Member Info for komakino

HH,
"Obviously it will take years, and a lot of money, to develop the project. But that doesn't mean that the s.p. can't go up a lot in the meantime, as development milestones are crossed."

I don't disagree with that but only gamblers or idiots would invest in this on the basis of a proactive interview which wasn't RNS'd, and only irresponsible people or pumpers would suggest it was a buying opportunity based on that alone.

Bearing in mind Zorbas is heavily involved here and a key stakeholder, and considering his past activities at MRS for example, then I'd suggest it was rather more prudent to wait for something a bit more official before people considered this investable.

As I said, investing at this time is nothing more than a pure gamble, so minute stakes only I would suggest until a proper development plan is put forward. Until then it has all the trademarks of a Zorbas pump and dump.

Essentially that is all that this has ever been to date, a tradeable share, which is what Amtech did advise consistently if memory serves me right.

We should all have listened to Amtech back in the day :-)

There is Nickel but is it commercial and what is the cost and timeframe for extracting it? These are all questions that HH prefers to ignore. Yes, traders can make money of course, which is why the p&d crew are here, but it's equally easy to get caught holding the baby, as you don't know what their sell price is. Could Zeb be extremely profitable at some point in the future. Certainly possible but the thing is no one knows because there is not enough drilling information to determine that. IF you buy in at these prices you are taking a very high risk punt imo. If that is your thing then that's all fine and dandy, but for newbies getting swept up on a wave of excitement, which is what HH and his cohorts are trying to create, then that old phrase caveat emptor is one worth checking out.

ICB, if you think that is the case then you can buy URU stock till they reach parity, although you may want to consider that it may be the case that ZBNI is overvalued. You only have to look at the miniscule trading amounts to understand that a few small buys can quickly inflate the sp. Consider the possibility of an organised group of PI's making a few small buys in ZBNI to create such a disparity and then to propagate the URU under-valued mantra in order to sell URU stock.

My take is that there is no new news that has been RNS'd, that is has all the hallmarks of an organised pump and dump on the back of price rises in Nickel, something that, if it ever gets out of the ground in Zeb, will be years away. All resources at inferred and indicated tells you that. Oh, and then there is the history of the arch scammer Zorbas who has his claws deep in all of this.

Arok, if you're happy to have the share price pumped up artificially so you can offload to unsuspecting newbies, then what does that make you? No one is promoting negativity for the sake of it. There is no new news so it has all the trade marks of a pump and dump, which I, for one, am happy to call out.

Hedgey is running out of new things to say so is resorting to copy and pasting previous posts, which as you rightly point out jono, are from 2012. Interesting to see the ramping on OSI an then expressing surprise at the placement but then continuing to present reasons to justify it. For anyone new looking in check out HedgeHog's history and you'll quite quickly come to the conclusion he is trying to orchestrate a pump and dump here. Don't fall for it as you'll be left out of pocket for sure.

Name one which Zorbas had his claws in.

I'm sure Hedge will be on shortly with the answers, Jono.

You would have thought IG would have changed his/her writing style when using the Hedge moniker. I guess they must find it a bit too complicated to keep tabs on which personality they are pretending to be. Quite funny though.

Hedgehog100,

I don't dispute that mining is cyclical but that doesn't explain the reason why after pumping this all those years ago with his .45p (now £45) is the floor comment, why the resources are still predominantly inferred plus indicated. i.e. not a jot of progress in all this time. You only have to look at Zorbas' behaviour in MRS and other companies to know what sort of character he is, irrespective of his pump and dump of this. Yes, the sp multi- bagged, but not on real progress but on an orchestrated pump and dump campaign. So anyone who knows the history of this is extremely sceptical and cynical of new people coming on and pumping it. Until we see some independent verified results from a drilling campaign that progresses the resources to measured, then it's all the usual pump and dump tactics as far as I and a lot of others are concerned.

With regard to ministerial sign-off from Chad, Mr. Djerassem Le Bemadjiel was appointed Minister of Petroleum and Energy on 25th Feb replacing Mr. Oumar Torbo Djarma, so I suspect that hasn't helped in terms of receiving it.

Well given that the site says this about Zorbas
'Mr. Zorbas is an entrepreneur with a proven track record in the metals exploration and development industry and the investment banking. He has held senior advisory positions in various facets of business including operations, marketing, sales, strategic planning and structured finance.'

with no mention of his distinguished career as a scam artist then I think you can take anything on that site with a large quarry of salt.

Hedgehog100, "If you remain fixated on the rear view mirror, that can blind you to the opportunity going forward."

If you ignore the fact that Zorbas is inextricably linked with this company, that can blind you to the prospect of being royally shafted.

Unless, of course, you are another one of Zorbas' cronies trying the old pump and dump :-)

if you are happy to invest in a company linked to Zorbas then fill your boots.

OpentheBox

You just have to go back a month or 2 to see the same MO in play but by different posters. InvestingGenius (cf Hedgehog100) came on bigging up URU (having never previously posted on the company) with tales of the new listing over the water, imminent drill results and forecasts of sp of 1000. He/she was followed on by a new poster (since deleted but cf Gigontbsaaa) who helped to try and stir up enthusiasm. It was followed by a number of relative small buys to push up the sp (URU is so infrequently traded that a few small buys generate a decent rise in the sp) and then comments about fear of missing out etc to try and suck people in. The regular posters on here know Zorbas is simply a con artist (see MRS etc) and the tactics didn't work as the sp slid back to current levels. And so they decide to try again with new posters. Even if Zorbas announced drilling results via RNS I for one wouldn't trust the electronic paper it was written on. Just avoid at all costs is my advice. There are decent companies out there that are worth investing in rather than another Zorbas scam.

JZ can make some up easily enough

VR Global Partners, L.P.

They had 57,125,356 as at relist and divested 52m recently to leave 4.9m which they sold today, so yes, most likely the transaction Malcy was referring to.

Thanks PF, just seen that. Maybe we can hope for a more balanced trading pattern going forward, assuming Agadem doesn't start selling up ;-)

Thanks CuriousO, didn't realise that. VR Global may well be out today as they only had 4.9m shares left after their holdings RNS and there were 4m sells late on. Would be nice to think so anyway and see if we get back to normal trading at last.

Yes, that's a divestment of 52m so would be good to think that might be the end of the selling and we can move up quickly. Looks positive at the moment :-)