GREY:ABGFF - Post by User
Comment by
bulgaron Oct 11, 2003 1:33pm
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Post# 6514164
RE: Take A Pause to Reflect
RE: Take A Pause to ReflectAll sounds wonderfull, that's why I bought in too but it doesn't explain why when this stock was finally starting to breakout a couple of weeks ago, like almost all other juniour golds already have, they almost instantly announced a new share offering at a much lower price and pulled the market price back down. Now they announce an even larger distribution, with an ammendment to the original offering to make it even sweeter for the insiders,at an even lower price! They may be building a mine and a mining company but it is being done by ripping off the stock owners. It's quickly turning into just another Vancouver penny stock scam. Sorry to write it but compared to the behaviour of nearly every small gold play I own this one has been behaving very strangely, and not in a positive manner. If they were truely concerned about building value they would have let the price run UP before the offering, not try to pull it DOWN before an even bigger offering.
I also doubt that you have been in contact with them every week, all we ever get is "we will call you back" and it never happens.