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jamesroo
No answers as usual? I am now sure you're confusing me with someone else; but anyways...
"Do you feel having the Chinese on board is "poor decision-making": No. It's the lack of communication with the market that is of concern.
"Do you feel the continued drilling of the last year to enhance figures for the Jorc likewise." I would have preferred to see movements towards a JORC much sooner; you can drill without needing to hold off on a JORC.
"tell me how you value this mine. " Purely on the positive assay results (further informed by similar projects elsewhere), it would be much nicer to have a JORC maiden resource estimate completed.
You seem to put great stock in your abilities to conjur up theories based on little more than blind optimism. Your first comment asserts things like "He (BA) has doubled the value here in a fortnight," and you then spend the next comment rowing back on those very assertions. Furthermore you say "I have always felt he (BA) has a had a planned scenario of which he has played his cards shrewdly and fruition may be within weeks." do you have any reason to believe beyond your gut feelings? Is there something you can share about BA that those PIs who lack the power of clairvoyance (like me) should be aware of?
jamesroo, I know of no replacement directors for Mr Aylward and am not advocating his removal. What I am trying to do is inject a modicum of caution into any theories people come up with. He may have a long-term gameplan with the Chinese that we don't know about; but why assume a masterstroke when poor decision-making can explain (and is far more likely to explain) much of the issues we have had over the last year?
Now before I get accused of de-ramping, let's be clear: I believe that there is real value in this company and we could all enjoy a good return on our respective investments in the course of time. However, caution is necessary. I am a firm believer that the true value of an investment can only be realised without rose-tinted specs.
jamesroo, if he's a few days late that has a cost that PIs have to bear. He hasn't doubled the value of this share, he's just started providing some coherent news with some regularity and that has been reflected in the SP in recent days. He should of been providing this info + clear timetable throughout 2017 but didn't.
Given this history of the KOD over the last year, why do you think he "deserves" anything?
@goodflyingduck while the welcome is certainly appreciated, I have been invested in KOD since Feb 2017; so I'm familiar with the ups and downs many have experienced, as well as sharing many of the concerns my fellow PIs have expressed.
I can only attribute RB's comments to a wish to deramp the share; why else would someone make a number of negative comments at a time when we're on the cusp of what could be a fairly good set of news, followed by a failure to offer a coherent explanation for those comments (beyond the arbitrary assertions of what this share 'should' be).
I would love this share to be worth 1p, I'd be immensely happy if it was 5p and I'd be over the moon if it was 50p; but those wishes must be tempered with caution and an understanding of the reality of this company. The results of the JORC is the bedrock in which the future value of this company shall rest on.
TL:DR People who post critical remarks who then fail to offer a coherent explanation for those remarks, should be dismissed out of hand.
RB@Balboa, so what are you getting at?
Are you saying that this company is so awful that it's not worth investing in? Or are you saying that one shouldn't invest until the company exceeds the 0.5p (or alternatively 0.2p) mark?