RE: Long term potential8 Mar 2019 12:27
LtdAxis,
This company has never been strong on investor relations and even when there is perceived good news, the share price reacts poorly, which we are witnessing at the moment again. I was imprisoned in this share for 3 years and I recall the conversations I had on here with fellow investors stating that this share lacked pizzazz and there was no feel good factor surrounding the share. No hype, no hope and that poor sentiment ultimately can kill a company off despite its assets, which in the case of CLNR are being slowly eroded away but without any clear explanation from the BOD. No official statement regarding the relinquishment of Licence P2248 has been made by the company, which I find incredibly arrogant and actually extremely rude. Those in the know would have probably done quite well out of the Shell RNS but the good, honest PI has yet again been shafted.
I will reiterate the point that whilst most of you were madly ramping this share after the Shell RNS landed, I was warning people to exercise caution. If you don't believe me, then go back in time and read my comments. I was also first on here to suggest that they could lose P2248 when most of you were telling me I was deluded.
I will take my seat on the sidelines and let A1M1 take the helm as he has clearly become The Voice Of Reason on this bb and there is little more I can add to his excellent comments. I commend him.