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Joe,
No need to get aggresive and rude.
You can post as much as you want, I don't think I made any comment in this respect.
In fact I think some of the information you share is very interesting.
But if you are an adult, as you state (and I believe to be correct), I recommend you to stick to the facts instead of adding your wild bias into your posts.
Joe, you sold your position this morning. Which is totally fine.
But your repetitive panicking posts to encourage everyone to sell really are not needed and in fact undermine your credibility.
Let everyone decide for themselves how the evaluate the risks associated with the latest RNS. For now it is (unfortunately) not possible to know whether the issue is small or big . And therefore whether it is a quick fix or long and complicated repair.
I am certainly as frustrated and disappointed as anyone regarding the news of yet another delay..
But having said that, I am also relieved.
I was in fact very surprised yesterday to see the share price rise suddenly stopped in its tracks early in the morning. Something I did not expect, as I anticipated this rise since a long time and was convinced it finally arrived and would continue. If this endeavour is succesfull, a 50M market cap is rediculously low.
Personally I do not believe Market Makers have the price setting power that some on this board apparently are convinced they have. Their price setting power is in fact very limited. If there is a large demand in shares and few on offer, the only way out is to raise the price. And vice versa of course. Reading these market maker explanations on the board yesterday did not convince me one bit.
Reading the news of the hydraulic failure today does in my opinion perfectly explain what we saw yesterday. Clearly some traders are in contact with the people on site. Or are among the people on site. After learning about the breakdown, comprehensively they sold on a high note (even though trading with insider knowledge is illegal).
And while this temporary setback is frustrating (as expressed by Lorna herself), this is a mechanic issue that by definition can be solved. Hopefully rather quickly.
The good news is that all things that really matter are not affected. The drilling hole is still there. The drill is waiting to be repaired. And operations to continue. Hopefully the Helium is there too in large enough quantities, we will just have to wait a little longer before we know for sure...
In the meanwhile I stay in for the win (hopefully)...
Personally I think reacting to the Noble RNS is not HE1's business at all. And seeing how professionally Lorna has managed her communications, I do not see this happening.
What I do hope to see happening, is for HE1 to get back to drilling very quickly and for the remaining of the drilling to go well...
@jona35
If you want to catch up quickly, I recommend you to read the Helium One X-account (Twitter). Should give you all the info you need.
If you have additional time, you can jump into the rabbit hole and read the different opinions/guesses/hopes/desperations/theories/expertise/nonsense on this forum ...
For a moment I was wondering what to do with my shares.
But luckily a quick look on this board made me confident to hold.
Khaled's track record has learned me that the share price moves in the exact opposite direction with respect to his predictions.
Therefore, thank you Khaled for your guidance this morning, acting exactly opposite has brought me great fortune already. I have no doubt you will continue and help guide me into a bright future.
Khaled, it seams each time you post a prediction the share price is going in the exact opposite direction.
From now on I will interpret your negative comments as a positive sign.
I guess the moment you will become positive is the moment I should get scared and think about selling..