CLZ classic minerals ltd

AuResources advance 1st payment, page-179

  1. 4,014 Posts.
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    Makethetrade , I have thought about what you have said. I believe you have given good and correct advice, and I thank you for that. I am fully aware that we won't be seeing any of our money again . But I and others here , expended a considerable effort, in explaining to people, what we believed was the exact nature of this company. We explained that any money given to them was foley . For example, we saw people talking about 'averaging down'. We talked about the' mirage', the company created. For as soon as you reach the top of the hill, the oasis moves to the next hill.

    I believe many listened, usually after they had been burned again. The company's strategy has come from many years of experience in the stock market. I don't know if you are familiar with the slang term 'Jipper' I believe it refers to someone who rips money off people usually using trickery.
    It is the decision of those who read here, as to whether they listen or not. Many have said it was good advice and thanked us for taking the time to give it.
    I would like to think we have affected their operation & judging by Garth's writings, this looks apparent.
    The specs are often referred to as 'penny dreadfuls'. Some companies are fully aware of what they can get away with and take full advantage of investors' gullibility: Many investors are prepared to sacrifice the security and preservation of capital for the buzz of the hunt & the fast buck.

    The mercinary nature of these people was too much to bear when it was so blatantly obvious what they were doing. The recent poor performance of the capital raise has given some encouragement for our efforts.
 
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