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There is no upcoming income. This is still years away from production. Yes there has been positive testing but STG will not survive long enough to realise any benefit.
i absolutely understand the workings of exploration, specifically that you need cash to fund it. STG has little cash left, no income and very poor investor sentiment other than blind optimists like ajbennet and yourself. How will they raise the cash to continue their obligations in order to actually realise any income from HH? They can only raise at a big discount to the already completely destroyed share price. Or maybe they end up like another Lenigas lump of grabage INSP and cannot raise at all so just die a slow death.
With no income this share will be toast long before any 'jackpots' happen wrt HH.
It's caused by a tremor in the force each time the Directors spend some more of your money on a nice dinner or a good scotch. The injustice of it sends a small ripple of anguish through the force that is felt by all things including this bulletin board.
And soon it will be 'where are the pizzas?' and finally 'where is our money?!!!!!!'
Why only the rouge company directors? How about the Blanc? or the Noir? Not to mention the Jaune....
oh, and he always runs away so as not to get caught without a seat when the music stops....
The Gold was always a smokescreen. They only ever had an exploration license, never an extract license and all the exploring ever done consisted literally of picking up some rocks of the mine floor ("grab samples") and analysing them. But, critically, only analysing the ones that looked promising... When the ramptastic master of illusion Mr Lenigas was at the helm it was a great way to con people into investing into something that was never going to happen. He could strut up and down in front of the mine spouting garbage lapped up by his followers. It's the same wherever he goes, REM, LGO you name it, ramptastic guff for the sole reason of parting the less experienced investor from their hard earned...
One is a Horse, the other a Donkey. You could try flogging it some more but it will more likely die than move.....
It's not a tree shake it's investors reading the recent RNSs and finally giving this up as a bad job and walking away whilst they still have the price of a bag of crisps.
Or alternatively, imagine when the next RNS announcing more money has been lent to freshfaced fresho foodsface or that they have sold the HH investment to put more money in foodsfreshlyfresho or maybe imagine the next huge placing and a massive discount to fund STGs obligations to HH (that would have been far less without the fresho freshfarce).
You do that, and I hope in turn everyone ignores you too. And I will keep posting here and it IS fair unlike the behaviour of the BOD of this share!
I sold some time ago at a loss. Every time companies shaft investors like me they create little warning beacons, if there was someone like me on this board when I considered buying into STG then I never would have bought and I never would have lost. At the time I thought it was a good idea because I wanted to speculate on Horse Hill but had the backup of the seemingly quite exciting Gold project as an insurance in case Horse Hill didn't pan out. Little did I know that the BOD never had any intention of developing the Gold asset because it isn't actually an asset at all. it just looks like one and on the back of it they were able to raise money. There are so many of these con tricks on AIM it's just not true, more companies are dishonest than aren't from what I can tell. Now the BOD have really shown their hand and it's literally only the seriously deluded who are still here, still ramping. I post my view to counter this garbage and maybe steer some poor suckers away from the fate I sadly endured.
I'm not sure if you've noticed but we're already face down in the mud. It just depends if you're the sort of person that will pull others down into the mud with you or warn them to skirt round the outside.
Lol, just lol ajbennet. Flowing in. The only money coming in here will be via placings! And you can only do so many of those before the flippers can no longer flip and then it's de-list time. Maybe sell out the assets to one of your less tainted shares first so you can just carry on over there without the baggage.....
Consolidation has absolutely no bearing on success. Actually digging some frikkin gold out the ground is what would have some impact.
Lol vxrandall 'I'm thinking of getting rhinoplasty because my nose seems to get bigger with every RNS issued'
Maybe, but they could have at least waited until after some half decent news and a positive move in the share price. That way longer term investors might not feel that they've just been shafted yet again. Either this isn't possible because there is nothing on the immediate horizon to enable them to do this or they just have utter contempt for shareholders.
So they say the number of shares in issue affects investor perception. Well wouldn't any halfway sensible investor look back through the regulatory news and see that number anyway? And more importantly how that number came about? Totally bizarre, it's like 'errrr yes we're not Noricum confetti issuing Gold anymore we' re the Georgian mining corporation or whatever it was and we certainly do not have a long history of broken promises!' So there...
Good luck with that, I've seen far worse completely ignored. AIM is largely unregulated irrespective of the FSA.