Member Info for Dibs61

I listened to the interview. I have to say it was contrived. Full of loaded questions. Nothing to actually challenge Mr Blamire. Justin Waite was metaphorically fondling JB's balls. Incidentally JB came across as slightly desperate to me. He seems t have ramped up his rhetoric to another level. Let me tell you that any CEO who states that their (£4m) company is going to be a £1bn company in five years is in full rampathon mode for a REASON. Let me see what did Justin not ask about? The cash position John? No don't ask me about the cash. Cash burn? La la la The placing John? I don't want any questions about fundraising, I'm paying for this interview. The contracts John because you said you don't consider any contracts under £1m worth RNS'sing? Don't ask me that. Ask me about fridges Justin. I'll talk to you about fridges! What's the current progress status of the cyber insurance project John that you last updated the market about ONE year ago? No questions about Cyber Insurance please. Errr ok John what about BYOD which you talked about so enthusiastically last year? I'll 'bring my OWN' questions thank you Justin The thing about fridges was absurd. I know some will say there is some tenuous connection to a future where smart homes require cyber protection but that is a long way off and to waste time talking about it now was a distraction quite frankly from the serious issues which confront the company now. I wanted to be impressed. I really did. But I wasn't. At all.

BUT a strong afternoon rally pulling us off lows of the day. Again just before close MM's wanted 2.7498p for just 60k shares so I think that tells you that their 'stock is falling' so to speak ;)

I got NT over 50k shares at first then I got a price for 60k... 2.7498p massively over quoted ask

Welcome sir. I think your order was clearly a kill or fill sent to a dealer. I see now if you want anything over 50k (which is 2.43 over quoted ask) it is NT straight to a dealer so that's prob going to carry a premium like yours did. Anyway, for you I doubt it will matter as there are clearly big developments going on here.

Just got back from hospital, been there most of the day. I have a condition called Ulcerative Colitis and just started a new infusion treatment. Well looked after! So it's been an interesting day, a pullback from the levels we reached is hardly a surprise is it? But we seem to have bounced off support roughly around 2.2. Most of the sells are small PI ones who've simply panicked out seeing the SP drop. I tend to think that if you are driven that emotionally you really shouldn't be here but there we are.

We do seem to have a seller atm every time this goes over 7p. But he doesn't want to sell much under 6.75p and we seem to have fairly solid support around this level. We may have to wait until this seller is finished before our next leg higher though a combination of further gold price rally and/or the April production update might be more than enough to absorb supply coming onto the market. My view though is that this an excellent entry with just a 6-12 month view. You should comfortably get Finncap 13p.

Well he actually thinks he's quite clever mate. Come across these types before. Initially its that they 'care' about your financial welfare. They want to add 'balance'. When I am treated to this 'balanced' view the first time, and perhaps, the second I think OK thats good, thanks for the contribution. I always like to hear alternative views. When it continues and it is by someone who manifestly admits they are not invested and have no interest here other than attempting to seem more clever than the people here who are actually making money its pretty sad really. Now, I can promise you this is the last I will say on this subject because we really have far bigger fish to fry here. And I will not respond to anything from this individual in future. They will be simply be ignored.

The rest of us continue to make money here.

By your comments I assume you are Indian by birth at least? I have a theory that there is at least an element of Indian buying going on here. Someone has a good handle on what's going on out there! What do you think? Do you think it likely that Indians are buying on our exchange based on their knowledge of the developing situation?

Someone's got plenty of confidence at these levels

Drop the bid to 2.50 and make the spread ridiculously wide. Fail. Raise the back bid up 20pts to 2.70 Dummy buy @ 2.88 - once again way above quoted ask and that was for a paltry 60k's worth. Net result : they will eventually have to succumb and take the price up to the next point where a few will sell.

Finncap target 13p reiterated this morning.

CPO Price now topping $700 - highest for over a year. This time last year the PAL SP was three times what it is today and that was in the middle of the Ebola outbreak! and CPO prices much lower. Which is now over. Value of companies assets will be higher still with a higher CPO price. So this is perhaps now less than a QUARTER of book value.

This looks like another case of feeding at the trough. Easy money @4.32p, something like 30% under the current SP - notwithstanding what the SP could be in three years time of course. But if all their bullish words are fulfilled one would suspect 4.32p would be a bargain. I've been looking here but I find that rather off putting because management aren't exactly stretching themselves to perform are they?

Someone picking these up on the cheap. As I said previously this stock ordinarily tracks CPO price and it's now at a years high over $700 This in no way is reflecting either the asset value here or the CPO price. I expect this to start moving north shortly.

Yep me too and I've been bangin on about it. For the time being it looks like Singers decided to show the 'actual' prices. Any technicals are completely out the window now and I would ignore them. This is being driven by much deeper forces ;) Thing is who knows what the valuation is here for a micro company with an (unknown) stake in what would be a substantial gold producer - and I mean substantial.

Remember to keep your call with the SP rising. Remember that this is worth 4p without ANYTHING included for BGML. Sounds too good to be true I know but that is fact.

Rose to 44c last night in Oz before dropping back later to 40c - looks like that coincided with the mini smack on Gold last night.

To see a plan coming together (so efficiently). and NO dilution to shareholders. An endorsement to the companies status as an established producer.

The various press articles related to the BGML developments have referred to an "Australian company". Kolar Gold has been specifically named as one of the JV partners in two articles now. But I've done some additional research and Kolar Gold actually has an Australian parent company (you can see it on their website under company structure). Also Kolar has some back office operations in Australia, So I think we can be very confident that Kolar is directly involved in the new deal to re-open the Kolar Mines. If true, and there looks to be plenty of press coverage to back it up, this is HUGE news for Kolar. It's what the company was originally started for. It also explains the relentless rise in the SP for the last month or so. Very very exciting news for shareholders.