Member Info for Dibs61

I'm having so much fun over on KGLD.

Yes indeed. Its just so totally opposite to my investing psyche, I find it incredibly difficult to comprehend. I like risk but I also like searching for value that the market hasn't recognised. I don't jump on momentum. These people are reckless ambulance chasers. You might win now and again doing that but its not going to provide a big winner.

The rough value of the remaining resources at the Kolar Gold Mines are in the header of this post. Valued at around 2,000 Crores = £209,745,555 Kolar MC: roughly £2m. http://m.dailyhunt.in/news/india/english/commodity-online-epaper-commodit/india-calls-for-starting-fresh-exploration-at-kolar-gold-mines-newsid-35813246

@ 1.75. Thats rubbish. Its currently 1.88p ABOVE the quoted mid. MM's doing every trick in the book to scare you out. HOLD and this will go back up soon enough.

There are some clueless planks out there. The two sells just gone through - one has lost over £500 in HALF an hour and the other somewhat less poor at £140. Seriously??

Oh that makes me look really clever doesn't it?! @ 4p. So you think that big 3m trade was a worked buy?

Not a bad day is it? ;)

Interesting. You were looking for 2p a week or two back? ;) Thats quite a big wager by your normal amounts. What is it thats made you buy back in? Todays announcement?

Desperately trying to control this. No stock. Hiding such a big buy and not moving the Ask up despite the huge premium paid. They'll have to let it go again soon and see a bit of price discovery.

500k delayed BUY in this stock is LARGE given the illiquidity and they had to pay a BIG premium - 1.88p. Represents half a percent of the share capital in one trade. Someone has clearly recognised the value here. Looks to me like 2p is not far off.

I've just PM'ed Timeless. Thanks.

Here we go again?

Docmonkeyman - I've PM'ed you

And you know there's always a big huggy welcome for you too :)

At a premium to the quoted Ask making it quite obvious that MM's have no stock here. Paul Johnsons growing stake here no doubt is a factor. Perhaps he is buying again. One couldn't blame him. I've find my research here and took my position a long time ago.

Cheers. I have got a Twitter account but don't tend to use it much. Perhaps I should become more active on it. What do I have to plug in?

You can only buy in small parcels and for a premium. MM's have no stock so price has to go UP.

Bid is also way above quoted @ 1.4352p MM's clearly very short of stock here. Had our pullback yesterday but chart shows higher lows and higher highs developing. Won't take much for this to move further north.

@ 1.55p

We are waiting for drilling results from our partner GMSI on their Highly prospective Gold deposit at Jonnagiri. Jonnagiri has a strikingly similar formation and structure as the famous Yilgarn Craton Gold area in WAustralia. The Archaean Greenstone is synonymous with major Gold deposits.