Member Info for DanF1976

Volcanic Gold keep going up - we should all have invested in there instead lol

I was hoping that we might show some positive signs after VOL went up nearly 35% yesterday, but here we are nearly 10% down, of well, such is life, I guess we will see what happens over the coming months.

Bring us down with the rest of the market, or will we rise on the basis that people will take their money out of shares and invest in gold and property?

Seems gold is rising, but will we be seen as just a shell?

Let's hope the buys keep coming!

I would rather have money tied up in second houses earning a decent rental income than worry too much about shares going up and down. That said if you are looking at figures, what profit have you made since selling at £4.75 and buying at £4.85 - the percentage doesn't look great does it, mine is 23%? But like you say it's all a bit of banter - even if getting a little tiresome now, gl - after all we all make money if the shares go up :)

I guess there were some big buys prior to the RNS, maybe they are selling taking profits to reinvest elsewhere before buying back in just before the next big announcement - someone always knows more than me lol. I'm in for the longer term as I know as soon as I sell mine the sp will rocket lol.

I would settle for that, I had pretty much written the shares off and accepted the loss, so all current gains are a bonus, I only have a couple of hundred thousand shares, so they are never going to be life changing, but I guess patience is the key on this one :).

Hi Stew, what would you class as a realistic fair price, I bought my current shares at about 1p, so am sitting on a loss for that particular trade, although I had bought and sold a bit during the previous surge. I'm just interested to know what you and other holders would feel was no longer cheap :).

Does it matter how many I bought or own? They are worth more now than I paid for them, and I have more now than if I had sold in the 470s and bought back at 485s. At the end of the day we are all here to try and make a few pounds, I have just learnt my lesson in the past and won't suggest that people buy and sell at prices because I'm not a trader and wouldn't want to feel guilty about people potentially losing money based on anything I say.

Like I said, I'm lazy, I bought after the Brexit decision feeling that it was a massive over reaction and will probably stick until around the ex-div date and will review it then, we all have our own strategies, but personally I always get hit by selling at the wrong point, and then having to buy back higher. I can see that it is constantly bouncing around, but I am confident that having bought them at sub £4 they remain a relatively low risk investment, each to their own :). I could panic sell based on this mornings drop, but like I said, I'm lazy.

Good old Credit Suisse and their recommendations, weren't you telling us all to see at £4.75 a couple of days ago, and now you are bragging about the perfectly timed buy back in at £4.85, I'm glad I just stuck with the ones I bought at £3.94 - but then again I'm lazy ;)

Thanks Vienna, to be honest I was just humouring Sarkozy, I've seen the posts before. I bought a couple of hundred thousand shares during the last rise and saw them collapse, so I'm happy to ride out the storm. Either way it isn't going to ruin me or make me rich. I've recently found out I have a potentially life threatening heart condition, so there is no way that anyone is going to succeed in winding me up over SMA, life is far too important for that - but who knows, they might end up paying for a nice holiday somewhere :).

Fair enough, so what reason do you have for him wanting to be involved, surely if he stood to make nothing he could find better ways to spend his time?

....what do people think Jeremy Sparrow will be looking for in the way of a return from SMA, and over what time frame? Presumably a man of his calibre would want to make a decent profit to make it worth his time :).

Yeah, I think your probably right, it's still a little strange that we haven't heard any news after the 2 mill buy, but I guess it didn't happen at the right time in terms of the Brexit result and I'm sure we will hear when the time is right - I'm in no rush to sell, either they go boom, or I just keep sitting on a heavy loss, either way, I don't see any benefit in me selling them at the current price - fingers crossed :)

Well I'd settle for a 24% rise today, but I still need it t get back to 1p to make my money back lol

So will we get news, or a speeding ticket or neither today?

Do you think the trades at .37 are buys or sells, HL showing as sells :)

On HL it's showing as a buy, not that I always trust any of the trades lol