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'Last year I was on the cusp of buying more into here.' Gosh! That's some admission after promises in previous years that you would not buy more and average down! Had you then a flash of hope back then? Now back to Mr. Grumble and calling for a hero to save the day! https://www.youtube.com/watch?v=LfmrHTdXgK4 As TB suggests, we know very little, so maybe your hero already landed at the beginning of April? Happy St. Andrews day tomorrow to all, R.
''Directors converted the £2million loan at 60.58p and they know more than 100% of this board '' Of course they do.They also were in a position to know if SGZ was able to pay the £2m. Last year I was on the cusp of buying more into here.How daft was that?.I have tried for years to hope I was wrong and this would come good,Alas I have abandoned all hope.This mine should have been at the end of it's working life by now,not just starting.One of my grand children was starting school in 2010.H e left school in the summer.Makes one wonder.TB,keep waving the flag, you are a stalwart of the highest degree.I wish you well.I fly to Spain on Saturday.I wait with baited breath to see what tripe Nicola comes out with.
BBB, The good people of Tyndrum know a lot more than 99% of this BB, the locals aren't the ones doing the selling ! ______________ Samson Word is Scottish gold was sent off to be refined a few weeks ago. ______________ Directors converted the £2million loan at 60.58p and they know more than 100% of this board
We're talking about £40k volume against a capitalisation of ~£40M, so 0.1% of the shares have caused a 4.5% drop, or a leverage of 45 times... There's been good news, there's been quiet periods, this share is cheap and ripe for manipulation. Look at what the big players are saying and doing... Probably see a few days of selling and then some re-buys, wait for next bit of news that will send it upwards, then quiet period where there's an opportunity to sell and bring the price down... getting all a bit predictable isn't it?
If you want to know the future then check out the past. Scotgold are incapable of finding gold and turning it into a producing mine on their own. They had after planning, one of the easiest gold mines ever. They are totally useless and better find a partner quick.
Ah, would that we all had the wisdom of Solomon RH!
yayay, 'never invest what you can't afford to lose' is particularly relevant for speculative investments in junior AIM explorers/developers. It's not a maxim I've adhered to and for that reason I have not always been in control of the timing of my sells, more's the pity. Of course I *was* in control in October last year, and like you failed to sell. So can't have any excuses!
Hello again, Eck, interested in you line "I need the cash". The 'wise heads' always say "Never invest what you can't afford to lose". But is it fair to apply that maxim to a share like this one? I think not. Who can say in 2010 what their situation is likely to be in 2021, and what they might need the money for then? This is very pertinent to myself. I am currently house-hunting. If SGZ had performed even reasonably well over the past decade, I could now be looking at property in a much higher price band than that which I can afford for what, at my age, will very likely be my last home.
No penny has dropped Baz. I need the cash. I’ve got out with (most of) my shirt having averaged down in the expectation this thing would get into production. You didn’t. It has.
The wild claims of multi-baggers and decimal points shifting were wrong as they almost always are. So were the predictions of doom and disaster. Again, that was my point. So long, and better luck next time.
Ok,the planning was delayed until 2011 but **** and bull stories we were fed was always next year Rodders.Like the rest of the disappearing stalwarts Eck,the long journeyed penny has dropped.Scotgold couldy run a bath never mind a gold mine.Remember this,each week there is less gold in the mine than there was the week before.The sands of time are running out.A merger might be the answer ,but who would benefit?.
Baz, for Scotgold tomorrow ALWAYS comes.............just will it be sunshine or rain and when do enough sunny days make a summer or rainy ones a winter? There is no rainbow and multi-baggers are for gamblers or crooks. Onwards and at times, upwards. GL, R.
A conference of 'quitters' is convened! Yet we hover in hope in the wings of this BB.
Eck, I must correct you on your 'exception for wise retired geologists.' Anyone seriously examining my posting record might reasonably conclude that I am that 'senile delinquent' I warned of on this board on my 70th birthday!
I first bought/received shares in utilities and corporation privatization at the time when Lord Stockton warned parliament that 'When you have sold all the family silver, only the pewter is left' and later when building societies were scrambling to convert to banks. I learned then that the only certainty is death and that life (and shares!) are to be lived and enjoyed for the day/month/year. Hence in the last 11 years I have not put all my (pigeon!) eggs in one basket and traded on my DYOR. This has given me small/modest profits, thankfully only a few small losses and it has been a bit of fun, but mostly a pleasure of sharing the company of those of common interest on this and a few other boards. A thank you to all for that.
Yayay, how nice to hear that you are back from 'Mars' and keeping an eye on us. Your inspirational 'tales of the canal bank' have enthralled us and are greatly missed.
Market sentiment changes over time and the wind is not in our favour. The loss of SG monthly updates hint at uncertainty and the posting of transparent achievement, setbacks and action is replaced by forecasts and bated breath that do not impress, despite having progressed further than ever before. The prospect of a wet and covid winter, guided by directional dyslexia as mimicked by Ant and Dec, gives little cheer for Christmas. Yet if PD can keep Cononish grinding on to achieve and maintain phase 2 production into Spring, then in the new year may be a good time to return. One step back, two forward?
yayay, it's no exaggeration to say that the antics of Miss Wemyss, Sir Jasper, Mr and Mrs Keeper, Champion et al have been one of the great pleasures of being involved here, capable of raising a chuckle amid the grimmest of corporate 'jam tomorrow' updates. Here's hoping that harmonium and halter are imminent - they and you deserve it!
BP, good for you! I'll be here in 2028 with the SP at 87p to discuss the latest fundraising to get Inverchorachan into production, planning permission having being granted in 2025. I might even be back in at that point - keep the faith, come on Scotgold!