From: TheStreet
Date: 9 October 2014 12:29
Subject: The Stocktip Of The Year
You've been patient for a while now and finally it's time.
Confederation MineraIs (CNRMF) is on the verge of exploding.
Thats because they have hundreds ofmillions of precious metals on their property and they are weeks away from beginning to dig it out and selling it up the distribution chain.
It is trading at such a bargain right now that CNRMF is a no-brainer.
Snap up as many shares of it as you can today before it goes up too high.
Everyone is certain that we will see it hit past 40cents before month's end.
63 South Main Street, Newtown CT 06470
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We can see clearly from the Yahoo! Finance page that CNRMF is a disaster area. The stock has slumped from $1.33 in April 2011 to $0.06 today.
Usually the shares are very thinly traded with either zero trades or trades in the low thousands on most days (average trades are about 2000 per day or $120 at today's prices) . The reason for the poor share price is apparent when you look at the financials. As with several other stocks promoted through spam (especially mining stocks) there is zero income and only a bunch of expenditure.
The spam argues that this is going to be OK because CNRMF are sitting on an enormous pile of precious metals which they are shortly going to be selling off. Of course if they were actually sitting on a goldmine then the smart thing to do would be hold onto the stocks until the money comes in. In reality, the chances of this happening are approximately zero.
There doesn't seem to be a particular pattern of stock buying going on, which indicates perhaps that the pump and dump spam is being arranged by some existing stockholder trying to cash out.
Only a fool would invest in CNRMF in response to this sort of spam message. Avoid.
UPDATE 2014-10-10: a second version is now being spammed out..
From: Thanh Ford
Date: 10 October 2014 15:50
Subject: Sorry for my late reply
Hi [redacted],
I got your voicemail yesterday about the stock tip you want, sorry I couldnt pick up the phone I was on with the wife you know how she is but please next time don't call the house line, I would prefer if you come in to my office instead. In person is always better. Anyway your timing is impeccable you are very lucky. There's this insane little company (confederation minerals) that was exchanging hands for like a dollar and a half last year and now you can grab it for around 10 cents. These guys are sitting on gold, literaly. They have proven reserves worth a few hundred mill and theyre about to begin digging out the stuff in a few months.
You better bet the stokc is gonna go nuts in the coming weeks when they make the drilling announcement. Take care and if you need anything else give me a shout. The stokc is CNRMF and if I were you id grab as many shares as I can, everyone at the office thinks this one is gonna go up at least 5x soon.