The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Chancers, good that you have had a look at Wres. MM has done load of interviews on v o x so have a listen and as we all say DYOR. I think long term here and think where the share price will be once production ramps up. I got £2k of my hard earned in here with an average of 0.35p. I may add more in the coming weeks.
I remember’t days when we didn’t even have a road, just a track and a handful of hot tailings from a hole in the ground covered by a sheet of tarpaulin, But you know, we were happy in those days, though we were poor. But you try and tell the young people today that... and they won't believe ya'.
Yes, Planning on checking out V O X over the weekend, Its just the share was recommended and i know, the best people to ask are the people who are invested.
BTW, Thank you to everyone for replying
Chancer, there are RNSs to read, there’s the website and podcasts. Certainly you should go your own research. Personally I have expectations relating to a profitable investment here. Each to their own,
I would just like to say THANK YOU to
I would just like to say that you to GETINTHERE and Kalan for their informative posts, Shares like these can at some point be financial, But considering the risk, its worth a small punt with a view of a long term view, So basically, Buy some shares and forget about them and only invest what i can afford to loose. You never know, in 5 years it may be a multi bagger, Will look more into it over the weekend. GLA with your investments
I realy need him to be no more than half of s..t. Just enough fish to cary on fishing
Chancers
Much of what Kalan posted is correct however in terms of the gold WRES have a drilling licence and have proven a small amount of gold as a result of drilling, there is a difference of opinion as to how the gold lies in the ground, ie wether it is relatively horizontal or sloping downwards, and further drilling is one way to resolve this, also trial mining licence has in fact been applied for and it’s hoped that we will get that licence later this year.
Additionally the latest $5 million borrowed from BlackRock was not restricted for use at la parilla and indeed it was stated that some will be used to set up Regua which has a prospective 1300 tons per year output, and some for the gold project.
Finally, WRES is due to receive €5.3 million from the local government of which €3 million has been borrowed against at1.75%
There are many very long term investors here and all of us have an average much higher than the current SP, but much much lower than the prospective SP if we hit the production targets.
Hope this helps.
They have started up a Tungsten Mine (+tin) and it is ramping up production. If it reaches the designed production there will be enough money to pay all costs and make debt repayments and leave plenty left over to fill the coffers of shareholders. The price is depressed because the project over ran and needed to borrow $9 million more than planned and the designed production has not yet been proved to be realistic. The CEO is not trusted. Once la Parilla has proven itself the share price should be much higher and there is another smaller operation being set up for Tungsten at regua. there are also gold assets but they are some way off yet but a small scale mining licence is being considered.
I was recommended this share yesterday, by someone who owns shares in this company.
Can anyone tell me some good reasons to buy that i may not find during Research.
I know the CEO owns a chunk of shares, So that's a positive, But will spend time over the weekend researching it, Just like to hear your views and good reasons to buy