Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Yes , welcome xNoz!
Welcome to the centamin board xNoz ,
Just looked at some of your previous posts and they're pretty informative so we will look forward to your invaluable contribution to this forum.
Thanks for that Tibbs, and enjoyed your recollections . Personal anecdotes give all here an expansive and human background to the Centamin information and factual news posted on this delightful board
Regards
Isolated Bob
I personally enjoy the stories, there are many things that can be learned from the past, unfortunately most ignore them so on it goes! It only goes to show that we only really learn by making our own mistakes. G.L.A.
drivel
Bob,
I enjoyed your story about the horse racing, the bookies and your very best friend, It reminded me of a few experiences in my past!
In the sixties I was a very young lad and my father was a successful scrap metal dealer who had just started up a fast growing factory waste disposal company using tractors and trailers, the trailers were left under the rubbish chutes of the factories and changed for an empty trailer when they were full (this was before the big bin trucks came in ).
My father was making a lot of money at this time and became a member of the local tradesmen's club, (bit like the Winchester in Minder), no such thing as all day pub opening in those days, however the Tradesmen's club being members only remained open all day and many of the local business men, including my father would spend their afternoons there supposedly doing business, but more often or not indulging in betting on the races with the local bookmaker Markie Harris, a very well dressed man who smelt of Aramis aftershave and seemed to always have a new Mercedes!
Sometimes I would go to the club with my father where I would sit in the corner with my pop and crisps and read my comics whilst dad as I later realised spent the afternoons with some of the other members sometimes winning, but mostly losing their money to Markie the bookmaker.
Quite often at the club the other tradesmen would send me over more pop and crisps, however on one such occasions Markie the bookmaker came over with a bottle of pop and sat down next to me, Uncle Markie as I had been told to call him asked about me school work and as our conversation went on he asked is I knew how to back a horse, I replied that I didn't, at my reply Markie put his hand on my shoulder and looking me straight in the face said "You don't ever want to learn how to back the Gee Gee's lad, you will always lose, there is only ever one real winner, that's me which is why I can drive a new Mercedes!" with that Uncle Markie gave me a smile, told me to enjoy my pop then got up and left.
i still don't know how to back a horse to this day!
Unfortunately though I did lose a lot during the dot com boom after following on the advice of broker!
So I now make my own investment decisions which is why I shall remain long in Centamin!
Bob & Mr Bond,
I too agree with you both the panic about Covid-19 is far from over and the long term financial aftermath will make what happened in 2008 almost pale into insignificance, this has not been explained properly by the politicians and has certainly not been considered or realised by the majority of the general public, they are much too occupied with social distancing, queuing in lines at their local store for their victuals and keeping up with the social media trivia on their smart phones!
Good to hear from you Mr Bond
Sorry off topic
My very best friend sadly no longer with us was a Maths head at a very exclusive public school with a degree in statistical maths from Oxford. His part time job was working in a bookies and he was an inveterate gambler but at the Races (we joint owned the back half of a hurdles horse) and he would look at the betting boards and tell you whichever horse won the profit that that book maker would take home on that race. My bridge tutor and I always lost to him at back gammon. He played the markets as well and during the Tech bubble we accumulated enough to finance the racing. If you haven't stood at the rails at Fakenham in a 30 knot wind in January with temp at 2-5 degrees you have not lived.
Apologies rambling but your bet 365 prompted it.
What a fantastic eclectic board we have here and some have deep knowledge which I really appreciate .
Isolated Bob
Could not agree more.
This is far from over.
The virus ,simply triggered panic..
It still comes down to quality and divi .
For LTH.
The rest of you play Bet 365.
Does Very good.
Sorry digit error
I've accumulated 2400 Centamin shares at zero cost. except the extortionate trading fee which is a disgrace.
My goal is simple is to accumulate max CEY shares as come May the divi will be a beacon in a sea of gloom
As I have posted here before a return on any investment you wish to call cannot reconcile with CEY divi return . It is backed by a balance sheet which is positive, cash assets , a proven resource and a prime mover in a growing industry. West Africa will be a corona virus basket case and have crystallised all my holdings . sadly some not in an ISA but happy to take the lesser hit . Wait until earning season hits , blood bath and DOW and SP500 blitzed. We have not seen this before and hopefully will not see again in our lifetime. Cash at this time is not a reasonable hedge.
Kindest regards
Isolated Bob