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"but prefer to invest on more then(sic) Hype" Really?

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R.C.

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10/03/18

22:44

Post #: 31666411
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Originally posted by vcr999 ↑

It 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. CHEERShttps://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4w20zBDxv%2FR37rFiGug%3D

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"but prefer to invest on more then(sic) Hype"
Really?

Last edited by R.C.: 10/03/18

SEI Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
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"but prefer to invest on more then(sic) Hype" Really?

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