I am only laying out the facts. This managment was under investigation for fraud and sanctioned by the BCSC. They pumped the bejesus out of the near Teck play - told everyone about delays due to drilling near Indian sacred ground and once the drills started - proved up dusters. But the pump was vicious during the delays and ultimately they had to roll back inorder to bilk more sheep with a PP. Anyone in that dog lost his/her behind.
When the stock was trading at
.07 from the high of
.24 I posted that they would drive this POS back to
.01 (pre-consolidation) and I was right on the money. If you think I am bashing to buy shares in this scumbag operation - think again. I lost $$$ on the last pump and am just telling anyone considering investing to think twice
Now, like every other pure spec/nearology explorer - they lease some PQ dirt announcing they are a graphite play and all you sheep jump on like silly little girls.
Understand that the graphite play will amount to nothing - as all of Poonian's ventures have - showed nothing. However he is making a very nice living off of the sheep retailers (that there seems to be no shortage of) and P&D machine that he has going.
Plenty of better sub penny plays including UBR with management that follows through on what they say.
However it is your dough to blow however you like. imo
GLTA
FT