Member Info for davidblack

Weird but somewhat off the mark.

I celebrate 1776 as the day we got rid of the US which was always a huge financial loss.

Also, It’s an odd place where I never feel safe.

As to denying global warming, it’s a recurring natural process of this planet anyway which is why we had an ice age not long ago.

But whilst we are here maybe we should be careful on how we use precious hydrocarbons and avoid emitting any waste.

So you are somewhat off the mark.

There is no 120 day holding period that occurs on Canadian fund raising.

So if they people are not insiders or directors then the stock was probably sold already, according to my Vancouver broker.

Another round of recycling out soft holders in progress.

Once that’s completed and it should take long we will be headed for the 0.60p plus area.

Anyone who loaded up sub 0.5p post the placing congratulations, clearly your the smart folk!

Not the USA but the Socialist Republic of California.

Repost that as many times as you like.

It’s a great reminder why it’s important to stay firm and keep on buying the dips for those looking to 20 bag this one.

Ha ha we have good news that they are selling off at a profit no core assets that consumed management time and working capital and the stock ticks down.

I am betting it will close up at 52-51 today and that the MMs are filling an order.

“The spring” is tightening ahead of the next contract win RNS.

So what else do they currently have cooking?

Well a modest amount of cash given most of the consideration removes bank and intergroup liabilities.

The bigger flag is it cleans out past distractions that reduce the ability of the business to focus on its core.

Classic post VC approach to sorting out the initial scattergun approach of the previous managements “Lots of options” business strategy.

DP is clearly stripping away all the past blind alleys, one after another.

Isn’t soon a Greek word for hopeless optimism?

Billingham, Deeside or even Ireland may come sooner?

So if the PE was 25 maybe 1.8p?

Credible or not as a 12 month target?

Doesn’t Peel have a waste to gas plant in Hull?

Interesting if EQT is going into their backyard?

Shuffling between funds at a brokers most likely.

Big fund raising just days ahead of COVID Kind of makes charts in that period a little useless. There were folks selling in panic but also rationale fund managers selling to preserve liquidity in their funds. So maybe the chart analysis needs to take that onboard?

And thank god PB did that raise as it tees the company up brilliantly for success without the drag of a discounted placing. Coho cash flows coming in from October will also change the perception for the better.

20th today so they are on their 8th day of drilling now.

Still ongoing buying taking out loose holders but interestingly the volumes have shrunk in recent weeks.

Bodes well for the share to move up on decent buying.

Even more so one some good news! 0.72p being my “Guess.”

Just another point on the upward journey where profit takers are getting off the train.

This stock just needs to continue this upward consolidation process and clear out all the loose holders between here and 0.72p before the next news.

Reposted to Stockhouse in Canada where I think you might have improved some peoples morning.
Whilst in the Uk the stock is down 10% from the all time high in Canada it was off 20c 14% at one point yesterday.

Clearly they were looking for margin stop loss players which the Canadian's seem to like. It was fairly predictable according to my Van BC based broker.

Day five on the drilling

Get worse after a couple of beers!

Price a bit soggy this afternoon.

We await news to give this direction.

Debcashew that new company is just a placeholder new entity for a possible new deal.
Wouldn't read too much into it as they cost £79 to set up and £10 to close down if they don't get any interest.
But it does suggest that they are busy!