Wow Plonko good to see that you have just turned around and said the same thing we have been hearing from you. just like a broken record.
You really need to read peoples posts, There is an issue with labs in the mining industry and there is an issue with drill rigs in the G & O area and what I was trying to say with that example is that management cannot do much to help that.
The exec comment was if company execs keep an eye on hot copper then why wouldn't brokers etc.
Dveous you would be surprised how many fund managers and stock brokers actually use forums such as this. All my mates are on HC and they work in that industry. Where else can you find some diamonds in the rough. After locating them then yes research and a lot of it is required. No one is stupid enough to just buy on HC's say so, but how many people would walk away from even researching a stock because of the same old complaining.
Why is the stock down yes management are partly to blame but did you guys forget the 200m or so dumped trying to take advantage of result delay & lack of communication and all out of spite. Once that happens yes people get frustrated at price and leave. but fundamentals and resources are still the same as when we bought in and the only diff is how cheap it is now.
Plonko it is a spec share if it dies tomorrow then S$%t happens then again if it flies great, but it is a spec share hence a gamble, you want security and even that is rare these days go buy blue chip stocks. All specs are a gamble and top notch management are with the big companies we are here for the tenaments and resources, that's why JV's come to play, and it is a long term bet.
Finally Plonko your complaining is due to lack of communication and delays, which happened the last time we were waiting for results and the results came in and they were ok, the difference now is that:
DSO has been found (how much???)
there is more magnetite (how much???) we will find out soon enough
toe in the door re infrastructure
merger around the corner
The gamble is if they work out we make a s&%t load, if they don't then in the draw they go or they become a tax deduction. SPECCIE! we just need to wait.
Anyway sorry for the length and I understand your frustration but you just need to relax or you will make yourself sick.
Good Luck All
Bobby
Add to My Watchlist
What is My Watchlist?