Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
There are Rampers on here. There is also a lot of research being done by a few notable nominals.
You say you need to wait for tangible news. If you have been around the AIM for more than a week or so, then you will know that when news drops, you will be too late. It remains a binary call.
GLA
Danno.
If the Government of BD are going to get 'onside', then they will ALL want to be 'inside' before this goes rocketing.
From the recent RNS, there is talk of Government involvement throughout the report. Without the Government, nothing happens.
My baptism of fire into these type of investments was with GKP back in about 2007 I think. I bought initally at 6p. It went as high as £4.50 something I think. It eventially got re-financed at .089p something, if I recall.
Why do I tell my little story?
Well, if look over at GKP, its still all happening, all theses years on, and the Government runs through the public company that is GKP like Blackpool through a stick of rock.
The ride with GCM, I believe will be similar. There will be mates rates placings in the early days. There will be things that happen that make no sense, the price will drop only to rocket the following day /week.
Expect the unexpected. Watch like a hawk, and look to learn along the way (if you are relatively new to this stuff.)
This board will be infected by all manor of conspirators along the way, and threats of legal action, and fist fights will ensue!
Finally, strap in and try to enjoy the ride.
GLA - something tells me that we are going to need it!
Danno.
Https://investingstrategy.co.uk/financial-news/is-the-small-cap-market-broken/
The AIM, is the vehicle that is the cause of this decision.
A vehicle for crooks who wear ties to manipulate company share prices. The board, and the boards of many companies on the AIM are in the same boat. Yes, some boards are of the crooked variety too, but most BOD's take a decision with a viw to growing the company only to see the share price rise by 20 - 30 % on a day and then slowly retrace a further 50% or so!! For me, the RNS spells out this frustration - the perceived under-valuation.....
From the RNS.
......the Board felt it was necessary to address the perceived under-valuation of the business in the public markets and the potential inability to access the future funding that the Board believes is required to allow C4X to flourish as further explained below.
You will say 'They are raising more money!'
Yes, but if were raised at 'fair value' it would be sending companies into a slow death spiral.
I have noticed a few takeovers lately, some being over a 100% increase on the market value! Plenty being not far behind.
I plan to stay with it, and see what the BOD can do when not swimming with the sharks.
GLA - whatever your decision.
Danno
Think about it.
Is it the company and their product that has hooked you in?
Or fact that we are in the AIM?
It's like swimming with money sharks every day, but you are pretty much blind folded, and have money scent using out of you!!!
On this occasion, I am more than happy to follow the investment - stuff the market!
Danno
If I've read it correctly, we are allowed to keep our shares and stay invested.
If that's the case, I'm buying more today.
F this joke if the AIM. Investment market my A. Full time price manipulation more like.
GLA
Danno