Member Info for jamesslater

Bought. Got. Mwaaaahaaahaaahaaahaaaaaaaaaaaa

I have to say, at first glance it stands up well, but i feel its just too early.

you used a double negative, so I dont know what you mean. Do you mean they did not say there wasn't any gold or did you say They did not say there was gold, so there is not. it wasnt very clear. They DID mention Pyrites, Gold and arsenic can occur as a coupled substitution in the pyrite structure.

Lessluck, I agree, it sounds like it has good potential......ONE DAY. that being the case, why put the money in now? why not wait until nearer production? you can use the money elshewhere. Bigmark, it has good copper deposits, easily reached. It's china so they may just be able to strip mine! I dont know, would have to look. And copper and gold are often found together. But I wont be putting money in yet, there is a LONG way to go.

opportunity to buy a hole in the ground.That(old) RNS says they have good test results and they are about to start modelling. So they're months away from any kind of production.

I am dealing with a few of our subcontractors who are facing liquidation. It is a very difficult time and it DOES take a long time to negotiate. For instance one subcontractor is part of a franchise which hass gone bust, but the company itself is fine, it even has some money in the bank (or the directors do) they are trying to work out a way to pay for their deliveries themselves and have the cash to do so, and it's STILL taken over a week and isnt resolved yet. In the meantime all they can tell us is the same thing every day..............We're trying. I suspect ENN management are in the same predicament, there simply isnt anything TO say yet.

The spread is the difference between the price you can buy at and the price you can sell at. So it's very important. So say the shares are 100p and the spread is 50%.....means if you bought them and sold them straight away you'd lose 50% plus your trading fees. So imagine also, if the share price starts to drop, chnaces are the spread would widen further, meaningyou'd get even less for your stock.

If you're unsure of it, put two in the chest and one in the head and move on.

Works for me. Seems to me we agree on it though.

http://sharecentre.digitallook.com/sharecentre/security.cgi?csi=213598&action=news&story_id=2584417&rns=1 On my watch list, and as MEsays, it may go down a bit yet, but I feel worth gettinginto in thelonger term.They're concentrating on all the right things

for such a ruged cage fihter. If i eve find mself in a cage wih , I won't tr tofight,I shall just call yo ames and make you cry. You reall are being ridiculous.

Do you find that being 6'5" and 22 stone is useful when trading and typing on the internet? I'm trying to think what the advantages might be.

You know, like a flcok of geese, a troupe of monkeys. apparently, the collective term for bankers is a 'wunch'

you could do what you're suggesting, everyone would just fold the company every time they got into debt.

I dont get what you mean? You cant just walk away from a debt and start up fresh. The COMPANY can, but not it's directors......so it would be an entirely new company without shareholders.

shareholders are generally at the bottom of the pecking order.............with creditors first. Also, the admin will be more interested in setting up the new uk company as a viable concern, not with remimbursing shareholders, after all, shareholders share the profit...............AND the risk.

You crease me up. You really do. ;)

obviously so long as they do not break credit agreement by selling something the loan is secured on, OR if they have an agreement to sell and the money goes to the creditor.................................whic is exactly what I said they WERE doing! selling assets to pay debts!

James, we both know that emergency talks means credit terms have been exceeded. Agreed? No.........I don't disagree, because I stopped following a little while back, but you can have emergency talks before breaking the agreement! IF you feel you may be about to. "The creditors could have easily forced ENN into administration by demanding payment in full (based on the fact credit terms had been exceeded) and pursuing this through the courts." Absolutely................IF they have broken the agreement, but that would usually be stated in an RNS, and what in fact has been stated is that they have money till march and are suspending shares, which is a different thing allowed by the stock exchange in exceptional circumstances. "To allows a business to devalue itself means the creditors are know something we don't." ONLY if the company has defaulted...............if it has, and the creditors allow it, i agre. But there is nothing I have read that says ENN has defaulted. If you can point to anything which says that(not meant sarcastically, I simply mean I have seen no such release) then I will agree. If they have not defaulted and can still pay the loans...............they are free under the rules and the law to trade as they see fit.

Lol, the sad thing is..............that was one of the more sensible posts on here!!!