Amateur share dealers18 Jun 2020 09:38
Look, let’s forget CNR and learn about buying n selling shares.
Here’s some aspects I feel isaspension and co need to learn fast or they will get burnt everytime.
Brokers: 99% of the time they act on behalf of the Compsny , have links to the company and get paid by the company to PROMOTE the STOCK to people like me and you to buy hence the price goes up.
There’s soo many stocks with valuations 10x their current price that brokers have put on them so understand that brokers are the biggest part of a PUMP and DUMP in general stocks and ARE NOT YOUR FRIENDS.
CEO- his job is to run the company with the help of theBOD and has his OWN interests as heart FIRST. Aim is to succeed at making the company profitable etc etc yet also keeping investors attracted at all time’s - so in MC case he had to mention the toll AGAIN to get you guys excited ..... let me tell you something ...... if only you guys were around when he mentioned “B2 GOLD TESTED OUR SAMPLES from 2 DIFFERENT areas and RECOVERY was 98 % “
Yes he says that numerous time’s on presentations .... we were all struggling to breathe after that thinking wow this is going to blow Especially with B2 having plenty of capacity to process our ore .... what happened next ? There wS another fundraise and B2 sold off their plants to Calibre.
Look guys, he’s spent 10-12 years getting to here .... he’s not giving 50% good profits to anyone. He wants to do it himself. He’s at the age where he will probably retire after this, I just want you guys to wake up here, it’s not as easy as reading a valuation report and buying. There’s so much more to that.
Good luck. Hope the above has knocked some basics in to the newbies.