Its ok Varuka to have a whine. Trust me I wish the company would move faster too but what can we really do? If you only know what the temperature in hebei for the longmay jv, it is literally frozen and nothing can we done. Thats life for us. Moke deal, I prefer the production testing to be done properly instead of buying an inferior project. CNY is very important for asian. Its more important than christmas, thanks giving or new year eve.
Plus I have lots of clients who are drilling clients here in perth, they buy things from china and trust me, its not as easy as buying stuff from here and the way they work over there is a bit long winded sometimes.
We invest in spec companies cos we want the 10 baggers and so on. One of my friend was telling me a story about how he bought a spec (smn) while it was 2c or less few years ago and all his friends were laughing at him at that time, pity I didnt know him then or else I would have jumped in. Check out the price of smn recently, its 1.40 and got as high as 1.98. Now whats the % on that? We are in it for the spectacular profits, not the usual 5 or 10% per year.
What sino reached for market cap wise, if we could get there and surpass it then we will all be very rich. Bit longer dood. Have faith, sometimes people say when you finally throw in the towel is when things start happen.
You know Paul well, so why dont you give him a push Varuka?
TNP Price at posting:
1.0¢ Sentiment: None Disclosure: Held
Now whats the % on that? We are in it for the spectacular profits, not the usual 5 or 10% per year.
