Member Info for pedro61

The nearer we get to the mine opening the less risk the market should place,so, today was much appreciated as topping up at a discount when gold is flying is a great trade to make....I think opportunities like today may become very rare,as we progress towards the opening.....and as such these opportunities should be grasped,as the value is self evident....

Everything has a price and a risk. An intelligent Investor can judge the time to take the risk on a risky share,and the time to be out. This is a gamble,and those that take the risk should be fully aware of the history of deeply discounted placings,that is the risk they face. I prefer to wait and see,because this is a big gamble at this point. I will invest at the right time,if the value is undeniable,but, at this moment,the big selling could beindicative of very negative newsflow imminent....A placing maybe? At what discount? What was the discount last time?

What was the overnight percentage drop on the last raise? I remember it being a huge drop.....

The gamble is that this generates enough cash to keep away from another big discounted raise....Remember the huge discount last time?.....No,this is a gamble,and many will not take the risk......

I did not say that. I said I am waiting,as timing is everything. I am just hoping for 6p.....Something not right with all this selling,what price do others think this will drop to? I would not say 4-5p,but, anything possible.....I have made good profits timing this.....I will not buy until I am confident of it not dropping....At the moment that is not the case....

This is selling off,as expected.......Could we see 6p or less?.....Possibly.....

Timing is just so important with this share ,hoping for 6p.....to get back in....We shall see....but .is this dropping for a serious reason?....It could be a very serious reason to drop over 20% in a day.....opinions?

Many investors need to consider the pace of progress under this management structure and then compare it with the management structure under CNR....Is there any investor here that thinks the latter is better?....Or even comparable?......Or anywhere close? ......If there is then a right to whinge exists for those Investors....But if not then ,constructive criticism and comments are o.k. but abject whinging for the sake of it should be avoided,as it sends a message that is surely not deserved for his hugely undervalued and appreciating concern....

It should be,I am in THX and that is up 14% tonight,so it looks like most goldies will be seriously bought tomorrow!

Fantastic news....14% ....

The whinging and whining and knitpicking is on a scale I find hard to believe,considering we are progressing nicely and steadily.....Darren is working extremely hard and efficiently,and not a salesman as some suggest,otherwise he would be spending time talking instead of progressing everything at pace....

That might have been my sentiment yesterday,but, intelligent investors can change their minds at any time,as everything in investing is fluid. Not yet ready to pull the trigger,as this has a habit of dropping after a rise,as impatience takes over....We shall see....

This is weak and could go weaker....I made great profits on this because I timed things right....I have a point for my investment,but I am patient....Too clever to get in before the bottom.....How far will this drop as sentiment is poor in this environment....It could drop and drop big.....

Oil rationing now being openly discussed by those in the know......If that happens MCG more than sitting pretty for increasing passengers and fares,with a big drop down to the bottom line. ....This is too cheap by far with that eventuality on the cards,in my opinion......Far to cheap,as the situation could be fast approaching.......

10% spread is killing the buys leaving the sells in control of s.p. ....

Nicaragua will be treading very softly from this point with Trump in the background....Many signs they are now toeing the Trump line....

Benben88.....Scraping the barrel will not help you escape the thrashing that your obvious attempts deserve...This is cheap and getting nearer to cash generation ...You were long when you should have been short....and now you are short when you should be long....I think you lack very much in the "thought" deparment.

Why are they finished.?...Gold does not have a tag on it saying "made in Nicaragua" the last time I checked......Think how ridiculous your last statement is...

Just my opinion,but, I would be reluctant to be taking on this ,when it is so obviously undervalued and expecting news soon,as we are ticking closer to the mine.....up to you.....If you stay short you are just so brave....but foolish???

BenBen 88. Time to cash in on your short,as this is only going one way,at this valuation.....you can cash in with a profit...Leave it and the thrashing you are getting today will just get worse,and your profits will go big,big losses. Just a piece of advice before it is too late.....