Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Spoke to soon. F.E.
Sell in site for 2 days. All purchases (although low volume) but once again we stand still or go South. To be honest, i am of the opinion that even if we got drilling results and they were as good as we hope, the price would not increase. Dont know the reason why but it is being held down. F.E.
Orbiter Fully agree with that "alternative view" LTHs by definition, are not part of "the market" which is where price is determined. Traders, TA driven, who do not have time to research the fundamentals, are the market. It seems logical therefore, that there is no correlation between understanding fundamentals and success, as determined by share price. This means of price determination has most unfortunate consequences, when a crystallizing event takes place, such as the recent EMED placement. What does the latest Edison report, done at copper lows, together with the down grade by our own broker/nomad Cannacord, also at copper lows, say about the EMED PR strategy in the face of market activity?
Continues to rise our share price decreases....why oh why...!
The slightly scary thing about the current levels are that even a 1p rise is now almost a 30% jump and that doesn't even take us to the open offer price - I know the fundamentals are totally unchanged and progress is moving along rapidly but ffs try telling that to my missus lol
Over at JLP today, so glad I moved out of here over there although looking at the price here I might sink a few back here now as SP looking attractive.
volume today at all, and all buys. so why are we down 6.45%?? F.E.
Well said, the trick is (as the song says) You've got to no when to hold em and know when to fold em F.E.
Here I am again about to put an alternative view, not necessarily my view but the result of various surveys and research articles. It has been found in various studies that on average investors who choose shares by sticking a pin in a list of potential holdings have as much prospect of being successful as the investors who do their own research and choose accordingly. This was a good selling point for the numerous tracker funds that sprang up a few years ago, furthermore, it is human nature that investors think that if they are successful it is because they are so skillful!
There is not enough mined copper/ proven reserves in the world for emerging economies to catch up with the living standards of the west [Copper Miners Association quote I believe it was ]. I will be having a punt on Glencore and Lonmin, they both have huge debt piles, but who else can the market look to. Regards
Eddie, didn't think a hobby was classified as work ! Thanks for the courtesy of a reply anyway. Regards
Ken, Successful investers are successful because they work at it. Cheers F.E.
Orbiter "it's because one side of me is tempted to jump back in, but the other side can see the same pattern of history still repeating itself here...but, more dilution, change of directors, more debt, more borrowing, more dilution more averaging down seems to be par for the course". The one thing that will not happen here is a repeat of history: in the last 12 months a metamorphosis has taken place. We may see problems, but they will those associated with the new state of the company, a producer (such as the real impact of metal prices hitting the bottom line, labor strikes etc.). It is laziness to use outdated arguments to either ramp or deramp and "more dilution" and "more debt" are a poor attempt, when the company has such a strong balance sheet currently and NO debt!.
I would say successful investors do not need to work [most people don't go to work they simply go to a place of employment !! ] Tracy, you had two vowels clashing in your post. Gone fishing. Regards anyway.
Averaging down with lose change is working for me then selling back out quick as poss. waiting game again before I put back in and take out.
Thanks for the explanation fella and much appreciated it is too... as sometimes it's not always what people say but why they say it.... and tbh u were under no duty to explain your self but as u have..... it's a fair point u make and and a good answer my friend so no hard feelings and thanks for explaining matters so well
Actually, I think I am being constructive and helpful in my 'caution'. let me explain. I bought in at approx 10p, sold out at 7p so lost 30% and substantial £,s. this was during a time in EMED when things were going well and there was a continual run of positive news albeit always way behind schedule.The bulletin board was full of an earlier generation of posters so excited with their prospects that they could not bare to hear anything 'negative' from others who were labelled derampers. You may wonder and be annoyed why I still keep an eye here and make a few comments? it's because one side of me is tempted to jump back in, but the other side can see the same pattern of history still repeating itself here, so my comments are just me thinking out loud to counter the persuasive positive comments of other posters and make me delay any decision. Whilst delaying my decision I have watched the share steadily decline even more. Currently I feel these AIM mining shares very rarely deliver what they promise, and are characterised by good news, hype, misplaced faith, broken time lines and a downward spiral, Shareholders seea falling share price as "what a 'wonderful time to average down", but, more dilution, change of directors, more debt, more borrowing, more dilution more averaging down seems to be par for the course. I hope my so called negativity dosen't upset anyone but anyone still invested will probably be so convinced of future riches that they wont care about my occasional comment. GL
watch WRES as well, about to be granted mining permit from Junta shorly (per RNS expected in Sept) and it seems some wealthy spanish guy is taking large holding- per RNS.
M0Re L1ke 15 years ++ ...... vvvvv....Keybard fcuked !!
Well said. Every time you post, you become more adverse to reality. Doh. 3.75p. Management need idiots alright. Blah, blah, blah. What a tool
I don't think I do mate tbh as I can be just as critical as the next man - yes I admit I want this to do well being invested heavily here and I also admit to being bullish on its long term prospects - but Im not deluded into thinking it's all sunshine and roses ... as it clearly isn't ... but I just find it strange that if someone is invested here that the only thing they post is the negativity aspect .. Or the silver lining has always got a big f o dark cloud hanging round there somewhere - but each to his own though mate - all opinions are welcomed that's what these forums are for so have urself a good day and good luck with ur investment if u are still in here
No resource update, yes but that is about year 15+ what is the rush. It will be released when the drilling is complete, little point in doing the same job twice. Alberto quite rightly said last Thursday that the drilling is largely about internal data to select the ore not about the future reserve. The off take information is there for all to see they can be no more specific as they do not know what each ton contains. There are no discounts in the off takes beyond industry norms. You are a great example of the type of person the management want shot of. You post like an idiot.
There is only one person across all EMED bbs that is overwhelmingly positive. I'm talking about you, btw. The sp is at multi year lows. We have no resource update. We have 100% off take with no pricing, apart from your insider made up blah. And we have no credibility, as the icing on the cake. So keep on calling us all stupid, cos life is like forrest gump
I am not suprised that you do not work With your attitude i would put you down as unemployable. F.E.
They certainly do, your idiot posts are very offending and rude. You are a serial ramper who cannot resist being self complimentary and rude. I only post my views (which always differ from yours) in a polite way, as do other investors. I am only invested here for a return and have no emotional attachment to EMED. You however seem to think you have a line of information directly from the horses mouth, which of course you do not. Your opinions are your own business and if you wish to shere them with this forum you should do so in a correct fashion. Your posts on ADVFN and iii are just as rude to other posters and i for one have not one jot of respect for you (not that it matters) F.E.