defplayer you ask valid questions but imo direct them at the wrong rungs on the ladder.
start at the top. What we have seen is MK trying to capitalise on the mini gold boom. It started off with a bang and the likes of CRE, MON and others raced through and bought up assets and sold the flase hopes that the new gold rush was here but the train was leaving the station. jump on and jump on now.
As we know, there has been a BIG lull in between, gold hasn't taken off yet wages and oil has continued upwards.
What these pump and dump style managers do is make every post look like a winner, they hand pick what information to put out there, they only drill the most prospective areas and they forget to inform you of the big holes in between. They stretch and stretch and stretch the truth until they can sell the story and an overinflated premium. Sometimes it pays off but when the *** hits the fan and things out of their control catch up with them, ie funding, rising costs, they are exposed.
MON Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held