The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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So, realistically what announcement can we expect this week?
18,333,334 buy after the bell at 0.0502
@Shatner
That's ok - it means they can show an immediate rise in the morning.
Steady as she goes.......on your marks....get set....no false starts lads..?
I think you're wrong with your %s, but right it is wider than usual. They win both ways, bigger margin more per trade, narrower and more trades.
It's the crazy spread, from 0.0515 buy to a 0.0485 sell in the blink of an eye (15% up to 5% up) is ridiculous and people are still getting mugged of their shares. Keep them and make the MM's work hard for them. It's simple if no one sells then they have no choice but to raise both the BID and ASK to encourage sellers but if everyone said no selling til we get to 0.1p at least we would have some proper momentum here. It's been played it's that simple.
seem`s they are still trying to keep this below the 0.05s
Yes, the use of Roman numerals could be a fantastic indicator of where L.r's head is ;-)
I see LR has found the time to post his all-time RWC XV on his LinkdIn page, not the actions of a troubled mind IMO. On a dafter note I'm claiming it as a secret code as the Web Ellis trophy is made of Silver Gilt, that's silver which has been gilded with gold.
It must have been an error that as now been corrected. It looked like the price was going to burn, but now looks stable.
Seen L2 look like it does. Others with L2 take a look and ??????????
I suppose we can't rule out an intraday RNS - that would certainly catch a few people out
Would be good to see interest build steadily in anticipation of assays this week. I do think a lot of cautious investors are waiting on the sidelines for them in the expectation that even with good news they'll still be able to get in around 0.1-0.15 and have a chance of a 5-10 bagger. Of course holders like me always hope these nervous types get frozen out but there will always be de-risking and profit-taking.
Thanks Shatner I like a map. I think the geology is different with the alluvial sandstones allowing them to wash out the gold but let's not let that stop us getting carried away, we might have to dig ours out :) Nod to Oiltap - up the JORC and hopefully quality of the mets on the existing Lead, Zinc Silver plan and we're going to fly anyway.
Toral is close to the Mas Medulas ancient Roman gold mine.
https://bit.ly/2kVXMWX
@ Shed... one cannot post a URL but do a google search on the below...
"Spanish researchers find vast Roman gold mines in Spain using geo-archaeological techniquesResearchers from four Spanish universities have found and mapped the largest gold mining complex in the Roman Empire, in the province of León."
Strange but I still can't seem to add to a thread so I started a new one with a de-ramping subject header for balance :) I agree Bricks it's fascinating and I believe we're set to become the hottest property on AIM, however (and probably a bit hypocritical of me to say this now) but we should caution against getting ahead of ourselves on the Au should there be any disappointment if the assays merely show flippin great commercial quantities of Lead, Zinc and Silver. Gold does have the power to do strange things to people. Tragic probably but I was looking at some Google Maps images of Toral and it's interesting to see the real thing. This from the N-120, some sort of aggregates plant?:
https://www.google.co.uk/maps/@42.5261484,-6.7953874,3a,75y,157.06h,93.82t/data=!3m6!1e1!3m4!1sOq0-AcyS8HKx2LWPNWAQ8g!2e0!7i13312!8i6656
and this snapshot of life in Paradela del Rio just outside Toral with our mountain behind:
https://www.google.co.uk/maps/@42.53368,-6.7845203,3a,75y,181.2h,80.25t/data=!3m6!1e1!3m4!1syUoM2srQbZmiAtWB8HFeQw!2e0!7i13312!8i6656
- as I said woefully sad but I'm a bit of a maps nerd.
I also tried to look into this aspect some time back Shed and thought that the fact they only added Silver to the Jorc meant that there must have been insufficient resource to include gold or copper at that point in time. By all accounts and with the additional drilling campaign the playing field has changed since then and judging by the levels of excitement it does appear that EUZ may have struck "gold" in one form or another.....Interesting though LR talks a lot at "product" level and seemed unsure exactly which "product" EUZ want to make "saleable" . So my guess is they have more options now hence using Wardell Armstrong as mentioned by himself in the interview......very interesting time ahead I would say.....a bit like the a well known curse...."May you live in interesting times !!"
Sorry 5km SSE for anyone who is interested, (almost the perfect ramp). Seems Lurcio and Biggus D***us were mining by diverting vast quantities of water by aqueduct to wash away the hillside undermined by tunnels (similar to when the US gold rush went industrial) so you'd have thought our shallow drilling last year would have picked up the presence of Au if there were similar deposits. Still the biggest gold mine in the Roman Empire only 5k's away is interesting if nothing else!
Now are you sitting down? In a break from gardening I watched this again https://www.****arkets.co.uk/articles/q-a-with-executive-director-of-europa-metals-euz-laurence-read-e27e398/ At around 12.20 mins LR mentions a certain element which is rather precious and then quickly says "maybe not", an irrelevant slip or not well you decide. However before you all think I'm mad I recalled the famous Las Médulas, the Roman Empire's huge Spanish gold mine so I Googled it and guess what it's in Leon like Toral. Interested yet? Well you might be even more interested to know that on Google Earth you can see for yourself that's it's only about 5k's SW of Toral. That's quite interesting I thought.
LMAO. Are you sure it wasn’t along the lines that once all the results come back we will be bought out for over a penny a share
Couldn’t of been that important let’s see what happens Monday
Thanks for breaking the awkward silence Birdman but I've forgotten now.