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Seingred, I have been an investor here since 2009 and believe that classify me as a long term holder. My Average is a tad over 33p so even long term holders can still expect a decent return!
It’s not a lie, it is a genuine plan B, but as Mark has said, he expects a sale to take place, so is unlikely the plan B will come to fruition.
ISA, I am not questioning your investing strategy. It’s the tone of your postings …..I quote ’I guess back to Jims Golden no risk 15p’ posted at 0859, then at 0921 you state if it gets to 20p you will buy more. So are you going for 15p or 20p as the bottom????
I see it as decamping ISA. You flow with the wind!!!
Again, sorry to pedantic Punter, but it wasn’t a case of MC feeling the need to talk about plan B, but was a response to the question at 18:57. In fact at 20:47 he stated that he believes the project will be sold.
Well i don’t agree with that either Punter. He actually stated he wants to move3 at least one of those non binding offers to binding. I read that at least 1 of those non binding offers would be acceptable.
Ummm, tomorrow is Saturday!
ICB888, What Seingred is referring to is a bonus payable to MC on sale of the company. Originally Mark got a bonus if the SP was £1 or higher at time of sale, and a larger bonus if SP was at £1.50. In the end of year financial statement it now infers that Mark will get a bonus if SP is 40p or higher. No details have been provided why this perceived change took place, and what the bonus would be.
Probably more to do with pog. Currently $2046. Good to see it holding above $2000
Https://youtu.be/HMEX1ApmbbQ
ISA, listen around 8:20.
ISA, his actual words as I remember was before the start of summer
Seingred, from page 66 of the end of year financial report "In the event of a sale, there is a bonus scheme whereby the CEO is due a bonus based upon the share price at sale, so long as such share price is no lower than 40p". Interestingly there is no indication what this bonus would be.
***s reads another name for cigarettes!
And its not like buying a packet of ***s from the corner shop!
ISA, if you are so interested in the movements on a regular basis, why don't you invest in a level 2 account whereby you can see the orders that are trying to be filled?
75k of sharesaround 9.15 888
It was also unsolicited so guess it had to be announced as deemed price sensitive.
ICB, if that is the case, why spend money on buying a mill, spending money getting it into Nicaragua and then storing it. Surely the money would have been better spent on proving up more gold.
Polo, it was an exploration company.
Unless its a state owned Chinese company Simms