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Stewy - the Mkt Cap might be a paltry 10m but the debts unfortunately are greater.
It all seems a tad bizarre to my way of thinking.. Less than a week ago announcing drill results in Uruguay. Less than 7 weeks ago announcing acquisition of 4 properties from/involving Goldcorp.
Now 10 months since they made final significantly large payment on Calcatreu and we are now none the wiser how drilling has gone from 4 months back and what the plan of action is.
Dare I say it? Not exactly a Company with a transparent ongoing strategy. Apart from the cash burn history - which frankly defies belief.
I invested £15k in this over the years, now worth a paltry £700.
Down a massive chunk today but surely with gold price of 1336 currently the company and assets must be worth something (less debt Obviously). The mkp is less than 10 m???
7 years of supporting this company and this is the reward. What a fucking disaster.
Is there any chance of successfully suing these crooks for negligence and misleading behaviour? Not that I can afford to hire a solicitor now of course.
Sioxford, what does your pal AOW think of all of this? It is largely due to his bullishness 7 years ago that I am in this mess.
Can someone please advise:If the Company was going to go private especially after Calcatreau and getting some land near Patagonia , why are people buying shares as the buyout so I have been told some time ago is around the price of the last money raising which is 4.5p. Unless there is going to be another round of monies at about this price which the Directors will raise and then go rprvate
Must confess, I was getting increasingly suspicious why they hadn't replaced the longstanding COO.
Now effectively a management team of ONE (excluding the interim finance guy).
16 years of consistently taking one step forward then two backwards since they launched on AIM!!
Yep agree. Does feel like some misleading has been going on as I incorrectly felt they were turning this around. Underground resource is probably still there but I suspect we'll be turned over as PIs to finance it.
buy out looks likely now imho.
Looks like we have been fed a load of misleading tosh about Cap O in previous RNSs.
Not good at all.
A shocker of an rns and that's me done
Surely got to make a material impact to the next production update
Should be a big year here 10 bagger I hope
A nice update.
And looks promising....
.
Where do you think these will go short term ? We only had a 12% rise this week so very disappointed as was expecting 30% or more
A very brave man dumping these now and a few are!
Holding up well, feel like mm's need shares!
Here can see 30% plus this week
Went to add 3k shares but no interest I think there is a large background buyer here
Neve expected gold to rise so much in 2019. The higher ther gold price the more these are worth as we are a producing company. Not only that if we strike gold the just imagine the share price.
With gold price soaring above 1300 and low cost of production this really is a good investment in my opinion! I realise they missed guidance (only marginally) but considering the mkp is less than 20m I reckon we have a minimum of 500% upside this year
Going through the roof.... can feel a boom coming
These are starting to look much better again
Only a few oz's less, the production costs are low so I'm not to worried about it.
Agree with you Stew, all we need is good guidance for 2019, good exploration grades and this could fly.