Member Info for bankboy

Large trades today look like rollovers, put throughs, agency X - called different types though create a genuine trade of seller and buyer, perhaps between 2 funds, bed/isa or bed/sipp etc

Thanks Skier, do they mention duration of short term

I was surprised to see the 2.30pm rns saying they sold a chunk, at least buyers to mop it up.

A good week so pleased with bounce, thinking if they get a farm out for Kochang, BMV may consider splitting the Korean and Phillipine assets and even consider a dual quote on Korean exchange to get some Korean shareholders in, just an idea.

Good luck all

Meant to say, I doubt are rampers and are serious strategic investors in it for the long term.

There’s not much free float, my last look was about 70% held in tight hands.

Dubkeith, check out the RNS’s in Q4 2023.

As I read it, Align who are connected to Catalyse Capital (rs & ca Jennings) that bought the 27% interest from Southern Gold, so doubt are serious strategic buyers .

I been here 18months, hold a chunky amount, not selling anytime soon, I estimate it will be a 18 month to 3year hold, if things go to plan - I see it as an interesting investment.

It’s not a day trade agree, patience, patience- we are sitting on a huge gold mine.

Good Luck

This interview comment interesting,

It’s a local business man with diverse business interests.

Any clues to who he is, thinking as JV partner is an individual - if it’s going to happen it will get signed off quickly, let’s await the terms of the agreement, though thinking will be positive and we will see things moving in the right direction.

Yes, agree, interview was open and informative, defo worth a 2nd listen, some interesting points about potential of Kochang also being farmed out with a JV local firm.

All three projects are substantial in size, only need one to start mining and we are sitting on a GOLD MINE.

No, my point is large funds will top slice and take profits each day along the way, so investors who got in at 75p, 100p, 125p etc will always look to sell into the rise and buy back in as it drifts as we all know things don’t just go up and keep going up, hence why it’s called a market.

Hoping the trough is around the 125p level, though hoping to trade in and out a few times before then.

Good luck - dyor

Hey Teppi

Funds over last weeks, will have been reducing holdings on a short term strategies etc

So - good chance of L& G , Threadneedle etc , top slicing out of positions at 75p etc

Tep1,

It’s just a market, investors long or short look to their own ideas , strats , maths etc.

Stop blaming hedge funds - they are trying to create Market Price.

Only 2 weeks ago, a ramper on here talked about 160’s price, when CNA were trading at 145.

Keep it tight

Yes, it bounced yesterday and drifted today, nice trading stock for last 2 year.

Buy volume today was 4 x Sell , yet it dropped.

Keep it tight, sell the tops and buy the lows.

You see my lasts post - 125 is a nice entrance for a bounce, though 115 would not surprise me.

Good luck

So - according below paragraph from RNS of 27 Sep 2023, hopefully we get an update soon of drilling results from Phillipine mine.

With the appointment of drilling contractors being finalised, the planned drilling campaign is expected to be completed early Q1 2024. Post assaying results will be reported as the Company receives them. Once all results are received the JV will use them to formulate the mine plan for Lobo.

Hey Barry, any news

3.25m and 3.5m trades are interesting, spread too wide for put thru’s

Looking good,.

Hey Tep1, it’s just banter, soz i thought you were a bafoon, trying to ramp it up.

I like CNA, don’t get me wrong, these buy backs are a distraction to real price value,, I think cold season is now here and will be done in 2 weeks.

About 1.25p during the summer months

Good Luck

Tep1, you are a pleb,

CNA now getting nearer 1.35 as I said 2 weeks ago,.

Not zero, thanks

I see your points, sticking to buy back in at 1.35 for a trade,. 8 p upwards.

I see CNA down to 1.25 - then it’s a buy and flat value upwards.

Dyor

No buy back tonight RNS, perhaps they were hesitant after todays news where CNA had not passed the test about metering customers.

Natural Gas, were down 9% today, though as I posted Friday not relative to CNA share price.

New UK short selling regs change from 0.1% to 0.2%, come in 5th Feb though Private and not Public, see that as an opportunity that shorting will happen at this level.

soz - No pound shops in Knightsbridge, so unable to comment.

Never forget the trend, general public are now cost aware, they are wiser to the costs of energy,.

Lights are turned off, less energy costs in cooking and heating homes and more the point business premises.

I read a report that electric blanket sales, thermal underware, jumpers and warm clothings layers are expected to outstrip supply - sales have risen by 23.5% since the hike of energy costs.

It’s a no brainer -

Natural gas price has no reference to CNA supply, revenue & demand.

Weather for 6 week forward is approx 3.9% lower than Jan 2023.

So -

We have the current buy back strategy, hence price support, techs say value is now back to 115 -123p.

I expect a drift back to that level now.

Good Luck Peeps