Ann: Tietto Increases Gold Production to 11,600 Ounces in July, page-72

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ralphmouth

676 Posts.

257

18/08/23

10:37

Post #: 69413224
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Originally posted by Battersea: ↑

This is a great company – an exploring company turned developer turned producer – how many companies can we say that about – 1%?

Matt Wilcox is a relatively wealthy man with a lovely house in Perth and he's not doing this because he can't think of anything else to do – with his track record and background, we are indeed blessed.

The hire of the new COO hire is outstanding as well and hopefully relieves Matt of a lot of the minutiae.

Everything is in place except shareholders with balls, who see the opportunity and step up and buy a zillion shares, blow the shorts out of the water and rerate the company.

Where are those people? Nowhere!

Everybody wants to buy at the top and sell at the low – what's new, compadres ?!

The most pathetic investment group in the market are so-called hedge funds who just want to do gizmo investing – short the common, buy the preferred, option straddles, butterfly spreads, sell the bonds, write calls on the bonds – pant pant, see if you can take two or three cents out of the market -all just bullshit, which is why 95% of them don't work out

But there are bright people out there - admittedly not many - this stock just has to find one - or more.

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I’m having trouble trying to work out why someone has shorted this stock by 50m shares. Its not as though they are going to have a share issue or are they?

They have cash and I don’t think they are in the market for a takeover.

Anyone with any ideas?

DYOR

GLTA

TIE Price at posting: 49.8¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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