This is inherent in most financial systems, particularly in resource development

You have penny stocks on the stock exchange, which people try to lure unsavvy investors

You have junior oil and gas companies that drill baby drill when times are good and then go under, leaving Alberta alone with 173,000 ophan wells in need of capping and reclamation

Same with mining as the article points out, but generally they follow more of the junior O&G route.

Then you got real predatory companies like the zombies in both realms.

Any small company is a huge risk for investment. Even big ones don’t get it right.