Gold Lakes Corp. (fka GLLK)

[-NightTrain-]

Heads up Newbs...Pennyland 101. See below:

TheRealMrPirate Tuesday, 05/16/17 11:02:38 AM
Re: None
Post #
4474
of 4474 Go
P&D, dilution, bad CEO, bla bla bla. Why is everyone surprised this is at .0001 ?? Know what you own... it's a junior exploration company, nothing more. They don't mine anything, they aren't revenue generating, their revenues come from shares issuance/notes. What does everyone expect? The company value comes from their claims, they need money to keep drilling (EXPLORATION) in the hopes of finding something worth selling to another company that will actually move forward with mining/production. Until that happens, the only way for them to raise revenue is to keep issuing shares, it's not hard to do the math. Stop crying about the CEO or this being a P&D, they've haven't done anything abnormal. What has happened is you all want gains from something that has no reason to gain until they hit a core sample with good number, and so far the numbers posted on their site are just middle of the road, nothing special. What do you expect?