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8/15/13

More Candente Copper (DNT.to)

And as long as things like this keep happening...


...you can 100% sure that the Canadian capital markets have yet to flush out all the idiots from its ranks.

aka, "I have a wonderful idea! I'm going to invest in a copper exploration company with no money and a project that doesn't have a snowball's chance in hell of ever becoming a mine or being sold on to a major. I'm going to invest my money at a price highly inflated to the current market average because a) gold just went up 2% b) they've drilled there a lot, found a big copper deposit and the corporate presentation looked really good and above all c) some guy on a bullboard told me it was cheap."

aka, you gringos really will buy anything, won't you?