History repeats with property transfer schemeFollowing information is easily accessible for everyone. Each investor is responsible for making its own risk assessment. This can be done purely based on input of a publicly traded company or one can support this by performing its own Due Dilligence (DD). Spending less than 1 hour DD can really safeguard you from making a (very) bad financial decision.
Title of last PR: Fuse Cobalt acquires 100% of Teels Marsh West Lithium Project in Mineral County Nevada
Previous owner Teels Marsh West: Nevada Energy Metals (TSXV: BFF)
Management team of Nevada Energy Metals: https://nevadaenergymetals.com/about/#team Management team of Fuse Cobalt: https://fusecobalt.com/about/our-team/ To review as a potential investor: - Same CEO
- 2 Directors the same
- Same Corporate Secretary
- 1 Advisory Board member the same
- Transfer of property from Nevada Energy Metals to Fuse Cobalt
Look at the history of this "management team" + the companies they have been part of + the sequence in time.
I'll fetch you some names of companies to help you further: - Nevada Energy Metals
- Wildcate Exploration
- LiCo Energy Metals
- Surge Exploration
- Fuse Cobalt
--> Focus on who is part of the "management team" per company.
--> Focus on property transfers (option-out --> option-in, 100% interest = 100% property?,...)
--> Focus on the roles that "management" has taken CEO, COO, CFO,...
Do you own DD before investing please.