Member Info for beardozer

I'm invested in ERIS along with ORR in the hope that tiny gold miners will benefit from the rising price of Gold but it's not happening. I'm starting to think that printing new money coupled with negative interest rates is actually having a negative impact on the value of Gold despite its initial rise. We are living in Strange Times I can't understand.

OK - please accept my apology. You need nerves of steel to invest in shares like PXOG. Six months later you're patting yourself on the back.

Yeah, hindsight's a wonderful thing but we can only do the best we can. I was invested in PREM in the early days when it really looked as good an investment as ZIOC! It rocketed and I failed to bank profits and then it issued billions of more shares. Not something ZIOC will ever do unless we're all very much mistaken but who knows? All I want is a takeover offer for ZIOC but how long must I wait?

Yes, the lack of PXOG Director buying does speak volumes but I remain hopeful. I'm hoping Ed doesn't realise how much future wealth he's not investing in! He certainly looks sleepy enough in his interviews. I'm currently reading Stuart Wheeler's autobiography which I highly recommend. He sold out of IG Index far too soon and missed out on £200m. Reminds me of the Japanese bloke who missed out on investing in Amazon. Instead of being a billionaire he could've been a multi-billionaire.

How much are PXOG paying you to ramp their shares? 10p a post? You could earn more begging.
Strangely enough, I am still convinced PXOG could have a bright future and if only my other investments would reward my faith I'd be buying big-time here. Ironic?

"Sit on hands time" means I failed to sell when the SP hit 15p recently but I was too afraid of missing out on The Jackpot which I'm losing faith in. Pleased to report that ZIOC is now only 63% of my PF as I explore other routes to riches. Hot Tip: PXOG DYOR

So few comments about TOM being Top Riser on Thursday and Top Faller on Friday. Not sure that has ever happened before but I'm sure someone will correct me. So much volatility considering how few shares are available to trade. The MMs make the most of it while volumes
are tiny. I remain confident and I hope whoever paid 1.68p on Thursday wasn't too dismayed by someone selling @ 1.05p the following day.
And what about the 1,400,000 buy which I'm starting to think could've been a sell...

Yes, topping up has never tasted so good! Most of the "sells" over the past week are actually
buys. I've taken a small position as DPP looks cheap to me. They may be loss-making now but as soon as the profits start to materialise I'm expecting exponential growth. Earlier this year Directors paid a lot more than the current SP and there's £5m in the bank. As for the stores being worth £1m each I can't see it and don't you need to differentiate between company-owned and franchisee-owned or am I missing something? I might add I've NEVER bought a takeaway pizza!

Why so antagonistic? Let's hope you're as right on the way up as destitute was on the way down!
As we all know, timing is everything and I really think now might be a good time to buy PXOG bearing in mind it's generating revenue which will more than cover their electricity bill. Incidentally, if 3 buys can raise the SP 5.56% then PXOG could just possibly be a coiled spring. I increased my holding by 92% today and it was reported as a Sell.

OK - 60,000 euros x 12 converted into £££ = £640k per annum which gives PXOG a current PE Ratio of 2.2 which seems cheap. A more sensible PE of 11 would quintuple the SP to 0.45p.

Too late! I just ploughed through desti's PXOG comments all the way back to the start of 2018! Unfortunately, I failed to find any calculations but on 8 July 2018 he did say "this could be a 100 bag"... To be fair to destitute he has predicted PXOG's downward path with uncanny accuracy but I doubt anyone thought it would get this bad. Let's hope the only way is up from here. A cold winter would help or is that just an impoverished shareholder clutching at straws?

Can someone more clever than me value a cubic metre of gas? Then we might be able to decide how much revenue PXOG can expect in the short term without worrying about Spain, the so-called "game-changer". My research suggest a cubic metre of gas is either worth $83 or 24p! Either way PXOG looks undervalued...

LONGWAIT, you make a very good point! Whatever the deal ( and I think we can improve on APEC after the Irish Government's decision to phase out oil exploration) Barryroe needs to move forward. A bit like Brexit? As soon as a deal is done the SP will explode and LOGP could prove to be an excellent long-term investment if hundreds of millions more barrels of oil are discovered.

Wise words and congratulations on being many years further from the grave than some of us.
This week my PF plunged 18% but for some strange reason I'm feeling more confident than I have for some time. Partly because I'm no longer relying on ZIOC to hit the jackpot - now I'm expecting LOGP to line my pockets a lot sooner. Other hare-brained schemes are available.

Money doesn't arrive so LOGP still have 20% of Barryroe? Further licences are phased out so Barryroe is much more valuable? No-brainer?

...for my PF rising 13% this week after plunging 10% last week. Shame on my other 5 holdings not living up to my expectations but I remain confident. As a subscriber to MoneyWeek I keep being told to invest in Gold as an "insurance policy" but that's rubbish advice. 10% of your PF invested in Gold while 90% is invested in shares that plunge 50% is hardly "insurance". Come on ZIOC! I'm itching to buy a 595 Esseesse and tell my employer where to go! Recent pay rise: 2.94%. I was earning more 10 years ago as were many others.

Progress is being made but not fast enough for some. Shame they don't quantify the "material revenue stream" - if there were a decent dividend to look forward to I'm sure the SP wouldn't be this low.

DegsyAlmomd has arrived! Prepare for a swift Pump'n'Dump so make sure you bank your profits!
And, of course, buy even more shares after the collapse. With very few shares available this could be interesting.

Montecristo: who in their right mind takes advice from someone on here? Surely, having DYOR you stick to your guns until circumstances change.
WhatAboutLogic: Keep on DYOR - it's the only way to make any money apart from buying in on the coat tails of the latest Pump'n'Dump which, unfortunately, ZIOC often is. There are always multi-baggers about and I believe ZIOC is # 1. But I'm also planning to open a new ISA where resources shares will be noticeable by their absence. No metals, no oil - I'm much more interested in entertainment, transport and new technologies.

ericeric: you're not qualified to offer "advice", not that being qualified makes any advice worth heeding! Yes, selling @ 14p would've been a good call but just imagine if the takeover offer arrived just afterwards! Much gnashing of teeth and lives ruined.
WhatAboutLogic: Never thought I'd see a reference to female orgasm on an Investment Forum but why not? And I agree with your general point: investors who behave as if they're supporting a football team are idiots. I'd be interested to know if you've identified any other multi-baggers as we all know ZIOC is a no-brainer (worst possible endorsement!)
DGR1980: which team do you support?