IGS 0.00% 0.3¢ international goldfields limited...

This is from the CTR threads posted by bmloho But looking at the...

  1. 2,515 Posts.
    This is from the CTR threads posted by bmloho

    But looking at the posts and seeing the Flegg/OKAP connection I think it is timely to repost it here.

    "Those that have been involved in any of the associated stocks will recognize the "Pass the parcel, c-note, placements, debt instrument, asset" method of funding.

    The same people keep bobbing up everywhere.

    Here is the formula:

    They announce the acquisition of a major asset or package of marginal assets from a well masked associate. The asset/s are valued a some unbelievable figures, and they have got it at a really good price (honest).

    They buy a company that owns the asset, not the asset directly otherwise vendor restrictions would have to apply to the issue of shares.

    They headline a big CR placement at a discount.

    Massive facilitation fees and options.

    Generate the forum hype with a few well placed bonus stock believers,

    Dump the stock on market.

    On and on it goes, 10 for 1 reconstruction, 100 for 1 reconstruction, raise money, dump stock, raise money, dump stock.

    Get the drift.

    They blame the GFC, Coal Price, Oil Price, Silver Price and the mother in-law.

    The only problem they have a the moment is getting new money into the system, the market is dead, and enough people are starting to listen to people like kiwi67.

    Cheers "

    If only shareholders had seen that advice at CCC and NKP +CTR when the ramping started.

    RB
 
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