ELE 0.00% 0.5¢ elmore ltd

Ann: Indian Operations Update - Modified Mining P, page-25

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  1. 582 Posts.
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    re: Ann: Indian Operations Update - Modified ... Hi Rich

    After holding, and still holding, for over 3 years I have come to the realisation that this company is a piece of crap!!!!

    The have achieved nothing and dont look like they will achieve anything soon! Same old announcement put out for the last 2 years regarding the 3rd mine just a different date on it.

    Then the benefication plant. How are they going to pay for it?? Their cash burn is $1 million a quarter and pretty soon there is going to be a cap raising!!

    Back to 4 cents we go. The hype of last month was the new exec they hired buying in before the announcement was made IMO..
    nothing else is going on and nothing has gone on for 21 months. Just overpaid exec (I was going to put in a word beginning with w and rhyming with tankers, but I dont want to get suspended again) lining their pockets.

    This stock is a DOOOOOOGGGGGGGGGGG!!!!!!!!!!!!!!

    Joe
 
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