|From My perspective putting money in Junior exploration stocksis NOT investing but rather speculative gambling. basically giving money to someone you really do not know so they can chase an idea. Which is based on guess work. No firm grounds or guarantee it is even a good one and historical evidence reveals 90% of people who promoted similar programs in the past 100 years failed to produce a mine-able resource. Not good odds. Like giving your money to a stranger who is going to Las Vegas. tell them just pump it into a the slot of your choice. and we'll split the profits. if you do not win. you will still take your travel expenses and a wagge for going. And I agree if you loose it all I will be the one who takes the biggest portion if not all of the loss. with no recource or legal means of ever getting my money back . If you over spend or loose it all due to foolish mistakes or mis judgment in decisions made without my permission you will not be liable and continue to be paid. Should you run out of money just out notice via a fund raising Placement order you need more and I will front further funds for you to play with. All you are legally responsible for is to tell me nice stories of the best your journey and more about potential winning. if you fail to report regularly I will grumble but exept and understand you are busy and as I went into this agreement with eyes wide open as an adult you should not have to baby sit me. I also agree, If I loose all of the money I gave you it is not your fault as I could have left the partnership earlier and salvaged at least a bit. But I chose not to because you told such beautiful convincing hypothetical stories and I blindly believed them.|
ON the other hand investing in my books is backed by factual successes Tack record, already known valuable hard assets regular debt and operational cost reports showing a sufficient ongoing revenue stream to cover the expenses and still have some left over to pay down outstanding debt plus pay me interest on the money I have placed in your hands in the form of a dividend. just appears to be less risk my prefferred investing style
Yes tell me what the EBITDA <Return on the investment(ROI), Earnings growth, return on equity so I can calculate how my portion is doing include market swing effects in order for me to verify for myself if you are really up to date or simply spinning a yarn trying to pull the wool over my eyes.
Junior venture stocks trading venues not in my opinion investment creteria yet stocks which meet fundamental investment qualification may still be traded. and I might add with far more predictability and safety. What you think? Caqndidates ?