Gold on Hand Worth MORE than Mkt Cap!, page-25

Esh,

Thanks for the detailed reply! I appreciate the time.

A few thoughts: in no way do I think that my conspiracy theory is something that could possibly happen in real life, and as a new holder (compared to the sub-$1 sp days) I wasn't aware these thoughts had been threshed out before. My point is simply that the cross-holdings and general corporate direction of the company seem irregular compared to your average quarter-billion dollar ASX company; and so to me the answer to "what's the catch" is liquidity + weirdness, not just liquidity.

I think the complete lack of promotion of the incredible position the company is in is weird. I think the obtuse annual reports with nuggets of information gold (no pun intended) buried deep within them that you and worzel have to go searching for are weird. I think the option on the iron ore asset is weird. I think holding the AGMs in Kalgoorlie when the registered office and principal place of business is in South Perth is weird. I think the crossholdings are very weird.

For all of the reasons you've stated and more, the conspiracy theory is just that - tinfoil hat suppositions that are unlikely to occur. This is real life, not House of Cards. However given it seems I didn't make that clear enough in my original posting, I'm gonna self-report it and have the HC mods remove it so noone mistakenly thinks it's anything but baseless theorizing. But again, to me the answer to "what's the catch" is liquidity + weirdness, not just liquidity; therefore given my risk profile I'll be cashing out half my position once my 12mo CGT window closes "just in case". I sincerely hope ten years from now I'll be kicking myself when the company is trading at $50/share.