Member Info for oldskool

Troajan, that is what I see...too much good and too much bad. It is all very mixed at the moment. Too mixed. Too mixed to really get your head around it. So if I sit back and take a look, yes it makes me twitchy. We needed a real recession in 2008. That puppy was just that, a puppy. How is all the QE going to come out, what will it eventually look like? Unknown territory, certainly for me. There are some big old time investors that are going to 80%+ cash already. They may call it wrong, but they aren't where they are for making too many errors are they? I do see some can kicking up until, and inc, Q4. Q1 2020, well who knows. Maybe it will boom. It is a game, with little if any rules. Michael, crack on as Q4 is coming.

prices are certainly down, not processes. Grrr.

Dreamy, spot on. Past performance and all that. I don't do luck so cannot comment on this. Don't know enough about it...err...no...ohhh....yes...it is not real. Forecasters are talking about Tungsten prices rising. Some are, that is correct. Who is paying then is what I would ask? Applies to the otherside too. Prices may rise, they may not. It is unknown. Some forecasters were predicting much higher prices than now at this time. What we do know is process are certianly down on where they have been. China says today x, and tomorrow it says y. Wind, and change. Actually you will find, equally, as many forecasters predicting global doom from Q3/4 as you will otherwise. In terms of cycles, we are well over due a correction. Way overdue. Recession is due, and it should be big. The Fed, BoE and ECB have no bullets left especially now all the QE is working it's way through. They may well, as they have done in the past, kick the can. How, I do not know. I have no idea what they did to keep the Italian banks afloat, oh no, yes, they [ECB aka German banks] lied, broke their own rules and kicked the can. What matters here are the production numbers (costs) and can the plant avoid being mothballed in a global recession in the future (near future for me). If the numbers add up then WRES will survive the cycle whereby many others will die. It can then rise like a Phoenix. Thankfully nothing to do with luck or sky fairies. Thought for day 'Ideas do not have rights, therefore ideas should not be protected'.

GIT. ;-)

Just got wind of Mr Masterman finally dealing with the delays and bringing in the big guns in to speed up La Parilla.

https://youtu.be/lgbhh8E6wCg

GIT....it is only half full because Mr Masterman keeps taking a big swig from it.

....if you can get in. DYOR. You gotta love a director like that.

No. It is a Friday. Sh4tist day of the week for an RNS, unless it is an absolute blow your socks of 'I WWTBOOTOTW' RNS.

AIM is not for investors. Unless you can find that unicorn. Take your 20% (25% is perfect especially with some of the illiquid crap on AIM). Watch out for stupid spreads...MM's gotta to make as much as they can. AIM is corrupt and the FCA aren't interested. Ladbrokes anyone? (Other book makers are available)

Stock market - FTSE 250 and FTSE 100. Then AIM, which is a pit of s'it full of snakes. Grrrr, AIM.

https://youtu.be/Ydie6GVTkKA

Just a reminder....the captain of the ship speaking. Horses mouth and all that.

I may as well throw my notes in the bin.

So Michael...not only was it late it is now even later. I make it May 15th today. What happened to early April? Hmmm. This is why we need the warrants and the loan. Why already a month out when you clearly say April (early). Perhaps today we will have an RNS saying something. Or perhaps not. Accountability MIchael. Anyway, 'good luck', 'fingers crossed' and don't forget to count the magpies or walk under any ladders.

Roll on 7am.

K3. No I didnt say that. I cannot like MM as I do no know him. I do not trust him based on his actions. Lets not forget...No more placings. Either way I still can buy the kit, buy a ticket and attend the game even if i don't trust, or like, the manager. K3 you need to play the ball not the man. I am here to make money, less now. Equally my risk is less. Actually every static investor is making less money on any rise now after the last two cash calls.

Trust or like. Swap words if it helps. Change the football team to any other team. It doesn't change the meaning or relevance given the context. Semantics.

K3. I am not worried. Not at all. Equally I have no idea if you are or you are not. Irrelevant comment.

As someone has mentioned already (or alike). I can buy a Liverpool kit (not that I would) and buy a season ticket (never), even if I don't like the manager. Yes, no? I can complain about the manager too. Or like some, I can blow smoke up his ar£e. The success of any large company is not dependent on one person, thankfully. Even if that person made a a billion dollar company (cough cough).

As DH has noted...supporting facts anyone? Or vague statements that change as often as MM's flight times.

How much has been produced? We had a fanfare with the initial load, photos of lorries and bags. Twitter alive. Why no more? Exactly the same thing happened with the tailings. These are facts, evidence if you like. It is often not what is said, but what isn't.

Massive volume again with so much news due...market speaks. All this production and millions coming and no volume, even with plant erections on twitter? These are questions and concerns any investor should raise when reviewing their investments. Be the tenth man. Or you could say 'Good luck' or 'it'll come good'. Lets add 'fingers crossed' to the list too.

Facts change, then I change my view.

Yes GB is on fire at the minute. Sizzle. Done as he said hasn't he. Ronseal. Now needs substance or back she goes. Market is fickle.

Not just at this moment...for a long time.

Found it....BHR. Beacon Hill Resources. What a crock of that was. What a plonker I was....or am as per Mrs Oldie.

I also lost a good lump on a dodgy coal miner in Mozambique ( I think it was there). BMR? Something like that. They got themselves all confused over who owned the trains to move the coal...turns out they didnt and 'pop' ha ha. AIM, grrrrr. I really do wish I had never entered the arena of AIM, but here I am. Can anyone escape? Does anyone escape? Where is the exit?

Troajan. Just had a look. Came away from MTR with 34% profit, but I could have come away with nearer 60% if I had trusted my instincts. I held for too long. Greed? I think so. I have always said that WRES has, so far been a error, I got too involved. Lesson learned. Let's see if this heads north and steadily. I am prepared to sell out if MM fooks up again or the economic outlook continues to be grey and gloomy.

Troajan. I also said to Hbob that I sold as it pulled back.
Everyone had a chance to get out on that one if they wanted. I have not sold all my WRES. Far from it, but I have reduced my exposure as I think risks have increased and reward significanfly decreased. MM is the problem. I sold a fair few and put some into ZEN (hmmm - I just cant get this sector right) and a nice wedge into SKIN. I have already mentioned that. So yes, the last few weeks have been good to me because I sold some of this. I also have some EML although not as many as I did have (profit is profit). I called LION before it did 600% (all on here first). Of course I didnt make 600%. Equally I made a bit and then lost a bit on PEL. That had so much promise. Sad one that. I wish now that I had sold all of this and gone into SKIN and another I am watching and learning about, more SKIN though. That may well pull back as i intimated at over the weekend. I don't hold many stocks at all. I buy a couple of ones I am happy with, no splatter guns in Oldies house. Win a bit, lose a bit.

Eggy. I wont shoot you down. Bobtree may. Some just see the light because MM whacked them with a spotlight...takes while for full vision to return. I could do a run down of why we are here, but there is no point. Volume says it all, and so much news due (apparently), maybe even thick and fast....haven't I heard that somewhere before? Hmmmmm. MM sated on his Betamax video thingy in April that tje jig and mill were well on song. So, what has happened in the last couple of weeks Michael for this latest delay? Cash burn? Cash burn? Cash burn? Moggy has popped some useful dates/timelines up, not sure if he got the year correct though.