Member Info for beardozer

Where are the Director buys at this bargain price? Where are the new contracts? Is the technology actually worth anything? Interesting article in this week's Autocar about Yasa who have been taken over by Mercedes who want to secure their technology. Is TWD's technology worth securing? I'm down a huge amount here but I refuse to give up! And also refuse to average down. TWD will either float or sink so it's now a binary bet which I never thought it would be when I first invested. Would it kill the BOD to support their own company? No news since 28 January is very worrying.

...so next time I see my postie I'll ask his opinion. Today's SP bounce is very unconvincing if there's going to be a Strike and who could blame the loyal workforce?

All these metals in "great demand" yet mining companies' SPs are where they are. By the time you retire the CUSN SP may well be higher than it is now. Meanwhile, it may well hit 9p! And when it comes to discussing Investment no opinion is "silly". Get off your high horse!

Yesterday I increased my holding by 34% by buying 555,555 shares having been inspired by an earlier 4m buy but today momentum has stalled. It struck me that a $1bn company like IAMGOLD would not be wasting their time with ORR if they didn't think it was worth their while. Looking forward to 25p per share in the next Gold Rush.

Years away from making any profit and technology will change in the meantime.

4kandles: I know what you mean! But we're all "experts" in our own way and new interest in ZIOC is to be welcomed.
ALB1: I thought you said we wouldn't be hearing from you for a while! Are you American? Englishmen never "do the math". Your 70p per share analysis could be spot on but LTHs were hoping for at least £1, possibly £2 and impossibly £3.
Not that mere shareholders can have any influence on the value of the Zanaga Project and I'd accept 70p now instead of £2 in 5 years' time. Not that we'll be given the option. However, I don't agree that "there's nothing else for the ZIOC team to do, or even can do". They might be required to defend an opportunistic takeover offer from a reckless hedge fund or even me if I won the Lottery. I'm surprised it's not happened already. Maybe it has - whatever happened to the "interested parties" who never got mentioned again?
Paris1981: Please don't advise investors to go elsewhere! ZIOC needs all the investors it can get!

I posted a comment re: JonnyMac82 which has also been removed!

What I want to see is a new 52 week high! Considering the very low number of shares available and the steady buying of late I'm surprised the SP hasn't responded more positively. Apparently, buys to sells ATM are 67-1 yet the SP is only up a lethargic 0.73%.

But it remains a binary bet. Last week I lost my bet on MCLS which cost me £2563. If I lose my bet on LOGP it will be another £4500 down the pan - wish me luck!

There's talk of KP2 being a 20-100 bagger which might inspire hope in ZIOC as it's in the same country which nobody can identify on a map! Geography was never my strong suit as I had an aversion to ox-bow lakes.

"Plus maybe.
3. If the share just looked too cheap due to panicky short term holders who have decided that the fun just isn't worth the danger."
I've been invested in ORR for many years and the main reason I first invested was I wondered if it could be the next GGP!
Seems a bit naive now but why not? Since then ORR has rocketed and then come down even worse than a stick. Is ORR looking "too cheap"? I have no idea! But if trash like VAST can rocket 422% in one day then why not ORR? That doesn't say much for our illustrious BOD and talk of a rising Gold price lifting all boats almost makes them redundant! Despite Eileen Carr's recent Buys (God bless her) no Director owns a significant chunk of the company - even poor old beardozer owns more shares than two of them!
Not sure why I remain invested except I will always support the underdog and many other gold exploration companies appear to be overpriced but WTFDIK? Come on Tim, if you can't deliver shareholder value then get your mates at MTL to launch a takeover! I'll be happy with 1p and MTL will be rubbing their hands with glee. Job done!

I'm sure we all look forward to hearing from you in 6 months or so. And you don't need to tell us what we already know. Meanwhile, have you actually bought any shares at this bargain price? If you're not losing sleep you haven't bought enough!

TheSpecial1, ALB1, Drago1 - E-X-T-E-R-M-I-N-A-T-E! And how can ZIOC be up 4.45%? Tiny traders dealing for free on their phones are paying a very high price for their shares.

I hope you're wrong! I don't like living in this world but the old world is gone. My new favourite TV programme is Nightmare New Builds - anyone watching would never buy a new house! Shared equity? No thanks! What was wrong with Council Houses? And what's wrong with the Basic Necessities being provided at an Affordable Price? Communism? No, common sense!

"Zioc is the most undervalued resource stock ever!" Welcome to the bath no spiders escape from! Unfortunately, we've all been saying the same thing for many, many years and look where it's got us! I've just lost £2563 as the good ship MCLS disappeared beneath the treacherous waves so I could do with a decent jackpot from ZIOC. Preferably within my lifetime which is shortening by the day.

I think next week is going to be very grim for most shares! There have been a helluva lot of 52 week lows lately and I can only see it getting worse. I think MCLS's demise will be forever associated with a sudden plunge in the UK Economy and it wasn't doing very well already! Next thing to expect is a Housing Crash.

MTL appear to be struggling as badly as ORR! This morning's new 52 week low isn't much of a welcome for Tim but could his involvement with MTL be good news for ORR? At least MTL is a producer. Talking of "financial/investment backgrounds", it's struck me that a Director's previous track record is no guide to future performance. Makes me wonder how much is down to luck and/or timing.

I sold some shares @ 103p but BEN is still my largest holding and 27% of my PF. It's a shame nobody else tells it like it is.
Instead, it's all about "buying the dip" and then the SP falls further! If nobody here is a paid ramper then we're all a bunch of amateurs who have struck very lucky! 150p by Xmas! And Merry Xmas to penstock's mum!

So you're down around 70% which is grim and means ORR has to rise 233% from here before you start to make a profit.
It's not impossible and I would be inclined to hold rather than fold. I think Commodities are the place to be invested over the coming years and Gold ought to do well if inflation gets out of control which I think it will. ORR is currently 8% of my PF.

"Haha why would they pay for it when they can get it for nothing when it goes bust" Really? Meanwhile, mountainous shares my view that it would be in Morrisons' best interest to takeover MCLS before it enters Administration in order to be in complete control before selling off the bits of MCLS they don't want at their leisure. Alternatively, I am very surprised Amazon hasn't made a cheeky offer (or a very generous one) which would force Morrisons to offer more.