Thanks to the people posting in here. I didn't expect to read this.
But your stories, i.e. saving money is why I post in the manner I do. I don't like seeing people in stocks when I think they are being genuinely shafted. And I admit sometimes you have to be rather "colourful" to get your point across.
For anyone that thinks I made it up... well, I honestly think I didn't. After a long time of trying to find out where I got it from, this is the passage I think I misread:
"The buyout of VRE's share of carnilya is a classic example. Actual cash payout of 22.5M. But VRE had already expended some 6-8M on their share of capital development, so the effective payment was around 15M for the defined resources (plus all future resources subject to a possible 2.5M royalty)."
I don't read HC posts very closely, and admit that my extraction from this was wrong, and I apologise.
I don't believe I have gloated hugely. You certainly would know if I was.
I certainly wouldn't be likening your plight to those of SGW holders if I was. I certainly wouldn't be giving you genuine advice if I was. I certainly wouldn't care if you got some of your money back or not if I was!
And I repeat, once again! For christs sake take the same action as SGW holders before it is too late!
And no, I definitely do not hold.
The others, comment on the blog anytime you like. If you want to know what I'm holding, just leave a comment or give me a message or whatever.
Until then, go long everything inflationary... especially anything to do with food!
Cheers.
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