Black Dragon Resource Companies Inc (BDGR)

[steve davis]

Yep. We were all victimized by the big lie. Ordinarily, I'm skeptical of what I see in PR's, but frankly, the lies surrounding Black Dragon were so audacious that many of us believed these folks had to be working in our interests. I mean, they weren't just doing a little book cooking; they were telling us that they had production going on that was apparently all ficticious. And yes, a lot of us have lost a lot of money on this goober. The only good thing is that I was wise enough in my other investments to at least mostly manage to tread water (up 15% year to date, in spite of BDGR's collapse, which tells you where I probably would be if my investment here hadn't had 7 grand chewed out of it).