VAU - Vault Minerals

[beatle]

Jancha, I don't disagree with you, for sure RED management have got a lot to answer for with regard to reporting status at such a critical time.

I'm not aware of the timing of the first gold pour, RED has made a decision that they prefer to get the front end right before they start putting cyanide into the plant, as they want to keep the process going once they push the start button. And since materials handling issues are as much an art as a science they have to use trial and error to some degree once they think its been sorted out.

I understand they are slowly building up a ROM ore stockpile, and sampling has indicated that the gold grades are as expected, but they don't want to put it in until the process works without excessive stoppages.

Tech/a, if I listened to what the market said then any share you want to knock will go down to zero eventually, you have just as much said that about RED in comparing it to PEN. I don't follow PEN but have seen the chart of it and believe your comments don't apply whatsoever. After all, you read charts, you don't have a clue about a mining project, and for your means you don't need to know about actual activities of the company. But since you don't own any shares in RED, and have never owned any shares in RED, then I think your comments are more about trying to take advantage of the situation to stir up RED shareholders. And as I have said before, you helped me buy RED at lower prices so thanks for that!

 

[tech/a]

Tech/a, if I listened to what the market said then any share you want to knock will go down to zero eventually, you have just as much said that about RED in comparing it to PEN.

I've not compared the two stocks only the dogged insistance that all is well in the face of evidence that all is NOT WELL.

I don't follow PEN but have seen the chart of it and believe your comments don't apply whatsoever.

In the context above I disagree ----

After all, you read charts, you don't have a clue about a mining project, and for your means you don't need to. But since you don't own any shares in RED, and have never owned any shares in RED, then I think your comments are more about trying to take advantage of the situation to stir up RED shareholders. And as I have said before, you helped me buy RED at lower prices so thanks for that!

On the contrary
I believe my opinion and view is WITHOUT Bias.
If I saw an opportunity and I dont yet---you'd support my views.

(A) Buying as a share drops will one day wipe you out--or your holding at least.
(B) It could also make you very rich.

Problem is the # of (A'S) far exceeds the Number of (B'S)

The only way I know of increasing (B'S) is to join the show when the vast majority agree with you!

 

[jancha]

I think he should be considering what the market is telling him.
Not pig headedly insisting that he is the only " enlightened " investor in RED.
Both can be very costly.

The Market can also be deceptive. Eg. DOM continually dropped to below $2 before shooting back up to well over $3 before being taken over by Kingsgate.
Bought thinking it was a good buy ($2.08) but stopped out at $1.92 before the turn around the very next day.
I'm not a chart reader but in DOMs case would have you seen the writing on the wall by looking at the charts?
I dont think RED fundamentally is a company going nowhere and just needs better management reporting to share holders.
With gold prices rising so should RED as it has in the past but it hasn't this time suggesting that the price is either being manipulated or that frustrated share holders are selling. At least i hope it's just that and no other hidden issue.

 

[tech/a]

The Market can also be deceptive. Eg. DOM continually dropped to below $2 before shooting back up to well over $3 before being taken over by Kingsgate.
Bought thinking it was a good buy ($2.08) but stopped out at $1.92 before the turn around the very next day.
I'm not a chart reader but in DOMs case would have you seen the writing on the wall by looking at the charts?
I dont think RED fundamentally is a company going nowhere and just needs better management reporting to share holders.
With gold prices rising so should RED as it has in the past but it hasn't this time suggesting that the price is either being manipulated or that frustrated share holders are selling. At least i hope it's just that and no other hidden issue.

DOM
Means nothing in my view to future market price.
Those who are committed to buying or selling the stock will buy and sell at market.

RED's
In ability to gain price while gold itself gains says only ONE THING
Lack of demand for RED.

 

[skc]

DOM
Means nothing in my view to future market price.
Those who are committed to buying or selling the stock will buy and sell at market.

RED's
In ability to gain price while gold itself gains says only ONE THING
Lack of demand for RED.

DOM = Dominion Mining (another gold miner), not depth of market.

 

[jancha]

DOM
Means nothing in my view to future market price.
Those who are committed to buying or selling the stock will buy and sell at market.

RED's
In ability to gain price while gold itself gains says only ONE THING
Lack of demand for RED.

Lack of demand for RED has to have a REASON as in the past it has had support and followed the pog so why not now? Perhaps Tech it has something to do with the delay and so when its up and running so should the demand. Simple

 

[beatle]

Jancha you make some interesting comments re RED and how its running now. And from what I'm aware there is no other hidden issue that hasn't been already noted.

BUT, and I know this is controversial and its my pure speculation that I have got no proof of whatsoever (AND I'm rarely into conspiracy theories!), I have wondered if RED management has decided not to report more often due to it not wanting to keep certain investor(s) well informed when they have already made a decision to sell out.

And yes, I'm referring specifically to Matthews. I wonder if there has been some bad blood between RED and Matthews for some time now, and that has resulted in very poor communications between the two groups. OF course that's a huge speculation by me, its something no one could ever prove, but its something I wonder about as the time goes by. And once Matthews is out then that is not an issue any more! Here's hoping they are moving closer to zero shares each day - I still believe Matthew's selling has been an ongoing factor in RED's share price!

Tech/a, you started making negative comments about RED WELL BEFORE the gold was due to be poured in Nov! So thus your comments re PEN and any issues re RED "...I've not compared the two stocks only the dogged insistance that all is well in the face of evidence that all is NOT WELL." had no proof of anything going wrong at that stage! IF you really do have 20 odd employees working for you then seems to me you spend a lot of time trying to wreak havoc on investors in companies that you have no other reason to post on! And yes you can have the last word if you wish on this subject, I have given you my views.

Good luck to RED holders.

 

[LostMyShirt]

No one should really be getting upset with Tech/a. There is nothing wrong with objectivity, challenge and debate. Non Bias opinions are what many people thrive on, and when searching for stock banter I tend to observe unbiased controversy rather than bias ramping (not that I am accusing anyone of doing so).

Now, in my honest opinion; Tech/a is a T/A. And as far as T/A goes on RED, it is up the creek. Lack of demand, falling share price and a depth from hell. Heck, I know it is early, but someone jumping the gun may very well see the stock in a downtrend for the short term.

One thing I believe Tech/a is overlooking is the fundamentals, which is what most people here are using as a counter argument. Honestly, the fundamental argument trumps the technical aspect of RED. Technicals WILL CHANGE the moment progression takes its route. The current technical state has little to no impact on the future of RED.

Using Matthew as a counter argument for bad sentiment is just terrible. We don't know the reasoning behind Matthew selling out. Quite frankly, they left with a profit. Am I to understand the other substantial holders are idiots, or perhaps Matthew knows something no one else does? To add insult to injury, Petra buys more stock, and upgrades its price target?

When Debtless RED goes into production with its upgraded reserve, you think the technicals are going to hold any water? Of-course not. In fact the reason for the bad technicals is because of the delay on the pour - and whoever expects a seamless unhindered application of mass mining equipment to be turned on and used without calibration, without testing or caution, is kidding themselves.

The ONLY technical aspect on the RED chart (even though the pattern is thrown off due to the consolidations move to REDDA) is the resistance level being held twice, and not smacking bottom in frequency.

So, am I to understand that debtless RED with upgraded reserves is NOT going into production? Give me a reason why they will not transition into production. Or perhaps you do believe they will produce, but continue to a downtrend? How does any of this make sense in the history of emerging companies and investing. If this were the case, no one would make money.

 

[Boggo]

Tech/a, you started making negative comments about RED WELL BEFORE the gold was due to be poured in Nov! So thus your comments re PEN and any issues re RED "...I've not compared the two stocks only the dogged insistance that all is well in the face of evidence that all is NOT WELL." had no proof of anything going wrong at that stage! IF you really do have 20 odd employees working for you then seems to me you spend a lot of time trying to wreak havoc on investors in companies that you have no other reason to post on! And yes you can have the last word if you wish on this subject, I have given you my views.

Beatle Beatle Beatle, read what you are typing, you are completely missing the point.

tech/a has never made negative comments, you need to recognise the difference between statements regarding what a stock is likely to do technically and what you would like it to do but you have completely missed the point.

Both my references and tech/a's to PEN have nothing to do with the actual PEN stock, it has to do with that same "I have bought and I am right, I will take over this thread and I will scorn anyone who doesn't agree" mentality.

This is the RED thread, not the Beatle thread and any comments on here that don't agree with your views are not an attack on you or anyone else that may have a 'I will self destruct rather than be wrong' mentality.

If you really believe that half a dozen "negative" poster's on here can influence the price of 'your' stock then allow me to get my armchair and popcorn because this can only get funnier and further from the reality of making money and that is assuming that that is why you are here in the first place.

 

[skc]

So, am I to understand that debtless RED with upgraded reserves is NOT going into production? Give me a reason why they will not transition into production. Or perhaps you do believe they will produce, but continue to a downtrend? How does any of this make sense in the history of emerging companies and investing. If this were the case, no one would make money.

See AED for a good example where death begins on production... I am sure there are others.

Not saying that's what will happen with RED, just saying anything is possible.

 

[LostMyShirt]

See AED for a good example where death begins on production... I am sure there are others.

Not saying that's what will happen with RED, just saying anything is possible.

Will take a look, SKC.

Before I do, is there any main contributing factor to the downtrend? Perhaps it is overall market sentiment or a lack of reaching targets etc?

I am having a look at the chart from its listing point until now - wow, yuk.

 

[skc]

Will take a look, SKC.

Before I do, is there any main contributing factor to the downtrend? Perhaps it is overall market sentiment or a lack of reaching targets etc?

I am having a look at the chart from its listing point until now - wow, yuk.

The usual story... what they thought was there wasn't there, and what was there was harder to get out then they thought they would.

Trading/investing is hard because, sometimes you need to respect what the market is saying and acknowledge defeat, while other times you need to be defiant in the face of terrible downtrends.

But a lot of the time, the technicals offer a window into the fundamentals... and a healthy respect never goes astray.

 

[LostMyShirt]

The usual story... what they thought was there wasn't there, and what was there was harder to get out then they thought they would.

Trading/investing is hard because, sometimes you need to respect what the market is saying and acknowledge defeat, while other times you need to be defiant in the face of terrible downtrends.

But a lot of the time, the technicals offer a window into the fundamentals... and a healthy respect never goes astray.

I see your point and do agree.

I am skeptical on the RED technicals because I believe they are influenced by the short termers upset about pour delay. However your point is solid and it has been heeded.

The issue with AED is a concern for me with RED. If RED finds that there is nothing down there, or perhaps even fools gold then I am quite sure an AED repeat would happen. Although in this case the fundamentals influenced the technicals.

Technically the 06-07 run was quite promising and it seems the vertical drop was influenced by the reasons you stated.

I don't hold all my egss in a technical basket, but I am aware of the information technicals can provide and am not stupid enough to not heed them. Personally, for me, this is a case of defiance against a trend based on confidence of fundamentals, and I think many other holders if taken the time to analyze their psychology on their position would agree.

I did however take a technical position on some indication it would ounce off 1.80 back into its range, but as a result of that mistake I am now in the pool for a longer period of time. For the short term, the chart sucks. I don't think anyone would dispute that.

 

[tech/a]

I've not compared the two stocks only the dogged insistance that all is well in the face of evidence that all is NOT WELL.

Evidence was a stagnant price action
Followed by an obvious pricing into the stock price the initial pour.
Followed by lack of interest and a falling stock price.

Evidence you dont wish to acknowledge.

Technicals WILL CHANGE the moment progression takes its route. The current technical state has little to no impact on the future of RED.

And when and if they do then Ill trade it.
Why sit and watch as it goes from 18c to 23 cents to 15 cents??

Your right fundamentals do change and currently Im seeing less than positive fundamentals coming out for this company.

So too are those UNINTERESTED in trading RED.

But AGAIN there are some here who cant see anything other than what they want to see.

I'm not a chart reader but in DOMs case would have you seen the writing on the wall by looking at the charts?

No and you wont be able to foresee a delisting or bankruptcy through Fundamental analysis either.
If your a serious and profitable trader while one or 2 of these a year may dent your portfolio it wont kill you.

But lets take the case of beatle here.
If by some out there reason RED stopped trading If what he says is true then he would lose most if not all of his nett worth!!
Im sure as hell sure thats not a wise position to put yourself in.

 

[LostMyShirt]

And when and if they do then Ill trade it.
Why sit and watch as it goes from 18c to 23 cents to 15 cents??

Your right fundamentals do change and currently Im seeing less than positive fundamentals coming out for this company.

So too are those UNINTERESTED in trading RED.

But AGAIN there are some here who cant see anything other than what they want to see.



No and you wont be able to foresee a delisting or bankruptcy through Fundamental analysis either.
If your a serious and profitable trader while one or 2 of these a year may dent your portfolio it wont kill you.

Why sit? I believe because some are aiming at a longer term trade than a shorter one however onlooking with keen interest.

"Your right fundamentals do change and currently Im seeing less than positive fundamentals coming out for this company."

Ok, now we're getting somewhere. Why, Tech/a?

BTW, I don't think ANYONE would dispute the last point with you. If the basket drops, all the eggs are gone. That is a pretty bad position to put yourself in indeed.

Personally, I've made sever bad choices based on technicals alone, when it comes to stocks. One example was the price of a particular oil company in which became stagnant, and showed a lack of demand as well as constant offloading into the market. 40 cents was the price at the time of the stagnant trend, as well as testing bottom frequently - now worth almost 90 cents. The reason for the increase was information being put out to the market on the progress of their project.

 

[Boggo]

See AED for a good example where death begins on production... I am sure there are others.

Aaaah AED, now why is it that I remember you and why do I keep hammering on about NOT believing in the BS produced by the management of any company and because of you I have found a way to see through the crap.

Oh yes, I remember now, you cost me a lot of money.
I would also like to thank you because of you I have actually made up for that loss many times over mainly because of your lesson you have taught me never to trust anyone other manager other than me with my money.

I look at this every so often and am reminded of it on this thread...

 

[Chasero]

The lack of upward movement in sp is down to 2 factors:
1) disinterested buyers/sellers
2) price manipulation.

I wouldn't rush to ignore point 2 completely (as RED has had days where pog went up considerably and the sp remained constant or in the red and vice versa)

The reason I opted out was because management has proven time and time that negative announcements from red has become the norm.

I think investors are waiting for a positive ann to come obviously to see any big impact on the sp

 

[LostMyShirt]

Aaaah AED, now why is it that I remember you and why do I keep hammering on about NOT believing in the BS produced by the management of any company and because of you I have found a way to see through the crap.

Oh yes, I remember now, you cost me a lot of money.
I would also like to thank you because of you I have actually made up for that loss many times over mainly because of your lesson you have taught me never to trust anyone other manager other than me with my money.

I look at this every so often and am reminded of it on this thread...

Yyyyuk. Your attached picture makes me want to vomit. It makes me thankful I now diversify and only have a small holding in RED as opposed to my old status which was overweight severely.

But wow, that picture is a snapshot of what hell looks like.

Chasero - probably a good move. The management of this company sucks. The most ignorant bunch of fellows who could not care less about keeping their shareholders updated.

 

[Boggo]

Yyyyuk. Your attached picture makes me want to vomit. It makes me thankful I now diversify and only have a small holding in RED as opposed to my old status which was overweight severely.

But wow, that picture is a snapshot of what hell looks like.

Hopefully my posts (negative or however they are seen) make more sense now, they can be a shortcut through that stage if you want to listen.
I can tell that tech/a may have had a learning experience or two as well and probably does not want to see anyone else go down the same track.

Sorry if this is somewhat off the topic of RED, it is possible though that it could be relevant !!!!

Back to RED folks

 

[LostMyShirt]

Hopefully my posts (negative or however they are seen) make more sense now, they can be a shortcut through that stage if you want to listen.
I can tell that tech/a may have had a learning experience or two as well and probably does not want to see anyone else go down the same track.

Sorry if this is somewhat off the topic of RED, it is possible though that it could be relevant !!!!

Back to RED folks

I sincerely hope not.