Member Info for Teacup64

Riskisprofit -

Hi Captainbob, Q1 we were told we had a very good quarter, followed by Q2 mentioning that we had a bad quarter, not the good quarter suggested.....my point being was that it took 3 months to correct their error without appology or even an explaination to those that bought in under such wildly inaccurate figures.

Forget about that guys. I'm just finding it really difficult to let go of this one issue, regardless of all the good that is currently present here.

Guys, I see the potential, it has always existed at XTR. I can wait for FB, I can accept miners walking away for various reasons, I can accept delays. What I can't tolerate is the people guiding this ship telling investors we made $800k profit when it was a blatant loss. If CB says "we will get $X from Y project, does that mean we will make $Z or $X? Personally, I think the lie has done the most damage. Nonetheless, the prospects have not changed, we just need a man that can straight up tell his investors that we had a poor quarter, the damage imo could have been fractional.

Slowly coming back online now.

Haha, that's an offer I couldn't refuse....but then again, I'll then be moaning about the infinite number of shares in circulation ;) I wonder whats going on then, thought it was probably just my app.

All stocks suspended or just my app?

For what it's worth Linerider, I don't believe fraud has taken place, deception most definitely in which I will expect justification. However, if I was taking as much shit as CB, I wouldn't hide in a corner and let the SP collapse as people like myself circulate propaganda....I would shut them down for the sake of the company, the shareholders and most importantly, my credibility.

Fraud: A gain that results from deception. Allegation: Something that is suspected Shareholders have been diluted in order to have our money unknowingly transfered to a third party company(Moz), who were handed the cash whilst we were under the illusion that it was generated by production cashflow. We later discovered that it was impossible as we were making losses which CB called profit. $800k profit. The deception is fact, the allegations of gains are yet to be founded, hence "an allegation". Nobody knows where, or to what use that money has been put towards. All we have know is that Moz, an indebted company was lent $400k which we didn't really have(via dilution), and it's gone....apparently towards furthering project Manica. CB has done little to justify his actions in regards to the loan which is why the allegations have popped up questioning it....check through the boards history. All CB had to do is explain why he lied. People would have seen that we didn't have the money to lend if we knew that we were at a loss, but we thought opposite because CB twisted that fact! Why? Was the loan really needed by Moz, was it a free hand out to a friend, was the plant already secured without the loan but twisted to appear as part of the deal? If CB can lie through official channels(RNS), why can't the same apply to everything else he has said. Trust can easily crumble....but CB has stayed silent. Hrad: I didn't mean it like that, I meant we are left in the dark. For example, try answering the most basic questions regarding revenue, production, setup etc. CB has made that seemingly simple task incredibly difficult.

Allegations of fraud, a falling share price, clueless shareholders, and CB remains absolutely silent....what a ****. More of the same today I guess.

Andrew - True, after the mayhem has settled and people become comfortable that things are finally progressing(if they do progress), then yes, a sustained rise may well be the case, but not in the medium term or sooner, trust needs rebuilding first imo. For the sake of those trapped at much higher prices, I really hope that CB shoves my statements back in my face.

Absolutely agree Bat, the bottleneck exit effect will be immense here. CB has crumbled all confidence in a sustained growth as most people will hit the sell button asap....even short of breakeven if possible. I'm tell you what, once given the chance, I'm outta here....given my vision of the future here, once sold, I may trade the shot outta this stock....that is what CB has created right?

As stupid as that may sound, it's hard to trust what he says anymore until evidence is produced.

I will check my notes, but with all due respect, CB said we had net profit of $800k....which turned out not to be true. How can you confirm that what he says in that video is true?

Sorry, three at 200tph I meant

As mentioned last week, I will give CB until the AGM to improve conditions otherwise I will be voting him and Silberstein out. If he can pull something out the bag, I will extend any action by 6months and see where we are from there. The way I see it, if CB can lie through his teeth and not justify his statements whilst BBs are in uproar, then he is nothing but a liability on the company and a risk to my capital.

Sino has two plants with a combined 600tph Capacity and a 400tph contractual obligation. However, we cannot confirm that they are hitting the minimum...Colin did say he would tell us when that milestones achieved!

I am unable to attend myself, but would appreciate these, and other questions being asked by someone who is attending. 1) Who is monitoring the CCTV when CB is milking shareholders elsewhere? 2) Why did CB and Silberstein conspire to manipulate and mislead the market? - $800k 3) Why did CB dilute us to lend money to a third party alluvial diamond contractor? - $400k 4) Why has there been sustained 6months silence from the board regarding the contractors and lack of yield? 5) Why does CB think it's ok to pursue extra salaries whilst simultaneously raping his shareholders whilst diluted and misleading information is being propogated? 6) Anyone else is free to add questions.

Colin you lazy ****, pick up a spade and start digging!

...Do some digging? If only I could! ;)