We all done here with the scoping study pump...?
16mil dumped today @1c so the dump is most def on....
Well done to those that pumped & dumped onto the now holders of absolute ****.
Be careful of people appearing & discussing only 1 share without engaging in the forum as a whole especially when a game changer event is on the horizon for said 1 share.
Buyers disappeared along with the pumpers.....
I do believe that your advice is generally valuable, but not relevant if aimed at this thread.
I also assume you are referring to me wrt "appearing & discussing only 1 share" as I am the one that started this, shared the "opportunity" information and am not involved in many other shares.
Pump and dump refers to someone generally buying shares cheap, creating hype to raise share price, selling when it's high and getting out.
I truly believed in the opportunity with this share, and the asset is indeed still there although incredibly poorly managed.
When I started the thread I bought 7million shares at 3cent, i.e. R210k and believed this to be great opportunity.
I decided to share my views and the information available on here.
I did specifically mention in my original post, in bold and underlined, that it is high risk.
In a subsequent post I also included a caveat that I'm a newbie, previously also believed in Steinhoff and everyone should do their own research.
I sold nothing.
Subsequently due to poor management of this asset, share price fell to now 1cent.
I've sold 3million at 1cent and made a loss of R60k, holding on to 4million hoping for a purchase offer on the mine, or JV to get to mining.
Hence if referring to my posts in your comment it's not relevant as I provided many caveats, have been badly burned on this and did not dump at all.
This thread actually had nothing to do with pump and dump as price has only fallen since starting this.
The biggest "pumper" of this share was Laurence Read on his podcasts and with his "slingshot" promises, which ended up being BS...
But then again show me a possible 10bagger with low risk, not very likely.