By Tom Winnifrith | Friday 21 October 2016
Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Ben Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be candid in his approach. Blog number nineteen....
I think it was at one of Jim Mellon's parties at his pub, The Tax Dodger's Return, that I first met Evil Knievil. As two of the only chaps there not encumbered by a University degree but sharing a keen interest in important matters such as horses, booze and how the darkies have screwed up Africa we hit it off at once. And so the other day I found myself round at Evil Towers for a working late breakfast.
It was actually just after ten when I pitched up, having had to travel in from Surrey to meet my old friend. A gracious as ever, Cawky wondered if it was too early for a chilled white Burgundy but quickly decided that it was not and so rang the bell on his desk and before long his faithful man-servant Blackstone had scuttled into the room with two glasses and a very fine looking bottle of Corton Charlemagne. Clearly Cawky is on a winning streak.
We discussed a few of his spiffing ideas for making money. I must admit that there was a bit of a sense of deja vu as he explained why Victoria Oil & Gas (VOG) was so terribly cheap. From memory it was about eight years ago that my friend got me to invest a few pennies into this enterprise insisting that the shares were set to race ahead. I think I fell asleep at some point as the finer points were explained to me (again) but I awoke to hear those magic words "another bottle" and so it continued.
Naturally I was there on company business and by noon as Blackstone brought in bottle number four I was explaining the attractions of our exciting acreage at L'Ebola to my host. He nodded politely as I detailed the prospective grades which we hoped to establish via drilling and how they justified a multiple of the current share price on a risk weighted basis according to the latest "independent" research from Champagne Charlie Gibson round at Edison. Golly gosh, it is at times like this as your mind starts to wander, that you realise what excellent value is the £25,000 we pay Edison each year for its "independent" research.
Cawky seemed convinced, as we waded through another bottle, ahead of a most excellent luncheon prepared by the man-servant Blackstone while keeping a close eye on the 12.20 at Doncaster where he had just bet his grandchildren on a 100-1 shot which he said was going to win because "a man had told him".
It was about four PM before I emerged from Evil Towers and I cannot really remember what happened next but my PA Miss Skirt was forced to arrange some emergency accomodation for me in London as I was not really in a fit state to return back to Lady Dover. Shareholders will be reassured that Miss Skirt and I were accomodated at the Savoy, as ever, in a way that preserved shareholder funds.
And so ended another hard day's work on behalf of you, my fellow shareholders in Global Mining Endeavours, taking the message of the "unlocked value" out to key opinion formers.
Cawky has subsequently emailed me saying that he tried to buy some shares but as it was well after lunch he pressed the wrong button and is now short of 5% of our issued share capital. He apologises for this terrible blunder which does appear to have knocked 20% off our share price and asks if there is any chance of a placing to allow him to close out?
To be continued....
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