Discovering and developing the mineral wealth of Northern Ontario

Pele Mountain Resources is focused on the sustainable development of a rare earth processing center in Elliot Lake, Ontario, at the same location as its Eco Ridge Mine Rare Earth and Uranium Project.

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Message: Pele`s been producing the same BS for years

I`ve had experienced friends warn me about this company and how it "operates".If you check the chart,you`ll see just enough "pleasing news" announcements,causing short price hikes at well timed intervals in order to suck in new "investors"(suckers),then once the powers that be are payed off,it drops like a stone again.

Foolishly,several years ago i figured,hell,with China threatening the world REM supply,this well established mining site HAS to make money,so in i jumped anyway.

Other than the native problem that i misjudged in the ROF,this one has to be right up there,only THIS one is based on pure BS that`s been comming from the company directors for 14 years.And surprise,surprise,it`s at a14 year low,even with all their "pleasing"news announcements.

My learned friends were indeed correct.The"pleasing news"is nothing more than perfume on a pig, and a money pit.

Yes,yes,don`t worry,if it even come CLOSE to the .15 i paid for it,i`ll get out,but i`m thinking this is one i`d better make sure is well written in my will for the grandchildren or great grandchildren.Just in case they actually ever DO turn a profit

14 years of BS and counting.I just feel sorry for the poor devils they sucked in over the years at a MUCH higher percentage

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