July 2018 "I'm disheartened", page-29

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demoniaco

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28/06/18

15:35

Post #: 34013826
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Originally posted by gassed ↑

G'day demoniaco. You're right "that sounds rough".
This was not supposed to be a speculative bet by Cartair.
He , and 4,000 others, were told numerous times by the company and in numerous public presentations, that they had over $600Million, yes, $600 million, of PROVEN gold in a low cost, simple, gold discovery which was only 10% of their full lease and ready to go.
They had a processing and minting (into gold bullion) agreement in place.
Had finalized a compensation deal with the actual owners.
Only awaiting the formalities of an agreement with the Traditional Owners, who have stated that there were no impediments as far as they were concerned, followed by, what would comparatively be, a very simple Mining Licence approval. And that's where they are NOW!!

Now, what's speculative about that?

What's "rough" is how management have treated him and 4,000 other shareholders.

There is absolutely no reason why that TO agreement and ML application won't be finalized. From all logical accounts, it's a when and not an if and people are happily putting their $20,000 into this company as we speak.
Good luck Cartair, not that you need luck, just patience and a strong mentality to put up with the insults that you are getting from management.

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Sorry Gassed, I disagree.
$10M market cap makes this 100% a speculative stock, and there's no way to spin it as otherwise.

I like your positive attitude towards LNY, but considering there haven't been any announcements (aside from mandatory quarterly reports), I can't see where your positivity for LNY is actually coming from.

I wish all of you investors and traders the best of luck.

Last edited by demoniaco: 28/06/18

LNY Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
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July 2018 "I'm disheartened", page-29

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