OK, manned up12 Nov 2015 20:39
Majic
This might be my Ceaser moment, hope l don't disappoint you too much.
l'm happy as a messenger posting items l find, good or bad, but as an investment guru, l'm not.
alpal on ii's bb, sums it up quite well but l disagree with,
5, First part harsh but may be correct. Re DD, none of us know if someone we put our trust in, will turn and do the 'dirty' on us. That's what has happened with Celamin to the JV partner Polo) invested in.
( l expect comments on Tang v shareholders at this point )
&
7, wasted comment.
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WED 16:52 alpal
http://www.iii.co.uk/investment/detail?code=cotn:POL.L&display=discussion
I found this posting profoundly depressing in the light of the current situation:
1] GCM: Was 35p; now 8p
2] Signet: Oil was $100; now $45
3] Nimini: Gold was $1500 now $1100
4] Blackham: See gold price
5] Celamin: Not worth a penny as the shares have been stolen. Where was the due diligence before getting into bed?
6] Ironstone: Ore was $100; now $40
7] Cash: Not worth a penny as Tang is keeping it all for himself.
8] Summary: That just about explains today's drop in share price to 3p
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Prices have changed since that posting
There's no mention of WTI or Equus in the other views, but, shrugs sholders, not a lot of value to be found there either.
l did at one time think Equus was going to be something to lift this co, but it's all gone quiet there, and what with the oil price drop!?
Blackham seems to be Polos nearest lifeline at the moment,... only gold is not looking too strong in the near future
The markets don't like co's that just sit on cash, some of it either needs to be reinvested or paid out as divi's.
l would like a bit of each, we need to invest in something that is either up and running or very....very near to. Maybe something away from commodities
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Firm believer in not putting all you're eggs in one basket, and pleased to say l have a few others that are on the up.
l'm not the best at expressing myself but hope this does you.
GL.
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