Member Info for AbsoluteStockMan

Thanks ML, you seem to be an honest person, clearly well informed and have done a huge amount of research, I don't understand why some posters are such idiots!

As I put in my last message to Cev, I was looking for guidance and believe I have that, so thank you.

Cev

Thanks Cev and sorry I got yours and ML's investment wrong, I completely understand everything you have said, and no I am not looking at selling after a 10% rise (could have done that already!), yes, investing is "each to their own" I am just asking for some guidance and believe I have it, so thank you

ML

That doesn't really answer the question, I am here after investing from a tip on the RR board, I don't go in for tit for tat like some of the other posters, you clearly are well experienced, and have made good money from investing, I am trying to build an investment fund to buy a house, it feels like this is the opportunity, so are you 100% confident?

ML

I find your posts excellent, informative, to the point, factual, backed up with online reports.

I think you have said that you have just over 11 million shares at approx 6p a share?, surely you must have considered selling some of those at the current price which would give you a very nice return?

I currently have 35000 shares at 16p per share, based upon everything I have read/ you tube videos/ SB presentations, this seems like a golden opportunity

I am a small and new investor, your opinion (and I KNOW it's your opinion) is a strong buy, I am considering selling my Nvidia shares of £10k and putting it into EEE, so I guess my question is (excluding outside factors of another COVID, or Trump, or WW3), how confident are you that this company will grow to produce a SP of above £1?

10.92

Daveklein

Completely agree, so invest only what you are willing to lose, investors are getting carried away, but it's that classic risk/ reward scenario. Are you invested?

JUSTAGUYINASHED

Think you're a bit like me, been reading these posts for a while and it just descends into chaos!

It looks pretty straightforward to me, the company is basically pre revenue, has discovered a shed load of titanium, easily extracted, infrastructure already in place, I have watched several of SB interviews, it seems a lot does hang on the MRE, and yes the SP has rocketed due to optimism/ punt, as the company isn't really making any money. But the board have a lot of experience, so it's a question of invest what you can afford to lose, weighted with the risk of what you may gain. Investing can be risky and an AIM stock with a small MC is risky, but the gain could be life changing

Thanks Pault230

Completely agree with the "due to it being a mining friendly jurisdiction and no dodgy governments or wars throwing a spanner in the works"

Unfortunately "Freetrade" don't deal in AUS shares

Dusty

I have some HOVR shares, but not many, came to the party late, just watching really, do you believe it can go higher from where it is?

I will check those other two out

I have Nvidia & Meta shares, is that what you mean?

From one of the guys on the RR board, I'm 53, wife left last year, 3 kids live with me, she took all the money from the house sale

Just trying to build a house deposit in the next 3 years, or if I am very lucky to buy a house outright!

Dusty

I won't be entering into any bickering, it's about making money, both my GIA & ISA accounts are up over 55% in 18 months, largely due to Empire, Nvidia & RR, with some smaller gains in Barclays, TSMC, Alpha group, so at the mo I feel ok. Obviously hoping that Empire is a "Big" one (although already been pretty good)

Looking forward to the MRE and hopefully going North from there

Yes, the RR board is pretty good, I have been following that one for over a year, never posted though

Dusty

I agree with your statement "Hope and sentiment is high right now, but fear and pessimism catches quick"

And from what I have read the bottom line is about the business, how it performs, does it have debt, percentage margins etc

But Empire are at an early stage, so the business fundamentals are not really there, so, yes, a lot of this is on hope, hope that the MRE gives not just good but great news, hope that the drilling does expose a very large mine over the whole area

My average is 16p per share, I did buy another 5000 shares at 26p today, I do take risks (I have shares in Archer Aviation)! But from what ML has reported on this feels like a calculated risk to me

On another note why is there so much bickering on these boards, surely it's about business and trying to make money?

ML

Thank you for your reply and advice, much appreciated

Dusty

Yes, happy with my investment and wouldn’t be unhappy if I bought at 30p and it dropped to 20p, as I am confident this is going to go beyond 50p within weeks, obviously the MRE is going to make a huge difference, and ML seems confident the report will be very positive which should drive the SP higher

Thanks Dusty, I appreciate your reply

In your opinion is it still worth adding more shares please?

I went to top up today with another 10k shares, was hoping the SP was going to drop to 25p, but by doing so my average price would increase, is it too late to top up?

Hi All

I am a new investor approx 18 months, started off with some recommendations from Motley Fool, bought some RR shares, then saw the post about EEE, and a massive thank you to whoever that was (so sorry I have forgotten, maybe Dusty?)

I have approx 30k shares at not too bad a price I think, so I am a very small investor and have been reading the informative posts (mostly Dusty & Manlord). These posts have been invaluable in investing in EEE, there is nowhere else this info is available as far as I can see! (Similar with Svend on RR)

I have learnt that there is nothing straight forward in investing, and understand there are always risks, and EEE does seem too good to be true, but I am holding the faith that you guys are correct and this will eventually end up in the £'s

I have some questions though

Do Empire actually own the land, from the posts that I have read it seems like they do, but do they need licenses to be able to mine the land? Are they likely to get the licenses?

There is talk of Empire floating on the AUS stock exchange, will that then mean they won't be on the LSE? I believe I have read that the shares would need to be transferred to a company that trades on the AUS exchange (I currently use Freetrade), if this is correct do I need to open an account with another company (maybe Trading 212?). And can anyone recommend a good one please?

JV's, this seems quite likely from what I have read, again how would this work, I assume both companies (or more than 2 companies), would have vested interests but the companies would remain as they are (I.E EEE & Rio Tinto?) So are there any other companies I need to be looking at investing in if they are going to get a slice of the Pitfield Mine?

Thanks in advance for any advice