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gitreal

04/08/24 1:48 AM

#104606 RE: motleytool #104605

Well, maybe you're right. I hadn't looked at his older posts. It just seemed odd to me that someone professing to be an engineer would be so easily taken in by the AABB scam, despite all the red flags. Perhaps he is yet another example of an otherwise intelligent, analytical person allowing their financial losses to blind them to the facts. Or perhaps I am over-estimating how intelligent the average engineer is.....pretty much every mining engineer or civil engineer I have worked with over the years has been a pretty sharp guy (or gal). And I can't imagine any of them investing in the silly stories that AABB has spewed out over the years.

There's another guy that posted on ST today or maybe yesterday who claims to be in the mining business, and posted pictures of a quarrying operation he worked at. A quarrying operation is not comparable to precious metals mining/processing. In a quarrying operation, most of what they mine is turned into a saleable product and tailings are a completely different issue than in minerals mining world. 99.99% of a precious metals operation ends up as waste - either in a waste dump, or in tailings. And the waste products are usually toxic (heavy metals, acidic, etc.) unlike in a quarrying operation.

Wow, averaging down from February 2021? OUCH. I wonder how low he'll go....at this point, he might as well ride it to zero.