Member Info for Texasminer

Can we all agree that affrm is a total chump!

14 posts in one day all about tiny movements in the SP and only to be wrong, again!

I know an investor when I see one and I guarantee everybody that isn’t one!

Make your own decisions with this coin flip of a weak depleting stock but do not listen to that retail clown.

Hmmm, insiders haven’t bought in so that must they must be because of insider trading rules…

And not what the company is actually telling you….

“Given that the Company will need to secure further funding to meet the Group’s future exploration and working capital commitments, the situation gives rise to a material uncertainty as there can be no assurance the Company will be able to raise the required financing in the future. This material uncertainty may cast significant doubt upon the Group’s and the Company’s ability to continue as a going concern. Notwithstanding this material uncertainty, the Directors consider it appropriate to adopt the going concern basis of accounting in the preparation of the financial statements given the Company’s proven ability to raise necessary funding. The financial statements do not include the adjustments that would result if the Group and Company were unable to continue as a going concern.”

It never ceases to amaze me how retail investors never get bored of losing money.

They just pour more and more money into an ever declining stock.

People say the game is rigged for institutions but for the most part it’s all just self harm by stupidly shambolic investors.

“And of course there are 15 other interested parties in the dataroom..”

I can’t believed this was rolled out again. If there are 15 parties still in the data room it’s because they are locked in and have all died from starvation!

If a deramper is someone who points out the folly of retail investors gambling all their finite capital on what is at best a very risky bet? If it is, then I can wear that title.

Interesting you now say this is a hold when the other day this was a definite buy.

What will you say when a raise does come along? Will you admit you were wrong?

Or will you then celebrate the company being well funded again and start the next round of ramping.

Just because something is for sale doesn’t mean anybody wants to buy it.

If it was that attractive, why wasn’t it bought when money was cheap?

Do you ask yourself any of these questions about your investment, or is the hole too dark to see?

There are no games!

The simple explanation is usually the right one.

It’s a company in trouble that has an asset that nobody wants. The minerals will be still be in the ground long after solgold has gone and the majors will be able to write this down and move on or pick the bones if they still interested in the asset.

It’s the over extended retail investors that alway feel the real pain.

Most are in too deep to be worthwhile selling, just don’t put more capital after bad!

Waking up to the nonsense only retail investors can post.

Terms like “All in” - not even an investor, just a gambler

Some guy on here last week was saying they were running out of cash and then in the very next breath says he might buy more. #Clueless

Wake up people, if you are in hole stop digging deeper!

A suckers stock still sucking people in. How bad do things have to get. Some people won’t be happy until they have lost all their capital and then will blame everyone else apart from the one who pressed the buy button, time and time again…

5 year return. -83%….

Do you mean it will move down quickly?

October 9th 2022 42p - 4th Feb 22p

17th June 2022 35p - 7th Oct 17p

8th Sept 2023 - 15p - 22nd December 7p

Buy on rumour sell on news!

We have had the rumour of the revised PFS, what will this look like after people selling on the news…

“Yes, I’m really jealous. Wish I held 1,236,000 shares in a company that had lost 75% of its value in 2 years. What a prat.”

This guy pretty much nailed it, bravo!

The blind faith gamblers on this BB are chasing fairy tail returns.

If this was a good buy, people would be buying, it’s that simple.

Ask yourself an honest question , is your investment track record really that good, are you absolutely sure you know better than others? Thought not…

A company attracts the type of shareholders it deserves.

The investors (gamblers is closer) on this BB reflects this.

This is a suckers stock, a get rich quick scheme!

As with all those “once in a lifetime” opportunities the retail punters end losing a lot, quite often the lot.

Most people are now just hoping to get their money back.

An investment in the S&P 500 would have returned you 18% a year in the last 5 years, nearly doubling your money. It was actually 100% in the last 4 years.

Most people here are sitting on huge loses and lost opportunity and they hope rather than believe there might be some way out….

Cash call on its way and years more of the same to come.

I meant the general nonsense that is made up by many on here.

I realise boards like this are mainly full of hope rather than fact, and especially with stock like this it’s even worse! However it would be good to understand the substance or even thought process behind a comment like “he’s been told to keep quiet.”

Who do you think told him?

Bear in mind if he had inside information he wouldn’t need to be told to be quiet, he would know he has to be.

Regarding Irwin

“He knows what's happening and has been told to keep quiet.”

Who has told him?

Are you saying he has access to insider information?

Or is this just the usual nonsense that you have made up?

These kind of comments always make me laugh…

“From an informed source I understood that the Directors could not buy”

There seems to be so many people who have informed sources in this company, but not one of those sources has ever warned anyone that this stock would slide continuously down for the last five years.

“Otherwise you can be certain, with the depressed SP, that there would have been buys...”

“Certain”…. Is that the same certainty that this would be sold last year or the year before or before the last AGM or before this April…

Seriously, wise up people!

Off course it’s utter nonsense, we all know nobody is buying blocks of this stock!

The truth

I work for a hedge that is currently buying blocks of the stock.

To be honest we are getting worried about the liquidity of the stock so we are trying to entice retail investors to part with their shares.

We are very adapt at clandestine buying though and use several different companies to build a significant holding, so you won’t see any Tr1, before you ask.

I can’t say anymore, I have already said too much.

Don’t worry about the drop, it’s just those pesky market makers and other dark forces manipulating the stock price.

There are plenty more levels of cards to built on this house yet.

Just keeping buying, don’t miss the opportunity.

Out of the 60,000 companies that are listed, this has to be the best place to put your hard earned dollars.

Although there is absolutely no evidence I am sure the Chinese are buying more stock and any day their offer for the lot will land, just you wait and see.

No mining company cares about political and social stability, it comes with the territory.

Forget what the professionals say, what do they know anyway..

And so what if it doesn’t turn out well and you lose the lot, you can always earn more right? Who needs a 501k anyway, retirement is overated!

And even is you do lose the lot, at least you can hold your head high with an empty investing account and say you went down with the ship.

I have never seen anyone show their actual holding.

But you should be asking the big rampers to prove theirs.

Those are the guys I wouldn’t trust at all, you know the ones trying to entice you to buy more of a stock that has an ever decreasing value.

I never understand why the bearish guys get so much stick, they are being proven right constantly.

Is your wealth better or worse from your investment here? I would imagine for the majority it’s worse, much worse. And anyone bearish has either made or saved themselves a lot of dollars.

Most likely next - Another dilution incoming within 3-4 months.

Https://www.bloomberg.com/news/videos/2023-12-15/copper-demand-in-china-is-very-healthy-says-friedland-video

Good outlook for copper but he says it has to hit and stay at $15,000 tonne for a sustained period before anyone will build a new major mine in Latin America.

Also states the new major mines cost anything between 5-20 Billion to build and that mines have to prove their green credentials themselves. You can’t mine copper for the green economy by burning coal.

Https://www.reuters.com/world/british-businessman-kidnapped-ecuador-local-media-2023-12-16/

An accusation of being bearish on a stock which has deprecated 78% in the last 5 years, 53% in the last year or 55% in the last 6 months, is hardly an insult.

Why do people think you only make money from stocks going up…

There is no conspiracy with the stock price!

How many times and for how long has this been near the “end game”?

All the while the SP just gets lower and lower.

What makes anyone think this is any different this time and that the many false prophecy’s will come true this time…

Facts -

Share price is very low

Nobody is buying

No TR1 to show anyone increasing their position before a bid.

Amateur investor conclusion - this is all points to huge bid landing soon…

Seems like very wishful thinking by people underwater and need something to happen.