Member Info for gmed-2

I've never thought that placings in themselves are a bad thing. As Funky says, if the money is used wisely to buy hard assets that will eventually result in greatly increased profits, I'm all for it. I'd rather have a smaller slice of a much bigger pie, than a larger slice of a small pie. Actually, I'd rather have profits and dividends than pie, but you get the idea.

Dennis strikes me as a very decent chap. For a director of an AIM company, that's amazing.

If we can't make any money on the share price, Mrs Gmed says she'll be happy to be paid in diamonds.

Same message, but it just hasn't got the poetic beauty of "falls of its own weight". In any case, you lose the same amount no matter how you say it.

A successful trader once told me, "on good news shares rise, on bad news they fall, but on no news they just become victims of their own weight".

Dennis can't invent news that just isn't there, but he might let us know how things stand with the mine and HMS every now and then. The lack of an update on the mine, especially, would be a joke if it weren't so annoying. This company has a very long history of non-communication with its shareholders, but there's no reason why that tradition has to be maintained, is there, Dennis?

Let's not get TOO carried away with the diamond valuation. It's not only weight that determines price, it's also quality and we don't know much about that. I'm not sure how important quality is with industrial diamonds but it must play a role. In any case, it's still very good news and will definitely add value to the company's SP.

Slowly but surely we move in the right direction. If there's one thing LTHs here are experts at, it's patience but that patience will be rewarded.

Might also be an RTO of Exxon. What do you think, BP?

I like his balanced approach. He's positive, but still gives a detailed list of risks and possible problems.

I've finally figured out what a "transformational year" is. It's a year in which nothing much happens, but you're transformed into someone a year older.

Yes good news would be great, but regardless of where things currently stand, it's time for an update of some sort.

PS - I hope the Australian gold mine didn't get buried by the load of snow that fell there yesterday!

That may be true about the delays, but Friday's trading seems to say that the next RNS will be a quite positive one, whether it has to do with the license or is on some other subject. So I wish you luck with your australian gold mine, but I can't help but feel this might not be the best moment to be selling KZG.

Wot??? No RNS??? What's the point of having good insider information if you don't profit from it?

Leaks like a sieve. RNS Monday, no doubt.

Many thanks for taking the time and trouble to answer my question in such detail. I'm pretty sure I wasn't the only one who got a lot out of your answer!

BP - First off, I want to thank you for sharing your technical knowledge and experience with us over the years, both as BP and in your previous posting incarnation. It has been a tremendous help for me and I just wish I had listened to most of your warnings earlier. I hope you won't mind if I call on that experience to ask you what you'll probably regard as the stupidest question you've heard in a long time. The question is: if all that fluid has to be removed, why can't they just put a hose of some sort into the well and pump it out? Thanks!

Perhaps this is a very stupid question, but if they're planning to delist, why don't they just do it now and get it over with?

Must be the Silly Season