The Future, page-29

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JamesExpat2

682 Posts.

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31/01/19

11:43

Post #: 37278681
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Originally posted by HotRods65 ↑

Originally posted by JamesExpat2
I also continue to hold however.......
To be honest however I'm very very disappointed with JP's decisions and performance to date.Nothing personal but executives are paid well enough for results.
With the stellar rise in the gold price I fail to understand why our SP is not ~ 20c
at minimum.Some real gold experts probably do know what's missing with IRC !
The Richmond vanadium project held initial great excitement but that 's gone flat.
I did my own layman's research so no excuses. I do feel JP is overrated given his
earlier YouTube spruiking on the 1m oz target and the vanadium.
Why are such poor performers picked for JV partners ?
Former Phoenix Gold holders may possibly agree with these sentiments.
Crom Valens IMO was a good contributor on this forum-he's already
expressed his negative views on IRC and no longer posts-pity as IMO he was
very relevant.
Apologies fellow s/holders for this downbeat post but I'm still hanging in there.
You are being pretty harsh on him imo. Factors like egs and the spec end of the market dead for most of the last year are beyond his control.
Though part of the issue was raising $$ from egs in the first place though I don't think all the blame should fall on him for that.
As MD's go I still believe JP is a good one who is working in the best interests of shareholders unlike so many out there.
Yes, they haven't found a monster deposit yet but they've had a pretty good go at it with some outstanding results. I really can't fault how they have gone about their exploration programs.
But if that is how you feel sell and move on. Plenty of stocks out there.

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His integrity is not in question-just expressing pragmatism.
I respect differing views to my own.
When or if the SP reaches my break even price then I do intend selling down the
bulk of my holding just as ST78 did.
Unfortunately I'm still well short of that position.

IRC Price at posting: 13.0¢ Sentiment: None Disclosure: Held
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The Future, page-29

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Sales growth pushes Lovisa's fortunes (and shares) upwards

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