1 Outstanding SEC charges against both the company and past and present employees. (no penalties asked from GE, different property, but a concern of course)
2 the recent trading halt for publishing false and misleading info. (don't know where you got the "false and misleading from", your words?)
3 questionable claims of having the largest gold find in the world. (of course, but GE has never said "largest" SI posters have)
4 the claims in the report supporting item 3 were contained in a report no one has seen
in full but the SEC believes is questionable. (SEC has seen it, and it would have been part of the 8k, read the 8k again for the explanation)
5 from what little we have heard of the methodology used in the report it is highly
questionable. (yup, supposedly)
6 no third party verification or chain of custody on the samples.
(do we know about the chain of custody, I'm not so sure)
7 the company is dead broke and faces major dilution. (broke yes, major dilution???? I guess it depends on what you call major)
8 it is trading on the pink sheets. (definitely a pain in the butt)
9 incredible internet hype. (yup, but the opposite as well)
10 the company itself admits it does not have the experience needed to manage the project. (and they've said that for some time)
11 the company itself has advised extreme caution. (TT is constantly saying that, and full of warnings)
So be cautious, what's the big deal here? You place a bet, or you don't. Anyone that bets more than they can afford is a fool.
Jim, looking at 50 and wondering what comes next. |
