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Got to be the cheapest mining stock on AIM based on risk v reward
sold some today. Bought at .031 sold at .045 and .042 . No update from the company made my decision. Still hold quite a few so hopefully they will put out some news soon.
No they don't issue one when it drops 20% or 50% in a day so why should they get a speeding ticket for a correction and rerate?
The uplift on Monday has not been backed up by any news from the company so hence people are running scarred.
We didn't get a speeding ticket though so that positive? I thought on AIM a company must register an update if share price lift by +50%. can anyone confirm this?
Still up about 40% from the lows in the 0.028s. I think it's just churn and next wave should take us up to 0.065 where the volume profile price of control sits for the last 2 years (i.e. the average level where most shares changed hands). To start with at least.
We we hovering around .034 before Monday iirc , so still holding some gains . Patience , this will not make a serious move until funding is sorted .
so all those gains have pretty much gone now. Ridiculous!
A few 1 day wonders bailing at a loss I guess ... anytime you do 50% plus in a day you’re going to attract them unfortunately.
Suspect the latter. Spikees spooked?
Any particular reason or just normal AIM b%ll%cks?
His LinkedIn profile.....
Non Executive Director
Company Name
Tomco Energy Plc
Dates Employed
Dec 2018 – Present
Employment Duration
·2 mos
Location
London, United Kingdom
Non Executive Director of Tomco Energy Plc
- US Unconventional project, Utah
- Working with team to look at oil shale economics in Utah, USA
Maybe someone here who has contact with the BOD could confirm?
He isn’t listed as being on board on TOM’s website?
With the performance of the sp here I would be a little concerned at him spending ANY time doing anything else than getting this sorted. The recovery so far is simply based on a seller being done and a natural bounce back up. To get the sp back to 0.1 or more it needs some comments from the company and that is where his ENTIRE focus should be imo.
Does anyone here know if Laurence actually took up his position at TOMCO? there has been no confirmation of him starting on 1st Jan?
Only 1 trade today so far, looks like people waiting for some comment from the company. It could easily double from here on 1 positive announcement imo.
It shouldn't take too much to push this share back out of the S-bend and back up the J-curve. World class assets near all necessary infrastructure and in politically stable countries don't grow on trees after all :-)
5% fall back so far today. I would say that is a great performance. Looking forward to some upbeat news to set this off toward 0.1p soon.
Last time there was any real movement on this share was about 36hrs before the down turn and ss relate.
I predict positive news in the next 24 hours . Gla
Buying seems to have cooled last hour. Maybe they hope to get in cheaper. Will probably be disappointed, but if you look where we fell to, anything possible.
Just doing their job.
A couple more decnt buys could send us blue, then it could get interesting again today.
Eeeh, tricky, aren't they?
There are some buy orders being filled
the mark down was false this am. They left it 51% up yesterday so they could try a red open to hopefully shake some weak holders out.
Nothing doing there so buyers come in, looks like blue is coming today.
Yep...looks like it will be another high volume day....I suspect a heavy buyers order is being fulfilled......