The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Olderwiser, I got out of this farce long ago, but you only have to look at the number of shares in issue - 25.12bn
with a mcap of £63.06m and that tells you this company is dead in the water. 25.12bn shares is criminal, where's any shareholder value in that? absolutely NONE. Why aim regulation hasn't stopped them from trading with that many shares in issue by now, heaven knows.
I honestly feel sorry for anyone invested here, as the Irish girl says to the demolition man on the insta reel, when she asks him to blow her school up, and can he include the teachers, and he laughs, she says "are you a joke company?" well this one definitely is.
my views but I stand by them, from the experience of the shenanigans that occurred here from way back.
This is the sort of distrustful company you are dealing with (imo). They just deal with whoppers (imo).
This was sent to me in 2018 by someone in the inner sanctum who had finally sold out, realizing the lies that were being peddled by the company.
"I went out to dinner on a few occasions with the three of them, DW, SS and PB. Paul told me whilst the others were outside smoking that there was no conventional as it had been crawled all over by big majors many times previously. Paul left the conventional presentation completely to Stephen Staley, having nothing to do with it."
Yet they carried on peddling their narrative to shareholders.
See what you're dealing with here?
You're dealing with a load of bs salesmen and that's the extent of it over the last 8 years or more. You are filling their pockets with huge salaries for what?, and as someone said earlier, they are a 'lifestyle' company and that's exactly right.
My views of course, but look where the sp is 8 years on, look how much has been paid in salaries to the Board members and their experts in that time. They are definitely not acting in the best interests of shareholders. As I say, my views.
"A group of proactive investors recently approached 88 Energy with a solution to this issue, which has the Company’s full support.
This group is known as the 88E Long Term Investor Group. The Group has proposed to become a conduit for clarification and more effective communication between 88 Energy and its UK investors."
From July 2016 - source: Dave Wall!
8 years on, and it's still very very long term no less!
If you are still invested here, or newly invested here, you really are flogging a dead horse.
My views of course, but this was a complete disaster back then in 2016, and still is!
Yep, it's the right one!
https://emxroyalty.com/asset-portfolio/australia/overview/
You're sat in a pump and dump organised by a company who has nothing and never will have anything. 10 years and they still have nothing. You're chasing a dream that won't happen. If you'd put your money in the Pru this morning which is at rock bottom, you would now be in to profit and rising. Stop dreaming and chasing aim stocks that are just feathering the pockets of their so called 'directors' who are just salesmen! my views.
I was invested here about 10 years ago. Went to the talk by Dave Wall who was nothing but a glorified salesman bigging up his company for his own gain. The geologist, now dec'd, openly admitted to the company having nothing, they have no oil, and by the looks of it, they never will have anything, but yet they keep on spinning the plates, taking their fat salaries and pulling the unwary punters in. Just look at the track record, it's appalling, and all this share is, is a continual pump and dump, how it even remains listed is a joke. Please do your own research folks, because you'll be here in another 5/10 years time and still there will be nothing. my views, but do the research.
This is about EMX and RTZ. Thought it might be worth a comparison. Apologies if posted previously.
"Rio Tinto Exploration Pty Limited (RTZ) has indeed been involved in drilling activities in Queensland, Australia. Specifically, they conducted historic drilling at the Queensland Gold Project, which is located in the northeastern part of the country. Here are some key points about this project:
Project Overview:
The Queensland Gold Project is one of the largest projects owned by EMX Royalty Corporation in terms of area.
It covers a 46,400-hectare region and is situated in the Tasman Orogenic belt, known for hosting significant gold mines and deposits.
The project includes historic gold mines, gold occurrences, drill-defined zones of gold mineralization, and untested gold geochemical anomalies.
EMX acquired the project in stages between 2016 and 2019 before the recent surge in gold prices.
Mineralization and Exploration:
EMX’s exploration work followed up on historic drilling conducted by RTZ.
RTZ’s drilling intersected long intervals of gold mineralization in the project area.
The mineralization is associated with quartz vein stockworks in rhyolitic-dacitic intrusions, typical of intrusion-related gold systems (IRGS).
Notable historic drill holes include:
RC93CH3: Mineralized over its entire length, averaging 94 meters at 0.49 g/t gold.
DD93CH10: Averaged 0.47 g/t gold over 66 meters (from 59m to 125m), also ending in mineralization.
Several other holes also ended in mineralization.
For comparison, the average grades of current reserves and resources at the nearby Mt. Rawdon Mine are 0.69 g/t gold and 0.62 g/t gold, respectively.
Availability and Ownership:
The Queensland Gold Project is 100% owned by EMX and is open for potential partnerships.
In summary, RTZ’s historic drilling at the Queensland Gold Project revealed promising gold mineralization, and EMX continues to explore and develop this significant property"
And separately,
"Australia’s geological diversity, including greenstone belts and favorable structures, contributes to the abundance of gold deposits. ECR Minerals aims to uncover a multi-million-ounce gold resource in these regions, shaping the future of Australia’s economy and identity."
sources: Bing