focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
they are short and extremely caught... news is ever closer and this is not a time to feel sorry for them!!
Absolutely, but i wont be selling! lol
MM's will take my whole holding for 5.2p
Wow! This is moving so much on such little volume! very exciting
Interesting thought, a pound a share... It did trade as high as 2 quid a share in the Tanzanite 1 days, but to get there, we'll have to have a pretty massive upgrade in the amount of reserves there. I'm sure there is still plenty to play for at JKL but the interesting one is Jennings Pioneer next to August, Georgia, which is right next door to Barite Hill which was mined on the 90s until the owner went bust... Sons of Gwalior I think...
Anyway, I'm pretty psyched up for the JORC announcement but to get to a quid a share we'll need something else thrown into the party... The stock is moving on anticipation of the reserve announcement. Bring it on...
Also worth noting - even though last few days have seen double-digit growth, volume has been anaemic all things considered. Not even 1% shares being traded. What happens when we have a blue day with 2m+ volume? I'll leave that one open for discussion...
My 100 was referring to RSI not share price haha
I love your optimism and I think you are right, the road seems clear here and any buying will send this higher.. good news will clearly exaggerate upward momentum
RSI only just entered overbought territory on the daily so potentially a pullback but I reckon we could rip it until it hits 100. No loose stock so buys still sending it higher. All to play for.
I've been hearing similar stories from my broker about the MMs being short.. I'm expecting a bit of consolidation at these levels before we resume the upward momentum, but there is not much chart resistance at all in this area... Looks like we'll be testing the 2021 highs at 6.5 soon...
being very very short with news due very soon is not a great strategy in my opinion
Decent holding. Looking like you'll have an op shortly in the 5s no doubt.
One of the more frustrating aspects of the small cap area is that investors tend to overhype the best situations, something which can very often lead to some left holding the baby in terms of paying too much for their stock. What is interesting about Lexington Gold (LEX) is that while there is good interest here, it does not seem to be overblown – yet. Key phrases from its recent interim results were https://www.share-talk.com/traders-cafe-with-zak-mir-a-week-in-small-caps-sunday-9th-october-2022/
It's been a great couple of months. JORC should land in a couple of weeks. How high can we go? who knows. Could be due for other news such as increased land holding, review of geophysics/anomalous readings in light of new discoveries (L. South) etc. From a trading point of view, herd nowhere to be seen so we've not really seen high/heavy volume come into the fold yet. That could be a serious catalyst for the share price at some point.
At the very least, we should be in for an exciting and very good October.
About flipping time too if you don't mind me saying. This company will hopefully be going places soon, to be honest wish I had more to invest on the recent dips alas not.
Good luck all
Our time will come
Where's two pennies?
ALWAYS BELIEVE
YNWA
Chart turning positive if we are closing around here... JORC at JK just around the corner... Tension rising? This thing looks like it's getting a few legs.. All the chunky trades so far were buys. Only small junk sells. Someone's picking it up.. Stick with it..
and now we enter the 4s
More volume going through in a tight market.
Of all the brokers I have used HL are at the bottom end. I too could not get a quote for this stock but the issue with HL (& some others brokers) is that even when the quantity you want to buy is within market size it still shows NT yet if you place a limit buy chances are it will most probably get executed provided your buy price is at the buy quoted price or higher. At least this is what I have experienced.
Yep, volumes getting better. JK JORC hopefully by the end of October. Be great to continue building on the past 4 weeks momentum.
Good to see a bit of two way volume with old shareholders being replaced by the new who have a greater belief in the stock. Long may this continue and hopefully WHIreland can get a research note out that will excite their client base
you can sell them!
Peace and Love
Got it. Tks Flops. My broker calls the MMs. They can usually get quotes in 100 to 500k. Any you can bargain with them too.
NT = No Trade available - ie they cant give me a quote to buy, as they have no shares available
Agree with you Ippy. Using a real broker to talk to the MMs is the real strategy on small AIM stocks. HL maybe good for HSBC and Shell, but they don't have the first clue about stocks like LEX. Anyway, as an aside, we have the maiden JORC of up to 100Koz to look forward to. My hope is also that CEO Bernard gets a bit strategic and let's us know what the plan is for the next phase. I am hoping we stick to JKL largely as we know that both are open at depth and along strike and represent that fastest and most certain way to add shareholder value rather than drill Argo let's say!
After the JK JORC, we will have around 200K of open pit ounces. Romarco sold out for US$350 an ounce in 2015 when the gold price was $1,200/oz. Given the undrilled anomalies and the fact that the JKL prospect is still open everywhere, I am hoping over the next 18months or so, we can get up to 500Koz of JORC reserves. And then we still have Carolina Belle and Jennings Pioneer with potential to give us upside.
By the way, forgive my ignorance, but what is "NT"? Can anyone put me out of my misery?