He has duped every single one of you. TRX has about 13 million left in the bank and they are burning 5 million dollars per year. Do the math. Sinclair claims he will never dilute the shares again but I think he is lying. I believe he is going on a global tour for his "emergency meetings" as a means to try to raise money to keep the doors open.
How good is Sinclair at duping people? Here are a few examples:
1) Somehow he got TRX included in the GDX and GDXJ etf's. Yet TRX is not a gold miner. I am sure he used his popularity to convince Van Eck to buy his shares
2) Relbochat made an interesting post about a Brazilian mutual fund. It is called BPI Restructuring. They own shares of Walmart and other big companies. But there is something very odd about 3 of the top 10 holdings. #1 = TRX, #2 = RGLD, #8 = MUX. Now we all know Sinclair runs TRX. We also know that Sinclair has promoted RGLD for years and just recently Sinclair put a buy recommendation on MUX. So either this fund manager drank the koolaid or Sinclair convinced him to buy (same thing if you ask me).
He is the most evil man in the precious metals sector and you guys need to take up. Bullionairo, FrankieOh, Relbo, FYIIII and a few others have exposed this man and yet nobody wants to listen. I get it, you are emotionally attached to gold and to TRX but look at the facts. 100% of his calls have been wrong. I challenge anyone to find 1 call that he made correctly. And if you say gold $1650, you are wrong! He said it would happen by Jan 2011 and it didn't. So once again, please find 1 call he made correctly. You can't.
been telling you folks for months that gold stocks were scams. not my problem you didnt want to listen.
You are right, I don't know your position. But you claimed that you bought GORO on the way up and gambled on options. You lost money on those. You also gave back almost all of your gains on your core position. And MXSG is down 40% so far this year so it is unlikely you are up big on that one either. But it don't matter...both are going to $0 and at $0 per share...you can't lie anymore and say you didnt lose.
When this was over $30, i strongly urged everyone to get out. you folks bashed me, laughed at me. here is some more advice....sell and short all bounces. $2 before year end folks.
As predicted by the shorts. lies and fraud will never win in the long run!!!!
reids belong in prison!!!
"This is Depressing... no bounces
It all makes any type of recovery doubtful. An I am talking about the whole metals complex.
Maybe I will go listen to Jim Sinclair, he is a perpetual Bull but off his rocker. Don't care at this point may be he has something soothing to say Like Gold soon to be $10,000 a gram.
Trouble is laughing my troubles away won't get my money back. woe, alas, help, rue these days"
he is the biggest fraud on the net. he was squealing to buy apple at $700 yet someone made money when it crashed 40%. he has never lost a trade and now admits he isn't playing. only one reason he is not playing: broke
be careful with these ETF's. GDX hit a new 52 week low but DUST didn't hit a new 52 week high. That is the fatal flaw with these double and triple ETF's. GDX could sink to 25 cents per share and DUST could go to $1000 but if the GDX went to 75 cents the next day, this ETF would go to $0. LOLOL
Fun to trade though!!!
Sentiment: Strong Sell
this company is running on fumes.
I think GMM is a charlatan. He tried to attack me on the GORO message boards. He said he was going to buy the stock because I was bearish on it. I exposed the lies and fraud going on with GORO and the stock fell from $30 to $9. I hope he did buy because he deserves to lose every penny he has.
If so, then how does he own less than 2 million shares? He should have a lot more than that if he put 30 million into the company.
Sentiment: Strong Sell