Ann: POSCO Downstream Joint Venture Transaction Completed, page-36

They are going to hype-up the pre-producers for their pump & dump. They can always downgrade those companies at whim if they've eaten their fill and spat out the bones. They are reticent to over-inflated the producers because they want their long-term fill.

correct me if I'm wrong but. and using pretty simple numbers.

I buy shares each in 5 companies.

A. a strong leader at 10c per share. 100000 shares $10000. and in 5 years from now it is $500000
B. a speculative company at 2c per share. Buy 500000 shares $10000. and in 7 years it is worth $200000
C. a speculative company at 5c per share. Buy 200000 shares $10000. and it goes bust.
D. a fast climber at $1 per share. Buy 20000 shares. $20000 in 4 years it is $8 per share. $160000
E. a fast climber at $1 per share Buy 20000 shares. $20000. It only doubles in price. $40000.

I guess the spec mines are attractive now riding on the coat-tails of the established producers. The market will be there when/if they ever produce. It's a better odds bet to buy it cheap and risk failure if you have a producer up your sleeve as well and TIME. Mr Market also can pull down the SP of the established producers (up to a point in time) and the specs (and watch for signs by BOD decisions whether its a goer or a dump quick)

my two cents.DYOR and GL