VMS 0.00% 1.8¢ venture minerals limited

Time For A New BOD, page-63

  1. 1,522 Posts.
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    Gordobre, as I said before, I am a fan of the intelligent people and mark my word, as I won't be repeating forever, Andrew Radonjic is one of the most intelligent geologist/operators on par with those in the past who help me to become a successful commodities explorers/developers.
    P.A. knows some stories as he was also an investor in some of my past holdings...

    1/ We are in the toughest business of all as timing, trends, fashions, speculative and real demand and prices are only a few factors difficult to predict... but rewards are multiple gains when successful.

    2/ Failure I had a few, but didn't dwell on it (and surprisingly when I gave up on some of the failures ... they as "dogs" become overnight sensation gaining multiples ... without me...

    4/ It is good to be well educated in the field but not the best educated as Luck is contributing the other 47 % to a final success...
    (I have a good school friend who is retired mining eng. / mining executive/ but I don't ask him for advice as he is negative and knows too much, while some of my other friends were successful in chemical productions they know less than me about and against my advice)...

    5/ You can not have L/T plans as trends are unpredictable ... that's why the Leader and the board have to be flexible and few examples of my past / current successes:

    6/ NST probably the best success in Gold mining:
    Northern Star Resources (NSR) was founded in December 2003 to search for and develop iron ore deposits in the East Kimberley region of Western Australia. It was listed on the Australian Securities Exchange in December 2003. I bought it for just over $0.1...
    In July 2010, it became a gold miner with the purchase of the close to "depleted" Paulsens Gold Mine... and the rest is history based mainly by acquisitions of next gold "semi-depleted" assets... (the boss BB. was always v. expensive - I wish we paid him A.R.' remuneration!... but holders become wealthy and he is close to a billionaire now? I left too early to invest hugely in DEG, which was oversold)

    7/ IGO... I bought into "penny dreadful" Independence Gold to search for Gold $0.2 plus... we did not find gold but bought old LONG nickel mine,
    other assets, next discovered Tropicana Gold and now they sold the cash maker Tropicana to buy for $1.5 B. a share in Lithium producer...
    The company is successful thanks to a brilliant geologists ideas to buy fertile tenements in WA.
    8/ DEG is a long story starting in 2002 from base metals, through Iron Ore, Lithium to Gold and the last "failure" were in a group of nuggets chasers in Pilbara (conglomerates) and even experts did not give much chance for company survival with boards upheavals and never ending complaints by holders .. just read some assessment of the expert just before the company become and overnight sensation after 17 v. lean years:
    https://www.pro*active*investors.com.au/companies/news/907426/gold-in-the-pilbara---the-players-and-their-story-907426.html

    (if only the expert was as "lucky" as me and in the midst of the worst crisis bought a lazy few million shares at $0.04 or less?... he would be retired in Byron Bay? I bought as I believed in experienced geologist Ed Eshuy ideas to drill where there is no gold and discover Hemi goldfields... as the gold was always there hidden under 30 M cover of dirt!)
    You should go back and check the abuse of the management 2 years ago on the DEG thread ... I was one of a few defenders ... and eventual winners)...

    9/ My latest success is CXO (which is allowing me to pay for the rescue of the VMS dumped shares)
    Incorporated Core Exploration Ltd was incorporated on 10 September 2010 with the aim of growing shareholder value through the exploration for and discovery of commercially robust copper and uranium mineralisation deposits in South Australia and the Northern Territory.... but we did just achieve $1Bln value on ... Lithium which was accidentally discovered (and may also hold substantial Gold / Silver)... thanks to v. intelligent Leader / geologist too...
    and you should see the abuse dished out against him only at the beginning of the year when you could buy as much as you wanted shares below $0.04 ... now we are at 0.62... and nothing much changed the assets are the same only the holders have change and those who sold have good stories to tell their grandchildren how not to behave as a investors in Commodities explorers / developers...

    10/ GLTArealH
 
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