JKA 0.00% 0.3¢ jacka resources limited

Ann: $520,000 Convertible Note Subscription Secured, page-11

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  1. 4,082 Posts.
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    Hi Valve,

    Gotta feeling why my earlier posts were deleted. Apologies mods for the imprudent wording. So this is what we have
    The last year and a half the company have found exactly squat, nothing nada, zilch zero.
    A quick look at quarterly's can show with the exception of a few words here and there they are cut and paste jobs
    Phone conversations are we have narrowed it down to 3 or 4 while other speccies are finding great project acquisitions???????????????
    A sceptic would think the $500,000 would be to keep the lights on and enjoy the benefits of $500,000 for another year of achieving what exactly? Not bad coin if you can get it.
    Thankfully the corporate watchdog (after many years) is looking into companies that continually ask for money while current shareholders are seeing zero return on their investment.
    I certainly hope that I am wrong and jka find a worthy project. However, past performance certainly indicates to me that this will not happen.
    If I am wrong, I will be the first to ring the company and eat humble pie and a heartfelt thank you that our hard earned money hasn't been wasted. If I am wrong that is.

    DD

 
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