Firering Strategic Minerals: From explorer to producer. Watch the video here.
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D2B Are you being ironic or have you not had any exposure to small cap drilling? If you get time, you could pick a couple, or maybe 3-4 O& G minnows and look back at their SP performance/chart and correlate the SP movements with pre-spud announcements, confirmation of spud date, anticipated drilling time and then completion of the drilling. You might find that a price rises up to spud announcement and then if the drill is likely to take 6 weeks or more then the SP will drop back or drift sideways and then it might rise again towards the end of the anticipated drilling time etc. Usually there then follows a drop off on the SP until they start some sort of 'testing' at which point folk will get back in to a stock again in anticipation of a good test result-Many will bale out as close to the test result announcement as possible on the basis that more often than not, the testing isn't as positive as the hype may have inferred.- and better to take 15-20% profit for sure than hope to fck that the results are good. TXP for example went tips up over the last couple of weeks because a so-called world class well, was 'not' what was implied or expected by either market or the company. It was like getting a slap in the face with a wet fish!. .
Anyhow, if you can be bothered, look up some of the oilers and map the chart against rns's to see what you can find.--I expect a full report in the morning lol. FWIW, I got out of HE1 two days ago on the basis that there is a bit of time to wait for confirmation of a drilling plan and spud date although I shall keep a close eye on trades and when it seems to be somewhere near a change of direction or there is a bb buzz, I will buy back. I cant really say I'm a trader as I usually hold on to a stock for too long but sometimes I give the trading idea a go. The rise here was not really founded on anything other than praps the new president comment about Helium and therefore a retrace was likely. If it gets to that magic 10 or near enough then I would put the money back in again--or if we have gone past the end of April with no news by then I would buy in anyway as news would be close. In the meantime what is likely to happen is that there will be a stonking rns next week and I will have my pants down at the time and miss out entirely which is the risk we take--we shall see. Of course if you decide to buy more, keep what you have or sell its up to you, whatever you choose I hope you make some money along with every other private investor that entrusts their valuable cash in the hands of a complete stranger CEO.
Ezhik
Thank you for taking the time to write such a helpful post. I'm going to file it away for the long-term. At the moment my strategy here has been buy 10,000 shares, hold them and try not to look for a few weeks/months. But you have given me a lot to think about. Especially if I choose to add more. However I'm not gonna touch those 10,000 (just in case something happens). Thanks again.
looking goood
@Ezhik, Not selling yet, still building..
Thanks for taking the time, very much appreciated..
No exposure at all, and I will ask the most basic of things, sometimes just to confirm my understanding.. Often 1 step back is 2 forward.. So far I have had to do lots of reading to understand peoples replies.. The replies add context and understanding, eventually..
It also benefits those who dont like to ask..
My initial investment was based on H&P's £1, and maybe 32p for just 1, and a smallish holding.
7p to £1 is enticing..
After a lot of studying I think this is worth a bigger bet..
I just need a plan, instead of sh or bust..
Ezhik
Thanks for the tips in your last post. Having said that, I think I need to keep an eye on you, my dear; you posted this to me on the 13th at 0900:
Ezhik
Premium Member
Posted in: HE1
Posts: 5,522
Price: 13.40
No Opinion
RE: Drilling rig spec13 Apr 2021 09:54
"S T. Bought mine months ago 8p, it went backwards a bit and drifted. So annoyed with myself that I decided to buy more about a week ago-after the hols but got tied up trying to sell elsewhere and the sp went up, I waited for a retrace but it went up again--and then finally bought again early yesterday, overall in a reasonable profit with average below 10p which is always a more cosy feeling. Hopefully those ground surveys, existing data and subsequent interpretation by our Geo will direct the first and second drills to at least a discovery of some sort which will prove the theory and the SP will take off again. This has to be worth keeping to see it through".
Yeah, Ezhik, I will keep a "very" close eye on you matei... ;0)
ST
ST
Are you going to spill your plan..?
It could have faults, even trap you, the BB could give it a seal of approval
Missed a few peoples posts, staring at price graph
HL have a share price chart with events..
Dai2belts,
I will tell you my plan if Ezhik can explain to me how he managed to buy HE1 9 months ago, when this share IPO was 5 months ago. ;0)
Good night all
ST
lol, thats funny, you need to wipe the smudges of your screen, and you dont have to tell your plan..
you are going to be embarrassed...
He said 'mine' not 'nine',
I thought you were querying buying on 12th and selling days later,
I remember Trek mentioning comparing historical prices...
Quote from his post 12 Apr 2021 14:08
"For predictions best to look for SP comparisons as the market can repeat behaviours and take it from there.
For this phase with punters taking a position ahead of a transformational drill look at the chart of BPC from sept 2010 to Feb 2011 3p to 25p!....."
So Zacs chart 18p,
Canaccord 20p,
BPC comparison 24p,
But we got an extra bonus drill, so 3 wells with 3 targets, plus Bonus well and X targets..
Noob mentioned this video, price movements from start to finish of a project, exploration to production
https://www.youtube.com/watch?v=xDFAKWTVe8k
dai2belts....doh! I am embarrassed already!! Doh!! Sorry, Ezhik, I got crossed eyed as it was too late and a few beers, but still going to keep an eye on you nevertheless, as per the previous post. HAh!
Dai: "I thought you were querying buying on 12th and selling days later".
I was. ;0)
PS: Plan is to wait now till I get my shares for 10.5p. Nothing special, mate. With me I don't do day trade or swing trade; I read about a company, has good fundamentals, and I see a future I buy and hold. I don't have any master plan and intricate trading tactics, become a prisoner of traders games along the way.. I buy and hold, it is that simple.
Do you know that 75 to 85% of day traders lose money in their trades every day? It is a fact, just google it, so I stay away from trying it. I can average down or up with my shares purchases, and that is what I did here and will do in the near future. I just don't want to be out of HE1.
Good luck mate, and thanks for the mine/nine thingy. :0) Going to stick my head in a bucket now.
BPC comparison 24p..Is just Seismic..
RNS 3 February 2011
Completion of Seismic survey and initial results..
..that was then followed by placing to raise funds
We need to petition LSE for a delete own post option, I have posted replies after misinterpreting posts..
Good night, another penny tomorrow..