Member Info for Atlantic57

Zeratul your post makes good sense !
For me the postings on this bb and others are a salutory lesson.
The old saying when everyone is bullish there is no one left to buy comes to mind

The sp performance of pure has been very disappointing . All the hype surrounding the first poor and the share purchases for the Gdx proved to be a false dawn.

So now we wait for the first quarter performance...

Directors will have there own reasons to sell.
However a reasonable conclusion to draw from recent price action here is that all good news has been priced in .Assuming the gold pour is on track the next big event will be first quarter results.
A good long term hold .

Can some one explain to me the mechanics of how the market makers can manipulate the price downwards when there was a large purchaser.

Yes I agree that the Company has outstanding prospects just noting that it seems to surge and then pull back rapidly

Pure gold seems. To have strong runs up followed by sustained profit taking.
I guess the first pour is attracting buy before the news and sell when the news is announced.

The record here is abysmal and speaks for itself. However I do not believe that the Bod will be able
To run with this story beyond 9 April 2020.No investor however optimistic is going to believe any
More promises of “ we are in talks”
So whether you are optimistic that the bod will be able to announce a deal or whether you believe
There is zero possibility of a deal being announced I think the story will end very shortly.

Henry I don’t believe we get anything like 6 to 8 p on a buy out.
We are looking at...
A) The long promised monetarising of the project no evidence that any progress has been made.
B) A cheap sale to a related party following the sale of travel model
C) A substantial placing to pay off debts and keep going.This would have to be at a discount and frankly seems difficult who on earth would fund this.

So Greece is Booming ,the question is will Minoan benefit or are things hidden in the detail of the
Contracts that prevent value being extracted.

Answer no one knows