Member Info for Charlie1984

In the past there has been a lot of forward selling and many of these guys have made a small fortune the fact that SD & Regent are holding is a little refreshing and some what pay back and what one might call “touché”

Fluctuation of SP is triggered buy the trade. Selling or forward selling creates a negative SP. There may well be plenty of shares but as you will probably know shares are bought and sold in a range. If the shares have been forward sold it causes what is known as a “short squeeze” this is where the seller or sellers need to buy back the stock they have sold. However, as the stock is bought in ranges each trade would push up the SP to a higher level thus increasing the SP.
The SP i this instance if the shares have been forward sold could see the SP return back to the 0.1 - 0.12 range as a minimum.
Why you point out that PREM needs funds filling you interpretation of the last RNS you would have also read that the Zim Gov owes PREM a considerable amount of cash or percentage ownership.
Steven Dattles is now holding expect this holding to increase now he has his foot in the door. After all a Circum windfall Dividend would return him his investment giving him a free carry ...........

Interestingly buys flooding in. Did the shares get forward sold and Regent are now holding? could see a short squeeze as the seller needs to buy back the forward sold shares? could be a very interesting few day's. Expecting some feedback from Zim Gov today so could see fireworks - GLA

Gold rising sharply to $1944.71 predictions on forecast price raised from $3k to possibly $10k why this might seem obscure but there is so much uncertainty in the markets of another COVID 19 outbreak it looks like Gold will to rally until cases / deaths reported are a thing of the past.
Really looking forward to the drilling results, the company look to have pinpointed and mapped the resource area based on historical results, soil samples, geochemical testing and geothermal imaging.
BOD buys, grants at £10m MC or 1m OZ, for me they are confident in what they have in front of them that the SP will be up there shortly.
Still only 186m shares in issue so what’s not to like? Perfect storm brewing, all time high gold price, possible multi million OZ reserves and or IOCG reserves, low MC and low shares in issue. Could explode on results from here. At least expecting a rise in anticipation once drilling starts and in the run up to it starting - GLA

Totally undervalued. Got some cracking assets and nothing at all priced in yet. Directors buying in before they go into a closed period. Drilling due to start and result will start to come in. Expecting some good drilling results as they are mapping the area out, using both soil samples and geographical data to conduct geochemistry surveys. This mapping increases strike potential and massively reduces the cost of random spot drilling.
The geochemistry done so far and displayed in the presentations looks very, very promising for IOCG deposits.
It’s also encouraging that the board agreed to shares at 1mOZ or 10m MC so BOD somewhat confident and that confidence is further cemented by the directors buying - GLA

Well confidence within the RNS £10m MC is x3 bag on current SP.
1mOZ well I have shared the calculations could’ve massively into the double digits - GLA

Expecting placing price of 2.25p to be reached and be the new base level minimum.
Samples at lab, these will be in order of location as to issue results to geologist to pinpoint drilling this quarter.
Why it sounds like a lot of samples we aren’t in the 1800-1900s soil sampling is quick and efficient and will be filtering back through within days. Would expect the drilling contractor to be on their way or already at site with one or two targets minimum to get after by the start of next week.

Looking good guys and girls GLA

Hey Presto - your RNS is out, sometimes we need a little patience infact “patience is a virtue”

Taken a big risk IMO I was in STBL, absolute joke the guys in charge here.

Only hope for the current holders of this share the market doesn’t suspend trading why they address the issues of SBLM-CGH-CGO which has seen no value returned to the shareholders of SBLM, enough are complaining to the market so you never know!!!

Or expect it to be a lot higher !

As per last interview COBR hope to update shareholders on the recent soil sampling.

So that’s a intra day RNS today or RNS tomorrow, crazy to see people selling this close the the next updates.
Anyway each to their own, hoping for update on the soil samples and also details on the planned drilling targets with estimated timeframes.
If the drilling contractor is taking shares surely COBR BOD will want the SP a lot higher?
GLA

1.6525 600k & 500k are delayed buys and slotted in again look at the time stamp

Well technically it should but MM manipulation seems to get overlooked. Let’s see when his buy pops up.
IMO MMha e a feeling there will be quiet a few buying in before the weekend (end of Q2) as they are trying to position them selves for the next RNS my guess is those buys from yesterday will appear this afternoon as sells in order to give the impression PIs are selling and to Valencia e the buy v sell trades out visually so this doesn’t spike going into the weekend - GLA (still hoping for a 1.9-2p close today but need more volume)

And before anyone asks how they do this, they do this by posting the trade in between buys to look like a sell.
ALWAYS CHECK THE TIME AND DATE STAMP !

Isas - the MM are manipulating the SP, if they post all the trades that come through real time they would need to move the SP up.
This happens a lot on this share the MM will publish the delayed trades when it’s blue but then show the buys from yesterday today as a sell

Looks like there was no trades since 14:05 hrs on LSE which is strange expecting a few delayed trades to pop up throughout the day MM don’t want to let this go and are trying to accumulate but it’s not working as the are my buyers than sellers at this level - GLA

Looks like she’s going to pop gla next buy trade should make this blue

They have used Geothermic Imaging, they have historical data and they now have soil samples. I don’t think for one minute that the geologist would suggest in a presentation that there was IOCG deposits if they weren’t confident. The only reason I say this is for their credibility and increasing MC and shareholder value what they are saying is on the tin really needs to be in the tin.
The presentation seems very clear to me and that’s why I continue to hold and add to my holding especially at these levels as these are cheap.
The CEO and geologist seem very excited about or assets, commodities are on the rise and is a perfect time to drop some decent results into PIs laps - GLA

MM will love collecting shares and accumulating at this level in anticipation of news in the next week for the 3rd round of gold sampling results and news the the drilling program has started, this imo will be a big trigger for PIs to take or re-take positions if they haven’t already done so. This levels will be long gone soon, those sitting on the fence looking for a lower entry point should have realised this is the bottom it will not drop lower than 1.66p IMO - GLA