RE: Where's the red flag here?15 Oct 2021 15:44
bmcm,
I would second what Hairy has already said.
What you are investing in here is an explorer, a company with multiple good opportunities but these are NOT discoveries or proven reserves.
PJ is a sharp cookie and has a sound proven history and contacts in this environment. He is also the holder of 75,000,000 shares which in my book is a MAJOR PLUS POINT, it shows he has faith in the company and he WILL know far more than we do! He has also stated that he intends to increase this position.
I believe that he has invested approx £500,000 of his own money. (But i'm not sure if that is factual)
One final point and I posted this a week or so ago, and it is worth bearing in mind ,
"People need to be careful with any explorer but if you can "park" a few quid and sit back and not overly worry I think this is a good bet. I will increase my position when my finances allow."