Lots of knowledgeable and "entertaining" messages around the recent SP spike. I have held a small investment for several years and the only thing I seen AYM produce is "Reports"... lots of them. Yes, they do own some mineral assets, but they have no revenue stream, no start-up funding ...and I suspect the estimated costs of start-up are seriously under estimated. Excitement and enthusiasm is great but they need to be anchored in reality.....for the longer term perspective.
Sorry but the increase was an attempt by mms etc to entice fresh blood to offload their residual shares. If there is things going on in the background then how come no one was buying today? Company is worth 5 million so who is going to lend it 20 million? What a load of ******
Those in the know will be anticipating a recovery in sp, the scene is being set. At the recent AGM the BoD agreed to generate capital through share issue, we know they need at least £20M to get the Parys up and running. IMO we will see a substantial increase in reported reserves at Parys very soon, followed by share issue and details of JV. Good times are ahead, but patience is needed. 07/10/14 ;) GLA
I'm trying to hold some less volatile shares as well with mid-longer term prospect based on research. With more sporadic but consistent newsflow. The people influencing share prices are short term day traders looking to manipulate volatility. Total skankers. I think there should be a button next to posts for people to vote whether it is a skanker post or not. There is a recommend button but not a skanker button lol. I may recommend it to the LSE web team.
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