InvestorsHub Logo
icon url

binks

10/02/13 7:46 PM

#17841 RE: alansnowcross2 #17840

The spin off was a failure. I wouldn't count it as a positive.

You'd have been better of selling on the day it was first mentioned than holding.

icon url

Funaboard

10/02/13 8:20 PM

#17842 RE: alansnowcross2 #17840

I agree Alan

Mostly about the short and distort action

But also with :

The Vale exploration deal happened - but went no further
The BVIG S-1 spin-off happened
The Cracker Creek is in the works watching for financing
And the Ekom Eya deal happened but mining by BVIG seems to have fizzled - but maybe a deal with Noble is in the works? watching :)

Here it talks about the "NEW" project
http://www.nobleminres.com.au/live/wp-content/uploads/2013/09/12092013-Market-Update.pdf

It could be nothing, but would explain the day to day short and distort action we all see here.
icon url

scubastevemd

10/03/13 11:49 AM

#17844 RE: alansnowcross2 #17840

Vale had an option on the KATX parcels and paid some on the option, but it expired. Thing is that was never announced as it would have killed the illusion that Vale would buy out Katx for Millions or a Billion if you believed the BS.

Spin off did happen, but shareholders were lied to and it was delayed for a long period and shareholders were diluted and the shares are basically worthless.

Cracker Creek- BVIG has no funds so not sure how the deal closes, but again another illusion to sell shares that will fail.

Ekom Eya- another illusion deal that was done to pump the stock that will also expire worthless.

As you can see the whole truth is needed without spin. The stock price tells the story as few but the weak of mind believe this BS anymore.