RE:RE:Why Eco Atlantic is buying into JHI Associates That sounds pretty scary with respect to CGX. You have to be careful with all stocks on these exchanges. I owned Sprott Resource. The first version of the comapny was doing well, and then it went bankrupt with the energy crisis in 2015-2016. What was even worse is the company doubled down on all of its investments, and it had articles printed on Seeking Alpha stating the sum of the parts were worth more than the current share price. There is nothing like misleading shareholders.
Sprott recapitalizes and they buy a copper project in Chile. The project is decent, but once again the share price cratered. I saw company presentations that were conducted at the varous conferences claiming they were profitable. Apparently that is not the case, and the stock had to be renamed again to Three Valley Copper.
I bought this stock assuming the share price would rise when drilling plans were announced, and I am prepared to take a loss if necessary. I did reduce my holdings because I needed some American dollars and I had so many shares I could afford to reduce my position.
If CGX has performed so poorly in the past, I am surprised they still go by the same corporate name.