Update...Have just seen CH in the local hardware store buying: a spade, a large bucket and a length of rubber tubing, he says he has a one way ticket to Trini. I think I might have to join him.........
7 grand is 7 grand regardless of my wealth but I wouldn't see it at 7 gained I'd see it as 14k lost, no one regardless of your financial position wants to lose £14k.
I really do hope RSR can turn this around but my belief in him is slowly slipping away, I have waited patiently for long enough and will continue to do so but I really do believe if this isn't turned around in 6 months then we are done.
It's such a shame when you see LGO doing so well pumping that oil and you have us barely pumped half of what their doing.
I watch people beat this share on the board day in day out, this share is finally starting to takes it's toll on me how I wish I never invested in this cr@p and stuck to what I know and that's banks!
Almost no-one seems to change their opinion. Most posts you know exactly what will be written before you read it. I reckon CH, who had a load of shares at 2.5p ave, sold his LGO for a hefty profit and he was the one who bought them back at just over a penny after 5pm last night. Or he could be away. Or on business. Or very ill and worried about sonmi visiting him.
I reckon he is one of the more astute investors on here. I am pretty hopeless yet I am only down £170 on a reasonable holding. And, to be honest, I couldn't care what price they are trading at any more. As long as I have the shares, and the company goes into profit (or nearly) next year, and we get a small divi the following year, they can be 0.1p for all I care. I guess they will be 3.3p fairly soon, and look forward to Malcy's analysis.
Looking at this shareprice dropping every day while management continue to draw a nice salary really gets on my nerve! I'm fortunate to have not lost relationship, my home and my financial rating due to this share but many people have and for what - management laughing as they still receive a nice big paycheck at the end of the month!
No point being in this if you just wanting a quick buck, everything in place to take it. Forward it's just going to be a bit slow to start with until all wells are caped and the trees added to then start flowing and mist people will know in this line of work. So pointless bleating in bout it, good time to average down tho gla
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