I liked Oil_Beasts post earlier at 11:18 about this mornings RNS being a green flag. I'm ever a pessimist on things but if this was a puzzle of some kind today's RNS would seem like a large clue to completing it (assuming no funny business going on behind the scenes). Let's see. DYOR.
I totally agree normbeef. It's almost like desperation. I recall in December time when somene suggested here that the SP would be 2p by end of Q1 and several of us said we'd be dissapointed if it turned out to be that low. What a reality check by now. It is a case of waiting for the long haul after all.
Thanks Viking. You summarise it well & yes the whole crypto scene at the moment reminds me somewhat of the .com era all those years ago. Have a good day too.
Keep it polite chaps. Boof is entitled to his opinions. I am invested here but there are several on here 'extremely positive' on WCAT but who's LSE chat posting history is mostly only related to WCAT which does set alarm bells ringing.
Am not comparing any mines but in general as time goes by the world sucks up more copper. The best grade mines become exhausted & historical so the mining community will inevitably need to move on to those of slightly lower grades anyway.
@SSS86, if the share price was around 2.8p - 3p all afternoon then any idea why might there have been buys at 4p plus? Must say, along with the others, I'm also becoming slightly suspicious of what's going on here.
Probably right there Mr T. We've waited a long while for these assays and it's proved to be a bit of anti-climax for the SP. I'm expecting to see it tick upwards gradually over the coming weeks as the ii's buy in.
I think we can all agree this is a rather volatile high risk stock from the SP movemnets this week. Anyone know who it was pumping money in on Tuesday & Wednesday?
I suppose the slightly frustrating aspect is that we wait in anticipation for weeks for these good results and it turns out we could simply have bought this morning after the RNS, at much the same price. It will grow though with patience.
Boof & Bailiff, I kind of get your concerns but if a nothing special crypto-crap outfit like ARB can go from 10p to 200p in just 2 months then i figure this one can run quite a fair bit further over time. I shall stick with it.
Hi Beaners, you had me excitedly wondering what was going on but I see the price is back down now to 0.0127 dollars, so seems like it was just a temporary phenomenon.
I'd like to believe in the MM's holding it down malarkey but unfortunately I think it's just lack of interest from buyers. One things for sure, if the imminent hole 1 assays are good/reasonable, then news has certainly not been leaked.
I'd love to get my money back on this dog of a stock but really fail to see how the Reddit lot, who have the option of targeting literally 1000's of shares on the US markets, would choose to even consider one of the lousiest shares on the UK AIM market of all places.