Dead5 Dec 2015 05:12
I agree there is plenty of gold in the ground,
It won't be SMA digging it out though.
The government of Guinea won't care who gets it out though, and as you rightly say, the Chinese, the Russians..........
They'll have learned from their mistakes and next time, after SMA are gone, they'll pick a company with the resources to do something positive with the potential this land has.
There may well be a director prepared to put £100,000 in, but how long will that last when this company have burned millions to give an inferred resource from 7% of just one concession?
I was invested here a long time, and as far as I'm concerned this is very much a dead duck, and Mr Codders, despite my previous posts, few as they are, I did take on board what you wrote, and while I made a loss, it wasn't half as bad as it could have been.
I still don't believe you have a villa in Spain, drive an Aston Martin and eat at the best restaurants in the world, not that it matters what I think, but sometimes you take note, so I bit the bullet and on a positive note, I have a little less income tax to pay in the future.
This wasn't dead stock 3 years ago.
It is now.