Yes the ASX is a 'joke' sometimes. Being from the US where the markets cheat investors through large investment banks like Citi and JP.....it's no different in Australia...just easier to manipulate stocks because your enforcement system is not that 'enforceable'. In fact it is a bit of a joke to most sophisticated investors around the globe as to how easy it is to sell a line of BS on the ASX and remain a listed company. Just look at your's truly ....hasn't met any of its timelines or production guidelines...but is allowed to continue with one new publicity release after another. Take the Phase 2 for example. We have heard about this at least 3 times now through different methods of release....but each time they try to make it seem like it's a new thing. I am still waiting for $2500 per ton production costs and 17,500 tons per year. This hasn't happened and probably won't for some time....but management will continue to sell you those dreams of riches..lol
ORE Price at posting:
$4.27 Sentiment: None Disclosure: Held
