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Re: TradeForProfits post# 5163

Tuesday, 11/21/2017 12:04:50 PM

Tuesday, November 21, 2017 12:04:50 PM

Post# of 6094
The Facebook page states - "Goldmining is a football game
Dont judge untill the final bell goes off"

First, comparing gold mining to football is as lame an analogy as I can imagine. This is a process-driven business. Assemble the right equipment and personnel, eliminate as much risk as you can, have adequate working capital and run the operation as you would a factory. If you are throwing 'Hail Mary's', you likely don't know what you are doing.

Second, people CAN and WILL judge before the 'final bell goes off'. Past is prologue and a history of screw-ups is a harbinger of things to come.

Third, who in their right mind is going to OPEN a placer operation at 7000' in the icebox of Nevada a few days after Thanksgiving? People who know what they are doing are shutting down for the winter at this point. It's dropping below freezing at night and Mr. Ice is not your friend in the placer business.

Finally, if a Facebook post promising wonderful things are just around the corner is the best they can do, all I can say is look around and find the nearest exit.