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Re: A deleted message

Tuesday, 04/16/2019 8:30:23 AM

Tuesday, April 16, 2019 8:30:23 AM

Post# of 217
Mining especially outside the US is rife for fraud. Would never invest in oil/uranium or something more exotic. No one knows what's going on underground. Certainly not the average IHUB "player."

Just about the first stock I ever bought was in molybdenum mining, a necessary component in steel manufacturing. It was a huge NYSE div-paying stock that was totally legit, and I think I made a few cents. But 30-40 years later I read an article about that company and learned something they never told shareholders... NO ONE wants to work in a dirty dangerous molybdenum mine. Certainly no American when cushy jobs in Las Vegas are nearby.

They'd hire trainees with a fat salary. Something like half would quit the first day.

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