Member Info for NoelShempsky

"sliced today"

My word, how long has it been since anyone on here said they made money on FLX?

Could I have been right about Mike Read's twitchy fingers?

Some of you might find this interesting. A BBC2 programme from the 1980s.

The Mayfair Set episode 2 - Entrepreneur Spelt S.P.I.V.mp4
https://www.youtube.com/watch?v=MsgJIpYreis
At 31 mins 20 secs - mining in Africa. At 33m 30s it gets on to gold mining and a tale that I think is relevant to today..

The first episode of this four-part series -

"The Mayfair Set episode 1- Who Pays Wins"
https://www.youtube.com/watch?v=234H8X1-JiA
Also at -
"The Mayfair Set: Who Pays Wins (1/4 BBC)"
https://www.youtube.com/watch?v=b_kE8GczzuA

Go back on this board and read my posts of three or four years ago.

I was very optimistic about the prospects for SHG. The company was well run by good, competent managment and it had ever-expanding resources. Those points are still true, today.

Even perhaps eighteen months ago I was still quite upbeat and hopeful for the sp to rise to reflect, what I saw, as the true value of the company and I was hopeful for a dividend payment..

What have I (and not just me) had in those years of waiting - disappointment - endless disappointment, which is the reason for my cynicism.

You can forget all the analysis - it doesn't apply in the case of SHG.

We will never get the VAT back. The Tanz gov't regards it as its money.

A cynic is someone who tells the truth in a way that others don't like hearing it, especially not liberal bigots.

However, having said all that, at this sp, SHG might be a reasonable gamble.

Sorry about the double posting. I got an error message the first time so sent it again.

In that case I suggest you don't bother to waste your time reading my posts.

They obviously go over your head.

In that case I suggest you don't bother to waste your time reading my posts.

They obviously go over your head.

Typing errors corrected and an extra bit of cynicism.

SHG announces an increase in resources and the sp goes down.

What is going on?

Still no VAT refund.

I will be proved right. I said we won't get it and we won't. The Tanz gov't sees it as their money and I think that if SHG were to ask for it, they might be arrested on some trumped up charge - threatening behaviour perhaps - and if SHG got the idea that publicity might help our cause and they went to the newspapers, they might be arrested for spreading fake news.

You can see what I think of politicians.

SHG announces an increases in resources and the sp goes down.

What is going on?

Still no VAT refund.

I will proved right. I said we won't get it and we won't. The Tanz gov't sees it as their money and I think that if SHG were to ask for it, they might be arrested for threatening behaviour.

Thanks cigna12345.

I think your message got cut short by limit on the number of characters we can post.

Thanks cigna12345.

I think your message got cut short by limit on the number of characters we can post.

To my eyes, that double bottom reversal is still in play, and 53p will be taken out fairly soon.

Please see the two-year chart

I see that a bit later yesterday, someone bought a million shares for £490K.

I feel a jump in the share price coming along.

Today 9th July 1.1 million ECK shares bought, in two parcels of 550K - approx £540,000 in total.

Jim Sinclair is another who like Schiff knows about the economy.

Sinclair is Mr Gold. Time will prove him right and those who sneer at him as bigotted fools.

"... Few listened to us as markets “proved us wrong”. But as time went on, the economic/financial reporting became more bogus and further from the truth to the point even young children had questions. ...

For example, people are finally questioning if the economy is so so good, then why does the Fed need to lower rates? Or why are individual companies confessing some very real individual problems? We went for years hearing the Fed would “normalize” rates and would have no problem doing it. We disagreed loudly and laughter ensued. Then, last fall the Fed raised rates three times which led to a near meltdown in Dec….until the Fed caved in and called a halt to rate hikes. Now, here we are again where the Fed is being forced into lowering rates or else the markets will rebel into a black hole. The Fed has it’s back to the wall facing their greatest fear, the dreaded liquidity trap!

...

... where 300 or more paper gold ounces have been sold…for every one ounce in existence. Is this twilight zone stuff or what?

And as for “confidence” and what might be the final straw? Can you imagine the coming body count when Jeffrey Epstein starts to talk? If there is any topic that snowflakes and conservatives can agree on, pedophilia is probably it. Can you imagine the reaction when representatives, senators, ambassadors, prime ministers, and even royals from all over the world are fingered?

..." I would rank "liberal bigots" alongside snowflakes.

https://www.jsmineset.com/2019/07/08/into-the-twilight-zone/

Thanks for the kind words FK and NicetoMichu.

On the point of eggs in one basket, I do have a bit of a reserve. I think I'm on to a winner with ECK, and FRES looks good too. Even if they rocket they will never make up for my loss on FLX, unless of course it turns out all right in the end for FLX.

GLA.

Will FLX make a tiny profit, a good profit or a huge profit?

Does making a profit matter to the SP?

I have just been listening to the Today Programme on Radio Four and a topic that was discussed was "What is the secret of Amazon's success?"

Some woman talked of what a huge advantage it was that they didn't make a profit.

It was like that in the dot com boom days - profits didn't matter. What mattered was cash burn, the faster a company burned it, the more its sp went up.

Why doesn't that work for FLX?

I obviously don't understand the world I will never have the astute thinking, wisdom indeed, of FK1. The world is too mysterious for me.

For example, in Britain, we are told to turn our thermostats down to nineteen degrees, what's that in Fahrenheit, about sixty-seven degrees? The government tells us to fit triple glazing and loft insulation. We mustn't let any heat escape from our houses because it is so bad for the planet, and yet, you can buy a patio heater and heat the air outside. People with large patios have four heaters – one on each corner.

I can't help thinking that there is something odd about that, and wondering "How can that be?" I hope that isn't a silly question like why doesn't superglue stick to the inside of the tube.

I need to be able to retreat into the world of obscure thinking like this. It protects me from the consequences of what I might do if I were to dwell on my huge loss on FLX.

RNS announcement from Eckoh Technologies, ECK -

"Eckoh plc (AIM:ECK), the global provider of secure payment products and customer contact solutions, today announces that it received notification that on 4 July 2019 Christopher Humphrey, Non-Executive Chairman of Eckoh, purchased a total of 100,000 ordinary shares of 0.25p ("Ordinary Shares") through his ISA at a price of 47.375 pence per Ordinary Share.

Following this purchase, Christopher is beneficially interested in 500,000 Ordinary Shares, representing approximately 0.197 per cent. of the issued share capital of the Company.

..."

Ignore FK1 at your peril. I learned that the hard way.

Help a starving author, buy my book.

The Perdix Project by Teddy Tunstall

https://www.amazon.co.uk/dp/B07SJNP9S4

A short extract of this marvellous techno-thriller - Myriam is shocked by Nigel's suggestion of using daring methods :–

“Nigel! Hacking into their wi-fi and using tracking and bugging devices. What are you thinking?”

“I don't understand why you are so shocked Myriam. You must have been taught this sort thing at journalist school. You can't succeed as an investigative reporter without using these methods.”

“They didn't teach it at university.”

“Right, well I'll teach you, ..."

"Second US town pays up to ransomware hackers"

https://www.bbc.com/news/technology-48770128

Drat - caught out by the limit on the number of characters. Here si the end part -

With hardly a clue to be seen, he needs every ounce of his ingenuity as he tracks down the secret that lies behind this mystery, and when he makes the shocking discovery that this, ultimately, presents a threat to the global order, the urgency makes him take drastic action.

Share in Nigel's sense of disbelief as he finds himself caving under the Peak District on the hunt for the cause of the shift in the orbit of the International Space Station."

https://www.amazon.co.uk/dp/B07SJNP9S4

Also - that should have been "when will WE ever get a similar announcement "

I'm a writer not a proff reader.