Hey Bos , i'm not naive , it's just that if every penny stock was relient on their next door neighbour 's results , there would probably be about 10 penny stocks on the ASX. They would all be in liquidation.The hit/ miss ratio always favours the miss . Having said that, all the penny stocks in the Fraser range area in WA , are riding on the back of one big discovery a couple of years ago .
From what i've read Alaska is loaded with oil , it's a matter of knowing where the hell it is.
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