Member Info for jaf1948

stevebt,

You are fairly new on here so you have missed a lot of the background. I will not mention any names but there is a poster who throughout 2018 kept posting that EBITDA for WRES would be $40m in 2019. Even the company's own figures only showed half of that but he was happy to keep ramping.

Then there is the poster who every day for about a year kept posting 'one day nearer full production' although clearly the company wasn't.

Then there is the poster who will not say in 10 words what he can say in 100 and hence his posts are long and tedious.

All three are still currently posting.

When the people who disagreed with these posters started making their own comments, the nastiness began culminating in one of them suggesting it would be a good idea to drop a concrete block on me.

Yes, the so-called trolls can go on a bit but it is nothing worse than what the fan club have been doing for years.

Although trading is a legitimate pursuit, trading in AIM mining stock is really only one step up from gambling. Each to their own.

If I had shares in a company which was up 70%+ since I bought them, I would be quite happy to ignore any negative comments. If. on the other hand, I had shares in a company which was down 70%+ since I bought them, I would still dislike any negative comments (even though the negative comments have been more or less correct for the past 3 years) and start to wonder what it is that they got right and I got wrong.

But all the people on here get is a green box and continue to lose money. Strange mentality.

We're all wrong. According to some on here, the reason for WRES's failure to date is the postings of the trolls. Obviously.

You forgot Brexit.

Troajan,

You are confusing two completely different stories. You are a trader (nothing wrong with that) and you can make money on WRES trading on the ups and downs. No-one has ever said that you cannot make money trading WRES - indeed, I made a profit by a combination of trading and getting out before the debt became too bad.

On the other hand, there are the LTH who have suffered large falls in their investments and the 'trolls' have been saying for many years now that it is unlikely they will make a profit on their investment mainly due to the high debt even though the mines may well make an operational profit in the near future.

How about a sing-song ?

'Ten green boxes hanging on the board;
Ten green boxes hanging on the board
etc etc

Apologies - they have reappeared.

All this afternoon's conversations about 'green boxes' has disappeared, presumably on the request of some of the people who allegedly do not read the 'green boxes'.

Impi,

You are relatively new on here - I have been around for over 10 years and I believe that in 2018 I was the first person to question whether MM was really as good as many people believed. Since then, I have been subject to vilification and now filtered by nearly all the fan club. I tried to help but they weren't interested in what I had to say, so that's their choice.

GIT writes 'Despite green boxes outnumbering proper posts, it would seem that more people believe that WRES will succeed than think it won’t. Good luck to all genuine WRES investors ;-)'

That post says everything about what is wrong with the fan club.

'green boxes outnumbering proper posts'. If you keep filtering anyone who disagrees with your viewpoint, you will keep getting more green boxes. If they outnumber what you call proper posts, that supports the theory that more and more people do not see WRES as a viable prospect.

There is nothing to support the comment that more people believe WRES will succeed than think it won't. A pure fantasy to keep up morale. See above about the increase in green boxes.

Genuine investors ? Apart from RealRealist who admitted in the end that he was trying to push the sp down, I can think of no 'fake' investors on here. There are people who think that WRES will not be a success but they do not hold shares and make it clear they have no intention of buying in.

Hope it goes well for you.

People on here question why some people who are not shareholders bother to post on here rather than do something else in their lives.

I think that people who post on here then filter any opinion which isn’t the same as theirs are more wasteful of their time - they might as well just sit and talk to themselves.

Kev,

Don't lecture me on manners. You wrote of me on October 1st and I don't recall any contrition yet:

I think that’s what makes your narrow, bitter, mean-spirited attitude more irritating to me than it should. I have to accept that you are just like that. I don’t know if there are parts of your life that aren’t as awful as you exhibit here. I hope so, for your sake. It would be a sad, empty existence, if the rest of your life was like this.

'Avoid playing the man' you said . Hypocrite.

Safety,

For someone who spent many many months on here posting about Sven and herrings, I don't think you are in a really good position to lecture other people about what and how much they post.

The debt exists - the estimated revenues do not.

Don’t know what happened there.

Sorry, I didn’t realize that by changing my mind I would be disqualified as a reliable poster.

2phevs,

In yesterday's interims, there is one line that spells out whether or not WRES is a good recovery stock. It states:

Financial liabilities - borrowings
June 2020 €48,384,000
December 2020 €51,626,000
June 2021 €58,707,000

If you think increased production will reduce this in the near future or that the debt can be refinanced, then WRES is a good recovery stock. If not, not.

Caveat emptor.

An interesting philosophical point which we could debate all day but I'm not going to.