Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
You are one of the more decent posters on here, others are bots and parrots.
Ukog is another good example 100 bn barrels possibly in the weald basin horse hill but had the rise and initial exited masses and now sitting stagnant at 1p approx
Not many made money on this company but I’m still hoping but as an experienced investor can honestly say heard it all before and recognise the sheer desperation in some posters response to any type of criticism
You will only make any decent money by the company being taken over not by sitting on oil, so if let’s say for example 20 p was officially offered then market makers would price it in accordingly ,if the offer Was rejected and that s that then price would crash down back to a few pence , even though it been valued at more, it’s all a big game,look at the Falkland Oiler’s there sitting on mega mega proven reserves but company price is only valued at a fraction , Any good news and price rise will be sold into , it happens every time with every share, this will be no different , the shares aren’t held tightly
Im also a long term holder waiting for double figures, don't knock us for coming back to the forum, we will be probably still here long after the rest of you have sold up and moved on,waiting for a bit of our initial investment back, i have seen the big talkers come and go and the crazy prices predicted always especially for xmas never come to fruition.
This time it does seem to be a bit more promising, but as always its in the hands of the MMs, who will exploit us whatever the true value of any company is worth
Zengah
When this JV gonna happen, as its looking like the company cant take any commercial opportunities unless there is a financial backer , company must get suckered in by a possible JV then for it to go tits up and give themselves away, I'm hoping they have a few eggs in different baskets rather than the one.