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There's healthy optimism and then there's selfish trader's ramping intended to pump the s/p up, make a quick killing and stuff anyone who buys in and gets left hanging on a spike. Talk of 10-15p falls into the second category, IMO.
@ jeremiah
With your 5000+ posts you’ve either been around for some time or you just like to criticize a lot. Either way, you probably are well aware that anything can happen on AIM. More to the point if there is positive sentiment, excessive or not, as a holder in this company, it should probably be taken as a good thing no?...especially regarding everything that is going on with this ALBA right now!
Zeecoshares, I'm all for optimism but really, 10-15p? That's a £600-700m Mcap. Maybe in a year or two if Clogau delivers as hoped and some of the Greenland assets get monetised. I'd put your first post down to noob enthusiasm except that 12 people have ticked it up, so it looks like the herd is assembling already.
Visible gold makes this 2-3p
Good news re drilling : 10-15p
I’m hoping we see 1-1.2p before news. Then 2p plus on news. The way this is going, 1p before news will hopefully be easy. Then God knows what news will do to it. So many different opinions here.... from 2 to 4/5p
On good informations 3-4p then if rest of the projects will be successful... Easy above 10p
Yes well done Nookie, I was thinking I’ve lost this much another few hundred is nothing now so held. Should have loaded. I did pick some up at .15 which has now pushed me positive and another load at .33 again pushing me into profit. Any pull back I’m in.
Also if this makes 1p then it clear to
Make 2-3p+
Thanks Nookie. Retirement is a long way off yet. First the 1p party, then the 10p then who knows....
Hope it works out for you - retirement imminent:)
Currently have about 7m. Would love to get it to 10m next week. Got a decent average so far. I wish I had bought more on the way up but is that not always the way GLA and enjoy the remainder of your weekend
I too added shares all the way down to 0.058p. Managed to bring my average down to a reasonable level (~0.2p) and have added considerably to my holding to do that.
Haven't sold a single share yet (and this is not asking others to do the same, each to their own. Well done nookie you seem happy with selling some). Is just that I believe the SP has legs. IMO the journey just begun. FOMO hasn't arrived yet ...
Been in Alba since 2017 and prospects and interest in Alba never looked as good. Yes, Alba has a lot of mineral assets but they never before seemed to be valued in the SP, it was always oil and the link to Ukog (which at last is broken). All the previous spikes followed ukog moves up ... hence the disappointment.
This time round Alba is moving up based on its own accord, particularly Clogau. Other assets are still not priced in.
Nothing is guaranteed, but the chances now with modern exploration techniques are that they will strike gold at Clogau. GF describes potential as "huge" and if you know GF he is not normally upbeat!. Reports of 500k ounces of gold - The Daily Telegraph. Also, Alba already brought up samples of gold from the initial explorations.
The amount of gold in question here is quite substantial. Even 10% of that is many times the value of the current SP. Ocelot did some calculations earlier.
Nothing is guaranteed, but if they strike and the Clogau project takes off ... then add Greenland assets which they will begin to get noticed next year ... and imagine the SP.
Hi Nookie, I tend to agree. ST is a ramper and Doric a deramper. Both have personal agenda's. Virtually everything ST has said is a simple cut and paste with opinion lumped on top. It is tempting to read a few posts and call it research Actually that is pure laziness. Better to read all RNS's over the last 3 years and check out the charts. These boards give you a bit of an idea of the sentiment and occasionally a view you haven't considered. That is why you should always DYOR since at least you know it is trustworthy and without spin.
I’m in best I can be for now!
What do you say to that MM :-))))))
It’s all in my posting history and have supported alba for 6 years ( except when I get real pi55y when they do placings). ST is not here for the greater good.
Well played, nookie, it took courage to buy right down at the bottom.
I was seriously under water with alba @70% so I bought every month from March to July @ O.0535,0.07 and 0.072. This brought my average down to 0.19 overall.
The cheap shares have been sold at 0.27,0.42 and 0.46. I still have the same amount of shares thanks to last weeks placing and tbh my head ruled my heart when I sold some on Friday last minute. As things go, I’ve bought at the bottom and sold at the top so far. ST looking more like moneymunch reincarnated every day. Don’t get greedy.
Nookie - I thought you said the other day you’re at 100% profit around the 4p mark? Profit is profit, and good on you for taking some out. Whether you’re right or wrong with your timing will be obvious in the next few weeks. But whether right or wrong, profit is profit, so good luck. This has plenty of legs and I personally have a target of 2p
I sold 10% on Friday at a @900% profit at 0.46. I expect it to rise further and I’ll sell another 10%. How do you know if they’ve found gold yet, a weeks worth of rain due, someone gets covid, lockdowns imminent, earthquake. You just don’t know. You’re not the Alba police and you’ve only been here the last month ramping.Thanks but the way, made a lot of money on Friday and ready to make more.
Must admit did sell out last thursday because i had an average of 0.1 and took a healthy profit. Think the asset here is huge hence think this can reach several pence quite quickly so hoping this won’t spike monday. Will start buying more first thing Monday
I will be adding when other funds become available.
See how VAL turns out this week and may take a slither of the cream and slap in here with the idea of 3-5 year investment.
Had a good rise last week, 4 bagged so far but it's one of my smaller holdings. I will add as and when I can though, to me it's a longer term investment with great potential.
Even if the gold doesn't prove amazing everything in Greenland gets me excited.
I like to stay realistically sceptical after Sirius bent me over but it's hard not to get excited about ALBA .
CofE - Add to the winners and cut the losers. You will always be a winner if you do that. Averaging up as the prospects of the company improve is always a good thing. I agree with ST, the 1.1p warrants show confidence in the company. I have plenty here, and bought 1m to my already large holding on Friday. Will let the story unfold and will add more once results are out
Looking to sell to be honest.Not just yet.
Just a question because I am considering buying more. I will actually be averaging up if I do. Who would have thought a few months back.