The whole industry is corrupt , all the geos that write JORC...

  1. 33,257 Posts.
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    The whole industry is corrupt , all the geos that write JORC reports on deposits and when going into production the ore undercalls on the ROM pad ,
    all the bot trading of shares of one share at a time at the end of trade day for 1/2 a cent to drop the market cap of a company by Millions of dollars so speculators can buy cheap shares the next day ,
    all the soft options given to directors who are in M&A with take over companies ,
    The same Directors that collude together on multiple companies and make decisions inhouse at the expense of retail shareholders who they are suppose to be representing .

    Why do they do it ? Because they know ASIC will not prosecute them or if it does will just give them a slap on the wrist with a wet bus ticket .
 
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