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View Clinton Holmes' Comments
3 Reasons To Buy Gulf Resources
Many strong warning signs of fraud were mentioned above. One thing know one mentioned is that the stock changed symbols in the last year or so. The stock used to trade under the symbol GRFE. In April of 2011 Glaucus Research Group distributed a report, which can be seen here:
. The report claims, among other things, that Gulf Resources commissioned to very large capital expenditure projects to funnel money out of the company. After dropping more than 50% and denying the allegations the company changed symbols to GURE.
Overall, the company is not a sounds investment and I would recommend cutting your losses.
Jul 15 10:13 PM
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