News Focus
News Focus
Followers 25
Posts 1277
Boards Moderated 0
Alias Born 12/17/2009

Re: GeoInvestor post# 168145

Saturday, 12/18/2010 8:12:38 AM

Saturday, December 18, 2010 8:12:38 AM

Post# of 221992
Big boys shy away from companies with private assay reorts and OTC markets in general. Why consider a risky play like FFGO when you can consider companies with proven reserves like U.S. God Corp. (UXG) or a comparitive silver stock, Silver Wheaton (SLW).

Have no illusions -- FFGO is a risky play. People who already have money don't need to risk their fortunes on a 50/50% chance of a 3400% return. This is essentially a poor man's play (when I say poor, I mean people with less than $1,000,000 USD). Wealthy people prefer a safe 10-20% return, year over year, in solid companies with proven reserves.

That said, with the involvement of folks like Baumann, Lowenthal, the Alaskan soap guy from RENS and others, the "these people are scammers" argument becomes weaker by the day.

It's looking very bright here, imo.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today