3 Major Risks With MooncorWell it seems the SH Bullbaord Promo is in high gear. Many pumpers trying to convince readers what a great "investment" Mooncor is, when in fact it is merely a good trade. Just watch you don't get stuck with shares when this mooves into the 'dump' stage.
As for the High Risks associated with owning Mooncor as an investment, compared to just a trader, IMO, there are several, but I'd like to highlight 3:
1/ First of all, Mooncor has very little money in the bank. They were able to raise a little over $350,000 recently using FlowThrough shares, nonetheless, at a unit price of 9 cents. Not what one would call a successful fund raising, even with the current financial mess. Not having sufficient funds is a big risk, and a gamble an investor is taking by buying MOO shares, IMO;
2/ The second big risk an investor is taking here, is not accepting the fact that Mooncor's lands may not actually be anywhere near the Horn River Basin, as the Bullboard Promo team would like for you to believe. Gambling on a chance that the company may have bought leases in a prolific area is just that..........A Gamble;
3/ Let's just assume for a moment, that Mooncor was lucky enough to beat out other deep pocketted companies, and was actually able to buy leases in and around the Horn River Basin. It's a long shot, but let's just assume they were actually that lucky. They now need to raise money to driil exploration wells. Let's say they do. What are the chances they encounter economic gas flows????
My point is, there are way too many variables here that are being assumed by the Bullboard Promoters. You guys go ahead and take your chances. Just be careful not to be the last man holding. JMHO