Griffin Mining Share Discussion Threads

[gailes5] 19/9/2018 21:03

Rose and up. If I may say I think, to use a cricketing phrase, you should cut your run ups a bit. I am no great fan of sage, although he does offer some sensible comments, and have no great regards for Neville’s sycophantic posts,but I feel both of you could be more polite in your responses.As for the lack of dividend which one of you keeps mentioning there was no chance of that when the interims showed only 1M of free cash flow.
Other points I would make regarding the future of the company. It is virtually uninvestable for an institution.The lack of cumminication is awful, the greed of the board unacceptable, the almost deceitful way the final and this year’s interims were presented again unacceptable all resulting in that no sensible investor would touch this with a barge pole. The BOD can’t be trusted. If zinc recovers strongly then of course so might the share price but with many options open to investors why pick this one?
This is not a deramp to allow me to buy at a lower level, I am out after a very long period,and until the last year,a most unrewarding experience. I will not re-enter.
To all posters please be respectful to others or you will drive away those who have worthwhile insight to offer.

[alangrifbang] 19/9/2018 20:27

Maybe it's best to agree with you,you've not a clue about my point of view,whatever I mention gets slagged off,at least I'm giving sage some peace from you,

[up just a little bit] 19/9/2018 18:03

Thanks Rose. I will continue to hold and look at both of the sides of the debate as I always have done. I will as a share holder of 14 years exorcise my rights to question strategy and decision making. After all what indeed is the point of a publically listed company. Regards

[rose_by_another_name] 19/9/2018 17:59

All the rancor on this forum arrived with the iii
refugees. Upjust has been posting here a long time,
and while veteran posters here often disagreed, the
name calling and slagging off is new. I don't mind
it myself.

[up just a little bit] 19/9/2018 17:57

So Dear Alan, Can you balance your total love of GFM with what could have been and what is possible with a dividend considered half decent PR STRATEGY AND POICLY and bearing in mind companies that like to keep suiters at arms length like to have a certain amount of debt on their books.

[up just a little bit] 19/9/2018 17:49

Alan, Add up my positive comments and post your results. I have challenged the company like many many other share holders and quite rightly referred poor reporting, poor PR, and lack of RNS's re share buy backs. You must be some kind of company stooge or lackey to turn a blind eye to all of that and continue to pat yourself on the back for a job seriously messed up.

[up just a little bit] 19/9/2018 17:36

ALAN.You have missed the numerous posts singing the praises of the BOD with regard to setting GFM up for the future. If you are of the ilk that is totally blinkered and are willing not to ever challenge a company over questionable decision making then you are a fool. Read my years of posts with information of decreasing zinz warehouse stocks. Read my posts re mine openings and future investments in Canada and Australia and then slag me off. At least I can debate both sides of the story unlike you and some others.

[rose_by_another_name] 19/9/2018 17:29

No takers? I was referring to the fact that
both invent demeaning nicknames for anyone
with whom they disagree.

[alangrifbang] 19/9/2018 16:15

Up just a little bit ,were you born a nasty person or did you have training,I bought a very cheap price years ago ,it's only ever been on paper I've never had the cash in my hand so I have gained or lost nothing,I have at last looked back on your posts and three words spring to mind NASTY AND NEGATIVE,try being nice ,it will shock us all,

[rose_by_another_name] 19/9/2018 16:07

Has anyone else noticed that Sage and Trump
have something in common? I don't mean their
mutual powerlessness to affect the economy.

[rose_by_another_name] 19/9/2018 16:01

I'm not here to help you, Sage. Some things
are not possible, others unrewarding. I'll
let you decide which applies (maybe it's both!).

Zinc price and Griffin share price currently moving
sharply in opposite directions.

[sageman] 19/9/2018 15:52

Rose, you continue to demonstrate that you are our resident clueless wombat. The share price does not react to zinc on a daily basis. It is about trends and resultant p/ e ratios. At the moment the trend is down. Essentially therefore there is no change but whilst it is currently 95% about commodity prices other factors eg sentiment, buying etc have some part to play. You mention above your ‘content’; . Please direct me to one post in the last 3 months that was any help to anyone.

[opodio] 19/9/2018 15:43

Zinc price crashing for months

[opodio] 19/9/2018 15:42

Next leg down starting

[up just a little bit] 19/9/2018 15:40

All those good old boys from the 3.5p club have watched their investment chopped up by half. Still saves the paying all that CJT......

[up just a little bit] 19/9/2018 15:20

We actually mine a significant amount of gold and silver

[rose_by_another_name] 19/9/2018 15:07

Another question might be why, with zinc
up sharply and LME stocks continuing to
plummet (lowest since April), Griffin
is flat today?

[up just a little bit] 19/9/2018 14:24

If only we actually did have a licence!

[sageman] 19/9/2018 14:09

Jr76 I have asked Roger this question in the past. He told me that as the BOD do not know what price zinc will be in the future there would be no guarantee of selling at a higher price. They concentrate on mining and just as well they do because when I spoke to Roger some months ago when zinc first started to fall his view was that the fall in zinc prices was a temporary blip..!!!!! Opodio I have high respect for charts and they have influenced my actions here. I hope that you are wrong and that we see no more than a 10-15% fall from here. We have the license and buybacks to support the share price but we really do need zinc to stabilise as gold seems to have done.

[dgellissnr] 19/9/2018 13:56

good point

[jr76] 19/9/2018 13:26

Can anyone wiser than me (not difficult!!) tell me if the price is dropping on zinc why gfm dont stock pile zinc again as there are no debts and sell it when its a more favourable price?

[opodio] 19/9/2018 13:05

Will crater soon towards 60p i feel based on chart

[rose_by_another_name] 19/9/2018 13:02

There is no struggle. I am not trying, not
even a little bit, to comment without goading
him. As for substance, I refer you to my many
previous posts, all of which have drawn invective
from a certain other poster. I expect people to
disagree with me, but regard personal attacks as
an opportunity for entertainment.

[acuere] 19/9/2018 12:39

Rose

I attempted to focus on Gfm share related chat today.

Yet despite no mention of Sage, or even him posting you struggle to comment without trying him to goad him.

Along with other posters this continued bickering has made this a terribly tiresome BB.