Member Info for CHRI5P

1.5p to sell come on GLR - where is the 70's detective gone?

Mid price now 1.5p up 11%

1.5p to buy - YTD high and if we finish at this level the graphs will be showing 2p is on the way!

29 trades already on LSE - massive

1.4 to buy now up 0.075p

1.35p to buy here we go - the traders will be disappointed if they were hoping to get back in at a much lower price.

It looks like they were buys - just before the price hedged down.

I suspect the sells are actually buys due to them being so close to the mid price.

Thank you F56 - I think we have had a huge number of buys and the SP will be positive by the end of the day IMO.

The £724k is either a buy or a delayed sell that was worked through the morning. I think any sell which is 0.001 lower than the mid price is a buy - did anyone make a purchase or sell which was 0.001 close to the mid and was it a buy?

We should start Monday at 1.375 mid up 0.025 due to close being dictated by the 1.35 at around 4:35 pm rather than the mid price. With no news before 8:00am that is where we start where we actually finished on Friday not 1.35. This happens all the time. 1.8 this week and we will have the momentum investors pilling in.

We have just finished on a YTD high up 10% - this is fantastic news and good volume all week. When is Monday going to start I want the weekend to finish!

up 0.125 or 10% - no one wants to be out over the weekend

Bid back to 1.35p here we go

Thanks again Data.
If there is one thing I have learnt in AIM exploration is that if you have a winner stick with it until you have an obscene amount of money in it. Then top slice it to put into cash/pay down the mortgage and sleep easily at night knowing that you are rich. There must be 10 times as many losers as winners so selling GLR to go into BZT to me is an error even though I do have a few BZT. There is no better AIM exploration company than GLR and that will be the case until we are above 5p. I did well with EUA and was in at the beginning and I must admit I did not think I would find a better exploration play but I think GLR is.

MM you might also believe still

Grappa you did believe 2 years ago when you invested and so did HSide/BB, Bricks, OilTap, Lor 9 and many more but hardly anyone does now. So will the majority be right and we are doomed or will the few get the prize. The 900 m drilling is the key for the few.

The reason we are worth £2.8 million is down to excessive admin costs, delayed PFS and very poor communication from management - it is not taking into account the good news at all. In Autumn last year we announced an increase in the grades which confirmed an increase in resources which would improve future profitability. The SP fell the next day and kept falling for 4/5 weeks until we had the placings which turned into a melt down and we are now worth £2.8 million. Absolutely nothing to do with the resources in the ground but all to do with sentiment and armchair PI's selling out and not wanting to have their toes burnt again. Apart from me, Shed, CJ and T72 no one is looking at what we have they are looking at where the SP is and what the SP's been doing for the last 10 years. So I don't think any resources in our current JORC are factored into the SP. Institutions do not look at companies worth less than £50 million so it is about convincing PI's to invest unless it is a discounted placing (because a rights issue costs too much) and so yes dilution is likely down the road. The AIM exploration market is full of loses and a few multi-baggies and very few normal investments that you see on the main market because they are impossible to value, they're ramped and de-ramped, they have no income, expiring licenses. Time will tell but I believe EUZ is very cheap due to extremely poor sentiment.

Bricks I think we will need to agree to disagree because IMO EUZ being worth £2.8 million is valued at the amount someone would pay to use the accumulated loses to be put against your tax gains or a shell company like Grappa mentioned. There is no value attributed to the data we have showing that we could commercially mine Zinc or Lead. So if we were to show that we have enough copper then this SP will increase by at least 4. Cobre have had drilling results showing copper is present and have gone up 600% and they are now worth £41 million, no JORC, PFS, DFS, JV. I said this 12 months ago, copper is a sex god and zinc is not.

With those sells in mind there must be many more buyers out there - time are changing.