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I'm looking to buy back those I sold yesterday. Where is the bottom?
Sold at 0.41, still well up.
Cannot sell on HL
All looking good but I feel the need to top slice just in case!
looking like a good start then, I have to take my car for its MOT so will miss the first hour or so, will catch what i can on the mobile...
Heres to a great day!!
DIFTK
Looks like we have a good starting point here, offer 0.55
This is a market correction. BZT are re-rating based upon the underlying value of their assets/projects/resources. The market will decide fair value butbfurther drilling and improved resources will only add value.
4 projects full of copper and gold do not equate to an MCap of £11m. Not making any predictions but the BZT MCap is underpinned by its 20% in MMIH, it does not consider the $400m NPV for Mankayan, its considers nothing from Hope and Kalengwa and we never even mention Eureka.
Good Fortune to all today!
Thanks for the reply trellis
I was in sou with you in its bull run so understand your caution
eyeguy ..let,s hope so
1p today?
IF i may.....
It only just occured t me that both BZT and UFO have made massive rises ON NO NEWS.
SO, it could be simply that embittered investors are just investing in the best mining bargains ahead of anticipated BIG PUSH. They just want to be in this sector come what may and are probably creating a buying frenzy. Some of the posts that i have read on other boards have been from investors NEW to mining (their own admittance)
Say mo more...it's TRENDING?
Forgot about the FED pumping masses of liquidity into the market, resulting in a devaluing of the dollar. But you get the picture, minerals good.
@Groover there was news, you just haven't read it in the sun.
JPM saying short the Dollar, Mitch Mcconnell not looking like he is going to support trump getting Stimulus through, trump not winning the election, Brexit, rising Corrona cases and the list continues. The market is making a swing to safety and that is visible through gold and silver replicating 2010.
The reason this stock has shot up, is that the above situations are leading investors to analyse companies such as this, resulting in a re-rate.
The price went up because there was massive buying pressure simple as that mate! Look at the volume its insane. Volume like that always precedes a huge rise i suggest you do some more research instead of trying to scaremonger.
You are giving advice based on a hunch, now it is no longer in your interest for the SP to rise.
If you check the RNS.... 8 were PME's and 1 was from the company saying all relevant info is out there.... price then went up...
I suggest you re read the RNS again before spouting drivel
DIFTK
Well Groover I hope for everyones sake on here that you are wrong and it is you that have shafted yourself more profit. Profit is profit, so well done on making it. I hope people do not take your advice because this still has masses of fuel in the tank and you certainly will not be able to buy back in at your original price.
Agree but because of concerns now.
Picked up 1.5M this morning below 29 but sold out by 1625 as now have genuine concerns another MM classic P^D.
Why.....first massive lift in SP on no real news
No less than 9 NINE price monitoring extensions but not once did they put the breaks on. MMs wanted price higher and no doubt cashed out this evening or will do tomorrow morning
Newbies here will be spiked again and if still in I would be selling by 0830 as soon as the first drop in sp occurs as I'm sure it will and it will be horrific if its true to form.
I never NEVER buy and sell on the first day, always a LTH but thus has hallmarks of classic PD and bzt don't have the best history either. More convincing required here big time.
Exactly right Steve. Closed the day with a giant bullish daily marubozu candle. Which indicates continuous buying pressure with a close at the high hence a good day tomorrow is nailed on. Wouldn't surprise me if it gapped the way it moved in the last 15 minutes. MM's had clearly held some trades back from being published until late on. Shorters beware!
Yeah, I wouldn't want to be shorting this stock when it did what it did at the close of the day.
Good luck trying to short this
dickie let’s talk at the end of the week. shorts have a word here.
Cape fear- Hope is in Namibia. Nice try though