AlphaCentauri
16 Feb 2015
Re: colin orr ewing I would treat any company he is involved with with great suspicion!
milliecusto
16 Feb 2015
colin orr ewing Does it ring any alarm bells....looking to by into bcn and i see he is on the board..?
Portia123
16 Feb 2015
Re: Those holding must hope Thanks for the response Alpha, may as well keep hold of them. Still can't understand why I never saw the warning signs but live and learn, an expensive one in this case although you just never know eh....Sorry to hear about the Lotus but it would have given you years of trouble and expense, believe me I know, just like my TVR did.GL
AlphaCentauri
11 Feb 2015
Re: Those holding must hope Portia, first it depends on whether or not you need a tax loss to offset against profits on other shares sold. I am of the view that as things could not be much worse, sit on them and you never know what might happen. At worst it is still a 100% loss if you ever need it.I have only lost £2k which is still irritating but I still hurt from a loss over 40 years ago. An Australian mine was due to provide me with a new Lotus Elan after the Xmas holidays, I did not take out an option and they went in to Administration. I did however get my £100 stake back five years later.
Portia123
11 Feb 2015
Re: Those holding must hope I held around £17000 at one stage, I'm assuming now worthless, any advice?Go easy please as it still hurts.Cheers.
onedb1
03 Feb 2015
Re: Those holding must hope Well its interesting that oil dropped so much . As that would have helped back then . I suspect many small shareholders have lost all hope which is normal . But the bull case for gold is made by many . One can't sell here as HL has said that there aren't any buyers . Am not holding my breadth , I was just wondering what might be happening in Fiji with this old mine . Probably a good thing is that I can book this £2k loss and use the tax deductible to reduce the next tax bill.
AlphaCentauri
27 Jan 2015
Re: Those holding must hope I think all hope is long gone and the involvement of Asian investors is only likely to make the problem worse. An interesting comparison is MWA where the Chinese investors are a big minority but still want to run the show as their investment is currently showing a loss. Toys out of pram is an understatement in this case.
onedb1
26 Jan 2015
Those holding must hope that the price of gold goes well above 1700/1800 as backers may come back as a result . High gold is the only glimmer of hope here . With dollar so strong gold has done really well to touch $1300 , so we may get back into fashion , big may , though
AlphaCentauri
09 Dec 2014
Re: Update letter via HL today...... Thanks for the update. You just can't trust these........(censored!).
Buffett100
09 Dec 2014
Update letter via HL today...... Vatukoula Gold Mines Plc: Delisting Update What is happening? Further to my letter of 16 June 2014, Zhongrun International Mining Co Ltd have released an announcement about their proposed purchase of Vatukoula Gold Mines Shares (VGM). “The position of Zhongrun International has changed as a result of a material change in circumstances where Zhongrun International has been in talks with a potential buyer to acquire Zhongrun International. Accordingly, Zhongrun International is no longer in a position to acquire Shares held by any Shareholder of VGM in the period between 1 and 20 December 2014. “Zhongrun International intends to be in a position to make the purchases outlined in the circular but on a delayed timetable with a view to making such purchases from 1 February 2015 to 15 February 2015.” (Source: Company announcement, 3 December 2014)There is no guarantee that Zhongrun will be able to complete the acquisition of the Shares. We will write to you again closer to the time if there are further announcements.Other information and warningsThere remains an off-market trading facility on a matched bargain basis through the Company's broker, WH Ireland. However, WH Ireland have stated that there are currently no buyers of the Shares.The Delisting Circular is available from Hargreaves Lansdown upon request or on the Company’s website; [link] Should you have any queries relating to the Delisting please contact us on 0117 980 9912. If you would like to set up new products, or transfer other assets you hold to Hargreaves Lansdown please go to www.hl.co.uk or call our Investment Helpdesk on 0117 900 9000.Yours sincerelyJustin EdwardsJustin Edwards - HL Stockbrokers
AlphaCentauri
02 Dec 2014
Re: Any News? Taking a wait and see approach, probably until 2025. The ADVFN boards might have some info.
yorkiehogger
02 Dec 2014
Any News? Does anybody have any details of the matched trading facility? I can't seem to find anything.RegardsYH
