Member Info for burningspear

jbatch, I have ticked up your contribution - for obvious and well deserved reasons.
Seldom on this board will you find such compelling and searing analysis as you have provided. I particularly like your observation:
"The share price is determined not by RP, nor the board, nor the new business. nor the money the business earns infact there is little synergy between what the business does and the price of the share. "
I have rarely seen such insight in print.
You may indeed be the wisest here.

jbatch:

"You said RP can not be trusted" - you may say that but I could not possibly comment!

"You said there were no deals, he did not care, he is only in this for the money he gets from shareholders" Right, right and right again.

"You said the company are out of money and would be asking for more" Bide your time. Bad things come to those that wait. In the fullness of.

"None of your predictions were correct infact RP has just slapped you across the face with his gauntlet and made you eat your words" No such thing has happened. But the slapping will come. Soonish.

"There is nothing you can say that will have any meaning!!! just blabla bla! " Irony?

"Sorry guys/girls what the share price does is not down to HNR or the team, it is down to negatives" Negatives supplied by HNR. As in the accounts. For all to see. And the Director emoluments. And the cashflow. And the P&L. And the Balance Sheet.

"and market makers ONLY! they are doing their job," That they are!
" they just proved this!" And they will prove it again!

"SP is so far below its actual value it has a lot further to go, " Cannot fault the logic there!

"End of!" Soon,

"lets look forward to the next deal!" Which will be closely connected to Resolutions 7 & 8.

"I look at this for what it is. " I have just told you.

"There is no negative, negative is in the dark minds of those sad and lonely people who have nothing to do but scorn and scold, there is no love or happiness in their hearts nor raison d'etre. Honestly do some Tai Chi, Yoga, look out at the beautiful blue sky and instead of seeing darkness, anger and hatred see love happiness and possibilities. You might be happier people. " Hope is not an investment strategy.

"Again there is no guarantee the share will rise" Wise words indeed!

jbatch, You make some salient points there.

We are we selling in Dollar changing to sterling or buying in Sterling and seeling in Dollar to echange into Sterling from the Doallar. As company is in USA then probably selling in Dollar as the Yanks would not go to shop to buy in Sterling but Dollar and that Dollar would need to be converted into Sterling to buy the sell.. ummmm me thinks there will be another profit made there as sterling falls and Dollar rises to buy/sell the Sterling. As the Dollar/Sterling rate weakens or strengthens then the Sterling will go up against the Dollar. Bbviously the Sterling value of the assets has also gone up a lot over the last couple of weeks and longer as the dollar worth of the assets converted to sterling has risen giving us a stronger balance sheet and asset valuein Sterling versus the Dollar.

In conclusion, Dollar. And possibly Sterling also. Or maybe even both.

Prox, "Please don't be stupid & listen to the likes of BurningSpear who clearly held a Buy position in the stock & it flipped and crashed - He/She/It/They then lost money & tried to cover it with a Sell Position but is now getting stung again."

I am too befuddled to understand that let alone execute it!

I would love to buy to sell to flip to cover to straddle to strangle to sting! But I'm just too stupid.

BH, Why are you constantly picking on me???? Just because I am not a seasoned professional such as yourself there is no need for the constant meanness!

"They have stated they do not need to raise, but that is not enough for some."

Have they EVER stated that they need to raise funds? And then when they did, was it enough for everyone?

Prox, "Sorry i referred to my FX postions as 'Stocks' my bad. Honest Mistake SIR."

Don't beat yourself up about it Prox. Happens to all us seasoned traders.

And what's the odd few hundred percentage points between friends eh?

From BH,

"So, apart from the indoor facility producing both seeds and CBD ( 6 million seeds (?) at a dollar for spring 2020, three crops of 120,000g CBD at whatever price you like) we have an outdoor crop harvesting in late September with 1,200,000g CBD at...............what price would you like?"

From the company:
"Highlands estimates that the gross funding to establish Zoetic will comprise:
-- Machinery: $500,000 for hemp oil distillation and pouch manufacturing machines
-- Initial cultivation start-up costs: $120,000 for purchases of hemp plants and indoor soil
-- Expansion of infrastructure: $150,000 for expanded gas and water infrastructure
-- Opex for year 1: $1.3 million of which the main items will be salaries, grow supplies and utilities
Furthermore, noting that Highlands expects Zoetic to be profitable by the end of the year, the final quarter of operating expenditure is expected to be largely self-funding.

Taking these factors into account, Highlands expects the net cost to shareholders of starting up Zoetic to be in the region of $1.5 million."

One of those is clearly wrong!

Prox, " i had to unload other stocks to free-up capital"

Are you sure? I remember you telling us that you only had 3 positions open as below. 2 FX positions and HNR. Cannot for the life of me find another "stock" positions.
One of two things springs to mind: you are either confused or telling porkies. Which is it?

I hold 3 Positions as of current;

- Long GBPUSD (Trade deal will get announced after brexit) - 1.20 won't hold forever.
- Short GBPEUR (Brexit)
- Long HNR - It'll take a while for the company to get established, this isn't a stock you should be looking to swing. *IF/WHEN* it get's the ability for OTC trades in the US i could see this stock doing another MJNA.

Prox, " Like i've said don't trade on my advice."

Good advice. Especially with your deep understanding of percentages.

shuff, He was trying to get his calculator to work properly.

3 to 400%, 1375%, 3 TO 4000% - It is such a muddle!!

Prox, The lady doth protest too much!

2 interviews, 1 RNS, 19 days to go.

Prox, "I'm not pulling information from my A$$."

Au contraire!

It is from deep and profound research!

OSG, Agreed totally. The shorters must be really hurting today as they scramble to close their positions. Good luck trying to find the stock to close. As they buy to cover then this will go stratospheric. Prox has already recalculated his estimates, in the lst few minutes, and is now expecting a rise of 1375% from a mere 3 to 400%. Who is to say that he will not be adjusting those figures upwards before the end of the day? He knows that a minimum 3000% to 4000% is on the cards but is being deliberately coy.

prox, "As i was looking for a CBD based stock in the UK that has the potential for 3-400% return & i come across HNR"

Surely you have missed out a couple of zeros? Are you deramping? 3 to 4000% surely?

Just check out the financial details in the latest blockbuster RNS. That should tell you everything you want to know.

Two in the space of a week! Precursory enough for everyone? 20 days to go.

And now the nebulously couched RNS! It's almost as though RP is reading my postings! How uncanny.

So that's two interviews and one RNS. Only one more thing to go. Can anyone guess what that could possibly be? Reach for the the pain relieving CBD ointment.

RE: Derampers - waste of breath. Their motives are obvious.28 Jul 2019 13:18
Expect things to start looking precursory and "imminenty" when a blitz of 3rd rate media and meaningless RNS's couched in the most nebulous language is used. Expect paid for cyber TV interviews too, of which Tulloch has already done a fine job, asking deeply probing questions such as "Is it true that you are really great? Is it also true that under your stewardship the company has been a rip roaring success? And that you will continue to deliver the same success for which you are renowned?"

Followed by the inevitable.

Two in the space of a week! Precursory enough for everyone? 20 days to go.

RE: Derampers - waste of breath. Their motives are obvious.28 Jul 2019 13:18
Expect things to start looking precursory and "imminenty" when a blitz of 3rd rate media and meaningless RNS's couched in the most nebulous language is used. Expect paid for cyber TV interviews too, of which Tulloch has already done a fine job, asking deeply probing questions such as "Is it true that you are really great? Is it also true that under your stewardship the company has been a rip roaring success? And that you will continue to deliver the same success for which you are renowned?"

Followed by the inevitable.

"The Group does have access to a $500,000 loan facility which at present
is undrawn."

CLN? YA?

Can the Yanks not buy UK stocks? Who knew!

Can I not buy US stocks? Who knew!

You learn something new (made up) everyday on the BB.

BH,

"Not long to wait. It's going to be enjoyable to see you wrong, and then wrong again and then again.."

I could not agree more.