Member Info for jfk9

Every time I check in here, it seems to be dogged by bad news and as a result the SP plummeting. The question is whether to sell now and at least salvage something or hang on in the hope that the fortunes of the business can be turned around. It seems that bitcoin is forecast to potentially drop down to dollars 50K before going on the next bull run to 500K. Whilst GST may not be a bitcoin play, it’s fortunes appear very much tied up with the success or not of digital currencies, I think I will just hang on and hope they can ride out the present storm and something at some point goes in their favour. Any other thoughts on this?

Then it goes down, hopeless! Pleased I made the switch to HEX, who have now become a producer. Don’t hold out much hope for my remaining holding here.

Can buy at 6p this morning, no apparent reason for drop hopefully just profit taking

The management should take their undeserved pay in shares. Same old, same old! Service providers will undoubtably sell as soon as they get their shares. Only One Direction in which this SP is going.

Soon it will be under 20p, witnessing a lingering death

Settlement from Tunisia or external borrowing. These projects pay back quickly, can’t see a shortage of willing lenders.

EarEyeAm, looks like sp has got a little too frothy, so profit taking and inevitable pull back. Next couple of days likely to present good buying opportunities before next leg up.

Not trying to talk it down at all. The more important point I made is that redgardless of uranium and Tunisia claims, the business is still undervalued.

A point aside, the directors have already doubled their money, in just a couple of weeks, on the share incentive scheme they are allocated to themselves. Excellent timing!

Perhaps just a little over frothy at the current price. Hopefully it will pull back a touch this afternoon, in which case I will top up. I guess the true value of the core business exclusive of the uranium potential and Tunisia claims still somewhat exceeds current market valuation. Past sentiment resulted in the stock being previously hugely oversold.

OK dusters, if you care to check back you will see I have been consistent in my posting for many months.

Maybe_tom, as I said there is a slim chance you might be right. If they fail to deliver this time around it will be curtains they must by now have run out of poor suckers to take up any placing.

Whilst maybe perfectly possible the more than likely outcome is more failure. If not already stuck here, my recommendation would be steer well clear - you have been warned.

Ross, that’s another reason why it is so difficult to make money in Trinidad, we learnt all about that with Trinity Exploration. Not to mention the restrictions on moving currency out of that country.

Oil price flying, yet sp here struggles to recover to past lows. Just goes to show what little confidence there is in management’s ability here. I guess the increased retuurn from the oil price spike, though perhaps only short term, may well be enough to prevent a funding crisis.

Sticking their head in sand is effectively what Tunisia have done all along. I doubt there will be any settlement offer from then and regardless of outcome they undoubtedly have no intention of paying out a bean!

They have five years to execute, the cynic in me says they will do that all the sooner if we see a short term spike in the sp. They can then immediately sell for a healthy short term personal profit regardless of what happens to the sp following the litigation outcome.

Options amount to 4% of shares on issue. Locking in art on the face of it seems an artificially low stock price. Hardly stretching and not a great look.

Same old, same old. Might be some new management but they just continue to take the money and string investors along. I doubt this mob will ever deliver anything.

Just another 6% off today. Looks like this is going nowhere other than bust!

Incredibly back down to buy at 3.4p this morning. Seems illogical in view of the potential across claims, uranium and existing generating projects coming to fruition. I guess investors remain very wary.