Member Info for Bloodshot

I assumed there was a sell or sells on the NEX but if not then what does it mean to drop the bid so much without any trades?
The spread is now at almost 40% and the ask hasnt changed.
Could they be short of shares so trying to encourage sells and discourage buyers. All a bit confusing to me. Does anyone have an opinion on whats going on?

Nice one oNCo. I think you got a good price.. I know ive said it before but shouldnt be long now before were back into the 5s...reckon we should have already been there by now but for market conditions.

Flushed out a few weak holders anyway

Got rid of a few weak clingers

Its the no rns trader early sell off

Aaaah..thats better!

Getting uncomfortable now..need movement!

A company without debt is a very slow growing stagnant company. Borrowing is needed for expansion so im not worried as long as the debt is manageable and the revenue is sufficient, which im sure it will be going forward with the change of port status for import as well as export and all the new contracts we seem to be already getting, with more to come plus well placed to take a fair slice of the upcoming Anadarko action.
SP really taking off may be dependent to some extent on us getting a good piece of the $70 billion Anadarko investment but im sure its going to happen. I expect that tentative negotiations may have already have started.

I use Charles Stanley...£11.50 per online trade and max platform charge 0.35% if price is your main consideration theres cheaper but the main reason I use them is because theyre reliable and customer service is second to none.

Thanks for that guys. I think I get it now.. Its some black mineral thingy that could be good or maybe not.

@ 600thieves. Only two things I can think of that would have affected the price negatively after a positive conference call which answered questions and soothed any worries for me, is warrants being exercised. Even though as NvS stated most warrant holders are long term holders, in this to the end for the big rewards..there could still be a few sellers.. Not necessarily a bad thing because while lowering the sp a bit short term, it will also provide more cash to prove up the resources more quickly.
The other is traders (possibly in an organised group) buying before upcoming news and selling on the news, hoping to trigger sells from weak holders then buy back in again cheaper before the next news.
Id prefer it to be a few sells from warrant holders because at least it provides us with funds but its probably a bit of both...either way it gives an opportunity to top up for those who have the funds available
Just my opinion.
If your new here and intending to build a position long term (wise decision) then im sure youve done your research but for those who havent..you could do worse than checking out the Arc Minerals website plenty info there and maps of the license area with all the target areas and rankings. Also many of the questions peeps are asking here have already been answered in the last conference call.. 4th July.
Well worth a listen, as is the June call. We cant complain of being left in the dark. Plenty of info if you look and listen.

Listening again, i did hear black sap mentioned and in a positive way. No idea what it means though. A quick google didnt help.

Wasnt very clear audio but didnt hear anything about sap harry, just black. Can only think of carbon but im no expert.
Wheres rocktapper and arahim when you need them?

Not sure if hes getting a Lambretta tsp but Lumbeta is a high priority and would have been the next target after Cheyeza East before West Lunga was identified. I think they still want to put some drills in as soon as possible but they only have three drill rigs and spoiled for choice of targets. A nice position to be in : )

For anyone new to bulletin boards...do be careful who you listen to on here. There are plenty sensible well informed and experienced posters, there are those who just talk drivel and then there are those who want to try and manipulate the price to suit their own agenda. Chinablue is a prime example and its looking like peggycilla might be another.
Im a bit dissapointed by the share price 'temporarily' heading in the wrong direction after such a good positive conference call but its only a temporary blip. I feel sure it will be above 5 soon and steadily increasing and hopefully in time, many multiples of todays price. I can assure you that NvS is 'absolutely not' going to sell early or cheaply.
A bit of patience and determination to hold and keep adding until the end game (which might be 6 months to a year away yet) is needed if you want a chance of real life changing profits.
GLA

A few trader sells just gave me an opportunity i just couldnt miss to top up again.
ARCM just went from around 60% to 75% of my entire portfolio. Breaking all the rules I know but who dares wins!

Watch the sp rise as the news gets out. Wont stay below 5 for long

Thats all from guys who are involved in the cc.
Sounds fantastic..cant wait to listen to it myself wen its up on the arcm website

From KevB on twitter

#Arcm - New major in the game who also credited us for the drill for equity program. That’s neat. Their worst nightmare but credit where credit’s due. That deal is so significant I can’t stress it enough. They also said it’s the best results in Africa for a very long time.#copper

From Calder Capital on twitter

#ARCM

- “Best drill results out of Africa in several years” as commented by majors involved in NDAs

- Shallow depths are particularly impressive with similar grades usually found at >800m

- Sulphides starting to be intercepted, promising for prospectivity when drills go deeper