Member Info for chester18

GH said that it was Newcrest's intention to reach the end of stage 2 by end March.

At that point they have earned 40% of Havieron. That is a major milestone and cements their commitment to the goal of building the goldmine.

Will that get the SP back on track ?

Chester.

Hi Grizzlyb

Decided I had to buy some shares today with the intention to buy even more if this revisits the area of 45p.

Next year will arrive, Retinitis Pigmentosa will still need treatments and Reneurons stem cell treatment will be in demand.
More importantly data from the Stroke study will be also be released next year.

These prices are an opportunity.

Chester.

No just a top up....

Chester.

My strategy is to buy 50% of what I feel I can afford. This is on the basis that if the price goes down I could buy the other 50% and if it rises sharply at least I've got the satisfaction that I picked up some cheap shares.

Keeps the stress levels manageable.....lol

Chester.

Hi Gettingpoorer

I view TRX like this :

The company owns some valuable assets,all of CellRight USA, the IP of both CellRight and Tissue Regenix, the Patents, the European approvals and the FDA approvals.

If there is no funding then what happens at the end of April do they just close the doors and that's it or would a larger pharma company like to buy a bargain. So what is that bargain worth, well I would say 4p a share minimum.

This investing lark is not easy but you have to know what you are investing in and TRX represents a good solid business that just needs capital to build its business, it's not in a discovery phase it's in the building a base phase, in fact it is a disruptive force in the Bio-Regenerative industry. It has products that are needed and wanted by the clinicians.

So in my opinion the upside gain is totally worth the downside risk. I may lose everything but I doubt it, so I invest.

Chester.

Hi Gb

The current price under normal circumstances is so low. It's just so difficult to justify buying any particular stock at the moment. I do feel that in the next twelve to eighteen months Rene will be worth around £4 a share. The RP data will be in and the CTX in stroke very close and both are worth billions if successful.

I still want to build a position in Rene and my goal would be 20 to 30k of shares. I surpose now is a good time to buy but I need to convince myself it's the right decision.

I'll let you know if I find the courage.

All the very best

Chester.

The Fosun Pharma deal was worth £80m and that's been signed on the dotted line.
So no chance anyone could offer below £100m and I would suspect even £200m would be refused.

Chester.

We seem to be in a 0.7p hold until news.
The bottom for selling is 0.62 ish.

News in my opinion is now overdue which makes me feel I should take advantage of the sp and add a few more before the end of the month.

Chester.

Morning Ruckrover

I think you are spot on with that observation.
My worry with 'total lock down' to stop the spread, for example like South Korea, is when can they start to begin normal life and open up their boarders. The answer, when a vaccine has been proven safe and effective which maybe the best part of 12 months.

We need to control the spread of the virus and at the same time protect the vulnerable until a vaccine is produced.

Its g to be a tough 3 to 6 months for all of us.

So I send everyone my best wishes and hope we are all here to continue our debate about Scancell in six months time.

Chester.

Hi Chillll & Helu

I think once TRX advises what they have decided re- funding we will see it rise towards 2.0p even with the current pressures on the markets. I've built up a good holding in TRX and was very tempted when it dropped to .72p, if it goes back to that range I will probably buy some more.

With regards to other bargains with a high probability of doubling or trebleing inside 6 months is GGP at the current 3.5p it's a bargain considering the what they have found at their Havieron prospect in Australia.

As you probably know at the moment buying at any price is still a risk as we don't know how much the Coronavirus will change worldwide economics.

Good luck to everyone

Chester.

Hi C7

Stay safe buddy, what we need is Ocado and the like to offer a Coronavirus managed home delivery service.

Driver to wear mask and disposable gloves with all products in outer plastic bag that has been wiped down.

Worth paying for....?

Chester

We still have AvidiMab that now needs to be the catalyst for new cash. Those agreements can still become deals in the next 4 to 6 months.

One day Scancells luck will actually be positive....

Chester.

Just to underpin why holding plus accumulating this share is so important even with the current Corvid 19 Crisis, if you don't want to miss when the big news lands :

1) Newcrest aim to complete Stage 2 of the Farm-In by the End of March ( 2 weeks )
2) Newcrest Quarterly Report end of April ( + 4 weeks )
3) Greatland intend Drilling Scallywag in April ( Results Possible in end May ( + 8 weeks )
4) Newcrest Quarterly Report end of July ( + 8 weeks )
5) Newcrest Quarterly Report end of October ( + 12 weeks )
6) Maiden Resource Estimate 2nd Half 2020, around September ( + 4 weeks )
7) Newcrest aim to start a Decline by Early 2021 ( + 20 weeks )

Plus all the potential news from Paterson Range East, Firetower, Blackhills, Panorama, Warrentina and maybe even EG...

Have I missed anything vital in that Timeline....

Chester.

I've noticed that most of my portfolio has dropped but have stablized to where most people are underwear but preparred to hold.

With GGP the issue is that many PI's are still in profit having bought into the share at 2p and below. The lower the price is pushed the more some of those investors worry that all there built up profit is going to disappear. This makes some jump for the sell button and it does seems to be happening today.

I've got my holding in GGP to a level that I'm very happy with but if the share is driven back down to a range of 3.0 to 3.5p I will convert the maximum of my other assets into cash to buy even more Greatland Gold.

After all Newcrest / Telfer need our gold!!

Chester.

Not only is the potential tonnage growing with the consistently higher grades that continue with each new status report, why can't we also say that Havieron warrants a gold calculation of 4gms/tonne as a much better fit than the standard 1 or 2gms/tonne.

Chester.

Hi Sandhopper

Feel the same, I really get where Tissue Regenix fit into the future of the 'regenerative tissue' industry.
They have answers the surgeons and clinicians need to give people back their movement or health. They have Intellectual Property Rights, Patents, European and FDA approvals. Not to mention new products in the pipeline and awaiting approvals.

Given what we understand about this business it would mean the end of Capitalism if they can't find suitable funding to enable future potential growth and an excellent return on investment.

So I have also had that internal debate about risk verses known worth of TRX and have added to my share holding.

To my mind TRX represents a positive risk to reward that is very hard to find.

Chester.

I've not had time to read every post today so I hope it's not been talked to death already .

The large sells are more than likely to been the remaining warrants. Perfect RNS to create enough liquidity to convert the remaining chunk of warrants. That in its self is excellent because GH will now have a very fat piggy bank to do justice to Scallywag, Firetower, Paterson Range East, Blackhills, Warrentinna and Panorama.

He must have to pinch himself on an hourly basis to make sure it's all real ......

Havieron is a once in a lifetime find and there may be another one next door.

Chester.

Not to worry there are always people ready to buy TRX shares and I'm one of them.
Just topped up with 600k at 0.84p which I see as a give away.

Chester

MM's moving the bid and ask at will...

Showing 4.85p as sells and 4 mins later 4.76p as buys no wonder they make money and we just get dizzy.......lol

Chester

My favourite part of todays RNS, GH said :

"We are delighted by this sixth consecutive set of excellent results from Newcrest's drilling campaign, which continue to demonstrate the continuity of high-grade mineralisation......"

Six straight 100% top quality core results....

450 mtrs strike length, 600 mtrs depth (open) and still open NW....

Can anyone tell me if these latest results significantly increase our understanding of the 'known" size of the ore body ?

A very happy, Chester