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0.00% 1.7¢ golden state resources limited

lifeboats, page-17

  1. tcf
    6,861 Posts.
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    09/08/10
    15:29
    Post #: 6998329
    There are a few hundred explores and other companies in the same boat.

    Directors of most of these type of companies are worth millions. Why do they do it? Because they use your money - not theirs. No risk that way.

    Moral of the story. Start an exploration company and sell a good story, endlessly changing commodities so that you can ramp your SP from titme to time. Nice but nothing new.
    GDN Price at posting: 5.6¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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