Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
John Meyer of SP Angel today admits that he has been analysising resource companies wrongly for years. Having looked at UK Oil & Gas's (UKOG) Horse Hill data, John has stumbled across the new science of Leni-Maths. John writes:
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Comments
turbograndad
Rob Terry, school of maths , Leni maths, 2+2 =5
addick
This is very funny.I’m invested in only one of Big Dave’s vehicles and it’s the one where he actually has the least influence in terms of what goes on. Curiously, it’s my belief he’s found a gem in BCN, but as for the rest!
I lost a packet on Templar Minerals and can clearly recall how the supposed iron ore deposits in Brazil were going to be worth millions.(I’m not even sure he visited the place,although I’m prepared to be corrected) Eventually, he threw in the towel and the company morphed into another wild success, OTC.
If he ends up making me millions by virtue of my substantial holding in BCN, I’ll buy the bloke as many filthy Aussie lagers as he can fit down his neck. In the meantime, I believe the correct expression is ‘buyer beware’.
J P Spaghetti
It could be all that dark matter they keep prattllng on about
wildrides
Spags ………. naw ………… dark matter………. thats what people see when they have had their head up Del Boy Lemongas’s arse to long . There are no primary data points up there either .