Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Whilst i agree you should call him out. You cannot win an argument with someone who has firmly picked both sides. If this jumped in price to 25p a share on Tuesday, he would be claiming his fortune and telling everyone he is off to buy a new car. If it dropped to 0.5p, he would claim he was right all along.
You cannot argue with a fantasist - its a pointless exercise.
The glory of the faceless internet we have today.
Stas can freely discredit the company with 30 posts a day for the next 1-5 years, if he proves right and its all a big shambles, he is proved right and the go is boosted to a level that none of us can reach.
If he is wrong, Art gets the JV, the production up etc etc and COPL does start trading at 50p+ he can claim he is a very successful investor and has 3% of the company.
You cannot argue with someone at a game of heads and tails, who actually wants them both - so why bother trying?
So thats really the weird bit - everyone involved are convinced its all lies - yet still hold - thats the closest definition to insanity i can think of.
If all are convinced its one large big con, why would you hang around?
I can only assume its the same mentality that when a real life relationship breaks down, they stalk someone for years after instead of moving on.
Sorry Stas, but grow up.
This is investing, its a big boys game, FTSE100 companies have from time to time collapsed and big players who know far more than you or i ever will have lost massive money.
This is a small overseas company, the risks are obvious. Trusting a CEO is your choice no one elses. I dont like him, i have a very very minimal holding based on the fact it could, if the stars align, be very lucrative.
Continuing to hold after being conned is crazy, if thats how you feel.
These companies sadly are not regulated as they should be, if they were i'd encourage you to contact the FCA etc, but thats a pointless exercise and always has been.
CEO's come in many different guises, think of COPL's as an estate agent, he wants your money, your choice is to understand whether what you get is a damp one bed flat, or a castle overlooking the sea, for me the potential is worth a small dabble, event if a dont like estate agents!!
Sadly its turned into a very unpleasant forum, as always with something that is so highly volatile.
AM could murder all in here, just as likely is the rabbit gets pulled out of the hat and some serious money to be made at these levels. The weirdest things is definitely those that hold but see no good. Its all a conspiracy etc. If you put your money in a bank and thought it was going to go under - you'd move it, it really is that simple. Losses are part and parcel of the game, even if you are at a 50%-80% loss, why would you hold if this has no future? Truly and utterly total bizarre.
Weird how many on here are against Art and the Company for various reasons, but willing to share personal information with a faceless individual on a bulletin board that's been totally infested with allsort's this last 12 months.
I'd be just as inclined to take my Uncle up, who i never knew existed but has kindly left me $3.5 million in a Nigerian bank account.
Despite the very large amount of news/info contained this morning - still the silence continues.
How do people in general view this now? Is this part of the NDA? Is it just a stubborn CEO who is sick of criticism? I think any holder hopes its the former. But you'd expect some explanation and detail of what today means for the company, even if its selective hand picked questions (as most of the interviews are).
I cant believe Walter is back - whats this his 6th or 7th reincarnation in about 3 months, all to chat about a stock he makes 10% out of - that really does sound like the workings of a multi millionaire!!!
Even better accusing other posters of being insurance salesman when he is desperately trying to pump his mates subscription only tipping service.
The internet has allowed the deluded a voice.
For those still holding, good luck, due to AM's actions its going to be bumpy, but with a straight bat (thats the bit to worry about) the asset value should out, in some way shape or form, but difficult to trust the CEO who doesn't have shareholders value at heart.
Goldfish - as an outsider looking in the one thing putting me off (outside of AM) is the lack of TR1's, how is it possible to have only had 1 of these in the last 18 months which such volatility - when you see some of the daily figures, sometimes 25%+ of the total shareholding of the company is exchanged, but no one at any point has dipped below or gone above a threshold?
Its impossible to believe and just muddy's the water further.
If we were to see a few TR1's i'd personally take it as very good news for holders, in that someone is asking for a tidy up - big companies dont like getting involved with poor paper trails!!
Walter back at it again. I bet only mentioning his winners. Before his 3 month jaunt which seemed to last 10 days he was pointing all towards the virtues of Longboat at about 26p, check how that's going.
I hope the New Year here brings you long term holders great reward, it certainly looks as though the things are finally aligning.