It must be close to the top of the ASX gold market.

Caprice Resources (ASX:CRS) are emailing around “60 second updates”.  Probably not the only ASX gold explorer doing this, and of course all done in the name of looking after investors.  

⌚ Caprice Resources’ (ASX:CRS) CEO Luke Cox 60-second update from the Island Gold Project! ⛏????

The CPR short videos no doubt directed at "investors" sitting on their bums at home with their iPhone open showing their make-believe share fortunes and for real rent and credit card debt.  The latest video (above) from CRS shows a hill of barren rock somewhere in the desert where the CEO Luke Cox tells us the gold is. And of course, CRS owns it all.   And like a latter-day Steve Irwin, some wally in a khaki shirt walks into the camera and exclaims: “WHOA LOOK AT THIS!”   Pointing to what I think we are meant to assume are nuggets of raw gold sticking out of the side of the hill.

The real Steve Irwin would get excited about a piece of marsupial scat, hold it up to the camera, tell us how special it was and then tuck it safely away in his top pocket. The viewer was in no doubt what it was - just a piece of dried-up old possum shit.  And everyone would have a good old belly laugh. Simple, harmless entertainment.   

However the ASX gold promoters, and they are sprouting up all over the place, are about convincing the gullible faeces is gold.  By the time they are finished sprinkling their brand of pixie dust into suburban lounge rooms all over Australia I suspect not too many will be laughing.