Member Info for Bottmzup

A stock such as this when a seller places their order pre market with nothing to support the price the drop is often exasperated...!
Time2Buy....you`re funny, I can`t quite work out how a share price can be `exasperated`! ie infuriated or intensely irritated!!

Think you might be looking for exacerbated or exaggerated.

The funniest bit is that your post gets recommended 3 times.....they must be exasperated too! ;-)

...that there are a plethora of junior explorers out there that are struggling to get funded. I know its all about issuing more shares but at least its not at the cost of diluting the share price, and the placing deal also carries warrants at 1.125p to be exercised some time in the next two years raising a further £1.77m if converted. And the Directors are applying to chuck £20,000 in under the same terms. Now funded until Q2 2020!

There does seem to be some exciting potential for ECR but I too wish they would start announcing some encouraging results rather than keep regurgitating old news on Twitter.

Another possible sp mover could come early in the new year regarding the Argentina project where they`ve said....
ECR’s wholly owned Argentine subsidiary Ochre Mining has 100% ownership of the SLM gold project in La Rioja, Argentina. Exploration at SLM has focused on identifying small tonnage mesothermal gold deposits which may be suitable for relatively near-term production.

Plenty of other news due but they need to get on with delivering new news in the new year, or the sp will be hit by new fear, and will drift lower.

Big buys listed as sells....MM`s playing games....bargain of the century at this price..etc...etc, hilarious how peeps try to make themselves feel better when staring adversity in the face.

I`m not laughing at peoples losses here because I know only too well how that feels, its just the way some people try to pretend its all a corrupt manipulation of the data conspiring against them when the only facts are that the Company has f^(ked up, and the market reflects it!

Did you spot your schoolboy error yet?

a lot of drivel being posted here...from the fundamentals page the market cap is about $140 million and the net asset value is shown as in excess of $400 million

Cavendish, have you spotted your glaring massive miscalculation yet?

Or was it a deliberate mistake?

Here`s a clue from your data post.......
Shares in Issue 350m
Market Cap. £114m

...besides, there was a tad of humour intended, which this site does lack from time to time.

Just joining in with the nonsense shitright, and I did get 5 recc`s for that one!

Talking about balls, Jose probably thinks Man Utd are a load of balls, but hey Jose man...I know getting sacked at xmas can be devastating to a mans bravado but you`ve still got time to get a flight to Thailand, you`ll have a ball mate...even you could pull in Thailand...get ya sen out there pal! :-)

Agreed addicknt, signs are that `something` is happening in the background, the trading data doesn`t follow logic.
Its a definite turning point in BCN`s future, being on the verge of funding decisions to secure the development stage.

Its no wonder that buying seems to be in vogue considering the risk/reward at this price.

...in a falling wedge, when the bottom kicks in and the breakout happens it should be a good one with such continued buying pressure.
There will be a tipping point, probably after Brexmas!

https://www.tradingview.com/x/2ATnJ8BZ/

..being well supported at this level, so looking like a new year bounce on the cards.

....to look in and read some interesting insights about SOLGOLD.

Sorry to sound a bit dumb but I`m not quite sure what this part of the post means...`. that´s just crazy... think about it, the higher THIS number the lower the SP
... like the formular SP = 100M / authorised shares ??

Was the point being made that the 20p share price suggested has no relevance to the 500,000,000 authorisation in the resolution?

I think the sp is still tanking because the Black Rock sell still hasn`t been soaked up. They stated > 5% is where it leaves them in the TR1, but it didn`t give exact numbers. We know 5% would be c6.5m, so the figure is somewhere north of that. If they have to notify when their holding goes below 3% then the whole sell would be between c6.5m and c9.2m.......and so far the biggest lump thats been put through looks to have been 4.5m.
That would explain why the shares are being bought at an ever decreasing price but having no effect!

The exact same thing happened recently over on Condor Gold, until the BOD stepped in and filled their boots nicely at the all time low price. To be fair it did make the share price bounce by about 40% currently, because shortly after their buys they issued a positive RNS re additional licences being awarded!
All forgotten about now the price is in a rising trend.

There will be a conclusion to the price fall, in whatever form, hence the, dare I say.... `smug` look on the CEO Peter Secker`s face in the interview. He knows whats happening behind the scenes, and until the `entire` Black Rock sale is completely in new hands then its just going to be a case of `hold your nose` or `look away` for the time being. If something else is also going on, he`ll know about that too.

There`s not much value in PI`s selling now because once this ugly stage of proceedings is out of the way the price will most likely rebound like an elastic band, and they`d be gutted to be caught out by that. The Company is worth more than £30m, and they`ve been in discussions for some time on how to fund the development stage.
The battery grade Lithium market is strong, and Sonora is too far down the road as a proven great asset to let it all fall through the fingers now, and the Black Rock decision to sell is no more than a big holdings and Investment house making a relatively small decision for reasons of there own, they`re hardly likely to have assessed that the EV market is a dead duck, specially considering ongoing news that diesel vehicle sales are continuing to fall.

I think this has been planned for a while, and Citigroup have been bought in to pick up the batten just at the right time. The price fall is like a disobedient firework fizzling itself out on the floor somewhere, and Citigroup have been assembled to lead the proper firework display starting in the new year!

How convenient that most people have Xmas and Brexit in the forefront of their minds, a good time to shuffle through some less than festive plans.

Merry Brexmas, and a Bacanora New Year!

Yeah, the EV market, the Lithium market, or the Bacanora share price market! ???

“Strategic investors are prepared to pay significant premiums for long term exposure to #lithium" notes @VSACapital in the recent note on #BCN. Recent example includes Albemarle’s $1.2bn acquisition of 50 of the Wodgina lithium mine, Australia. http://www.bacanoralithium.com/

TheSkull, it wouldn`t take much looking back to find out whether I`m currently invested here, so you wouldn`t need to make assumptions! (and then get your post recc`ed 4 times for your deliberations based on your assumpions!)
In any case I reserve the right to post on any public discussion whether I`m a holder, a watcher for a possible trade, or a previous holder, thats none of anybody else`s business.

ps, I was a holder when they were called Solomon Gold, a long time ago...were you?

pps. just looked in for the first time since my Friday night observations and see that the bun fight at the chimps tea party continues, riveting stuff I`m sure.

Well I am surprised to be honest FR, I think the huge rise over the last few years has turned the entire discussion into a frenzy of greed, with many `relying` on a further rise of a similar order of magnitude to pay off their mortgages or put the deposit down on that new CLK Mercedes...and they`re desperate!
Rather than look at it as a very nice profit and look for a new investment, they will not let go of their vice like grip on the dream of vast riches.
The biggest rise has been had, the company has gone from a market cap of flick all to a current one of two thirds of a Billion £ !! So what are people hoping for..£2Bn? £3Bn? The dreaded IC article had a guesstimate no more than double the current price at 72p...I can give you a list of companies in my watchlist that have doubled in a matter of months..even some in weeks! So why the big fixation on one company that might rise from the current sp level to twice that in....months...or years?

Some people on here think that SOLG is at the apex of the stock market, and will make all their dreams come true of financial independence for the rest of their lives, but they need to get real.

The best I can see for a takeover is £1...or £2Bn market cap, but it could take years!

As I`ve said all along, the assets are still buried a mile underground, and the only people with the financial power and experience to bring it to surface are BHP and NM, so it will be of no surprise to the world if they end up with the biggest slice of the pie.

Its almost as if some of the long termers are so nervous about their decision to be invested here that they react with hair trigger like neurotic venom to try to comfort themselves about their investment choice.
If you`re a long termer, and happy with your investment, then why come on here minute by minute like a day trader watching every price move and having your nerves shredded by every less than gushing comment on the company?

It`s a kin to being addicted to a soap opera, and when SOLG eventually get taken out and don`t exist anymore you won`t know what to do with yourselves!

Quite incredible really.

I have been a member of LSE for a few years now, visited and posted on many different stock discussions...and this is by far and away the most juvenile, ridiculous, bickering, slagging off, over sensitive, vile, ignorant, futile, demeaning, ludicrous and pathetic discussions of all, bar none!

FFS have a look at yourselves, its like a bun fight at a chimps tea party almost every day...why?

Too many sensitive souls who can`t take opposing views, mostly Solgers I have to say, who react to any negative views as if they`ve been told they have an ugly baby!!

Grow up!