Post by
BMW4FUN on Sep 29, 2012 11:26am
The Reason No Updates
I have never seen anything like this before with junior mining stocks. Gold goes up and juniors are staggnant, when gold prices were low there was a mining boom, what gives??? A friend of mine is trying to get funding for an IPO for his newly created gold company called New Moon Minerals, he was the President of King Bay's Gold. No investment dealers are willing to invest any money for his start up. He has good potential properties but that does not matter! And all the junior's are in the same boat. I own four of them and they have all dropped substantially and non of them are updating anything. How can they there is nothing to update, they have no money and they are sitting doing nothing!
Comment by
Kermiethefrog on Sep 30, 2012 3:55pm
I agree. There would be some benefit, though, even if just trying to instill some investor confidence in telling us if they were even trying to put some other kind of deal together or investigating other properties. KTF