Spring Time for the SP Like the first robins appearing after a winter, the postamercials are starting. Look for many more super positive posts and more posters to join the flock. The big birds will be gathering around the pump to fatten themselves on the little birds food... I expect many of the old gang to start reappearing to tell us the wonder of this stock, and that we who disagree are just poorly informed little birds, who know nothing.
Murray, with all due respect, you have chosen to carefully misinterpret my posts. With regard to Roche Bay plc. I am quite aware of the agreements..But nothing is happening, and nothing will happen until they are gone...Its that simple. And you can spin it that I am the most misinformed person on this board, but the fact is you are failing to look at posters who said last year the $20 million was all but in the bank... It was not there then, and it is not there now..And XXP does not have the $20 million to fund them..They have to first issue and have a debenture subscribed and filled, and then they can fund AXI, should they wish to, by subscribing to a debenture for AXI...And that is after they get all the approvals.
I do hope that all those who are considering buying into this wonderful opportunity right now, will take an h.our or so and read all the posts from say Oct 2010 when the stock was pretty much where it is now, and look at what the present posters advised and predicted....I think they will get the idea of credability from that exercise. With regard to the cost of drilling and exploration, I think they will see Gag got it much closer.But then again, last year, some of our favorite experts were posting much the same as you are now with regard to the costs of the 2011 program..Which was reduced because the money they claimed was there was not, in fact there, and because the driliing costs they were quoting were,....to be nice..Wrong.
It is still all smoke and mirrors at this stage. Oh,,,,and promotion.....
Oh, and beneficial ownership, is such a nice term..So much better than ownership...Lets a company make a sort of , its pretty much a done deal impression, without having to mention little details like not being able to come up with the money to actually transfer the claims. But maybe with the magic of making a statement based on , what 20% FE as a base line, that is just a great idea. Why do you not mention that little fact, that they have reduced the base line to inflate the inferred resources?
Unless the big birds pump this stock, we have not seen the bottom yet. Counting your chickens before they are hatched is never a good idea,
BTW. I have pretty thick skin, when it comes to being told I am misinformed and wrong by those who past history here have demostrated that they are both misinformed and wrong...Only takes a bit of reading to determine who was and was not wrong or misinformed. Or maybe I just missed a decimal place and the stock is relly at 2.40 instead of .24.....
Best of luck to all .
As to your comments about drilling costs..I think Gag got it much closer to correct. I hope some of the potential investors here will do some DD. They will find out who istrying to blow smoke up their portfolios.