Member Info for BlindMansBluff

Weston, I am in the same boat as you. I’ve lost £53k at the moment. The way I see it is that there is nothing else to do except try and ride this out. When I read the RNS it felt like someone had just kicked me in the balls!!! hahaha. Had I sold on Monday I would have gotten around 0.25p at a loss of 75%. We are small fry in this big game. You just need to keep swimming

Hudson will not benefit in the short term if BZM go insolvent. If this were to happen then there would be a legal battle into who controls the assets. This would be a massive gamble on Hudsons part and could go against them. The best course of action for Hudson is either we carry on as before or Hudson try’s and makes an offer of a buy out

Dose anyone use “Trading view” been trying to find this £126.79k trade. The only candle that would represent this trade is a massive buy candle at 08:47 so this would be a good sign for us mere mortals if we have a big player in the room again!

Market Cap raised by a similar % as to the 46 million share trade … so possible a buy. Could be good for us all

No RNS today then. Looks like it's going to be a slow countdown to Christmas waiting to hear some news at this rate

If you wanted to sell large amounts on HL you needed to ring them to do this. Otherwise small amounts would be able to sell through the App or over internet.

I didn't see it either on the charts. Waiting for Bellzone to update the shareholders information board and see who it could have been

Let's hope we have better news and a more realistic SP this week

I am sure they would need to reflect the value of the Konta Port in the buyout as well so this should raise the buyout value. I still cannot get over how the SP stayed rock solid at 0.275 for the whole day while the amount of trading that went on was crazy. There has to be something else we are missing. God I need another Gin n tonic now hahaha

I hope I am wrong as I stand to lose big time I have averaged down to 1p so I have lost loads should this happen. The MMs have screwed us over as the SP should reflect the true value especially when there were 17 million more shares bought than sold. Hudson has a 52% of the share vote so they can do as they please. I would like to think the Government would stand in and sort us out. After all it’s in the interest of the Government to show the world that Guinea is ready for true investment.

The winners in this scenario would be Hudson and the investors that bought in on Friday. Had the MMs let the SP reflect the true SP (after all there was 17 million more shares bought than sold) then I would have liked to say we would all be winners. Unfortunately the AIM market is cut throat. If a buyout were to happen then IMO Hudson would offer a 20% increase on the SP currently sat at 0.275 which would make the offer at 0.33 for a buyout. This is still a better scenario than insolvency.

Here’s a thought. With the market cap now at £4.81 million. Hudson has played a blinder by not issuing funds at this stage and made the stock price crash to 0.275. Instead of Hudson issuing the funds as requested by Bellzone they can now use the funds to perform a buy out at such a cheap deal. This way they don’t have the legal ramifications of making Bellzone go into liquidation and the mining accord is still in play ready for them to acquire the assets within months. A perfect play by Hudson!!!

Buys ahead of sells by 17 million! The share price has not moved all day, what does that tell you!!!

The way I see Hudson playing this is by making everyone think doom and gloom, while in the mean time the owners of Hudson can all buy shares in BZM knowing that when the release the funds then the share price will rocket back up to probably around the 2p mark where they can make a massive killing selling off their insider dealings

The report reads well. The ONLY issue is why Hudson have now gone quiet. The BOD are rattled to why this has happened. Last nights RNS would have been issued as a wake-up call to Hudson to find the promised cash from the loan agreement. It makes no sense from my readings as to why Hudson would suddenly turn tail and leave BZM in the quagmire. I think this hole mess is a result of Hudson knowingly needing to find the cash required and may not be able to deliver or Hudson is annoyed that the study has now slipped by 2 months into the end of January and they are unhappy with the reliance on them to keep funding, even though this has already been agreed.

Buyers out way Sellers by 9 MILLION!!! This just stinks of manipulation. If this was still at 0.6 and this amount of trade had taken place we would be well over 1p by now!

Well looking on trading view it would seem the share price drop is purely down to the MMs as the start of trading in the morning showed a Buy at 0.4 there is no massive sell off. This price is just a fabrication to get people to sell up, so that other larger fish can take their bite.

Still holding our own as buyers out weigh sellers

Agree with you chippy36. For me to sell up now would be a bad move. I do think that this is a tactical RNS but we just need to wait this one out. I am hoping for an RNS today with the interim results so we can have a true look at what is going on.

Been trying to get the PDF translated but no luck.