InvestorsHub Logo

jayess

06/01/18 2:22 PM

#27097 RE: jollyben #27077

patient? How about 6 years...is that patient enough. Look back through the comments here...go back 6 years and you will see the same stuff over and over. We found this...gonna take off any minute. Nope. We are selling concrete, gonna be a nice profit. Nope. We found gold here? Nope. The GRUs found gold and a lot of it...then nothing. The GRUs are up and running and producing.Nope. We won't R/S...oops R/S. We are making money by consulting and admin fees. Nope. We get a percentage of anyone getting gold from our properties. Nope. All the time diluting. Now, we found litheum, we have other stuff going on too.

Let me try to do what I tried to do for SSAB a couple of years ago. Save your money. It will just get diluted by common stock increases as they need it to finance their operations. Don't believe me, look how many times they've done it in just the last 4 years. Then look at how much their operations cost, look at their revenue. The make nothing...their last qtr was a little over 4k in revenue. That's 4,000 dollars. Look at what they get for their stock...it's a fraction of the current value and all it does is dilute your shares. It's all in their 10Q. They even talk about their plan to keep the company going. It involves finding gold as their first choice (never going to happen), then it involves dilution....and you know who pays for that don't you?

Save your money, this will be trip zeroes very soon.