No! I'am from germany INVESTOR WARNING: Watch Out For Garbage Penny Stocks Like GOLD X
If you are considering investing in gold-silver or resource penny stocks, WATCH OUT. The overwhelming majority of pink sheets or penny stocks with five letters in the ticker will never become commercial mines. Rather, the peddling of these stocks is mostly done to make money for the owners, pump, and dump websites and investors in the KNOW.
There is a stock called GOLD X that is currently being promoted. I wouldn’t buy this stock even if I were given money to purchase it. GOLD X, formerly known as Sandspring Resources, did an 8-1 reverse spilt, thus pushing its price over $2.00 on the Canadian exchange. Here is the price before the 8-1 reverse split on November 29th: