GREY:DULMF - Post by User
Post by
materialsgirlon Sep 13, 2014 9:33am
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Post# 22933234
what people say versus the whole truth
what people say versus the whole truthConn;
Spin doctoring is part of business. Nearly always press releases and commentaries speak the truth. But as you know they never reveal the whole truth.
Seasoned investors know this and are not fooled.
Whenever you see amazing numbers you always must fill in the blanks. Amongst them are; safety of jurisdiction, taxation and royalties, complexity of geology, permitting risk due to local salmon or fresh water, timeline to mining, required capital expenditures, certainty of title and other various factors.
The hype from 2012 seemed to be true in what it said. It did not say that investors have a one to twenty four month horizon and that this deposit would need 8 years before cash flow.
We must always be suspicious of any kind of hype from all companies. Always ask "what are they not saying"
mat