Member Info for Balanced66

Can you send a link to the list of stocks? People will probably start selling from Monday for next few weeks so orderly sales and most of that may be taken up by market in normal way?

Hi longfell

I'm fairly new to the mining sector but I like Atm, Bmn, Aaz, aau (this one has underperformed recently but long term I believe it will do well) It has good management and brought a partner on board a big Turkish construction company so a big jv partner backing and they have a massive resource to explore in Salinbas and Cyprus jv is being developed for copper for a cheap earn in. There shouldn't be any further need for placements in future as half the company market cap will be in cash from the sale of its part share to the construction company and it is still making profits from its gold mines in Turkey. There should be a special dividend coming this year so that will be nice.

I also have the tiny Gwmo - I bought it as a gold play last year (the smallest holding from my miners) but I am beginning to like it more and more now with the increasing copper price as it already has a jorc compliant copper resource and much more in the ground. More chance of getting a jv with the price increasing. Also should start making money from its gold tailings soon. We are waiting for the results of the dore bar whatever one of those is! The tailings plant may make it self funding for further exploration.

I did look at arc when it was 3.8 and liked it but funds are limited presently for further investments.

I also have solgold. I only bought that as a trade as I'm trying to become an all rounder and learning trading skills; that is a trade gone wrong at 32pish. Nevermind lessons learnt. Likely to be taken over or jv but when no one knows. So should eventually get my money back and bit more hopefully.

Hello longfell

There certainly are lots of good companies at the moment in the mining sector that are attractively valued - we are spoilt for choice.

Let's hope we get more updates. I invested in the company last year for its gold and viewed the copper as uneconomical to mine but that may change in future with the expected revolution to renewables etc and demand for minerals:

https://www.telegraph.co.uk/business/2021/02/17/peak-oil-demand-coming-first-brace-almighty-supply-crunch/amp/

https://www.theguardian.com/business/2021/feb/17/mining-boom-commodity-supercycle-copper-nickel-price-investments-clean-energy

Also fair to say that our share price has zero value in it for the copper potential - is this right? You guys know this one far better than I do so interested in your views.

Thanks madder for your time on this. With copper price increasing it makes a jv a stronger possibility.

Apologies if already posted but has anyone done a rough calculation of the value of the Jorc compliant copper at today's prices?

Looks like someone else has been topping up today £280k buy!

IC do recommend S&N as a buy for the expected upturn. Markets look ahead.

Looks like someone bought £25k worth yesterday.

People are slating it already one saying its a pathetic placing at 70% discount.

So existing shareholders massively diluted. Current market at 0.85ish around £2m 3.5m placing at 0.25p and around 3.5 million warrants again later from warrant exercise at average of of .37p.

Interesting article: "The next 30 years are “likely to bring a supercycle in investments in clean energy infrastructure, clean transportation and everything else that is required to make the green transition possible”, he said."

We should be producing in a few years - the supercycle is likely to last circa 30 years according to this article and the assets will only increase in value as time goes by so shareholders should not lose out by any delays caused. We might become a very valuable company soon.

https://www.theguardian.com/business/2021/feb/17/mining-boom-commodity-supercycle-copper-nickel-price-investments-clean-energy

I believe its ex Tullow management as well.

Willibo

Uog might be worth a consideration as well and it looks like it has broken out of its long downtrend as well though I'm not an expert on charting. But fundamentals look very good and production can be increased from existing assets easily it seems so they don't need to pay millions to purchase assets and take on huge debt. Very low debt levels as well - and should be cleared in the near future. Likely to see profit upgrades with the increasing oil price.

It might need a view from the oily experts on this board.

I've bought a good percentage now and will keep them for medium and long term hopefully. Was thinking of increasing my pension percentage but would need to sell something else to get more have around 5%.

Depends on your time horizon if you're after quick profits you might need to look elsewhere but I think this one should increase fairly quickly upwards now imv.

Sorry for the number of posts you know which service it is - the one with TW.

Don't know what happened there! Was saying if they rely on that service their research and tips is very poor.

Doesn't Cornford write on the ************* "tip" sheet where most of the articles seem to be about shorting shares etc.

People who have relied on ************* for their tips I think wi will have

Also if the government don't renew anything then there could be a biggish drop in the share price and it might take some time for it to recover! However the signs are that the government is likely to extend/renew as Promate is being rolled out in hospitals and its recent SNPsig is likely to be taken up/needed by the government to assess variant risks and levels etc. Perhaps this will become the bigger part of their business going forward as variants keep emerging?

It is increasing its patents and that will also make it more valuable as a company.

Willibo

Nxct have excellent management and often that is sufficient to navigate the choppy waters and increase shareholder value.

It is a very volatile share so you have to be prepared for the ups and downs, brilliant for traders though.

I think the volatility will lessen when there us more assurance over future revenues and evidence of actual movement in the non covid field. Then again I think covid is going to keep providing them with a big enough income for the next 12 months at least and it will be great if the Government extend phase 1 and/or take up phase 2 of their contract this will give a boost to the share price short term.

I think long term it will do well if it can develop non covid revenues and ot has the cash now to do so. It might then start being valued at a higher pe multiple and if it had a regular profit of anywhere near half what it is making now it would probably be valued in the several billions.

So there is uncertainty at the moment with them but securing some more government contracts will remove some of this uncertainty. I have a free stake now in my pension which I'll leave and see where it is in 5 years time.

Price at the moment - could be a good entry point but you would need to look at things like support levels etc all that charting stuff I suppose or just take a small stake?

1509

Did we ever work out why Eve had a big rise today? I'm always interested in learning market dynamics. Surely it wasn't just because of some infused cbd oil or something mattresses?