Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
was right about investors taking profits at 30% margin, dont blame them. Think the Singida first pour/start is priced in for now, market knows it will take time to build it up to full production. Think Miles McNulty has sold his lot too, been buying into placing in BSFA.
If you are a gold invester and like pre-revenue mines then look at #BMV Bluebird Merchant Ventures, sp 2.10p +22% today and still has lots more to go, its rerating back to 5p! Its South korean reopening historic mines, great RNS today scoping study, ASIC only $630 per oz. Mkt cap only £11m. Small projects but good money to be made!
So many big sells being printed lately not just today but over last week, 60,000 x 5, 330K x1 (330k yesterday too), 100k x 3 there's obviously a large shareholder offloading, just wonder who? Guess a TR-1 might come out very soon.
I did once publish on this site his registered address in London from Companys House.
why so many sells on good news? 560k buys v 5.3m sells. I know some sells are buys but not that much, looks like there is still a large background seller, using todays liquidity to sell. Doesnt reassure me, now all news out of assay results what is there to look forward to until Mar'23.
I did say KEFI was a good opportunity, today another share price rise of 18% to 0.84p, yesterday 0.72p. Hope some of you took advantage and made some money, this is no spike like SHG news, still room to rise to 1.5p! Up to you. Also another small gold company is BMV Bluebird Merchant Ventures, thats starting operations in new year and mkt cap only £10m targeting 100k oz by year 3. SP rerating and up 50% this week alone! Its 1.80p still a bargain price as previous highs were 5p. Again up to you but worth a few quid whilst waiting for SHG to sort itself out. Sorry to talk my own book but like to pass on good tips and timing is now for these two, both been a long wait. Good luck all!
What your 4 gold companies? TXP/Touchstone, GGP/Greatland Gold, BMV/Bluebird Merchant Ventures?
BMV is about to rerate, tiny gold company about to start mining operations in S.Korea, mkt cap only £8m and about to farm out its Philipean mine. It hit all time low of 1.2p last week and already back up to 1.60p today, previous high 5p. Once did 65% intraday move. Todays interview below. DYOR.
https://www.youtube.com/watch?v=5fsPGl35wqg&ab_channel=StockBox
I'm relatively new to KEFI (last 2 years and traded it, done ok) and my average is not far off where we are now. I know its been a long slog for longterm shareholders and I'm not that impressed with Harry Adams, but war/conflict in Ethiopia was out of his control and with all mining exploration many dont make it to a spade in the ground. But now theres light at the end of the tunnel and company is close to end of tunnel now, Saudi Arabia projects very good and finance for TK in Ethiopia to be finalised 14th Nov. Not saying invest for next 3 years, but theres a good earner/swing trade (from 0.7 to 2p) if you get in now, hence the sp move today of 16%. DYOR, I understand the negative resentment from the longterm holders, but I feel the sentiment has turned. Company going for 100k oz.
Selling still here at Shanta, gold price struggling to hold on to USD $1625/oz, interest rates rising, lots of PIs jumping on the latest 'hot' gold stock, was Shanta when news came out but CFO poured water on that, if Shandangalong pull out then its a long wait until sp recovers naturally. KEFI is up 18% today, another gold stock thats been in the doldrums, but very good projects on the table, sp rising today (due Ethiopia signing peace deal - although fighting has been nowhere near gold mine) and long awaited finance deal will be signed on November 15th said in recent intereview.) DYOR.
RichTheNewbie: "The other largish trades followed that, post close, and appear to be "trade-at-last" deals. So someone happy to pick up shares at the closing auction price. Still not figured how to do this online (phone only to the brokers perhaps?)"
I've often been filled after hours and been a UT previously, having left an order on the books its filled by the MM anytime they like (within reason). So I've had orders filled or partly filled after hours that were left on the book during the day. Nothing to with phone only to brokers but of course that is another way of doing it. Yes its tricky to know what are buys or sells, but using my common sense I feel these were sells.
Stacegibbs - you are as clueless as suki. Maybe you are bitter that you didnt sell/topslice at 13.5p and your now back to break even and that you even added at 12.5p? So much for your levels and TA expertise. Of course your holding for long term or fair value price, yeah, yeah, yeah.
Mkt cap £2m Atlas outstanding death spiral loan £5.5m. No chance for the sp to climb whilst Atlas are converting the loan notes. Need to blame Chairman - Morris has no backbone to sack CEO years ago. He let Prelea take company down a terrible path with Roy Tucker as well. They are happy for it to be a lifestyle company, creaming salaries for years whilst not performing/generating any profits. The newbies in this will soon learn what its been like for previous investors, lies, sp depreciation and share consolidation and rinse and repeat. Its these sort of companies that give AIM a bad name and its a shame that the FCA let it happen.
I'm not so sure, If I remember correctly when RPT had a hostile billionaire takeover attempt it was Pope that sold 3% (10% holding) to Smart Energy in order to gain majority shareholding and to stop Russian billionaire in his tracks. Krok do you know who this was?