Member Info for beardozer

Suddenly the SP is up! Does it mean the Technology works? What happens to all the oil if the Technology doesn't work?

It's definitely worth a small punt at this price. There could be so much happening in the background that we know nothing about. Talk of a placing is very wide of the mark IMHO.
But WTFDIK? I prefer to think there'll be a very good deal which nobody's expecting.

But that's true for so many shares. Hard to see a pizza shop going bust but WTFDIK? It makes me want to open a pizza shop! Maybe after I've made my fortune elsewhere with ZIOC and LOGP.

When can we go all in? ZIOC is now 59% of my PF which for some reason I find reassuring. The other 8 holdings are doing their business (some better than others). The current SP doesn't indicate any impending takeover offer. But why isn't it 20p or 30p? Assuming any takeover offer would be at least 200p? Easy money.

I see no reason why not.

destitute: congratulations on your BOIL investment! The same could easily happen here.
LikeOriginal: you come across as a PXOG insider! And there's nothing wrong with that - PXOG needs all the help it can get and I'm 75% certain I'll wish I'd bet the farm a year from now. Mark my words!

Definitely more interest in ORR this week. Which could disappear next week! Keep trusting the fundamentals and you might stay solvent longer than the Market remains irrational.

I sold one nineteenth of my investment in ZIOC @ 10.35p in order to buy shares in PTAL which has since risen 13% and I'm confident it's a 4-bagger a lot quicker than ZIOC is a 10-bagger. The joys of juggling your PF! I just wish other punters were more honest about their deals. It would be more helpful than the usual crap. Can any of them say the ZIOC SP won't still be 10p in 2 years time? I remain invested just in case the mythical Chinese arrive while iron ore prices are falling. An excellent time to secure a huge chunk of future supplies?

You scare me! But I can see where you're coming from. Particularly frightening is: "We are all here because we believe an event will blitz previous levels, but who will be prepared to take profit if it opens at those 50 or 70p levels, instead of the £1.50-3 predictions?" I've always been too frightened to bank profits and I'm inclined to hang on for £3 but maybe I'll sell half my holding along the way. Except I never thought ZIOC would slowly rise - I always thought a Chinese takeover offer would lead to the share's suspension and if you were invested your dreams would come true. Anyone trading ZIOC would be left out in the cold.

This week I thought about doubling my holding in the comatose tiger or investing in the company in which ORR's second-largest shareholder recently became a Director and paid 4p. I paid 2.85p to invest in ARCM and the rest is history (hopefully). I'm 99% convinced small gold miners are the place to be invested but it could take some time for them to multi-bag while other shares stagnate.

I like the sound of "ridiculously high support" - £3 would gift me £570k! Thank you God! Even higher is possible with the mad world we're all living in. I remain confident. I say that about every share I hold! Ha! Ha! Ha! Shame my other 7 holdings have yet to repay my confidence. Not sure about my 3 oil companies but surely my 3 gold miners will come up trumps? American debt is off the scale. But does it matter? As for pizzas - people always need to eat in Poland! Other countries are available.

It's time you saw the light! Stop complaining about PXOG's demise and start expecting a sudden re-rate (however long it takes). I have a horrible feeling PXOG could surprise us all which means I'll be kicking myself for not quintupling my holding at this price. On the other hand, PXOG could go bust just like some of my previous high-risk investments.

ZIOC was up 22% this week and sooner or later 50p will be the new bottom. Why not if £3 is the expected takeover price? While beardozer could live with £1 I'm sure the Directors want at least £3.
This has to be AIM's Best Hope Of Hitting The Jackpot so I'm surprised so many punters own bargepoles. Just try buying once it takes off! With so few shares in Public Hands it's likely to get ahead of itself. Buy now while stocks last?

Thanks for your input. Since investing in DPP I've been looking at DPEU which looks more problematic due to raging inflation in their markets. Pleased to report I bought a pizza in Waitrose!

You ask a very good question which I can't answer.
Maybe extrader can help?
My understanding of "my bad" is it's a full apology i.e. my bad pass
Nobody will be surprised to hear I'm now investigating slime moulds after a brief article in the Grauniad inspired me to buy a book about them.
As for ZIOC - the top dog holds 88m shares which would indicate he's fully aligned with the rest of the shareholders. I hope PXOG Directors are reading this!

So buy now while stocks last? If only the Directors shared your enthusiasm! Their reluctance to invest in their own company is a huge red flag which only deters new investors. Are they too stupid to realise that by buying a significant number of shares at this level the SP could quintuple?

...or is it dead? I'm hoping ORR still has a pulse but it's up against a Market with no interest in tiny miners. Which will change but how long will it take?

I note you used the expression "my bad" which has annoyed me ever since seeing the TV commercial featuring Robert de Niro. A great actor always in need of the next crust as are the rest of us. Its first citation in print occurs in 1986 in a guide to basketball. Apart from that, it's all looking very depressing here and not much better elsewhere in my PF. Long gone are the days when I paid CGT on my Stock Market profits. Of course, my ZIOC holding is in an ISA so I have no worries on that score apart from whether I'll still be alive when ZIOC finally delivers. Time waits for no man and the Directors must be as keen as the rest of us to cash in their chips and retire.

Very positive article on the prospects for the Polish Economy in MoneyWeek today which can't do DPP any harm.

Massive buys yesterday and today and the SP is down 4.76%!