Member Info for Davie46

Can't see the cobalt coming to the companies rescue. For one thing the DRC is a very dangerous place with ethnic cleansing and corruption at every turn, so it is beyond me why Roger Murphy would put the gold drilling to sleep as TheReverand calls it to concentrate on a speculative cobalt drilling programme.(not that I have any faith in Mr Murphy anyway. )

I find it hard to understand why with people including Roger Murphy so positive about the Ferensola gold tests they decide to get involved in the DRC which appears to be a powder keg of unrest and fighting with ethnic cleansing. If we had a competent CEO the Congo is the last place you would want to take employees too, and risk everything.

I stand corrected having read the comments again, however in the same article he also quoted other excellent drill results. I find it very strange that after his statements at the end of September last year we move away from this so called excellent prospect with near surface gold deposits. I have no faith whatsoever in Murphy and still ask the question why not mine the gold that would give capital for the cobalt suite works.

As you say the gold resource has yet to be proved either way, so how irresponsible was it of Roger Murphy to state the gold resource was verging on a bonanza. Questions should be asked of why a man in his position would make such a claim, knowing he could not substantiate it.

Will be very surprised if we are not still in this position next February. With salaries being paid for another year we will be told they need to raise more money.

My point is that we have been told that we have iron ore, coltan, gold and cobalt all commercial prospects, what next oil ?

Reading my email from Monday again I should say that the last reference to coltan should have read cobalt.

2015 we were told Sula were confident they would be ready to start drilling for Coltan by July of that year. Quote from Roger Murphy on the 26th September 2017 "Ferensola gold grades verging on bonanza". Now we have Cobalt as the in product to talk about, my point being I have heard it all before and don't believe a word of it. If the near surface (as we were lead to believe )gold was verging on a bonanza where has it suddenly disappear too, either the reports were false or there is something very much amiss here.

Would the above person please put the lights out, close the door and pay the final electricity bill because that is all that is left to do !!

Here we go again with Coltan going down the same never ending road as Gold, for month after month it was drilling and sending samples with good results coming back. Now somewhere along the line of communication the truth got lost as the " near surface gold resource" never got mined and now we are to believe coltan is the answer to our prayers. Sorry but I don't believe a word of it

How much longer is all this going on for ? getting very boring.

Yes behind the moon, crashed and destined never to be seen again.

I accept that this can happen to the occasional logging but every one since 9 am on the 17th January is stretching it more than a bit.

Load of tosh.

Yep.

BZT fundamentals show for today 1,651964 sold with no buys, also back to red or blue the last blue shown was at 9am on the 17th with every trade since being red. Now I can accept the occasional mistake with a blue being logged a sell but you are stretching my imagination to believe all the reds since 9am on the 17th have been logged wrong.

You are either colour blind or don't believe what you see but I repeat a hell of a lot of sells

One hell of a lot of selling going on hence SP in the dog house.

I have also made some howlers in my time buying and selling shares. My worst has to be buying HCM at �4.80 and panicking a few mouths later as the share price started to slide and selling up at �4.40. This was when I had just retired and took an interest in shares after having bought into Dragon Oil a few years earlier. As for HCM they are currently trading at �57.00 each,

I wouldn't call you delusional, as I said everybody has there own opinions and I respect that. Findahappyplace makes the point about averaging down but having bought in here at 38p I would need to risk a hell of a lot more money to do this and no way am I throwing good money after bad.