Silver Elephant Mining Corp (SILEF)

[Middleborder]

Wakebe; One of your better posts I think.

"nobody wants to buy stock when all the upside is capped...!!!!!...your paying the market premium and they buy for a dime and sell to you for 2 dollars a share....ruined a great company"

Well, for start ups, especially mining companies, they have salarys but also compensate employees with shares. Its how they attract staff and managment. And yes, it does involve share dilution which does hold down share price and dividends for shareholders. If they survive you may be able to realize a profit on your investment.

Someone once said that mining companies are run for the sake of managment and mining engineers and that 90% of them would never really benefit shareholders to any great extent. Management is always out for itself, you just hope that you find a company that is well run enough to have money left over for the shareholders.

If you think your stock is in one of the 90% it is probably time to find a different stock.

I sold this stock at the end of last year to reduce exposure to international stocks. I might consider owning it again. (It will probably go up now.)

Everyone should do their own due diligence in deciding what to do.