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Pmsl. I get the picture. Lol. Some of us are still dragging our chins on the floor with this, but only because we are so far underwater we may as well wait for either a marginally better sp and claw back a bit more, or, the sp will cintbe left with absolutely bugger all.
Eric- I didnt feel comfortable invested in this dog. My research when i first invested was on the 80 earn in and the 249er along with the hope of mineralised gold extensions rns. I got 3 correct but the sp hit the floor like a ton of lead falling from a great height. My mistake was that the amount of shares in issue is getting close to the population of south east asia. very poor mistake but feel better out with a loss than in with a sore chin. Felt like i invested in a landfill site that was covered over 30 years but is now heavily producing gas but it is too dangerous to extract!! What a dump of a share.
I agree matey. The 0.0249er(s), unless they have been given assurances, won't be too pleased at the moment. Why would they pile in if they weren't aware of further news to come? This smells like a cheap musk. Lol.
You double-posting buffoon! Howl.
Yes indeed.....I bet there's a few .0249ers just about getting ready to sharpen & polish their tools for some unspeakable insertion techniques in certain suitable recipients who they may be feeling fleeced by .... we're safe though ... or are we the bad guys? I never can work that out .....LOL
Yes indeed.....I bet there's a few .0249ers just about getting ready to sharpen & polish their tools for some unspeakable insertion techniques in certain suitable recipients who they may be feeling fleeced by .... we're safe though ... or are we the bad guys? I never can work that out .....LOL
Pmsl. I can't even walk. My chuff hole has expanded so much that my legs have parted irreparably and I just slide around leaving a slime trail in my wake. Meanwhile, Birdy dictates our fate from his 24 carat gold bath chair, as manservants dispel his tag nuts with tickly brushes. Ba5tards.
You & me both buddy seen my cash dwindle massively over the last 4/5 years here....never have so much been given by so few... to even lesser few eh !!! The rusty sheriffs badge has taken enough bullets from ORE ....I noticed after that last ridonculous placing it's even got a hole in it !! LOL At the moment I can still walk away with a couple of grand instead of the.......oh on there goes that hole again...... & the eyes are welling up!!!
Unusual situation, that's for sure. The 0.0249p shares don't seem to have been offloaded yet though. Or at least the volumes haven't appeared large enough to reflect that. We need news now, rapidly, to keep the sp above 0.02p. You'd think that if we'd have spent the cash to make the 80% earn-in, then that money spent would be a complete waste, without someone coming in to help us kick on with the project. Two weeks without any supporting news and I'm going mate.
Are we back to the tumbleweed days....
At this point I can't disagree with that mate. The plan doesn't appear to be tailored for the Company and its shareholders, as it should be, but for the BOD, to keep the wages flowing.
Eric :-) Colin Bird's involvement has become something of a red flag for investment IMO. His presentation at UK Investor Show this year for Galileo I thought was truly terrible. He seems to start with an investment story for mug PI's and then look at the (usually poor grade) mining resource to try to make it fit. ...rather than the other way round. Meanwhile his nice salary keeps flowing.
Yes, we can't trust this lot to do much, as we already know. JV or that's it. Couple of weeks and I'm off, if no further news. Cheers Jib.
Aye, I bet you slept like a baby. Enjoy your day matey. All the best.
Wressmycase- take care, it's a shame it would have been nice to hear at least one person made a profit from this share. We will be at 0.015 by the weekend! The BOD will now dilute or consolidate and the dilute further. There is no operational cash coming into this business without a JV. It simply has a very short live now if it cannot attract a significant financial support. The quote of X million grams or ounces will not be taken to the bank. Inho
i slept soundly eric- peace at last God damn what a mistake though :(
They must be watching this one, surely. I'm having a sleepless night now because of this crap. Nothing to do with the thought of your rusty body parts. Lol.
Where da fook ar day.... why aren't they asking questions... If they be needing any ID they can have a big pic of me rusty sheriffs badge to flash at Birdy's cage when they rattle it.....that should get his pecker up.
Even without a dilution at 0.015p, due to the 0.0249er buying so many shares, we would still have had raised eyebrows, fear of insider knowledge perhaps, because we usually witness very few trades per day here, but with the terrifyingly low-priced placing on top of it, almost simultaneous with the premium buyer(s), the alarm bells came right out of the big alarm bell closet and sounded right next to our fookin' ear'oles.
The thing is, the 0.0249er remains a mystery. Somebody bought all of those shares and we don't know who. The timing was fishy and we can do without that kind of drama. I don't think it was a coincidence. Someone has made a killing. In my opinion. I hope the FCA is checking into such activity. Without the placing at 0.015p, then it wouldn't have raised shareholder alarm bells. Anyway, you are out and clear now, so perhaps better not dwell on this and put it down to experience. Don't look back. If you start twitching, just think of how many billions of shares are in issue and look at the amount added in the last dilution, in return for the very little amount of money brought in. That should frighten any fooker. Lol. Best wishes.
"I think we are being strung along. Any CEO with good intentions for shareholders would not have raised the last amount of money at 0.015p, if the prospects at Mutsk were very good. It would have been an irresponsible act to have committed." The birdy had me tricked. If then 249er wasnt buying at a premium to the placing I would not of invested.
Unless we receive news within a fortnight re JV or Mr 0.0249p, then I'm thinking it is a case of business as usual. Limited drilling, variable results, average overall, soon to be closing up shop for winter again. Serious cash burn for the wage bill, no JORC unless we raise more funds via dilution and drill further after April next year. I mean, does the BOD want to seriously make progress or not? Where is the JV? The Mutsk earn-in, if there is no supporting news very soon and of a progressive nature, can be seen merely as another exercise to keep the ORE clock ticking over and the duffers in employment. I still feel that we are being led a merry dance. If nothing of substance by way of news materialises, then I'm off. Sometimes it isn't about the money. The recent non-disclosure spotted by Jib implies BOD ineptitude at best. Worse case is that the BOD may be corrupt. Not saying that it is, but we still have no real plan of action going forward. Mutsk has to date only undergone very limited exploration. Why did nothing happen the year before Birdy arrived, and why no apology to shareholders from Ed? I'm afraid the lot of them can't be trusted to keep us informed, or, in fact, do anything thoroughly at all. Good evening gents.
Aye, too many shares and still no JV. High wage bill and the BOD isn't sure as to the extent of Mutsk, which should be known by now. I think we are being strung along. Any CEO with good intentions for shareholders would not have raised the last amount of money at 0.015p, if the prospects at Mutsk were very good. It would have been an irresponsible act to have committed. Looks like it was. You are better off out of this in my opinion. Glad that you've done well elsewhere, so the blow from your sell today will be softened. All the best with future endeavours.
Thanks. If an rns like that cant shift the sp then nothing will. As you say eric- too many shares in issue. It will come good one day but didnt give as much as i thought on the rns. Doesnt matter mate- i made big profits on another so no big deal. Take care eric. It will come good one day mate but its too murky for me.
Best of luck.