Member Info for greygeorge

As long as I've got you notrex, I'm fine.

Oh, wait I'm filtered, you can't see what my thoughts are anyway. 🤣

Lol, hotshot and tazed - why even bother telling the board ? Do you think anyone actually cares if your fee-fees are hurt ? 🤣

Yeah, see notrex, I'm as likely to click on anything you put here as I am to accept a raw fish delivered your putrid little sun-starved hands. 🙄

Wrong, as usual, notrex. 🤷

'...Oh hello Rrb - public holiday in the US today so I guess you're being paid overtime today eh? LoL..'

Rrb, please allow me to apologise for notrex's ignorance. He's not very well travelled, and thinks living and working in three counties (Still hasn't told us how many of those three were a shire) makes him worldly wise. Sadly, he doesn't know the difference between a federal holiday and a public holiday.

'...Why are the management not jumping in at this level?...'

Ummmm....They probably don't want to appear as being greedy ? They want o leave as many int pool as possible to let the common man have the opportunity to get rich ? Maybe they're wating for trek baloney to give them the signal to buy, by topping up himself ? 🤷.

Just saying.

'...You seem to forget it went to £13 a couple times over that period.

I am curious if you truly believe the stock go to 0 why not putting your money where mouth is and shorting the stock 🤔...'

You're right. I'm sure they were borrowers when the share hit those highs. Why would I want to short any stock ? The satisfaction of watching this one going to zero is far more rewarding than mere cash gain. 👍

'...We have Mexican stand off between the bull and the bear..is bear winning right now yes that reflected in sp...'

That's a bit of an understatement tazed, given the direction of this dog this past 18 months. 🤣

So, tazed, if you think this is true :

'...will drop more is possibly sure...'

Why do you try to deceive this board by stating :

'... I surprised the shorts still holding out, they only way they can survive and come on top is there collaborate otherwise there in for shortsqueeze attack against each other...'

🤔

Reaaly, tazed ? This you ?

'...No problem, I do not plan to reinvest my dividend simply due weighting this now has and my lowish entry of £9.35 so do not need to average down like a lot do..'.

'...Time will tell both cannot be right in the end...'

This is true. So. How's your investment in DEC panning out so far ?

'...they do not want underlying to go to zero that would be huge issue as they cannot return borrowed shares...'

Oh wow, you really don't understand anything, do you ? though, in one respect you do have a point. Why kill the pig when you can keep it alive and just slice off rashers of bacon when you're feeling peckish. 🤔

Tazed, why should the shorters quit this stock ? It's down over 60% in 18 months, it's over 30% down over the past month, down over 1% again today, you don't think that have been- and will continue - to re-adjust their holdings ? You don't think they've been selling the dip and borrowing on the rises ?

Tell me tazed, how do you think Bridgewater, or Qube, work ?

Tazed, do you truly not understand that shorters trade portions of their positions every day ? A drop or rise of .1% doesn't mean someone increased or decreased .1% of their position, it means that at close, the holding had changed by that amount. The shorters milk the rises and falls, as do the holders of the longs. Overall, the only way this share is heading is to zero. While you and the other suckers on this have your simplistic and ignorant views of what's happening to DEC, those IIs on both sides of the equation happily make money, rise or fall.

Tazed - '... I surprised the shorts still holding out, they only way they can survive and come on top is there collaborate otherwise there in for shortsqueeze attack against each other...'

I really don't have any idea how you come to this conclusion - Blackrock have only released 1244715 (about 28%) of their shares to the shorters to borrow, still plenty more to lend, if needed.

Rrb, you posted after 9pm - that's after notrex's bedtime. He'll be back at 7am though - unless his carers turn up late (I'm sure they're never in a hurry to get to his hovel).

'...Buy and hold for what exactly? A declining share price look at the performance over the last five years, with no further growth coming and a cu mine which is starting to see end of life not that far away.

Very disappointed here that over the last couple of years they haven't managed to make that transformational acquisition that is sorely needed to move this forward...

I don't think any share should be bought and held - not since the crash of 2007/8. the last five years though - being the time-span chosen by you, you could have bough 5 years ago at 190p, sold at 220p, bought back at 140p, sold again at 240p, bought back again and sold back again multiple times in that 5 year period. ending Friday at 189p. All the while knowing the limited production life of this company's assets, no nasty surprises, good management, with a proven history.

So, it's a decent share to trade, paying decent dividends if one were interested in LTBH, with management that have clearly stated from day one that the mines have a defined lifespan. A management team that are looking at new opportunities but won't be rushed into making bad call. And yet...you have a problem with this company ??? 🤷