RE: much deflection by Law1317 Apr 2022 16:28
Once more unto the breach My 4th reply on this question to Nathan yesterady
Nathan are you hard of learning. I've explained my foolishness several times now. I've been in since 2012 which started of as a disaster with a new share issue of 5p (still better than now) after initially my first isa investment of 11k at 166p per share. Years rolled by and then we had the first boardroom take over which was a disaster then Kenges Rashikev obtained a 21% holding.
Are you following so far Nathan
Okay Rashikev wanted the old board back , especially as the new hub was almost up and running. So Peter and Pavel came back and around may 2019 gold started to rise rapidly. Up until then I kept the faith and keept topping up knowing gold would keep going up. So in October 2019 POG took off all the way to 40p in July 2020 and then strukov bought Rashikevs 21% and changed the BOD totally unexpectantlyat the summer AGM it was so unexpected as POG was going up like a rocket ship and secretive as general share holders had no idea what was happening behind the scene and neither did the in situ BOD/ Such a bolt out of the blue that the present at the time BOD called for and emergency meeting and the surprise proposals that no one had voted on were now put to the vote of all share holders . Everest who had once sided with Rashikev now sided with struckov and the apathy amongst the private investors was a disgrace . I tried with anotherPI to counter things but no one was interested in fact many welcomed the new crooks taking over. So strukov won the day installed his own people . broke into the Moscow office, threw mud immediately by ordering a forensic audit ( old crooked trick to point the finger at others of the crimes you were going to implement) and by christmas day Pavel was arrested and incarcerated without trial to almost this date as things are going ahead now. Wew had one poor result after another like a flooded mine due to ****e management our 3rd party refractory ore orders had apparently been overlooked as they were to busy framing Pavel and the previous bod.
Okay nathan still with me?
Okay the price of gold had also dropped a tad but by december 2020 POGs price had fallen to 27p. Everyone said don't be alarmed the bod are sorting out the crooked mess of the old BoD and so on. The price continued to fall and I wanted to hear idiots like you ramping things up, I wanted to believe it could get back to 40p and beyond. In late summer 2021 we had the IRC robbery where our 31% stake was sold for $10 million. when it was in fact worth at the time 185 million. This again was sold as a great way to lose liability for IRC, even by now under Peter Hambro it had thrived and needed no liability - did that work....no the share price kept going down. I then hoped a resurgence that was coming would overwhelm the downward trend but it got worse and by February 2022 it reached 14p. I was then on the cusp of giving up and selling and then putin invaded. I blame no o