Member Info for antigua18

You have to laugh at their persistence. Devoting hours to tell us all we’re wasting our time investing in this dog of a share. Trying every tactic……..no production for two years…….placing round the corner……..production costs will go through the roof……..gold is too deep……pi’s selling and no manipulation etc.

I’ve also noticed the odd post lately complaining about Shaun and lack of info/news. The truth is we have an excellent CEO who has gone out of his way to keep us updated with his many interviews, in fact I think you would be hard pushed to find one so willing to communicate and is so approachable.

On top of all their bull they try and convince us they bought in single digits and sold in the 30s, but unlike genuine investors who sell up and move on they feel the need to constantly remind us its worthless and we’re all fools for believing in the company.
This is an organised tag team working for a master to demoralise for motives yet to be revealed.

With all this going on it’s more important than ever that we hold the line as their end game is for us to throw in the towel or have us accept a low ball offer. Well they’re not getting my shares without a fight!!!!

Avo, people have tried to get petitions going on here to try and get it debated in parliament, sadly they start out well but fail to get the necessary numbers to force a debate. Such a shame considering the problem is getting worse as the greed of the manipulators grows. To my thinking it should be classed as fraud since it’s supposed to be illegal to manipulate the markets or a share.

From what I see, the UT doesn’t usually vary too much from the closing price with other shares. However with GGP it’s often used to give a false rise or fall the following day when the share opens at a different price. It will be interesting to see where it opens next week.

What’s going on here is totally crooked! We can all see it, yet the powers that be ignore it. If this were going on in any other field then there would be an investigation.

That would be great Ben. Personally I would rather we drilled Scally on our own as I don’t trust our partners at present and would prefer us giving them the run around for a change.

I suppose in balance it’s fair to say, if NCM offered a pound a share today made up of cash and shares then we would snap their hand off.

Agreed, aim is an absolute joke, but not all brokers allow trading on Australian market so would be a nightmare for some to sell.

No way would I want Newcrest shares! Not interested in a share that’s not listed on UK markets.

Bottle, big thanks to yourself and Shaun, best interview by far. Not rushed like the usual ones and more like two fella’s chatting over a cold one, both relaxed and informative.
Looking forward to the next instalment.

As long as they disclose all relevant info the there’s no issue. Also GGP are party to all the drilling results.

That’s not true CB1984. They can make an offer at any point.

Rotherby, I’m hoping that is the case and things get better after the 5%. However part of me also thinks there is a strong chance the games will continue. The negotiations have become protracted which could lead to NCM paying substantially more now that it’s going to independent assessor. Although the presumed difference between the two valuations would be big to us, to NCM it would be loose change. Therefore it’s reasonable to assume they are after the lot and the games won’t stop after the 5%.

Interesting that Antipa use our updated resource to illustrate Havieron, even though it’s not technically been endorsed by NCM.

If we are to believe NCM aren’t interested in a buyout at this time then why all the games, not releasing an updated resource and stopping the 6 weekly drilling updates. Not to mention SB toning down his enthusiasm over the past year.
Also why would anyone risk playing round taking out shorts when the share price could accelerate at any point with news in the near term.

Timber, they are going to drill Juri and the Paterson in the second half the year.

Freddie, It’s not that your view is out of date but more about share price control and demoralising shareholders. Most of us will wobble from time to time the longer these games go on.
However is change on the horizon? Seems renewed pressure to drop the price and could be a last chance before news or the start of a new lower price range. Personally I may grab a few more if it drops much further , buts it’s anyones guess if we are nearing the bottom. After all this type of share doesn’t come along very often all said and done.

Freddie, whilst what you say about more being sold than bought used to be true, the murky world of hedge funds and shorts have completely changed the game. Nothing is as it’s seems anymore and Pi’s are being mugged over again and again by the big players.

Think about it guys, no chance of a takeover before the have secured the 5%. Why would they risk not getting full control with an offer that could be turned down. They need the 75% at the very least in my view and would be foolish to endanger it with a gamble when they can secure it relatively cheap as per JV.
If nothing else then the negotiations give us more time.

No need for all the threatening abusive posts, doesn’t help anyone. Genuine investors can only hope this does come back to market, but no point turning on each other.

Language is key ‘ Our intention is to move the paradigm from the option value being the PFS value which we think is too low to reflect the full understanding of that ore body and I like to think we're successful in doing that’ (thanks to Dipps transcript from SD’s interview)
SD wouldn’t say it if he didn’t believe he has a case.