Re: "make money by loosing money" ??? : nothing more than folk-lore !
posted on
Jan 05, 2011 08:37PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Indeed. No one invests 3.7M to loose it. Certainly some year end tax concessions as part of the motivation, but there is obviously some solid belief in the company and the investment. You also have to wonder what buying 7,000,000 shares on the open market would have done to the share price.
L