RE: Platinum hits 10-year high!20 Jun 2025 07:28
hi pebsi, helx2 filtered me after a debate about ai albeit somehow amazingly can still read my posts so he's the one who has an issue. i'll debate anything to the end of the universe quite happily if someone remains civil but he's not the kind of poster i gain any benefit from, just empty ramping vs any research.
however, i think a lot of the latest lot are just here waiting for a silver inspired herd spike to make a quick buck. they're planning on trading the herd as it hopefully stampedes in vs interested in the company particularly. some are openly stating that as you know.
as for holding the board to account, even if we could muster enough votes you really need powerful and connected mining experts as major shareholders who could replace the team leading that kind of action. its just not feasible for a bunch of retail pi to do anything and once things go down that route, it's never pretty...
perhaps chris can get something done with han**** in next year but we still have this board full of lifestyle types now and connected to half a dozen other lifestyle type companies.
not sure what to say that might reassure you mate and sincerely wish i could , but short term if that herd does stampede in based on just investing in any silver play with zero due diligence and progress on han**** is still glacial, well i know what i'll be doing.
were i sat on the outside looking in now, this company would no longer pass my due diligence where i'd enter with a new position so the above seems the best bet to get a decent exit to me. i never thought this would be a ggp but a potential 7 to 10 bagger and should have exited after han**** mre but thought they might have made progress on eh too which was the real motivation for having invested.
adapt or die as they say mate, so you might have to revise your strategy too and perhaps just take a lesser hit on your paper losses. i don't see a long term position here making sense personally now but dyor and obviously, things may play out differently in the mo ths ahead, we'll see what chris can do but honestly... we've been down this road many times by now.