If I recall correctly, Hartley Poynton did some glowing research for Preston Resources (PSR) prior to PSR commencing its Bulong nickel operation in about 1999.
Preston Resources has now been suspended for over 3 years. If it does manage to relist it will have fallen from around $1.00 at the time of brokers' recommnedations to around 2 or 3c.
In hindsight, it pays to be very cautious of brokers' valuations (particularly if the broker has been involved in capital raisings for the recommended company).
Ajax
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