Member Info for CHRI5P

Bricks that makes sense - for the last 6 months I have buying or selling AIM stocks but always found it easier after 2:30 to trade I suspect because the American are involved in the AIM market

Well I have kept on buying this week and bought another 2.5 million shares. Shares on AIM mining tend to drift lower for a time and then spike. The RNS in January was amazing and I just couldn't believe the shares didn't carry on to 4p. The SZ sale did look like it was the best of a poorer outcome than hoped but when you put both RNS's together then a placing is now very unlikely. The only reason for a placing would be thatt we really have hit a copper bonanza and we need to spend more to show this but the share price will be multiples of what it is now on that possible outcome. If you leave buying until the helicopter RNS and drilling campaigns and the news is massive then you will be buying on a spike which will have started well before the announcement. The 3 weeks before the January RNS the share price went up a over a penny on no news. This is why I sold quite a lot of shares because there was no news which could explain the rise. I think/hope we are on the cusp of major news and if not we still have th rare minerals exploration which l think has huge potential. With GLR there are many options.

price coming back - let's see where it will go - it can come back has quickly has it fell when you have had a rerate and volume has increased massively

EUA have only $2.7 billion proven and between $15 and $40 billion inferred/indicated and they are worth around £800 million and GGP have no proven resources and around $20 billion inferred and worth around £800 million (they're currently drilling for more) . We have around a million proven so I don't think we need any more proven but if we can infer or indicate a further $5 billion then welcome to the party and LR will be the king. Roll on £2 a share.

Volume good again today:
Volume 2,895,491
Avg. volume 375,824
I agree that longer term investors who see the bigger picture and also made money on multi-baggers and are in for when the rerate is complete. A 3 day winning streak might bring in some profit taking but due to the high volume the doubters have now left and the traders have taken profit on the way expecting the share to fall. This is what high volume tells you when a share increases, the true investor does not sell, investors with sticky hands come in and the weak leave and realise they have made a huge mistake (hence high turnover)..

1 pm and look at the vol so far:

Volume 2,385,197
Avg. volume 235,348

Three days on the run

Spreadex like IG Index can let their client's sell EUZ without owning them. Quite often if a share goes up 50% some traders will sell on a spread bet hoping for it to go down and I suspect this is being done (cheap way of doing it and no tax on the profit). However, if the share continues to go up and this happened to EUA the seller can start to lose lots and lots and they end up buying their short back at a loss. If we finish up by more than 2p on this sort of volume then this is a big move and I would be very surprised if there is not more to come this week.

The ticket came after we rose by over 4 time last time so I suspect we have a long way to go before we need to worry about that

I agree with mfm - to get a 30% SP increase which lasted all day with a 15 times increase in average volume suggests that there are further rises to come unless there is an RNS which cause people to sell. Very good day indeed.

This could easily reach 15p tomorrow and 20p by the end of the week and £10 million for a mine with a NPV of £150 million which could/will be increase very soon shows just what a bargain it is at 20p a share.

Thankfully, Grappa will be gone so no more moans from them.

Supply meet demand

This share will move and very soon. The problem is PI's only pile in when an AIM mining share moves up 20%. We have so little liquidity with M&G and Ganfeng owning 50% and other private investors once PI's realise we are going to mine Lithium they will be unstoppable. Institutions don't buy because they know they will push up the price and there's no more placings. We will be added to lithium ETFs which are increasing in size and just look at lithium go. Only 12 months ago there were talks that lithium demand would not meet supply until 2025 but it is happening now in some China battery factories. BCN will be on the move very soon and like GGP and EUA the price will overshoot your wildest dreams.

IMO with the Nasdaq a one way bet in the short term this ETP give you 3 times the upside and the most you can lose is what you invest. I have just added 5% to my ISA.

Lithium is up over 80% so far this year and it can only carry on going up. When we start mining we are going to make a fortune. I do think a pound by the summer is increasingly possible.

8.76 also suggests it might be a sale and buy for the same person just moving from a share account to an ISA?

I think a 500k buy would have moved the market, hence why I think it was a sell done under the table over a few days.
Yes Grappa I have 1.45 million and if I bought any more I would need to create an RNS. My mum also has 50k in an ISA.
I still think EUZ can be the next EUA who are up 20% today. What I don't think PI's who have not owned a share like EUA or GGP (100 multi-baggers) realise is that once the PI's are completely behind a company then it is difficult to stop the SP from rising and it is just has difficult to turn a bear stock into a bull which we are at the moment .

dnd2136 I actually agree that it was a sell. The price was probably struck Monday morning, hence the drop Monday and is why people moaned early this week that they could not sell any. Now the markets have cleared this they are able to create a market again. Only my opinion but I did think this last night. However I still have my 1.4 million shares and I think this will come good in the end and I am expecting news soon and lets hope we have increase the indicated resources with a new resource to potentially mine.

SFR have taken the risk out of GLR. They have purchased over 4% of the company at 2.68p a share and this shows their intentions and I suspect shows the helicopter survey was a huge success. I read the RNS on the 26th Jan and I was kicking myself for selling a lot of shares before it because the price was going up on not that much news until this RNS. Thankfully, a lot of momentum investors either don't read the RNS or don't understand them and have sold out. The sale of SZ in my opinion was OK, neither negative or positive but the shares sold off further and all I can say is thankyou because I have been able to double my holding at less than I sold them for. The 26th January RNS will bee seen has a huge turning point. I wonder how long it will take other PI's to realise it.

SFR already have the GLR shares