Member Info for Alwaysone

Wow, great explanation and rationale there Caribs!
Can totally see where you are coming from now.
The only stock sector I want to go into is Hydro energy after selling them too freely last year. Have to select a company and stay long unless a good reason not to plus maybe take some profit on the way, if lucky enough to do well.
I couldn't put too much money into crypto, you can't sleep at night!
If you want to see a barmy price chart this week, look at UMA. I was in it at the weekend and moved out Wednesday evening before I went off to sleep ( take a quick look)....... easy a double money or treble if sat tight - but lookt at the swings even in hourly timefranes ( 30%!)

Caribs. Can I ask why so much investment in gold juniors. I thought they say spread investments across sectors, so if pog went down, you’re diversified? Or is it that you know so much about gold hence you keep to your strengths.
Just curious and nosey lol

Would help us if the POG settled and moved up!

https://www.google.com/amp/s/www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2021/02/03/Gold-Price-Forecast-XAU-Tests-Key-Support-Could-Gold-Break-Down.html/amp

Agreed ST, but we had a great RNS and it went up close to 30% and nearly back to where we started , that's my point
It had gone up prior to the RNS though, as always, those in the know....

As for POG, this one site alone changed it's views in the space of just a few hours!

Generally, most seem to be more bearish than bullish, but what do they know!? POG is a major factor to us of course.

https://www.fxstreet.com/news/gold-prilce-analysis-xau-usd-preparing-for-take-off-from-daily-structure-202102011826
https://www.fxstreet.com/news/gold-price-analysis-xau-usd-turns-vulnerable-below-ascending-trend-line-support-202102021253

I agree dvharrison about the fantastic RNS on 21 January and we're still struggling to get over 3p.
I sold my crypto yesterday with a view to adding even more here, but something is niggling away as to why the price is slipping after such postive news. What happens if we get more postive news? Does someone know something we don't. Gold shares generally haven't faired that great since late last year and I can onlly think the surge in gold shares prices from early to late 2020, was mainly due to the sharp rise in the POG. Look at the 2019/2020 gold charts
Very hesitant on buying more and only have gut instinct to go on
https://www.bullionbypost.co.uk/gold-price/3year/ounces/USD/

So, I bought in trenches in Nov and Dec, average is 2.8p.
We had a big wobble on Christmas Eve with the dip, so I was well down.
Then the latest results and I was in profit – hooray, but didn’t sell any at all.
After, nearly 4 months, I stand at break even. So patience is a virtue here but it is very frustrating to see other shares I follow move up since November, in fact most of them.
Too many to list but take even SLP, 70p then and now £1.06. In fact, many gold shares haven’t performed that great since November, but many better than COBR.
I’m lost as to why after the latest Barns Assay Results, why we are still languishing at 3p levels and am starting to doubt if I ma doing the right thing staying here whilst I see other shares moving up. But sod’s law it will shoot up if I sell, if my track history keeps up to form!! End of waffle, just wanted to get it off my chest lol

Trek, I've also have been tracking wallstreetbets on Reddit -- power to the little investors getting screwed by institutions! I personally think shorting should be banned, it is in some countries. It’s tough enough trying to make money buying and selling without shorters.
To short-sell a share speculators have to borrow the shares in the first place. The practice is so controversial that bans on short selling are not unknown and during the last credit crisis in 2008, traders were not allowed to short-sell certain banks and financial institutions ( joke). I actually think short selling should be banned full stop, but no chance there as markets rigged for the big boys in many case.
Their funds are important to have for investors of course, but they keep a lot of the money before paying back investors.
Trouble with wallstreetbets and the masses targeting and buying certain bombed stocks, is that many will buy near the top and lose a fortune when it dips fast and there are no buyers!
Giving Wall Street something to worry about though!

Those trades are very strange. All small and at the exact same time.

Great info Richy. Thanks a lot for sharing.
Looking very positive still

Just finished working.... can someone explain all this Laker stuff please?
Also just seen EUA, not nice for people who bought at the top of course
Off topic, did anyone look up Uniswap crypto I mentioned last week? If you did you’d be 70% up.
336% in a month but again I sold out on a dip but well up. It hasn’t finished yet for sure

Hi Caribs,
LOL.....I wish I could say the same, too many late nights. I need to rerire soon ( well at least from full time at my company) but a recent divorce put this back a few years versus the plan. So it would be good for this company to multi bag and assist me here!!

"yes, I certainly have a full time job, although it's more of a hobby that I am paid to carry out"

https://www.ii.co.uk/analysis-commentary/how-alternative-energy-beat-oil-and-gas-aim-2020-ii514770
This is a brilliant sector imho.
I was in AFC and CWR last Spring and sold out on slumps and kind of timed it all wrong after, so left it and invested here.
CWR are the next ARM ( has been mentioned a lot) and I know a lot about ARM from years back. So even though CWR have had amazing increases already ( it's one of my tracked shares along with with AFC) they are a long term banker I reckon. AFC will be a bit more rocky but still do well. PHE also for a smaller investment
Back to my work now , lots to do ... Do all you guys have full time jobs?

Ah Caribs, Environmental Scientist by degree - nwo that makes sense here now.
Still can't believe you can pick this one up at 3p.
Won't sell the small punt £3k I put into #UNI cryto, as 70% up so far but will if it gets to 100% and take my stake out to put here

Totally agree Caribs. I often tend to react quick at work and wrote an email I wish I hadn't.
Now if it happens, I still write it, save in drafts and wait an hour or two, then normally decide to delete it!

I would be amazed if you can buy this at 3p for much longer ( today or tomorrow) or ever again, barring the POG dropping a huge amount. I am moving that crypto money today and adding, yet again, my first since my flurry in November and December

I agree with you Punter
Many would have bought in the dip around 2p mark and are very happy to sell at between 3.4p high abs now. They say sell on spikes buy on dips but it doesn’t always work, especially with a wide spread share. Some would have also bought on the 3.5p high and be bailing out if thinking short term.
Man thing is, we’re all confident of far higher prices longer term, so just ignore daily prices and/or just top up. I made a fair bit on UNI crypto and aim to move the money here this week

As a few others have said, I also really appreciate all the posts this weekend. So in depth and informative, plus give a balanced view. Trek, ST and Caribs, you're all so knowledgeable on shares but mining specificicallty. Would love to know where all that has come from, maybe just long term investments in mining companies.

CM seems to be know what he's doing and I do trust him. Alhough I still thought the Christmas Eve RNS was poorly timed and made for a not so great Christmas break for some, including me. Note though that shares were then purchased in the new year at a deflated price by a few of the bod

Debt Level: COBR is debt free.
Reducing Debt: COBR has not had any debt for past 5 years.

I take a lot of encouragment from his words on the latest RNS, which I think speak volumes
https://www.lse.co.uk/rns/COBR/wudinna-project-update-barns-assay-results-6w0yrnouyuhrngo.html

Craig Moulton, Director of Cobra, commented:

"I'm thrilled with these results. Against any metric, results such as 3.25 g/t over 13m, 6.28 g/t over 5m and 8 g/t over 3m are incredibly exciting. It shows that, as we continue to methodically execute our strategy of applying sound industry-leading science, the Wudinna project continues to deliver.

Also, it will be very interesting to understand whether these new silver and copper results represent an additional value dimension to the project. The team is now fully focused on extracting every ounce of value from these data, updating our models, and finalising our plans for the 2021 programme. We look forward to keeping the market informed as the project continues to develop."

Yes, Dan the Man is the prolific COBR poster on Twitter. He and then Charlie re-tweeted and I read it all.
I should have put a credit on the info copied, will do next time :)
I'm guessing Dan is on here as well

No problem on the diagram Caribs. I was reading it all in more detail than before and it made me even more confident of the future this company has. How it's still sitting at it's current valuation is beyond me ( and others) but it won't take long for major investors to cotton on I'm sure and shares aren't easy to buy in quantity as you know. Look at the movement up in price with the few RNS purchases just over a week ago. Bound to be a lot more soon....