Having lost a packet on a DL vehicle a few years ago (Templar Minerals, now OTC), I am very wary of his exuberance. He did exactly the same at Templar i.e puff the thing up to a ridiculous degree and it flopped spectacularly. However, I see this as being very different, simply because we are NOT relying on DL, but are in the hands of others i.e the BOD of BCN etc. If one is being charitable, one would say that it is merely enthusiasm and energy that leads to him puff up his shares so much. An uncharitable view is that he is an expert ramper. Take your pick. However, I really dislike the cult of the CEO as a 'personality'. I like the quiet ones, who under-promise and over-deliver, so I'm extremely pleased DL is now off twatter.
i'm not talking about drilling sacle, simple bloc economics, europe is gonna drag uk down, today a red letter for £1.7bn, it will eventually be paid and removed from uk economy, general election with more focus on eu in/out referendum, all the while market jitters are gonna grow, it's there for all to see
for someone with only 4 posts my natural instinct would be to say "deramper", however, from what i'm seeing there's gonna be BIG market turmoil from Feb/March onwards. I'll be looking to go to cash by xmas and may stay there for a while.
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