Member Info for barhut

Not really. I think many of you don't see that this company is in a bear trend. With inflation high and not the results required, then gold and silver needs to go a lot higher for Fres to get back to £8. Not the best p miner out their at this time.

Littlened. Are you sure your not selling, as the sp continues to fall on a weekly basis. I hope you have not got all your eggs in one basket.

Gold needs to go a lot further for this share to reverse its trend. Everyone on these boards must realise Fres is still in a bearish downfall, so any mark down from pms will take Fres to middle 650s. Investing in shares are not like they were in the 90s , the west is very US dominated in which algos are in control linked to allsorts of markets and indexes. supply and demand does not exist now in the same way it once did.

But if it does, exactly. Again I do hope you are right. Good luck

Your gamble hasn't paid of yet. And still the sp decline.

Fres very bearish still. For sp to move positive gold and silver need to go a lot higher. Prob a great share to short just not ready yet for longs

Littlened I don't gamble . Buying into this stock at this time seems crazy until the management address their future strategy. This morning the MM bring down the sp on a uncrossed trade, that worries me.

Littlened. Today we are nearly back to all time low and after nearly 8 months after the new investors stopped a deal nearly double the existing price, you have to question what are their motive. I've always said they want to buy this on the cheap and this may come true as we get closer to August they may just put a bid in for around 8p. I hope not as many like me would be looking at a loss . All seems very strange to me.

Oh dear, oh dear. 34addsaddsa you said when it dropped to 8p you would take a position. I think you could below 7 the way this company is going. Lots of better shares about than this with good returns.

Littlened . that's ok you can buy some for me and support the sp if you can. Auctus can say what they like but reality is this companies value underperforms. If only my portfolio was valued at what brokers and finanacial intuitions say I would be able to retire . I see the sp has dropped below 8, just what the investors want.

I agree. One lot of muppets for another in charge. I have reduced my holding some time ago but like legache still have a large holding. I have little hope of recovering my losses as each month/year goes by this company doesn't improve. Not to sure what the new investors saw in this company apart from wait one year and buy it out for 8p.

Well I got this wrong with Fres going into the 6 pound mark and Powell hiking rates even more. I shall be buying back the other half of my holding tomorrow. I think the fed have to much confidence in their economy. Debt and housing are markers for a recession and one is rising and one is declining. Jobs data can be misleading as many jobs available are in the wrong sectors.

Results are what I expected as previously Fres has a bad habit of this. I don't see the sp falling to 680 as the recent bearish trend anticipated this. Fres needs its commodity to rise quite a lot to offset rising costs, I think this will happen in the coming months as US data starts to feel the pain of rising rates. Powell knows this and will not be as hawkish on rates as many would want.

Littlened. Are you buying again today. :). Sad really trades are adding up to pennies these days. Guess these investors couldn't wait for the strategy .

Fres results next week. They have let the market down in the past so for me half the buy back for. fingers crossed for better

Mixed data results out of US. Housing and manufacturing are slowing down. Job vacancies continue to do well but most of these jobs are in the wrong sectors. I bought back half my original holding on Monday. I think spring for me will be the start of pm miners come back.

Oh littlened can you buy some more as I fear 7p is calling.

It's Groundhog Day. I know exactly how bill Murray felt in this film. Nothing has changed guys. Same old rubbish. Focussed on delivering a new vision? Where is the strategy and shareholder return. Why mention Egypt currency, is this going to show in full results that cash flow in Egypt is down so get it out now to cover themselves. No trades today and why would their be.

We can count on you littlened to support the share price. Does anyone know if the company is still active?

CDF1 For me they have many issues that they can't seem to resolve under the helm of Rahul. Debt not reducing down, not enough oil coming out, not great drill results, not great communication to investors, hegding and selling assets to cheap and so on .Last two years have been boom time for O & G companies but unfortunately not here. I do have a long position invested in here which will go in the bottom draw. I made that investment some time ago so hopefully this company will turn itself around, not to sure about it under existing management. For me HBR is starting to look attractive even under new tax regime .