Member Info for Daisan

I don't see anything particularly special about GGP. MTR investment with PJ on the board has brought a lot of 'profile'. Supposedly they are going to introduce an asset (not sure why this will be positive for existing shareholders) and a drilling campaign for a nickel asset is on the cards. But, then again, it has been for a long time. Their other assets have been drilled without success. Pretty similar to a lot of other AIM miners and, you never know, the nickel drilling may turn up something (I believe the surveys were positive but I have yet to find an AIM miner where this is not the case). Certainly a hyped company but to me the current assets look poor.

But you don't only have to believe me or Okenia. If you look at Share Prophets (ok, TW is a bit of a ****), there is a detailed breakdown of this deal indicating just how appalling it is. It will be interesting to see who they mug in the placing because if it is anyone other than HNR or some other related entity, 'mugged' they will have been.

Ryanno, They could have picked any value for the transaction. It could have been £1. That doesn't make it worth that value. It is an old, old con trick to suggest that the share price should be higher. In fact they have bought a $90k asset for a notional £4m. Singularly the most value destroying deal I have ever seen and there have been some shockers on AIM.

Banter, You can trade these on margin - I just checked with my IG account and it is certainly available. Personally I think most AIM investors just chase dreams. Most of these don't come true and you end up losing a fortune.

I think Zak Mir comes across as a really nice guy. However, if you look at his technical analysis, have you noticed that he projects all of the share prices to rise? All of them. I have never seen him predict a share price fall. The closest he gets is by qualifying his projection with 'if it stays above.......' Strangely, this does not equate with my experience so clearly I have been looking at the charts of these companies upside down.

Over the last few months the share price here has tripled. And yet this board is quiet. I think this sums up AIM and AIM investors. The companies chased are those with virtually no assets, definitely no income and a very real prospect of going bust. Companies with a very clear path to substantially rising profits are largely ignored! Still, no problem with that if the share price calmly keeps moving upwards.

icalvert, I think that it is best to wait for the next quarterly update to see how the company is progressing. Needless to say, they should be pretty positive given the price of gold currently and over the last few months. Once we have those, projections will become more meaningful. However, it is difficult to see any projection that does not currently see these debt levels falling significantly. And the fall in debt should pretty much translate directly into a rising market capitalisation.

Just out. To be honest, they could almost have cut and pasted last year's report. Points to note: 1 Cash and cash equivalents remain above the current market capitalisation (by a margin) 2 Polymetalic shares stated as about 11m euros as of 31st December 2015. As of today, that is more like 17m 3 Other investments amounted to 1.1m euros. I suspect that is more like 1.5m now All of which suggests net current assets are about 25.5m euros or around £21m at current exchange rates. What is the current market cap.? As usual the question here is what will release the value and here I will take issue with them. They have indicated that they have yet to find an operation that is suitable and that they can add value to. Sorry, but a buyer with cash of resource companies over the last few years has been like a kid in a sweet shop. There have been LOADS of bargains around. Some of which will go bust without money (or even with) but some which could benefit enormously from a cash injection. Sitting on cash in the resource sector, particularly gold, is going to be a bad thing to do over the next few years and they should use their stake in POLY as proof of this. The way in which value will be released here is to either sell their POLY stake and return it to investors (unlikely) or find a great (gold/silver) asset to invest in. I am not holding my breath but you have to say that this is et another 'binary' AIM share - worth very little for ages and then 'pop' up and goes. The question is how long is 'ages'?

A safe and prudent move by the company but they have done it in a very innovative way. For a start it is only half the projected production which means if gold spikes dramatically they still benefit. The put/call set up ensures that they are protected on the down side whilst experiencing the benefits of retained strength. They only start to lose if gold goes above $1426 which is, of course, possible. So this is business as usual unless it goes $1426 with a limited downside of $1200. Believe it or not, from some technical aspects gold has still not broken out of its long term downtrend and could on that basis fall to sub $1000/oz They have not forward sold which would have guaranteed them a price for their production. This is good as in the past companies who have forward sold significantly can be caught out if they are hit by production problems and the gold price has risen rapidly (meaning they have to buy in the market). Not that forward selling half of your production is that much of a problem as it is probably unlikely (although not impossible) that you will hit problems that keep you out of production for half the period.

No idea. But I don't see him on my other goldies, pretty much all of which are up strongly, and the ones where he usually sits are flat.

Sparkyboy1, Brexit => risk and uncertainty => gold price rise => CGH asset worth more => share price rise.

8p paid and over 9m volume.

Degsy, Your research is a bit like a small child reading out loud.

Over 4m traded so far (average for a day is 1.6m) and 7.74 highest paid. Probably getting close to the point where Dibs will be back!

To be fair I can only see 4 tweets today for #cgh, 2 by Doc Holliday. May be the start of a ramp but it does have some basis given the uncertainty and subsequent rise in the gold price as that has the potential to increase interest in CGH's asset. Any increase in probability of an asset sale or investment will have a massive impact on a share price that basically predicts not much of anything over the coming months. So not a bad call to expect a rise.

What we all pretty much suspected but good to have it confirmed. Next quarterly should be very good.

7.2p paid and most gold miners doing well on the back of the strong gold price. I would expect this to continue provided gold can maintain its gains. SHG also has some ground to make up I believe as a result of the rather botched recent placing. Looking good.

Not sure they are fishing for anything. I can't do buys or sells for as little as 10,000 shares. Complete paralysis I suspect unless I put in a kill or fill deal.

I actually expected a remain vote but I am invested here. Plenty of reasons other than Brexit to invest in gold. My original post was meant for the wider market. Apologies if it was misinterpreted as meaning directly for AAZ which should obviously benefit from rising gold prices.

Going to be interesting. Crash helmets at the ready