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31/12/15

18:21

Post #: 16710669
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Originally posted by rwa ↑

There's nothing too the buying depth anymore because it is so tightly held by the big boys the small mum and dad investors dont really matter anymore. So tell me how will the Chinese will destroy the share price and get it for nothing?? When my friend was meeting with the main Harlequin guy the other day on an unrelated mining issue he said when the got talking about ELM he didnt have one thought on Dinghi. They are executing there plan and they are focused on production thats why they've invested 33 mill of there own money. ELM is currently going through the SUMMIT (a proven capital company) with experience in this type of thing. SUMMIT has a proven track record of success and wouldnt be wanting to get in with 44 mill if they didnt have a plan or the ability to raise the final capital. What has all of that got to do with Dinghi?? The same guy that was in that meeting the other day (and this is just gossip dont get me wrong) said dinghi elluded to harlequin some months ago that they would be interested to come back in again at the 40c mark. they where told not interested!!

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Rwa,
I've seen the Chinese, destroy a number of companies a couple I have been involved in. In the end I ended with up with nothing.
Every time they turn up somewhere, they have a price on their head and they will get it by hook or buy crook.
If they don't get what they want, they generally walk away and leave a path of destruction.
They just leave a bad taste in my mouth.

K2P Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
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Dingyi rumblings, page-9

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