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Just maybe, we will get some insight into what the hell is going on here. The Altintepe deal was the last straw for me. This Company has mislead investors so many times. I don't trust the Crusader deal - I don't trust this management.
I agree, measured against some other AIM miners, Stratex look well undervalued. It could simply be that would-be invested arre concerned where the money will be spent. Will it be frittered away on wages, overheads and misjudged acquisitions. Hopefully they have learned from their previous experience.
For such a prolific poster, I expected he would have a view on the excellent production figures.
Nice production figures hey Guv? I expect you're trying to find an angle to **** on the matches?
The current workload demanded another non executive director.
Lack of news from this Company. Months on end without any project update - can you wonder, even with gold flying, there are no takers.
love your posts. I imagine the warm glow you must get, compensating yourself for other deficiencies.
@ 1.07. Near low sell price
is an asset purchase on something that is years from a payday.
The likes of Goldman sucks are calling under $1000. It was those nobs who were all shouting gold $2000, oil $200 a barrel. In my experience, when they all start calling the lows is the time the opposite happens
are you aware how your pointless posts on the price of gold look. You are quite capable of constructing posts with salient points. Your gold price posts are just a cheap shot and do you no favours.
I believe it is Stratex's intention to sell the $20 million nsr. In fact, Bob has mentioned this possibility on at least two occasions recently. The fact that EIA on Oksut has been passed, makes the asset that much more valuable. It surely has to be worth in the region of £5 million now.
Doesn't seem there is anything else on the horizon. Other than the purchase of another fund sapping hole in west africa. I believe the management team are twiddling their thumbs, with very little to do and will buy to justify their being.
AAU director just bought £45k worth of shares. Shame our directors have shown pitiful belief in the company, even when the share price was at a low (other than the odd token purchase). In my opinion, they have shown their interests are not aligned with the shareholders.
They have quite high admin costs. Next to no progress other than at Altintepe. With Baha mining in total control of Altintepe, it would be good to know management have tightened their own belts
market cap means nothing if they have to issue million/billions of shares along the way.
There looks like there is a court hearing in Turkey on the 30th October. Positive outcome for stratex could be the boost it needs.
To be fair on Bob, the information he has passed on is what he has been given from the mining partner. Baha are in total control of the construction. As for delays, as Troajan has pointed out, it's pretty much par for the course. It's a feather in Stratex's cap to be involved in a mine going into production - not that many small expo companies get that far.
Hi Kula, I think the legal issues will be sorted in Baha/Stratex favour very shortly. I suspect some of the delay in completing construction has coincided with the legal stuff. As far as the latest interview goes, I tend to agree with you, although I wasn't actually laughing. The talk of another asset purchase and the required funding sends a shiver down the spine, especially, taking consideration of their history with previous asset buys.
presentation and tip tv interview available on Stratex website .