The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Mr Goozee is relaxed & optimistic.
Today - 2 tweets.
Twitter: "I’m happy to wait it out #prem multi billion dollar potential here imho. Lithium. REE. Gold. I didn’t buy a 7% stake for fun. I paid my money I’ll take my chances."
Wow! This really could go ballistic #prem jv’s EPO. Good luck to all long term holders
Good to see PREM and VAST both up at 11.5% - my two biggest holdings.
To any fellow shareholders in TSTR, this will be a bonus, after our 65% drop there.
Good news in tandem for PREM/VAST would transform/ameliorate quite a few lo\ives.
Some concerted buying....multiple trades of 2988, then 4988 then 6988.
Someone inn the know, or a leak? Who cares? As long as momentum continues....
Now it has a delayed 'death spiral’ funding - a highly subjective and pejorative term - funding necessary in the circumstances
Agreement with ZCDC on a diamond concession 'long overdue' - maybe 6-8 weeks, depending on your base of calculations.
The promise of Baita production by Dec 2019 missed - by several weeks / a few months.
Does Brian Basham have an axe to grind by any chance? He left, more or less, at the same time as Roy Pitchford and the company has been significantly more focused since then etc.
The phrase 'stonking short' by Winnifrith says it all.
I wouldn't call one sell of £6k and a few sells in the hundreds 'chunky'.
This share moves quite substantively on small numbers of trades (or the MMs manipulate them that way).
Pilgrim 1 - slightly 'robust' language, but you have hot the nail on the head, big time.
As a small time holder (£6k), I monitor the boards if I see sizeable percentage swings either way. Also, I might check up on a few posters (CF73 and now Mr Goozee). Otherwise, I check up in the afternoon and at the end of the day, depending on the share movement.
I've been scalped by the recent 58% decrease in TSTR, but anyone with any sense will have a portfolio made up of a range of OEICs and will then have a more speculative segment - and there's nothing more speculative than PREM.
This board may be infantile - at times - but it is nothing compared with the sheer vitriole, spite and inanities that you get on the scarcely monitored Clem Chambers' shameful ADVFN discussion boards.
I have sent a tweet to Mr Goozee with my suggestion that he verifies the post on here with a brief tweet. I have attached a screenshot of the 'Jamgoo' post.
I think this should suffice. I'm sure the gentleman doesn't want to be pestered by hordes of PI's questioning the authenticity of the post here. I also hope he won't be bombarded with legions of other questions, however intelligent or, indeed, asinine, they may be.
We should be appreciative of the fact that he has posted what he has posted and leave it at that. (Even if the post is not genuine, he has still posted and retweeted other information which gives us sufficient insight into his motives/rationale for investing in the way he has done.
Mr Goozee,
Thanks for that - informative and reassuring at the same time.
This may seem overly cautious, but given the nature of bulletin boards and their sometimes conspiratorial and trolling tendencies, it might be a good idea to write one brief line on your Twitter account stating that you confirm that you have set out your investment aims on LSE using the moniker 'Jamgoo' on Jan 5. This would confound, allay and reassure at the same time.
Once again, if genuine, LTH's here and serious PI investors [including this one residing in the Kurdish region of Iraq!] will be appreciative of the time taken and the effort made to share the rationale for your substantial investment in PREM.
Mr Goozee still adding as of January 3 (Twitter).
"I’m still adding to my #Prem holding think we have an enormous year ahead with 6 or 7 major events possibly to land early this year. EPO. ZULU.RHA. Circum. MNH. Katete. Gold looking good. Lithium and APT prices to climb imho"
Heading towards 10%. Who is this gentleman?
Just well-informed and done his research? Contacts? Or just a wealthy geezer with the financial means o back up his instincts/research/'cojones'?
Sorry for off topic (but it is the weekend).
Commiserations to any fellow Tri-star (TSTR) antimony in Oman holders. 58% crash this week and the stated need for $160m to get antimony up to full production. All the more need for PREM (and VAST) to get themselves sorted.
Is Mr Goozee the same Goozee listed on LinkedIn as from Velocity FX Trading?
Alternatively, sounds South African, so maybe he would have some knowledge given possible physical proximity to sources.
In the end, for small PI's, largely immaterial. Evidently well-researched or with big cojones. Quite a few people will be riding on his coattails....
So two large buys today totalling £33k and we're down 1.96%, yet last week a couple of buys of a few thousand pushed it up 3-4%?
.001249 623710 £779 Modest top up will appear to take my modest holding up to £4k.
Seems like ducks are being put into a line,