Member Info for Chartist2

A few buys coming in now...
The former -5% minus seems to be evaporating. Looking foward to the next week (never mind Brexit)!

Will be buying a stake in here during the next few days. Lets see if theres more to this new movement.

Technically any rise (and firm holding) above 2.70p is marking the beginning of a new long term uptrend. Lets see.

Off topic:
Redhotchillipeppers, earlier on this week a long term poster mentioned ITX / Itaconix. Technically and newswise it looks like something seems to be "in preparation" over there. Could be worth to keep an eye on them, before the masses arrive.
(I think their major chat is Advfn, but I have not scrolled through it, because I am not on that board.)

Have a good weekend!

Okay, lets see if I shall take a further and larger position here.

(My buy today has been reported absolute correctly.)

"...they mean nothing. If the share price does rise above X, then expect Y". waccy
B o LL oks !!

If you tell me that exacty at 10.80p line there will be a large number of buyers triggered which takes N4P substantially higher, then IMO this is very valuable information for some people. Especially if your "theory" has been right on several occassions. But I do agree that these infos are useless for long term holders who are not interested in week to week profiting.
Each to their own, waccybaccy, and best of luck here!

Waccyman, congrats to your 29th post on LSE! Nice one. Together with the first "report" today :)) I for one work purely with automated trading. If the next barrier is breached, then new wave of buyers ahead. And this is all I need to know. Just as the buy-signal posted here if 6.65p was climbed, and the bjy signal if 7.90p were climbed. All of them have worked out well. For me, highly valuable infos! Almost like talking to insiders. Each to their own! You invest how you think its best. I am just a swing trader. -------- "They mean nothing. "If the share price does X then expect Y". waccy

"...people who are not want the share to go lower. Its the way it is." Trumpy Donald N o p e! Absolutely not. Brother, while I sold my chunk this week - before the silly price wobble - I still dont care what the Sp does today. They can rise to 30p today, or decrease to 15p, I dont mind. I buy back if I get a valid new uptrend on the six screens on my desk, and dont give a flying pigseye what price I have to pay (as long it is below my last selling point of 44p). (Before that I was waiting to buy back in if my last selling price of 300 and 250p was ever climbed again. It wasnt.) My apology if my personal assessment decreased the share price performance this week. IMO no private investor can "move" the Sp by any of his postings. I think Gcm will give us a decent year end hype, fueled by punters, election speculation as well as the successful start to build and run a Pb power plant. But IMO there will be no open pit mining, as long as the market is flooded with cheap coal. Think about it: Why would Gcm state two seperate projects on their website, if the plant & mine is just one project? Have a good weekend everyone!

If it holds above 10.15p, something is brewing!

Emil, if there was a 99% sure thing go ahead on the desk rigjt now, within weeks, we would be 100p and 300p today. The same as the last time, many years back, when there was only a 60% sure thing go ahead in 2009, and I suddenly saw 300p in my portfolio. Now this is 19p. Is it because Gcm is severely undervalued - and UK smallcao fund managers are id iotts maybe? No.

The chinese will, because with this joint venture idea it is GCM who does part of the financing. There is more than enough coal in nearby Kazakhstan and Australia, in within a few years time the use of coal might be banned allover the first world. "...no body will build/finance without..." For me this is a nice year end rally bet, once we survive the negative Brexit vote on 12th. - Its either a rally based on Hasinas party win, which stirrs hopes & dreams of smalltraders - Or its a rally because Gcms successful shift to become a power generation company with steady income. Just that "There will be no mining in Phulbari, now or in the near future. Leave it for other generations to tap and decide..." (Hasina)

"This is all just your opinion ofcourse. Not the opinioin of GCM and PowerChina." Just my opinion. And the opinion of the share price.

Love your endless positivity! Even if this goes to 0p..., you would still praise the many possibilities, right? :)) GPback, I assume with all your averaging down (from 45p last year), this is your largest holding by now... -------- "Why would the Chinese invest in us under that scenario?" Because the chinese conglomerate is professionalized in building power plants. On top of that they could win more and more Gov contracts for the necessary infrastructure in Bgd. Perfect for tje silk road strategy. Gcm will trade, ship and deliver coal from everywhere possible to the Pb power plant. But they wont be allowed open pit mining in Phulbari. The current JD is about a power plant project, not a mine site. And the share price speaks the truth. Even if this goes to 100p, its all just because of the power plant project.

Nice #5 on todays winners list. IMO its not news related, but likely a sudden set of large buys (that 400k+ now).

IMO things are nicely stabilizing... High 617.60 Low 606.60

Who is "Tavller"? The chart is very clear right now. The rise above 614 marks the first bullish signal. New large wave of buyers, if 622p are climbed (and maintained on the hourly chart). Best to DYOR!

TA the rise above 9.75p has been the first buy signal. And now it will be a very good sign if they can hold above at least 9.80p. New large wave of buyers only if 10.15 and 10.80 are climbed. DYOR!

Next positive signal if 559-560 climbed. New long term buy if 586 breached.

Always another fancy question, GPback, isnt it?? Haha, man, what the hekk is your daytime work anyway? GCM in my opinion will use the credit facility for the share buyback. Plus any advance from the chinese contract. The meaning is to buy back (cheap) shares, before the power plant project starts to lift off...

They won't for a long while. Until Gcm generates a steady stream of revenues. The chinese JD to build and run a large power plant (in Phulbari area), will start generating income for Gcm. Now that they are shifting away from coal mining, towards coal trading and power plant partner, I would expect Gcm to start buying back shares early next year, by spring 2019. "When is the company buying back the shares?" Trumpy

Almost looks öike Pfg is slowly becoming a defensive stock / bluechip :))