GREY:RNKLF - Post by User
Post by
JeremyBauherkon Dec 13, 2018 12:45pm
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Post# 29110693
There will always be crooked companies...
There will always be crooked companies......in all industries that get so caught up with their dubious methods that they do not contemplate being found out. But I am not convinced that anyone in the mineral resource industry would ever again make attempts at anything that equates to BRE-X. BRE-X was most criminal and companies in this industry are not so lacking in wisdom as to ignore that the scandal has not been forgotten. Sure, there will always be some form of embellishment as to the projecting of future potential gold quantities when a discovery is first made public, but since when is hype inducing mgmts not par for the course? If RNX's discovery, beyond what we already know, turns out to be a wash, so be it, but I will not bring myself to be hooked to the extent where the risk taken was too massive for whatever prospective reward.