Member Info for beardozer

Times change and GLEN will do the best deal they can in current circumstances. 200p would be great and 300p would be even better! But I suspect most of us LTHs would be happy with 200p. Does anyone have any suggestions for other binary bets?
Transformational events etc. I'm already invested in LOGP where things appear to be moving in the right direction. Also invested in ORR where the gold mine next door sold for $450m.

How can cinemas survive? Assuming social distancing is still required? Apart from future people having less money to spend on Entertainment? It's going to get much worse! According to the FT, Stock Markets fall roughly as much as Corporate Earnings. The depth and extent of the Global Recession indicates that profits should halve this year yet the FTSE All World Index is now back within 20% of its peak. Investors are underestimating the effects of rising unemployment, falling capital expenditures and tighter financial conditions. So why not buy Gold?

My thoughts exactly not long ago and I was shot down in flames! REAT are in the right place at the right time but it will take time to train new staff as it's a very skilled job. The company prides itself on its very high standards and the fact that it's called in after other cleaners have failed to eradicate coronavirus speaks volumes. Despite very few shares in public hands Mr Market seems less than impressed. But I still rate REAT a Strong Buy!

I dunno. If I hadn't already invested a significant portion of my PF in PXOG at a far higher price I'd be very tempted to go large. Unfortunately, my previous experience with other oil minnows leads me to view that course of action as Extremely Reckless. But that's how you make money (or lose everything). Despite PXOG's bad week my PF was up 34% and I'm expecting PXOG to bounce significantly without any further input from me.

Realistic short term target? It could be 200p! Very pleased ZIOC has rocketed 58% this week and there's a lot further to go. But where's the logic in this Market? Was there ever any logic?

You're a strange one! And you "do not believe ZIOC will be the company to get the iron ore out of the ground in any hurry. They will run out of cash imo." Fair enough! No mention of all the interested parties keen to get the iron ore out of the ground. If there are any! So far you've made more money out of ZIOC by not investing than all the LTHs. As always, timing is everything . And it really HURTS!

Can't understand why the SP isn't over 1p by now. Deep-cleaning is very much in demand.

LOGP up 50% but I'm still down over 50%! TIMING IS EVERYTHING! Not too bothered as the eventual deal will vindicate my investment. Over-confidence ? Apparently it's genetic. These times are life-changing. I've discovered 1970s Jazz!

Someone please reprint all the recent comments! On a huge canvas - must be worth more than ZIOC? STZ is a joke and is only there to wind everyone up. Everyone who's "lost" money except, unlike him/her, we didn't sell! LOGP was up 50% yesterday and I see no reason why ZIOC won't follow suit (I own shares in both). And then keep rising while the expected deals are eventually done. It strikes me that the binary investments will be more attractive than usual in the current climate.
Another reason to pile in. What's very worrying is companies cancelling the dividends pensioners depend upon. It has far-reaching consequences nobody's bothered to address.

"The brand has a huge value to someone" is very wide of the marque!

I bought this week but then wondered how they're going to find the staff to cope with all the extra work? Might explain the lack of SP progress. But I can still see the SP doubling with so few shares available.

But so far it's not happening. ORR is my second largest holding and I will remain invested but not because I'm expecting the price of Gold to exceed $2000. Maybe I'll be proved wrong in which case it's a win-win-win.

Apologies for thinking you're American! Obviously, we are labouring under huge cultural differences here.
It is not the done thing to brag about how cheaply you have bought especially when most of your readers have paid considerably more! But the truth never hurt anyone. Allegedly. As for what I think will happen? And "WHY"? I have no idea. I've been invested in ZIOC for many years and it's been dead money. You've done well to buy in at 60% less than I paid.
Good luck!

Not so sure Gold will rocket but ORR is definitely undervalued. When I visited Waitrose on Saturday after queueing for 30 minutes there were no baked beans available! How many millions of tins are residing in the cupboards of panic-buyers?
By the time they get through them they'll never buy baked beans again!

Why is coronavirus killing some people within 24 hours? Why are most of us only feeling very mild symptoms? It won't wipe us out so Iron Ore will still be required. So the Zanaga Project is still worth paying $billions for?

Yes, I was aware of that but it's very convenient!

You make a fair point and then claim GLEN isn't interested! Get rid of them? I give up for the second time today.

Whoopee! All my investments are binary i.e. waiting for a transformational event. So far, so bad and I can't see things improving. If and when I look forward to buying a new car.

Can we get back to discussing PVR?

The voice of sanity! My son thinks coronavirus is Biological Warfare Gone Wrong and I have some sympathy. We will never know. Most idiotic remark this week was Michael Gove claiming the virus doesn't discriminate!