SPR 3.74% 97.0¢ spartan resources limited

Ann: Dalgaranga Construction Update - 2 Months to First Gold, page-21

  1. 18,250 Posts.
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    Lobon I used to hold a company called Empire that I bought into on sketchy research ... media articles, rampers on the thread and the company’s announcements ......... they just had to move a road and the gold would come .
    There was delay after delay . When the price fell I called the company and spoke at length to a charming geologist.... I bought more on the strength of that conversation .... then more.
    A long time later after more delays and hype I started to do some real research into company’s background and long history.
    I became more and more disturbed and finally dumped my shares at the lowest price it had ever been simply because I didn’t want to be associated with the Management.
    It went lower . ....
    .In regards KIN; when I was housebound the other weekend I ended up doing even more research on Empire after I was triggered by an enthusiastic but trusting sounding poster there when I happened by.
    I published part of it in a few posts on Hot Copper and sold out of KIN next day.
    A secretary there was part of a the original management of Brimstone a private company connected to Empire.

    I don’t know what kind of trader you are or what you look for but it might be worth investigating directors backgrounds very throughly . Just a whiff of Brimstone was enough me off... but the rest of them might be fantastic.

    Anyway enough ranting about the different personalities behind other gold companies.
    NRW is behind Gascoyne and well under way according to this article https://www.australianmining.com.au/news/dalgaranga-two-months-gold-production/
    They already have four excavators and 18 trucks working the sites.
    Last edited by sabine: 20/03/18
 
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