RE: Clown Convention20 Apr 2021 13:08
Morning Bumble,
You have hit the nail on the head!
All the woodworm have come out at once, trying to propagate a feeling 'bad' sentiment amongst the invested!
Only one reason for that and it isn't 'Our Welfare'
They are saying they have seen your wife or girlfriend with another man, just to instill a 'GUT' feeling of doubt in your mind!
They come up with NO facts, and talk the talk, BUT, unfortunately, it is just a RUBISH rumor!
Do NOT use your GUT to tell you if an investment is good or bad,..... USE your BRAIN, God gave you one, SO use IT...
If you thought this company was a great investment when it had 1.9m oz ... It must be a fantastic investment when it has access to a JV where there are another 104m oz .....
There has been a mention by the company that they want to get the authority to issue more stock and be able to perform a rights issue!
This has been a part of the company's AGMs and always passed NO problem!
They have requested an EGM to get this signed off asap, anyway before the next AGM!
The low-life woodworm will try and put two and two together and make five!
The company, which is making money, has money in the bank, access to loans, and a $150m Sinosteel loan!
NOW, needs to raise cash, REALY! The company HAS said nothing of the sort, ONLY the woodworm have suggested such!
To me, The company in the last throws of completing a sale has land grabbed as much of the Kola area for future expansion as it can, it has NO intention of mining this itself, this is for the new buyer to mine, same as the DFS to mine concurrently from the two mines it does currently own a percentage of!
To, me this housework exercise of the EGM is a final part, and then after some time will be issued the MAJOR RNS we have been waiting on!
If your BRAIN does not overrule your GUT, you should NOT be invested here!
As always your money, your choice!
Off out round the In-laws, they have another job for me! yay!