The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Not a huge amount of initial cash, but at least more available for drilling once the Ragged Range assays are returned and Thor can narrow down drill target selection at that tenement.
Nice bit of money al helps now release the golden gold update please
RNS out..
No news yet then?, let hope this hold up until we get some?
LK77
Totally understand.
I have seen it happen to me many times, the minute you sell, bugger goes up substantially the very next day...LoL.
Many thanks All, actually I was expecting a news by mid november which we are in now, we missed last Monday and this Monday . I hope we do not miss the whole week. Otherwise it's difficult to keep holding the sentiments while the share like RMS in front of my own eye went from 1.1 to 7.2 and I was watching it but my money was stuck here.
I've nicked this post from OMI - A contributor called Eldorado5. He is talking about OMI but this is relevant to here
Well played Eldorado5!!!!!!!!!
I agree Phoebus. I think everyone has a valid point here. The share can move in anticipation of news; on news or after news. It can move on sentiment and no news. It can move on a Colombian lockdown or vaccine developments. Banks could fail and it would have an impact. They key though is to be patient and that means more than a few months!
If you take a look at other Gold and Silver mining shares, you'll see most are high %'s off their 12 month highs. Barrick is 23% off its peak, First Majestic, 35%, Hochschild 43%, the list goes on. Orosur at 50% is off. Is this cause for concern? Well, no, not if you believe in the big picture. The stock markets have reacted positively to a potential covid vaccine and the usual big boys such as Apple, Google, Facebook and Amazon are sucking money from the touchlines and away from precious metals. Few people will have Orosur or precious metals on their radars yet. But this is short term. Seasonally, October and November are poor months for precious metals and Diwali hasn't ignited great demand this year but we are entering a seasonally good period between December and March when demand for the physical and mining shares is usually good. Professionals will be adding here and at some stage, money from other big boys and girls will start filtering into mining shares and then there will be a clamour from Joe Public through very very narrow precious metals and mining shares doors. We are tiny markets but when demand ignites it will ignite! I saw it in the early 2000’s and in 2010/11 and I’m anticipating it now. The ducks are lining up – but patience is required.
LK77 - metal plays like this sometimes take months to realise .
If you believe in fundamentals , one should hold whatever they can for the reward. There are many examples to show the need for patience ie GGP and now EUA , which many including me have learnt the hard way
cheers
Mk
I think all the covid news has to come out and this has to give us good news as well.
Completely understand where Lk77 is coming from? Very frustrating share at the moment and seems to be treading water and going nowhere? But you just know thor has got legs, and at anytime it could have a big day? I am sticking around for the ride to see where it goes? I called the finish price incorrect too, nice to see a different finish? Even if it was lower lol
Nope, not this time, could only manage to settle at 1.20p finish today.....bit disappointed but it's ok..... come on, let's bring on tomorrow again!!
lk77 chasing small rises when you could sit it out and see what the latest RNS brings. If we start moving here im sure your 30kwill go much further!
It's a bit of frustration, if No good RNS and price move by Wed, I will be out with my £30K investment at a small loss. Keeping the money up here and not able to put somewhere else is a lose , Market else where is responding good with Vaccine news.
Yup, it's another Groundhog Day but I wouldn't surprise if the SP finished the day @1.25p once more, as the range of the SP is exactly the same as the previous three trading days .......
No prizes for guessing where the price ends up today? Bounce around the 1,15p until just before close and miraculously end up at 1.25p as per usual
We expect the new RNS, it's due for long time on the Gold Assey.
Me too, Tinker...slowly, steadily and solidly is the best.
I'm quite happy with slow and steady. Nothing but onwards and upwards form here.
Mr P, let's hope so....
Yes, for some reasons, the SP has been kept at this level for the past several days. Something is cooking I suspect. I believe news(let's hope it will be a good one) will come any day now....
Yes, bit annoying that we could not Hold above 1.30 last week. It takes few attempts to break that 1.30 which would be normal for any share. First breakout to 1.40p few weeks back tells you, current leg UP is in place and this could firmly breakout to New high on next positive update from Ragged range.
Let's look ahead to next week and take on this stubborn 1.30p resistance. In order to break it and hold, we need news flow..... hopefully there will be something nice coming soon....... Everyone sit tight and stay tuned also remember: "GOOD THINGS COME TO THOSE WHO WAIT".
Thxs Mr P; Artemis having a top up in THR is good guess , especially them having good cash balance having recently sold some of their quite assets ( on their ARV recent RNS although they dont mention the sold assets) . By the way i am in Artemis too as punt which is 1.5kms near GGP land .
Cheers
MK
Yes bsg4:
We know you been 'struggling' for past 3 months.
Love the entertainment you provide. Don't you go anywhere...
Kumar
Nice top up. Very timely I think.
Just a hunch but just may be there is Block Buy order being filled by MMs......ARTEMIS topping up may be ?
Speculation off course. But will not be surprised.