Honestly I don't know where to begin. OR whether to even bother, but heck there's still 90 minutes before market opens so why not. I'll do it point by point.
But before I do that, disclousre to anyone that has commenced reading this...there is absolutely nothing useful here in regards to AL8 I'm afraid, so you might want to stop wasting your time.
1. Credibility? On what?
That's your POV. Some others (not many I'm sure, not that I care) have the opinion that I am somewhat credible.
I'm not perfect, my signature shows that pretty clearly given some of the performances of stocks I hold. I don't pretend to be.
2. I think that I read that you were scaled back on your IPO application but later said that you held 1m shares. That's a nice holding to have. I can only wonder if you applied for a lot more than 1m or have bought on the market - or both maybe. Anyway, that sort of HC talk is not my scene, but seeing that you raised the matters, I'm curious, so please tell if you care to.
I'm probably not the only person reading that that is not actually sure what you're asking (where did I "raise matters"?), but here is full disclosure about my holdings and what I've done since IPO.
I applied for $500k at the IPO. I got scaled back to $200k. Meaning I received 1m. Since IPO I have bought 176k shares (the highest price I've paid I think was 1.22) so current holding is 1.176M across three accounts.
Did I answer whatever you were asking, I have no idea.
3. After reading the collective rejection and even ridiculing of Fiendish's reasonable posts,
I personally did not ridicule Fiendish's post from what I can see. All I did was question his comment that:
"There is no world class porphyry targets..."
That's just a silly statement. My response was:
"If there were no targets, no deposits would ever be found. Targets are what you drill, this is a BIG target."
No ridicule at all...just facts. He didn't bother responding.
4. I did not expect a welcoming reception with my post. Someone outside the rah rah gang needs to question things though, so here I am.
You have not actually questioned anything in your first post? All you said is you 'read some stuff' (ie the ind geo report and something about systems being joined by porphyry) to try and justify current SP. So, what are your questions???
5. Outsiders looking at buying must read the geo's report in the Prospectus before going any further, and not just rely on the ultra hype that is posted here on regular basis.
What amazing insight!
And to anyone who did indeed continue reading this post depsite the initial warning, sorry for wasting your time with absolutely nothing useful.
Cdchi1
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