You cheer me up (if thats possible) I thought that I was the only one to invest in BHR at 14p and heavily into ore since mvc days.at 0.4p If all comes well we could buy each other a pint (which will cost an ounce of gold before this lot gets anywhere)
I wish you well too fellow traveler. Perhaps these chumps will prove us wrong and hit something eventually but this could be 5 years or more away from reaching anything at this rate. I'd like to put this in the bottom drawer but as it sits in my ISA, I see it every time I log into my main account. A painful reminder of the folly of wistful investing and not closely following what is going on. I'm not aware of BHR but it sounds like RRR which I also got into a few years back at the same time as ORE. It's like I chose all my bad apples at one. BEM is another dragging down the numbers. Still, live and learn. Perhaps Mutsk will bring something but slide in this sp is alarming and the announcement of another mouth to feed ( or is it glass to fill) seems to have only moved it further South. Seen nothing since Reynolds took over to inspire confidence.
Yes, and I know you aren't deramping this. The sp will bobble about until ORE furnishes the market with substantial news, simple as that. It has to be the news from Mutsk which will kickstart momentum. This has, for many of us, been a far longer play than expected.
I am losing on BHR in the same fashion as you are with ORE. My average is over 17p there, a five figure investment, and the sp is currently languishing at the 0.4p mark to sell. Balls!
We should have traded in this bear market though, in order to minimise our losses, as, although we sit on paper losses only, it's a very long way back now. A bridge too far in the case of BHR. Just powerfully kicked myself in the face as a punishment for the reminder of the dreaded hindsight thing there. Lol.
In my case, it's definitely lessons learned for the future though.
Oh yes, my average here is 0.89p, so not too great here either. Lol.
my once 5 figure investment has now hit 3 figures. thanks ORE. The most recent appointment and RNS were a joke. Cannot believe this BOD and the numerous bad decisions they have taken. This share is now destined to hit hither unknown depths in my opinion. Brutal
..... neither one thing or the other. Not good after all the time they spent sampling.
Mutsk may be less anomalous, easier to extract samples and so on. Is the Company able to do that quicker than it did with Deli though? I feel we have been plodding along here for far too many years with nothing to show for it. This Venus geyser, how exactly will he change things for the better? What is the strategy from ORE in getting him on board? If it's for his financial expertise and the like, this should have been communicated. Otherwise, with me anyway, the appointment doesn't sit well, certainly while the sp is at rock bottom and the Company can ill afford to shell out extra cash.
I'm still here, but the next Mutsk results will have to be mega, otherwise I'm closing the kebab hut down and moving to sunnier climes.
Coli, I think we need a specialist for Deli. The project just seems too difficult to undertake with the current staffing profile at ORE, too anomalous with the old vein system. Otherwise, if not, why have they stopped now, after all this time, and not continued with it? It's perhaps too complex for the level of expertise in my opinion, not to mention the extra cash burn. No good burning cash if you are uncertain. Get someone in who can deal with Deli now, or bin it. Suspending or to focus on something else is neither one thing or the i
hhhmmmm.....not sure what to make of this appointment....early days and let's face it the only way is up from here....lol should be getting some drill news in the next few weeks so maybe this ties in with some POSITIVE developments for ORE.......or then again maybe just same old same old....lol
still very much think that the future story here will be an interesting and lucrative one, particularly from these levels.....just need to confirm that Mutsk is financially viable with continuing very impressive drill results (anything over 2g/t au is defo a viable option with Mutsk so far providing at least double that...!!!) hopefully continuing from at or very near the surface......once we start producing at Mutsk we get the drilling going at DJ again and then lift off...simples..!!!...if only....
Yes, time will tell, ditto, and yes. Some background on the CEO: http://www.zoominfo.com/p/Ed-Slowey/1539976828 The non-exec's (2, now 3) last year received £20k basic plus £20k bonus. Would/do object to the level of bonus for all the BOD. If you don't like what's going on then get 10% of the shareholders votes to call an EGM with a resolution to replace the BOD with whomever you wish.......if you feel this would improve matters!!. Good Luck DD
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