Member Info for bluegrass

I wouldn't be fretting over this at this stage. I am sure they have thought about this. Years of drilling and millions spent on a chancer. I don't think so.

Doesn't seem to want to go over 4p. Get the impression that once we clear the 4p hurdle it will rise quickly.

Very nice healthy uptick in the SP over the last 5 days. Nice steady climb. On the google 5 day chart at the moment it comes out at 31.75%. When looking at the late reported trades there are plenty of chunky buys from people picking up what's available. Wouldn't be surprised to see someone declare a 3% holding soon.

Sorry for the slight. Too supple for me obviously.

Think what some are missing here is that they think MRE is the end of story and then a wait of years for mine development. Management have already said they have started work on PFS and that it is being fast tracked. New drilling campaign already lined up. So we will in fact be entering a whole new news cycle.

Maybe he's sold his shares? MRE just first rung on ladder with plenty more to come. It's not the end of the storey so no drop expected.

Just came across this website where you can buy loads of stuff made of tungsten. You can buy a rather nice solid 6" tungsten cube for $50,000. May buy one as a memento with some of my profits and maybe be a good investment to? Amazingly it weighs 63.5 kg.

https://shop.tungsten.com/tungsten-cube/

Maybe it's for the best. A strong push through 4p on Monday would work for me and goodbye 3's.

Certainly got the potential to be a Tier 1 mining asset, but I don't think that you could designate it as such before the MRE is published or better still the PFS.

No need to over ramp this, everyone can see the potential.

This a good sign. If mm's are willing to accept large sales at these prices then they must be confident of being able to offload the shares at a higher price. Will probably show up later after close.

There are some very substantial delayed trades posted from yesterday. Looks like a few people panicked on the drop yesterday and a few took advantage to pick up their shares. A very satisfying bounce back today which is a very positive sign and will hopefully be the start of a further uptrend. It sometimes takes a drop to trigger an upward movement and I am sure some who are in to technical analysis could explain why, bottom pivots and all the rest.

We are doing well so far this morning whilst TUN continues to drop. Market cap there is 4 times what it is here. Appreciate that they are at a different stage of development to SML, but that is a big difference.

Yes agreed. The 10%drop or so yesterday was unjustified and down to wider market problem's. Stock with a high proportion of small investors always seem to overreact to wider events but in reality to things that should not affect them. Bouncing back strongly this morning so far. The chance to buy sub 3p may have gone.

Some very substantial delayed buys showing up. Some with deep pockets taking advantage of the weak. Don't sell in the dip, this is when you should be buying.

Drop on low volume. Only about 12 million shares bought and sold today. Maybe trying to trigger stop losses but doesn't seem to be working. Great buying opportunity. Maybe some large delayed trades will show up later.

Really don't see why I can't make a passing point on the closing price without being identified as someone who focuses on the micro. It is possible have multiple views about different aspects See my many other posts.

Official London Stock Exchange close 3.5p not 3.4p shown here.

Thought Tungsten West had low grades, but plenty of it? Never heard them claim they had the highest grades. Strategic Minerals have very high grades; the quantity will probably revised sharply upwards in expected MRE. Also the there is potential for massive further expansion with Dutchy lands. It's not a completion, it just matters that it is economic.

SP ticking along nicely now. I feel consolidation at this level has pretty well completed. More confident and expecting the price to trend upwards from now.

A Metric Ton is 1000kg.

MTU stands for Metric Ton Units and there are 100 MTU's in a Metric Ton.

Wouldn't worry about it. It's no biggy volume low.