Next time they come around, allow them to pump it. First they ramp it up more and more, then they put a small amount in (fish to catch the whale) then as it goes up a bit people think that's it and fomo in. This makes the price spike and they pull the rug. Next time, wait and pull the rug on them instead :)
You may, or may not, have noticed that what I just posted chased away certain people as I scuppered their plan. They will forget and come back though so just be ready to play them at their own game!!! :)
Just a friendly suggestion for an exit strategy! This is about to get pumped, again! When it does, sell when it is up, then wait till it drops and buy back in. Its how you get your average down. Eventually, if it happens a few times, the pump will equal your average....think about it as it works for me...no need to reply GL :)
I'm thinking that Clon's timescales are fairly stretched out. It's been about 12 years since the court case over the Ghana oil Block was "resolved to Clon's satisfaction" and about two years since Clon reported it was being sent to parliament for ratification. Surely we must be at least past half way. If not then it may well be the next generation of politicians who need to deal with this and I will give my bottom drawer investments over to my grandchildren!!!!!!!!
The market cap on clon is so low it can move on very little money. I would imagine any announcement would cause a massive spike! Need to be watchful then!
An MOU at this stage would, relatively speaking, be a big deal! Because, as far as I can see, it would be Clon's greatest achievement, to date! :)
Maybe they gave him a lift home from Bolivia :)
Eagleeyes, I don't mean to be disrespectful, but, if people are trying to get information via email and you are the only one who seems to be getting answers, could you please ask him something more substantial than simply saying when he is now back from Bolivia. I am not saying you aren't being truthful but surely you can see how it seems odd that your emails are simply saying "I am now in Bolivia" and then "I am now back from Bolivia" without any real useful information...could he at least perhaps attach something to the email about the trip?? :)
Glad to hear that "things are all fine" for David. Did he say anything about the people whose hard earned cash is making him feel that way? When I invested in his company I expected to get something back, at least the odd update if nothing else. Could you asks him, if its not too much trouble, to tell us what exactly is happening with "our" money please!!!
Candi, I agree with the sentiment but I wouldn't get an electrician to do my plumbing, no matter how good they were, I'd prefer to get a plumber lol. Regarding lottery tickets, there is a 1 in 5 chance of winning, are you sure its the best analogy? Anyway, as I say, I agree with your sentiment; thanks :)
....Confu, I owe you an apology, I think you were right all along!!!
Thank you Yanis, I appreciate that you asked and glad to hear the answer you had...time will tell soon then GLA :)
So, Yanis, you emailed him and had an answer. Could you please tell us if there was anything in the email? and did anything else come back apart from "we are in Bolivia now?". After all, there are lots of people in Bolivia. I am sure DH will be reading this chat and monitoring how much people know. That's why I am keeping at least some of my cards close to my chest..... Would you mind though sharing his answer, or at least what your question to him was? thanks
....Confu, I owe you an apology, I think you were right all along!!!
That was a bunch of RNS hot air David! You are going to have to do better than that because people are beginning to open their eyes!! the following was your attempt at to use your long drawn out "presence" yes, just a presence, to make it look like you have actually been achieving anything:.........Clontarf and its processor companies operated in Bolivia since 1988. No other lithium player equals this record. The group's interest in evaporites dates from 1994..... operated what????? long drawn out applications, talks, talks and more talks? Sorry, after 12+ years, my patience has run out! Well done for setting the record for being in Bolivia! Any chance of doing something that will actually benefit your shareholders :)
Yeah, thanks Yanis, I seen that a few times. I loved it too! Particularly when he said "The snowball had reached the top of the hill after a long climb and was starting to go down the other side". It was very convincing at the time but I'm afraid it is now feeling a little stale! Of course I would love this all to be a reality but maybe before I retire, or at least during my own lifetime!!!!
Thanks Yanis, but no need, I have read all that and seen the podcasts and felt inspired by them to keep investing etc. I've been here since 2008 if truth be known!!
I am not doubting anyone's belief or sincerity here but is there anything I could read about to back these things up? Otherwise, would it not just be something we heard from someone, who herd from someone, who wrote it in a BB or said it on a podcast? It doesn't feel like a sure footing to be asking people to trust their financial future in, unless it all actually is true, in which case there will be something documenting success' and failures etc. I'm just asking if anyone knows where I can find that?? i.e. I've already read all the stuff "saying" it happened, I just want to see what tangible results the words are based on....thanks again :)
Thanks Wraith,
Yes, Bolivia certainly has a lot of lithium and it is certainly very desirable for batteries. I can see that Clon has been "active" in Bolivia since 2000 (21+ years) and that between 2008-2010 they sampled the ground, presumably concluding that there is indeed a lot of lithium in Bolivia. Do you have any idea what they were active in for the rest of the time? Or is there any information I could read up on regarding any experience they may have in actually extracting lithium? It sure would help peoples' confidence if you could dig anything up or if anyone can get info from the horses mouth as it were? thanks for your reply Wraith :)
Hi EAGLEEYE,
Maybe you could help me here with some of the research you have done. Did you find any information on previous work on the ground Clon has done and how good a job they did? I'm thinking that YLB would base their selection on previous experience and a proven track record. I struggled to find anything but perhaps you were more successful than I was? Some links to information would be helpful; thanks