- It's remote. Remote is always expensive. Previous owners transported the ore some 540 kilometers(!) for treatment.
- It's oxide. Oxide sucks and needs special processing in a so called Waelz Kiln. That's expensive.
- It's tiny. The historical resource is ~1 Mt and their target is 1.5-2 Mt! I mean WTF?? That's just pathetic! No major (or mid-tier or minor or whatever) will never, ever be interested in that. So, what's gonna drive the share price? Their own big profits and dividend to the shareholders? Yeah right...
- It's a Gecko Research pump&dump. Gecko are cheap posers and losers and sucks big time.
onsdag 31 maj 2017
Why you should NEVER buy Zinc One
Upplagd av ColdTurkey kl. 08:22