what happens on shell with the right backing?

just think a change of title is needed from the "dumping" thread

copied same post here

shells

with the right parties backing them

could see massive gainers

CPL, EQX, PSF are perfect examples of Ian Middlemas shell play

CEO done well also with Paterson & Jasper Hill, 0.7 to 3.6

RNI & MOD are Kennedy plays

RNI is the most successful shell play I have seen

from 4c back in May to over $1.

6 months holding........

EIO are same guys behind PZC, KRL & the massive ESI pump

(cant say they are value builders tho, check out the massive P&Ds on all three)

NRU backed in a gold asset recently which had the company rerated, backed by Cygnet Capital & Rowley

I dont back any random shell plays

but history has taught me to look for who is behind the scene

these guys stay

I will stay

I have changed my sentiment on SLT to a rather LT hold if all go according to plan

a bully project to start with

hence I conoverted most holding to SLTO (ex 0.2c)

these will be beautiful leverage LT plays if SLT can source a project that attracts markket attention

plan a clear path to development after acquisition

hopefully bring in additional industry heavyweights

long way to go

fingers crossed management follows the logic