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Good morning all, over 379 posts on a Sunday, says it all. This share is going places.
Special thanks to Mac, Lb, and The Beast, who have done their research into this company and have built up their positions over time, knowing their day will come.
A new week is about to start.
Good luck all who are invested in this share, but I don't think you will need it, it speaks for itself.
All the best
Ian
Morning Lamtree, it is common knowledge, they are reported by a computer system that works on the buy/sell price/spread, and not by the fact that you pressed the buy or sell button, lot's of people have reported buying into a share and then seeing it come up as a sell. funnily enough, this does not seem to happen on the footsie 100. make of it what you will:-)
As posted previously by Wittering:-
"At Volchetundra, new trenching work has now identified ore grades of 0.7 grams
per tonne (g/t) of PGMs over a thickness of 10 metres, and 4.7g/t of platinum,
4.6g/t of palladium and 2g/t of gold over a thickness of 2.6 metres. The area
covers a major intrusion with a strike length of 40 kilometres."
Does that mean what I think it means?
Or if you prefer:-
A rich PGM seam of 40Km in length........ or 25 Miles in length....... or the distance between London and St Albans....... or the distance covered by traveling at 100MPH for 15 Minutes.......it all points to the same thing.
Erm....... A very large discovery putting it mildly.
Everybody wants a share of this, and if you have the money you can approach the Market Makers with you £250,000 punt and stipulate the price you are prepared to pay, as you do not want to pay the going rate, as the MMs love a deal they rub their hands together and the game is on, to fill this £250,000 order they report all buys as sells and any other trick to reduce the share price down to trip stop losses that the unaware investors set, as they can see all stop losses. The MMs do not like to actually hold much stock as that could be risky, so they prefer to make the market by hook or by crook. all fair game to them. This dropping of the share price also makes the week panic sell their shares and only, later on, to see it pop back up just as quickly and then see a massive share buy pop up after hours. Money talks.
Do not set stop losses on AIM, they show your hand and unlikely to act in your favor.
Just do your due diligence and then BUY and HOLD as the value will come out in the end, this is an asset sale on face value and that is not reflected in the share price till the end game.
Have a good weekend, and look forward to next week, another week closer.
Good luck all.
:-)
I think wittering should re-post his post of "Strike length of 40 Kms" at 7:30 on Monday morning, which puts this share into perspective. :)
Ian can you re post it around 07:30 on Monday morning please.......
Ian if you are right, well what can I say, but may it make you rich and me a little less poor. ATB
Evening all, the above heading is just a part of the massive discovery here, it is all above ground and low cost to mine as open cast, the management appears to be aligned with shareholders and two major banks are involved. special thanks to wittering for the above heading and mac and LB for extensive research into this company. I have joined the party late and missed out on the canapes and pre-dinner drinks but have arrived in time for the 5-course meal. If this all comes together as we think, we are all going to be very happy. I missed out on the early entry and have taken my position lately with 4million @2.9p, I have no more spare cash otherwise it would be more, this is a great investment opportunity as one only has to buy in and hold, as others have pointed out this company can carry on and make money without the sale so a win / win either way. I have in the past made a nice profit from Tiny Rowlands old Platinum mine in SA and another also in SA and with that one the share price has just recently peaked at circa 45p, but with that one, I sold out at 6p to invest in a desert of sand in Morocco, had I held @ 45p I would have had £600,000. unlike that company, this company is fully funded and thinking proactively not reactively. I will now sit on my hands and await the positive outcome that should replace all my AIM losses and some. this is definitely the share to be in, no other share has this much potential to multi-bag. I wish all holders well and roll on next week. also here is a link to an old PWC brochure on Platinium mining in SA and Page 19 mentions Russia.
Good luck all who are invested in this share, but I don't think you will need it, it speaks for itself.
https://www.pwc.co.za/en/assets/pdf/platinum-perspectives-brochure.pdf
Have a good weekend and roll on next week.
Please whatever you do, Do not change that heading, it is superb, can't wait for Monday, all the best.
No problem, you can tell what they have been doing there, simply by the length of time the exploration and drilling has went on for.
When this goes through for whatever value it does, we are all very lucky to have had anglo there previously to fund all of it. Because without all that exploration and drilling it would have been a completely different ball game!.
That JV has proved priceless imho
GLA
Looks like a reading weekend for me Mac
Fascinating ....
Cheers
Their Jv years of drilling and exploration was to prove this up. It was first studied back in the 1930s by a A.E.Fersman -
https://www.researchgate.net/publication/273568964_Geological_and_petrological_aspects_of_Ni-Cu-PGE_mineralization_in_the_early_Paleoproterozoic_Monchegorsk_layered_mafic-ultramafic_complex_Kola_Peninsula
GLA
Yes, it does!. Massive.
GLA
"At Volchetundra, new trenching work has now identified ore grades of 0.7 grams
per tonne (g/t) of PGMs over a thickness of 10 metres, and 4.7g/t of platinum,
4.6g/t of palladium and 2g/t of gold over a thickness of 2.6 metres. The area
covers a major intrusion with a strike length of 40 kilometres."
Does that mean what I think it means?