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Listen. The Mirriad concept is an absolutely beautiful idea. But....
This is a lifestyle company. They are laughing everyday at shareholders. They spend £26500 a day on what. Stephan takes home a whole torso of all funds raised and then claims oh it won't work so lets sell, NO BUYER, Then next year we will have to close shop if no funds raised. And next year will be the same thing.
You either have a paid ramper on here or he will disappear like he did before once and if he ever breaks even again.
People have invested in a great idea, sadly the management are not fit for business.
Refer to BIDSTACK, it will likely be the same stunt here. Aim is dying folks. If the ship is sinking, stop drinking sea water and seeing fairies. Get off before it's too late.
This has Bids written all over it.
The diehards there, were posting ad impressions increasing every day. Bids was working with all majors. This went on for years.
Until the ground finally gave way and shafted everyone. They were due to sell this last year because it had no way to generate money and no one bought it. Now it's the hottest thing, apparently
Smells of bids.
The placing price is nothing. All indications point to this dropping further below the price. If not this month then later in the year.
They have nothing solid to offer. We have been below 1p in months past. It stands to happen again.
Take the placing to keep the lights on or wait and hope others do and then get in lower. There is nothing to propel this forward. We will still be loss making this time next year.
And LOTM is right. Why are we only hearing about C4 and Sky now.
Why didn't they announce this prior to April the 6th and give people plenty of time knowing full well people save to fill their ISAs.
Their salaries are a joke. They live a lavish lifestyle mocking everyone of us. Next after taking a salary from placing they will spend circa 10k on shares lol and people should be pleased?
The sp will drop to 1.25. And since they have nothing to sell to us, no tangible achievements or deals to expect. It will very likely drop further. We have been lower before.
They have plans in place if this raise fails btw. It does not matter to them either way. Except the much bigger salary via us.
Absolutely disgraceful.
And the resident ramper vanishes into the abyss. He's pumped about 50,000 posts in the last week. Now speechless.
2Phevs
Worth taking leave and get some rest and let the price tank and settle.
Then return at full strength with your incessant posting of useless links and how we are working with companies worth billions.
I won't forget when you sold and came on deramping about a better competitor.
Mirriad is a brilliant idea in the wrong hands. It is an amazing concept. I have seen a few similar companies in the past get destroyed by management. And when the company finally finds it's feet. They pull the plug strategically and take it private. Bids etc.
The board needs a complete overhaul. Good luck all. The price has been lower than 1.25 with far less shares in issue in the past year. Don't be surprised if it drops below 1p because there will be no news worth manure this side of the year or next. The next significant news we are waiting for is next years placing. So until then, peace and love.
This is a lifestyle company, we are all being taken for fools. He's sitting there laughing in some 5 star hotel, with champagne etc massive salary giggling to himself. I'll post some stuff on social media and shareholders will eat it like starving animals.
Last year this same company gave up and was put up for sale as they saw no way forward. After endless placings in the past. No one took the bait and they returned, no sale, no one wanted to buy it. Instantly, they have deals with top tier companies that can't be named. Nothing has changed and nothing will change.
This is a lifestyle company and they are taking us all for fools. 5 million and 50% discount. This is not Sar that has a product in preclinical with results due in a few weeks time.
The cash burn here is ridiculous, no one is using Mirriad. Break even is years away, of possible. There will ne more placings next year. We've been down this road for years.
Mr Magorium,
And which one of those based on where we are is the most likely. Am not sure holders are in the strongest position to turn down whatever price they offer?
With no news to stop the slide, it will likely test the all time bottom. That's around 0.53 so might dip just below as the last remaining abandon ship.
Sell now, wait and buy in at the new low of 0.50. Plus placing is due so that will be lower too.
There's no funds and no news, and price keeps dropping drastically. On the losers leaderboard for two consecutive days now. Scary stuff.
Ramping drove the price rise, traders paradise. Price will likely keep dropping. Could drop as far as 0.50 or less. So worth selling and securing profits and buying back in later.
Why hold a paper loss. When you can sell now and buy back in at under 0.50 amd double your money?
On Lex, we are used to the price not moving on buys.
Last year, solid buys after buys around that 0.34 price. There was a period of multiple buys kissing past 100k ignoring the regular 2k, 4k, 6k bhere and there. Yes there were sells, but they were out matched by buys.
Sp dropped. And kept dropping.
He who has no sin, let him cast the first stone
Meanwhile people are busy buying up Lex for when this replicates Haile Gold mine. Even a quarter of what Haile achieved is a success. Then times 4 or 6.
Currently and more due, TR1 is now overdue, £32,000 was bought in two trades to end last week.
1. Orasa aka Doris
15.06 % 39,390,187
2. Pure Ice Ltd
15.06 % 39,371,636
3. Mark Greenwood
13.00 % 33,994,999
If you don't like marmite, don't buy it. Move on. Simples
Ps. We've all suffered a loss somewhere, clinging on will only hurt us, not the company. People should stop marrying stocks, buy, sell, move on.
And Goodluck, after all, we are just here improve our lives.
When this finally breaks whatever is holding it, am expecting a decent rise. I've seen similar happen to another Gold discovery company.
Let's enjoy the quite days, when the right news lands, so will the p and d crew. But looking forward to serious gains from this.
Not sure the source of this resistance but it will crack eventually.
TR1 is overdue.
https://twitter.com/LexGoldLtd/status/1366342780897869826?s=19
Drill rig being set up at Jones Keystone Loflin