if it is a miner you'd think they will finally find an orebody instead of same old same old glory hole and nothing more as they move from land package to land package.

if it is an oil play, you'd think they find a huge oil reserve or say produce 1000s of barrels of oil a day, nope, they produce at say 100-300 boeds and only have 10-30% of it instead of 100% of it.

the list is long, as they hop from sector to sector???? learn the pretenders and the ones that really have a decent chance at increasing shareholder value for good.

ps.  and there are 100000000s of names out there that are like this.  still doesn't mean you cannot play a game of chicken and make and run.   as long as the liquidity is there, one can get in and out.  the flimsey plays are the ones with 100s million shares o/s.  great for traders but not great for shareholder value.  the more the shares o/s the better the asset really has to be to increase market cap.  better the asset the lower the o/s shares the higher the SP will go.

and if the o/s shares are too high other way to lose is a r/s split.  that in itself is a whole new topic to discuss the pros versus cons.

pss.  the other way to tell is the way forum scammers pump them to the moon to milk the unsuspecting.  sometimes, over and over again on the same stock as it goes up and down promotion after promotion.  ever wonder if it is the same guy under a different id....probably, then again would you believe it if it were true.......reality is the way they trade the pennies gain is one way for them to prosper and get you holding the ultimate leaky bag.

cheers,
dave.