Member Info for ART123

I took a big chunk of profit out in May/June as I tend to do with new/wildcat drills into unknown prospects and the only reason I haven't bought back in yet is because of the risk of the first drill not hitting any copper. As was briefly discussed yesterday, this might not be a case of no copper but more a problem with poor ground conditions which will leave the drill short of the target depth. Unfortunately, the longer this drill goes on the worse it is looking. Having had a couple of dire experiences recently - one with nickel and the other oil - with drills that went on and on and on and eventually both came up blank I am not going to rush in here blindly. If the results are good enough there is always more than enough opportunity to load up.

ATB

Oh, and I will certainly be one of them.

And if the first drill at Konkola West fails to hit any copper then I will probably take a punt on the drop which might be quite severe. The share price was 0.0085p/0.0095p just yesterday so it will certainly drop substantially below that.

I can assure you that if we get any good news here - and I mean some really good news ie. as in a copper discovery - and there are 300 or 400 million shares or more traded in a day then that won't just be punters selling. The bulk will be buyers who have been waiting on the sidelines to see if the copper actually exists in the real world and I can assure you that they will still be buying in at a very good price despite not taking a gamble before the drill results are reported.

Well done. Let's hope we can all make those sort of returns from TYM. I make that a 13-bagger - which is easily possible from a £2M/£3M m/cap BUT only if they discover some bloody copper on at least one of their licences.

This appears to be the highest price paid this morning:

07-Aug-24 08:03:05 0.14 354,292 Buy* 0.125 0.14 496.01 O

I pay £24.99 per month to this website for live prices:

07-Aug-24 08:02:48 0.1395 3,512,544 Buy* 0.125 0.14 4,900 O

Oh yes they will - but only if there is a big demand as was created here by the RNS, the gap up on opening and the constant buying.

If you knew your business, you would know that the best time to sell and the time to get the best sell price is when everyone else is buying. Hence how the sell went through at 0.0125p simply because the buy price was 0.01395p and rising at the time. By then there had been over 20 buys and only 1 or 2 sells so it was a buyers market. The MM's are happy to take the 14 million off the seller at 0.0125p so they have stock available.

And there was a sell at 8.03.05am at .01263 for nearly 4 million so the sell price was just below that. For goodness sake stop making things up. What else is he making up?

Yeah, the 14 million trade at 8.03.15 was definitely a sell. .01395p was paid at 8.02.48am so it would have been at least that much if not more to buy.

I've just got a bad feeling that after all of the delays and waiting around this is going to fail to flow.

Not to worry though, there is always MOU-5 and don't forget about Trinidad.

Greatland Gold showed these AIM exploration companies how to do a farm-out at Haveiron a few years ago. They paid for the first drill themselves, hit a huge zone of high-grade copper (and gold in their instance) and then attracted a farm out for $75milion worth of drilling. If they don't take a punt with a drill first then all they get is $2M worth of drilling which is as good as nothing.

All HEX have managed is a pre-spud high m/cap of £33 million while HE1 a few years ago managed a peak m/cap pre-spud of £122M. What a difference.

Let's just hope that the drill is more exciting than the pre-spud share price as since the IPO nearly 4 months ago this has been very disappointing.

Pre-spud predictions of 40p, 50p and even as high as £1 were completely realistic, but the most this has managed is a paltry 27p and it cannot even manage that at the moment with spud imminent. Things can only get better.

It is obvious that I haven't had any misfortune here. I am not that stupid. Others appear to be less wise - the 3,092,007 buyer at 8.22am lasted for 30 minutes before exiting with a £300 loss.

I haven't seen so many losing trades for a while. It just shows a complete lack of confidence in this share.

It's very obvious that I am maybe a little pe*d off here having waited for weeks and months for news about the Konkola West drill that could be completely transformation for TYM - but then it could equally be absolutely nothing. Why take so bloody long over a simple drill and if it hasn't gone to plan - as looks increasingly more likely as time drags on - why not just spit it out as then they can get started on the second drill.

But then I'm probably still filtered here even though my last post on this board was on 6th June 2024 - under the heading 'A RNS full of waffle'.

36 posts with up to 22 recommendations for some of them and 7 trades. Life in dreamland!!

Great, sell on news then, or just hold while the share price drops back to 0.08p where it was yesterday.

I'm not even against this share but as I have said several times I'm not holding any until one of the farm-out drills actually hits a sizeable amount of copper.

The Konkola West drill with Kobold has been ongoing for nearly 4 months now, which is a quite ridiculous time for a drill even if it was planned to go to a depth of 2000 metres. If that is a success then the share price will rise dramatically, but equally if it fails to hit copper then the share price will fall, probably back to 0.08p or less.

Any drilling here at the Mukai Project is some way away and much can happen in the meantime and it will also need to discover copper on the TYM licence for there to be any value here.

ATB

Don't worry, the suckers that have sold at a loss will soon be buying them back - only to sell later at a loss all over again.