Member Info for Fantasticdave

Apologies for this if it's a daft question, but does that RNS mean shares will be available for 6p on the 17th of december?

That RNS that has just been posted.

"Galileo Resources plc ("Galileo "or the "Company") confirms that it has issued a total of 1,000,000 fully paid ordinary shares in the Company (the "New Ordinary Shares") at a price of 0.6p per share pursuant to the exercise of warrants in terms of the Placing Agreement dated 17 October 2019 (RNS announced 18 October 2019). Application will be made for admission of the New Ordinary Shares to trading on AIM ("Admission"), with Admission expected to occur on around 21 December 2020."

I am new to this over the last few months, does this mean that around 21 December shares will be available to buy at 0.6? If so, can you just buy them normally through a broker?

Jarrovian - as in from Jarrow?

The no deal scenario caused most stocks to fall by up to 5% on wednesday or thursday.

For something like this, that isn't that significant given those invested are here for multiple bags they expect when trading restarts and the worries diminish

Is there any reason why some people talk about goals of 2-3p when so many of these stocks have hit 20p lately

Is it just de-risking or is this fundamentally different from others that have gone on to be huge?

Patients is always they key. That are don't put everything in one basket.

With sub penny aim stocks the risk his higher, but rewards can are life changing. Smaller investments in multiple aim stocks is more likely to reap rewards than everything on one or two and impatient that leads to

Syme doesn’t care about Brexit. But investors do and investors are dumb and react in packs

This is currently with.55 of a Penny. That should never be too late to get in. If it goes to 10p that’s an almost 20 fold increase. 20p x40. 50p x100. £1 x200. 2k in this now could buy you a house in few years

You’ve lost your short. People aren’t daft

At .35 everyone would have been a bit worried and it would have taken considerable balls and belief to top up then. These last couple of weeks have been great.

Strange how those little on screen numbers could seriously affect all our lives

@Batterseafish that is what I have quickly learned in my short time trading

Periods where I traded often, I lost money. Times when I left everything where it is, I made it back.

Early on I bought on a spikes, it fell back, I sold and then a few weeks or months later you see that the share gone past where I originally bought and rocketed. I did this for a period, lost money, then learned to have patience.

I bought into Panthera Resources at 11, it fell back to 8. In the past I would have sold. A few weeks down the line it has jumped up to 30. I am in UFO at a 30% loss, but I am sure at some point that is going to do well.

This might drop back to 20 or even lower, but it could easily go up 600% or more. At .3 of a penny if it took off and made it to 10p even in a few years, you could make a serious amount of money.

I doubled my investment in this stock today.

Anyone else not got their shares yet?

10% up!!

Not sure why there has been a 10% drop on that news

@TheThruth - same here

I am was knew to investing around 4 months ago. I made mistakes early on and think I have learned quickly by being in a lot of different shares with relatively small holdings. First thing I learned is that it's rare that buying on a spike will on good news, will work. The learned to never sell of a big drop or placing as it will always rebound at least some of the loss. Finally, if you think something will come could, leave your money where it is.

I was in UFO and Chariot and small drops made me pull my money out and invest in a Panthera. Panthera then drop significantly and UFO and Chariot tripled. I left my money in Panthera and sure enough two months later it is back above my purchase price

People lose money through impatience and thinking they know when a rise is coming in the short term. Time not timing and maybe spread your investments and leave them in. BZT could explode, but in the meantime, any of the sub penny miners could. You could lose half your investment in any, but you could make many many times more in any of them aswel

40,000,000 shares would be about 150k

There was no voter fraud. Stop betting ridiculous and grow up

You believe in an idiot con man. Stop it and seek help

I am in OMI and UFO too

I think both will come good. UFO and BZT have a lot of potential. Either one of them does what a few other miners have done lately and we would all do well.

Yes..

I work on them and have been involved with creating software that cuts testing time

There's nothing in them to worry anyone. It simply tells your body what to look out for and how to react

Massive drop of 10% right at the end of the day