The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
News - you wrote "I post in Investor Chronicle style ie Bull and Bear points and therefore, maintain an IMPARTIAL VIEW. I stand on this.
Please elaborate.
1--This type of writing style is not taught in Canada and I find no reference on the internet
2- Bull and Bear points I see your Bull points but dont see any Bear points
3) points I see long narrative but no points, perhaps this is the style but please highlight the points you are actually making
I must admit to being distracted by the obvious lies so it useful to at least me if those were eliminated
News observations
1) you deflect once again your post was ""I was NOT aware that the British Royal family makes criticism of each other." ----YES, I CONFIRM THAT I DID STATE THAT VERBATIM."
Note the word 'the' is lower case note upper case which you now cite as a material difference
2) HRM- now you cite someone must have this title to be part of The Royal Family. Since I cited with references Prince Harry who I recognize is not currently a member of the 'working family' however at the time of his criticism's he was in fact had the title HRM
Please stop embarrassing yourself with such lies.
News observations
1) you deflect once again your post was ""I was NOT aware that the British Royal family makes criticism of each other." ----YES, I CONFIRM THAT I DID STATE THAT VERBATIM."
Note the word 'the' is lower case note upper case which you now cite as a material difference
2) HRM- now you cite someone must have this title to be part of The Royal Family. Since I cited with references Prince Harry who I recognize is not currently a member of the 'working family' however at the time of his criticism's he was in fact had the title HRM
Please stop embarrassing yourself with such lies.
News as you stated -'Naysayers use diversions' this is what you are doing by adding in so many qualifications about what you wrote "no longer a working royal' yet the original "British Royal Family'
etc etc
News How about this article see https://cafemom.com/entertainment/prince-harry-spare-criticized-royal-family
"20 Times Prince Harry Publicly Criticized His Own Family "
Yikes How embarrassing that a non resident knows more about than the UK resident
News caught in another lie
Here is your post "I was NOT aware that the British Royal family makes criticism of each other per your statement"
then when posted that information you state "I knew you will produce the book "Spare" to support criticism"
native English speaker -correct I did imply you are not a native English speaker but rather than actually address the issue you rant about something else as compare to a direct reply such as "I am a native English speaker"
I should also point out that you started the issue about "criticism" in response to my posts about DRC cash which has been "imminent" for years. You started posting recently but others on this board have been reading about the DRC cash for a long time.
Yes I and others post criticisms about RRR about this and other issues- so what-
News requested links for British Royal family criticizing each other This is far too easy with google or read
or did you think Prince Andrew had a lot of support? forgot about Megan Markle? read Prince Harry's book "Spare"?
see https://www.quora.com/Do-members-of-the-British-royal-family-ever-criticize-each-other-in-public-or-private
Here is the link to artcle reference by RRR https://www.ft.com/content/2fa2a737-b079-4f1b-911b-28eb57d86133
Title Big Oil’s success in Namibia will push others to drill for growth
Highlights
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https://www.ft.com/content/2fa2a737-b079-4f1b-911b-28eb57d86133
The typical success rate for a series of offshore wells such as these is around a third. Such a high hit rate (88 per cent so far) might mean that this Orange basin in Namibia could be highly prolific. But history suggests this kind of success rate will tail off in the next couple of years.
These wells cannot be cheap. Some are being drilled in 5,000 metres of water, before going even deeper through the seafloor. Galp had budgeted $200mn-$300mn for its first two successful wells back in October. Even if those costs come down over time, a few “dry” wells could cause some of these oil companies to rethink their plans.
It is too early to tell whether the Namibian offshore oil play will turn into another large source of oil. But early indications suggest large finds in the hundreds of millions of barrels of recoverable oil, at least. Inevitably, the successes of Total, Shell and Galp will encourage large oil companies to direct more investment into exploration.
News Criticisms- Not true even the British Royal family makes criticisms of each other.
My posts are not contradictory. Forces are in play and will remain in play until they are done. As stated I hope it will be over soon
For the record I think RRR will be successful in receiving the DRC probably April timeframe. I based this on AB's recent comments and his upcoming trip to DRC.
Here is my recent track record with such predictions
Oct 2023--wrong
Dec 2023 wrong
Feb 2024 wrong
LOL-- just keeping it real
News- re DRC In your post you said nothing new. However despite everything being "agreed to" it is still not done It has been 'imminent" for over 2 years. There are other forces at work which work contrary to the parties want.
How long those other parties can continue to delay the inevitable result is the unknown.
On a side note if you could write in distinct sentences and paragraphs then it would be easier to read. I appreciate the ability of non native English speakers & writers to communicate in English Thank you for trying so hard
Electronic signatures are used in Canada, USA, UK and multiple other countries but I am not surprised they are not used in South African countries. It is common that significant legal agreement have to regulatory stamps (think notary etc) which have to be done in person.
Numerous countries have been slow to make this change because of corruption issues or even the necessary electronic systems to make it feasible.
During the interview AB mentioned that only recently had the Kenyan mining license was shown on Kenya' electronic data base. That among many other factors is a contributes to a delay in getting a JV partner. It could also reflect a lack of a push by RRR as well since IMO they have too many properties in too many countries. Its hard to know on the outside the reasons but its great to know that its finally there
H50 Do you believe that there is shorting of the RRR shares?
Since nothing is reported and if in fact it is happening then AIM is very very bad place to be listed and this will discourage people, particularly those outside the UK, from investing.
It also increases the importance of RRR generating stock interest at the PDAC in Canada and obtaining a North American stock listing
I like the tone and contents of this RNS
-rational plans were described
-CPAC-very positive step to have RRR approach the North America market. IMO RRR should also have a listing in the USA (easiest on OTC BB) or TSX . Either approach will make it easier for investors in North America to buy RRR shares
News 1-What evidence to you have that AIM regulations are being violated
2- what legal authority does AIM have over non UK residents who post about RRR?
I should point out that according to this website there no reported reported shorts on March 5, 2024 nor I have ever seen any shorts (however I note that I do not check that on a regular basis)
Please explain your concern about postings on this board (see above points) and the lack of any reported short positions
For those who did not read the post from the link Helpful provided
see below
IMO this is the key takeaway**** Sentiment in the toilet, miners completely distressed]]
In other words---------gold price is up BUT not gold mining share prices
Welcome to the beginning of a precious metals bull market.
Sentiment in the toilet, miners completely distressed, overall capital spending at unprecedented low levels, historically suppressed implied volatility, gold-to-silver ratio at 90, central banks accumulating the metal at record pace, overwhelming levels of debt worldwide, marginal new gold discoveries, quality of existing reserves deteriorating, etc.
Gold is showing the way, but silver and miners should take the leadership.
Several have commented IUnder topic DRC payment??) about higher gold price and weaker RRR share price
so I thought I would start a new thread and lead with some observations
observations
1-owning/buying gold is the same as owning/buying gold stocks
2-not all gold stocks are equal- a- Producers major producer then other producers, b-gold in development-companies that are placing properties into production c-gold exploration- companies which have defined resource and those that dont
3- RRR is in the last category with some gold properties with a defined resource (Migori) and then other properties which do not
4=RRR has other assets which are not gold
In general a higher gold price will first left the major producers and then a time lag the others gold stock will follow in various degrees and in different time frame.
The major producers are the best known to the investing public so of course they will move first.
If you did a review of the RNS made by RRR in past 12-18 months how many dealt with gold? what was the company's focus? gold or something else? If answered honestly most should answer something else, which should help explain why RRR share price has not reacted to higher gold prices.
I should also point I am aware of numerous publicly traded Canadian gold explorations companies whose share prices have not increased either and their sole focus has been on gold. Several with defined gold resources with fully current and compliant technical reports (NI 43-101)
Banbury lots of positive outcomes but not the one I am hoping for (cash from Congo)
-Kenya licenses successfully re obtained
-multiple licenses granted in different countries
-multiple permits obtained in different countries for different exploration programs
-successful litigation in DRC for $2.5 million
-conclusion of arbitration hearings in DRC which now await the issuance of the decision
In sales meeting I heard that it took a 100 leads to make just one sale. Of course that mean failure occurred 99 times.
If any one knew the 1 success then all those failure would be eliminated but of course no one know before hand where the success might come from
I disagree with what RRR has been doing (better to have waited the past 2 years than get into new projects) but I understand the approach
News it would have been shorter just to write that you agree with me
A settlement, by definition, will not be close to the loss (as shown by news). Perhaps if it went to trial etc. The early the settlement the larger the discount
Its a nice story but the DRC cash needs to happen before. IMO