RE: I've Sold All My Centamin Shares (Just So You All Know)21 Jan 2023 12:31
Hi Cowichan,
Sorry to hear that you have decided to sell out, although that's possibly me being somewhat selfish on my part, you have to consider what you feel most comfortable with and I can sympathise with your frustration at so many broken promises and missed targets over the years!
It certainly seems that we LTH were tucked up by the previous Centamin management who ran Sukari on a wing and prayer principle and glossed over their failure to implement appropriate operational procedures with copious amounts of media 'bull(****!" for which we are now paying a heavy price!
But that said the majority of the mining companies and in my experience most plc companies screw their shareholders ,so I don't have any more faith in any of them either, in fact likely less than Centamin, hopefully we LTH have been subject to all the crap now and if we are to believe whet we are being told things will get better from now on!
So thank you for all your contributions to the Centamin debate, there is nothing wrong in asking questions,even the awkward ones and its preferable to burying ones head in the sand!
So good luck with your decision, would I recommend Centamin likely not, neither would I recommend any other shares now!
This seems a fitting quote on why we are where we are in our world today-
"One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle.
We’re no longer interested in finding out the truth because the bamboozle has captured us and it’s simply too painful to acknowledge, even to ourselves, that we’ve been taken,
Once you give a charlatan power over you, you almost never get it back!”
Carl Sagen
Keep well
Tibbs
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