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Is the Bull Market over? Andre Minassian says no! Watch here

Is the Bull Market over? Andre Minassian says no!


Member Info for redknight1


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Member Since: Tue, 2nd Mar 2010

Number of Share Chat Posts (all time): 669
Number of Share Chat Posts (last 30 days): 6

Last Posted: Fri 11:46


Post Distribution over the last 30 days




8 May '15

Up 25% on TSX at .10 (5.4p)
8 May '15

Can't believe there is so little reaction....

Resource upgrades coming both on and outside the property AND

"The Company has agreed non-binding terms with regards to an equity financing structure with several parties, principally including these investors and intends to enter into binding documentation by mid-May 2015."

Deal done and announced in a week or so.

Naughty late buys.....
19 Mar '15

As I understand it, from s/o who attended, funding is 'very close' and will include an opportunity for PIs to participate...

Also, a resource update in 2 months (just waiting for independent verification) and ore from the ground late August/early September....

What is there not to like?
4 Mar '15

Farmertally why don't you just sell up and move on if you're that cynical....

Or maybe you might look at the late buys:

From ADVFN:

I reckon everything at 3.75 and above is a buy

Somebody's in the know... 1.25 million bought at 3.90 3.95 3.98 4.00

That looks really horny
25 Feb '15

Sorry bad grammar

No I'm NOT saying funding at 5p, I'm saying testing the 50 day MA at 5p...

My bad...
25 Feb '15

Markets don't like uncertainty, which is why, apart from the massive spikes on Traf's buy at 9p and the final permitting, volumes have been way below the daily average

Which also means most people aren't selling

I believe we had capitulation on Friday, since which we have had rising prices and indicators on rising volumes at twice the daily average

I see us testing the 50 day MA before funding at 5p before testing the 200 day MA at 7p or so post funding, with profit taking both times

Unless Traf makes a bid.....
23 Feb '15

Whats your target selling price?
23 Feb '15

Thank God the dismal jimmies seem to have slunk away....

At least FIVE reasons to be cheerful today:

The cash will take us past the end of March;

The costs continue to fall;

The resource is bigger and getting easier to mine;

The Big 3 have approved an RNS that is full of good news and has spike the SP which, given that they all have a vested interest in the financing, suggests that the equity element should be mnodest or nil,otherwise they are damaging their own financing terms; and

The SP is closing at the highest levels of the day, which augurs well for a considered response and follow through tomorrow....

At least it has stopped people selling. No reason to unless the SP spikes much higher....

Best wishes to all those of us who had the b***s to add substantially last week!
20 Feb '15

All good commonsense haddy. Thanks for the positive response mate
20 Feb '15

My comment 2 days ago was based on your ridiculous suggestion that the mine would be financed by a placing at 3.5p. I you reread the post you'll see that would require 2.9 billion new shares....

My comment below was directed specifically at posters on ADVFN, so are you paranoid or something?

However, whether you are disappointed, devastated or whatever, and especially if you really hold at an average of 9p, why on earth would you want to talk the shares down? Are you suicidal or summat? You may be in pain but does it make you feel better to try and make us feel unhappy as well?

Why do you think the shares keep falling? A steady seller (who hopefully is now finished) and people who keep posting negative comments that spook PIs to dump their shares. So MMs can keep pushing down the bid and thereby keep hitting stop losses that reinforce the fall...

Result? Trafigura will make far more out of this company than we do, thanks to the professional derampers, short sellers and dismal jimmies that are doing their job for them.

None of the Big3 can legally sell shares because they are all 'inside' but why should they worry when posters here and on ADVFN and III aredoing the job for them?


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