Post by
mattbigham on Nov 26, 2009 9:56am
Biggest joke on the exchange
Sorry for your loss ,Ernie but I think you will eventually get bailed out on this one.
Million oz,district play,spinning out assets,surrounded by deposits and infrastructure ready capable.
Short term you can lose some but not long term,I figure.
Anyways here are some candidates I have held or conscidered holding that could rank as a bigger joke:
IRK.V-promised a spin-out never happened.Shares dropped to a penny.15:1 rollback announced.Nice one.
EXM.V-gone.So much for nice guy senior partners-Hochschild.Ughhh.
CNU.V-gone.I really disliked that one-thanks FVI.V.Maybe Fortuna should rename as Silver Predator Inc..
MTR.V -disappeared.Holding at a penny but no idea why.
I have other holdings I am still down 90% on but they have some hope for a revival.
BVG attracts capital,drills and expands.Unfortunately,so are their shares outstanding.
I am hoping the latest dilutions were to allow friends and family in before A sale,but I am not certain of that.
Other juniiors have done exactly that before a sale,however.
If not the shares outstanding are becoming excessively dilutive.