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To good to be true

Discussion in 'Other Asset Classes' started by MTR, 9th Nov, 2015.

  1. MTR

    MTR Well-Known Member Premium Member

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  2. The Falcon

    The Falcon Well-Known Member

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    Come on MTR, are you still looking for the magic bullet?

    This is not the magic bullet your are searching for...........think about it. No contact info, 12-24% returns, how? no detail as to what the investment is.....scam scam scam. This is a classic approach to capture unsophisticated investors dollars...I note they can also help you invest in diamonds and renewables too! A highly credible team who doesn't reveal who they are, and they will take small investments from $10k! I guess they don't want to let the big end of town cash in, they are keeping the door open for the little guy!

    If you want to take have a tilt on energy / oil then you can buy plenty of stocks on the ASX, Woodside being your blue chip, least likely to blow you up via capital raising variety, or Chevron or Exxon.
     
    Last edited: 9th Nov, 2015
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  3. neK

    neK Well-Known Member

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    Last edited: 9th Nov, 2015
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  4. The Falcon

    The Falcon Well-Known Member

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  5. MTR

    MTR Well-Known Member Premium Member

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    Lol, another dud
     
  6. The Y-man

    The Y-man Moderator Staff Member

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    Oil might sound like the most profitable and easiest thing to do - especially if you have an existing well. However the truth is, exploration is extremely time consuming and expensive.

    My wife worked for a consortium that operated a rig on the NW shelf, and was looking for more in the area. There is costs right form the word go from the exploration license to getting a "portable" rig that can dig down the bottom of the ocean to collect samples etc (along with seismic testing gear etc).

    It eventually went bust........ owing lots of money

    The Y-man
     
  7. Azazel

    Azazel Well-Known Member

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    legit.jpg
     
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