Elray Resources Inc (ELRA)

[starboard]

I agree...but that pretty much sums up any penny stock. We pick the ones that seem to be the least likely to be a scam and rarely do they ever pan out to be a successful company/business.

I am am not sure if anyone has visions of grandeur here...but I do think many are hoping for a run or two to try to cut their losses.

One thing that we do know is that all the PR that was released last year has been validated by the legal minutes/ court records from this lawsuit. That by itself makes them more credible than the vast majority of other penny stocks. They also usually file full compliance reports...which is rare.

So, we can hope that something good will come out of this mess, but understand that nothing good is likely.

Again, doesn't that sum up most of the stocks around here?