i posted this just before it got suspended, always be careful on these boards, most are rampers with no knowledge, a few good posters there but not as many as we need. - Was 0.12 p now 3 p and no more news great assets BuT huge debt lat RNs says no value why do people think it will rise more. Likely suspension and no value at all. Would like to see a positive RNs with take over but nothing yet be careful buying high. Classic MMS rise before the death. Its so common. Need news to back up the rise
im still amazed it went from 0.15p to 5p! unreal rise many made money. I do feel sorry for long term holders as it went down from 2 pound area but anyone who bought after the rns and didnt at least sell on the huge rise really needs to only blame themselves. Some were warning at 1p and above as the rns said no value so cant complain at all!
On hindsight looking back at the series of RNS I would not judge those that bought in to the cattle trading positions because it is my strategy that when lots of big money have holdings in a Company then it is time to buy too.
Then the question is how could all those holdings e.g. JPMorgan etc. have gotten it all so wrong?
SIERRA LEONE’S finance minister flew into Britain this weekend in a desperate attempt to save London Mining SIERRA LEONE’S finance minister flew into Britain this weekend in a desperate attempt to save London Mining, a big employer in the west African nation already struggling because of the ebola virus. Kaifala Marrah said last week that ebola was acting as an “economic embargo” on the impoverished country. The collapse of London Mining, whose Marampa iron ore mine employs 2,400 workers, threatens to destabilise the econ–omy further. Several airlines have halted services and food prices have risen as supplies have dwindled. Marrah met prospective buyers of London Mining this weekend in the hope of securing a bailout that would keep Marampa working. He is also considering nationalising the mine, in the heart of the region where civil war raged in the 1990s. The London-listed company, brought down by huge debts, the plummeting iron ore price and ebola, was forced into administration last Thursday. The mine is still operating, despite
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