RE:MUSK WHO IS THE LUCKY DAWG WHO GOT THOSE @.02? I AM ENVIOUS The stock is junk
Management is junk.
The company just finished drilling on the Elon property and found nothing. In spots that they drilled, they had to drill half a football field before they hit bedrock. How stupid is that, this is after the May 16th release that they were doing drilling in an area, but we're clueless of the depth of the bedrock. What a waste of investor money.
if you look at all their press releases they always say "we're pleased to announce ". Not in the last press release, as there is nothing there.
Of the 232 samples being sent for further analysis, 6 are being sent for lithium. Again what a waste of investor money. Bad management, no wonder the stock is trading at 2 cents.
You can pump this stock as much as you want and say Bulls and Bears, but it's Junk and Cr@p. Can hardly wait for the next press release when they'll do more airborne surveys.
Private placement coming at 2 cents, more dilution.