For frustrated PIO shareholders, page-171

Quiono. You have difficulty in handling Speculator Trading. I am sorry I have to question statements you make again.

The response you address to ZZ, trolls, skeptics and fans about SP is exactly the same it was a year ago is not as bad as you make out for this and I will respond in this way.

The fact is PIO is according to my records up 5% year to date and I compare it to a handful of well known shares;-


PIO 16/6/17 Price 1.9c 16/06/18 Price 2c UP +5%
TLS '' '' '' '' $4.36 '' '' '' $2.94 Down - 33%
CBA'' '' '' '' $81.85 '' '' '' $69.88 Down -15%
NAB'' '' '' '' $29.85 '' '' '' $26.16 Down -12%


So my point is PIO as a Spec share compared to some big name shares is higher than bank interest in profit (and they are down) as it pioneers ahead to become a producer of saleable products.


Your next statement again is odd because you then say the share is exactly where it was a year ago...and any fund manager buying this stock would be laughed at?​

Well we had a top 20 listing in October 2017:- Pioneer Resources Ltd(ASXIO) - Pioneer shares are trading up 11% intra-day to $0.02. ... Private Investor, Institutional Investor, Broker, Professional Investor, Hedge-Fund Manager has a new Pioneer Resources substantial holder listed
as Nero Resource Fund Pty Ltd ( became then, number one share holder I believe.)

http://www.*.com.au/companies/news/185697/pioneer-resources-has-a-new-substantial-holder-185697.html

Mmm..


Also, those who you refer to as fans are serious traders and investors. Not exactly fans but many who have been down this track before with new miners for risk/reward. They realise the number of other companies, regulatory bodies, valuers, buyers and inside high specialists and others in this intricate mine set-up to get together, takes a great deal of work to time exactly. Some things click straight away others take a little longer as market sensitive issues. We realise this but evaluate there is a high chance of success. The share is undervalued in many experienced opinions and even allowing for misadventure of any nature in my opinion would have a good chance of coming back in the short term; and if the 90% chance comes through with validation then we can say no more! That is the reasoning of many I have to analytically speculate.


Those who really hold shares and do not support the company's efforts are not in control of their own decision making processes in my opinion and look to others to lead or blame. Share trading is multi faceted these days but at the end you have to make your own decisions. A share that has a very good chance of success always seems to have the occasional eccentric drop in fluttering to the light. Entertainment value to some I suppose, shrugged by others but boring and sometimes off-putting to others taking it very seriously.

Information will come when it comes, shortly.


Good luck all holders.