Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Anyone not willing to risk losing most of their money should get out of this share. The problem with it is, is the people behind it. This share is run solely for the benefit of Darren Kell. It does not surprise me that they attracted investigation...With oil prices set to rise expect this one to rise too and you'll read a lot of hype about Tanfield...but be rest assured, this company is run for the benefit of Mr.Kell, very very risky!
One other explanation, the conspiracy one, ha ha, is that there could be big investors in the know, working in tandem to hit certain share sectors, possibly shorting them, while also, beforehand if they were holders selling them and investing that cash in shares in other sectors they previously brought down by buying at cheap prices, ready to profit on the gains. There's definitely some type of organized collusion happening on certain shares, with no what I'd call real explanation for sudden drops..........Share traders are doing everything at any cost it seems............GL for now.........
This has taken a real bashing, hope you're not out too much if you bought in! Sentiment on the SP may be down to investors viewing a decline in the wealth of the potential rich buyers, miners taking big hits generally and GEMD's more prestigous investors (which they have/had) taking their cash out to pump into the banks, with the intention of buying back in here on good lower prices. I feel this will recover, as people with hard cash may hedge some of that cash into diamonds, especially cut diamonds, which they do also. One thing I cannot understand is that when I posted here about this company, the diamond price was predicted to go up (it did) and this SP seemed to have hit what I thought was a good low buy in price, having fallen for a while before that. That's my rough n' ready explanation, I'll try find out more in next few days..........always good to talk with you as usual, I reckon you made a killing on the banks, eh???
Amazing how the market sentiment changes every few weeks/months, yesterday it was oil/gold panic now it's panic that the oil price low is hammering certain shares, totally agree that fundamentals are being totally ignored in some sectors and certain shares. For the vast majority of gold miners, low oil means far lower production costs it's one of the underlying reasons why the gold price follows the oil price...With hedging here in UGY, low oil is saving money.........my call is the oil price won't stay low for long, a cold winter in the USA and because people will start driving more because of the low oil prices and that OPEC will cut production will see oil rise again soon IMO. OPEC also do not seem to be in real agreement about the current oil price, certain members are not happy and I believe we'll see Saudi Arabia reverse their stance on production soon.
Some info from Data Explorers on some of the companies whose shares have been borrowed for shorting are posted here: http://www.investigate.co.uk/article.aspx?=26393 don't know if this one is on the list, haven't looked..............
...trading now.............
Not one trade on the back of what looks like a very positive RNS for a small acorn of a company. No one gets in with a tier 1 operator in this business unless their technology is tier 1 too! One for the future definitely..........if this RNS was announced last year share buyers would be beating a path to their door with machetes........Will research a bit more before buying in here first is my next action...............
Looks good, but I'd expect a new share issue just on the face of their market cap or what say you?
I know UGY are also traded on the TSX, but surely trading there couldn't have been the cause of this drop, definitely think it's the market makers and shakers.....................
OK Miners had a bad day today, but to think that just over 16K of shares or just over £9k sold dropped this by 8.6% is really taking the ****. Are brokers and MM's so desperate for cash and trading that they are selling our souls as well? It's a joke that a £9K trade can wipe millions off the capitalization of a company like this. Maybe if I buy £18K's worth it will go up by 17.2%!!!!!
Have seen the RNS, too bad!
Up 7.5% only 2 hours ago, now down 22%!!!
Sell!
I bet this rises by more than 15% very soon...........
This may be good as you say, the price is for longer term gains and looks low and at a great buy in point but the spread is big and the share needs to rise a good bit to be back in profit, but worth a look definitely based on your research below. Have a look at GEMD (Gem Diamonds) the SP is at a good buy in mark with a good spread and they do top notch diamonds but research it yourself............
I believe we could see the shares below rise even sooner than expected as the bulls are coming back into the markets very soon IMO!
This is now one of my top share picks to buy at low prices, all for medium to slightly long term gain. The only problem facing this SP is the 70% hedging which won't help the share climb strongly if gold goes much over $800/Oz. The other shares are: IVE (Irvine Energy) at buy in of sub 2.5p; AIMR (Aim Resources) at 1.5p or even lower (no rush to buy, definitely long term); GEMD (Gem Diamonds) at £8.75; AKT (Ark Therapeutics) which has already risen into the 60p area from the 50p's so more of a punt at this price but could quadruple easily; BLNX (BlinkX) if you can get it for 20p or sub that and finally SER (Sefton Resources) if you can buy at around 5.5p are.........Now it's just a matter of buying these, holding on and playing them and milking the rises!
This is a share to possibly get into now, it may go a tad further down but it's possibly reached the bottom also. There is stake building happening here and the company are going into cutting and polishing their own diamonds and they are getting good prices for their wares in Russia and China and the emerging rich in those economies..........A company on the move but research it first!
Simon or Evil..........definitely think this is heading upwards for good now..........bye bye 65p IMO!
Think you're on to something here and if Simon's in here as well that's a good endorsement............long as he doesn't short it! As you probably know he shorted a company he was a Director of once right down to zilcho SP.............