I am with you Stevo. If you invested in the stocks AM has been involved with over the last 12-18 months you would be up sheet creek - despite all his optimistic talk and despite what seemed like announcements that were turning points, but fizzled out to mean nothing. I am also talking from experience...and you can't blame Covid as the declines came before.
Time one of his projects steps up and create shareholder wealth or goes to mine and makes some dollars or dollars for somebody else.. no point calling yourself " mining guy" if no profitable projects to show for or at least clear direction on one of them.. the only blokes that made money are those early guys..look at our thread starter- was waiting for 3-4 bags and even dividends but quietly jumped ship!! Some of these early guys have an uncanny ability to know when to bail.Good on them. I don't begrudge them. I am not that smart!
I don't understand how performance rights were awarded to AM when finance is still dependent on drill results - it is not guaranteed yet
So we get a crappy finance deal dependent on drill results, sp down, delays to project BUT AM wealth increases. How is that acceptable .Who cares if shares are 20 cents, 15 cents..it was all free anyway. I would rather award him 3,000,000 performance shares once we hit milestones that also create wealth for the rest of us.
Maybe we are the mugs and there is something we don't know! This is by far my biggest hold and I am starting to get nervous...what for- I am not sure. It does seem very low risk..but then what do I know about mining!
My buy in is about where the share price is now- only achieved by constant averaging down over last few months. If we don't get some clear answers in coming weeks I may return all 700,000 of them- shares that is not dollars..lol
Imagine I told you 12 months we have finance and the share price was 24 cents..you would be laughing at me!
Whnge over.I keep getting reminded patience will be rewarded..lol I will keep waiting for now
G1A Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
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