Iofina Share Discussion Threads

[woodpeckers] 03/3/2014 18:14

Lucky seven!

Warren Buffett: Last Thing You'd Want to Do Is Hold Money in Times of War - CNBC
Monday 3 March 2014


Berkshire Hathaway chairman and CEO Warren Buffett on Monday when asked about what's happening in the Ukraine said that the "last thing you'd want to do is hold money during a war."

"I will still be buying stock," he said on CNBC. "The one thing you could be quite sure of is if we went into a major war, the value of money will go down. That's happened in virtually every war that I'm aware of," he said.

"During World War II, you know, the stock market advanced."

"American businesses are going to be worth more money," he said. "You're going to be a lot better off owning productive assets over the next 50 years than you will be owning pieces of paper, or I might throw in Bitcoins."



Sound like any company you know...?

[bazzerp] 03/3/2014 17:26

jasp2 - thanks for the heads-up regardless. I guess in Africa almost any development is welcome.Unemployment amongst the unskilled/untrained here in Cape Town is at 40% or more.

[bazzerp] 03/3/2014 17:07

Don't think I would want to invest in a palm oil mill.

[rogerbridge] 03/3/2014 17:04

Three of us.

[bobsworth] 03/3/2014 16:35

tackems that makes two of us taking advantage of these low prices!
Goodluck

[tackems] 03/3/2014 16:27

Maybe general market sentiment Bobsworth. If the share price stays at around this level for the next 6 weeks or so I'll be able to tuck a even more of these little beauties into a new ISA - or is that wishful thinking?

[bobsworth] 03/3/2014 16:15

Anyone got and update onto today's trades to see if they merit today's fall back on Fridays good news? Looks like they are still trying to shake the tree again! I wonder why!

[croc8] 03/3/2014 16:13

So we have markets tumbling due to a threat of war in the Ukraine, and you have predicted a share price falling. Bloody hell Shoddy, you are a genius. Keep patting yourself on the back for your incredible insight. Idiot.

[shonny] 03/3/2014 16:08

Shonny get's it right once again. Getting boring this. Sixties beckoning by Friday I reckon.

[rogerbridge] 03/3/2014 15:39

Very interesting.

[noli] 03/3/2014 15:01

In February 2012, Brainstorm Energy entered into a strategic partnership with Weil Group Resources to produce helium from the Devonian Souris River and Ordovician Red River formations. We have drilled our first well and production tests revealed commercial quantities of helium and nitrogen. We are set to drill a second well in early 2014, followed by construction of a helium processing facility.

[johncsimpson] 03/3/2014 14:07

Think you may have nailed it there bocker, unless he's a self–effacing philanthropist worried about us PIs – that'll give him something to do some diligent research on.

[bocker01] 03/3/2014 12:46

From his early days posting, when he appeared around the time Ennismore commenced shorting, originally attempting to present himself as an impartial and reasoned potential purchaser of IOF stock, Macca has certainly developed his personality. His posting on this company is now frenetic and relentless as he obsessively and tirelessly puts forward negatives based on the twisting of time consuming research. With all this work and probable sleep deprivation, he must be approaching exhaustion. Yet he has, apparently. no financial interest in the company.

[bogg1e] 03/3/2014 12:14

johnc, cheers. I always wondered what the names of the two old muppet geezers were.

[shonny] 03/3/2014 12:07

Shonny has got it right more often than the ramping crew throughout the ongoing crash so stick that in your pipes and smoke it.

[johncsimpson] 03/3/2014 11:36

I know Uriney. I know; it's like Statler and Waldorf . . .

[uriney] 03/3/2014 11:24

John,

Maca is a Ennismore minion, nothing more, Shonny on the other hand is just a twonk who has no idea what is going on, lol

Uriney

[johncsimpson] 03/3/2014 10:46

Does the truth hurt? Make a comment you sad git. Don't just vote it down.

[superg1] 03/3/2014 09:39

The balcony are hoping for something down the road to exit on, nothing to do with whether a water permit is given or not, and it's something I don't think will happen in the manner they hope for.

It's just organised bashing that goes on all the time by the same faces on many shares.

Tunnel vision and blinkers however are not the best approach.

Time will tell. :-)

Probably the risk of the permit being awarded has them twitching, as quite a few have positions on these low prices and permit awarded would not be welcome.

Ideally I suspect they would have liked to have seen 85/90p post 104/5 announced to get some more short, but it hasn't happened.

Fresh just responding to PI posts, no idea what they say or interested. I do my own research, but share it a lot less, and I'm very happy with prospects.

It's amazing what can be found on the web.

[johncsimpson] 03/3/2014 09:36

Sound advice freshvoice but he's like those meerkat ads - you just don't want to miss one.

[freshvoice] 03/3/2014 09:27

I have Shonny on filter unless I feel like a laugh.
Why don't you all do the same?