Certainly reasonable questions.So as I posted before, initially just saw this company as a speculation since apparently had control of a mill, and there were some nearby mines. Glanced at company website which seemed a bit infantile, decided they probably would go through a massive reverse, so forgot about.
Looked at again and thought worth taking a flyer. Cant do extensive research on every stock, and certainly stock like this mroe research one does usually more speculative it seems. Since I have speculated on lots of mining stocks I had some basis for comparison.
However thought I would take more seriously so spent time trying to understand company to see if worth taking a larger position. More I looked at more inept the CFO seemed, then he topped it off by making silly projections and inane press releases showing total disrepect to shareholders.He doesnt seem to understand timely disclosure nor general SEC position on junior exploration comapanies nor much about this sector.
This stock seems to generate some true believers who no matter how much CFO wipes out shareholders, ,isses projections, etc, some people keep believing CFO has some chance to make a real company. Everyone entitled to their opinions, but it is not unreasonable to ask what they are based on.
Now it is curiosity what is next inane step CFO will take, and also learning experience how the true believers think.With all respect,shareholders wiped out pure and simple.
