Member Info for hope2gain

Hi Rocket, you may well be right, 18.25p yesterday was a new recent low and today we finished bang on the latest declining trend line. Hope next week is a better one. The long silences do have a very negative effect on the SP. GLA

Peter Schiff has been bang on with regard to the US economy and the Fed reserve, they raised rates just to be able to cut them again. Schiffy sees Gold eventually well into the thousands and Gold stocks, well, whoopdidoo. Confidence in the existing financial system is fading, Gold always has been and always will be real money, you cant print it or just produce it out of thin air. Cheers

GP. When you retire with your millions, please do not forget that I have always thought what a wonderful person you are, salt of the earth, generous, kind, etc etc. Do you live near East Mids Airport, I could leave my car on the drive of your soon to be massive gaff when I fly off to Ibiza. Any road up, I wish you good fortune and hope your large collection of shares rewards you well. I would be happy just to get my money back from all the other duff shares I bought. Cheers and GLA

GP. You will be a major share holder at this rate. GL.

BEES or GPBACK. Your opinions would be welcome. Please remind us doubters, why do you believe that the BD Gov will go ahead despite the potential fallout expected from those opposed to it and possible civil unrest from those being displaced. Cheers.

Nearly 11am and just one small buy, what a difference 24hrs makes. On a very serious note, I have to say I am genuinely beginning to have creeping doubts as to whether this mega project will actually get off the ground. Having done a bit more reading into its history and those who are opposed to it, it really would be amazing if it was given approval. Depending upon who you read, anything between 50,000 at the low end and 220,000 people will be displaced, fertile bread basket land built upon, a river diverted and an aquifer will be used for the plant instead of proving water to people. The opposition is strong and the environmental impact severe. Even with the influence of the Chinese, can the BD Gov give a GL to something so destructive on the one hand, that affects so many people and will cause an uproar, yet potentially so beneficial in the long term. Opinions please as I am truly beginning to waver.

GP. Better use some good quality tea, personally I find Yorkshire tea gives a good read. GLA

GP. So Its your fault we are down here again, getting your fill order completed HA HA. Meanwhile, someone is off loading a lot of shares this morning. GLA

GP. Interesting. Cheers

Extract from interesting read. On the other hand, the government should take decision of coal mining from Phulbari and Khalashpir after reviewing the two Schemes of Development (SODs) lying unattended with them. Dighipara must be developed and Barapukuria must be further developed applying appropriate mining methods. During the tenure of the interim caretaker government (2007-08), a foreign company reviewed SOD of Hosaf Group for Khalashpir field. More study was recommended before the approval. But that remains unattended unfortunately. Asia Energy submitted SOD for Phulbari mine in 2006. But for reviewing that a committee was formed with a BUET teacher having no past proven track record of mining. Failing to assess the technical merit of the SOD, the committee raised irrelevant issues regarding the contract. Consequently, it created controversy. The government did not take any decision. For this, mine ready in all respect for mining is waiting for years for decision. Experts believe the government must give green signal for mining by engaging competent companies having proven track records. Experts believe that no major mining company would come to Bangladesh till Phulbari grid lock is amicably settled.
The former chairman of Petrobangla and a mining engineer by profession Mohammad Mosharraf Hossain said, “Imported fuel dependency will make the energy security vulnerable. There is nothing wrong starting mining by foreign company under contracts protecting the interest of the country. The government agencies on standalone basis have no capacity for this. IOCs must be engaged for exploration of petroleum at onshore and offshore alongside BAPEX.” BUET Professor Dr Ijaz Hossain also suggested engaging IOCs for exploration of oil and gas at onshore and offshore. He also suggested taking stern actions for ensuring efficient use of fuel and energy. According to him, greater use of own gas and coal would delay requirement of import of expensive fuel from global market. By using own fuel, Bangladesh economy can grow to a stage eventually to absorb price shock of imported fuel. Former Director of Petrobangla Md. Maqbul-E-Elahi thought that not being able to ensure proper use of own coal and gas is a failure of the government. According to him political leadership and a certain group of so-called intellectuals cannot deny the responsibility for this.
No one would deny the remarkable success of the present government in power sector. But the sustainability of the success would come under question if the government fails to arrange sustainable supply of fuel at affordable cost. Success in power sector could be achieved through planned integration of private sector in power generation. Following the same route, enabling documents must be prepared for attracting local and foreign private sector investment for oil and gas exploration. If that can be done, major success in oil and gas exploration can be expected within 5-10 years.

Hi GP. It is a bit odd for there to be more than twice as many (in volume terms) showing up on NEX as the main exchange,

Very few trades showing up on LSE today, current total of 225,000 showing on NEX, including a couple of decent buys. GLA

On the previous 2 occasions the SP dipped into the 19`s, it bounced back by 6 and 7p respectively, be it short lived. Hoping history doesn`t quite repeats itself as it would be very nice if it could actually hold a rise for a change!! GLA

Hi shareminator. Mr T will be the fall guy for an impending economic catastrophe. US Interest rates will be back to 0%. Trillions more dollars will be printed. The dollar will tank. The only bloke speaking any sense is old Mr Schiffe. Gold will go ballistic. GLA

Anyone got a time machine handy??, if so, can you nip 12 months into the future and let the rest of us know if the project gets approval or not??. Cheers, yours in anticipation, Mr Dreamer.

Apologies for the this this

Hi Phulbari. We have no idea what discussions have already taken place between members of the BD Gov and GCM/PC. Both myself and many others believe that there is no way this this giant venture would have been publicly announced if it was a none starter. People/politicians are treading carefully, this is a hot potato, but simple economics will ultimately prevail (I hope). GLA

Morning all. I also think a TO is a very real possibility and that the SP has been kept artificially low so that an offer of say £1.25 a share would at face value look very appealing, especially to long suffering PI`s. If investors thought there was a chance this project was never going to happen, the SP would be in single figures by now, instead it is kept around the 20p mark and never sustains a rise. GLA

The mm`s knew positive news was going to be released this morning and so forced the price down yesterday in order to get cheap shares from muppets like me who sold at a loss for fear of a further drop in price today. Legalised theft.

Someone sells just as I am typing