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G11 up 45% news on its way!!!!
What was the purpose of the placing ? Raising funds for what? The gold exploration?
At least it shouldn't fall below the placing price!
I'm in for a dabble with a grand at 0.845. Should be an easy double up or more from here . GLA
I just bought more at 0.79. Seems crazy cheap with Glencore next door. Also averaged down.
Perhaps I bought in too early, my average is over a penny, along with that I got shafted on the spread on each trade I placed. Oh well. If I'm lucky, I'll be able to clear funds and average down. Otherwise, I'm not opening my HL for another month LOL. I refuse to look at red numbers, that way I can pretend they don't exist
This is starting to look very cheap imo...
Having done further research into Glencore.
I found out they were going to sell Palace Green in 2015
as a going concern. This never happened so they have imo
decided to mine palace green and buy stonepark at the same time
,which makes sense as it is attached to Palace green and that is why
They have invested heavily into G11. Very interesting!!!!!
G11 due drilling results soon.
Group eleven on there way up ,that's always a good sign.
No chance mate
True I bet you I wouldn't get my 3.2mil at 0.82,it would no deal!!!!!
Yes, also the mm’s are a little lost as yesterday they were letting me sell 2m shares in one go at 0.8375 but after around 600k of sells they started to offer 0.80 on the bid.
All irrelevant once news lands, just not great in the short term for those or us with higher averages. Getting a Helluva lot for your money at todays price!! Crazy
That's right Adam it's very deceiving, because actually today so far
There are more buys than sells!!!!!!!
I’ve also added a grands worth at 0.82 showing as a sell.
Oldfox is right in saying very little moves this either way, moves up quicker than it falls back given last week has seen little buying and smallish trades (mostly pi’s selling, probably out of boredom).
Mm’s can have their fun with it for now but when news lands they will take it back up to 1.2 range in a heartbeat. Best thing for us holders then will be those sellers (like the chap this morning) will all be scrambling to buy back in because they know the upside here is massive.
Patience will pay big here imo. GL
Last trade showing as a sell,but is a buy!
6.25% spread that's better.
12.5% spread says it all!!!!!!
I've noticed it only takes tiny amounts to bring the price down .
So don't be fooled into selling them at a loss because in my opinion they
Will shoot back up in a blink of a eye.
You don't normally see examples of such altruism on these bbs. Hopefully your advice will help prevent peeps losing their money lol
I just feel that most people here are fiddling while Rome is burning. The mms are taking it down slowly without people noticing and and by the drilling date it will be .5. Be careful here even though the potential is great.
I'll start again.
I believe GL are recommencing drilling again in August sponsored by Glencore for £500000 and at no cost to Arkle.
I am believe they are recommending drilling in Augus
t and glencore have paid £500000 to help towards the cost.
Confirmation on drill date yet?