Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Lawrence - we're trading semantics here. I don't think 'Russia' was sanctioned, but Boris took pot-shots at every pie he thought Putin had his grubby paws in. And your desire for POG to just say 'eff em' and carry on as whatever counted for 'normal' is just, well, unrealistic. Look - I got hurt but it was a massive punt on my part and I have no-one to blame but myself; I've also got exposure in POL(ymetal) and I could also come unstuck there. If I do, then I can only blame myself again. I SPECULATED on POG and POL. My choice. My mistake.
Its only a minor point - and it won't take away the hurt - but I believe POG were never sanctioned per se (please correct me if I am wrong) - it was GAZPROM who were sanctioned. I know there were 'other issues' so please don't shout at me ..
Same as @Mattprl ... ajbell have just told messaged me to say all my shares are 'history'. Sigh. So that's £10k down the drain small beer I know to some of you but hey ho I'm still alive and in the grand scale of things (Ukraine, Turkey etc.) I am tons better off than lots of other people ..
@hopeful118 Yes, I agree ... I worked in the City a few years ago and the traders are just barrow boys who panic like sheep when they hear a dog bark. I'm going to put my faith in the Sage of Omaha!
Thank you hopeful18 (and any others) most kind ... I just remember what Warren Buffet always opines: "Time in the markets beats timing the markets"... so I am going to do what I think Warren *might* do if he was in our position ..
Could any kind person please give me a brief (!) summary of what's happening with Polymetal please (I've been out of the country). I'm in for 2,500 shares btw - small beer I know to some/most of you ...
Thanks
Guys - its me again - the bloke who saw £150k disappear (no)thanks to the numbskulls at Equitable Life. If I 've learned two things in life (and I've spent more than my fair share of (wasted) time in the courts) its these:
1. Never sue or pursue someone or something who hasn't got any money because if they are truly skint, then whilst a claim may go in your favour it will only be a moral victory and you will walk away out of pocket nonetheless
2. No one EVER makes money when they shake hands with a lawyer ... so you can send Carlton all the dosh you like but even for them no. 1 above applies and they can take your £750 and tell you what I'm telling you for free.
Apart from that, I wish you all the best in your pursuit of this rainbow ..
I confess to being about £10k in the red because of POG, and I also confess to dreaming every night that Putrid drinks a cup of polonium coffee one morning for his breakfast ... but: some 15 years ago I saw my £250k pot in Equitable Life chewed away by incompetent idiots within the company and useless FCA mis-management. Suffice to say, I was left with £100k for my pension (yes - I 'lost' £150k!!) but - why am I posting this? Simply because - I'm still here!
I started throwing everything from EL in the bin until one day I saw 'Compensation' on the letter. I opened it to find my 'compensation' was ... £0 !!! So my attitude to POG is this - yes I'm taking a hit .. but I'm still alive. Yes, I know my POG 'hit' is nothing compared to the losses of others, but if I can survive EL, then you can survive POG ...