Member Info for deepjoy

I am in... market reaction to assay results on, what is the secondary asset is clearly oversold and I couldn't resist getting in at this price. There may be a placing soon but the upside potential here is massive so id rather dip in now than risk missing out on the rebound … GLA

If the SP holds a 5% range today and finishes flat on low volume i'll be a happy bunny tbh

GLA

I suspect that some short players see the opportunity arising from a propensity for PI holders to panic sell this share on any sort of retrace or reaction to mixed news... Given the huge % of PIs on the share register it is one means of II's getting in cheap over time surely?

knowledge breeds confidence I think :)

short term I meant doh… I need a coffee or three

yep... we really need a flat day today at least but more optimistic than ever about this share now we are churning some of the short takers profit takers out :)

yes Joe that the flattening out bit I referred to … All is well from my perspective at least :)

Dillon. I wouldn't disagree but the volume of trades today was more than any day for the past week and that tells me that people were buying hard on the lows to bring it back from 6.40... from my novice perspective t least its a good sign.

Every day is a school day..

I am a complete novice at charts so take this with a considerable amount of caution but, having had a look today, the rapid rises earlier this week were clearly showing as 'overbuy' (RSI) signals (wish I known than that before now). Also as a point of interest and looking back over the past few weeks when retraces did occur they lasted two days before flattening out and rising.... erm …. I remain optimistic but I would say that wouldn't I :)

Any chartists out there to put me right or wrong?

cheers all

they have raised the bid price twice now to attract any remaining sellers.. I suspect this share will fluctuate for a few days to encourage a changing of the guard so to speak ….

who knows for sure Razel but it appears so

erm…. someone wants shares

I have a feeling we may be reaching the bottom of this fall back.... erm,,,

perfect timing JOE :)

Razel… I sense you are very exposed with this share.. Whatever you do if up to you of course but, I personally wouldn't sell out 'completely' nor would I buy into the dips to bring your average down.... remember why you invested in this share and if it was purely sentiment based then but it down to experience, however, if it was because of the company prospects and BOD then forget the paper losses atm the moment and concentrate on the bigger picture...

I always try to remember what Buffet said : 'the stock market is the perfect mechanism for transferring wealth from the impatient to the patient'

Good luck but revisit your decision making rationale and see if it still holds before you push any buttons :)

It appears that many investors on here are acting like they are on AIM.... too many making instant reaction based decision to SP corrections etc. My average is 15% above the current SP but there is no point buying more today as it is clear people will be selling or almost worse still buying on the rebound leading to over exposure and then selling a proportion at a breakeven point.....The only things I am absolutely sure of is : 1. I am not selling unless news from the company is bad AND 2. not buying unless we have a drop in excess of 30% from current levels. All remains calm from my perspective at least... GLA but watch your exposure levels I would advise :)

Mojo...I think they made reference to a need to do one in the chaos of that piece but I don't think they have . I've been keeping an eye out ...

I know, the drop has enabled me to reach my full investment in this share :) here's hoping !!

just people giving up shares cheap thinking the same as you...don't go there !!!

the rinse cycle continues it would appear... personally I do now need to off load some shares in due course as I have double what I had two weeks ago and need to reduce exposure BUT even my flawed logic tells me not to give them away at these prices...jeepers people still have jumpy nerves at this juncture wow!!

point of note ; At the end of the interview he was asked about any other potential projects apart from Trinidad and Ireland and stated that previous experience had taught him to focus on deliverables and not upscale too much.. Clearly very confident in his ability and the methodology being used....