Member Info for danawinner

Not sure if this link will survive, but all the signals shout BUY!!!!!

https://uk.tradingview.com/symbols/LSE-TXP/technicals/

Wooster, I think that the Die-hard fans and followers have maxed out their Pension pots, and are sitting on their hands with bated breath, waiting for the Log results.
We aren't selling because it would be foolish, and we aren't buying, because we are all in already.
It's like the Guinness advert https://www.youtube.com/watch?v=Y9znA_dwjHw . I had forgotten how good this advert is, even if it is over 20 years old.
Worth a watch, right to the end, it is very relevant.

Shakeyerbooty, I seem to recall that we have applied for £1.95 mill of VAT Bonds, but can't find where I saw it.
As for the various bits of news flow, the AGM is on the 3rd of June online, so I think that we can be confident that they will come through before then. Nothing like a strong share price for a happy AGM.

I found this.
https://www.iiroc.ca/IIROCSearch/Pages/Search_Results_All.aspx#k=touchstone%20Write%3E=2020/05/12%20AND%20Write%3C=2020/05/19

Scroll down to row 2512

Security Company Name Listing Market Short Sale Trades % Total Trades Short Traded Volume % Total Traded Volume Short Traded Value % Total Traded Value
TXP TOUCHSTONE EXPLORATION INC. TSX 232trades 11.251% 551750vol 6.819% $306080 6.842%
Quite hard to know exactly how to interpret it and when these trades were done, but as it was posted yesterday and the market was closed, I am not sure.
Anyway, it appears to me that some brave soul got their ass torched.
Good. Shorting is evil to us old fart traditionalists that like to buy things and are averse to borrowing anything.

Interesting that the TSX associates buyers with a number each day,
Buyer 14 is doing multiple buys of 3,000 shares, trying not to spike the price.
https://web.tmxmoney.com/quote.php?locale=en&qm_symbol=TXP

No, it was a sell judging by the sp at 12.25.
North? Who else would sell.

12:25:10 19-May-2020 36.00 GBX 193,763 69,754.68 Off-book LRGS AIM

I don't think that we should get into any sort of conspiracy theory over North rebalancing its portfolio.
Like many of us, perhaps they wanted to free up some cash to place it into other short-term opportunities that have arisen as a result of covid-19.
They have not sold any shares at a loss, depending on how they look at their book.
If they account on the basis of the cost that each share was bought, they still have loads that they bought at a much lower price than here. Maybe they will hang on to the shares that they bought at the placing price, or maybe they won't, who knows.
They have no loyalty to particular companies, it is just a big pot of money and it get stuck into the shares that they have the best potential.
I believe that this is one of the best growth opportunities on the LSE, but they know far more than I do, and they probably have daily offers than look better than TXP.
Let them get on with it, I am holding long and strong in here until we reach at least £1, and when we get there, I will probably still think that we have huge upside.
GLA

Pharma shares have ripped up the rule book in recent weeks.
They were the 'widows wives and orphans' shares for many years, especially big pharma with conservative growth and dividend policies.
We have all witnessed the massive growth potential of small, fleet of foot companies that have been a little hyped by the Covid-19 hysteria.
There will however be some long-term winners, and I think that OO is one of these, with a portfolio of solid businesses, potential for divestment of one of its subsidiaries, and a brand new cash cow that will be milked for the duration of the testing requirement, which is likely to run for at least two years, with an ongoing future income stream for lots of other virus testing.
I agree with the recent VTM forecast of 30 pence https://www.valuethemarkets.com/2020/05/18/open-orphan-share-price-spikes-as-covid-19-home-testing-stocks-rocket-orph/ although momentum and RNSs will probably raise that in coming weeks, if the details of testing contracts are revealed.
For the time being, I think that the momentum will continue until at least the end of the month.
Yes, there may be one or two retracements due to profit-taking by those that slavishly follow Signor Fibonacci, but as a business, it has massive under-valued potential.
All imho dyor etc.
Another blue day ahead...........

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/TXP/14544617.html

In spite of North selling 1,247,500 over the last fortnight, we have still moved ahead well.

They have 14,598,750 remaining. or 7.96%, the threshold was crossed last Friday, which is 10 days since their last threshold on the 5th of May.
I wonder whether they have done a deal with the shorter, there are no shorts showing on the London Exchange, I have forgotten how to check the Canadian system.
We have no way of knowing really, unless someone knows better?

I am really looking forward to it reopening tomorrow and the shorters burning as they try to close their positions.

I can easily see the TSX market rising 15 to 20% in a day.

MwahahahahaaaaaaH.......

Let's hope that we get a decent rise into the close.

and I rather like this analysis-
https://www.forbes.com/sites/woodmackenzie/2020/05/14/how-will-natural-gas-navigate-the-post-coronavirus-world/#10c9687033af
It is all coming together rather nicely.

Photo, I sometimes day-trade my SIPP portfolio through Selftrade, now Eqi, and I think that £10.99 per trade is probably on the high side, but it seems to work OK, when you get the deals right!
On the Spreadbet side, I am using IG which seems to be pretty good, but I'm not sure if it offers the best spread, as it is always outside the SP spread, ie purchase price higher than offer price and sale price below the bid price, but perhaps where their trading profit lies, but it means that you need to see a 10% movement to get into positive territory, except where there is a tiny spread like RDSB or AZN where it works really well, and you can get into profit on a 1% movement.

Milnrow, I shall be very surprised if we don't hit 50 pence by the end of the month, and with drilling success, £1 by the end of the year.
When Paul said that Cascadura was transformational, he wasn't exaggerating.
Mow that would certainly transform my SIPP, I might even start putting sugar in my coffee. Well, once I have overcome the problem of all my clothes getting smaller as a result of this Covid-19. Who would have thought that it would shrink clothing?

OIL (WTI) Commodity 32.15 up 2.50 (+8.43%)
OIL (BRENT) Commodity 34.59 up 1.85 (+5.65%)
Natural Gas (Nymex) USD/MMBtu 1.76 +0.12 +7.17%
Things continue to improve.
We need oil to stay below $50 to avoid the Supplemental Petroleum Tax.
I think we should be ok for the time being.
Gas can ramp up as much as it likes. And will by the end of the year imho.

Nice tight real spread forming 36.66 to 36.99.
Ready for the next leg up.
Point by point is fine with me until the news drops, then we can anticipate a decent jump then 10% per day, if not more.
Just waiting for some buying signs from the TSX market which seem to anticipate the market better than we can.
I suppose that the monster gas flares do give the game away to all T&T residents within 5 miles!

I have been trying to buy all morning on Eqi/Selftrade.
Cannot even get a quote to buy £100 worth - exceeds market size apparently.
I can sell 50,000 at 35.25p without an issue.

Because it won't accept the trade, it says limit is too far away from current sp. Devious eh?

So managed to get a spreadbet in with IG.
I took a September future, but it would only allow allow a limit (cashout) of 24 pence.
They are no fools, they know where this is going.