Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Stellar Resources - is all that glisters gold?

By Doc Holiday

30 January 2015 02:25

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Stellar Resources (STG) has been yet another company connected to serial entrepreneur David Lenigas which has been a disaster for its long-term shareholders. Sure, insiders and the odd lucky trading punter have made cash on this stock, but for the overwhelming majority of Stellar’s small army of shareholders this has been a shockingly poor investment.

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Comments

turbograndad

30 January 2015, 06:23

DOC,
Great research, remembered at the time and was prompted to watch your video of said mine.
That said it all to me, deserted not a sole, yet so much bullshit.
I think Mr Lenigas is due a kick in the balls, like he has given share holders, just as well I hav’nt invested in anything associated with this prize bullshitter.
DUCK AND DIVE

30 January 2015, 07:20

Great digging, Doc. If it looks like a PoS and smells like a PoS, it usually is a PoS.

I’m surely not alone in being grateful for your checks and balances on DL – especially as I fear the Sheriff has dropped his guard. If STG “disputes a number of matters in this article”, why don’t they go into print with attributed quotes?
Gateway

30 January 2015, 07:31

It’s actually ‘all that glisters….’
alcira16247

30 January 2015, 11:55

Doc

Stunning piece of work!

As someone who bought into Clogau Gold back in the 1980’s and subsequently got burnt, I can happily confirm the Romans took all the gold out of Wales some 2000 years ago !