It is truely a sad day for the junior gold sector when with gold trading at A$2,000/oz results like these are met on discussion forums with a few lonely parodies. The greed and incompetence of the industry, together with the banksters who have manipulated the gold market for years (suppressing every gold rally since they shorted the hell out of the tail of the last gold bull run 2013) has destroyed something that has been a hallmark of this State since its earliest colonial times.
The parody of Amand Jones is particular fitting to this company as IAU literally sold the farm to take up pick and shovel in the outback of WA, selling 577,680 tonnes of copper in the ground (worth US$3.4 billion at today's copper price) for $5 million. The whole story of that copper project and what happened to the zinc project in Burkina Faso should be made into an educational video for new investors interested in entering the junior mining and exploration sector. Once the video concludes people will have learnt to put their wallets back into their pockets. Esh
A1M Price at posting:
38.5¢ Sentiment: Hold Disclosure: Held
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