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2.5¢ st george mining limited

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13,592 Posts.

295

12/12/17

11:24

Post #: 29561951
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Originally posted by Paperbark ↑

I trust for the sake of shareholders, we are not looking at a repeat of 1970. I have no reason to believe so, but memories still linger, sadly.

http://www.smh.com.au/comment/obitu...n-poseidon-paid-dividends-20131002-2usmc.html

"Norm Shierlaw's greatest role was as chairman of Poseidon No Liability when it became the most spectacular boom stock in Australia's history, soaring from $1 a share in September 1969 to $280 in February 1970.

The October 1 statement proved wrong. The average mine grade at Windarra would be only half the 3.56 per cent nickel that had been announced and Burrill had no basis for announcing the grade."

In the case of SRG, are "Spot XRF Portable" analyses accurate enough on which to base a significant quantitative analysis Announcement? Only time will tell.

GLTAH

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What a wonderful story!! Never sold a share for personal benefit, part-owned a brewery (one of the best) and traded shares day and night!! Brings tears to the eyes and a smile to the face - a real frontiers man, the wild west was truly alve!!

A truly great man, IMO!!

SGQ Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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