Goldplat Share Discussion Threads

[sea7] 15/9/2017 10:44

miller, it has not been to court yet, therefore it is not an appeal. They have, in accordance with south African law, exhausted the arbitration process, which is a required first step. This ensures that all points which can be agreed upon are done so at this stage.

Once that stage has been completed, any points which are still outstanding and where agreement has not been reached, can be submitted to court via an application.

Goldplat has submitted that application, as per the recent rns.


..............

You cannot post up your source as it does not exist. You have made that up as usual. This has been demonstrated by your total lack of understanding of the process involved in cases such as these, in jurisdictions such as south Africa.

Grow a pair miller and accept the fact that you lost on this stock because of your egotistic ramping.

[russman] 15/9/2017 10:01

With GDPs track record, it would be difficult to raise any equity for a new mine.
Only if the present management depart.

[1rodson] 15/9/2017 09:06

Sources close to Rand claim that GOLDPLAT are ludicrous in taking this case and appeal to the courts as they may have no chance.

Can't say too much now as it could prejudicial.

[1rodson] 14/9/2017 22:32

I follow most posters here as everyone has a point of view. RUSSMAN is a.ways straight to the point short sharp and effective while that clown S7 seems to relish embellishing his embellishments and then adding a coat of gloss.

Pity him as he thinks he is being smart.

[1rodson] 14/9/2017 22:29

It's not a question of knowing why KILI is not profitable.

It's a question of why Mr Green keeps tell us that it is when it is not.

[russman] 14/9/2017 12:02

In RRs papers they imply GDP owe them monies.Nyieme took how long to write off 1m.

[sea7] 14/9/2017 10:39

I stopped responding to russmans posts KB, as he has demonstrated an inability, at the most basic level, to communicate with other posters in a way, other than in tweet form.

He has no ability to expand on his comments, or support, back them up or at the very least have some sort of explanation as to his viewpoint.

He simply asks other poster questions or makes statements.

If he is a genuine shareholder, then he will know why Kili was not profitable and will know why the tailings dam, hasn't gone into effect yet.

stating that the rr silver contract says it all, shows that he does not have faith in the management and therefore is a complete idiot for holding stock in something he does not believe in.

Only a fool would hold stock in a company that he continually berates, runs down and doesn't have any faith in.

[kimboy2] 14/9/2017 10:00

RR already had a cash call, and not all the shareholders participated, some just wrote the previous investment off or impaired it. It has still been losing money since then.

IMV it is just shambolically run and the mssing 2 tonnes is evidence of that. It is not rocket science and it has a virtual monopoly. I suspect the shareholders are exasperated, but won't pull the plug.

If the RR CEO got the push then I think a new man would settle with GDP to kitchen sink any legacy issues, and there are a few of them.

[shareholder7] 14/9/2017 09:53

This is the shareholders list for RRhttp://www.randrefinery.com/about_shareholding.htmHave to say their web site is poor as their rss feed does not display correctly and they mention gold plat more that any other company on it

[shareholder7] 14/9/2017 09:47

Unlikely Danger as RR is owned by all the big mines which are also GDP customers Cash call would come first as they need someone to refine their gold

[dangersimpson2] 14/9/2017 09:34

Biggest worry about RR dispute IMO is that RR go bust before paying out and GDP end up as an unsecured creditor in RR's insolvency proceedings. Maybe some cheap kit to pick up if/when RR go though.

[kimboy2] 14/9/2017 09:26

Makes me wonder why you are a shareholder, allegedly.

[russman] 14/9/2017 09:19

There is a problem with communication.
Kili was supposed to be profitable years ago.
The tailings dam was supposed to be up an running with simple processing & minimal costs.
RR silver contract says it all.

[kimboy2] 14/9/2017 00:19

Rand Refinery profits are not 'exponentially more' than GDP. RR is loss making and was technically insolvent. Several of their shareholders have written off their investment in RR.

GDP's t/o is about 40% of RR's.

There are indeed two sides to a story. The arbitrator heard them both and agreed with GDP.

RR are of course not on the front foot in terms of confidence or integrity having lost, as yet unexplained, 2 tonnes of gold a couple of years ago.

As for announcements GDP has to explain the situation as it is publicly quoted. RR doesn't as it is privately owned.

[jamiewaldron] 13/9/2017 23:27

#Goldplat vs RandRefinery:Did anyone every wonder why payment was never made by a giant such as RandRefinery? Their profits are exponentially more than their accuser.And why they are silently not responding to these accusations, not making loose accusations / statements with no substantive reasons about their engagements to date.Bold move by Goldplat to take them on publicly.Attack=best form of defense.There are 2 sides to a story...nothing is mentioned about the amount which in all probability surpasses the outstanding payable money "unaccounted" for Au & Ag "lost" by Goldplat hence not being paid by the giant on this project.Indeed very bold move.Sleeping giant has just been awaken.Reminds me of an old World War event...

[1rodson] 13/9/2017 19:22

Buyers beware there is safer money else where.

And if the Rand thing does not find favour you may not be able to find any GOLDPLAT?

[1rodson] 13/9/2017 19:21

False accounting and inflating profits are what GOLDPLAT does or have you forgotten.

The market has not forgotten which is why GOLDPLAT remains flat and out of favour no matter how much spin the rampers put on it.

And that is without mentioning some pretty good news flow which obviously the market does not take seriously.

[wigwammer] 13/9/2017 16:13

"I am a shareholder."Lol.Not gold panning with dan today then?I truly hope nobody acted on your posts and sold around the 2p level.

[kimboy2] 13/9/2017 14:14

The FD can't kitchen sink it. That would be false accounting and artificially inflating profits in the future.

[russman] 13/9/2017 13:36

New FD should kitchen sink it.Wipe the slate clean.

[sea7] 13/9/2017 09:37

no you didn't miller, you were buying at 16.5p, 15.75p and made stonking losses and have been crying about it ever since. Now you are trying to be someone else. The sad thing is that you continually reference miller in all your posts, which can only mean one of two things, you either have a sad and unhealthy obsession with another poster, or you are one in the same person. I know it is the latter, so I and everyone else on here cannot see why you persist with such stupidity. It is a waste of time. All you are succeeding in doing is ruining another name.

oh well, its your time, you waste it on such pointless activities if you wish, we do not care.