GREY:ALXDF - Post by User
Comment by
Shylockon Jun 06, 2018 9:56pm
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Post# 28136858
RE:RE:RE:Smart is looking for a better investment
RE:RE:RE:Smart is looking for a better investment Schmoby - I feel your pain and believe me it is shared with many others but having 'played' with these junior gold explorers for almost four decades I have learned to expect one like this to come along periodically regardless of how much research and due diligence I do and I did plenty with this one. Even so, I was fooled. But when something like this knocks you on your derriere you should not stay down, boy, you should get right up again and unemotionally take stock of the situation. You first have to decide whether it is potentially salvageable or whether it is not. I believe strongly that it is. The whole problem here was a crooked CEO who was clever enough to fool even the Board. There is no shame in that for shareholders. You have to face the fact that the world is not made up of uniformly nice and honest folks. There are the EOs of the world and they are not confined to the junior gold exploration universe. I believe EO's departure totally and entirely is a given now and I like the "New Direction" stance of the company. As I said earlier, they still have the same properties and much has not been explored. Exploring without dilution is just what we need. I do not know another junior gold that is this cheap yet has this degree of potential. And if you do, please tell us. For that reason I am not only hanging on to my share tranche, I am going to increase it into strength. Until then, my current shares are a 'hold' but the day this one starts back up is the day I will increase my stake.