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yep, totally agree, they need to branch out A.S.A.P and use this...

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ohreally

8,078 Posts.

561

24/08/16

12:39

Post #: 18641004
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Originally posted by stevenjd ↑

well said.

the problem is that they will just keep paddling up this creek , and not change course.
The business is failed.

So the other thread asked if this could go under?

well, not in the next couple of years, but as cash will just further erode,,eventually yes.

thats not a reason to buy or hold, to watch them piss away the cash.

They must admit defeat, shareholders should call an EGM, and go and buy a junior Gold miner with their cash.

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yep, totally agree, they need to branch out A.S.A.P and use this cash on something with more potential, they're just hiding behind shareholders cash in denial right now

I have no issues averaging down with stocks where the FA remains in tact and the daily chart doesnt read like a Stephen King novel, but unfortunately for 1PG holders there really is nothing that tells me it would be wise to average down on this one

Last edited by ohreally: 24/08/16

1PG Price at posting: 23.3¢ Sentiment: Sell Disclosure: Not Held
5 Upvote

0 Great analysis

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yep, totally agree, they need to branch out A.S.A.P and use this...

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