RE: RE: RE: RE: Christmas in April Frankly, if this one goes sour, then I for one am out of miners and penny stocks for good. Some of the signs you are getting done over:
- BOD and executives draw big paycheques but company never does anything
- Financing arrangements that sell off major chunks of shares for under current market price
- An apparently good resource but complete failure either to market it or find a way to transport it
- Flip-flopping on what the business actually does (we mine gold, no copper, no, we build windmills)
- Mine posting revenue by selling infrastructure
The list could go on and on, but my point is that thus far, Wolfe has done NONE of these things (alright, I'm sure they issued lots of cheap shares early on, but they are certainly keeping a lid on it now, and every company has to raise money somehow). Instead, we see the opposite of all these things, some of the best management I've seen in a junior, a good story, a good resource, and a good offtake agreement, production capability is being built, mine is already there, transportation not an issue, market not an issue. If this one flops, then you might as well just put your money into lottery tickets, because to me, it would indicate that there is no rational way to pick a stock.
Even then, unlike some folks, I'm not going to waste time telling you not to buy stocks, but I'm afraid I would have to stop buying them myself... Meanwhile, I have another order in today at .29. If they want to sell for that price, I'm willing to buy. Like some others here, I only wish I had the cash to buy more.