Member Info for Rocket577

Sorry if this is a silly question but why would those after hour trades be considered as a buy when the SP went down?

Sorry if this is a silly question but why would those after hour trades be considered as a buy when the SP went down?

Absolutely no chance Helx!!

After years of f%£k ups and destroying the company value their one last chance to get things right and they've blown it for us all. After everything this should have been the one time line they had to get right. If they said 3 months that should have been ample with plenty to spare but here we are again- LET DOWN AGAIN!

We are paying the price of years of gross mismanagement. This company has been run like someone winning the Euro lottery buying a non league football team and just squandering money like it don't matter. If they had an clue whst they erre doing they would have concentrated all their efforts on one or 2 projects but instead they see somehow thought it a good idea to try and progress to many projects at one time. They've never had any income so should have looked after the pennies but instead chased rainbow projects like they are playing a computer game.

Yet another lie, and deadline missed!! I'd put my house on they won't get a JV lined up at all.

We are paying the price of years of gross mismanagement. This company has been run like someone winning the Euro lottery buying a non league football team and just squandering money like it don't matter. If they had an clue whst they erre doing they would have concentrated all their efforts on one or 2 projects but instead they see somehow thought it a good idea to try and progress to many projects at one time. They've never had any income so should have looked after the pennies but instead chased rainbow projects like they are playing a computer game.

Yet another lie, and deadline missed!! I'd put my house on they won't get a JV lined up at all.

This sounds to me like they can't negotiate any sort of deal at all so as a last gasp desperate attempt they hire someone else.

These guys literally can't do anything right. Fu@#ing shambles

JMT - I am thinking of doing the same. Very possible it might retrace but I'll see that as a buying opportunity.

Like you say once Silver gets in the 40's this will skyrocket so I'll remain patient

Let's hope this is the start of the big boys coming in. I said yesterday I think the SP will make all time new highs in next 12-18 months. If we get a few buys like this could be sooner

The last 2 trades of the day show 5 million buys or sells, how can you tell what they were?

Around that sort of figure yeah. Once the US stock market has a sizeable crash I think Gold and Silver stocks will become very popular.

Seems far fetched at the minute but that's the way I see it. Got a few Gold and Silver shares ill keep adding to each month.

I can see silver going over $40 in next 12-18 months and with it Fresnillo SP reaching an all time high.

At this stage I'd rather lose every penny than pay Dads army another month salary.

For me it's telling they haven't got a deal lined up because if they had in sure you'd see the board buying shares.

If they had an ounce of decency they'd come out and tell the truth for once and admit nothing is in the pipeline.

Border line crimal what they guys can get away with.

There is some big chunky buys today lol.

The fact no one wants to risk more than £100 says it all.

Good job there was a big buy because SP is still down 4%. Must be someone who wants to buy into a company with a history of complete lies and total failure! Obviously didn't do their homework.

All the talk of JV would have been to try and inflate the SP so they can get another placing off so the board can have it off at our expense.

Big learning curve for me and others I expect that companies on aim can blatantly lie and no one can hold them to account.

I hope you're right Wents but my fear is due to gross mismanagement and directors taking the p!@s the board have no leverage on brokering a decent deal. It's plain to see the company is weeks at best (possibly days) from going bust therefore we are in no position to negotiate decent deal.

Thanks Uncle Jim

Honest question, if Wolfy is correct (I hate to say it but I think he's right) the company goes broke and the assets are sold off on the cheap, i take it the shareholders get nothing?

Oats yes that's plausible, of course it is and what we all hope for. However, even if the board get offered a JV will they take it or turn it down like the last one.

There is a very real possibility this will go bust. The board haven't managed to do anything credible to give me any confidence which is a crying shame when you consider all assets.