Member Info for BIGBangs

Hi guys, sold my remaining position as seeking opportunities elsewhere. You are on very safe ground here and no one can criticise you for holding although if you now love Barrick so much I think you might actually be better off selling ACA and buying them directly after all they will receive 5/6ths of all the future benefits but obviously your call. For me I have taken my profit and spread the funds around other gold stocks particularly FRES who have been hammered since their last report but who will also be benefiting fully from the rise in gold price in $. Whilst I acquired a lot of shares in FRES at £6 which was akin to buying ACA at probably £1.30 in my view, I am still adding and will continue to do so whilst it remains under £7. Metro continues to kick me in the teeth but using my ACA analogy I believe at current prices that it like when we had the opportunity to buy ACA at £1 - it took guts but paid off in the end. I might be absolutely wrong on MTRO but it is not going bust and the pain will pass in the end, it is worth more than the current SP and in my view a better play than any of the other banks - Buffet is knocking the trend and buying big into the US sector. I am not afraid of a lower interest rate as the Japanese sector makes a 6% return on negative interest rates whilst UK/US banks struggle to make 2% despite positive interest rates, we still have much to learn.

Again you are on very solid ground with ACA but your potential profit is capped to 1/6 of Barrick uplift (plus the divi) and I just feel with all the other gold stocks out there to choose from other companies offer a bigger upside.

I have enjoyed your company on this journey and wish you all the best going forward.

Everything points to this being an excellent opportunity. I have gone through the recent release and bearing in mind it does not take into account the recent (and in my view sustainable rise in the price of gold) they are solid. I like the fact that they are dry piling the tailings many companies will face environmental issues in the future as they save money short term by using a dam, this is the future. Seems to be well run with costs locally in Reals which cannot be a bad thing but importantly have a good relationship with Brazilian authorities who seems very supportive. Hopefully of good news from the PEA and anticipate quick and substantial growth in SP to lift this very low market cap. Bearing all of that in mind I have taken about 50k shares and will add on any dips. ALB DYOR.

Made good money here in the past and have been watching and waiting eager to buy back in but I just did not feel the time was right but at these prices I just could not hold back any longer. I firmly believe that this is a very well run company with a BoD that are very willing to take substantial positions in their own stock - I like that. The SFO situation has been hanging over our heads for the past few years and virtually every scenario has been speculated about on this board over the years and it does no harm to go over the ‘facts’. Nothing has been proven despite many man hours of investigation. One guy has Put his hands up. Other companies who have found themselves in similar situations have settled for far less than the our SP has fallen so a settlement if it comes will see a substantial uplift. We continue to secure contracts and have a strong order book. The sector is against us but we have already suffered disproportionately to the market. The trade war will end at some point (2020?). Despite having paid down our debts we hold a lot of cash and pay large dividends to ease the pain of capital losses while we wait for resolution. Eventually an agreement will be reached with SFO or the case will be dropped. Our CEO is very wealthy and he or another company could step in to buy up the shares.

The market is a mess, this company has a lot going for it. GLA

Like everyone else I am sitting on substantial losses here. I added a lot of shares yesterday but I have done this several times expecting to see an uplift, unusually for me I have even done some short term trading on the swings to make a little money and make myself feel better. This company is absolutely not going bust and to suggest otherwise is simply fatuous.

Brexit is going to happen so build that into you investment decisions and it will cause another wobble in the markets because there are many that will exploit it as an opportunity to short UK stock. What I think we may have been missing is that the deadline for this is pretty close and I agree with many that have suggested we will see £ to $ parity. That means that investors from outside the UK (obviously our big hitters are from the US) only have to wait until this hits to start buying in earnest at basically a 20% discount to the $ price - wouldn’t you just wait? Until then the shorters have control (they will also have $ reserves so can buy back cheaper later). All this points to volatility but once this we are on the other side of this there is nothing to stop this rising to its true value which is certainly over £5 and very probably a lot more. With hindsight I should have held off from my initial investing but at these prices, for those that can see it through it represents a massive opportunity. We are the butt of many jokes on other notice boards but the SP already reflects at least most of the bad news so it may well be a case of he who laughs last laughs loudest. GLA - DYOR

Guys, I have viewed the interview and Tom clearly did not say further development so I believe the article simply misquoted him as they used a fairly standard phrase and did not understand the implications that we may have taken from the report.

It’s time to move on from questioning if they needed a fund raise - they have it and that now firmly underpins the price.

Everything we have been told makes this an exciting opportunity with applications across the world. We only have to wait another few weeks to get a better understanding of the take up. I have a large holding so I am confident that we are onto a winner. Personally I believe if this becomes of proven value we are likely to be taken out by a large player and my target price is 10p - you must set your own. GLA - DYOR.

An inexperienced board in the hands of a small broker who have almost unlimited control. The conversation will have gone along the lines of - you have done a great job here - let’s raise some money now whilst the market is with you - a bird in the hand - we have some friendly buyers lined up who will stick with you - don’t worry about dilution you should issue some more options - we think you are underpaid in relation to your peers and all the time what they are really thinking is do a placing, we can help out some friends and take a chunk of additional shares as a fee.

Thank you but a modest £24k investment should not be able to move the market - I think we are all concerned by insider trading but I saw this as an opportunity to slightly reduce my average in a product that I feel has great potential - I would guess that the placing if it comes will be at these levels - I still don’t really understand why they need the money or why they would do a placing pre announcement at these levels but you can never underestimate the stupidity of the AIM market unless of course the placing it at a higher price and then I could understand, even applaud it. Just have to wait and see now - ATB.

Of course Elartu, nothing wrong with that - I do not normally - in fact I never have, posted my trades before but I thought on this occasion I would make an exception. Doesn’t mean that I am right and unlike many it would appear, I have no inside knowledge but I know quite a few people in the medical profession who would use this if it does what it says on the tin.

There is absolutely no way that the medical profession will not use a sanctioned facility if it is made available to them they really have got to much to lose - still a speculative punt but if this thing gets NHS approval it will fly. DYOR ATB

And here is the first as a sensed some scepticism:-

Order Status Executed
Date 08/08/19
Time 12:42
Stock Name FEEDBACK ORD GBP0.0025
Action Buy
Order Type Market
Symbol FDBK
Quantity 1,000,000.00
Limit Price
Price £0.0115
Consideration £11,500.00
Commission £3.99
Stamp Duty £0.00
Levy £1.00
Total £11,509.98
Accrued Interest £0.00
Expiry Date n/a
Market Currency GBP
Settlement Currency GBP
Indicative FX Rate n/a
Order List

Here the last one I mentioned

HelpPrint
order confirmation
Thank you. Your order has been received and we will attempt to execute your instruction as soon as possible

Order ref:MGM4ZW
Buying 1,000,000 FEEDBACK ORD GBP0.0025 (FDBK)
Status:Pending
Placed at:12:59:15 08/08/19
Order Type: Market Best

Order Details
Settlement DateT+2
Estimated Cost of Shares £12,500.00
Estimated Commission£3.99
Estimated PTM Levy£1.00
Estimated Total To Pay £12,504.99

Don’t know but having though about it I just added another 1m effectively doubling my previous holding unfortunately this one went through at 1.25 but still happy. That’s it for me now I suspect let’s see if AIM can finally come good for me. ATB

I am still pretty miffed by the potential placing news being heralded on Twitter but feel my original buying decision was sound. I have looked at the tweet you posted bidnolid and I think it is great so I have increased my holding by an additional 1m shares which came through at the sell price of 1.15 so pretty pleased with that and reduced my average.

Speaking for myself I am happy to see some inflation better that deflation every day of the week. I think this drive to the bottom we have been through over the last decade is bad news - we fly things around the world so that the British consumer can enjoy non seasonal products all year around and penny pinch at the expense of quality. I know my circumstances are different to many but a lot of people would be prepared to pay more to improve quality, working conditions and animal welfare not to mention the environment. A falling £ encourages people to spend money on locally produced goods paying directly into the local economy securing jobs and creating revenue via taxation- entirely good in my view and yes I am totally prepared to pay more to go on holiday. As for the markets then a tweet can effect us more than fiscal policy but there are many tweaks that the government could use to stimulate the economy and business especially if we are prepared to print more money which is incidentally good for gold.

Sorry big thumbs.
The trade war has been a long time coming and is in my view far from over. I do not agree with everything Trump does or says but he is right to fight on here the Chinese have been exploiting weakness in the west for too long and it has to stop. It may get messy but the time is right to level the playing field. If I am called upon to choose between an elected Trump in USA or despots in China or Iran I will choose Trump every time - his values may not be mine but he is much closer than others who despise us and our system. Don’t quite know where that rant came from but there you have it. ATB

A really great post VV I could not agree more about fiat money - central banks can and do print just as much as they like and nothing happens. Gold at $1900 quite possible it would still be historically low but the world will be in a mess by the time it gets there. Franky use caution with bitcoin it has not yet come of age and is shrouded in manipulation and generally doggy dealing being effectively controlled by a couple of big holders - I will not touch it but of course many do and a few even make a profit. The Tra

That explains all the spurious posters who appeared here - looks like MW were caught off guard by Trumps tweet. Let’s hope they exit now and let us get on with it. If we can break £7 then £8 will follow quickly. ATB

Gold and silver holding highs is an extremely good sign. Although a tweet could change direction market sentiment heavy favours our sector. We remain cheap in comparison to our peers and not much in the way of us reclaiming £8 soon. If gold and silver keep rising I will up my target to £10.

I feel this dip is just a reaction to the uncertainty in the rest of pharma - holding a large position and I have no intention of selling any until a settlement is reached or the case is dismissed. ATB

Hi Super - I can see no end in sight to the Trade Wars so anything could happen to the stock market over the next six months. If pressed I would speculate that oil/copper/banks etc will continue to feel the pressure whilst gold/silver breakout. I am beginning to take more of an interest (not invest in) builders as I feel they will continue to suffer and be forced still lower until after Brexit when with their massive dividend they will blossom but as has been pointed out before what the hell do I or indeed anyone else know, one tweet could change everything.