West Coast Commentator

Great Basin Gold: Jump to Mid-Tier Gold Producer

A word of caution: As good as these numbers are, I have waited OVER FIVE YEARS to get my initial investment of $2 per share back, only to get diluted out of the window at lower prices!!! All those exploration stocks SUCK for normal investors, but not for fat cat management, who know exactly when to skim the milk with stock options at basement prices. With all my cudos to Ferdi Dippenaar (excellent mining CEO - looking forward to get a hold of him at the San Francisco Hard Assets Conference this month), the advice to newbie investors is the same, especially in the current gold upswing: THINK TWICE BEFORE BUYING EXPLORATION COMPANY STOCK! YOU PAY DEARLY!