Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I share the posts of many on here who are feeling disillusioned with ALBA. Despite all the silky words and hinted at gold discoveries at Clogau by George and Mark, not one gram of gold has been produced. Any investor can see this has had zero support since the 30s even when good news has been released and I make no bones about it, its concerning. Normally you can't shut GF up, yet he has gone quiet...Suppose we should be grateful as whenever they release news the SP seems to fall. e-mails to the company are ignored, never a good sign that companies don't respond to shareholders asking non price sensitive questions. I have several million shares and seriously thinking about taking the hit as this just looks more sore day after day. The market always knows well before shareholders, and its saying this is all tosh imo. We will see.
There is no way to sugar coat this, it is not looking good for the company to have hit gold. Results are sickiningly overdue, that is suggesting to me that the results just aren't there. Have they sent more samples for analysis perhaps to try and hit something? I last topped up at 0.3063 when the Greenland news came in and thought myself fortunate. Seems clear to me that others know more than us shareholders. I'm still holding, but it is for Greenland not Clogau. I certainly wont be adding more that's for sure.
Reddog, check out orslega posts on this board it's all there.
You are welcome dazzle, thats a live price site.
PQE going right off in Germany and Canada up 100%...Now where are you TOM?
PQE up 40%
PQE up 30%
PQE up 73% in Frankfurt.
It seems that yesterdays RNS and the misunderstanding by a few posters has carried on into today, helped of course by the various doomsayers who drift from board to board. If you have trouble truly understanding yesterdays RNS, then please liquidate any positions you have in any company on AIM and put it in the building society. Several have tried to explain exactly about yesterdays RNS and the implications for ALBA, but have now given up and quite frankly i don't blame them.
GF has had his critics over the past few months,me included. But one thing you can say about the bloke is that he doesn't hide from his shareholders, regular information through RNSs, podcasts, etc...We now have a Q & A session to come very soon. Believe me, 99% of other companies ignore their shareholders, so credit to him.
Any new investor looking into this board could be forgiven for thinking that ALBA have simply given away the Greenland asset for nothing.. Lots of new names posting untruths. I suggest that anyone really interested should read the RNS properly, and if you really can't understand what is actually planned, then for goodness sake don't play with shares.
Our friend Yanis has pointed out that an RNS reference the assay result on the waste rock should arrive imminently. There have been some very big sells today perhaps suggesting that some know more than the rest of us. Considering the Amistoq update on the 7th was in GF words " phenomenal " , we have headed south after an initial rise on the news release. It is really looking just a little bit sore. Things can change very quickly but currently sentiment is not with us, and after the news we have had recently that is all just a little bit puzzling.
Nobody has been scammed Maclain. The problem as my friends elir and Yanis have been saying is because of a number of factors, including George the grin actually puts the news out. Seasoned investors will be thinking along the same lines as me as to why this has been systematically forced down for weeks. I don't need to say it again...
Although the grin comes across very amateurish at times with some of his more enthusiastic statements, you can't argue the fact that at least he keeps shareholders informed, many many other AIM companies say nothing, so which would you rather have?
Please don't say about if i had had my money elsewhere i would have made money, life is full of ifs and buts and what we should have done. We will be alright here, but market could actually act favourably to finances being sorted.