Member Info for Ojay

Fully agree:
1. Top priority: LP
2. Drilling new sites: Only if H1 revenues are available or a DQE deal provides respective funds.

Why's that?

The MMS dictate the sp movement game - at least to a certain extent. Depending on the MMS' plan the sp can go both ways - irrespective of the buy/sell volume.

Doc83: If the Mongolian Parliament does what its supposed to do, i.e. legislation, there will be no hold ups. The gov. authorities are the ones who grant/deny permits.

Well then Zellman - let's hope that those Chinese people heading home are PM investors and have reason to celebrate!

Good job Cormie: I assume you're well ahead of me in terms of share holdings although I really can't complain about mine.
Whichever way I really hope the long wait (years!) will finally pay off for all investors - irrespective of how long their investment period may be.

Hamm: Great stuff.
However, you can't have $6mio in the bank forever. The longer it takes to get revenue generatinon going - the more urgent the funding issue will get. We've seen this before - nothing new. The only way to avoid another placing would be to join up with DQE and/or get started with the oil extraction.

I for one love positive posts. But they must have a basis.

Looks like sticking to a schedule is a general problem in Mongolia.

Makes perfect sense - just the way I've been looking at this MM-theater for years.

I have long ago accepted the fact that I'm just a pawn in the MM's trading game. I have no control and there is hardly any transparency. I've always said it would be nice to know who is buying and who is selling - it clearly must be equal (the MMs can buy as well).

Agree - we need LP. What next? Let's hope nothing else gets in the way!

TheToe: At this point I would agree that PM is defo a holding operation. And the way it looks - all ramping aside - this share should make us investors all proud. But as you say: When to sell? Not too early and not to late. One thing's for sure: you'll never hit the sweet spot. Ultimately it's all about what your investment strategy commands you to do. Stick with it - even if it hurts. Follow (some of) Warren Buffet's advice (even if it may be too late now):
1. Investing is a long game (if you think otherwise go to Las Vegas)
2. Be greedy when others are fearful (i.e. buy when there's blood in the streets).
3. You can't time the market

Wish all of you the best!

Clearly, those are just a few samples; W/B has a lot more advice to offer - read one of his books.

C'mon Master:
"If we don't get the new block news tomorrow either via RNS or from mpram website, then we need to worry".
Those were your words (post @14.45 today - i.e. not so long ago).
We all talk crap sometimes. But there are posters around who admit it. What about you?

OK Master start worring...

B/p: Now you're being really tough on your buddy....

That's nice. However, these type of rises are in my modest experience not sustainable (would be nice if it were so).
So be prepared for a red Monday in case the "Mother of all RNSs" isn't issued.
Have a great weekend and take care!

What goes up must eventually go down again. But who knows when and how much?

Hamm: Guess it - at least sometimes - pays off to keep holding on. By now you must have millions of shares - good for you!

I know what game you've been playing....

The censored part meant to say: "co**y". You can fill in the rest.