MKG 6.67% 1.4¢ mako gold limited

Yes. I wish they did do that. Instead they are tapping on retail...

  1. 2,778 Posts.
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    Yes. I wish they did do that. Instead they are tapping on retail holders who want to invest their money and get some returns. They sell a story and people put the money in believing in the story. Multi million ounce gold potential, next to TIE, etc. etc. If they tell the public that they exist to pay employees in another country, I doubt they can get much interest from retail suckers.

    If they can't find gold it's all good but they keep over selling the results and raising more money at such ridiculous levels. 20c IPO to 1c, seems like they lost credibility.

    Just remembered the manganese chip results. They were over 20% and I think they raised money the following day. Once they finished with the drilling, the results were more like 10%. May be the initial random sampling wasn't so random? They started doing another rock chip sampling after they got the drilling results!


 
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