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1981 you say you are long time in, what invested in a company that you think will suceed and you are invested? or you are long time in for a sneeky short!! I dont understand your negativity?
An honhest answer would be much appreciated
GLA
DK
Excellent summary addicknt! We are heading to that crunch point. Of monetisation.
You say people don't understand the catalysts, I would argue they are plain to see.
1. The announcement of the SR last year.
2. The merger.
3. The statements of Bob Sangha.
4. The very clear statement from Caldwell at the PDAC conference.
5. Mather's comments to the DGR shareholders.
And whilst I agree an imminent transaction is unlikely, the fact is the catalysts are most certainly there. It's all a question of timing.
I'm in long. Sorry that my calling out blatant ramping is annoying. I can see that it might be, as there is opportunity to do so often! So long as fort, red, bubble et al. continue to post rampy nonsense, I'll provide the logical counter narrative that they so hate. Not for your benefit, you understand.
I have said before that I think there will be a TO or significant asset sale here, and it's one of the options that keeps me here. Claiming it is imminent is a clear sign that people don't understand the catalysts for corporate action. They draw laughable comparisons to Noront, or claim that having Maxit on board means we're just moments away. I assume they do so because they're either being paid, or they're so far underwater they've resorted to trying to move the SP with their words here!
If you are betting on the share price going down, then that is your gamble, I understand that, the same antigamble I want the sp to be way higher than it is now, thats my gamble!! At least man up and state your intentions!!
GLA
DK
Addicknt many thanks for clarification on trade much appreciated
morning all. 1981 I dont post so often but you are getting on my t ts!! Are you a shorter? Come clean what is your agenda? Why are you so negative constantly?
GLA
DK
Sure, add, you're probably right...
1981, no, I don't. I think much of what you describe is purely a case of ignorance and is rarely of malicious intent. I've seen very few examples of situations on here where a poster may have tried to distort things, and when they have they tend to get a good kicking.
Ha! Add, you've inadvertently done Fort's homework for him, and answered your own call for evidence of misinformation. A month ago I challenged him to explain how BRs inter-fund moves were keeping the SP down (he was using this deliberate misinformation to explain the low sp and fit his rampy narrative). Unsurprisingly, because he's not very bright, he couldn't even find an answer on Google so just ignored both times I asked. Classic ramper behavior, once they've peddled misinformation.
Thanks on both counts. Nice to be vindicated. Hopefully now you accept that deliberate misinformation has been shared on this board. If you take the time to read back, you'll find countless other examples from this ramper and others.
Atb.
Sunstone drilling nearby
Can’t remember such high numbers being attributed to Tandayama….. but then again it’s been a long time since updates
“This region is also home to some famous neighbours: El Palmar is on the same regional structural belt that hosts the 2.66-billion-tonne Alpala copper-gold deposit and the 530-million-tonne Tandayama-America deposit”
This trade was an off-book transaction using the Echo venue and was a TNCP transaction, which is the description for a non-price forming trade. In other word, it was between two parties and had no impact on the market - it could simply have been the case of one shareholder shifting shares between two separate funds.
The Echo Venue is a system used by the LSE to provide transparency under the MiFID 11 regulations.
For gods sake , 4 trades
DCTA
Thanks rcgl2. So at the expense of sounding thick , when I press sell one any given stock , if there is nobody pressing the buy button at the same time where does my stock go that I've just sold? This is especially apt on very low volume stocks like data for example. The stock always gets taken up , but for that particular stock there were 45 trades today , so not exactly a queue of buyers.
Covgaz, market makers are still market participants trading for their own account using their own funds. They aren't some sort of unwanted stock repository where real investors can offload or pick up stock. So why should their buying and selling be negated by the market only reporting the opposite side of their trades?
They are making money from the spread so if they buy a stock from you they are incentivised to sell it to someone else for more than they bought it, or vice versa. At the end of the day if a market maker has built up a long position and needs to reduce that they are going to go into the market and sell stock, not to facilitate other investors dealing but for their own reasons. Therefore I would treat their activity equally with all other market participants' activity, meaning trades where a market maker is on one side shouldn't be reported any differently from any others. Every trade is a buy and a sell.
Also A trades don't involve market makers, they are trades between two direct participants in the order book. So literally a buyer and a seller matching.
This every seller has a buyer? Correct me if I'm wrong , but doesn't the market maker "buy" the stock? Isn't that their job , to make the market work? If they didn't buy the stock and keep it on their own book , there would be no market.
SM, agreed. At the end of 2022 BlackRock had over $8 trillion in AUM... And inflows of over $100bn in Q4 alone.
I don't know why people get so het up about them. As I posted just before Christmas they've voted in favour of nearly all resolutions at the last few AGMs. They even voted in favour of Nick Mather's re-election when the majors were voting him down and causing him to quit as CEO.
Rich, every trade is a buy and a sell. The seller sells the shares and the buyer buys them. If you wanted to buy more shares, someone has to sell them to you. If you want to sell some shares, someone has to buy them off you.
You can't say that any trade is a buy or a sell because it's both. That's why they are just reported as a trade.
I’d like to know why Blackrock selling too SharketMare. Makes no sense to me why they would hold for all these years, then sell out whilst we languish back at these levels.
I’m sure I read that they are a holder of Jiangxi stock and I’m pretty sure they own a chunk of BHP, could their selling be some sort of conflict of interest ?
Anyway fingers crossed we don’t have too much longer to wait out for some kind of positive direction following the year of drift we’ve had and roll on the end of this whole sorry saga
Thanks Rich. It would be a pleasure to meet anyone from this BB , hopefully the 15 years you mention is tongue in cheek! Cheltenham is soooo good this year , takes your mind off this dross for a week.
Rich, I agree. I remember when the market was liberalized in the '80s the old guard wanted to cling to as much opacity as possible. They hated any attempts to level the playing field between professional and private investors and the truth is they were successful. This attitude still pertains with the conivance of the authorities.
Sector M&A coming -
https://www.kitco.com/news/2023-03-15/-Consolidation-has-to-happen-Integra-Resources-George-Salamis-on-M-A.html
covgaz - when SOLG comes good in 15 years’ time lol, you and I must share a pint, because I reckon we share similar humour and we’ll need that bloxdy pint !