With this loft goal in mind, my due diligence turned to a “resources” company called Minerco Resources (MINE.OB) after hearing about this company while drumming up some new ideas in popular chat room. But, after only 30 minutes researching Minerco Resources, red flags turned up on all three criteria points critical to a reasonable evaluate of a company like Minerco, which aspires to build a hydroelectric generator in Honduras.

A research report issued by Clay Mahaffey CFA–presumably paid for by Minerco–states that “Honduras has deep and strong ties to the U.S. Government and political risk should be acceptable if not insurable.” Continue with article Minerco Resources Inc. (MINE): Too Many Strikes here.