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Amur Minerals – yet another sucker has fallen for the Crede “death spiral on steroids”

By Cynical Bear | Friday 25 March 2016


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.


Having written yesterday in amazement about the fact that Roy Pitchford, CEO, at Vast Resources (VAST) could have done such a shocking funding deal with Crede Capital (HERE), I immediately then realised that Amur Minerals (AMC) have done an almost identical deal with Crede but has somehow managed to be even more misleading about it.


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