mining is not guaranteed and will be 5+ years away minimum.

My post is 100% accurate. It's pointless to argue against it. Penny stock investors buy based on a feeling of imminent success that will pass them by if they don't buy now. Then they become wrapped up in the "story", get caught in a sinking stock price, believe all they are told by the company, buy more, get stuck deeper and next thing you know, 3 years later they echo the company talk word for word ignoring the fact that they bought in 3 years ago believing the company when they said 6 months max before continuous mining of profitable gold.

Bottom line is fluff sells stock, truth chases away penny dreamers.