Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
So far today only 0.3% traded. Very conservative lot. Yesterday was 1% volume traded, so I guess those bought low did not get the right price to exit and those lth not willing to trade at this price.
It takes 2-3 days to confirm direction.
I guess north from here.
First confirmation of deal done is the catalyst.
Syme experienced lot of rejection from the financial sector but persistence may pay.
Syme looked like a new baby animal in the Serengeti arena but now has stronger legs
it survived all the temptations on it.
Yesterday volume was 1%, the whole day, and the gap between offer and bid was prohibitive for traders.
They got the price now.
after they loaded up in the first hour today "volume 1.5%" they let it out. Now it is the market setting the price. likely to move up now. watch the ticks.
The volume is very low and does not support all this drop in one day. The margin between bid and offer is artificial as well .
The spread is prohibitive for short term investors. Lots of missing information. Syme always used this complex model to allow the few insiders to benefit most. This could play good in the hands of bidders for sure.
Is Syme mostly owned by few major holders and the small investors become negligent?
Someone is desperate to keep the price up. The offer price is kept up by small trades but the bid price is sinking down.
likely to settle for a lower entry where the crowd feel confident enough to take a short trading position.
only a sizable new monetization program could save the situation.
could be be in site?
Nicepair, the fact is you are trading the sh*t out of this stock for many many moons. once you are in again you change tone.
simple resident trader. Otherwise why would you bother staying here. just re-read your positive posts few days ago. simple. try to respect the intelligence of other people.
There is gold in KH and other sites as we all know.
with all aliases here you are fooling no one old chap.
Holders here sold yesterday chasing GBP and PTR thinking there will be a major UK oil company jumping in the namibia area and acquiring acreages so they will seek to buy both companies. The fact is there is exon mobile already there for four year and showed no interest in both companies.
There is however a new team of twitter young chaps from the same country, they manage an attack every few weeks and make bobs from their victims. I guess our chaps will return to buy at higher prices and lose some chares as usual.
Does this mean Swazers is wrong or Swazers is correct but he is wrong.
either way he said something about the chart he made.
Long live Swazers if he is wrong but inside is correct.
SHELL threaten to move to new York to restore its true value. All FTSE companies are heavily devalued including ECR.
If only ECR can do it? we gain a lot from the prices there.
https://fortune.com/europe/2024/04/09/shell-wael-sawan-london-stock-exchange-new-york-listing-all-options-ftse-100/
The market did not decline by itself. There are major factors that caused that:
1) The west greed, as they tried to make profit from the over exploited south Asian nations by outsourcing most of jobs there to get cheap goods and maximise profit. The Asian took advantage of that and tigers and big economies and technologies emerged from that, Now the west is waging war everywhere to restore its position at the expense of western economies.
so we lost jobs, markets and resources as a result of the large distribution chains and the tech industry outsourcing. we have to compete on their terms now they have the cash and technology and we have muppets at the head of states.
Having said that, gold is flying with the knowledge of economic recovery is still not in sight while we still don't have proper protective policies in place. Live the globalisation for the rich and poverty for the masses.
Gold will set the motion here sooner or later.
Delivering the Next Multi-Million Ounce Gold Resource in Australia is the new mission for ECR as seen in their new website.
surface surface sampling and trenching and few meters deep drills has to swapped with deep extensive drilling to define a jorc for a serious JV to take place. May be we can lure some JV before a jorc is assessed, this will save us time and hard cash at this stage. every area need at least 4-5m to dig enough deep wholes to assess the resources. All hopes with the next results: if they are good enough it may encourage an early JV to take part in developing one of ECR licences.
The usual RNS as expected in time. Not the one we are waiting for.
In the mean time the sausage man/lady is spreading his fat so anyone can slip on it so he can buy his share on the cheap before KH results.
wise one, filling the board with his drivel.
ECR is likely to attract a JV as soon as the results show the true story of KH. I like the fact that it is a hill.