Wolfe,2CV15 Aug 2013 04:36
Nice to hear from you 2CV.On AIM there are a number doing quite well-in fact about two thirds of them, as ref. to the list on iii shows.Not just goldminers.Though 2CV's ref. to RRS confirms you don't need to risk AIM there's plenty on the table now from majors-AAL,ANTO,BLT,GLEN etc. not only the more publicised goldminers.I think many who did time here might be almost permanently put off companies without production.And yes the board now the old board did mess it up.No doubt if a full bull market does emerge in metals we'll see the over hyped AIM ones again blaring forth about a few grains on their drills.The herd who always arrive late miss the gains on the obvious ones and rush at anything with a few lines of blurb.Yes of course fortunes can be made if lucky.I read somewhere the already-rich don't invest in such things-they don't need to.All they need is quiet companies going sideways but paying dividends.Your Tim Dick and Harry do the risktaking and often lose heavily.Only the select few on company boards really know what is going on.I'd infer here that something is certainly going on,surely not closure but possibly lining up for some masterplan ? I'd not assume shareholders would benefit too much.Going private,consolidation,selling the rest of Dutwa,a takeover must be choices.From the point of view even of MP and others they have other interests and money so might write off anything here for tax if required so not too much risk for them.The word "limited" means limited liability- companies are quite resilient and you can easily create shells and sub companies as safety nets.Shareholders have no such solace..GL
Sign In
Follow the stocks
