Member Info for blanklook

Actually, that reads slightly wrong ... so I will correct myself (apologies).

He didn't notify the market for months and months, and then was instructed to do so by the company.

Brokerman Dan sold out his entire holding ages and ages ago, and never notified the market!

Easy pump and dump, no one would buy this stock to make money for growth ... let's be honest.

The only people positive about this share, are the ones who are stuck or locked in.

To the impartial, logical and savvy investor ... you wouldn't touch it until the investigation is resolved. Anyone who says otherwise is either an idiot, or a high risk taker with money to waste/burn.

The is AIM, 95% of companies are corrupt and the FCA don't even bother looking at them. So for the FCA to lift a finger or even get out of bed, you need to be obviously, blatantly and maliciously corrupt.

Whenever people use "institutional Investors money" as an argument ... they always fail to recognise how many institutional investors lost money on investing in far bigger companies than those on AIM (such Enron, Lehman Brothers etc). As if institutional investors can't lose, and they're always onto a winner.

The fact is Institutional investors can afford to lose money, and they'll essentially write it off as a tax (and capital) loss. More often than not it's their clients money anyway, and won't affect their own books.

Just because they can afford to lose money, doesn't mean than private investors can afford the same mistake.

Told you so ... so make that 6 posts.

If you ignore the next 6 "told you so" posts, you'll be ever poorer than you are now!

Where are the rampers this morning?

This was going to bounce hard today ... apparently?

Why are you surprised?

You can short this piece of sh** right down to the bare bones. It's a prime target!

This is AIM people, if it seems corrupt then it probably is.

Get out, get out now ... and don't look back!

No a single shares traded today.

Do you get that feeling that EVERYONE is waiting for the re-rate? ;-)

Not only has the director purchased the best part of 3% of the company with this deal (on top of what he already owns) ... he has done so just before announcing the new resource estimate, and further funding deals.

You don't have to be Warren Buffet to read into how confident the Directors are on both counts.

For an AIM company, this is almost unheard of.

I've been saying we have a persistent seller for ages, dumping large round numbers every single day.

Up until now they've been careful not to kill the SP, but obviously they're getting impatient now.

Mkango currently ranking as No #1 most popular RNS of the day so far, yet movement is pretty minimum?

Seems retail are waiting for warrants overhang to clear maybe?

Only matter when you are producing, we aren't selling it ... so it's not priced in.

Lots of companies look for Nickel exposure in some of these explorers, but not enough to sway the SP. Trust me, Glencore are not looking at Nickel prices and selling HZM on daily movements.

This is all to do with investors wanting to get out, my bet is LO and possibly one or two others.

doubleup,

Agreed, biggest joke on AIM is ADL. Ask anyone ... Simon Gorringe is a project manager FFS!!

This is sinking like the Titanic :-(

8.80-9.20 for that trade.

We know there's a seller, trying to work out if it's private or institutional?

Out 100k seller is still going, surprised a TR-1 hasn't been published?

Roughly 1m shares is 1% of this company (notifiable), so maybe it's an institution?

As we have now dropped 50%, this now needs to do 100% to get back to where we were.

Without news flow, and investors pulling money out for Christmas ... feel like this will drift much lower.

PEA news before Christmas would be handy, but doubt it would stop the bleeding.

I agree, but also think they would be stupid not to wait until the seller finishes ... and pick up shares at the bottom?

I think it will bounce hard once the seller is out, as no one else can be profiting at these price? Placing was 3.50p

Director buying won't stem the flow, the heavy shareholders are still selling into any buying volume.

The sellers need to be out before this turns around in my opinion.

Hopefully, it's sooner rather than later or we will see sub-2p tomorrow.