Pathfinder Minerals Share Discussion Threads

[stockologist] 06/11/2013 23:32

I think the General has already won

- in the court of public opinion (everyone knows not to to trust AIM managements)
- in the market (even friends of Nick Trew are dumping stock at any price they can get)

[loverat] 06/11/2013 23:18

KNIGEL

As far as I can make out it is only a few posters on here who seem to agree with the General, are spreading innuendo and think they know better than High Court judges. They obviously have as much disrespect for our judiciary and legal process as their idol. If I did not know any better I might suggest that one individual who posts on several PFP forums is someone who is helping him and has involvement with his website. The blind leading the blind I suppose.

What they do not seem to understand is that numerous judges have disagreed and if this does go through the legal process in Mozambique, the company will probably win. Today was just typical of the tactics he is playing. People who think the General has friends in high places who will support him do not realise that things do not always work out this way despite the general impression of African governments. I doubt that Mozambique, a Commonwealth nation will wish to be seen as bandit country and act against its own interests out of loyalty for some decrepit military leader who is no longer very relevant.

I did mean to do some more research on the country actually. As I say it is a member of the Commonwealth (joined 1995) and is one of a very few with no historical ties with Britain (former Portuguese colony) Interestingly Rwanda is the other country which was formally a Belgian colony which used to have strong ties to France. However the government of that country fell out with France and applied to become a Commonwealth member and replaced French with English as the official language. Seems in some of these countries, it is out with the old (the general and old alliances) and in with the new (cultural and trading relations and inward investment)

[flopinfo] 06/11/2013 23:12

Knigel as ever you speak with a twisted tongue whichever way you are positioned in a stock so don't come on here pretending to be all principled and above board. You are just a small time bottom fisher happy to play along with the criminal lying conmen on the pump and dump brigade thread.

[knigel] 06/11/2013 22:52

Shame some would rather see a Moz general take control of these assets than an UK listed company which has gone though the courts in the correct manner :-(

[zed250] 06/11/2013 22:47

all in all watch PFP nexts steps to enforce the issue, Watch this space all I can say

[worlds lrgest undies] 06/11/2013 22:14

Probably any ordinary minded individual who understands that the general has only received $100k out of the $10m he was due to be paid!

imho

far more interesting is who were the beneficial owners of the 30% odd shares received as consideration for the vend-in.

[loverat] 06/11/2013 22:01

zed250

I wonder if you read some of the quotes and observations of the English High Court Judge about the General. He was slated in court and was basically accused of having no respect for the legal process to which he had previously agreed to. I'll post some of it later because it speaks volumes for the kind of person you are dealing with.

Anyway as I said before - he displays all the classic symptoms of a vexatious litigant and believe me you do not wish to be on the recieving end of their attention. Basically he will not accept any legal outcome unless it is favourable to him and these people try all tricks and technicalities imaginable. I know all about these people through experience but on the more positive side, the court proceedings are usually quite amusing - especially when the judge eventually gets fed up and tells them to shut up. I remember one litigant I observed in the High Court had the nerve to tell the judge to stop interrupting him! These people have no respect for the legal process and therefore it is no surprise there is also no respect for shareholders or the people of Mozambique.

I just wonder what idiot is helping him with his case.

[zed250] 06/11/2013 21:38

PFP did great today by responding to this blog and giving the correct definition. it's great to see them step upto the plate and tell shareholders there here to enforce there rights legally and put it in perspective of what the general actually did:)

Great update

[loverat] 06/11/2013 21:38

zed250

Some of the posts I read on this site really do amaze me and maybe I am being a little hard on folks assuming they must be deliberately trying to mislead others. After all, who could actually believe some of the nonsense posted here is a genuinely held honest view?

What makes me wonder however is that I was talking to a friend the other day and he was commenting on how much pure nonsense is written in the press nowadays and people believe it and accept it as fact. It really is true that some people will believe absolutely anything without question, hence why I am always concerned about posters who read this stuff. Anyway whether these people are deliberately misleading others or are completely daft, nowadays I have no hesitation in pointing out inaccuracies.

[treade32] 06/11/2013 21:26

"it's nice from PFP that they released a RNS just shows the honesty and determination they have"

there goes one of em now look. muuuug

[zed250] 06/11/2013 21:17

The General is proper desperate gaining a decision falsely to make himself look big lol, he failed to get the case presented properly which shows how he is as a person. Pathfinder will enforce there rights in Mozambique with the UK High Court on there side and that is enforceable in Mozambique beyond appeal. Pathfinder are on track to legally force there way. Updates will be fast comming now as its the End of the General very soon when Pathfinder challenge this decision and push forward with legal authority!

[zed250] 06/11/2013 21:10

Pathfinder and IMM are pursuing the Legal process of which they can ENFORCE pathfinders right!

[loverat] 06/11/2013 20:00

If you want to read something really deluded perhaps I would suggest you go back and read your posts numbers 1707 and 1709.

The first reality is the context of why we are here, which judging by your selective and one dimensional posts is something I am not sure you understand. Most investors posting here invested in the company in the knowledge it was undergoing an excercise to recover assets it owns. It is a special situation and as grown ups we are aware of the risks and rewards. The share price has fallen significantly due to a major shareholder selling down his holding. Some people have taken the opportunity to buy shares in the hope they recover, which given previous movement is very likely. The way you and others talk here is if we are stupid and all thought that we were investing in Marks and Spencers. Your observations here are typical of countless other deramping posts I read every day on this site which misrepresent and distort the views of other posters and add nothing whatsover to any research, information or reasoned debate.

Your posts really are incorrect, objectionable and you seem to take great pleasure in telling people they are going to lose their money and then suggest the management should be sued.

What on earth for?

How, by any stretch of the imagination can you say what you have above? Are you saying the English Court reached the wrong conclusions and after the appeal process was exhausted?

And do you really think the hearing in Mozambique means that the General has won his case and that is the end of that and we should all sue the management? Funny because that is not the way I understood it - and so I suspect the vast majority of people who are not insane. Do you not think your posts are reckless and are just as likely to mislead others as some of the misleading ramping comments which appear here also?

Please enlighten us if you could. And this time, may I suggest you use court judgements and supporting case law rather than the front page of the website of a fruitcake.

[worlds lrgest undies] 06/11/2013 19:29

Loverat:

Is there no end to your fatuous personal comments that detract from the reality here?


desperate.......deramper.........and now "multi-handled"!!!


you've completely lost the plot or are irretrievably deluded!!!!

[loverat] 06/11/2013 18:36

I see the multi handled derampers are back and this time gloating.

Well, it is obvious to most right minded folks that the General has truly lost the plot. His MO seems to be to make numerous court applications until eventually he thinks someone will say yes to him. He participates in proceedings in London which he loses and fails to accept and is slated big style by the judge. He then makes dishonest and incomplete representations in another jurisdiction. Naturally not great news but I think it is looking increasingly likely that someone will have to intervene to bring matters to a head. Personally, having been on the receiving end of potential proceedings from a vexatious ligitant myself, I have always felt that someone would need to intervene to restrain him further. These people cause havoc in the legal system and effectively can tie folks up in hopeless litigation for years.

[mike111d] 06/11/2013 18:24

The issue is that such tactics result in further delays and in turn these cost money, he is certainly playing a cat and mouse game. Consequently for now I would rather observe this from the side lines.

[worlds lrgest undies] 06/11/2013 18:23

Loverat:

Undisputed by both sides is the simple and very basic fact that these clowns only paid $100k for a $10m asset.

You can cherry pick snippets here and there but the undeniable reality is that the asset has simply never been paid for.

all imho.

whilst talking about "full facts", perhaps mgmt may shed light on who owned the 30% odd of the vend-in consideration and has it been sold to unsuspecting new shareholders?

looking kinda stinky, dontcha think?

all imho of course!

[loverat] 06/11/2013 18:15

LOL - hilarious stuff.


Nick Trew, Chief Executive Officer, said: "It is apparent that General Veloso has obtained a judgment in proceedings in which he was effectively both claimant and defendant. Unsurprisingly, he provided no opposition to his own case and, further, failed to present the full facts to the Mozambique court.