Member Info for adamsmithfreethi

Ah thanks...!

What does RSI stand for in the messages below?

Thanks for the update JTD - I think there are going to be many twists and turns before AAZ can get any cash flowing from all of the 3 new sites. Even Ordobad is looking difficult at the moment.
For me the main thing is they continue to generate good cash month in month out. Ditching Conroy means they can concentrate of keeping track of the politics for recovered sites whilst exploiting resources in their existing back yard.
Sweat the local stuff and the other windfalls will follow....

Nor more Irish blarney!

C'mon Hunter it's you isn't it? I know it is. Don't be bashful - I won't tell Dad.

There hasn't exactly been a lot of buying on the rumour either!! More to do with POG myself

Actually gold may be formed by an even rarer event than a supernova. The latest theory postulates that the majority of gold in the solar system has come from an incredibly rare event that happened eons ago when 2 neutron stars collided.
Take that bitcoin pow - zap !

The problem with moderators is that they become gatekeepers and control the flow of information, often in connivance with company management . They can become a charade rather than any meaningful interchange between the managers and the people that actually employ them - the shareholders. For the record I'm not implying this was the case tonight. He looked a bit embarrassed with your soft auf wiedersehen. I certainly did hence my comment. It's a free world - or was last time I checked.
These type of events are no substitute for events like AGMs where not only are you free to ask the questions you want you can actually eyeball the management and get a real feel for the quality of the guys your entrusting your hard earned money with.
As with price sensitive information mentioned by someone else. Well anything said in a forum generally open to all should not breach the rules. After all much bending of the rules used to take place (pre Covid) between managers and IIs in cosy lunches at private members clubs. I think she/he is confusing price sensitive with commercially sensitive.

that whilst there were loads of interesting questions. Only about one of the them got asked by the moderator who seemed more interested in her final "killer" question at the end.
A wasted opportunity in my opinion

Junior miners are not the centre of interest right now. It's tough hanging on to losses looking at virtually everything else going up. My FTSE 100 index and PHPB holdings are going through the roof and even gold is holding it's own.
Still the stock markets attention is like a roving light in the darkness. It alights on some area of interest interesting things happen and then it moves on.
Right now all the junior miners not least HUM but also other metals based ones e..g Platinum are not the centre of attention i.e. in utter darkness!
Keep the faith - cash flow wins out in the end if it is deployed wisely!

Thanks Taser - informative....

Ta Taser - informative....

It all sounds very good. I'm no geologist but I do understand the importance of say a drill sample of 100m at 2gm per tonne.
I don't understand whether I should be enthused at ground samples as high as 0.8gm
Anybody care to explain their enthusiasm?
Btw I am a shareholder so am genuinely interested in the answer

As the bloke what is charged with approaching the management I can confirm the following:
- we are NOT looking for a closed meeting. If (a big IF) we can get them to come out of their shell it should be an open meeting capable of being viewed by all at the same time. Not some cosy business lunch (remember them!) with an II
- we want to control the questions so we focus on the Q1 report only. No shouting, no going off piste. Stick the salient points
- we have got a huge amount of expertise in the group (and this Board too judging by what I've read) we want to select the best placed people to ask the questions we all want answered

I hope that answers your questions. We are not a clique, just a bunch of exasperated investors believing in theoretical hidden value juxtaposed with the actual amateur results rolled out each quarter.
We just want the management to up their game. It should be a win win.
If we get brushed off then we do have other options but really we just want to be reasonable at this stage. So if you haven't already joined us - please do.

All credit to the man for coming out to explain the bombshell RNS. Clear, logical and persuasive. In marked contrast to other goldies like HUM I would add.
However, he'll still be taken to the cleaners by the moneymen.
I'd urge caution at this stage like others have on this Board...

Good advice.
Overall I can't make up my mind whether there scheme is genius or a green plan by green around the gill youngsters to grub up gold in Greenland. Appalling alliteration is know....

Tones7777 et al. Kadavul and I are playing a 2 hander on this one. Kadavul is corralling as many shareholders as possible into the group to make a request for an interactive meeting to discuss Q1 as powerful as possible.
I'm going to make the request to management and pursue them until we get an answer on way or the other. Attendance at zoom meetings really is only for your own interest in how we are progressing with our objective. If you are satisfied with the broad thrust of what we are trying to do, fear not, you'll be kept updated!
However, if (and it is a big if) we get a chance to quiz the management on an interactive basis we do not want a free for all. We want to zero in on just the Q1 report and the immediate operational outlook and ask a small number of relevant questions to be covered in depth. To do this we'll need the right people who have the best knowledge of the areas we want to cover.
From reading your contributions we may want to ask you to field one or more questions at this stage. However, we have to get to that point first!
Let's see how it goes...

TBTT et al - have you joined our little pressure group yet? The sort of questions you pose are exactly the ones we want to put to DB. Whether we get anywhere I don't know but we are not going to disappear quietly...

Sorry I missed out a not. I'm NOT saying Manolete is as scam but....

I looked at this back end of last year and after sifting through the accounts couldn't decide whether this was a scam or just a misadvised venture. That is until I saw that it had been floated by Better Capital. I am allergic to PE a the best of times never mind companies floated by them. I left a few postings summarising my views (yeah yeah I know nobody loves a smart arse) and went away.
However, I didn't expect things to unravel as quickly at they have.
Any word of advice to anybody who will listen. Having followed the share prices of companies so obviously doomed as Wirecard, Intu, NMC, Nikola, Thomas Cook, Intu and now GameStop (now the activists have moved on) I am amazed that people hang on hoping for something to turn up. And it always does - it's called delisting! I.e. you lose all your money.
And I've been there too! A couple of Chinese clothing companies listed on AIM whose valuation looked too good to be true. After sparing with others on this and other Boards I came to realise these were scams. I sold both immediately crystallised £30k loss and look back on this episode as one of the most formative experiences of my investing life.
Now I'm now saying Manolete is a scam but I would urge any investor to be honest with themselves and ask, is my staying put a result of a fair assessment of the company's underlying value or just simple hopeless inertia?
GLA!