BSR bassari resources limited

IMO we will not see any sanity return to this stock until the...

  1. 868 Posts.
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    IMO we will not see any sanity return to this stock until the expiry date of the shortfall has expired.
    If there was ever a lesson to be leant from this.( how NOT to go about raising money for the company)

    Let me be clear with what I mean by that.
    IMO we are seeing shareholders in a personal battle competing for the shortfall under the guise of raising funds for the company .
    Inexperienced shareholders IMO.
    IMO there are multiple sell orders by the same people.
    IMO the sell volumes are ridiculously high at multiple levels.
    IMO There is going to be no winner out of this.
    CRAZY CRAZY STUFF TOO MANY COMPETING.
    IMO even if there was a announcement now the price would go NOWHERE." It would be dead in the water" just like the time before when there was a large "block" seller of 10 million shares in the market & when the very good announcement came announcing excellent assay results. "The very good news was already as a result a dead duck."

    If you get the impression that I am "pissed off" you would be correct.

    BRING ON THE EXPIRY DATE !!! & a end to this farce.

    IMO this is NOT the fault of the company IMO IT RESTS SOLELY AT THE FOOT OF THE LARGE SHAREHOLDERS IN THE SELLING SCREEN.

    I ASK YOU ALL " who IN THEIR RIGHT MIND would buy ATM .

    For the record I am STILL very much upbeat for the company & see a very bright future ahead.
    This has not changed along with my support for the management.
    Progress has continued to be made I hear in particular with finalisation of mine design & bank .

    Progress in Africa happens at their pace .

    Bring on the expiry date & hopefully the finance announcement IMO comes AFTER the expiry date.
    This sure has been a frustrating journey.

    Cheers
    ps I have alter my sentiment from buy to hold purely because of the selling volume showing.
 
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