CFE 0.00% 0.2¢ cape lambert resources limited

European Lithium, page-72

  1. 343 Posts.
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    Looks like sound information. Unfortunately in this case I did dig deeper and found pretty much every claim to be true, yes they got to me & yes I pulled the pin, but if I truly believed CFE doing the right thing by the shareholders I would have stayed, on top of that I hit my limit for how much willing to lose on it while waiting for delayed news/announcements, I don't much care for those that over promise and under deliver, it's just poor management to do that at all let alone repeatedly. I always tried to give my customers that little bit extra/over deliver both on time schedules and what they got for their money, kept them happy and coming back for more, just didn't seem to be the case here. I was very suspicious of the negative posters here at the start but also looked back through the older threads and found they seemed to be on the level, they all once supported CFE but had been burned, hardly the actions of a downramper. Maybe I have been played, maybe they did help to instill the sense that this wasn't going to succeed, but I followed up and tried to look at every possible scenario for CFE actions and it just smells bad to me regardless of what others had said about it.

    I have noted the buy side qtys working their way down the list, obviously waiting for cheap shares so they can make a few bucks on the next rise, but the gaps of the rises were seeming to get smaller and drop further each time. I still do believe negative posts do affect the share price, I've watched it a few times and once sentiment appears to change on a site and the downrampers start sprouting their stuff a heap of people bail and the downrampers then swoop in to buy, then others buy, up she goes a few percent, then they bail again, take some profit and do the whole thing over again, problem with poor performing companies is it seems that every time they do this the price drops further and further, and it takes a major catalyst to then recover.

    I didn't realise people actually get paid to do this though and thought their only motive was to buy and sell at a few pips themselves. I was guessing that one of the blokes (there you go, not mentioning a name) was down ramping as only had negative posts in his history but they aren't across a wide spectrum of companies, just the TS ones so then I assumed he had an axe to bare. At the end of the day the three posters I trusted did mention some very good research points and it is mostly able to be verified. Also added up some of the dealings and they are quite correct in stating that information provided seemed vague and deadlines weren't being met etc etc. I realise it probably takes a lot of time to get an offtake across the line for a resource in a place like the DRC but why set deadlines that were possibly not able to be met in the first place. I could only see one reason why which was to hype it up, push up the shre price and take the shareholders for a ride.

    I did find it weird that when I mentioned some of the stress/depression issues I have had that they were willing to listen and related to my problems to possibly win me over and gain my trust as part of the facade, but hey, it would be pretty rude of me to suggest that if they were actually sincere in their comments. At the end of the day I'm pretty confident these guys are on the level. Maybe kiwis job is to pull the price down to get a low entry point, I think he mentioned somewhere that it may be good for a few trades here and there, or something to that affect, maybe it wasn't kiwi, may have been one of the other posters on here, cant quite remember exactly and not to bothered to look back through it all.

    Also at one stage I had the feeling these guys all knew each other. Maybe I have been had, but maybe in this instance Stash and Raven were on the level and are just decent blokes on a mission to try to keep TS honest or to warn others. I know I would, I do actually care about people, I've been through enough to know that is what makes the difference between a good human being and a dirtbag, the impact a little kindness can have on both peoples lives can be profound, realising at lot of people don't give a crap about others as long as they are winning, survival of the fittest. I really believe a person can get ahead on their own merits without screwing over others, there are plenty of good reputable companies out there where a good dollar can be made, then even those have their prices played by the big boys, which I imagine is why kiwi told me to learn charts to beat the sophs etc at their own game, sell at the right time before they take it all.

    You'll probably be thinking I'll be eaten alive on the market, being so gullible and all and as a general rule no one makes money on the market unless someone else loses it unless the money is made through a reputable company with sustained growth and added value offering all shareholders value for money, which are what I'll be seeking to find. I am very suspicious of just about everyone, especially those that I don't at all know, and even to the point where I'm prone to huge paranoid/panic attacks and at times don't even trust my own family or close friends, such is this bitch of an illness, but at the same time being a human I do like to put my trust in people and the good of mankind, silly me (err, dumb a?rse even, maybe)....

    So hey, yes they were getting to me but as I said earlier I then followed up on their claims, yes researched it properly, I'm not a lazy person, should have put some more time into it all at the start though, and looked at some of the way deals were done and just didn't feel right, maybe the negative posters just succeeded in doing their job by changing my sentiment. I guess only time will tell in this instance, and will watch and wait to see how it pans out over here. Point taken though, I won't post any further, I haven't really been burned by TS and CFE so I don't have any real interest in slagging them off or blaming them for my small loss, it was my choice to sell at a low & I personally wouldn't want to damage the share price at anyone elses expense, so will leave it at that and I wish all holders the very best.

    Catch you all later.
 
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