Member Info for speedymeadie

Hi Woolverstone. It means it is clear for all to see that JPM never wanted the st2 finance to go thru. There should be a class action bought against our BODs and JPM. In legal terms i think it is called "TAKING THE PSSI". ATB Speedy

Hi All. Have just been going thru the RNSs today and it seems our "Financial advisers" JPM have been short SXX. You could not make this up. Speedy

Hi All. Sold at a loss on SXX and moved the leftovers to here. ATB Speedy

Hi Squirrel. ?????, Speedy

Hi Calamari. What is your counter to this low offer? Are you going to admit defeat, rollover and let them shaft you or say something positive and actionable. ATB Speedy

Hi Calamari. 2.5billion what? $ or £. The amount needed is almost nothing compared to the amount of cash floating around looking for lets say a 10% return plus a 10% proportional share of future profits. I am not a massive investor but even i have spare cash ( £30k) sitting around not doing to much. There must be millions of people in the same boat as me and all looking for a decent return. This proposed mine,if completed, will be very profitable. Do not let the city boys win. ATB Speedy

Hi All. The weak are selling at a loss, do not do that. We need a emergency G.M. Cear the BODs, put the mine on hold and refinance to finish what WE started. Be strong and legally forceful do not accept defeat, do not let JPM and their associates win. There is so much money around looking for a return that looking for finance will not be a problem as long as we look outside the main banking system. ATB Speedy

Hi All. Mr J Curve has run out of steam. The whole process needs to be moth balled. A new BODs with a more professional outlook should be appointed. Its our company not J curves. Refuse the offer cut back to maintenance level and look for funding to finish the mine. There is so much money floating about looking for a good return above negative rates that it must be fairly easy to find the $$$$$$ to finish what J curve started but is not capable of finishing. Do not let this become a failure, its our co and we will not let it fail. A emergency general meeting should be held ASAP and J curve must go. ATB Speedy

Hi Posti. She will not lose out, but there will be many many Cos looking at this low offer and thinking about a counter offer. This offer is too low and will be bettered. ATB Speedy

Hi IBAB. This was arranged between "Friends" some time ago and is not "close to the wire" This whole disaster stinks of inside trading. ATB Speedy

Hi Already. ?????? ATB Speedy

Hi All. I stated in a post, before the failure to secure stage 2, that JLP were siting round the table talking about how to carve up SXX. Now we know how. This stinks to high heaven and all the PIs that lost funds are just collateral damage as far as JPM are concerned. I will jump with joy when the day comes the JPM are broken by the failure of FIAT and all their $$$$$$s become worthless. Use your remaining funds to buy physical gold/silver and watch the bankers burn. ATB Speedy

Hi Knocking. The big mistake J curve made was handing the finance job over to JPM. He has done a good job guiding the co thru planing, development and future sales. Its a shame JPM hoodwinked him and for that i will allways look at J curve as being extremely naive/nieve (never could get that right) in the fact that he should have know better. It may of cost him his reputation and SHs a awful lot of hard earned. If i get one wiff of JPM being involved in future funding arrangements i will sell up ASAP. ATB Speedy

Hi Kaiser. Love the sound of your last paragraph. There must be many spoil heaps just waiting to be cleaned up, JLP are not the only players in the game but we are starting to be recognized and starting to be taken seriously. ATB Speedy

Hi All. I would draw your attention to a, rather long but, good read about gold and FIAT. I can not supply a link but you can read the story at "King world news" Alasdair Macleod "gold spikes $20 and what to expect next". Enjoy. ATB Speedy

Hi All. The SP keeps on hovering around my break even i think its time to stop messing about and break out to 5p and above. ATB Speedy

Hi Bamps. You seem to be picking certain moments in time to show how gold price falls. In Roman times it cost 1 oz of gold to buy a good suit of clothes, today it costs 1oz of gold to buy a good suit. If you want to retain your wealth over time there is nothing better than gold, or maybe an acre of good arable land. ATB Speedy

Hi All. Most central banks are printing FIAT at a huge rate. Gold has and always will be a currency. Anyone thinking gold will drop in value is missing the point of holding gold as a 100% asset. Gold itself is not a profit making investment just a store of value. Gold miners are a profit/loss investment and explorers like GGP are a very high risk/reward investment. IMO GGP has been massively derisked and will be very rewarding. ATB Speedy

Hi 15. Thins in the angle grinder and all over in two mins. ATB Speedy

Hi Buster. Ouch, you make my loss seem insignificant. Let us all hope CF knows what he is doing because it is obvious that we dont. ATB Speedy