Lucian Miers continues his World War Two analogy as UKOG shares slide like a dead German body on a Russian ice lake
How to lose more than 50% of your cash in 2 weeks - ask an Andalas owning moron: placing imminent? £550k Loan to be repaid by deadline today? er....
Published 198 days ago
As at 30 June 2016 Golden Saint Resources (GSR) had $722,000 cash and cash equivalents but by mid November the tank was empty and this cash guzzling joke of a company needed to raise another £400,000 gross (call it £350,000 net or $450,000) to keep going. So how much is left? The share price tells you that cash is running out fast (again) - the stock is now at an all time low of 0.025-0.03p valuing this crock at just £1.6 million. That, BTW, is £1.6 million too much.
Published 205 days ago
Floated at 10p, a couple of years later shares in Golden Saint Resources (GSR) trade at 0.03p to sell. Gosh that £36,000 a year it invested in securing the services of PR genius Steffi was money well spent was it not? But one ex shareholder, the founder Cyril d'Silva does not look too unhappy as a new photo of him in action last month demonstrates. Nice one Cyril. Well for him anyway.
Published 253 days ago
Christ I am naive. There was I thinking that all the twitter and Bulletin Board ramping during the past two weeks was there to allow disgraced PR genius Steffi to dump her few remaining shares in this worthless piece of Turkish. Oh no. Silly me. It was a pump before a different sort of dump. A bail-out placing dump. The release is a hoot. It can only have been written by a compulsive liar. Remind me: who does the PR again?
Published 289 days ago
Yes that is this afternoon's treat and it reminds me of when the Mrs and I went there to get permission to marry. On the markets I look at China Africa Resources (CAL) - what could possibly go wrong? Then I cover Synairgen (SNG) and the risks folks do not understand in biotech, DiamondCorp (DCP), Premier Foods (PFD), Golden Saint Resources (GSR) and what PR genius Steffi has not told you.
Published 409 days ago
I guess when serial bank robbers accuse you of fraud you must be doing something right. And that is exactly what happened yesterday when we slated the latest bailout from Piece of Crap Golden Saint Resources (GSR) which seemed to anger Brokerman Dan Levi.
Published 436 days ago
I start with more news on frigana cutting. I am a sweaty wreck after a day of mega slashing as I "take it out" on various folks in the City. Then I cover Asian Citrus (ACHL), Jiasen (JSI) and Taihua (TAIH) before I move onto Johnny Hon and R4E (R4E) then the scams and scum at Golden Saint Resources (GSR) - why won't PR fecking genius Steffi tell us about her shares? Then it is onto doomed Outsourcery (OUT) and then, as we expect more news tonight on Uramin, I ask a few questions about Port Erin (PEBI) another vehicle of my friend Jim Mellon. Oh and there is bad news for a company trying hard to bring jobs and wealth to the grim Northern welfare safaris, DX Group (DX). Moral of the story, let them rot, stick to doing business in the hard working South.
Published 437 days ago
If you wanted to line up a top notch list of advisors to an AIM casino stock you would not go to POS Golden Saint Resources (GSR) for advice. It really has gone for the holy trinity of hopelessness.
Published 437 days ago
The petty criminal, market abuser and deluded fantasist Chris Oil has announced that he is to quit social media and to stop posting on his tedious blog. He fails to explain why but he has put out a pompous statement on his blog echoed in a tweet. I bring you highlights of Oil's two years on Social Media below but first his blog statement which reads:
Published 438 days ago
The link is in the side bar but Ryanair (RYA) Euro loon Michael O'Leary is today hoisted on his own £315 million EU petard. Fecking excellent news. Elsewhere I look at the piece of Turkish that is Golden Saint Resources (GSR) - still pissing away £3k a month on PR genius Steffi - as it heads for insolvency again. Then it is onto Nighthawk (HAWK) and Trinity Exploration (TRIN) and the problems for banks that lend to oil companies. Then I refer to HSS Hire (HSS) and cover Andalas (ADL) again as its shares sink like a stone. They have a lot further to sink, sell now!
Published 443 days ago
Market abuser and criminal Chris Oil (as explained here) has now deleted the tweet below, perhaps on the advice of PR genius Steffi. But I suggest to you that it shows a man whose Walter Mitty condition is now becoming critical.
Published 450 days ago
The last we heard Sefton Resources (SER) had c£250,000 in the bank but how much is left and when will we find out? The answer to the latter question is...potentially never thanks to the strange laws of the British Virgin Islands where this company has always been registered.
Published 495 days ago
Okay the photo is from tree huggers but WTF is going on at Horse Hill. Men in whote protective suits arriving on the site and wandering around. Doing what exactly? Perhaps you'd like to suggest what the men in white coats are looking for at the Gatwick Gusher? Over to you. David Lenigas, Chris Oil, PR genius Steffi ( who works for both), anyone involved in Sefton, menacing PR hardman David Bick, Andrew Bell, shareholders in US Oil & Gas are all fair game. Do your worst in the comments section below. Deadline midnight Sunday
Published 523 days ago
Having threatened to "kick the brains" out of Tom Winnifrith, challenged TW to a boxing match, called TW a coward for not accepting, the twerp Chris Oil has responded to Tom's acceptance by ...fleeing the Country (as you can see here). In light of that you have until midnight tonight to suggest suitable captions in the comments section for the picture below.
Published 530 days ago
I have composed a short poem for Mr David Lenigas, yes Jabba The Hutt gets a St Valentines day message from me. In today's contest I would like you to compose a poem for someone else who's portfolio deserves massacring, market abuser Chris Oil, PR genius Steffi, Cyril d'Silva from Golden Saint or perhaps Nigel Somerville has a poem for Angus Forrest at Tern. But can you better my four line offerings below? ( all poems must be in this style)
Published 534 days ago
No PR genius Steffi I am not accusing you of being a fat lady. Nothing could be further from the truth. On both counts. But while you sun yourself in South Africa with your market abusing criminal client Chris Oil, I have some bad news for you. If you were wondering why your other client, Golden Saint Resources (GSR) had not sent you its £3,000 monthly retainer of late, there is an RNS just out....
Published 568 days ago
After 89 days the Golden Saint Resources (GSR) crowd funded debt death spiral organised by Crowdforangfels and its imbecilic compliance officer Gollum Gill was pulled last night. It had raised just £3,350 - just a little way below the minumum of £50,000 and the £250,000 target. This morning Golden has fessed up to the flop.
Published 570 days ago
Why has Nomad Roland "fatty" Cornish not yet had shares in insolvent Golden Saint Resources (GSR) suspended? After all it is totally bust. Perhaps it is in the hope that its crowd funded debt death spiral organised by Richard "Gollum" Gill would be a saviour? If so I have bad news because after 88 days...
Published 582 days ago
After meeting the ghost of Christmas past HERE and the ghost of Christmas present HERE young Christopher Oil tried as hard as he could to get some sleep. He tried counting Sefton share certificates. It was a bit like counting sheep. They were fluffy and stupid and just hopped over the fence into a big void where they disappeared. But that did not work.
Published 582 days ago
As you will recall young Christopher Oil has already had his Christmas Eve sleep disturbed once by a ghostly figure, the ghost of Christmas past. But Chris convinced himself that this was nothing to concern himself with and was soon sound asleep dreaming about how he and his bestest friend Daniel might build a snowman in the morning if mummy allowed them to play.
Published 583 days ago
It was the night before Christmas and young Christopher Oil stood staring out of the window at the Bed & Breakfast he liked to refer to as the castle. Outside, the snow was beginning to fall heavily and this filled Christopher with great joy. He turned round to look at an elderly lady sitting by the fire reading a bunch of papers marked "pension statement" and, barely able to contain his excitement, blurted out "Mummy, if it carries on snowing, will you let me make a snowman in the morning with my bestest friend Daniel?"
Published 598 days ago
As we have pointed out numerous times, the crowd funded debt death spiral has failed. Golden Saint Resources (GSR) managed to raise a net £159,000 two weeks ago in a bucket shop placing but is still completely out of cash. It is bust. It is trading while insolvent. Yet still the pretence goes on with an "operational update." What bollocks.
Published 609 days ago
I am attracted to stunning women. My wife and, obviously, Cheryl Cole. Evil Knievil is attracted to fine wines. In fact to any wines. And it seems as if pouting ex Sefton Resources FD Raylene Whitford is attracted to overvalued cash strapped POS AIM listed oil Companies.
Published 628 days ago
One good turn deserves another and following Big Dave’s black tie event on Friday (see here) we hear that down at the scrubs they are planning a charity event on B Wing for David “I drown my enemies in confetti” Lenigas. Noting that Lenigas Cuba might soon have to return most of its cash to mug punters and that LGO looks set to go tits up, a committee has been established to bail out Big Dave. Details are sketchy but inmates are awaiting the imminent arrival of Mr Rob Terry of the notorious Fareham Five gang”
Published 630 days ago
I offer no real comment about the favoured charity of fat Aussie share ramper David Lenigas. Whilst folks like market abuser Chris Oil and PR genius Steffi have been invited it seems that I am not on the guest list for tonight's black tie event. However an invitation has fallen into my hands. View this as a caption contest - do not hold back, be as cruel as you wish.
Published 632 days ago
Totally insolvent AIM Golden Saint Resources (GSR) had a cracking day 26 on its live crowd funded debt death spiral – some mug punter pledged £1000. That means that £3,200 has now been pledged (admittedly at least £800 of that coming from imbecilic Northern slum refugee Richard “Gollum” Gill and colleagues at crowdforangels) and so the net proceeds (inc VAT outflows are now) a massive £88. Yes after 26 days Golden Saint has raised a net £88, enough to pay for the invaluable services of PR genius Stefania for approximately twenty two and a half hours. So …
Published 643 days ago
You will remember that AIM listed Golden Saint Resources (GSR) is out of cash and trading while insolvent as it burns up to £6,000 a day but that its rescue plan was to raise £250,000 via a crowd funded debt death spiral masterminded by Northern slum refugee the talentless little shit Richard “Gollum” Gill and crowdforangels. So what is the update on day 15?