RE: The old sayings always apply.14 Jun 2019 13:42
It's not contentious James.... and cant be countered with facts at the moment. The truth is, if you are looking for an explorer turning miner in any commodity, at this stage of the game (no permits or assessments granted and only their resource estimate as collateral, which they wont sell because they want to exploit it) who cant be dissected and shown to be "a punt" then I'm afraid you will be looking a long time...
This is a bet for us all, with many hurdles to cross, finance being only one of them.
I'm still happy with my investment risk.... and for my standards I have a lot invested (nowhere near the GFD club though). I'd urge anyone to continually review their risks.....(as an example, I did a year ago and avoided losing my shirt on AST)...