Member Info for addicknt

Gino, I was referring to TungstenInvestor.

I'm delighted to say I've never listened to a rap song and don't really feel I'm missing much!

If you google it AI provides a good explanation.

I don't wish to tempt fate, but it looks as if that creep TI has been given the heave-ho...at last.

Rcd's link is the easiest to use, particularly as all of us who listened to the webinar will already be registered.

The report itself is essential reading for all investors and provides everything you need to know about this exciting project. Specifically, it demonstrates why this is a long term investment and although there'll be plenty of opportunities for traders to make money along the way, the real gains will be had by those willing to sit back and watch the story unfold.

TM, what reasons do you think lie behind the value gap? Btw, I agree with your comments.

Maxey sold 15, 050,000; Coffey purchased 20,000,000. It looks like a trade between the two of them with Coffey buying more in the market.

Interesting that Maxey has reduced his holding. Did he sell to Coffey?

Seen-it, it's not negative talk, just an understanding that this sort of thing is rarely as straightforward in this country as we would like it to be. Look at what happened to that coal mine near the Lake District.

I'm confident it will be approved - I wouldn't be invested otherwise - but I do anticipate the possibility of some local objection. Not negative, just being realistic.

BG, fair point, but bear in mind we're in the UK and we're talking about the legions of lanyard-wearing, petty bureaucrats whose task - at least in their minds - is to put a stop to absolutely everything. However, if the planning application was called-in, and we have to accept there's an outside chance it may be, the government of whatever colour, would understand just how strategically important this is for the country...but then again, we're talking about politicians whose collective IQ is roughly equivalent to that of a pot of strawberry yoghurt.

Indeed, and the activities are meant to be separated by a Chinese Wall.

BB, are you sure about that? Market makers clients are the brokers. Anyway, it matters not; we're having a good day and the two eejits appear to have been booted-off. What more could we ask for?

BB, market makers don't buy shares on behalf of clients. They use their brokers for that.

BG, solg is one example, and I've seen many others, but I would also refer to the comment made by an ex-ceo of Glencore who said the strategy of the majors was to screw junior explorers.

Incidentally, I was an early investor in solg and did ok, but the return didn't justify the length of time invested, nor suffering the wild swings in its fortunes. (there's been an amusing potential development in that saga which, if it happens will totally feck the Chinese buyers.)

Ideally, you want a couple of financial institutions with cornerstone investments, and/or people like Coffey. Want you most certainly don't want is a dominant trade investor, particularly a mining major. It rarely works out well.

It happened on the 26th March.

It's possible he wanted to subscribe for more shares in the placing, but the company didn't want more dilution, although this seems unlikely to me. Until a TR1 arrives, I remain sceptical that he's been buying in the market, but I'd be very happy to be proved wrong.

BB, if he did add via market purchases we are due a TR1. (the Bank Holiday may have got in the way.)

Gggg, I'm not sure that's the case. I think we can infer from the RNS that Coffey led a group of like-minded investors who are here for the long term. It would seem highly unlikely he'd invite short term traders on board when it would be of no advantage to him to have them taking a punt.

There's been no manipulation or conspiracy theory here, it's simply a question of people who've made a very impressive return cashing in their profits - and who can blame them.

Apparently not. He believes our technology is more advanced. I have no idea if this is true, but it's what he told me and he's a scientist not some businessman full of bs.

I asked him to explain it to me in layman's terms...he lost me after the first sentence.

One of my neighbours is a recently retired nuclear physicist who spent his entire career working on fusion. He believes it will be cracked within the next 20 years and currently the UK and Germany are leading the field.