Member Info for RIDER75

Guys I am also happy with the move.

At the same time, dont be rude to those who try to have a balanced view. I dont have a great position,,around 300.000, but thats always relative.

To be more accurate. Always experts are who helps to determine a quantum of a claim. Then the arbitrstors may decide on what percent of thst will become the award (take a look at Greenx).

In february not a decision will come, but the forst hearing.

And, the third case may.conclude in summer ot the end of 2026 the earliest.

That said, a huge rerate may come anytime (settlement) or in febr or in the summer this year.

I bought some of that shares also (Energy Transfer Mineral)

Swen Lorenz - (Undervalued Shares) has a great interesting writing of the story for subscribers. Really enjoyable reading, as always.

Seb referred today, that there might be settlement of payment of another case against Arg. Of so that would be beneficial for BUR s sp also.

There is an NDM/NAK board on stockhouse. Mot worrth looking at, only for mazochists. There you can find the most lunatic I hava ever came across, writing posts 3-5 times a day against the stock, for years, the ultimate basher, unbelievable really.

The yahoo boars is better a bit, bit there are also many idiots, the others are over enthusiasts, all of them dreaming of become wealthy with that stock, you can imaginee their state of soul presently, as Trump won, made statements on mining and easier permissions, and the stock in zhe massive rise (altough far from where it went 4 amd 8 years ago.).

If (if) any hint on potenital permission there it will really explode even from here.

But I have a favourite one: NAK /NDM.

One of the world largest undeveloped copper deposit, with gold, rare earth minerals. Etc in Alaska. Read about from my favourite ultimate best etc writer, Swen Lorenz - undervalued-shares-com. (He likes PAT really, and just send a new interesting writing on arbitrations, esp. Greenland and Energy Transfer Minerals.)

NAK/NDM is an evergreen spec stock, had huge rises with expectations before pres. elections. Its bellieved that the Gov and its branches made several mistske and arbitrary decision amd veto. The expactations are that Trump turm these agencies. There are several litigations evolving, and state of Alaska is along with the.firm and project, even the indigenous natives are beside them. With Trumps remarks regarding mining permissions in the future, and Governor of Alaska public request towards him, chances are getting better but thats really an extremely huge enormous potential project. My holdings there quadrpled but it could really go to the moon if the above mentioned permission could come. Alaska and the firm may have a hige claim if they couldnt get the permissions.

Hi Gal!

There is qn insane pumper called NIA, and he mentioned MILI Military Metals - in connection with amtimony. Highly speculative, and already gone up.

ECR is another, found them in comnection with a tax sale deal, one of heir projects is also antimony.

But these are not my interests .

We discussed how a lit financier may boost trust from investors.

Todays related news come out (amd Marcin Michalek had a piece about the topic), amd Emerson also started to skyrocket.

Didnt have time today to follow news....

Shows nicely what difference is made by involving a lit financier....

Well seems 2025 will be about these stories.

Gal is right, as usually....:-) abnormal(ly high) returns will magnet many greater player, based upon probabilities, (allocate only a few percent of a portfolio among this kind, and the succesful performamce is almost certain) more and more after some more conclusion, settlements, rules, and payments, and the news spread. After meme shares wull fal as a stone, a few of these will soum incredible to others.

And this segment is not correlated to the remaining part of the huge universe of stock echanges, nor to the real economy.

Excellent day for my lit lot portdolio...:-)

Marcin with close to a thousand followers amd with excellent writings may be a or the reason for todays move.

I wouldnt really care with any cutt off time

Whem time goes by, and heraings will be imminent, the sp should rise contstantly,,or in zig zag, but somehow. There are other stories, cases in the market, and their progress, or conclusion may also take this share also in the limelight, as many will seek for similar cases (thats how I found my way here, with the help of someone just mentioning the case and news in the PAT board. I also do have a small portfolio of this kind, and have bigger position than SC.)

Early settlement also may come. Someone wrote here, that its not worth investing now, as a fee month waiting may cone . Yes a few month. For a seroous investor few month is really a short period of time.

Hi Gall,

Also a rare earth mineral company, litigation / litigation finamcier. A few tens of millions mc vs 11 bn claim.

As a lottery ticket. I managed to buy recently to my arbitration lottery ticket 'portfolio".

May be in the cross hair of geopolitics and struggle for minerals

https://www.innovationnewsnetwork.com/the-kvanefjeld-project-potential-world-class-supplier-rare-earths/39520/

Do we know what share in percentagr term BUR might get after a potenrial ruling or early settlement from the Greenland case?

Obviously they will decide on the fact amd the schedule of spec. div payment, after settlement agreement, final ruling, whats more, after recceiving the ammount to bank accounts.

Think about it: sometimes it happens, that one party fail to comply with the settlement agreement, or initiate an annulment request, etc.

I dont want to be rude, but what you wrote is non sense.

Recklesness to say easily.

But according to the CEO, the claims are based on identival or similar background. Thus hopefully only the decided quantum of award is questionable.

All should take a look at the chart of GBU. There is no such thing as surety in this sphere. Chances and probabilities. (Opposes to that WIN, IDA , and MON had a similar background, and played out according to that against Tanzania. Altough with some or significant discount at the final payment/ settlements ).

Spoud, obviously, one way to happyness is to oversimplify the world around us.... :-) with some luck, you might be right. And I would be glad with that, as a shareholder. We are sitting in the very same boat.

I hope for the best scenaeios for all of us.

Good luck, have fun!

And really thanks for the valuable thoughts!

I wish good health and a happy new year!

Br

5058, when you write "510m that they SURELY win, you make a similar mistake.

If that was right.the sp would be far from here.

Obviously that is mistaken.

Nothing is sure, in this sphere.

The practice is that even the courts decides , tje claimamt dont awarded the full sum (there are exceptions), and more freqiently than not, the final payment is less than awarded.

No 1 -or 2 percent is what I refer to, but 20-30-50...

I would be more than happy with an agreement between 100-200 m, and a succesful payment around those nunbers.

Lets assume we witness such numbers in the SP. I would never stick to my holding, hoping that will double from there. No way, to take such risk, and expose myself to a low probable extreme surprise at the final.

Early settlement what we need with 100-200 m usd. That would be optimal.

Manfor,

If you checked the annual report, the sums are there in CAD.

You mentioned this cost based stuff, as a potential claim value. In practice, while assess the acceptable claim there are many basic principles. Among them are those related and aimed at that calculating and after getting the award, the claimants positions should be somehow zhr same as if nothing had happened to them regarding their investments. Thus if that was the investment of the century, and the claiments could have reached huge profit and having an asset that is much valuable than it was whem the expotriation, abuse of treatys etc happend, then it reqaly might be that arbitrators decide that 10fold or 50 fold or 100 times is due, compared to the original investment.

With gold mines, it is usually the case. (Hopefully to our favouriite of this kind by far, PAT, Panthera Resources vs India, where even 1,5-2 bn might be their claim, after a frenetic gold project )

(Think about it, otherwise all governement would do the same with all the exploration firms and projects.... steal their explorations for nothing.)

Under covid years barely anyone wanted to do new oil expolrations... I remember how lucky I was when bought Shell, Bp, OMV, Total, almost literally at the bottom. Take a look at where they went afterwards.

Br

SC would you share your metholodgy and the math behind, how you have arrived finally to this 3-3 5 p ? :-)

Gareth, we would cry in if takeover would happen... the bulk of the potenttial that would materielize only in 6-18 months would enrich others....

I doubt that.

(An example: when gas price exploded due to the war in Ukraine (and due ro idiotoc measures and rules in the EU, and the unscuoulous commoditiy market speculations) Hungarys energy bills skyrocketed (thus the hungarian forint fall suddenly to record levels ). The goverment (or state owned companyl had to pay the bills, but to avoid additoonal HUF weakness, the national bank gave the opportunity to make the FX change from its reserves, evading the open FX market. (Plus hiked the interests rate from 13 to 18 % in one step.).)

StockC, I am afraid you are probably wrong.

A country's FX reserve is not something like a bank account or a pocket where a governments money as a disposable source to spend can be found. Its usually the national banks mandate to deal with that. The level of FX reserve is only a matter when the government has the will to execute huge payments, but there is lack of foreign currency to do that. The governent will / would pay, from its budget, from its accounts. The national bank may help them to get the proper ammount in foreign currency, but it is up to the gov to fulfill that obligation.

I think.