ASN

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7.4¢ anson resources limited

whole heartedly agree with making money and spending it the...

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wiz32

590 Posts.

61

25/05/23

18:29

Post #: 67966570
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Originally posted by Square: ↑

Gday mate,
I'm no spring chicken , been playing around with small caps for 25 years.
Not new to ASN, held them since 2017.
Call a spade a spade.
Just voicing my opinion that the best course of action is to steam ahead with Paradox, get it into production and then go onto the next project (Green River)
You talk about Lake, absolutely agree, fruit cake of a Company , you call it a disaster.
However, with all the spin and bull they sprouted, the bottom line shareholders made lots of money. Remember it got to $2.50 and currently 54c. If we were that we would be over the moon.
Who really cares what furphies are told, you wouldn't give it back if you made a bucket full of cash because you felt a moral obligation.
This is real life and how the system works.
Moral is dont spend too much money before you make any.
Example: Google Mark Povey.
Was worth $30m in the mid 80s.
Kept buying petrol stations, then more and more and more. Got to greedy, spent more than he was making, went bust.
All right now, he's a cleaner,
And closer to home, me.
Made an investment and part owner of Mega Fuels. CEO kept spending money on Aust Supercars sponsorship and didn't have the money.Kept buying small fuel companies which were over valued
Burnt company money thinking it was his.
Went bust.
Maybe if Bruce had disclosed an off take partner or finance details which I'm sure are all in concrete, different story.
Then the sp would reflect the true worth of ASN. As it is now, no information except we are spending more time and money on GR,
before we have made a cent or have incoming partners, off takers or financiers to assist.
It's very easy spending money, just try making it !

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whole heartedly agree with making money and spending it the justification I have for what he's done here is to secure a future with a clear plan with not much extra cost. however if he does I'll vote to strike as to go any further i fully agree with you but that's not happened yet. not much times been spent on gr vs benefits imo

ASN Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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whole heartedly agree with making money and spending it the...

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