Thanks for the history lesson, that of course I already knew about, ...... but of course I personally was not invested in GCM for that amount of time was I .........and had I of been trading from 20p to 900p back down to 17p, back up to 300p and now back down to 16p gave the opportunity for some great trades did it not, as it will continue to do so in the future :)
So sorry for off topic, but let's get back to SLE...... so what will today bring..... another day with no news so I guess the II's will be picking up a few more shares .......
I am a novice and don't really understand the stock market and all the jargon and abbreviations, but please, what is going on with this share, am I being stupid or is something going on here? The amount of shares bought, yet they go down? Please answer in idiot language for me to understand lol
"GCM, yes I do believe or I would not be holding still unfortunately all down to politics ... but it will get sorted eventually... I think that you have exaggerated slightly on the time scale though lol...... "
I think you should check your timescales again Searcher. GCM was formerly known as Asia Energy which began attempts to mine in 2003. That's over 10 years ago. Infact Asia Energy was Asia Energy Corporation Pty Ltd which entered the coal mining scenario in 1998 by buying the mining contract originally awarded to the international coal giant, BHP, on August 20, 1994.
So we are actually talking 20 years since the license was 1st awarded. To think you still have hope... :-)
GCM, yes I do believe or I would not be holding still unfortunately all down to politics ... but it will get sorted eventually... I think that you have exaggerated slightly on the time scale though lol......
you can post as many times as you like, but it still does not change the answer in the fact that there is nothing that we can do about it, so as I you have two choices... mine is that I am going to hold.........
"Hope you are well too :-)"
Thanks for asking, no I have been quite ill recently which is why I have not been and continue to not spend as much the time on the boards that I used too.... hopefully improving a little now though, although still have bad days and it is going to take some time to get right.......
any way that's enough carp about me..... let's hope for some positive news soon so that we can all relax a little.... Jeeezzz how many times have I said that now....
...well have ulterior motives. Do not assume they are simply happy with his pay based on the shareprice.
Perhaps it may be he is placing/allowing large stakes of this company (or it's licence plays) to fall into their hands on the cheap hence the silence. Is this not possible? . If so, to them he is probably worth every penny. To the private investor? Absolutely nothing.
We just don't know do we, so it's a matter of trust. Do you trust him? Does the market trust him?
Pay indeed looks obscene, especially compared to the sp. But all major shareholders seems pretty happy with it or would have done something about it a long time ago. Also I do not believe that these people/companies would be very pleased nor that stupid to be taken for a ride for so long. They did not get where they are by being naive. So I can only assume that there must be a very good reason behind it and well worth it. I believe we will find out within the next 6 months.
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