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Re: hurtszz post# 5567

Thursday, 04/26/2012 5:28:02 PM

Thursday, April 26, 2012 5:28:02 PM

Post# of 13967
I've seen it done before and the 'free' shares always end up being near worthless. They have the financing. Why on Earth would they need to do it if they were going places? Why do they need the assistance of paid penny tout outfits? Why don't they spend the money on extracting gold from their JV properties in Canada instead of acquiring new gold properties...?

Well, I can answer that last question. Actual production of lode gold is expensive, time-consuming and laborious. It's easier to acquire some new moose pasture and tout it and appeal to dreamers. The acquisition process makes for better PR material.

Most of the grade that they do have is mediocre. They don't mention that on their site. They only tout the best of the best of and even then don't tell you how much of that there is.

One last thing--the loader on their site. A stock photo. ALWAYS a bad sign to see stock photos on gold web sites.


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