My god mate you are persistent, like a cockcroach.
Don't read what this guy says, honestly I think he is bi-polar and here's the proof:
These are posts from VCR999 (you'll find these posts as I have included dates), it shows that this guy ultimately is trying to manipulate punters.)
20/02/18 Once the Quarry deal is done in March our share price will skyrocket.I am very happy buying at these low prices hold 1 year and receive half my profits for free.Not much risk with SEI at these prices. I hear on the grape line Mitsubishi is not out of the picture,they have spent a lot of money and will need to buy tungsten for the next 50 years. CHEERS
06/03/18 Tungsten price up today looking very strong. TGN still holding well around 50 cents,and SEI has a far better Tungsten asset,With the Lithium and Gold as a bonus. CHEERS
10/03/18 I
t is total rubbish I mislead any shareholder on me selling my holding in SEI. When CNQ were trading around .07 -.08 cents I was the only poster supporting CNQ telling everyone to buy and got hammered for it by other posters. When I attended the AGM holding around 9,000,000 SEI shares that I had bought purely on our Tungsten asset alone and having supported the management non stop for years. Then the acting CEO announces they have written off our accumulated tungsten losses by $ 7,790.092 and that all activities at MT. Carbine had ceased I had every right to be pissed off.Then I listen how our main focus was now Lithium followed by the 2 gold projects and our only tungsten project would be the greater part of the Iron Duke prospect which lies mainly outside the lease area.
I had every right to have an exit plan. I the board had changed their focus from when I invested.
Our price went up to 4.1 cents purely on the Lithium hype news which gave me an escape path.Now lithium has taken a hit the SEI threads are full of Tungsten hype with unrealistic goals so I got fully out.Since I sold out SEI has traded as high as 3.4 cents so every one who has bought CNQ or SEI shares since 5/11/2015 has had the chance to make money.Why would our largest shareholder Landstead a top English investment firm sell 51,000,000 shares their total investment the same reason I did.The boards main focus is the Lithium brine project in Chile, this last year they have spent more on our lithium and Gold projects while our tungsten asset was written off,it makes no business sense to do this and then buy the Quarry two months later without giving any details to share holders.The only reason was so the 2.5 cent capital raising could take place at a higher price.The Quarry owner will not take any shares as part of the deal.I suggest you all read the financials in the 2017 annual report it wouldn't surprise me if they were still spending money on the Gold Drilling projects.Also our Geologist who was Living in Chile now lives in NSW so expect a lot more flight and accommodation costs.If our board would spend every cent on our tungsten project SEI would do better.Good luck to all Share holders I do hope I am wrong and the Share price rises
but I prefer to invest on more then Hype.
The best response to VCR's rant @ 10/03/18 is from @PBlonde:
Of course they wrote their tungsten asset down, the price of tungsten dropped through the floor and accounting standards dictate you must carry assets at the lower of cost and fair value. The drop in price would've meant that the market value decreased and the value in use was also peanuts because it wasn't profitable at the time. That doesn't mean that the asset is worth nothing and can't/won't be used especially now tungsten has increased in price, it just means it's floating around in their books at a lower amount or to whatever they wrote it down. The board parked that project because it wasn't profitable and sought out other ventures in the meantime, as any board would do. It is profitable now and you can clearly see that they're getting it going again but now with a Lithium project they picked up, in addition to their other gold projects as well.
Also the cost difference of having someone travel from NSW as opposed to working in Chile will be next to nothing, a drop in the ocean in the scheme of things. They'd be paying a living away from home allowance, accommodation in Chile and probably flights to return back to Aus every now and then anyway.
You had an exit strategy, you executed it and part of that was clearly pumping up sentiment before you sold. That's your prerogative but don't get salty when you get called out on it. Current holders are happy with what they have and whilst slightly bemused by your antics, are still happy to hold. Are you trying to bring sentiment back down so you can buy back in? Who knows but don't think your analysis or word is going to carry much weight here anymore.
In saying that, I wish you GL along with all holders
Also, when I called VCR999 out on his blatant manipulation he reported it as "Off-Topic".
As you can see, he pumped the stock and s
old into it, most likely bought it again after the
lithium hype, then when realized the SP was going sideways, pumped the hype about SEI's tungsten holdings, then
sold into that as well. It would explain why the price stagnated before mid weeks last ann.
Regarding the Quarry owner not taking shares of SEI, maybe that sentiment has changed. That's why the deal is taking longer to finalize. Also this tungsten deal might be much better than the last one they were in, it just took time to figure it out.
Now for me, my gut is saying if SEI was as bad as VCR999 says it is, why is it constantly being soaked and snatched up the moment someone puts a selling bid @3.0 or below?
Even a few days ago when the Sp was going downwards right at the strike of 4:00 pm a huge buy line of 1mil+ just popped up @ 2.9? They were expecting people to panic sell.
Obviously smart money is watching this.
