Re: La Yesca & rant about our champion Puplava
in response to
by
posted on
Jun 02, 2008 02:53PM
"As you can see, the company is making some significant headway on La Yesca. I think they targeting production by year end. I'm quite content with them maintaining focus on Mexico right now. I think we all know that Mcfaulds has "the goods" but with nice near term cash flow, I just want to see them get mex in order and start generating some cash to fund canadian exploration."
As Jim Puplava often remarks, he has never seen a junior market fail in his lifetime the likes of what has transpired in the Junior PMs. Thank goodness he's chosen to become the champion of the small investor to help make things right in a sector so utterly controlled and manipulated by the big boys.
Listening to JP's broadcast this past weekend it was no great surprise to hear one of the brokerages who have helped wreak such devastation in this niche market actually had the gall to brag "we are untouchable." Too bad noone caught the bugger on a spy cam. What arrogance and utter disregard to the retail investors they spit on one hand yet on the other rely on the trading commissions they generate for the brokerage.
It's high time we stopped eating cake and threw it back in the faces of the criminals who are wholly responsible for robbing the little guy of countless Millions. I encourage folks here to send complaints to the email links supplied by Puplava this weekend. Even if you don't believe UC has been directly manipulated, at least voice your concerns about the spillover effects of widespread manipulation in the Juniors and micro caps, into UC. We're all in the same boat.
I would encourage the company to engage in smaller size financings going forward as required until revenues start coming in from La Yesca, and be selective about whom they place their trust in. A phone call to Eric King and his growing group of long-term US investors might not bad a bad idea as an alternative to Canadian Brokerages. Also surely there are other smaller retail investors here who would be happy to get in on future financings. Every little bit helps.