Member Info for Chartist2

Wow! Whats the good news anyway? (Sorry, I never read company RNS. Wasn't good at reading in school. Just numbers:))

"Ship" by train, Whyast. Please excuse my poor foreign English.

Personally I hope that 20.50 - 20.30p will create a valid support. I for one am still not buying.
No, not bashing GCM, and I haven't bashed or had the need to deramp any stock before. EyeGuye, just allow every poster to speak out their opinion as well as their assertion of the situation here. Lots of people here with 10+ years experience with handling GCM.

On a sidenote: In my opinion GCM holds a new buy signal if the 27.30p line is climbed.
No, Whyast, not buying.

Like said, I only buy during valid new uptrends, not retrace. Furthermore I remain unconvinced that Hasina will change 180 degrees and allow open pit mining in Bangladesh agricultural land. The power plants will be built. More coal will be shipped. But no open pit mining in Phulbari.

And now let the Sp shout out the truth. Are we 31p? Or are we at 21p?

The mentioned technical retrace target (20.30p on the intraday chart) is about to be reached now. Happy if some of the newbies avoided this sort of pitfall! Many of us LTHs have been here before.

GCM as per usual will seek and apply fresh funding for the next year. Just my opinion, build on following GCM since the 2008 share spike.

Off topic: Everyone excuse me for an hour. Now moving over to N4P that seems to need a little bit of attention after the upside breakout.

Have a nice day everyone - and best of luck with your buying here!
(For now I still wont be buying.)

"How the hekk would anyone chart whats happening today..." Utah

By using the intraday chart. It works all the same. But I'm just a daytrader, Utahsaints, so its best to ignore. I now leave you with this happy club of rampers that has left me speechless this morning!

The Sp speaks the truth.

Very nice! So the promotion tour in London worked out well. Good to see Tony & Co with new life!
Happy for all who managed to hold through that nasty drip selling till 4p!!

Because
THE SP ALWAYS SPEAKS THE TRUTH !!

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"And you think GCM could get Powerchina to do a MOU just so an aim tiddler can raise money??"

You didn't get the full picture. GCM is trying to build some pressure on the Bangladesh government with this joint venture. So that Hasina will be tempted to look into things once more.
As a side effect GCM will soon tab capital.

But I rest my case now and let the share price speak the truth! If 25.40p is maintained, good.
If this is breached, then retrace to about 20.30p.

By the way: The next buy-signal in my opinion comes if 29.50p are climbed (held on the hourly chart).

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"Bullcrap, You can’t chart this share." Utah

Yeahh, right, this is maybe the only share on this planet that cannot be charted! Apart from N4p and EUA which all can be charted very well indeed.
Currently GCM are holding nicely above the crucial 25.40p.

Lets see if there is more to it here, or if this is being used to raise capital in the next few weeks.
If there is more to it, I am ready to pay any share price to be part of the enterprize. And I don't mind buying back 50k worth at 44p where I sold them. Just as lon ag this goes ahead.

Its unlikely that Hasina will gran the Phulbari mining license.

Okay then, lets see where we are? Technically its very important now to hold the 25.40p line.

If breached, then likely retrace to 21.50 - 20.50p ahead.

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"Stop sprouting it like you’re the all seeing eye." Nozzla

Off topic:
EyGuy, whats happening with our N4P this morning? You holding too in your profile, right?
Some 30% ish rise there? Whats the reason?

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"...with JDA signing in 4 weeks or so."

Only the joint venture will be signed. While GCM is not and will not be permitted to start coal mining in the vital Phulbari area in 2019.

"Chatist, ‘im happy for everyone’ lol blatant deramping from someone who missed the boat." Adam1987

No, I have not missed the boat, little boy. Firstly I only buy during an active rise (never on the retrace).
Secondly I have held traded and sold GCM already from 300 and later 220 and 100 and last year 40-30ish :))

Happy for you guys now!

Technically there is a decent chance for this to hold at least 26.00 - 25.40p. If this is breached, then about two days of retracement ahead.

Coal power plant - yes.
Coal open pit mining - no.

Nope! "All these folks predicting doom all probably have buy orders in at mid 20's." EyrGuy I will remember that, eye guy!

That 28.50p must be maintaoned, otherwise we are in for aboit three days TA retrace. (I say "we," because I have been a Gcm longtimer and once bought 12p and sold 300p.)

Intetesting post, Skier. Could you come and take a look what our mini miner (eua) is doing? Much appreciated! -------- Amazed at the number of gamblers who got caught on the spike here! Any serious revenues are years away... There will inevitably be placings and dilutions needed to dig up the goodies... The Chinese company is huge and has all the power in the relationship and will screw suppliers on price... Not to mention this is Bangladesh, one of the poorest countries and weakest currencies on Earth... Revenues will be nowhere near some of the ridiculous numbers quoted in this thread... As posted yesterday, a rough calculation suggests GCM will struggle to make £10m profit at best, and not until well into the 2020s