cleansing statement, page-43

"Surely as a benchmark of performance if you have been in CDU from the AUM days then your investment has grown to be part of a $650m market cap company while PLV is down to $56m"

AKA,

Sorry I could't reply to you yesterday. I was in a hurry and had to leave.

In regard to the above, while I agree that my original entry price was less than 1/10th of the original sp value, silly of me, I fell for the trap from the rampers, especially the very famous one that was writing bible lenght stories, and continued to load up more up to $7 per share. Things started well there and kept on heading on the right direction until the famous JORC that blew everyone out of the water.
Besides the few forced suspensions forced upon us and the promises that haven't met as expected, it has got me a little suspicious and worried. The BB for instance, you should know more than me about it, is not what it should be there for. There are instances were BB are good for the investors, there is no doubts of that, but there are other BB, the likes of what we have there, that shouldn't be there.
BB's, when used, should be made available when there is ample spare cash from excess earnings and to cancel excess shares available in the market in order to increase the profitability of other investors. But, the way it has been done there, it is totally out of what is considered to be acceptable in the normal course of business of a company. No companies should be gambling with investors money in order to support a share price,and that is what is happening there. Horse for courses, and I am sure that you would agree with me.

As for QMN, although I never made a mention of it, I just put my shares certificate in the bottom drawer and left them there. As I am always short of time, I have given that Forum in QMN up for now.

But for PLV, IMO things are a little, if not much more, different. Everything was going well until the PFS came out that spooked many investors away, especially the Short Term Traders that weren't prepared to hang on until the market improved. They sold out and left for greener pastures. Little they knew though that, the way things are currently going, things are about equal with every other share. Remove that BB in CDU, and you would soon see what I mean. We are getting hammered by the big hedge funds with the shorting of shares and false market expectations/projections that can cause huge swings in the market.

I remember FMG going through the same thing as PLV is currently experiencing, with it's Iron Ore. But then the demand of Iron Ore increased, and the Chinese were getting sick and tired of being screwed by the Big Three, BHP, RIO and Vale, and moved towards FMG. Now FMG is moving towards the likes of the big three and is now considered and being part of the big Fours.

Again, with PLV, we have, or so I believe, a quality of Iron Ore that is not readily available elsewhere, and that can and will command a Premium on other Iron Ore prices. It is my opinion and experence that, when you have quality you have a market with people willing to buy and pay that little extra. Timeone, IMO, has continued to play along with us and willing to pay that premium on our shares in order to have security of supply.

Hence why I am happy to ride the waves that we are facing with PLV. The time will come IMO that investors and buyers will see what we have to offer and the ones that stuck with their shares will eventually benefit.

Sorry, in a hurry AGAIN and have to go.

I have noticed that Showman (Tony S) has made an appearance in our Forum, but I am too busy to read the threads.

Good luck, and talk to you soon.
Buddy