Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I would echo what you have said Clairemartin. I like PC’s style, he can be judged by his actions in running the company. He is not a greedy person, and has given plenty of hints as to what is to come. The bonus RNS says it all. The problem has been that the industry has been considerably conservative which has delayed the time lines. This has given me, a believer, an opportunity, and I can’t buy anymore. I have met PC, he is as tight as a drum by the way. With what I have seen and read, I think I will come out on top, and need it to double. As PC said to me, you don’t invest in this type of stock to just get your money back! Time will give a verdict.
You think it is never going to come, I think they will come. The company is worth less than a London townhouse, and there lies my rather large opportunity. Happy to accept the risk, the green energy fund agrees with me. The share price agrees with you, so let’s see who is correct. Never say never, it is looking good! Happy days are round the corner.
Step back a bit Sheldrake, can’t you see that we are just waiting. On the verge of receiving the RNS that transforms the share price. The jury is out, you don’t seam to want to accept the reality of this fact. We think we will make money by holding and waiting until the right deals are signed sealed and delivered.
It just seams so contrary to what one would expect, with Gold $30’s off an all time high and CNR can’t go above 31p. We have surpassed the all time high in pounds! Especially after such a bullish presentation, when everything is still to play for.
Instead of using $2000 an ounce, the current $2025 is used. An extra $25’s an ounce and Mark thinks we have a potential gold district that contains 10 million ounces. It puts the potential range of offers that are on the table in perspective, depending how buoyant the potential buyers are on gold prices. It put our current 30p as laughable, but is reality!
A very positive presentation by Mark, giving the potential for 10million ounces. With gold at $2020 with an upward trend. It is crazy to see us at 30p, I expected to see a massive jump this Am. I have put another 5k in, which is shown as a sell. Mark certainly gave us as many hints as he could. I don’t mind accepting paper, as I am very bullish on gold.
Well we will just have to differ, and I am very comfortable waiting, nursing my paper loss. PC is also in the same boat with his paper losses. I presume you are still around as you suffer from FOMO, I would suggest you move on so it can get better. Not every investment turns out to be a winner, but the fat lady hasn’t come out on this one! She will this year, there has been an RNS on the subject.
It is taking its time, disappointing, but we have no alternative but wait. Hopefully the next RNS will take us straight into warp mode, with everything sorted, machinery ordered and a lease on the port! Forever the optimist!
The trouble is Sheldrake that there is progress in every project, if you would care to remove your resentment blindfold, and read the company communications. We are fully funded and we have a time frame. What is not to like while we wait for the RNS’s that give us some values. Share price is dreadful, but a lot of that has to do with the sector. Relax and enjoy the ride.
I would agree that global economic forecast’s are not good, but expectations on world growth are still 2.5%. There has been a lack of investment in commodities for years, because of low prices, creating physical supply issues. The pricing of the physical is controlled by the paper market, not the physical. Look what happened to Nickel last year. The Chinese, Russians, Indians know the USA game and play along. The USA are interested in short term profits, and don’t think strategically. Easy to do, when state controlled. We are too busy on equity issues to notice the shift.
Well I have put another 4K in, on the strength of their silver asset. Personally I think silver is about to go well over $30’s. There is a seismic shift going on in the world, with a move away from the dollar. The time for commodities is arriving, and we are going to have our day in the sun, who controls the commodities is the name of the game. IMHO.
https://youtu.be/3PYuPkbyhKU
This is worth watching, shows what is happening in the USA with domestic physical demand and why. This bodes well for the future price of gold and our selling price. This could be a train that can’t be stopped.
Forever the optimist, this increase in gold price might stir up some interest in our legacy assets. Gold to $3000, might turn into a feeding frenzy for small gold assets! Strange things will happen as the dollar slowly loses its reserve status.
It is only 25 million warrants, at 0.15p that is £37,500. PC will have to put his hand in his pocket to receive them. The purpose of the RNS was to reassure PI that behind the scenes things are progressing, giving a time line. IMHO. He has all the incentive under the sun to make this work.
In a years time Safe you can call me all names under the sun, if we are in the same place. In the meantime, please allow someone to have a contrary view without trying to make it personal. I feel your pain, we are all suffering.
We’ll surprise surprise Safe, I will defend PC. He has given a direction of travel, we are fully funded to take us through to deal time. The RNS on Friday was a clear sign. I am as disappointed as all holders in the share price, but the market does not recognise the value of our assets. I know you are frustrated, but we have just had the AGM and you can see the votes of support, so an EGM is not going to happen. We just have to be patient, and watch a few sellers bring down the price. This is investing in AIM. Patience is required, it will be this year.
Our resources make a takeover a distinct possibility, especially when we are fully permitted for a 28 year mine life, with potential for expansion. It is looking good on the Tolsa side as well, doubling the size of the drilling. They have a million to hand over and pay the 3% royalty on all the staked land. They have obviously found something on the extra land. I would have thought Tolsa might be interested, especially if they could buy out the 3% royalty on the cheap. With the share structure I would think it would come out of the blue, rather than a gradual accumulation of a holding. How many shareholders would jump at say .5p, a good gain for our new Green fund investor. Patience as usual, but our assets certainly underpin the current share price. It could get exciting even for the PC bashers!
What do you define as a meaningful update on the CS project. I would say it was signed contracts. Including the Tolsa is logical, without it people would assume it is not going to happen. A case of PC damned if he does and damned if he doesn’t.