I just feel sorry for people wasting time and energy on SOC. The company was stuffed long before GTT got involved. I bought some at 12 cents because of the world class Hobbs Pipe / Mt Adrah et al.
Suddenly SOC went to spin out their prime asset Mt Adrah as a stand alone company. That was never in the plan, never in the vision. We were investing in SOC, not for them to chuck away their best asset. The SP dissolved, all trust and faith from the shareholder base evaporated. They scrapped the Mt Adrah Ltd thing but the damage was done.
Plus there were all sorts of dumb financing deals done that became a total distraction.
None of this had anything to do with GTT. They took a dead shell and now are trying the old 'lithium' pump just like all the other desperate speccy's are doing. I'd be surprised if any of these 'advanced lithium projects' anywhere amount to anything. Might as well rail against the whole resources sector for the cynical way lithium plays are being used to pump SP's.
All of this raging against the machine is occurring after the horse has bolted. The horse bolted and is now 1,000 miles from the barn.
And I don't know what the drilling at Hall's Peak is in aid of. I just wish another company had Mt Adrah and was interested in doing something with it.
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1 | 5154 | 0.097 |
1 | 150000 | 0.085 |
1 | 200000 | 0.075 |
Price($) | Vol. | No. |
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0.120 | 37683 | 1 |
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