Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thank you for so quickly and effectively proving my exact point.
I am not going to post again. I'm going to sit and wait on my investment. 6-12 months before we really see this play out.
Beware of confirmation bias for those willing to open their minds to other opinions. It has cost me this time, but I'm going to learn from it.
Hopefully it will come good. Good luck to us all!
I am pleased we have clarity on the situation now and have decided to use this as an opportunity to average down. Maybe throwing good money after bad, but relative to how much I am down at the moment I think risk wise it makes sense proportionally.
I haven't posted until recently and the immediate attacks on my posts tells you why. SoG dismissive to anyone who dares to differ with his absolute arrogance, celtics abusive response (which was promptly deleted when he/she realised how it actually proved my point), rebsters automatic assumption I was a shorter in cahoots with others etc etc
The reason I posted when I did was because I was utterly sick of the constant rampers causing people to make bad decisions. It was obvious a dilution was coming and nobody can say they are happy they bought within the past 2 weeks.
I am not dismissive of the science and wouldn't have invested more today if I didn't think there was a future for the company. However, people need to realise that shorting is a reality. Highly paid execs are meant to navigate markets on behalf of shareholders fully aware of the landscape they operate in. SAR management has failed all investors here. Parker - if you bother to read these messages then please do the honourable thing and resign. The company needs competent leadership now to make the most of more money invested by hard working people.
Lesson learnt- sometimes you need to listen to the negative posts to make wise financial decisions. If I had listened to the much hated puma then I could have 3 times as many shares today.
Cue the abuse from the usual crowd....
I've no intention of getting into a 'tit for tat' with you SOG and Carter. You clearly enjoy the conflict.
I expressed my opinion. I don't claim to speak for the masses. However, with regards to the 'worth' of my post - I guess that will be subjective to each individual.
I also think that people can see for themselves how you quickly react to criticism and different opinions with spite and bitterness. It suggests to me that rather than a forum you want an echo chamber for your views.
I want SAR to succeed as much as any other genuine investor here. My average is stupidly high, but I'm not going to average down until I know if there is a plan for financing.
I detest shorting. It shouldn't be legal and serves no actual purpose to grow the economy. However, I also think that those that constantly post absolute ramping drivel about how if we assume x, multiply by y and then hope the wind blows in the right direction = valuation of billions, are equally responsible for people losing money.
I am sure you are all well intentioned and maybe this is your coping mechanism for the current situation. However, I find your posts actually quite annoying now. Let's see if we survive the next few months first...
I am heavily invested and significantly down. I therefore have absolutely nothing to gain from this post before I am accused of shorting and deramping.
I understand the need to cling on to some hope. However, the reality is that this company has been terribly managed and we have reached the point where we can't even secure death spiral financing.
Posting dozens of links to studies doesn't change this. Getting angry at shorters doesn't help.
It pains me to say, but we are highly likely going to lose everything. I'm not selling because I don't know for certain. But I think some of you need a reality check and to tone down the endless bombardment of ramping which is probably the reason some of us are now in this situation.