Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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That’s rubbish. The share price went up between the Badile gas shows RNS and the news that the find was sub-commercial (not a duster). The well wasn’t abandoned until September after tests were finalised. Why tell lies ?
Lossgain, certainly a first in all the years I have been here. I thought we had a pleasant moment of abstinance & self reflection...either that or punters reached their boredom freshold & could not be bothered to post!
John, no worries - as per your instructions...I wont defend you!
No doubt James Parson is someone without honesty. The company shoud distance itself from him and that would be a sign of a new direction.
No posts yesterday, a first, or perhaps censored.
Levelup - Sorry but Badile was a disgrace. As someone else put ' Significant Gas Shows to total Duster within 2 weeks, with a whole lot of sellling in between. They had plugged it before the duster RNS too' - Highly suspicious. Don't even get me started on TE-8.
Don't defend a turd.
The grizzling, as you put it, is because people invest in these shares not realising that most AIM shares are only really fit for day trading, myself included. I have started to move out of all of my AIM shares and now I have more time doing some opportunistic trades now and again. AIM and INVESTING are 2 words that do not match.
John your right. I am reasonably good at investing and did well riding the ramp selling out on 20 bagger with sound. Horrified at some of the losses sustained by novice punters. Also when will they stop grizzling.
It's not fair to suggest he was out to con people but I do agree somewhat that he managed to attract people who were simply clueless about what they were investing in. It worried me when one person asking questions didn't know TE7 was part of the TE5 horst.
The share price is where it is now because people who didn't know what they were getting into think they've been scammed & no one wants to be a part of it anymore. Any new investors are certainly going to be deterred just by reading every other post on here.
I appreciate it's difficult to forget the past but if we look at where we are today it's madness the share price is at 3p. In simple terms we've just sold HALVE of Tendrara for £85m but our market cap is £32m.
v
Never borrow to invest .
I think Parsons could th e mood just right. Many pensioners who could, courtesy of George Osbourne, dip into their pensions or had done well on the housing boom suddenly found the internet. Parsons was masterful and told people exactly what they wanted to hear. For many this was their first proper punt or investment, without understanding the first principals. They were swept up in the hype by the pundits and channels like this board and twitter, dazzled by the Gherkin.
Parsons knew his audience and knew exactly what he was doing.
I think this is a one off social media ramp. Most bruising has been suffered by £1k to £5k investors some who borrowed on the ramp. Deserve the caining they got.
Gaspunter - They are all blow and no show. Typically grumbling do nothing brits. This is why Parsons pitched a lot of this stuff in the North of England and Scotland in order that the punters were at 'arms length'
John 11234. I have thought for a longtime. One of our hot headed posters may visit head office and go postal.
There was always a boneheaded assumption that 'someone on these boards' was making a threat.
But people fail to forget that it would only take the wrong sort of Russians or Albanians to have lost large sums to Parsons antics for things to start going bad.
Unfortunately he will get away with it. Until he comes face to face with someone. Satisfaction
After a lengthy and informative chat(not fireside) with the FCA, I have been advised that any information, that shows/documents the actions of/lies and miss-leading statements made /instructions given, by Mr. James Parson during his tenure as CEO of sound maybe of interest to the FCA. Please send such details to consumer.queries@fca.org.uk