By Otto Rock
Remember this post back on November 20th? The one pointing out the New Way Of Doing Business in the junior world by bamboozling a bunch of idiots with more money than sense. Garibaldi (GGI.v) had set the ball rolling Back on November 20th and here’s how it worked, according to the post that day:
1) Quietly talk up drilling results as they happen. “Hey there, I’ve heard that…”
2) Get the dumbass end of the mining world vomiting in chatrooms about the “next Voisey’s” or whatever other phrase to get the circlejerk underway
3) Release a cherrypicked photo or two. Fapfest
4) Stoke up the tension for weeks. Fappity fappity
5) Run a placement and fill coffers. Ka-Ching!
6) Finally release an assay that doesn’t live up to the hype. Oh.
7) Keep em hanging on with “Not our fault it’s cold in the winter, next year gonna be (etc)”.
In that post we then noted how New Nadina (NNA.v) had taken up the challenge. At that time they’d checked off the first three, numbers four and five were in progress, six and seven labelled “coming soon”. Here we are just 40 days later and we’re up to point six already. They stoked the tension, they filled coffers via a placement and last night (the freakin’ night of a long weekend Friday, fercryinoutloud!) the cold dose of reality hit:
“From 663.35 to 809.35m (145.98m total including 13m of barren dykes) the average metal values are 8.0 g/t Ag, 0.10 g/t Au, and 0.06% Cu.”
Yup, it seems as all those photos don’t count for excrement after all….who knew assays occasionally fail to live up to expectations? WHO KNEW???
LET US BE CLEAR: This is a scam and it is being run at you by liars and thieves. Even the most stupid (or “forgiving” if you insist on being utterly naive) among this audience has to acknowledge that sneaking this type of megafail assay NR in late night Friday December 29th is its own message.
By the way, on the day of that original post Garibaldi (GGI.v) had just dumped 20% on receipt of crappy drill results and was a $3.95 stock at the close. Today it’s another 37.7% lower at $2.46. Hey GGI True Believer dumbasses…just sayin’.Subscribe to NFTRH Premium for an in-depth weekly market report, interim updates and NFTRH+ chart and trade ideas; or the free eLetter for an introduction to our work. You can also keep up to date with plenty of actionable public content at NFTRH.com. Or follow via Twitter @BiiwiiNFTRH, StockTwits or RSS. Also check out the quality market writers at Biiwii.com.