Member Info for bluegrass

I am just really happy with the nice steady rise over the last month. Just take a look at the one month chart. At this moment the price has risen 285% over this month. If that carries on we would be at 15pence by 10th January. Would still be more than happy if it tailed off a bit and we only got 10pence a share!!! Despite the trolls and de-rampers best efforts there is no pump and dump here. Probably due to the fact that we are expecting a good news floe through this period rather than a single result.

Processing at Tungsten West is an interesting possible option but the whole SML project is not hanging on this. At the moment they are proving up the resource and this will add value as the drilling results are confirmed. Think it’s important not to get too hung up at this stage on processing. The grades at SML are what make it stand out and these are way in excess of Tungsten West.

Sorry 20.85m

Stocks I didn't understand your valuation of TUN. What are the fully diluted loan notes. If you google TUN it just gives market cap of 28.5m.

A lot of share dealing sites display your average for you

There seems to be a little bit of resistance at 1.8p so if we smash that will quickly move on to 2p.

Your emotive language using words like stagnation undermine your argument. You are deliberately choosing words in your header with negative connotations. You then complain that genuine investors don't want to repeat them. Unbelievable.

If your bored Gordon you don't have to be here. Another word for stagnation is consolidation and the SP is doing that very well at this price. If you bought in here because of the news due, why would you sell now before news released. What you are saying regarding rise on rumour, fall on news maybe the case if a single piece of news was due, however there is a whole pipeline of news due through to 2026. If you are a trader you can try and take advantage of any swings in SP , but that is your own business. Most holders here understand that and are happy to wait through the minor ups and downs.

You are so obviously trying to encourage herd mentality and get people selling so you can take advantage of any price swing.

Yes price holding up well while we wait for news. Price similar to this time yesterday.

RNS on 20th Oct already gave encouraging signs, quote "All 3 drill holes intersected the logged full thickness of the Redmoor sheeted vein system, with veining and visible mineralisation consistent with the high-grade Redmoor deposit, with some drill holes extending beyond their planned depth following the intersection of additional mineralisation." Photos of drill cores also showed this. So fingers crossed we will get a good update soon.

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Trading Expectations (SML.L) For The Upcoming Trading Day Of Wednesday 5th

For the upcoming trading day on Wednesday, 5th we expect Strategic Minerals Plc to open at 1.64p, and during the day (based on 14 day Average True Range), to move between 1.45p and 1.67p, which gives a possible trading interval of +/-0.224p (+/-15.46%) up or down from last closing price. If Strategic Minerals Plc takes out the full calculated possible swing range there will be an estimated 15.46% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 1.45p (7.05%) than the resistance at 1.81p (16.03%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Strategic Minerals Plc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Strategic Minerals Plc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Buy candidate.

Current score: 1.537

Buy Candidate

Upgraded

As I pointed out before time line from previous drilling to results appeared to be about a month so maybe a few days yet before we get the results from latest drilling. Tin update is due any time now though. If you invested here for the long term and in anticipation of the results it would make little sense to sell now. It is a good time to build a stake ahead of results. Buy on the dip.

Try not to sell into the dip that's how to loose money. Of course if you have a stop loss that will sell your shares into the dip for you. Its all counter intuitive with your emotions. That's of course if you believe in the long term prospects here. If you don't you shouldn't be here anyway.

Yes stocks and stuff, hopefully tin any day now. If you look at the timeline for the previous drilling and results of the analysis I think it took about a month so really no worries about waiting a bit longer. If you think about it 100’s of meters of cores all having to be very accurately split into their constituent parts that is a big task and will take awhile.

Also you can see the traders just waiting for a small dip so they can try to accentuate it by worrying people and pushing their own agenda.

The last update we had on the drill results was on 20th October. This showed visuals and cores sitting on benches. I assume there is a lot of work involved in the analysis of the cores, grinding them up, various tests to separate out the elements. That not going to be a quick process. So not sure this is taking longer than expected.

Just make sure you press cancel and not sell by mistake!!

Agreed warrie someone is driving their own agender. Think the tech. indic. tag line conversation has run its course. Won't be drawn into that one anymore.

Good luck with that! You started by giving advice for people to put in stop losses to protect themselves, but it now seems that you are just an out and out trader. Hope it works out for you, but you could just as well loose money if your timing is not spot on and you don’t have luck on your side. Think the prospects here are good and price could go multiples on the news floe due.

Yes maybe a better price quicker. But maybe just before it bounces up again? It’s happened to me before so rarely use.

I agree with stocknstuff this share is not a good pick for trading despite what some of the idiot derampers may think. Watch out for that tomorrow. There is volatility but along with that goes a big spread. Also the price movements through the day are too unpredictable. This is going one way and for me is a medium/long term hold all day. Also not suitable for stop losses for same reason. Best to maintain control.