Member Info for mrcautious

It just worries and upsets me that people are now looking at 10p as a target when not so long ago this was a mean running price !

Dont know much about this case other than the SFO investigated and ruled against them. CASP have always seemed to me to be doing something fishy but I couldnt quite put my finger on what it was. I could never believe that they were THAT bad at oilfield operations unless it was deliberate...

MB - Okay I was a bit salty here ! I notice you mention UKOG that BB is like a bad day in Gaza !

IMO - The barge purchase was a turning point for me, the forced purchase of an asset that no one else wanted off the books of a company that KO controlled to the the unwitting shareholders of CASP and still, as far as I am aware, no work for it yet..

I see mention of the so called Bunker again this morning which in itself makes me annoyed on 2 levels, a) due to the self righteousness' of those that think they have created a secret investment society and b) Nothing they have done and none of the waffle they have created has helped this to be a better investment for anyone - bunker or not, just a childish "i am in the secret club" mentality. IN FACT it is even possible they may have been easier to manipulate by their beloved Kiran !

entelon - If you are an ethical investor should you be in AIM at all ? Its all about ripping people off to keep less than good companies financed !

DIP - I am not trying to persuade or deramp anything as you accuse, trouble is with guys like you is you dont like any negativity on shares you own or maybe even own too many of. I am just saying I am disappointed with what seems to be happening with this share which seemed to have some potential when I bought in. You dont know what my portfolio looks like and what my investing performance has been over the last 10 years. Obviously you are an investing guru (according to you), but I would wind your neck in when assuming what agendas others may have.

Yes - creating tunnels and shafts possible also in hard rock takes money time and expertise. Sonora has always been a 'scoop it up' type of mine..

CC - a good analogy - Stockholm Syndrome - a feeling of love or benevolence to those that have locked you in and abused you over a period of time - very apt !

Right-on Gritster !

I do wonder what happened to flawlesspricks ?

There is probably a good reason why many AIM shares aren't available on Etoro etc. Its because these types of broker platform offer very cheap or free trading on the basis that they trade against each trade you make which is how they make their money. On a lot of AIM shares this is not easy or possible so they are excluded so you dont get something for free at their cost.

I think averaging down on a share without VERY good reason is and investing 101 mistake - after all its what Nick Leeson of Barings tried to do ! I have bought some cheap to just recoup short term some losses on a trade, but I admit this is just a punt because none of us really know if this is always going to be a piece of _______ or whether it will ever come good.

I suppose if you look at it like this then yes - dilution of an exchanged/acquired asset

I think that bit of BCN news is null really. Zinwald was always years away and I just think it was a bit of non-dilutive fundraising on the part of Secker so neither particularly good or bad...

I have a few grands with at 1.8p so they should come good, but the larger residue of my holding needs a bit more of a boost !

Call me old fashioned but I thought these boards were for sensible share discussion not blind rah rah for the share with no real basis on any fact.
I know this is not an AIM share technically but the board reads like a very low end AIM share sometimes !
I was in an AIM junior oiler some time ago and there was a character on the board that flooded the discussion with mis-information what looked like detailed research and frankly several years of we will be rich etc etc. That share is now less than 20% of what it was and this person after 4 years of ramping has ceased to exist -- this niggles me !

adrianz - I think this is right, they play the RNS's like a stream trout on the very edge of what is the truth most of the time. Im surprised if they dont consult a psychoanalyst to learn how to use subliminal messaging on some of their announcements !

I would do a fair bit of hand snapping for 12p and see an end to this sorry saga...

I think this is my take, a non dilutive capital raise...