Member Info for Atlantic57

Trojan agreed it’s a common problem .I was spoiled by cey which did go smoothly into production. I think Pur is only for the brave .
Of course you can fill your boots at these low prices and make a killing if they get their act together.

Troajan I have read the article.

The problem with these channels they never ask any awkward questions so just act as a company mouthpiece.

Belgrano I think I have seen you elsewhere . I think on a two year view these look a good bet for a share price of £10 plus .By then I suspect that sanctions will be lifted and the Company will be trading normally.There are no guarantees in life so things could go wrong the Russians grab the assets or the west imposes more sanctions.I suspect the dividend may well be restricted to conserve capital.Yes there are risks but this is a company with real assets and was recently £14 and paying a healthy dividend.Many aim companies Sbtx for example could on a two year view
Be worth a multiple of today’s price if everything goes to plan.So you you have to back your judgement.

We have had bad management presiding over a good asset. There is no evidence that the current management are any better.I would have thought one of the big boys will make a low ball bid and take it out. If they don't it is going to be a very long journey from here.

I lost a lot of money here and vgm. No doubt there is no similarity between the geological metrics of the two assets.However vgm management constant cry was we just need a placing and we will reach the promised land.

Presumably he will sell the shares immediately

Qbt has a number of very helpful posters like Figtree who paint a detailed picture of what is possible .It may come to nothing but at least you can see why people are buying.

Here at gst. There are lots of meaningless posts such as these will be 10 p 25 p but no detailed analysis as to why. If you want a spec punt qbt looks the better bet.

Can anyone explain what happened this morning with the spike and collapse in price.
Was it shorters closing their positions.In any event most of the posters who tried to sell appear to have found it impossible to sell .

Pure closed up 12% in Canada.

These share price movements baffle me .I certainly would not be able to be a trader !
At the back end of last year they were nearly 3p in the expectation that they would get fca approval. This morning they opened at 1.83p with fca approval.

I bought for the long term. Today’s sp performance is disappointing .I guess so many people were posting that it would be 3p +it’s not surprising ,the opposite usually happens when everyone is bullish.

Thank you for responding to my posts regarding the target price and interview.
Much appreciated

Thank you palm I thought that was the case but I was wondering if there was a link to where Zac
Has given a 5 to 7p target.

I to would be interested in a link or some guidance on how to find the interview.
Someone mentioned Zac Mir and a price of 5 to 7p in the near term.

https://www.**********.co.uk/articles/traders-cafe-with-zak-mir-bulletin-board-heroes-february-18-1a39068

This was recorded on Friday and speaks of a target of 1.9 p

Again if anyone can help thank you

The short term story is also interesting . Those who took part in the placings have had an opportunity to exit for a quick substantial profit if it was them who departed .The market makers did not appear to mark it up much on the rns announcement but then it rose sharply and closed with a still substantial gain.

It will be interesting to see what happens next week but really this looks like a long term hold.

Today’s price action in GST shows what can happen with a positive announcement .??

In my opinion despite the. Constant optimism of the chairman there would have been no realistic
Prospect of a deal being Done in the last 5 years.The contract with the foundation has clauses it it which a developer would find to onerous.
Post Covid and the recent changes in the law there must be some value. If the foundation move their position then shareholders may be in for a pleasant surprise.If they won’t budge then they should still have interest at a lower price level.I think even the most optimistic soul must accept that if it does attract any third party by the end of this year then it probably never Will.

One positive aspect here is that the share price has not rocketed ahead on speculation. So it won't be a case of buy the rumour sell on the news.Any positive announcements will send us sharply higher.

https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg13370

Here are the rules for bed and breakfast

https://www.gov.uk/tax-sell-shares
Capital gains is due 31 January Following the 5 April end of tax year. So for tax year ending 5 April 2022 on the 31 January 2023.

I agree it is odd that the sp has sunk so low.I suspect a lot of punters have not done any research into the company but just purchased expecting the price to soar on a successful fca announcement.

Maybe when the announcement comes it will not make the impact people are expecting.
Perhaps we should focus on Company announcements.