Canadian Orebodies (CVE:CO)

Some notes…

They paid $20k to eResearch to say good things about them

To have eResearch conduct research on the Company on an Annual Continuous Basis, Canadian Orebodies Inc. paid eResearch a fee of $20,000 + HST.
http://www.eresearch.ca/_report/CO_061412-B.pdf

What a waste of money.  These shills generate no value for society.  (If there is a polite way of saying this, I clearly haven’t thought of it.)  Here is Canadian Orebodies’ press release regarding eResearch.

Short version of the rest of this post

I don’t think that this is a good long or a good short.  This is a sketchy junior (which makes it a bad long) that has found something vaguely promising (which makes it a bad short). Continue reading

Advertisements