Post by
goldopahead on Jun 03, 2021 2:21pm
What is your stomach for risk?
Cruz is a mystery in some respects. But an exploration company is always a high risk proposition. Any investor must weigh his risks verse profit potential. And for companies like CRUZ, the risks are many which is involved in Cobalt and Lithium exploration.
All such companies carry the risk that they will run out of money before they hit the mother lode. Further, there is the underlying risk of the price of their target mineral. Add in the management team, acts of god, geopolitical risk, and perhaps very negative environmental impact study etc. then you know you are in a real poker game. That is the nature of the beast.
Neophytes and PollyAnnas often get burnt. This may be viewed as the cost of initiation.
take care
rwmccoy
Comment by
ErinBrockovich on Jun 04, 2021 9:06am
That does not change the fact that this company is a garbage play. So many promising and legitimite plays out there that are better on the venture. This company is a known pump and dump.