Member Info for BusinessOwner

One aspect of my many years of buying and selling is that if you can buy in bulk (i.e. I can easily buy 40m for .29.1), then you do not want to buy. I generally find my best buys are those that I have to buy in small chunks as demand is there. This can however, change in a second based on background buying you cannot see. Personally, here there is a lot being offloaded on the blind side or shares being forward sold.

Again I don’t hold I just have an interest in gold shares. You have a 50/50 chance of calling the direction correctly. Spouting expertise is quite laughable. Flipping a coin with give the same outcome. It’s a gamblers mentality. Announce the wins and don’t announce the incorrect decisions one makes.

For those just waking up and listening to both sides of a tale. I worked in this industry. This is normal practice. The submission must be accompanied by a report. There will have been many experts pour over this to a ascertain its viability. This is clearly viable. If I was an AIM buyer, it would be this as the risk is coming down and the MC is tiny. Enjoy the ride. .

Art123. You clearly have zero idea of what has been submitted. It was not intended as an upgrade. It’s intended to provide information to go with the license. They all generally say that timeline. It is standard if you bother to look. This is very good news for both businesses.

If you are angry enough to engage with strangers you will never meet, you are not comfortable with your investment. They have no impact on the direction of the share price, so why bother engaging. It is likely that your own insecurities over your share purchase is driving your anger.

A whole raft of weekend posts I won’t bother reading, but each to their own. If your investment causes you to take precious time away from your family and friends at a weekend then you are probably over exposed with this and worried.

To that end, AIM is probably not for you. Just take a look at pretty much any AIM share chart over 5 years to see the trend. It isn’t difficult, hence I don’t buy this dirty market.

Having said that, there is the odd surprise, that does come good, depending on when you buy and get out. But with AIM, long term holding is a no no. But, either way, no one here will have any effect on the share price direction no matter how much they portray themself as the next Warren Buffet.

In essence, buyers and sellers have decided this is fair value for now based on known variables including submissions next week. To that end, such submissions should have little impact on the share price. Where the next perceived value comes from I do not know currently. Hence, as this is AIM, and punters are fickle, the slow drift down will inevitably occur unless the company can show a reason for it not to.

Having said that, those value hunting may well see the MC as a bargain and sit it out. If I were a holder I would ignore the day to day, hold, and hope that I did not get too diluted before the next SP enhancing news. Have a good weekend all.

Profit Jock. You are a fickle small time punter. I would recommend not listening to this joker for the sake of your own wealth.

I've learned quite a few things over the years in the market. The biggest, certainly with small caps, is that if you can buy in quantity, you do not want to do that. If they are hard to buy, then start chunking away at it in small bites.

You can easily buy 40m in one hit, so there are many shares here yet to be sold to punters.

Once they get the full viability report for type of mining, which seems evident already as its shallow, this will tweak the ears of larger pockets. They will hold tight for revised resource estimate which will give a better indication of perceived value, which will be a negotiating starting point. If you don’t need money for 18 months, ignore ups and downs and sit on your hands.

Any company that needs £130k is not viable in my opinion. Levi could have given them that as loose change. I could have given them that for Christs sake as a loan with no dilution. As always, shareholders feel the pain.

DreamTheater. I do. Larger pockets have extensive time frames that stretch into decades. I doubt either one of the interested parties here will have their stake in the next five years.

If I was a holder, (I am too old to be stressed out by AIM), I would tuck these away and wait for someone to take oracles stake off their hands. I look forward to seeing how this progresses.

I can guarantee that pretty much everyone here has never been to a gold mine and has zero idea other than what they watch on TV. This was my world for a while. I’m off to Africa in a few weeks to visit another one.

The below from the RNS is all you need to know. This will dictate whether deeper pockets want to take this further:

‘The continuation of the high-grade oxide zone within the 600m wide porphyry system has been further expanded and is open in multiple directions’.

As for the punters stating grades. I’m afraid you cannot compare apples and oranges.

By the way, I don’t hold here, but like to keep abreast of rising gold shares out of interest.

Well if Peel are also gone (No RNS to say they have), only their last one below 10%, then in essence, about 16% of the company has likely been sold to PI punters in the last few weeks. Make of that what you will.

Never buy off the mark at 8am. Always let it settle for 15 minutes.

They don't have a clue what to do with this tonight. Open up spread and drop it right down in to the close to entice a few sellers. Too much volume for them to cope with. Expect a drop in the morning and a similar day as today.

Of course there is not an RNS. A perfect example of why these boards are dangerous. Use only trusted sources. Not the man done the pub.

Unfortunately that is just wishful thinking and likely fickle punters will be chasing rainbows elsewhere. As always with these types of stocks, the expected news flow fails to materialise on time and sentiment drains.

Well the life so sucked out of that rise. Many long term holders here now. Hmm. A reminder of why I don’t invest in AIM like shares.