Member Info for EyeGuy

Yes. It's looking very good for gold. Seriously considering chucking much more in. I can't see this at sub 1p for long

The drill results are good. You expect to find a commercial find on one drill? Get real. Risk reward for me is fine and don't even hold that many.

Umm. £2m for a non producing stock. How many "producers" are there at £2 million? Umm. None. That's still cheap for an explorer with the drill paid. Results are pretty good. They've hit something with the first 2 drills. If next results are good it will probably fly. If they are not then it may go down.

Key points here though . 1. Mcap is v low 2. Drilling has already been done and paid for 3. 2 drills show promising results of a new gold system as per RNS 4. Next 2 drill results due anytime in next few weeks. 5. Not much priced in. Would suggest if the next drill results are good could well double your money plus here in a short time.

Gold hit. Pathetic mcap. 2 drill results due within weeks. If they hit something then its multibagging.

The first two holes have encountered what is believed to be a new gold system in a Green Bed environment contained within quartz calcite veins, shears and an altered unit.� This type of geology is known to host very large deposits in other parts of the world.

I have a small amount of these anyway and IMO definitely worth a punt after todays RNS. You are not going to hit commerciality after 1 drill. But other drill results are due within weeks and the mcap is �1.5 mill.

I agree. Think we are in safe hands here and I have no intention of selling for a while yet. Over 80% of shares tightly held by directors and solent so us pi's have to battle for the remaining 18%.

Makeaprofit- TBH I didn't need reassurance. I mentioned in my e-mail that some needed clarification of the RNS meaning and that's what he replied. It is pretty clear what will happen. The vote will go through. I have provided a reason for the wish to change the max shares from 1 to 3 billion. IE the profits of blacksands. Some may say they think a big placing will come for some other reason. But if that's the case- why have they just raised $3 mill in debt, and what else do they need money for? Nothing I can think of. Will be adding

"You are correct of course: the fact that a company has an authorized capital of a certain size does not mean it is going to issue all the shares" Trading update in due course as it says in the accounts.

I've asked for one. Ideally, there should be one released pre EGM describing more details of the share capital increase. That is linked IMO directly to the profits of blacksand - what I posted over the weekend. However, whatever is pi's vote will make no difference to the result as Solent and RP own circa 2/3 of the capital and they wouldn't vote it down. The RNS on Friday IMO was the strongest buy signal yet. IMO they are telling us we are almost at $1 mill gross profit through a technicality of their constitution. All IMO

great RNS! http://www.investegate.co.uk/tekcapital-plc/rns/acquisition-of-salt-reduction-technology-patent/201606061144593118A/

Thanks Bonker. Much appreciated

as we have confirmation of profitability then we are off. The recent £800k contracts this month should IMO see us there but DYOR

one I will be adding to. this is a sit and wait, a bit like how CRAW started out

Hi Ejackson. A quick scan through the balance sheet, and it may appear that these last 2 contracts could well push PIP into profitability for the first time, which would mean that this stock is very undervalued. If they get a few more contracts appear then this could easily multibag from here. Its just that no one seems to know about it. Best to get in early. Funds dependent I will be buying more at this level. Could easily see 10p plus any time

is everyone. The presentation from 6 months ago said that they have a good chance of getting £12 million worth of contracts. Some were delayed hence the retrace.If these past 3 are just the start then I expect a serious re rate could be on. Watch this space

RNS OUT. TAKEOVER??

Blue day again. Missed by the market. Stuck a grand in and surely this should be 10p based on £800k contracts. Looking at the balance sheet that probably should give pip profitability ie they have turned the corner

2 contracts in a week worth 50% of the mcap of the company. madness.