Oxus Gold Share Discussion Threads

[papillon] 30/11/2015 13:12

We don't know the source of RS's "very near future"; we also don't the source of his supposed "one way or another it will be all over by Christmas" comment. I presume his statements have been made in good faith, but unless he has been given that information by the arbitration panel his sources could be unreliable as they were 18 months ago. RUR were given a definite date, by the President of their UNCITRAL panel, by which their verdict would be announced and released that information in an RNS. Since OXS haven't released such an RNS we can definitely state they have not been given a definite date by their arbitration panel.

The wait goes on I'm afraid. When I first bought in early this year, following on from the termination of the EFF RNS, I did not expect to be still awaiting the verdict by now. Unfortunately that's the case and I can do nothing about it.

As a small PI I only have 3 options available to me:

a) I can continue to wait and be patient and continue to hold:
b) I can buy more OXS shares now that the share price has fallen back:
c) I can throw in the towel and sell my shares.

I'm sticking with a). I'll be patient and soldier on.

[wulber] 30/11/2015 12:51

Don't get disheartened all, news could still come any day!

[nat hart] 30/11/2015 12:48

I think you'll find it was all to be done by December not Christmas. GLA

[kun aguero1] 30/11/2015 12:48

Not certain westie, but I think no bull or another poster who attended the last AGM said that R.S. said something like, "over one way or the other by Christmas".

[papillon] 30/11/2015 12:48

News drives share prices. In the case of OXS it appears to be anticipation of news that drives the share price The comment of RS contained in the interim results RNS dated 30th September that the verdict would be announced in the "very near future" caused a spike up in the share price In the continuing absence of a verdict from the arbitration panel the OXS share price is drifting down.

This is to be expected. Firm holders of OXS (like myself) are maybe getting impatient, but are prepared to continue holding for the verdict. Unfortunately firm holders don't influence the sp; it's the "weak" holders in the absence of buyers that adversely affect the share price Weak holders, especially those who bought in the anticipation of news before the end of November, have been selling. Unfortunately there has been no further news since the 30th September to attract many buyers.

In the continuing absence of news the share price will drift until it reaches a level where the share price becomes attractive to buyers again. Where that level is I have no idea.

[tburns] 30/11/2015 12:46

where, still think we are stuck on platform 9 and 3/4's!

[currypasty] 30/11/2015 12:41

are we there yet ?

[westmoreland lad] 30/11/2015 12:35

weegeordie
30 Nov'15 - 10:59 - 29273 of 29285 2 0

As well as the "very near future" teaser, was there not a "one way or another it will be all over by Christmas" statement?
WG.

WG -- I also remember this statement but not who stated it. Can anyone confirm the origin of the statement ?

TIA

[tburns] 30/11/2015 12:23

Agreed Kun A, release of information on the arbitration result is as tight as a gnats chuff, so the drop is just the MM's taking advantage of a disallusioned PI group that the MD's assessment of timescale is nothing like everybody else's. End of, still a better buying opportunity today than a week ago if you believe in the outcome to be a positive one for Oxus. All imho

[marmar80] 30/11/2015 12:03

Bring it on

[giant steps] 30/11/2015 12:00

Thanks dave, a most useful reminder given award in dollars

[dave444] 30/11/2015 11:56

£:$ Just fell below 1:1.5 - great stuff!

[giant steps] 30/11/2015 11:54

RNS 30 NOV 2015

[giant steps] 30/11/2015 11:54

News out ...

[kcowe] 30/11/2015 11:39

Where is this it will be all over by xmas