George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Having invested a long time ago in this ‘money fountain’, I have many questions. How do you justify your salaries, having produced nothing of consequence? Why do you think that an occasional name change will produce magic results? Why have you failed, over many years, to promote a product that initially, at least, seemed to potentially be profitable? At 92% underwater (the last time I had the courage to look), are we about to have another name change after the raise to pay our inept management?
Blimey! 1.5 million and my investment languishes 92% down. Alq must be particularly chipper at the state of affairs!
There have been so many red lines and missed deadlines, I wouldn’t hold out much hope. Gold has been doing really well. A good time to get on with it!!! Am I deluded?
Invested many years ago because was interested in Satoshipay’s blockchain stuff. They have changed direction numerous times but with no tangible financial results. This is reflected in the SP wallowing at all-time lows. Initially thought the esports investments were clever because a growth area. Again, plenty of hype but the SP reflects little confidence in imminent revenue. Waiting impatiently as my underwater meter (80%+) ticks ever downwards. I’d be happy to get out with a 50% loss at this rate. Time will tell I suppose.
I wonder if another name change would be the saviour. Perhaps Plethora Solutions would give the company the lift off for the money fountain!
Been here as long but, as I’m so far in arrears, I’m hoping beyond hope that there might be some improvement in SP. Deluded more than likely.
Nice to read your post The Italian, even if there is nothing to say. At least I feel I’m not the only one holding on for grim death!!! That’s probably a bit too pessimistic.:)
Really worrying that even the ever optimistic posters seem to have gone quiet. I invested in Plethora Solutions many years ago on the misunderstanding that this was destined to be a ‘money fountain’. Year after year, I am disappointed and the SP means I’m about 80% down. My mistake; my responsibility. Apart from the continual name changes, thee seems to be complete stagnation. I can realistically only see one outcome and that is the company slowly descending into oblivion!
Very quiet not wiiet. Fat fingers on an iPhone!!!.
It has been over 10 days since the last post. I’m hoping that Bignose and The Italian haven’t given up. Their posts over the last few years have kept me going and still clinging on to a modicum of hope. Ironically it took me forever to obtain a new share cert with the last name change for a few shares that I am unable to add to the RP shares I have with Ii. Now I have a share cert with Endurance; I’m wondering if it would be better to hold and anticipate a reversion to Endurance again!
Slugmum, been here a very long time. Invested initially believing Satoshipay were going to come good relatively quickly. However, they’ve changed tack and I’m still waiting on them. The Dynasty valuation which everyone seems to think will be way above present NAV, requires some solid evidence. .
LTH who reads all the comments daily. We seem to be going around in circles while the SP wallows at low depths Dynasty is worth the NAV alone. Satoshipay could come good… lots happening.. however, I was in here many years ago and average around .40. Need serious uplift to break even. Where is the real value? Hopefully, soon!
Some positivity here which is encouraging for a LTH who is 90% down. Fingers crossed we eventually get a massive uplift and it becomes the promised ’money fountain!’
Well, all this cheese talk has stimulated my interest. My particular favourites are blue Brie and emmental. However, isn’t it exciting that we have yet another name change. I can just see the board(if they ever meet) discussing how the company is progressing. ‘Any ideas how we can justify are income?’ ‘How about another name change and an exciting new logo?’ ‘Brilliant idea! That distract the shareholders from yet another profit warning!’
This share proves that it’s all a gamble.
I really can’t believe the SP is back in the low teens. I’ve waited a very long time for some sustained upward momentum but every slight move up is met with a decline soon after. Without news, we are heading for new lows. Very disappointing and frustrating.