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Sam - good spot earlier I had a look but couldn't see on my platform at a later time what you had seen ... the late buy confirms what you were saying ....
Top whack indeed.
5 mil buy at .13p near the close.
Sam, not exactly rapid reply but just did dummy 1M buy and could pick up for .1195.
A 5M dummy buy went to NT
SP therefore pretty strong if you need to pay close to top whack for them...
NT on buys via Halifax. Anyone else NT? Can sell millions
Well, thats my last 2 top ups . ISA Full! Over to you now PC
Phil the Spread - re HMI - spot on _ I have gone thru HMI acs and they aren't great reading, prepared in a Canadian format, UK registered working in Mexico - too heavy management, printing shares for themselves to reward turning ups for work, expenses look too heavy for their business model, but the BOD have put skin in the game and may be taking it back out any way they can ... I bought some at 5p so happy to give them a while to land a decent sized contract....I sometimes find that placing two similar investments / bets acts as a positive hedge rather than taking out a short which I detest although understand most firms take them out... but the mine is perfectly placed and the product has good credentials - its is AIM most BOD's are a bit sub standard that is where the rapid rises can come in when they get their act together.
SRES to my untrained eye looks a better bet - product has more uses so increased sales channels - in a safe jurisdiction where lots of building and cannabis plants are grown.....
You get these unhinged idiots who turn up and ramp or deramp. Tottyman, he was one and disappeared no idea why he left. Remember willywagtail, what a complete fud as ramped and didn't hang about long.
Why can't ii just post honest posted, good or back but backed up by research.
Thanks for the mention rodster. great post!
Is it just me or is ADVFN a lower mental knowledge of posting? It just seems to be very aggressive posting on there. 1 poster called "thearseanator" on SRES board , ADVFN , he just seems to talk to himself all day. Very little knowledge and talks about day trading SRES. What a numpty! Unhinged if you ask me.
Aimbamb on Twitter group asked a good question today. Will we get an RNS once the SER's are finalised and sent in to the BLM? If yes, surely we cant be far off completing it?
At the meeting the information and reporting requirements for the Environmental Assessment were established. The requirements include the preparation of various Supplemental Environmental Reports (“SERs”) which set out the impacts of the CS Project on various resources (e.g. water, air quality, wildlife, soils and vegetation etc.). The majority of the SERs have already been drafted as far as was possible ahead of this meeting and can now be completed quickly. Once finalised, the information from the SERs, the Company’s baseline studies and Plan of Operations will be combined into the Environmental Assessment document which is subsequently put forward by the BLM for public comment as a part of the final permit approval process.
I wish lse actually had a top 10 list for the best posts for research in a single company. We would be in top 10 . Sam, mini, dubs, comeon and many more who continuously research, good or bad are great to read and please keep posting. It beats looking at sres advfn as loads are daytraders there and not interested in the basic research, ie permit and mous. I even gave a tip to a git over 2 years ago a tip on rbd to buy and hold and now hes trading it. Why did I tip it to him, I must have been mad.
That's why I love reading more and more research by knowledgeable posters.
Brilliant and thanks very much.
Dubs as usual an excellent post and thanks very much.
Minor correction to my last - my average is actually .1375p according to my spreadsheet (pls don't call me spreadsheet Phil)!
Good day here and seems a few folks are probably noticing post count and SP increase and doing some research.
I am off out shortly but couple of things;
1. Thanks SGD for your suggestions ref the list of why SRES is potentially an interesting investment.
2. I think the comparison with HMI (Harvest) by Mr C Cups is interesting and certainly can seem similarities. I held there but got out at a good point.
I feel there are a number of downsides in the HMI story (that I witnessed as a holder and then interested observer) versus the SRES story. I feel not fair to go into a lot of detail but very superficially the size of the management team there, the incentive plans (more issues shares / dilution), the big fund raise (dilution), the problems with the build of the new processing plant. I wish all there the best though and you deserve it coz there was a rather painful poster over there who I used to get annoyed reading his posts...
Touch wood it ain't too bad here although some of the moaners when S.P dropped a bit are not posting on the rises.
Hi Samspade4 - thanks for the heads up ... are you really sam spa from Germany ?
Coffeecups, Mineralex stands for mineral expert not Miner Alex lol. It does make me smile when I see it though lol. Nice average coffeecups
@Dubliner, great list!
"by all means add to it"
Just a couple of things that come to mind:
* The price of oil is currently holding at a reasonably low level. (As I'm sure people are aware, transport costs have always been regarded as a potential risk factor.)
* Income will be in dollars, currently strong vs sterling. (Of course some of the outgoings will be in dollars too.)
Alex - agreed - this looks very decent imo bought between .8 -12 so happy to sit here and wait .... the next commercial test should see this confirmed as a standalone perlite business.
I like simple mining and have taken positions here and in HMI as both have similar business models - the larger of the two positions taken here as its nailed on imo... buy low i.e at these levels, sit tight for 60 days, review ....
There will soon be Sunrise Resources on that list!
You know it Min! Up she goes! Only 1.5 mill available a .118 via Halifax
Unexpanded Perlite Market to Deliver Greater Revenues during the Forecast Period until 2024: Imerys SA, Perlite-Hellas, Cornerstone Industrial Minerals, The Schundler Company, Gulf Perlite, Midwest Perlite
Dealt us a “ROYAL FLUSH “
In all my days in business I’ve never seen a better site.
And I’ve said that right from when I first started posting.
Its not Junction but with a 100,000 share holding (Possible 350k shares) in VRR its all good for the cause
VR Discovers Large Gravity Anomaly at it’s Ranoke Copper-Gold Property in Ontario, Initiates IP Geophysics and Commences Drill Permitting
Dubs, Great post once again pal. You make me want to go out and buy more lol. On a serious note, Everything you have put is very accurate! What a great buy in price for a newbie or as a top up. Ramp No3 today lol
Sam, my 45M shares at around .145 (give or take) average is a pretty serious outlay on a micro cap so guess it says I am confident if not a tad nervous because the stakes are high.
I could list ad nauseum the reasons for my confidence but it would take several posts (might do that some time though). Am at work but kicking off a high level list so by all means add to it;
1. Very low MCAP (so lots of upside)
2. Down to earth / experienced Management (based in North of England) with skin in the game (PC has 120M shares) and very low Company overheads.
3. Negligible outstanding warrants.
4. Mine is located in Nevada one of the safest and easiest locations in the world for this kind of Business.
5. Closing in on Permit approval and that will be re-rate catalyst.
6. Ability to get into Production quickly and at very low Capital cost.
7. 2 separate products which are increasingly in demand and have been test in lab and on Commercial basis.
8. 2 MOUs already in place for one of the Products.
9. Forecast initial and future Production numbers that would if realised generate significant revenue and profit (we are guessing at margin a little).
10. Very simple dry mining - can mine in batch and do on contract basis.
11. Prospects to add value in future by investing in processing plant to create wider range of products.
Err so yes all things considered pretty upbeat on how things are going but as I say nervous as have put lots of chips on this colour (smiley face)!
Dubs, Do you feel much more positive since those last few RNS's (+video interview)? I certainly do! Buy price is looking good. 1 mill buy is .1184 , its .12 above 1 mill. Looking very good. News now will push this north quickly im sure..... Im ramping again! sorry lol
Good stuff Sam. In PC interview he hinted that the Cement Companies will have taken comfort from our Permit making progress - that says to me they are lined up to sign on the dotted line.
Nice purchases today...
This can move quickly when the momentum is with us. Perhaps one more small raise to Production.
Where is dear Angela now....
The signs are there!
Coal production falls sharply in Texas