Member Info for EyeGuy

To get the contracts in does take a bit of time. 3-4 months but when they are in then we should be getting year on year increases with little execution risks. Happy to hold and see with this one. May not get to 2p on this RNS but when new contracts come in then it's going up i would say

4% margin that £185 k profit roughly for what I would consider to be a quiet month. Not bad when you consider that most companies at this price don't make any profit. Assuming 4% margin.

all. surely news soon. all my other shares have woken up. its time for wsbn now

I'm out for the day so have limited phone signal. What's going on?

nice buys in

we can deduce from that Chile and Colombia should be added now and should be shipping 100kg gold per week with more contracts under negotiation. IMO now is the time to load up and not panic. All IMO dyor

Trading Update Black Sand FZE has now signed supply agreements with companies in Peru, Ghana, Chile and Colombia. It normally takes around three to four months to integrate a company into the supply chain because gold trading is a highly regulated business and in the Wishbone group we are insistent that the entire supply chain complies with OECD guidelines on precious metals trading. Currently we are shipping gold from Ghana and Peru. We are on track to meet our year end target of shipping 100 kilos per week. In addition the Company has contracts under negotiation for further suppliers in the above and other countries.

you could be right about dropping with no news, but this is more to do with the odd share holder getting bored than anything sinister. I would prefer RP to release the news when its time to do so rather than please the masses with pointless updates

many believe the best co.s are not the ones that release pointless news every 5 mins. I think personally we are in safe hands here. T. Winn had this as one of his tips for the year and even though TW is marmite, he has calculated what the SP should be.

if you invest here you are not going to get RP tweeting every 2 minutes. He will get out the RNS when he is good and ready. I have exchanged several e-mails with him in the past and he always has replied, is very polite and is appreciative of the support. He owns a lot of shares- circa 35% and has shares for his child/children. His interests are aligned with ours. I have full faith we will be rewarded here.

Stock tightly held so will move either way quickly. Will have rummage on monday

might have a rummage for more stock

Good post mumles. I think after this update there really will be little operational risk and to a certain extent as the profits are a margin on gold , it won't go bust say if gold goes under $1000/oz Thinking maybe news today

Don't forget that the blacksands fze website when up and running will allow gold trading - as far as I know by anyone that wants to. So again if they can get the contracts for more gold over time we could be looking at a large % rise in profits and therefore sp year on year. This is one to keep and IMO a safer bet for aim

Disappointing today at the end. I think some larger holders offloaded during the rise which no one could foresee. YR- take a look at NCCL mate. I'm scaling in there and that's for keeps. I won't trade it or try to trade it. Sorry for o/t

kongking-looks about right. They can trade their way up as the more money they make the more they can make providing they have the contracts in place. RP seems confident about getting more contracts and there is no tax through Dubai.

from rns: This is all priced in IMO and goes to the original owners of Blacksand FZE. The terms of the acquisition are an initial payment of 240,000,000 ordinary shares of 0.1p each in the Company ("Ordinary Shares") with a further payment of an additional 240,000,000 Ordinary Shares once the annual profit after tax of the PMI Group exceeds $1m. This values the initial consideration for the PMI Group at £648,000, based on the Company's closing mid-market share price on 3 February 2016 of 0.27p per share.

that is correct and it hasn't happened yet- I presume the next update will fill us in.

YR- it is but am happy to spread my risk. I think the stocks I'm in all have a good chance of going up a lot- hence I hold. I do have some more boring FTSE stocks too- and they are the better choice if you don't want to keep checking every 5 minutes. Or in the case of BT - maybe you should be checking lol.

I'm in that one too. hold over 40 stocks currently. hard to juggle it all tbh