The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Policeman Steve, having a board full of optimistic people who agree with everything everyone else says and has no opposite views is not a healthy forum. I've earned the right to moan, and so have many others here!
Its not in his interest to get things done quick.
How much is he paid per year per company?
He's probably earning 50k a month across the board, plus bonus shares and fancy company dinners. Notton mention the first class travel, if he does? I have no proof but wouldn't surprise me.
Well if more drilling is to come at racecourse and ascot, one can only come to the Coclusion that the latest model will not trigger the buy back clause and therefore will not have 2mt.
Unless there is a way we can declare 2mt can continue drilling???
Following on from that, Colin said in one of the latest interviews for shareholders to just be a little more patient and we don't want to give a way a cadia.
They must have what we need to sell to AA or why would you make these comments?
I watched the last podcast with the whole team and zak again, the one after ascot discovery.
Colin is extremely confident we will hit the necessary tonnage. Some shareholders on here and myself included are concerned with the slow down in communications and also his change of tone in the interviews. There are only two situations in my opinion as two why it's changed so dramatically, 1. Colin and the team have succeeded in doing what they have said and are waiting for the market conditions to be better to maximise the sale price.
2. They have failed to reach what they/Colin have been stating and are now trying to find the necessary tonnage from footrot and ascot to make the sale to AA.
So is it now confidence or disappointment in colins voice? There's definitely a change in his demeanour.
He said we are waiting for the market to turn.
Sounds like there is a plan.
Just have to wait a bit longer.
Colins saying September, October for things to turn.
I think it may take a bit longer than that but, when it does turn I think it will be a rapid rise.
http://www.kitcometals.com/charts/copper_historical_large.html#lmestocks_5years
Just had a look at the 5 year lme copper warehouse stock levels. There is an obvious pattern with the stock levels and looking at it, we will see the lowest levels this winter. I expect to see higher copper prices this winter even in a recession.