Member Info for skstock

Really love the upward trajectory after questioning myself on averaging down :)

@ColonelDrake, Totally agree with you. I would want a CEO who thinks about the minority shareholders else these majors will ensure some lackey of theirs sits on the board and drives this to Sirius part 2.

Looking interesting.

https://www.telegraphXXXXXXXXXX/business/2020/11/06/nmc-health-administrators-take-steps-sue-ey-firms-collapse/

@fulmar29, Exactly my line of thinking something similar to the SolGold model. We don't need a full takeover to unlock the shareholder value. We have an advantage with no complex technique required for mining.

It's impossible in Middle East to commit this level of fraud without local blessing. Never ever invest in Middle East based companies.

@max19, I would agree with you on GGP comment . If the resource is proven up (and as they say mother lode :) ), the end result for ARCM shareholder is simpler compared to GGP (multiple project - JV for 1 license ) . It would be TO for ARCM and again management is quite clear we are explorer , as mentioned by Remy in Indaba Q&A. Still makes me think why would NvS be so keen to get rid off of Gold assest (aware of jurisdiction etc) when we were entering gold boom ? Neither NvS nor Remy would have mis-read the upcoming gold boom. May be he knows cooper in ground is more worth than gold asset. All guess at the moment until we get drill results.

That's happy peggy :)

https://blogs.cfainstitute.org/investor/2020/05/19/the-nmc-health-debacle-four-red-flags/

https://www.khaleejtimes.com/business/corporate/nmc-admin-team-lands-in-abu-dhabi-from-uk

Chartered Flight :) . One more expense and of course they would enjoy a 5-star stay. First, they hired Freeh (not free :) ). Absolute disgrace, if filmed, the story of NMC debacle would be at least nominated for Oscar.

** pre agreed

Negotiated trade type. Sort of agreed price trade.

https://www.investopedia.com/terms/n/negotiatedmarket.asp

https://www.mining.com/rio-tinto-to-explore-zambia-copper-deposits/

In an interview, Shetty said, "I am first to open health care in UAE, We are the first company to list in LSE". In fact, first in everything. Now he can proudly add " I am the first to run a massive Ponzi company and prove regulator/auditors are spineless".

https://www.bloomberg.com/news/articles/2020-04-09/nmc-won-t-oppose-administration-sought-by-bank-in-u-k-court

NMC is/was a disgrace. Even some AIM-listed companies operating under lax regulation would have more moral responsibility. Unfortunately, people who took fees (auditors, IB) go unscathed. Lessons learnt :
(1) Never invest in any Middle East-based company
(2) FTSE is a casino. No point in associating AIM and tarnishing it.

https://www.bloomberg.com/news/articles/2020-03-31/abu-dhabi-commercial-bank-faces-over-1-billion-exposure-to-nmc

Its almost confirmed Shareholder will not get anything. I am not even waiting for Freeh report as it will reveal more debt and no good news for the shareholder. No one would ever invest a company based in UAE as a lesson learnt.

They all deserve a nice break after tedious work of cooking the books.

https://www.arabianbusiness.com/banking-finance/443352-br-shetty-flies-to-india-as-legal-problems-mount-in-the-uae

DEGIRO is cheap but not regulated by FCA.