PLV 0.00% 1.2¢ pluton resources limited

back to 40c few months later !!!, page-19

  1. 376 Posts.
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    Thats fine there are a few serial down rampers but a lot of others on here are not down rampers just long term holders who have seen their holding smashed - such as myself.

    I just exited today i am done. I think i have earned a small rant given i have officially lost a huge amount today.

    Since the PFS disaster this share has been in constant decline and littered with mistakes. Once the wagon was hitched to WEG it has been nothing but a horror story. They have effectively taken control IMO.

    I am not willing to subscribe to the idea that macro conditions can account for the position PLV is in now there are many factors separate of this and within management control that have lead PLV to this place.

    To release without funding in place further highlights that management are on the run – 5 months for that to happen! They cannot get it right and to me it is just another error which has led to decimation of the SP and for me the last straw. I simply do not have faith in management to deliver to shareholders but do have faith they will deliver value to WEG. Shareholders stand to lose everything WEG can only make out like pigs.

    This whole its great value line just doesnt stack up. Over my 5 years of holding and more in the last few all i have seen is continual claims of great buying only to watch the steady decline of the SP great buying at 50, 40, 30 , 20, 9, 7.9 and so on! When does it become bad buying?

    There has hardly been any real sell pressure yet the SP has been smashed by circa 65%. If any of the retail holders pull the trigger look out.

    Finally Mmartin you posted making the comments of how can someone post mistruths or lies on HC! Well i have read posts which claimed the CEO left for family reasons and that WEG were a great bunch only for that person to try displace them? your thoughts on that?

    I really wish the long-term holders get something back here and hopefully PLV can lock in the funding needed and WEG dont do a WEG and reneg of their portion. Good luck to all there are clearly plenty of decent people on here who deserve better than what has been delivered.
 
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