Elements of a Here are some items to watch for:
• Over hyping of positive results and exaggerated claims;
• A lack of negative results – every hole has values. Negative results indicate the extent of the
mineralized zones;
• Statements that can be interpreted in more than one way;
• The use of suspect data for purposes of deposit delineation and evaluation;
• Difficulties in seeing or getting access to the "books";
• Number of outstanding shares (anything over 30 million should be viewed with skepticism);
• Number of insiders and significant shareholders (owners of > 5% of the shares);
• Difficulty in understanding who operates the company;
• Past history of continual failure;
• Sudden share price changes for little apparent reason;
• Appeals to Greed;
• Presence of "Stooges";
• New technology such as:
o Unassayable gold;
o Nano-sized gold particles (invisible gold);
o Gold from tap water (water-soluble gold);
o Volatile gold.
I am in no way making any reference to shares I hold in AMW or it's mgmt.I saw this today,and thought it would be a good lesson for new investors