PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Lehman news exactly what the mm's needed to drop price this morning, a great buying opertunity imo
Jaak, if your looking, as i posted on 6th March, we have now pulled back to mid 60's there may be further to fall, especially if the market turns down, however, in the absence of news this would appear a good time to top up, as any whisper of an additional JIP, or further mention of field trials, possibility of sale of units to JIP's for trials, or indeed further talk of seeking premises to start supply of orders for their turbo compressors will prob start the next leg-up, failing that the AGM at end of month should highlight progress of DGC...
Why the confusion, its what shares do... nothing goes up in a straight line, in fact CRA is showing remarkable resilience considering the situation in the markets at the moment, Has now consolidated between 25 and 50 dma's was hoping for a fall of another few pence personally so as to add more, but now looks as though its ready for the next leg up, although wether this can happen without more news remains to be seen...
Hi Jaak, good to hear from you, yes nice rise here recently, time for it to pull back in next few weeks, back to 25dma (65p), dont like to see the graph become unsustainable...!
Surprised no-one is chatting here, breakout confirmed, and may keep rising (albeit not in a straight line) until results on 19th feb, hopefully accompanied with a positive update on the DGC situation, prob sell off after this date regardless of results...
Will be interesting to see if we can make a new high, if so 60p should become support, certainly got some impetus behind it...
Have added an opinion (and it is just my opinion) that this is a buy on the strength of the test results from their downhole compressor, they may hit a glitch or two along the way, but unless the machines clearly dont work there is only one way the sp is going to go... It should be noted that the early tests have proved positive from the testing in Cumbria, so although speculative, this could multi-bag from here next year...
Somewhat overweight on these, and for good reason, even tempted to top up on next dip, having missed the chance yesterday, looks as though the market doesn't mind the placing as they are flying again today... another positive result from the compressor testing will send the sp into orbit, i feel the market is only just catching on...
On watchlist and considered re-purchasing yesterday, hindsight and all...
Kinda guessed you would respond on here, its a bit different on here nowadays...lol good to see you, Ged, Chan and my ole friend Jaak still around too...
bought more yesterday at 45.75p, lots more buying this morning i see, not difficult to see why...
Click on chart (above) change it to one year view, and tell me why on god's earth would you continue to hold these???
The company operates out of the Berong nickel mine, and has several other projects due to start producing in the next 18 months. Operating margins are still running at a mouth-watering 70 per cent and the Berong mine alone has enough nickel to last it at least another 20 years. Toledo looks to be a solid bet among the myriad smaller mining companies, and with the stock beginning to head in the right direction again, this looks like a good entry point for new investors
Toledo set to rebound as China lifts nickel demand The mining sector has been the driving force behind the UK market regaining its high for the year, or at least very close to it. But investors have been buying up the large-cap stocks at the expense of some quality players at the smaller end of the market. Toledo Mining, a nickel producer with assets in the Philippines, has fallen more than 46 per cent since peaking in June. At 475p, the shares were overbought and expensive, so a hefty batch of profit taking was probably in line given the sell-off in the nickel price. But nickel, in line with other base metals, has rallied significantly and although it remains some way off its all-time high, the signs are that demand is unlikely to shrink any time soon. Only last week, Denis Morozov, chief executive of MMC Norilsk Nickel, the world's largest producer, said he expects demand to remain "robust", particularly from Chinese steel producers.
is 21p to 47.5p not a big enough rise?
Hi Dasv, recovery will depend on Nickel prices next move, demand should stay strong, although i think stockpiles are currently historically high... http://www.metalmarkets.org.uk/2007/09/19/nickel-in-biggest-one-day-gain-in-19-years/
on my own here, but i do like the way the new site puts the current sp in the header of each posting, a good example of where averaging down is a great move, i was sitting on a large paper loss before topping up at £1.65 only 4/5 weeks ago, these are gathering momentum in line with nickel price...
RNS Number:5360E Toledo Mining Corporation PLC 26 September 2007 TOLEDO MINING COPORATION PLC ('Toledo' or the 'Company') HOLDING IN COMPANY The Company announces that on 25 September 2007 it was notified by RAB Capital plc that, as at 25 September 2007, RAB Special Situations (Master) Fund Ltd no longer held any ordinary shares in the Company. 26 September 2007 For further enquiries: Annie Richards, Toledo Mining Corporation plc: +44 (0) 20 7514 1480 Charles Vivian, Pelham Public Relations +44 (0) 20 7743 6670 Hugh Oram, Nabarro Wells & Co. Ltd +44 (0) 20 7710 7400 This information is provided by RNS The company news service from the London Stock Exchange END HOLBXGDCSGDGGRL onwards and upwards, Nickel rebounding...
et voila...
good for recovery, on the charts the 25dma has turned upwards and (providing the sp doesn't fall away in the next week) should create a golden cross with 50dma on upward impetus, imo this is heading further north from here...