Member Info for VulcanBob

Ask yourself `short term or long term` Billy?
If it is short term then surely the big time investors would have already been in like a shot and, yes, you would already have seen the SP `rocket`.

GLR may rocket in the future Billy - but it is important to understand that, particularly within the AIM, nothing is EVER certain.
In the short term, GLR could quite easily drop further. As for the longer term, you should accept that GLR still remains a gamble. Certainly, the company holds many licences, but they are NOT necessarily licences that are guaranteed to print money for you or me.

Wise move at present!

I am confused as to the implications of the link which you include Ella (http://www.tiger-rf.com/pressreleases/pr20210315.pdf)
I see that Bird has been a long-time Director, CEO and Chairman of Tiger Royalties and Investments (aka Tiger Resource). He has a similar `hold/interest` on APP. A brief look leads me to believe that he is just shuffling some of Tiger`s assets to APP. Presently, I haven`t the time to consider the ramifications of this. Has anyone got a simple answer for a `Simple Soul`?!

Castiron - From the various, recent inputs on this board, I have seen no indications from any contributor pointing to he/she being an academic of any significant depth. Not that this is meant to be a criticism by the way!
Moving on, and for Billy. Whilst the SP has certainly dropped for the last 2 days, don`t forget that, previously, it had increased significantly (albeit, as a likely justification (and as previously suggested), probably because of some large wads added for the 2021 ISA opportunity).
Now Billy, my views on the lack of an RNS or two. Bearing in mind that there are occasions when an RNS has to be notified (eg warrants, placements, directors purchases/sales etc) the other, most likely occasion would be when there is new information of an event that is regarded as GOOD news. Why? - because that ought to push up the SP. Conversely, bad news, de facto, would likely do the opposite. In GLR`s case, a bland, `no news` RNS would serve no useful purpose. If we take the recent helicopter survey just AS AN EXAMPLE. It seems to me that there could be 3 reasons why we have heard nothing (unless I have missed it!).
Firstly, the analysis is not yet complete - ergo, not worth an RNS. Alternatively, the results are in, but perhaps disappointing - not what everybody is hoping for (and anticipating?) - hence a likely drop in SP. Lastly, the results are in and are positive - obviously, this would generate an RNS. So Billy, I hope that my thoughts on the current lack of any RNS may explain the likely reason why, both in GLR`s case and, more generally, within the general (though my somewhat simplistic) rationale of RNS issues.
Presently, in GLR`s case I think that you can assume there is no significant news that would be greeted positively. Certainly, the lack of an RNS will not be because Bird is just too busy.

Thanks for your Thursday response DC.
There is no doubt that your factual opinion mostly sorts out my `fag packet` assessment of GLR`s progress (or lack of) quite nicely. I must concede that my opinions were certainly far too simplistic, particularly starting with my assumed financial figures at GLR`s entry into the AIM.
However, I still have major reservations regarding CB! In my last, I suggested revisiting my/the diversity of opinion, (particularly apropos our Mr Bird), perhaps in six months. If I remember, I might just do that and also be more forthcoming with my critical opinion of the man and, as I see it, his questionable attributes. Now then . . . . where`s my diary?!

No need to apologize for correcting something if it is incorrect DC.
Firstly though, I was initially making the point purely in regard to your comment that GLR`s value had increased significantly since Bird had taken the helm. Since, checking a little further, Bird was actually CEO in Sep 2011 when GLR`s SP was 36.5P. As I pointed out, in the following 10 years its SP has dropped dramatically, and the company is not now valued, as you claim, at "significantly more since CB has taken the helm". Now, whilst I don`t know what GLR`s MCAP was in 2011, it was certainly MUCH greater than the £12M it is now. Bird`s initial holding alone in 2011 of 40M shares was worth more than £14.6M alone. Even with his multiple top-ups over the years in which he has increased his initial holding by a further 50% to some 63M, it is now worth around £831,000 - some loss!
If I can now turn to your MCAP comments (and corrections?). From my simple mind, a company with 1M shares at £1 each has surely an MCAP of £1M? If a company then just doubles its number of shares, then it dilutes the value of its shares by half - its MCAP will not increase. Simply, a company just can`t increase its MCAP willy-nilly.
I think (and hope!) that my initial, and follow-up logic is simple. My initial broad-brush calculation of the value of Bird`s GLR holding in 2011 appears to have been worth over £14M. Over the years, he has increased his holding by another 50%-ish, yet it is now worth less than £1M. Thus, I echo my initial sentiments to your statement that "GLR is valued significantly more since CB has taken the helm". It just isn`t - and by a long chalk.
Finally, to round off, I did not actually blame GLR`s dramatic fall in value on CB as you seem to infer. My comments were purely trying to point out that your statement that the value of GLR had increased in value since CB had been the CEO. That was my only thrust. However, the `buck has to stop somewhere` and it seems to me that it would be difficult to find another scapegoat (or reason). Simply, unlike most on this BB, I do not believe that C Bird Esq deserves the multitude of plaudits about him that have been scattered around in fairly recent times.
Perhaps it will be worth revisiting this diversity of opinion in 3 months, six months or whenever. Will 6 months be long enough for the final wonders (and SP) to have changed the GLR world I wonder (and doubt)?

Datacheck: Re your "all 3 companies are valued significantly more since CB has taken the helm".
Not sure when CB actually "took the helm" of GLR, but shortly after the company entered the AIM (in Sep 2011), Bird acquired over 40 million shares at 36.5P. With such a large purchase, I assume that this was likely concurrent with his appointment as CEO (or, at least, to the GLR Board). Over the last 10 years, the overall drop in GLR`s SP (and therefore MCAP) has been no less than COLOSSAL (particularly from a Bird point of view!) down to around just one 28th of its original value when Bird first took a financial interest.
At the moment, I can`t be inclined to check his other 2 companies . . . . but I do wonder?!

"Nonsense posts" Oiltap? I suppose that the definition of "Nonsense posts" is anyone who has the temerity to post an alternative view or opinion against the usual thrust here that Saviour Bird, that guru of canny investment, will deliver halcyon days with untold wealth (and in very short order) to all who have blind faith in him.

Well Oiltap - To quote you - "The tittle tattle nonsense on here is getting worse. Pull yourself together".
But then you follow up with 7 inputs in rapid succession of pure "tittle tattle". Get a grip Oiltap, and pull yourself together!

I noticed a comment yesterday Billy from someone whose `name` I didn`t recognize. He was critical of Bird`s performance as CEO of 3 companies, linked together along with GLR. He noted that all 3 companies had dropped in SP value over some years under Bird`s stewardship. As I mentioned in my last, I only had time for a quick glance yesterday. Today, I notice that this particular message and all the responses have been removed. By whom I wonder?

I had the quickest of quick views here yesterday before shooting off to enjoy the sun, and couldn`t help noticing a longish input regarding Bird and his `achievements` as the CEO of various companies linked with GLR. I can`t remember who submitted the input, but it was from someone new to me. Anyway, I didn`t have time to read his/her message thoroughly or the build-up of responses.
So, I have just settled myself down with a cuppa in pleasant anticipation of a good read, only to find out that there would appear to have been a good clearout, for there is now neither hide nor hair of yesterday`s various inputs.
What on earth has happened? Why this clearout? Surely, not censorship?!
From what I remember from my very quick glance of the detail here yesterday, the critical observations regarding Bird`s record as a CEO seemed accurate. . . . . . Oh, and by the way, perhaps not indicative of "Our Big Man" iky!

The market cap goes up when the share price goes up Billy, and down whenever the share price drops.

A very sound analysis MrNegative.

Drilling has been going on for years Billy (and every time one has assumed this time with promise), but the actual status quo (viz substantial GLR drilling results) still keeps us on tenterhooks. For how long, the cynic in me asks? I am not expecting much will have changed in a month from now. But, I would love to be proved wrong!

It would also be nice if Billy explained his "estimates of 4 weeks to have both results in" with actual FACTS to back up his estimates - rather than just wishful thinking!
I agree with iky here. How many times have we read the myriad of enthusiastic opinions that halcyon days are imminent? For me, it has been well over 3 years!

I am not sure that it would have to be broadcast. If the news was bad, then it would affect the intrinsic value of the land.
You will recall that Bird did not explain the basic raison d`etre for that Artisan Miner Mr Chewwelwas being introduced into the GLR equation did he? If he had, that would have raised more than a quizzical eyebrow or two!

Billy: I guess that there are just 2 reasons why there has been no news regarding the magnetic survey:
a. Good news - It takes a long time for a detailed analysis of the data.
b. Bad news - the results are complete but reveal disappointing data. Broadcasting that info in an RNS would not help the SP one jot!

Billy0813:
What good do you think an email to Bird would do? In the last few months, too many people have seemed to hang on to his every word when, in essence, he appears to have had his own secret `roadmap`. "Good Old Birdy", (loved by all) has always seemed to be doing no wrong and, despite his apparent shenanigans, convincing most that vast wealth was just around the corner.
I have no doubt that, inevitably, there will still be some around here who will continue to number-crunch, with more seemingly convincing figures proving that today`s bombshell was just a minor setback - but nonetheless necessary in the greater scheme of things.
Inter alia, I asked a question here within my post of 22 Feb . . . "Is there anyone out there who would like to go firm on a likely timeframe when GLR will finally start producing . . . . one month, 3 months, 6 months - I do wonder?". I will now amend that question slightly and add . . . "or never".
Changing tack somewhat, there were many who scoffed at Columbo`s frequent inputs around 6 months ago, warning to anyone who would listen to tread carefully here. His comments/forecasts/advice were accurate, yet I have no doubt that they went ignored. Let me add my own advice . . . . . . . Do not trust Bird. He is a 77-year old man who has seemingly lost a lot here. He lives in the UAE and I have little doubt that he will do all he can to financially feather his nest in order to enjoy his remaining years in the Middle East.

I see that GLR`s very own "Artisan Miner", a certain Mr Chewe Chelwelwa, is one of the principals of Siege. And I had imagined him, trowel in hand, scraping around a heap of muck!