SIPP Advice - International stocks17 Feb 2021 11:26
Sorry for off topic but I know there are some very smart and knowledgable people who post here. I have been looking at some silver exploration companies and there are lots based on Canadian exchanges. However, it seems to be fairly hit and miss whether I can buy them or not with AJ Bell who I hold an account with. For example I hold Silver One Resources in my AJ Bell SIPP but have been told I can't buy Dolly Varden Silver. Something about whether they use the Crest system?????
Does anyone know if there are some SIPP providers who are better for International stocks than others?
Highlights from Recent Sampling: ? 14.8 g/t Au chip sample across 80cm vein within a vein and breccia boulder c. 2m x 2m x 2m. ? 22.9 g/t Au in sample of breccia boulder 65m downhill from the main Lead Trial workings. ? Extensive ground magnetic survey, mapping, soil sampling and rock sampling conducted. ? Several linear boulder trains with high-grade gold mapped, >3km of mineralised structures and another 2km of inferred structures. ? Several high-grade boulders sampled coincident with gold and multi-element soil anomalies over a distance of 600m east of the Lead Trial workings. ? Channel sampling across key outcrops and boulders completed (results pending). ? Drill targets outlined for an initial scout drill program subject to final channel sample results.
Can anyone translate, for us mere mortals who haven't quite found the time to learn all this stuff yet!?
I've only just got round to sorting this out - my Erris Gold shares hadn't appeared either (well they had with one platform but not with another). Anyways both there now and I have just been having a look. Sorry if everyone knows already but Erris Gold now has its own site with shareholder updates posted on there and they are saying 2021 as a target for AIM resisting.
Commenting on the new results, Erris Gold Chairman David Hall said ‘The recent work at the Lead Trial Prospect has returned results that exceeded our expectations and now indicate that the Company has a substantial prospect to bring back to the market. The thorough fieldwork conducted over the past few months has unlocked the geology of the prospect and identified exciting drill targets for high-grade gold which the Company plans to drill test in the near future. The presence of multiple mineralised structures which can host high-grade veins is a fundamental requirement for the future. The presence of multiple mineralised structures which can host high-grade veins is a fundamental requirement for the existence of a large gold deposit and Lead Trial meets this requirement. The Company plans to raise funds to conduct an initial 1,000m scout drill program with the aim to confirm the structural targets and increase the Company’s valuation as we plan to return to the market. In advance of a new public market listing we may offer existing shareholders the opportunity to participate in a pre-IPO fund raising. A more detailed update on the results with maps has been compiled
So all quite exciting...again sorry if I am way behind on all this. I do try to keep an eye on the board but been a bit distracted by cryptocurrency last few months. ;)
My worst trade ever on paper! Oops!29 Oct 2020 09:55
Sold all of my new tranche this morning - wasn't easy to do so - involved limit orders with ridiculously low prices on and phone calls. Overall out with an average sale price of around 6.5p or so. 50% loss over just a few days...horrific....but....will it have been worth it for the Erris Gold...time will tell. Hung onto my original tranche for the Lithium - just a handful which I've had since May...will continue hold long-term. GLA...might take a while but this should come back.
I'm sure someone will correct me if I'm wrong but my understanding is that your Erris Resources shares will be converted to Zinnwald Shares - effectively you own shares in the same company but it has now changed what it does.
The Eris Gold shares will not be publicly traded so you will receive notification / certificate by post with regards to this, as far as I am aware - it's a private limited company shareholding so couldn't be held in any account to be publicly traded.
Same problem and had never heard of Bed and Isa before. A few weeks back, I actually sold in my trading account and bought them all back 5 minutes later after I realised I couldn't just insta-transfer the funds to do it myself (!) Doh! Great advice thanks - gonna do the Bed and Isa tomorrow now.
RE: Some of our forum names are on a database12 Jun 2020 12:51
How's it going Laalee? Been about 10 years! I remember VoR and his yacht (?) and his obsession with Villefranche-sur-Mer! Always found him an entertaining poster. Didn't realise he was up to no good but perhaps that shouldn't come as a surprise.