Member Info for aiminvestor

If they receive a grant or sale of Union Carbide, why would they also need a placing?

What price did you first pay to invest in VRS out of interest?

"It is a known fact that a certain proportion of bulletin board bashers are market insiders who have a vested interest in forward selling their companies positions to make a fast buck when the next (heavily discounted) placing comes, they want to deter prospective buyers and destroy sentiment so they can close their naked short."

That's not correct.

A spiv broker alerts his clients to a financing, and the client tells him to short the stock, say, 100,000 shares, and then buy 100,000 shares in the financing. He uses the financing shares to close his naked short.

The action of the naked shorting is what drives down the shareprice, as sells overwhelm buys in the days before, virtually guaranteeing a profit for the shorter.

Quite often of course a stock rises on no news just before, and then a "discounted placing" is done, and then the price falls back to where it was, locking in the placees.

This is called "liquidity" by the market, you and I might call it legalised theft, and why AIM is dying.

"A scoping report is a critical early step in the EIA process"

Exactly, a very small early step, still a long way from feasability studies, years in fact. And those cost quite a few bob, so i guess the placing hat will be passed around a few times in the interim.

Why not look at some miners moving forwards, with production and expanding, rather than this one that's stood still for around 30 years funded by shareholders paying the directors saleries?

There are plenty around if you care to look, Canada is a good place to start, easily tradeable with UK brokers online, such as Hargreaves.

Sadly they cannot magic these things up to satisfy nervy shareholders.

It's clear they are behind schedule, but that's normal for a mining project, these things aren't as easy and straightforward as some people make them sound.

If you've used good money management you don;t need to worry, if you haven't and you're too nervous maybe time to sell a few ?

Gingy,

Financiers don't use the latest spot price, they use a trailing VMAP over a period of years rather than days

Obviously the tin price helps a lot, but you also need a competent management team who know how to finance and commence production as well.

Gingy,

What are the anticipated production costs that you have seen?

David,

LOL! Well momentum is taking the price towards the 7p level, so we'll soon know!

Gingy,

You always seem so nervous!

They are trailing along the trough on the Lassonde curve, no substantial news is expected (IMO) in the near futiure to drive the price forward, so investors go looking for a quick trade elsewhere in the meantime.

And the refusal to officially deny the rumours put out on social media was a mistake.

It should be a mine, it may well take longer than expected, (they normally do) so use proper money management and don't go all in on one stock you have fallen in love with.

Have you checked the company website?

"Refurbishing and dewatering the Cooks Kitchen shaft to take about a year from now?"

Is this a new video?

VIS,

The company have never refuted the 7B rumour in an RNS to date. This is really disapointing, because when you have invested in the markets for a while you will learn it's what is NOT said in an RNS that you need to fous on!

They are going all round the houses there, rather than simply saying the 7B rumour is false.

I personally think this reflects badly on management (poor judgement), and have not invested as a result.

I used to think the rumour was false, now I'm simply not sure, and I prefer as much certainty as possible when investing my own money, don't you?

That's because these are commissioned interviews where the company is a sponsor of Proactive, so don't expect any searching questions as the object of the excercise is to portray the company in the best possible light.

Clerly a sponsor wouldn't entertain paying for a negative interview or article.

Still no official denial of 7b, was it mentoned in the interview?

The point you're missing is that this is an easy I win I can;t lose bet.

If management were that confident they could buy in the market and then they would truly be "aligned" as the other poster claimed.

CUSN set the option price very low, whch doesn't portay a lot of confidence of a much higher price, I would have been more impressed if it were set around double the current share price.

Shareholders are diluted by the options of course, it's a placing by another means.

As I said before, it's an easy way for mamagement to make money without taking any risk, whereas shareholders have to buy in the market and take full risk. There is no "alignment" IMO.

Noclue

"Pretty much every statement you’ve made including the incessant ramblings about 7b that doesn’t even and has never existed."

I have never said 7B exists, please find a post where I have ever said it does.

I am asking the company to deny it exists, officially, via RNS, that is completely different and they could do so if they woshed, but until now they haven't done so.

So you are completely wrong, and lying to posters here when in fact you cannot post an example of a single "false claim" that I have made!

Please prove me wrong and post an actual example instead of a lot of gibberish to try and hide the fact that you can't!!!

Noclue,

What "random rumour have I made up" Please tell the board.

Please give me some examploes of my "false claims", even one will do.

To clariy. we are all in the dark as to why he left, and yes I do know him, but wouldn't ask him directly, if he wanted to say he would do.

I do know what he's up to, it's not exactly a secret.

So, please provide examples of my "false claims" for the board to read, I'm looking forward to that,

Well CEOs don't normally walk from well paid jobs. I am aware of his current status and I am surprised he would have made the switch when he has brought CUSN this far, it seems a very strange time to leave to me.

The fact that he is involved elsewhere rules out personal or family problems, which makes his departure all the more surprising to me. He is a good guy as far as I know, so it just makes me wonder.

The recuitment of a new CEO seems to be taking a while too, when you would think there were enough candidates for a company at the stage CUSN is at to take it through to production.

Valuation,

"The company has done the equivalent of stating in an RNS "

No they haven't, they have done everything BUT confirm by RNS!!

You should ask yourself why they won't make a simple confirmation by RNS if the rumour is as untrue as you seem to think it is? It would immediately clear things up, so simple really.

My other "concern", as I mentioned yesterday I think, is why Richard Williams departed so suddenly?

CEOs with secure jobs don't normally just up and leave for no reason, hence my "concern".

Other than that the share price is moving along in the development phase of the Lassonde Curve, and there are no obvious immediate catalysts to change that.

No,

THe solution is for the company to issue an RNS denying 7B and everyone can move on.

They don't have to issue an RNS denying it, but you have to ask yourself why they won't do it when they clearly can do it?

There's absolutely no reason preventing them from doing so.

CUSN have not proven 7B doesn't exist any more than the rumours have proven, there is doubt, and a simple RNS could clear that up permanenently.

Quite why you oppose such a simple solution is beyond me.

Nice try, but "may not be required" does not mean it can't! They can if they so choose!!

And in this case they SHOULD (IMHO) respond, because it wuld stop speculation and focus investors back onto the positives of the company.

There is absolutely nothing preventing them from denying the rumour, and many companies often do simply to put it to bed.

I really can't understand their thinking, or are they being badly advised?

Oh no I'm not.

Nobody has shown me an RNS where 7B is mentioned to date.

When they do, I'll be satisfied, not before.