British, Thanks for your input. I took a big loss in stages then tried trading it with some success but limited. For that to work I think one really needed to at least include shorting which I don't do yet. An experienced trader made a similar comment to yours as in why trade something that might go under when there are other volatile shares that are unlikely to at least not in the foreseeable future. You mention London Mining. It was fascinating how one of the regulars (a holder) felt the need to council the BB about how different they were. Sort of pre-empting any anxiety, unsolicited and rather patronisingly. Similarly someone else eager to try to spin away any worries that might surface about the article posted at the weekend. Your candour is in stark contrast. I may have a go, I may not but it will not be large this time as I've learned my lesson. Good luck with your situation here. It's been rough and probably more like horrible. Indy
RE: Thanks for the articles
Also, I ain't deramping or anything. I am a massive shareholder here. But London Mining experience is not hidden to anyone. I am curious to know whether shareholders effective ownership is zero there now.
RE: Thanks for the articles
I have to add on to your note. My experience shows that all Russian shares are risky punts and not investments. The shareholders here are at complete mercy of what direction the board takes. I still have a small hope of recovering some of my investments but will derisk completely once that target is achieved irrespective of it going further or not. For new investors, I did welcome ppl at 60p believing that they can make a quick buck but somehow i feel it is better to stay away from here. This is not even a risky punt. It is just what it is, a company trying to survive and it will be for quite some time till its debt issues and gold price lingers.
Thanks for the articles
I'm still inclined to buy some back but probably not until the dust as settled and there's no way of knowing that the re-financing news will be or how the market will react. The shady article posted over the weekend does make me even more resolute about regarding this as a risky punt and never an investment again. Thanks for the articles posted. They probably have a number of other readers who don't post at all or very often.
i can see a drop and a push up within the next 2 days
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