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10/26/17

Catching up with Rick Rule and Amir Adnani's "Selling Snake Oil To Idiots" series

Back in mid-July, we covered the two part conversation between Amir Adnani (of GOLD.v and UEC) Rick Rule (of everywhere). They called part one "Leverage to Gold: Acquiring 'Ounces in the Ground" in which, what a shock, they thought GOLD.v was a great buy and part two "How To Play The Next Uranium Bull Market" in which, another shockah, UEC was plat du jour. As noted at the time, IKN's alternative titles were far more accurate. 

So, let's see how they got on with their blatant little pumpjob:

Here's GoldMining Inc (better known as TwatMining*) (GOLD.v) from then to now:
So, 17% down in three-and-a-bit months. I suppose if you liked at at $1.68 you gotta love it at $1.39, right? And here's Uranium Energy Corp (UEC), same period:

Oh, just the 35% down guys? Hey, here's hoping you thought about taking a few coins off the table during that...errr..."liquidity event" back then.



*We remind our esteemed readership of this edition of "Mining PRs and the Ottotrans", which included the following NR translation:
VANCOUVER , Dec. 5, 2016 /CNW/ - Brazil Resources Inc. (the "Company" or "Brazil Resources") (TSX-V: BRI; OTCQX: BRIZF) is pleased to announce that its board of directors has approved a change of its name to "TwatMining Inc.", effective December 6, 2016 , in order to better reflect its existing business. The Company also announces that it will concurrently complete a continuation (the "Continuation") under the Canada Business Corporations Act (the "CBCA").
Chairman of the Board, Amir Adnani , stated: "We are pleased to change the name of the Company to TwatMining Inc. to better reflect the type of person we wish to attract as a shareholder."
The Company's common shares are expected to commence trading on the TSX Venture Exchange (the "TSX-V") under the new symbol "TWAT" and on the OTCQX International market (the "OTCQX") under the new symbol "TWTLF" on December 7, 2016 .  The Company expects that on the same date its listed warrants will commence trading on the TSX-V under the new symbol "TWAT.WTF" and on the OTCQX under the new symbol "TWTWTF". 

Thank you for your attention.