Member Info for GETINTHERE

Ponfiegh I think that some people have addictive personalities, and others just get drawn into it because they feel they have nothing and no way of getting anything, so they end up on drugs and or committing crime, some people have little or no self confidence and when there are few jobs about struggle to become employed, and of course there are a small minority who just don't wont to work (those I struggle to feel any empathy for I’m afraid) Like you i don’t have the answer, but I do think that it may we’ll be worth the government going down the legalisation route that other countries have had some success with, because at least it would assist with some of the horrible side effects such as violence and prostitution. It is a sad world at times.

So it was about drug addiction and the total lack of support to try and help people with their addictions. Dreadful, oh what a world we live in when so many people feel that they have no hope, and consequently no aspirations, so they end up trying to get away from their unfulfilling lives by getting off their heads with drugs! Terrible!

Hartlepool is just about to be in the bbc news something to do with drugs

Tempted 1 sell at 0.441 for £2k Looks like most of us holders have no intention of selling at these silly prices!

Trumpton All start up companies have issues and none more than start up miners mate, but so what, just look at the fundamentals here, we are now within weeks of increasing our production to levels that will when fully achieved bring us revenues per annum greater than our current market valuation, that is just plain crazy and the SP will not stay where it is. As I said earlier if I had more cash easily available I would be buying more, because to me this really is the opportunity of a lifetime.

Trumpton Are you still holding shares here mate ?

Although, no doubt the derampers will try to put a negative spin on it ! I just wish I had more cash that I could easily lay my hands on because the SP is not going to remain where it is for much longer, I am expecting new yearly highs at the end of May, then June and then July, as the news flow happens.

L200 And now he has the cash from the 0.42 warrants plus the €3 million drawdown facility, so no further placings will be needed and he can now get on with the string of announcements that we are all waiting for without any concern that the SP won’t react as it should, due to worries over funding prior to full production.

They have the facility to draw down €3 million but it doesn’t say they have done so. My view is that this is good news as it puts to bed the oft quoted idea that there is another placing on the way, MM has secured the right to draw down money IF it Is needed, and at a very good interest rate if he does so. What’s not to like? Albeit that it is unlikely to make much if any difference to the SP. (now I have posted that comment watch the SP move significantly!)

To get an interest rate like that clearly the bank has no doubt that we will get the grant in quarter 4 as expected

An interesting development borrowing €3 million against the grant at 1.75% for 15 months

Dreamy I entirely agree that without doubt that massively helps them.

Dreamy It’s all a game as I am sure you know, the MMs will manipulate the price based upon all of the buy and sell orders sitting on their books, so if loads of people have stop losses set at 0.41 for example then don’t be surprised if the SP suddenly dips to 0.41, and then don’t be surprised if without any apparent reason the price to buy shots up so that they can sell the shares that they bought at 0.41 at for arguments sake 0.43 or 0.44. They play the game and as they create the rules they win no matter what, it makes no difference to them if the price goes up or down when little trading is actually happening so they adjust their call and offer prices to get things moving, they make a profit on every trade no matter what the price, that’s how the market works (for them) Anyway it matters little if like you and me we are going to hold and wait for real news and real progress which will bring a real upgrade in the SP and real profits.

I have to pay a standard charge of £20 every 6 months which covers my trading and ISA accounts with lloyds

STV Yep agreed I missed your point ! I am very optimistic in regards to WRES, I think those that hold will reap great rewards, albeit quite a bit later than many of us had hoped ! but because I am also a pragmatist and realise that any start up miner is going to have set backs along the way I don’t often get wound up when a problem or delay occurs things will pan out, black rock didn’t lend us $35 million lightly, hence why since the funding was agreed I have now pretty much tripled the families holdings Good luck mate

STV I care very much about the price we can sell our tungsten at. As Kev said if we hit our production target for la parilla, Every $5 increase in the price is worth an extra $million and I’d like me you are intending to hold onto shares because you want the promised dividends then the higher the sale price the more the profit and the higher the dividend- simples !

Thanks for the links Mullins it’s great to be reminded of all of the usage that tungsten is put to, demand is strong supply from China gas and is weakening so the price logically must rise and it’s already $30 per mtu above the level used in our fid What’s not to like! Come on you WRES

They look good but do they taste good

Kev The US and China will eventually sort things out, but in the meantime surely the US not buying tungsten from them and the other nations mentioned has to put upward pressure on the price of tungsten and with its usage as you say being increased things look to me to be very promising indeed.

Chocolate digestives, your sights are set low, why not splash out on kitkats all round - plain chocolate mind you none of that milky stuff