The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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General observations
1. So easy to criticise with the benefit of hindsight
2. Profits or losses only materialise on a sale.
3. The market is incredibly hard to predict as it doesn't often act in a logical fashion. It plays on sentiment largely.
4. If anyone here hasn't made a bad call on an investment - then they aren't really playing hard enough.
Stick with the underlying basics of the GGP story and give it time.
Have a great week.
Your track record is excellent MasterRSI. And by excellent, I mean absolutely atrocious:
On 88e, 15 April, SP @ 0.255p
"Paying full offer 0.26p for some time now, meaning another move up should be on the way"
88e SP is now 0.1675p
---
On KEFI, 11 April, SP @ 0.59p
"The stock is going places today on this bounce back, and another "AT" @ 0.59p and the price has moved up again 0.584 v 0.596p"
KEFI SP is now 0.526p
---
On GGP, 5 April, SP @ 6.10p
"6.20 v 6.30p,
do you want more?, then KEEP Buying"
GGP SP is now 5.58p
---
Notice to all - even a broken clock is right twice per day. This guy is a chancer.
The closing Candlestick was a HAMMER, but most of the last movement was due to the higher UT at closing.
"BULLISH HAMMER: This pattern occurs at the bottom of a trend or during a downtrend and it is called a Hammer since it is hammering out of a bottom. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range "
chart of GGP .. https://uk.advfn.com/p.php?pid=chartscreenshot&u=or/GNPPy2fkW3CjVpYwF3SP3XRrjcOo/bmYhjIpQ1tQ=
Hammer shape..https://i.postimg.cc/6552CKy6/Hammer-Candlestick.jpg
Met Kev a couple of times - like me (in the old, old days) I also worked as an electrician in and around Kalgoorlie.
He actually did me a favour at the raffles hotel in perth 1985 - remind me to tell ya about one. It will cost you a couple of pints mind 😂🤣
NMC 4bill fraud … taken out of the company and sent to India… financial accounts were fraudulent and auditors missed it…. Nobody in gaol and shareholders lost their money’s
Mh01 NMC were a ftse 100 company aswell !! Not just aim thats dangerous
Very true speedy but we can do without Francis mk2 😜
Trippy we keep getting told we’re in elephant country, so you should expect a few.
Oh speedy we nearly went the whole day with everyone ignoring the elephant in the room! (Well done everyone) let’s all try again and who knows the elephant may just give up soon 🤞
I have no reason to be negative long term. It is a question of timing. I may be more cautious than others, and just for me it appears on this board, and I suspect others resuming the decline and getting whatever happens around Newmont disposals are factors to get out of the way.
I’m not gung-ho, that much is true. I can afford to wait, and find how different people view it interesting.
Just yanking your chain Ace 😂 You stated the other day that some might know who you are, I’m just having a wild stab in the dark that you could be that famous ex Aussie miner/songwriter KBW
Speedy - Some people just do not know a "gift horse" when they see one.
Spade - I am not sure how to take that.
Speedy - I have a gut feeling that it is not too far away now.
Hi Culpepper. Why oh why do you always have a negative bias. With multiple variations on financing available, a processing plant just down the road, a decline just short of the ore with a pond in the way and a BODs with all the expertise to bring it all together. Huge FCF coming with the POG/Cu rising and profits incoming for decades. Cheer up man all is rosy. ATB Speedy
Hi Ace. Looking forward to that day, not too long to wait. ATB Speedy
Hey Ace, are you good Ol'Roy The Rooter by any chance ? 😂😂😂
NMC Health… Indian involvement… fraud… sent monies to India via their related company that did money transfers. Shareholders lost the lost, company went bust, creditors took over.
Spade - “If my aunty had balls, she’d be my uncle” !
Remind me to tell you the one about my Auntie Sheila if we get the opportunity to meet at some knees-up celebrating our new found wealth sometime in the near future.
Lend a billion at a decent rate - mmmm I tink I know someone who would do that.
Colossi.
I doubt it’ll come to blows between the colossae of the mining worlds.
Https://www.proactiveinvestors.co.uk/companies/news/13364/northern-star-resources-swoops-on-paulsens-gold-mine-16305.html
It’s been done before and it’s been posted before,although most are and were already well aware. Achieving the “tall order” is what the “heavyweight board” are here for.
While we wait, just for fun in the first paragraph substitute Greatland Gold for Northern Star and Telfer for Paulsens and imagine. You may say I’m a dreamer but I’m not the only one.
GLA
However you look at it, any immediate challenge for Greatland, whatever might occur around Newmont divestment, is getting to mining, with the means to process the ore and get cash in to support mine development and exploration.
Thanks Speedy!
Was just concerned that we may be forced to give up some of our holding (after my parents' prior experience with certain Utility Companies).
I was also invested in a company called Essa Oil & Gas (some years back now) whereby the owners (the billionaire Ruia Brothers) initially IPO'd the company at north of £5 only to force shareholders to sell their shares back to them at around 40p some years later, having intentionally driven the price down over that period.
Many (including institutional investors) lost a fortune (I made a a modest profit of £400 having been late to the party) but as such I will never invest in anything with Indian involvement again (even more so after the recent sh8t show at Shanta Gold, where investors have basically been robbed, as all engineered by Ketan Patel!!)
Hi Culpepper. Just looking to the future. ATB Speedy
Hi Charter. HELLO, HELlo, HEllo, Hello. ATB Speedy