Member Info for beardozer

Are you bonkers? Nuclear War will be slightly more than a 90% + correction. I recommend you buy baked beans and forget about your shares in Zanaga which won't be developed for another thousand years. Sad to see simonthezealot's negative view seems to be prevailing for which I can only blame the ZIOC BOD. Sub-8p is a disgrace and only encourages more punters to sell. For my part, I'll be grateful to exit with a 50p offer which would solve all my problems but 100p would be life-changing. 300p would be even better but what are the chances? I sense we're heading for a huge downturn as Climate Change impacts on Growth and Survival changes everything. But you'd think Iron Ore will still be required so I remain invested.

Apologies for talking to the animals but they've certainly sparked some discussion! And let's not forget Glencore could shaft Zanaga but I don't think they will. I look forward to life-changing news.

You're an idiot - nobody is ever "held prisoner in a share". I suspect this is a wind-up and anyone taking you or your "brother" seriously would be better off buying more ZIOC before it explodes.

Bear that in mind while considering an investment. But I'm not sure I agree with skier1's fair valuation of 2-4p. As Candid says the sooner the biotech investments are disposed of the better. Not all ANIC's investments will come good but I'm sure the few that do will make 9p seem like a bargain in years to come. But I'd rather be paying 6-7p now and I don't think 9p is a top-up opportunity.

Welcome aboard! Yesterday LOGP attracted new investment which would barely cover a decent restaurant bill. I've given up on restaurants having discovered a wonderful gastropub with a happy hour. Good food & half-price beer ticks my boxes. As does LOGP if you're keen to place a binary bet. The market takes a dim view but PVR's new Top Dog with his history ought to get things moving with Barryroe. LOGP has to be at least a 5-bagger from here even with a lousy deal. With a decent deal a 50-bagger? I have no idea but can only hope for the best. Obviously no deal = total loss. Place your bets!

Twice I've failed to trade it and missed out (sell at 0.53 and buy back at 0.43 or sell at 0.58 and buy back at 0.48) but long-term the trading profits will fall by the wayside. I'm hoping it will soar past 1p in the not too distant future. You never know - ORR's goldmine might be worth even more than the one next door! DYOR and tell me how many miles they are apart. And then consult a Geologist.

Maybe the arrival of JezTheFez and simonthezealot is having a negative impact? I wouldn't've thought so but I'm sure they'll be pleased to claim credit. The sooner the BOD dispels any fears the Market appears to have about a placing the better. Or, alternatively, put us all out of our misery by announcing an existing shareholder has bought X amount of new shares @ 10p which would be helpful. Yesterday my X-Wife sold her shares in ZIOC and banked a 192% profit having paid only 2.7p many years ago. Sadly she needed the cash after losing her job. Life always trumps Investment.

You make some good points but I was only speaking from my own perspective. I rent my accommodation and all my cash is in the Stock Market! Yes, compound interest is a wonderful thing and my investment strategy will definitely change as soon as ZIOC (or one of several other holdings) come good.

You're missing the point and not for the first time! Yes, riding the wave and banking short-term profits is one way to be a successful investor. Always bearing in mind that timing is everything. But LTHs in ZIOC have not failed - they are simply awaiting the ultimate jackpot which you think will never appear. Yes, my investment in ZIOC has been dead money for many years but I'm hopeful of a very successful outcome. And if ZIOC should fail to deliver I have other irons in the fire. Sooner or later I will emerge triumphant. It's only a matter of time which, of course, is everything.

Only risk money you can afford to lose is common sense. Risking 2-3% in any investment might be construed as common sense but may not make you rich beyond your wildest dreams. It implies a PF consisting of between 33 and 50 holdings which is far too many! A concentrated PF is the only way forward - nobody needs more than 10 holdings. If you're worried about diversification then invest half the PF in funds and concentrate on hitting the jackpot with your 5 active holdings.
ZIOC is currently 51% of my PF. At one point it was 80% but it's done so badly my other 6 holdings have overtaken it. I remain confident.

Strange how it's supposedly so hard to buy on the way up but any selling plunges the SP. Maybe down to so few shares available to trade? I remain confident. Thousands wouldn't. DYOR

...ZIOC is currently the millstone around my PF's neck! Fears of a placing seem to be overdone but the practicalities will always prevail. If you're intending to invest in ZIOC then waiting for the SP to plunge 25% from 8p to 6p after the placing nets you 33% more shares. I prefer to think there will be no equity dilution and loans will plug the gap before we can all buy Ferraris.

Accept that you're not cut out for Investment. And endless bitter rants are not the done thing. Nobody is "imprisoned" as a shareholder and if you really think you are I recommend you see your GP. Seriously.

I'd love to know what prompted someone to sell 665,311 shares yesterday while PVR belatedly responded to a new Top Dog and ended up # 2 Top Riser while LOGP languished at # 51.
It's all getting very Alice In Wonderland.

...pesky profit-takers ORR might be a lot closer to 1p. Personally, I'm hoping for 10p which is still only a Mkt. Cap. of £70m.

May I ask what percentage of your PF was invested in ZIOC ? I get the impression it was far more than you were comfortable with you if it was making you lose sleep. ZIOC has always been a binary bet: either the mine will happen or it won't. I've been invested for a lot longer than 3 years and am happy to carry on waiting (and I'm currently down £3k). This week I even increased my holding by 11%. Good luck!

PVR currently # 12 Top Riser up 9% while LOGP attracts zero interest. I'm feeling more confident about Barryroe being developed but at what cost? Still, even if LOGP has to surrender 75% of its interest to get a deal the SP will still multi-bag from here.

Thanks for the VT Gravis Clean Energy Income tip - it looks very interesting. Up 32.7% over the past year which is respectable. Apologies to Sooty for casting nasturtiums. However, going from 8p to 300p overnight (more or less) is exactly what I think could very easily happen. Why wouldn't it? A takeover offer is received and the SP responds (unless trading is suspended). Yes, let's hope the cavalry arrive by Easter and good luck to all of us.

Thanks for marking Sooty's card. He's not the only one losing faith - somebody sold 150,000 shares this afternoon and I'd be interested to know why. It's all very well being told to have patience but some of us have been very patient for many years and I suppose all we can do is keep calm and carry on. But it's still a mystery to me why the SP is where it is if the future's so bright. At the moment I won't be investing in sunglasses. Your mention of Poseidon reminds me of Waverley Australasian Gold Unit Trust from many years ago. It rose astronomically - even buying after it had risen 200% was still a very good call. I think it was up something like 327% (and unsurprisingly # 1 Unit Trust that year) before it tumbled. While ZIOC's been in the doldrums I've done well with ORR who remind me of ZIOC in some ways. What I'm starting to get interested in is Hydrogen - can anyone recommend a Hydrogen Miner? Joking aside, I think there's more money to be made investing in the infrastructure providers but who are they? Unless it's just down to every petrol forecourt having a hydrogen pump installed which doesn't sound right. Whatever happens, I'm 99% convinced electric cars are a passing phase unless the technology improves or hundreds of thousands of miles of new roads with built-in wireless charging are installed throughout the UK. Once again, the infrastructure providers will make a fortune.

My PF contains 7 holdings and TOM is the smallest reflecting its high risk/high reward/no reward scenario. Obviously, it's oversold at the moment which could trigger a fairly swift 50% rise into 2020 and I see it hovering around 1p until positive news makes it # 1 Top Riser.