RE: Major dilution is comingI have paid an expensive tuition at SLT. I don’t have to explain to you because you, actually are very clear at the bottom of your heart. I have been fighting SLT basher all the way to date, and I realized the reality.
And Riddlethis, I used to respect you as SLT supporter, now you really like a 5 grade graduate yourself. Congraduations.
This is the way people make money.
Buy a piece of property close to the hot play area, doesn’t matter if the property is on the rocks or in the sea, as long as it is close to the hot play.
Boiler room starts its full function as if the treasure is really under the property.
Hold the exploration because once it is done, retail investors know something is wrong and the story will have to end.
So hold the process.
OK, we don’t have the permit, we don’t have the drill, we used the wrong size drill, wait for the assays because the lab is too busy, so many excuses.
In the mean time, the SP went from 5 cents to 60cents, insider sold everything (maybe short the shares) because they know what is in there. After the dump, SP has a free fall, then it is time to have more cheap options for next hot play- maybe buy a piece of land in India or China because they use a lot of coal and they very cheap labours.