Member Info for EnricoPallazzo

I wasn't aware of the lock-in clause. Is the sudden rise due to the update expected tomorrow?

It looks like they are being sold into the rise.

One pound is unlikely. I'd go for three quid.
Perhaps a bit of a pullback is expected after two excellent days?

Are they drilling earlier than initially planned? From the April RNS, the expectation was the second half of the year. Has it been brought forward? If so, it's excellent news!

I wonder to what extent Artemis is riding on GGP's back and to what extent the rise reflects its own potential. I hear that they're also into palladium (teamed up with EEE for that purpose) in Pilbara: is palladium likely to follow a similar pattern to gold?

I don't think it will move to the main market.

Share4,

As I said earlier: I got spiked in the past following the advice of a similar crew of 'long term holders'. That's all. I have no hidden agenda, just wanted to warn newcomers.

Those who, like you, bough a while ago and are sitting on a tidy profit can be relaxed but I think it's unfair to lure new investors with tall tales about the brilliant future. The company's cap has gone up seven-fold in the last two months and reached almost 100m pounds. It's unsustainable, given that no income will be generated for several years. Yes, there's enough hype to make it bounce around but do you really believe the SP will double, making it a 200m pounds company? I don't think so.
However, I don't want to teach or preach. I've made my point and I'll leave you alone.
Cheers
EP

Did I say boring?

OK, 5% per day on average. :-) Perhaps it will do just 1% tomorrow.

Ah, if I'd made 62k, I'd be taking a short holiday away from the stock market. Pro.88 would be better off sticking all that money into a safe share (if there is such a thing at the moment), one that grows slowly but steadily.

Share4,

No attempt to normalise, just a warning. If you're lucky enough to be in at 2p, then that's great but those buying today at 16p are likely to see losses for a long time. I hope I'm totally wrong.

OK, YouBigDosser, that may well be the case.
I didn't mean to get personal; apologies for that. I'm just annoyed by rampers who convince people to buy at an inflated price.

Or those who got sucked in by the same pump&dump crew before and are trying to warn others?

You keep talking about the long-term targets but you've already sold all your VLS shares and you're trying to fool inexperienced PIs into buying a share that has already gone up 600% with nothing to back it up.

Beware of rampers: they sell on the way up and keep posting bullish (and bull**it) messages. Don't get sucked in!

The nice thing here is that the share is not subject to P&D simply because it looks too boring to day traders. So, ramping would be useless anyway: no-one would read those messages. But I'm happy with the 'paltry' 5% increase in the share price every day. Long may it continue!

P&D
Is this company really worth almost 100m quid?

Sheltie,

I agree but I'm more bullish: the share price should reach £2.50 well before the end of the year, most probably in late July after the mid-July trading update. I reckon £3 by the end of the year, and a possible approach by a larger company next year.

For those of you who don't necessarily seek excitement (which CTEA provides in large quantities) but are interested in a tech share that grows steadily at a boring pace of ~5% per day, have a peek at BGO. They do have contracts in place, growing income and directors' buys to show it's going places.

They made a sound investment decision a while ago and have now recouped their money, leaving a few million in the game.
I would be worried if Starvest started dumping the shares but Primorus can be ignored.