Member Info for Magoo79

More and more RNS announcements of large investors accumulating at 13.2 or thereabout. They are not buying now to sell at 13.5. Clearly they are betting on an improved offer by Patel or, hopefully, a much higher counter bid by the chinese or someone else

@fort could it be that we haven't heard anything on the funding side as they believe a deal will be signed before we actually run out of money? I don't have a great deal of trust in Scott & Co, but it's not an unlikely scenario...

Great step, finally. Now let's put a "for sale" sign and get the bidding war started

But we have never been in better shape. SP rocketing again. 30p by friday? 35?

"the company has never been in better shape".

My heartfelt thank you to Scott and the board

Wtf just happened? Up 11% then we close where we started, sub 7p.

Well, at least red and the happy clappers are happy with the management and the way they are spending our cash

Is Robbie still crossing t's and dotting i's then?

@red I am tired of your verbose and patronising comments. Another good chunk of green boxes will populate my page so i'll need to check it only once a day now. Good look with your investment

Ok red, so it's the market that doesn't get it then. Got it

@BBB sorry but there is no evidence at all of the company being in a strong position. SP is at the lowest level in years, press interest is zero, cash is being burnt without apparent reason, company strategy unknown/missing, exploration stopped, Ecuador in turmoil, employees stealing from the company, high turnover of CEOs and executives..

I am still invested and I have topped up at 8p but I would feel and idiot if I were to say "we are in a very strong position". Reminds me of that lady who used to repeat "strong and stable", it didn't go that well..

Scott, prove me wrong, please

@folio, what figures? I want an RNS, not a pretty picture. Same goes for the interview

They are good with pictures and tweets. But unfortunately to run a successful mining company you need other skills. I am fed up to see tweets about how busy they are producing and 1) we haven't seen a production number in months and months 2) it's clear they don't produce enough even to keep the lights on, given the shocking financing deals they signed.

Also, every other day they keep saying how well the audit is going and how close its completion is. In the meantime the share is still suspended and most shareholders, me included are 50-70%.

I'd like to say this on the GCAT telegram channel but the happy clappers would get me banned in no time..

Voted No, 250k shares

Presentation over already. Eric spoke with a monotone voice as if he was reading the shopping list. No info on the timeline and process of the offer, he focused only on operational progress and financial. Neutral to negative spin throughout the call. He's lost any professional credibility

The presentation is under news and not under "presentations". Took me a while to find it

I'm listening. Eric doing his best in putting a negative spin on the results. He said the presentation slides are online on the company website

What a joke. It's clear that they won't face investors ever again. Cowards

Best quarter ever and all Eric can do is downplaying the results as much as he can . What a disgrace

When I saw the "financing update" title I assumed we finally sorted the deal we are pursuing for over a year. But no, we are going to a pawnbroker who is going to lend some spare change at an extornionate interest rate just to keeps the lights on for a little while. No info on the progress of the actual funding deal. Shocking. Thankfully the share is still suspended.

What a disgrace

Sorry guys, despite enjoying the nice pictures posted on twitter, showing that there is some actual mining activity ongoing, we know ZERO about finance, operational progress, funding, prospectus, permits etc. I am sitting on a paper loss of over 50% and for months and months I haven't read any hard facts on an RNS. Almost 3 months of suspension for what at the time was sold to us as a trivial matter.

Yeah, the CEO seems like a nice bloke and a genuine one. I'd like to have a pint with him but i am no longer sure he's the best person to run a gold mining company.

Now some simpleton will tell me that i am a paid deramper, go on, I am ready