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Duped by the promise of riches, investors are left in the cold
Graphite Energy Corp (GRXXF), a Vancouver company with a mining operation in the Laurentians, was believed to be the next big thing among investors.
With news that their stock has crashed, Professor Ken Lester shares his commentary on the turn of events.
The so-called pump and dump phenomenon is not unusual, according to Prof. Lester, especially in emerging industries like marijuana and cryptocurrencies.
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