by Bob Bogart
Want to trust your town to a company headed straight down while the underlying value of their “product” is heading straight up?
Ask yourself why gold has more than doubled in 5 years and the value of Emgold has fallen by 96%?
Ask yourself, if this project is going to be so wonderful, why do no investors want to get in on the good deal? To get more money to pay their salaries, Emgold has had to resort to more and more questionable stock manipulations which have been unanamously rejected by the marketplace. And no it is not because there are a couple of enviros trying to talk some sense into the community. It is because the underlying assumptions about this project are bogus.
Grass Valley should buy gold futures and send Emgold back to Canada. We would be a lot better off.
Gold Price chart provided by goldprice.org