@Potstock88
I guess people never get an opportunity to change if others don't let them know what is wrong with their behaviour.
I find your posts far too emotional.
If recall correctly it was you blathering on about "projecting". Yes?
I might argue that it is you who is projecting your
anxiety onto those who disagree with your views. Still, I would be as equally anxious had I taken a position in this time in this company. However, it wouldn't assist a purposeful debate.
Firstly, who exactly is hoping you will fail - certainly not me. In fact I have concluded nearly all of my posts with GLTAH. I haven't read anything that promotes the financial ruin of any holder. However, if you have some evidence then feel free to post and we can all see if your claims can be supported.
Whilst you question the motives of others (which is ultimately pointless) I wonder why you do not put the equal amount of energy into dealing with some of the issues that have been raised?
@1nfy
Well you had a go at addressing the issues and you did it without name calling - thank you.
However, I think you might need to decide whether you are a QBL shareholder or Volcan . If I have read your post correctly you seem to be accepting that Volcan can acquire an asset of QBL and you are finding reasons as to why that is a good thing for QBL and then you are arguing it is ok for them not to pay for it - surely not?
And there also seems to be a hint of Volcan did QBL a favour by saving them depreciation?? Honestly, you lost me there. Fact - you owned that asset (ML1492) as a QBL holder and you say it's ok that your directors gave it away (to another company that they are directors of) and they have not pursued payment. I can say 'gave it away' because to date there has been no consideration given for that asset.
"
As to the question of why Volcan doesn't simply sell up QBL shares to repay the loan? It's an interest-free loan so they have no hurry to do so. I'm happy they haven't because it could mean, in my view, they view the QBL share price to be increasing in time and would not want to sell out early as it would not be in the best interest for Volcan. And as a QBL SH that sits well with me."
It's an interest free loan??? I fail to see how it could be called a loan! Is there a contract between QBL and Volcan setting out the terms and conditions of the transference of ML1492 to Volcan? I would like to see that document.
Actually, as it stands it is a totally free loan -
a gift indeed - and you are happy about it? And you say that that is a good thing for QBL holders? I wish I could acquire assets on similar terms. Imagine a BHP Director offloading a BHP mining tenement / asset to another company that he / she is a Director of - and you are ok with this?
GLTAH
