Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Hi Romaron,
Cheers. I agree with most comments that Enquest is a slow burner but the current Brent and the reactions of Tullow and PMO bode well for a recovery of Enquest SP. Agree that GS can get it wrong. They have been touting alot about the storage breaching but it is interesting to see that many are not claiming that to be the case.
Hi Squif - I'm neither for or against banks or hedge funds. They're a fact of life and I accept them. They get better and quicker data than us plus they're always live. There is no conspiracy (different to fiddling or skimming) and people love to say things like "Goldman Sachs are shorting the dollar/oil/Easter eggs" when in fact directives don't come down from the management like that. Diversity avoids a massive loss and as we all know, timing is everything but WB and Soros can't get it right either. If you follow GS prognostications you'll see they get a lot wrong as well.
I guessed you'd get my tongue in cheek comment as I consider you one of the more intelligent contributors but I refuse to signpost a joke or comment to help those of a more moronic leaning.
I prefer it when this stock behaves more like a major because I'd like to think we are a mini-major. I don't wish us to be modeled on the likes of UKOG or SOU whilst I wouldn't wish the tribulations of TLW on anybody.
*When Hongkong Shanghai took over Midland they had a FAF (fierce as ...) Chief dealer who was in a small group (high rollers) that included the Singapore Money Authority in their day the Brevan Howard of dollar/mark. A pal of mine worked for Midland and FAF was introduced to his new workmates. My friend at Midland was also FAF and achieved fame by being escorted off the premises at Banque de France. The Hkg guy was a scruffy nondescript individual and many missed his shuffle through the dealing room. He asked a few dealers their view on the dollar and the consensus was it was going higher. He merely nodded. He got in his office and sold the F out of the dollar. A new regime was in place. A few squealed but he'd made his point. He didn't give guidance but would intervene if any position was over traded or in trouble. A diversified portfolio has its benefits (which I continually ignore).
Haha Romaron - no I am not clergy. We will not sort out my opinion of hedge fund managers and bankers on this site but I will filter my thoughts so as not to upset you.
I am not surprised that Enquest rise is held back. It always is. Hopefully AB will have a good update in the coming days. It is still TBC for full year results
Hi Squif 07.25 - you've really got to give it a rest calling people who work for major banks and hedge funds crims. Some don't even wear suits and quite a few lose money. The job doesn't come with guarantees.
This comes into effect today but I doubt it'll change anything: https://www.fca.org.uk/markets/short-selling/statement-short-selling-bans-and-reporting
EnQuest doesn't appear to be under any attack but that may be because they always go for the weakest in the herd and that certainly isn't us. Above half per cent current shorts are:
CNE 0.60
TLW 6.30
PMO 19.80 which is complicated because ARCM are long of their bonds.
I made the most money on a share that was the most heavily shorted stock when I initially invested in 2009/10. That share was PFG and my thoughts were that the "poor are always with us" and if they hadn't lent my parents money I couldn't have had a uniform to attend grammar school. I've bought them again because they took a caning when they moved away from door-step lending and Vanquis gives the poor the ability to purchase cheaper online.
Shares on loan to ENQ were 4.66% end March -CNE were 5.38% PMO 29.73% PFG 7.82% TLW 11.71%
BTW - I'm guessing you're not clergy?
Market optimism improved this morning as virus cases fall in Europe - Equities up in Asia, expected to follow in Europe - Brent was down after news of postponed OPEC+ meeting - now recovering towards Friday close.
Market optimism improved this morning as virus cases fall in Europe - Equities up in Asia, expected to follow in Europe - Brent was down after news of postponed OPEC+ meeting - no recovering towards Friday close.
Buy on the rumor... sell on the news!
Thanks Pelle. That Will be great however given how the crims in suits at the major Banks and hedge funds operate i am assuming that the price of brent Will Rise leading up to the deal and then fall as soon as it is signed. Hopefully a fre shorts getting burned right now :-)