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You were asked directly, why do you post just a full stop.
You haven't answered that.
If its to push down topics, then yes that is manipulating the board. That's not me being unkind, it would just be a truth.
I did say it might be because you don't know how to create topics correctly too.
If you are doing it to manipulate top topics, push down others, than I fail to see how you can throw stones at anyone else as your actions are no better.
And if you honestly think no company has gone under which had HNW individuals involved that I would suggest you do more research. I picked Lehman to give an example of how no one is to big to fail. I could easily have picked one of the thousand others. Sirus Minerals had HNW individuals involved. Did that stay afloat simply because of them? Nope.
JC - I didn't think I would utter these words. "One , and One for All"
I would say that appears a succsent and fitting summary JC.
Regardless of what I think, I want option 1 lol.
Well there we go . Play the old Manipulation card.
And pull Lemham Bros out lol. Lemham went thanks to Sub Prime, and to think we won't see a raft of US Banks repeat this is like believing Jim Cramer was only wrong once .
The Manipulation is the answering back on the threads created by others who are putting out a line - dangling the bait too see who will answer and promote their Thread with " **** offers ****". and there you go you keep posting what they want to push.
Does it really matter in a Nutshell not very much as the stock is suspended.
However there is clearly a poster here that seems to having nothing else to do sadly - and that is nothing to do with GCAT, you see it on many others, it could be for a variety of reasons . So I don't really fell it's appropriate to engage for them. Jersey Crew has rightly come on to post about the misrepentation of facts .
Even Warren Buffet took a hit on Paramount . Best not to stress over things that cannot be controlled imo.
If you are entering the Junior stock of Miners as Rick Rule said - If you aren't prepared for it to be down 50%, you aren't prepared - or something along theses lines. This isn't Newmont, Barrick or Wheaton . So expect a rocky road. However being full of rage and negative thoughts all day isn't helping anyone imo.
Lets face it most of us fall into one of these camps in their thinking:
1. will come out of suspension and will turn good - hold / top up or trade
2. will come out of suspension but still doomed - sell
3. will not come out of suspension - no decision to make
Any other scenarios?
Over to the auditors....
I’m most definitely not running scared Bebeto. Far from it. With all the nonsense you’re posting that sounds more like you are….
Citing HNW isn’t a weak comeback whatsoever, there’s not many HNWI’s out there that chuck $780k into something in the hope it fails so they can declare the loss for tax purposes.
You feel the need to argue down everyone else’s points, opinions, even facts, but expect everyone to accept yours, the fact you post so often says it all really. I’ve been on LSE several years now and have posted 242 times, you however have posted 3,321 times, we both joined LSE in 2018 a few months apart. Like I say, says it all really.
Caracal is no different to so many other AIM and Main market listed companies then repeatedly make promises and fail to deliver. Some go under, do a reverse takeover or continue and tune thing around. By they’re are many far worst run companies than Caracal.
Funding collapse was down to a legality, not Robbie’s failure. He’s worked hard to keep the company going to date, although I agree, he has most definitely overtones and under delivered. But when you’re trying to run a company single handed and be everything to everyone he’s bound to drop some balls and make mistakes. How he’s learns from this mistakes is key. Let’s hope he has.
We have a new Chairman, I say new, he’s been in a while now but we never hear from him, he never communicates to us shareholders, in my view he’s failing us more than Robbie but that’s purely based on the fact we know nothing about what he’s doing, how he’s helping or what he’s achieving. If anything.
Once funding hits and we get new board members, as has been RNS’d, hopefully Robbie can concentrate on his key skill areas and let others do the things they’re good at.
At the end of the day we all want this to succeed, I’m convinced it will, eventually, and we can all laugh at your posts, scaremongering and nonsense posted on what clearly is your only job and purpose in life here on LSE. I certainly don’t have the time, or care to post as much as you do. I’m only posting this and taking the time to do so as I’m waiting in a BT engineer to fix my broadband.
HNW individuals is a very poor arguement to use imo.
Many a stock which has gone under was previously funded and had HNW individuals money in.
The whole idea that they just won't let something go under has no history or facts behind it.
Yes they have wealth, but that doesn't mean they will just keep pumping good money after bad. Everyone has a line in the sand for whens enough and dispite the fact some of us might view things as rosey or having great potential, it doesn't make it true or a view everyone else will have.
Its like the old line "to big to fail". Tell that to Lehman Brothers, tell that to the literally thousands of big timers which have hit the walls over the decades.
Offsetting losses is the same. Its not some magic money tree. Its still a loss and while it can reduce a tax burden, I'm pretty sure most would have just not have lost in the first place.
GCAT could become a great success or it could fail, but either way will have zero to do with the above two myths. It will be because the company can make a good enough business case that if you fund it, it will provide you with a larger return.
Tell me about it. I view it as an attempt to manipulate the board by pushing topics they don't like down the page.
But it could just be that they don't understand how to create topics correctly.
They're running scared because they don't want a shareholder revolt and probably by the time there would be one it would be too late.
The weakest comeback is to say HNW individuals have invested but they use their losses as a tax benefit which mitigates their risk.
Why do you post a single full stop Folio ? You do it quite often and I don't understand it. What does it signify ?
.
Hodgeyd,
The RNS updates every UK listed company issues is to update the market, all entities /investors can use this information to form a basis for them to make investment decisions about the said company.
The particular RNS segment that you have taken issue with, has actually helped form this thread title and has nothing to do with the date or an old article not issued by the company.
I've reposted the segment at the bottom and understand this:
If the Company continually fails to deliver it's aspirations set out in a RNS then the market update cannot be relied upon to form a basis for making investment decisions.
There's no point in having a mining expansion plan, no point in raising funds, no point in relisting on the market if none of them can be delivered.
RM has continually failed to deliver, the company has actually declined significantly and therefore in my opinion he should be sacked, he's totally out of his depth.
The Company had issued to the market an official update from the CEO on delivering the Company's aspirations for the next 12 - 18 months.
A lot of money was invested on the back of such an update as the one below and he failed to deliver.
RNS 8th October 2021
Robbie McCrae, CEO of Caracal, said, "Our focus at Caracal is on rapidly delivering on our strategy of becoming a +50,000oz p.a. producer and building a JORC compliant resource base of +3Moz within the next 12-18 months. Whilst we will continue to increase production at our Kilimapesa Gold Mining and Processing Operations, in parallel with this we will be focused on our aggressive acquisition strategy and on our exploration activities on our mining and prospecting licenses at Kilimapesa where the potential to increase our resource base is significant.
I would just ignore Bebeto, he's just a walking contradiction who has wasted many a day of his life on this chat board instead of doing something useful with himself or for anyone else in his life. Every few weeks when I glance at this board and still see him posting here it tells me he's likely a very unwell individual. I hope he gets the help he needs. x
@Bebeto…….AGAIN
You say you’re not bothered about old articles, but you had just posted info from October 2021 in your message immediately prior. Make your mind up or are you just telling everyone else what to do and ignoring your own advice?.
If you’re not bothered by old articles why quote them?
Bebeto, I don’t feel the need to big up Robbie or constantly post positive things just because I have a holding here.
For me it’s been a long and very frustrating 18 months almost, not ideal by any means but am I worried, no, not much at all to be honest as even if the funding doesn’t land straight after re-listing they have other HNW individuals waiting in the wings who have already sunk quite decent sums of money into this and they won’t want it to fail due to a lack of funds, so I’m betting they’d be more than happy and willing to offer more funds if they’re needed, to protect their existing investment, they’re not stupid and only invest if they are very confident of a good return.
I pretty sure we’re close to getting ducks lined up and newsflow starting and being told that the company will come back fully funded, and reading the way last nights RNS is worded suggests to me that funding is all but waiting in the wings for things to get back to normal and prospectus sorted, accounts/audit done and we can move forwards.
People here are just seeing the basics and seeing just negatives and constantly posting negative comments to fuel others fear and scaremongering.
A lot of non factual posts too which doesn’t help.
I’m not wearing rose tinted specs either, I’m just seeing things for what they are and taking all past information into account and keeping a level head based on the facts.
I remain cautiously optimistic of a good outcome here and will continue to do so until official news comes out to the contrary, although I don’t think that’ll happen.
I think Im compelled by the contrast of you insulting most of everybody here, multiple times a day, while simultaneously playing the victim card at anybody who calls you out on it.
Why do you feel the need to reply? Clearly you're not in this conversation as your condescending reply suggests your motive is to discredit and intimidate me into not airing my views because you don't want to read them.
You know how to resolve this and that is by you using the filter facility.
Have a nice life.
Beginning to think the thing you've been saying twice a day for the last year? Yep. We got that.
LW,
I meant I'm not bothered at this moment in time, I haven't ignored them (if it's what I think it is about a family member).
There's a whole host of things that need to play out and then we can see the direction of things.
I'm beginning to think that some people are in so deep they have no choice but to publicly display a positive attitude towards RM.
The rest of the world can see the gravity of the situation and the possible collision course.
Imho it's naïve to ignore them completely, when you consider what has happened to GCAT. But I'm not invested here, so don't need to worry that too much.
I hope there's a happy ending to this suspension for those of you invested here. Can't be easy this, especially if you have a sizeable investment here. GLA
I'm not bothered about old articles, we should be calling for an EGM and have the BoD removed before the pending car crash happens.
When I read some negative press. Particularly when it is sudden and shrill, I like to check some of the source's other material to get a fuller picture of the credibility of the source.
JC - there are articles online and anyone can google them. I don't know if these articles relate to the same people as in GCAT, which is why I posed the question. Others might know better.
Legalwolf - it is one thing to air things - we have been airing old ground time and time again here.
If you have facts please share them and the relevance to GCAT please.
JC - it doesn't matter what is posted right now, or what seeds are planted, the share is suspended. It's open season right now. Might as well air everything in readiness for relisting or bankruptcy/strike off, whichever ends up happening.