i don't understand you, littletee, page-17

*You* are the King Ramper, Littletee.

I only searched for 3 minutes and I come up with this:
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Subject re: some good buys again..
Posted 19/02/04 13:35 - 66 reads
Posted by littletee
Post #239813 - in reply to msg. #239804 - splitview

Totally agree sandybeaches!

With a director buying 100,000 shares at higher than 13c and a good high profit quarterly report coming up, I just couldn't ignore buying today at 13c!

I'm in again today at 13c and will probably buy more!

Good Luck and a BIG BUY at current prices!!!

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Subject are these figures $$$ on leg right?
Posted 05/02/04 13:06 - 245 reads
Posted by littletee
Post #229990 - start of thread - splitview

JUST DONE SOME QUICK SUMS ON FIGURES FROM RECENT LEG ANNOUNCEMENTS. PLEASE CORRECT ME IF THEY ARE WRONG. IF THEY ARE RIGHT THEN THIS IS ONE COMPANY TO BE ON THIS YEAR IN MY OPINION!!!

Gold Production of 60,000oz per annum x $525 (current gold price in A$)
=
$31.5mil revenue

Costs

60,000oz x $205 (cash cost per annum)
=
$12.3mil

According to my calculations this leaves a profit just from gold production of approx $19.2mil!

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Comment: In the first one you are suggesting that LEG is a big Buy. Why? Because as Director is buying? I have read about Directors buying and then lose a fair bit after that.

But to suggest to Newbies that something is a BIG BUY (With capital letters), that takes the cake. Have you got a proper licence? Are you an Advisor?


The second is is far worse, sure you are asking for advice but that one should never have appeared at all. Totally overdone. Profit of $19.2 mill on 60,000 ounces?

I had $17.82 mill profit based on 90,000 ounces or NPAT of $8.17 mill.

Do you honestly think that the seller would have quit that mine for $5 mill if he could get $19.2 mill. profit a year from it?

You are a simpleton of the worst kind.

There is more to it than your extremely low cash cost.

A supreme but stupid ramping effort. I say stupid, because anybody with half a brain would have spotted it.

I suppose I could easily dig up another 20 solid ramper examples from you.

So, you call yourself clean? You are a fraud!

And one, driven by emotions.


Gerry