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SOU CEO responds to investor questions on its projects in Morocco and Italy. Watch here

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SOU CEO responds to investor questions on its projects in Morocco and Italy


Alecto Minerals Share Chat (ALO)



Share Price: 0.0675Bid: 0.065Ask: 0.07Change: 0.00 (0.00%)No Movement on Alecto Min
Spread: 0.005Spread as %: 7.69%Open: 0.0675High: 0.0675Low: 0.0675Yesterday’s Close: 0.0675


Share Discussion for Alecto Minerals


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CW10
Posts: 1,349
Off Topic
Opinion:No Opinion
Price:0.0675
No money only gold?
Today 07:28
has announced that the 500 ($7.60) and 1,000 ($15) rupee banknotes will be withdrawn from the financial system overnight. They can now only be converted to Rs 100 (~$1.50) or lower denomination notes, at bank branches or post offices.

The result was bank runs and people desperate to convert currency. India’s economy is based primarily in cash, and the liquidity crisis for the elderly or people not able to convert their currency because of logistical challenges has the potential to lead to a social crisis on a scale that is hard to predict.

Economists say the move will be beneficial in the long run, as it is targeted at weeding out tax evasion and corruption. Unaccounted money makes up nearly a fourth of the economy.

The banknote ban is very simply a way to facilitate negative interest rates in the future and to make taxation of every note in circulation much easier. It’s also the first step towards a cashless society.
 
Albino
Posts: 500
Answer
Opinion:No Opinion
Price:0.0675
RE: Albino
Thu 22:04
Thank you.
cookiecrew
Posts: 13,791
Off Topic
Opinion:No Opinion
Price:0.0675
Albino
Thu 20:47
See ya gl.
GreenWolf
Posts: 678
Off Topic
Opinion:No Opinion
Price:0.0675
RE: Will ALO
Thu 20:33
CW10 - you continually blabber on about there being no funding, so why haven't you sold up and moved on.?
hj6670
Posts: 575
Off Topic
Opinion:No Opinion
Price:0.0675
RE: Will ALO
Thu 19:10
God luck Albino
hj6670
Posts: 575
Off Topic
Opinion:No Opinion
Price:0.0675
View Thread (2)
CW10
Thu 18:49
Well CW you predicted another slide today that didn't happen so you were wrong again, you have predicted another one tomorrow there's a 50% chance you will be right, but if not have another go on Monday you may be right then.

You Clown
Albino
Posts: 500
Off Topic
Opinion:No Opinion
Price:0.0675
RE: Will ALO
Thu 16:49
And is there any funding on the horizon.

No, I don't think so.

Time to cut my losses, I think.
CW10
Posts: 1,349
Off Topic
Opinion:No Opinion
Price:0.0675
RE: Will ALO
Thu 16:34
If there is no funding.......not for many years.
darkelf69612
Posts: 154
Off Topic
Opinion:No Opinion
Price:0.0675
funding
Thu 15:27
i think feb 2017 dont think it wil happen any time soon im waiting till then only 2 months away
Albino
Posts: 500
Off Topic
Opinion:No Opinion
Price:0.0675
Will ALO
Thu 15:07
EVER come back up?




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