Member Info for thefierce1

Have SFR announced the divi yet or is that in the next week or so?

And the most important thing to me because we are all the same here is that you make money in your investment in THR; to me it looks like a bargain at 0.55p considering that the MTR bod which I trust and have invested a lot of money in, themselves invested a % of my funds into it. But still looking at the management of THR, which way will it now go? Do you foresee the SP deteriorating further ? Or as dcgc alludes to, is MTR going to get a bargain post SFR deal ?

Hi Mullins,
Announcements of JV”s when short of dough or requiring dough is as I’m sure you know better than me, usually just a rouse.
If there are assets worth $millions, then I struggle to see how finance etc couldn’t be achieved at some point because lending money on product (albeit to be mined etc) is achievable although it may be more costly all around. Mining is notorious and the % of winners is smaller than a lot of industries but as sprott,SFR etc have shown, if quality is there (albeit to be mined etc !!!!), the finance,interest,JV”s will come forward.

Well buddy let’s put it this way; if as you say it has $millions in assets and the MCAP is only $5mil, then that would be an excellent use of MTR liquidity that queens points out is imminent; but we must also all remember that a ceo on £150,000 will always be positive/progressive even with such an enormous collapse in the SP whilst they have been in charge. If Mr Potter can shed some light on the situation for the MTR bod then happy days for us all, eh !!!

I don’t know the % of THR that we have as I’m not involved in the management of the company, but I must assume that MTR management are pressing for progress and deliverance as they (and us) shall be financing the next portion of his alleged £150,000 salary !

Hi
Appreciate your reply and clearly would want to see this project as you say get financed; and as I assume you may be a direct investor in THR, why would you think the SP has fallen to such a massive % considering as you say their assets are with $millions. If finance doesn’t arrive, whose fault is it ? If they run out of money, whose fault is it ? As I previously stated, the management must be responsible for their own managing and like football if the results are not there, you change it immediately.

THR message board as an example; I understand from past RNS”s that we have a few million shares sunk into this with some purchases as high as 3p I believe; thankfully at present I’m not a shareholder there but it is quite interesting to read the messages that shareholders (you would assume some are) are posting; relieve Mick of his position; why have I invested here; RNS”s all over the place but nothing actually happening.
Being somewhat of a successful retailer myself, it is always and solely managements fault when it all goes wrong or is not producing and invariably they look to blame everyone else; think Woolworths, House of Fraser, Debenhams, carillion etc the management are absolutely useless and yet pocket fortunes and either destroy what value was there or even worse put everybody on the dole; staying with that last statement of mine, Mick Billing is apparently on £150,000 as has been posted and what has he actually achieved for the company revenues and the shareholders to date, considering the SP is 0.55 ? I would appreciate an update on this from more knowledgeable MTR posters if available because to me as an indirect shareholder of THR, this is absolutely disgraceful and he should be replaced now before the next fund raiser dilutes the poor investor further.

Perhaps I have not been more direct; mod/SFR is coming queens but the whole world knows that; we don’t need action because it’s been happening for ever ! What I’m actually saying is let’s get moving on projects that have been RNS”d with $million here and $million there but obviously to date, nothing happening. We can all forever keep saying” permits granted” and “magnetic views” and “ aerial shots” etc but as an example for you, what has actually happened in Thailand since the two/three RNS”s saying we can start mining/building a mine/planning a mine etc; as my last post stated, in my personal opinion let’s get motivating the management of some of these companies that we hold shares in/substantial shares in and get some results for the shareholders; that’s all queens.

RNS; now lets get the buyback moving on and let’s get some concrete news about some of our global ventures actually producing some revenue etc the window dressing needs to stop and the action needs to start.

Decorator is correct as are you; I’m not going to sell as I can’t and at 5pm it’s going to be a large vodka or an ice cold corona with a slice of lime...

With the SP performance of the last two days Keith, a welcome smile...

£9000 quids worth of sales has equated to almost 2% loss in value which equates to roughly £400,000 of MCAP!

Isn’t cradley a prison ? Lol

I’m now in Sutton Coldfield and it ain’t arf poshh here fellow!

You gorra larf I wasn’t expecting this to happen I must admit...

Yep spot on

Zzzzz away my friend it’s all good with the announced buyback that’s excellent news for all of us LTHS; IMO

I suppose if there needs to be confirmation for the confirmed as they confirm it.....who knows as long as they are half decent...IMO of course.

Wouldn’t have thought that assay results would be released prior to a buyback announcement; if the shares rise rapidly due to some decent results, it’s going to cost us all more money for the buyback. All IMO.

Geoff
That sounds a better idea to me just wondering if there are any better tax implications for buy back rather than re rate ? Anybody cleverer than me know the answer to that?