GREY:GMFLF - Post by User
Comment by
HCallahann44on Aug 07, 2013 3:40pm
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
230 Views
Post# 21655001
RE:RE:RE:RE:EPZ
RE:RE:RE:RE:EPZthanks Simoner....but would you mind telling us why you think Global Minerals is extremely undervalued. If it was wouldnt Sprott be buying instead of selling??The broker I talked to at Sprott made it sound like they wouldnt touch this with a ten foot pole. We will have to raise a ton of cash to put this mine into operation....where is that cash going to come from??? With the price of silver tumbling every day...this impressive resource gets less impressive. Never mind the country risk...I have friends from Slovakia...they say its totally corrupt. Whats to stop the Government from imposing new taxes or restrictions after the mine gets fully built out and ready for production....Look what just happened with Lydian. The broker at Sprott told me they were bag holders on that one. And what about an unexpected flood like the one that just crushed Colossus stock price. I was stupid to buy this loser ...I did so based on ounces in the ground, exisitng infrastructure...the possiblity that the resource would expand...and the fact that some smart money seemed lined up behind it. I have come to beleive that Brent Cook and Rick Rule arent all that darn smart......everything they have recommended recently ends up in the toiliet.....They recommend something highly one month ....Belo Sun Mining ...for example then sell the very next month....I am done investing in mining stocks....too many things can go wrong...and apparently worldwide money printing can go on forever.....