contrarion view, page-51

Pussycat, in reply, though not aimed only at you....

Angolan Govt is also 'supportive of foreign investment'. Not much good coming out of that country though.

Of course they are supportive of it, because they make HUGE amounts of money of it (for themselves, their families and their mates, much like many of the players in the ASX and finance sector in general). OK, Eritrea is not 'so bad', but it is still pretty shocking.

I'm just being protective of my hard-earned, that's all.

I personally see STB cracking $4 in the near future and really want it to - esp if we get written up in the papers here, in Canada, UK and continental Europe, i think it's a possiblility.

I'd really like to hear of some movement in the Rosie thing to shore up the political risk of eritrea.

No doubt the Potash thing is HUGE, I'm just concerned that when the dictatorship realises exactly what this is all worth, they may just end up calling all the shots and taking all the tenements back - prob after infrastructure is set up and mining is nearing ready to go. It's a big call, but in my mind, when dealing with an 'unhinged dictator', i believe anything is possible.

I agree with Entropylord (i think it was him) who said that he would be sceptical looking at a 5yr situation.

What happens if say, within 2 yrs, indeed there is another military coup, or if the Islamic militants in neighbouring Sudan get feisty? All previous deals with the current dictator could be null and void.

Also, to get our Potash out of Eritrea to India/China, our ships MUST pass thru waters of Somalia and Yemen. Either of those countries ring a bell for anyone?

As for Rob, are we talking about the Geo who predicted a $20 SP?

He's a geo and yes that's important, but he is not a geo-political scientist, nor the holder of a crystal ball.

Rob also seemed to be calling some pretty big shots for someone Inside the company. That could be viewed as insider trading. Who is Rob, what are his motivations and does he really exist - given that the only reason that anyone knows of him is because someone with a handle on HC 'said' that he spoke to him on the phone and then posted that here.

I think i might well step out of this discussion at this point, as i don't want to get into a brawl, nor do i feel the need to justify myself, as i believe i have already done so.

Understand that I have a holding and interest and have followed this stock since i bought in as a speccy in 2008. I've not sold out because I've consistantly been happy w the board and mgmt. As they have not pulled anything out of the ground and sold it yet, it IS still a speccy - i think a great one at that.

I want to see this one fly, i really do and i have faith in mgmnt. As you will see form my posts, my sentiment is 'Hold', but the stop loss button is also not so far away.

Though i don't believe this forum is all that influential of the overall result of a SP, i do know that pple have been suckered into losing their $$ by listening to both ostrich-rampers AND peeps who have a vested interest in ramping - many of them being directors/board members of esp. micro-caps.

I feel i also have to disclose that i am fairly green to trading and have only been doing it for a few years. All in all i have made more than i have lost and think that has a bit to do with luck. This is by far and large the best I have done out of ANY stock i have traded (approaching 1000% profit) and i am not a guru AT ALL.

just believe that if you are an ordinary person, like me, unaided by insider mates et al, you really need to be vigilant. you really need to DYOR in a multi-faceted approach - esp when dealing w investments in countries you know nothing about.

If you read an article in the newspaper or a post from an anonymous on a forum and you REALLY, REALLY want it to be true, then for you, it WILL be true. It happens to us ALL. It's human. That's how we are. How do I know, it has happened to me, and has cost me $$.

Hell, bugger it, i will join the rampers and call a ST Buy on this. 1 more potash ANN and 2 positive rosie ANNs to shore up the risk and i call 4+ bucks. Go into production and this could get very silly.

That's my sentiment, so please don't anyone call me a downramper.

Just please don't get greedy and cut others down if your opnions differ.

Peace Out.
Go STB!