Member Info for edzi

Rosewall and Money hawk
What is the matter with both of you, your making it up as you go along, DCM is owned by the Chinese who can't get the licence from SA to start work, they don't even want to start work in this climate because they have agreed that if they do they must employ 200 people. They are paying for the move and at the moment nothing at DCM is going on. JLP have siad that they have about £40million of PGM at the site which is theirs but they would need a licence to move it which is difficult to get. Why does it look dodgy financially, why are you saying that, why are you saying the DCM is/was a bad investment they have £40million of PGM there and when they can they will process it, It beggars belief how some people look at things.
Globally there has been a huge downturn which is only just starting, you have to be flexible and some things work and others don't. If and maybe it's a big IF, we put the FC in to INYONI and the Chrome price goes up 30% everyone will be saying how clever Leon is, even if it goes up 10% it's worth it

Good afternoon all
TC and TBTT Interesting comments and I agree with you, I have been thinking about this for a few weeks and my thoughts are for what they are worth is that because Zinc and Vanadium prices are so depressed and lead although enviromentally important is not so important they are concentrating on Copper and Cobalt and going where the money is. I don't think people have woken up yet and realise that the whole world will be in depression and prices will remain depressed for some time.I also think that if China make a move for Tiawan which looks certain it will make the West turn their back on them and cause even more problems. I don't mean to sound bad but you have to look at the facts and we are in deep deep trouble globally. The last time that happened well, read your books.. Don't say it can't happen again because it can especially with certain nutcases in charge, and I don't only mean Trump who I actually agree with when it comes to Foreign Policy

Minor miner
Why are you dreaming up such rubbish, Leon and Colin are a concert party,don't you understand you are just muck spreading. It sounds much better for Colin that JLP force the agreement rather than him doing something that GLR investors would look at as bias, that's why the initial agreement had that claus in. Why bother processing Zinc now when you think that the price will be better in 6 months. that's exactly what they are doing with the Vanadium. And further more JLP has done more for the Zambian government who are in agreement .

I think it's reasonable to say that Edmunds would not put his reputation on the line by becoming CEO if he didn't think a deal would be done. I agree that a conference call would be good but at least it seems to be going in the right direction

Minor Miner
If you believe what you have written, where else is GLR going to get their Zinc processed.
Sable is the only place in Zambia that will be able to Process the bloody stuff.
GLR and JLP are family and Colin will win whatever he does, he is so miles ahead of what ever people are thinking of him.
All roads lead to Rome

Nicetomichu
I agree but at least they are putting their own monies in. To me it seems like they may have someone but they want some comfort which will be done by extra drilling.

Hi All
There is a great stock called Goldstone Resources. The shares are on hold at the moment because there is a small adminisration problem to do with nominees in Jersey, this is irrelevant and the shares should come back in a couple of weeks if not sooner.
They are tiny, but they are 8km from Ashanti Gold in Ghana who are mining 70million oz.
About 55% of the Company are in 2 shareholders hands who are going to do the work, they are fully funded and have 250 million shares in issue and do not issue shares for finance. I am not ramping and I am not asking you to invest but someone on this board wanted to know about gold stocks, Fantastic opportunity if you are patient DYOR

They don't have a buyer then, if they did they wouldn't be presenting this on the site.I'm sure that they want to get the SP up but to me it's going to be a long haul

Although the share price has had a good day, it needs to move mountains to get back to over 2p and I personally think that anyone who thinks that this is going to 20p is in the land of the fairies .
If this gets to 7.3p as Align has said it would be remarkable .
People are pricing this as though the minerals have been mined, they haven't

Stretchum
Other than the rubbish ramping you give on this board why do you always say no stock when someone
has just bought close to 8 million shares. that tells me that there is plenty of stock if you really want it.
I wish you would stop ramping and be realistic,

Daytrader
That's what I have said, the situation to me was Pathfinder Moz and Pathfinder UK held 50% equally.
Now the Chinese have purchased Covaco 50% that means PFP UK own 50% Chinese 25% and Velose 25%

Hi Logic
Just for clarity, do you agree with me that the e position was Pathfinder Mozambique has 50% and half that being the Lawyer's Vecino holding has been purchased by the Chinese, leaving Veloso with 25% and Pathfinder PLC with 50%,

Hi GKB47
Thanks for your response, Fully understand now,

GKB47 and Snaffleman
Firstly and most importantly, I'm sorry for your troubles and I hope things turn up for you soon.
I also have a business and so do many of my friends, some in the travel business and some in retail and they
are going to go through some very tough times. However I don't want to get political or have an argument
but I can't understand why you would blame the government, what would you of wanted them to do?

Hi Kalan
I always read your posts with great interest and think that you are very aware of what is going on and I respect your thoughts.
You are one of the guys who seem to call it right however I think when you have situations like we have today charts mostly go out the window. It is interesting to see that with JLP there have been more buys than sells as someone is hoovering up shares 1000000 at a time so they seem to know something. As for the price of metals well I think they will all bounce back quite strong when this is over, I am also pleased to see that whenever JLP get's hit hard by the MM's they always bounce back . Lei's hope that when things settle down we will start to appreciate again.

Hi Jammer
Your post I find very interesting and I have learned a lot fro it. I also hope that the next project they get is Copper/Cobalt as these metals/minerals should hold their value in the months ahead which could be horrific. There is an interesting article in the Telegraph by Ambrose Evans Pritchard about what is going on in China and the Coronavirus. Although he is always doom and gloom the mixture of what is going on globally will create squeaky bum time as Sir Alex Ferguson said
Let's hope that JLP who has very low gearing and low production costs ride it out

Dingo (very apt)
Why do you want quarterlies from a Company that is not trading? The only thing they can tell you is how much cash is left
Align Cannot sell or buy as this would send out certain signals to the market and be deemed insider trading.
I don't mind discussing anything as long as it is factual and accurate but you are making it up as you go along
I am well underwater here and very very frustrated and yes I could lose all my money but it was my logical choice to buy shares in PFP as to me no one will win if they all walk away from the table and because of what has gone on in the past they just won't want to go to court again. when push comes to shove it will be take it or leave it and if Covaco the General or PFP walk away they get nothing. in fact they could all lose their positions, I think that when you find out that Covaco (the lawyer) and the General who were so bent they tried to shaft PFP find they have nowhere to go something will happen.
When you deal with low life people who are greedy they normally always collapse at the last minute and all of them are the above

I think you will find that JLP are more profitable per ounce and obviously will be more diverse and we are not linked to mining

Am I right in thinking that JLP cannot state profits unless the PGM's or Chrome are actually sold, I think that there is a time lag with this so maybe this is why the figures although they are good are not what people are expecting. You also have to remember that last year's figures included a £5million exceptional so really the Company made £2 million last year and £8 million in the following 6 months. The deal with Eland in 80/20%

Although I am really ****ed off to say the least reading the RNS could mean that they want to do a deal with the original investor but they have not achieved the price they want so they are looking around as well as maybe getting other projects.
As far as dilution is concerned Align have put a cap on it as there was always going to be some.
In too deep to sell so will have to wait, hope I live long enough