Stellar AfricaGold Inc V.SPX

Insider bought today

[SStoktikk]

They should be ashamed, I bought more than that, show some back bone and pick up a few million to get some attention on this thing,it's ridiculous for a company with what looks like some upcoming exploration in two hot jurisdictions and year round exploration seasons, Canada is hot with safe , sound, stable exploration environment but come October,November the winter stops it dead for 90% of the companies.Early , snowy winter this year.

[jeep91]

It doesn't help that there is always someone willingto sell for less or that there is over 200,000 on the ask.  These are the traders who sell at every oportunity and run with their little bags of money gleefully into the hills only to losei t on something else.   Instant gratification, probram trading, selling into news.....all these combine into halting the stocks progress

[SStoktikk]

I was just wondering if these guys have a bad reputation in the industry or there's something else in the closet that I haven't seen doing my due diligence, how is it that at .06 cents it's such a dog,not many shares out,money in the bank according to their presentation , two potential properties in relatively safe jurisdictions,what is up or should I say down with this group ?

[jeep91]

Nothing that I have heard of....Cumming is well respected in his industry....keeps shareholders well informed about the company......not so well informed as to what the $ 18,0000.00 per month for promotion is getting us. This is just one of hundreds of companies in the precious metals resource field.....money is tight for investors due to the current Covid....it's the summer doldrums....there

[SStoktikk]

Are you kidding,I have never seen so much money flying around in the exploration gig, all these companies pick up 10 million dollar deals and private placements,its absolutely a frenzy, most of the guys I work with are all playing several explorers at a time, no COVID freeze there.Ive been holding this thing for close to a year now due to what the potential was cause it was way under the radar

[jeep91]

Believe what you want Pal. If you are not satisfied...get rid of it instead of complaining.

[Investmine21]

the 18,000k is no longer applicable, they dissociated themselves from this company ..!

[SStoktikk]

Thank you,good to hear.Tidbit, Sprott is financing a company doing exploration in Morocco.His web spreads wide.

[jeep91]

Where is the release that clearly states that....thanks.

[jeep91]

With respect to the latest post...I was not referring to the insider buy....but to I"nvestmine21" about the dissociaton from the promotion company.  I must have missed when that was reported and would like to be directed to  the actual release. Thanks

[Investmine21]

Jeep this is the response that management gave me when I contacted them!  if you don't think so contact them

[jeep91]

I will have to because there is nothing that I can see about that on theri website.   Nothing on previouse Stockwatch releases either. Odd why they would not put that out because $ 216,000.00 a year is a decent size expense, especially when no one has actually heard what this company was doing for that sum.