RE: It’s all in the spread10 Apr 2018 16:00
Something's stinks.
Looking at the activity'
April 2017 Quarterly Report - Was the supposed Tanzania acquisition of a farm-in, a fantasy, just pulled out of Bandy's backside? Let's choose a country, any country, pick Africa..Tanzania will do. Can imagine the board doing a random pick, like some do with the Grand National. Mentioned also that 3 other parties were contacted but nothing came of it. Sounds like Bandy can't close a deal.
31st Oct 2017 - "Red Emperor signed a binding Heads of Agreement (HoA) with an experienced Oil & Gas exploration firm to identify a number of strategic leases in California". This is the laughable bit however;
"The Company looks forward to updating shareholders on this exciting new venture over the coming weeks."
That is well over 20 weeks ago but all we have had is that the heads of agreement has been signed and a few figures, that is it..
Where are the updates on this? Who is the company we are dealing with?
For me, "coming weeks" means just that, maybe 4-6 weeks max..but what is it now 5-6 months.
As for Philippines (SC 55), what a joke, shareholders knew this was a waste of time when Hawkeye was a dud, but no the company seemed to want to give an impression it knew something...wasting 3 + years.
The only thing keeping me in, is that it still has plenty of cash, and the share price can move violently. (hopefully upwards for one). Always have that feeling that they want it to appear to be a dead duck so people move out of the share.
Greedy people will always have one more bite.
Rant over, but jesus, this can push your patience to the limit.