George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Didn't Parsons purchase shared here at around 2.75p? Now he gets to feel how we have all been feeling for years and years. Disappointed, let down and out of pocket. Karma has a funny habit of kicking you in the proverbials when things aren't going the way you planned.
It's just a shell. There is little or no cash left. 0.02p can very easily drop off towards 0.00p. I think it's as good as over here, folks. Don't be fooled by the talk of diversifying. It's just a tactic to buy themselves more time to jump ship.
It's called karma, mate. This company and his other associated companies look as though they are going down the pan. Not enough money, hope or positive cashflow. It's all looking terribly desperate. I'm glad I have only lost a few grand here and there. He however has probably lost six figure sums. Greed is never good and will always get punished. Bang goes his new Aston Martin this Autumn.
Perhaps Coro should be renamed to Coronavirus? Pretty apt seeing as though IMHO it will run out of oxygen soon. Cough, cough.
The truth always seems to get erased here. People are allowed to express their views. Squeaky bum time for everyone invested here, which is unfortunate given the national shortage in loo roll. Oh dear....
Isn't it unfortunate that when most investors are suffering with squeaky bums, it coincides with a national shortage in loo roll. Timing immaculate. The BOD ought to be commended for their lack of judgement. It's just not right.
It's over here IMHO. Companies that no longer have decent cashflow or a clearly defined strategy and asset bade will fall by the wayside. These companies have become parodies of themselves and are best avoided. Sometimes it's good to feel greedy when others aren't, but I wouldn't recommend anybody bothers trying here. Not with the threat of economic shutdown and the coronavirus. I foresee all of the world stock markets suspending trading just so they can try and rescue some of these company share prices that are tumbling towards 0.0p. At what point in time will the BOD here place this share into suspension? If it drops any lower then it's lights out time. Karma would have prevailed again eh, Partridge?! Hahaha!
A very sorry state of affairs over at ECHO who IMHO won't survive for much longer, especially given the coronavirus. No cash to boast of and no cashflow either. What an absolute joke and I'm glad I never invested my hard earned spam money over there. In fact, it looks like all of the Parsons associated companies are taking more of a pummeling today. Hence my comment earlier today with regards to looking at potentially suspending trading in these companies before the respective share prices reach their ultimate target prices of 0.0p. What an absolute royal waste of time and money. These companies are becoming zombie companies with a value soon to be less than a packet of loo roll. They have become parodies of themselves and even the golden tickets have rips and tears in them, rendering them obsolete. It was fun while it lasted with some great characters to share the banter with, but now it's time to close the doors and switch the lights off. I know a decent park bench should anyone require one. He'll, I'll even throw in a free bag of chips and a half eaten spam fritter. I did warn you all, ladies. You can't say I didn't. The same fate will be true with SOU. Just another coronavirus victim that ran out of oxygen when it needed it the most. This time around though, you can't blame Boris and his side kicks.
What a very sorry state of affairs here. I think this one is going down the pan. I agree that they are hiding another duster too. Desperate times for this company now who l suspect will close their doors soon and switch the lights off. The coronavirus will be too big a burden for this company to survive given their lack of cash and cashflow. It's as good as over IMHO, ladies.
Hi Partridge,
How goes it? You still invested over at you know where? What a load of dogs these shares are proving to be. Once bitten, twice shy. If they don't fall under their own momentum, then the coronavirus will finish them off. It will cause chaos for any company who isn't flushed with cash.
And you were the one who mocked me for appearing paranoid all those weeks ago when I first raised the potential threat of the coronavirus on world economies and share prices etc. Let's see how you feel in around two to three weeks time when many parts of the UK will be in lock down. Never underestimate me again. I speak the truth.
MrT,
Admit it though? I was right with my predictions here and haven't made a plinker of myself. Well at least I don't think so! 0.10p incoming. MM's need to encourage some more buying to get the energy back here.
Manone,
I am everybody's favourite soothsayer. I am adored by many on this BB for my straight talking and no nonsense approach. I hope that you have taken my advice and stocked up your fridge? Count yourself lucky that you are being entertained whilst you lose your money. You can't put a price on that.