Please advise where u get the info from? How much is the buying price? I don't think he has the money to buy 135m shares even he managed to negotiate for $0.05 a share, that mean he needs to pay $6,750,000.
No did not buy at the bottom,,wanted to catch hesistated it went upwards.Ytday bought 500lots at $0.099..Hope Bluemont has already bottomed and now shd move higher..break thru resistance,,,was thinking how much can lose at the price I bought since bank's interest $50k not even $2 per month..hope 2nd time lucky with this purchase and all best wishes for those vested here.
Made first round buy during designated period and sold on Oct 21 after the lifting..recently Bluemont hit a low of $0.056 bought went in at a high $0.099 as I trust Alex the incoming CEO see his credentials
Do you know Alex personally to vouch for his abilities and credibility?
As far as his track record shows, this guy has no credibility. He has a seriously tarnished reputation. Known to many as a scum.
..See Alex's record..I believe Bluemont has bottomed bouncing from$0.056 recently..I bought as I think Alex has his records and credentials to prove his mettle
That Angmoh you speaks of, not your average ang moh.
That Angmoh was once a: Hold an Econ degree => Not only an economic person but also an economist. Sure he got the tools and knowledge to do a proper valuation on any investment. But whether his valuation is correct or not is another issue. Head of Metal and mining in Citibank for 10 years => No capability can climb up and hold on to that seat for 10 years? One of the highest paid CEO in Canada in 2010=> Reinforced his ability, not capable who want to hire with such salary? His previous firm, SouthGobi Resources grew 60+% in 2010 => > > Good growth but might be due to local government support Currently holding leadership position in 3 other firms, besides Blumont. 2 out of 3 of these firms are listed firms. ==> > > Say something about his credibility. Listed firms always avoid having dubious character on their board, as doing so would depress their share price. Age: 38 only===> > > Still a long way to go. If he decided to cheat now, he is destorying his own career prospect. His current stake in Blumont only 1.3millions====> > > His previous annual pay from SouthGlobi is more than 3millions=> > > > He need to resort to con and destory his own career prospect just to save his stake in Blumont, which is equivalent to only half his annual salary? Worth it? chensing is online now Report Post
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kenlfo
61 posts
Posted by kenlfo > 2013-12-05 12:20 | Report Abuse
Why ABL keep on dropping like no ending?