ELE 0.00% 0.5¢ elmore ltd

indian belly, page-51

  1. 3,553 Posts.
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    Hi westcott,
    what you are saying is fair enough, and i too am bugged at how long its actually taking for this mob to produce some results and sell some ore in the end.
    Although i am not holding NSL now, i still want to see this company move and produce results for current share holders to see and they have earned it by waiting for so long!!.
    After assessing my options back in march approx, i decided to sell because i didn't like the cap raising / consolidation.
    I got burned with NSL reaching 10c in 2008 and suffering a major fall after the announcement of a 1:4 consolidation, it was hyped to 10c only to fall back to reality at the time.
    I still kept holding more for fundamentals that will speak for them selves but 1.5 yrs have nearly passed and i felt that the company is positioning the dates and achievements too much for me to handle at the time. plus i was on a nice profit at i took up the SPP @ .005
    Even though i chose to bail out before the consolidation, i still like to think that perhaps one day this share company will achieve and shareholders rewarded, questions have to be asked and management of the company have to tell its shareholders exactly what is going on. To me a company that is not being 100% in its integrity and communication is a sign of leading shareholders on in a loop.

    October 2007 to October 2010 its been a hell of a ride..

    i really do hope this company does turn round and share price goes wild for those that hold..

    I hold PNO now. bought 7 million @ 1.2c so see how we go.


 
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