Member Info for beardozer

" I have read alot about the iron ore market in general and prices and supply and know a lot about acquisitions in general, so I doubt you can teach me anything in regards to that, but looking forward to your comment of what you think will happen, and even more important WHY?" I give up!

Please don't question anyone's intelligence! I get the impression you're American but WTFDIK? And why would any gentleman crow about how much they paid? If you're currently 75% cash congratulations! I don't believe a word. Jog on.

Isn't it time you joined the real world? Who are the "other guys"? Come back simonthezealot! Is your money still in the bank?

Big deal! It didn't last and neither did ORR at # 3. I've read the comments about ZIOC's "worth" and it boils down to whatever someone's prepared to pay at that particular time. I think we could have a long wait! Or the Chinese could make a relatively low offer which most of us LTHs would be happy to accept. Not that I can imagine much business being conducted at the moment but WTFDIK? Can't help thinking the value of all assets must plunge post-coronavirus. Funny how $trillions of "wealth" can suddenly evaporate.

Except simonthezealot hasn't been invested in ZIOC while the rest of us have watched our investments shrivel. Dwindle's not strong enough!

Someone was happy to accept 0.209p for their 30,000 shares - why bother? Surely the upside is worth far more than the cash?
In times like these LOGP and similar shares with almost no hope (but willing backers) will suffer. Bottom drawer etc. Go on a cruise (if only you could!) Do something constructive. Today I got a puncture repaired and Kwik-Fit charged me £27!

All this new printed money must be good for Gold so why are punters selling Gold to buy US Dollars? The chickens must come home to roost sooner or later but the Market can remain irrational for far longer than punters can stay solvent.

Unfortunately, that's the way the cookie crumbles - ghastly cliché for which I apologise.
The fact is that timing is everything - another cliché which is all too true?
Where does it end? The other week I joked to a friend about selling everything in the expectation of buying back at half the price - how right I was! Shame I didn't follow my own advice but who'd want to be out of any of my investments over the weekend despite the crumbling of civilisation. The scariest thing I read today was that the NHS will be forced to ration intensive care - over 60s will be left to their own devices.

Why blame China for coronavirus? Why is it devastating Italy and, apparently, not China? Two unconnected people I know in Cambridgeshire had the symptoms around Xmas/New Year long before any official announcement. Persistent cough + it knocked them for six. Biological warfare? Maybe. A low oil price doesn't help the planet so I'm hopeful Saudi Arabia will be persuaded to mend their ways and not commit economic suicide.

Buys to sells 28-1 and the SP stayed put. The Italy connection must be to blame and I'm shocked at 627 deaths in one day.
And their health system is better than the NHS! I think the US is going to be the hardest hit so I can't understand why punters would sell Gold to invest in US dollars. All this new money must lead to very high inflation except who cares about Basic Economics? False news.
Can we still look forward to PXOG revenues exceeding the Mkt. Cap. ? Yes we can! And that's without Spain - supposedly the icing on the cake.

Most of us don't know what we're talking about but you know even less! Thanks for all your warnings but none of us will "fall victim" despite the very disappointing current SP. Why isn't it 30p instead of 3p considering the upside? Mr Market knows best.
Rest assured we're all hoping for a lot more than the IPO price and Glencore's current SP is irrelevant but I'll be happy with a takeover @ 100p despite hoping for much more. That would be a 10-bagger for me and then I can move on and invest in a myriad of other hare-brained schemes. You might consider re-investing at this price!

Spam fritters? I think you've given the game away! Interested to hear you're supposedly a LTH in PREM - the classic AIM lifestyle company. Someone needs to write a book about them. Unlike PREM, ZIOC hasn't felt the need for endless placings to finance the Directors' lifestyles. It's all looking extremely grim and I only hope a hedge fund buys millions of shares in ZIOC. If they don't it speaks volumes.

" CINE seems safer than other covid challenged companies." Really? 6 months without customers? The more people stay away the more attractive going to the cinema becomes but it costs a fortune to have 2 people watching a film.

I'm holding not folding in the hope my faith is rewarded. Surely Ireland wants to use its own oil and gas? Why would importing it make any sense? Not sure about the jackpot here anymore - I'm down over 50%! In the present climate any Barryroe deal is going to be disappointing but WTFDIK?

That's the spirit! Why did I ever think the only way was up? Saudi Arabia is shooting itself in the foot and could go bankrupt if they insist on cheap oil which, of course, does nothing to save the planet. More joined-up thinking required on all sorts of levels. I remain confident PXOG is very under-valued. Good luck!

...for far longer than investors can stay solvent. So don't risk more than you can afford to lose. This week I increased my holding by 33% as ORR looked the best port in a storm. 100-bagger? I live in hope.

ZIOC shareholders are immune to coronavirus! Post-coronavirus China will be looking to show "business as usual"
and invest $billions. We all live in hope while wondering why ZIOC didn't bounce yesterday like most other miners. Only wish ZIOC had delivered a jackpot by now so I could invest in major miners currently yielding over 10% per annum. It was a bloodbath this week but I still felt the urge to increase my holding in ORR by 33%.

Yes, a very strange share. With such a low SP. With so few shares available. Yesterday it was briefly up 43% before the balloon was punctured. Until the Management announce something definite it's always going to be a Pump'n'Dump. I'm invested in the hope that it's extremely undervalued and we're looking at a 100-bagger. Other hare-brained schemes are available but also note goldmines not too faraway have been sold for mega-money.

I know you never mentioned Coronavirus but its negative impact only reinforces your supposedly negative view of ZIOC. Why would LTHs care where the SP is if we're all expecting a multi-bagger? Admittedly, buying cheaper increases the multi-baggedness but none of us (even you) know when a takeover offer will occur. So, once invested we're too scared to sell but we're all agreed that there will be a jackpot and hopefully within our lifetimes. You make a fair point about being "in denial" and "gambling addictions" but how does the Economy grow without us? Certainly not by depositing your cash in a bank that refuses to lend to growing companies. In your world we'd still be riding around on penny-farthings while ZIOC investors are thinking of buying a Bentley whenever their faith is rewarded. I can't believe you live above a chippy - that would be paradise for me!

This board is starting to remind me of a Carry On film!
Which is very welcome - when have we laughed so much since?
DrRemington - you almost lost my support after mentions of "agenda" and "my bad" - Aaaaaaaagh!
extrader - always elegant! Why not audition to play James Bond?
simon - we all wish you'd stop trying to save us!
Just about to cook a fry-up! Investors have to eat!