Amerisur Resources Share Discussion Threads

[westmoreland lad] 14/2/2018 10:17

Hello Fatgreek ! Hope all is well with you ?

[underhill2] 14/2/2018 10:13

Thanks for that. Im also in my mid 60,s. Just hoping I will be around long enough to see the potential here. I had a lot of banter with Valentine a few years back. It shows you that life is short and needs to be enjoyed whilst you can. You never know whats around the corner. Only a week ago I had my gall bladder removed and now recovering.

[fatgreek] 14/2/2018 10:10

Just a quick hello all and yes happy Valentine's Day Brian I do miss you on this board.....

[quidnunc] 14/2/2018 09:53

Yufff, yes Brian is sadly missed both in terms of research contribution and craic.

In terms of Amer, that might be a Double bottom forming. It looks better on the candles than the line but.........don't hold your breath because Rex is holding the cards and the market is not strong enough to outplay him on current volume averages.
Q.

PS Underhill, Mid to late sixties I believe.

[underhill2] 14/2/2018 09:47

Very sad news. Does anyone know how old Valentine was ?

[eddie_yates] 14/2/2018 08:28

Yufff
I believe it was a sudden heart attack
Agreed it's a sad loss.
Happy Valentines day Brian

[trotting12] 14/2/2018 07:49

Tsmith2,,how is it hurting paid up holders??as long as the share price is higher when you sell than when you bought ,what happens in between times is irrelivent ,,,, Rex needs tens if not hundreds of millions to refinance mintail ,and unfortunately he is selling here to help raise funds ,,,,he will run out of shares eventually ,and as foiled again says there will be plenty of buyers waiting to pounce ,,

[yufff] 14/2/2018 07:10

Good lord Eddie I had no idea.

Was he ill or an accident?

I met him many times and really enjoyed his company.

Over 26,000 posts many humourous and upbeat .

A sad loss.

[eddie_yates] 14/2/2018 04:02

Yufff
Unfortunately Valentine passed away last year.
Ironic enough that you're finding out on today of all days!!

[yufff] 13/2/2018 23:06

Acv

Where is Valentine these days?

Not keeping up to date on Amer these days but noticed no posts from him.
Unusual.

[acv74] 13/2/2018 20:19

Fair enough trotting, it's important to look after the long term future but I'd also like to see some focus on the short term as well. If we're paying for city expertise, let's see it reflected in the share price, which is the main tangible way they can be judged.I'll be going to the AGM this year, my first one since 2006. Valentine will be looking down chuckling that we are still very much jam tomorrow after all these years.

[tonyrelaxes] 13/2/2018 19:35

Following the theory RH's wish is to discredit our BoD (or one of them) there is the possibility some of his 'drip-drip' sales were being bought up and held elsewhere for his benefit - to also be 'drip-drip' sold when his original holding has gone.

Thereby prolonging the misery far longer.

[farview1] 13/2/2018 17:57

FA - I think that you've alluded to this for a while and it makes good sense, thank you.I'm puzzled as to why AS & DC don't tuck a decent sized tranche away if the price is so cheap particularly as one is an oil expert and the other an experienced deal maker both privy to inside info. Any thoughts ?

[tsmith2] 13/2/2018 17:02

so it doesn't hurt those of us with paid up shares too?I think you post is logically woefully flawed.On what basis do the directors know it will resolve itself in due course? There are 100s of other reasons in the meantime that could then result in a low share price..?

[trotting12] 13/2/2018 16:55

The directors know it will resolve its self in time ,their not looking to raise funds ,so the share price has no effect on the company ,the only people getting hurt are those on leverage ,,,and statistics say those on leverage will go broke eventually ,as well I know !!,,,buy for cash and relax

[acv74] 13/2/2018 16:54

We pay board members and our advisors handsomely to manage things like disgruntled shareholders and share overhangs, for the general good of the equity holders.They had no trouble getting the last placing away at 26p, why can they not clear this overhang at 16.5p when all things operational have moved forward and all seems rosy?If our city professional Alex snow or our celebrity chairman cannot deal with this then exactly what purpose do they have??

[tsmith2] 13/2/2018 16:37

Because its evidently weighing on the share price...it's a massive overhang and the directors are doing sweet FA to resolve it..

[dodge meister] 13/2/2018 16:32

Keep saying it, but the market just needs to see the cash flowing.

[underhill2] 13/2/2018 15:46

Why is everybody so concerned about what Rex is doing. The fundamentals here are excellent. Hopefully by the end of the year the share price will fully more reflect the fundamentals.

[trotting12] 13/2/2018 15:40

Bryet,,,he has to pay for the refinancing of mintail and yes he and the bod are not on good terms ,,personally I think this on going situation is giving me the chance to build up a nice holding at a big discount to true value ,if it lasts another 6 months happy days , Range Rover sport for Christmas!!

[big7ime] 13/2/2018 15:33

He's sold over 13m since the last notification in Oct so why do they say 6.5m?

[bryet] 13/2/2018 15:30

If he still keeps dumping it could take a long time for the share price to recover the one thing it is doing is making the board unpopular with long term investers every fall makes them look weak even with good news the share price has not held our best hope is for his remaining shares to be snapped up soon I just hope he prefers getting some of his money back to screwing the directors...and us!.