LUM 0.00% 2.3¢ lumacom limited

getting real, page-7

  1. 29,730 Posts.
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    mmmm - not too sure who stapinev is, as i see that he has only posted two times - so i hazard a guess, he has posted under another nick, in the past. never the less, what he writes is true - and people seem to have very short term memories. my understanding about totius paying for the sign, is more along the lines, that is has been paid for, by virtue of their contribution to the joint venture company, that has been set up between totius, and lumacom - anyway, it was something like that, because that is how it was explained to me, by one of the powers to be, at the annual general meeting.

    i can understand the sell down of course, because people get sick of waiting etc etc - and deals do not seem to be getting finalized - eg - according to the chairmans report, there was supposed to be a sign operating in germany, by january - and nothing more has been heard about that sign. never the less, for reasons mentioned by myself in the past, and now by stapinev (i wonder if that is some play, on some russian word), i have topped up my holdings, at 47.5c on wednesday, and 46c on thursday. prior to purchasing, i would often post about lumacom, and i would often state that i am not buying anymore, because i already had plenty, bought at very low prices. time will tell, if it has been wise for me to have bought more - mind you, i always accept that it is a spec play - and of course, i can loose my money - but it is no different to most spec plays on the mining board - because i can assure everyone, that most of the nickel stocks will find NOTHING - but that will not stop people from having a punt

    talking about nickel stocks - on the basis of prospectivity, i thought that avoca had exceedingly promising ground, indeed, as good as it got, as far as an exploration play was concerned - along the jimberlana dyke - but alas - drilling ruined a great prospect

    happy punting to all - anyway
 
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Currently unlisted public company.

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