The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
At the end of the day a deal is coming or it's not. If a deal happens all shareholders will make money. If a deal does not come it means that the offer was less than the company valued the assets.
All of the evidence people need to make their mind up are in the RNS's. If people are making their minds up with what is written on these and any other boards then take some advice and don't invest in AIM stocks, you will end up loosing money.
I for one have been invested in this before the Citic RNS, so I was here before the herd. Why did I invest when the share was half a penny? I did my research and came to the conclusion that the precious metals were becoming more valuable and EUA were the last company not yet gobbled up by a major. I bought shares and waited and waited and waited, and then the Citic RNS came along.
If the company do not sell then people will have to wait longer for the payday. The metals are their waiting to be dug up, they are not going anywhere.
To me all the evidence suggests that some kind of deal is being thrashed out. The FSP has been going on for too long for there not to be a lot of interest. You don't bring in a company like D L Piper if there is not a lot of interest.
Read the RNS's and come to your own conclusion.
Most of all you need patience and lots of it.
Nothing will ever change on this board or most boards. You have the new people popping up trying to save us all from loosing money. How nice of them, or are their motives for trying to get you to sell for their own benefit. People sell, the price goes down and they can buy in cheaper. Maybe they have shorts on. Maybe, after all they are all lovely human beings trying to save us all money. If people had listened to these lovely people they would have lost a lot of money in the last 12 months.
The latest RNS in my view is very positive and I am looking forward to the next one. So I won't be selling anytime soon.
I remember those days well. The market just didn't cotton on. Great for us LTH being able to load up though.
My prediction for Monday, people will be buying and people will be selling. The sellers might regret it though when Scally news drops. Who the hell knows what will happen on Monday. It's nice to see the share rise but I have seen the share drop and remain stagnant so many times now that I am immune to it. I will not be selling a thing until this runs its course. It's a share that in 2 to 3 years will make me and mine a very happy man.
The way some people are reacting on the boards you would think Gervaise was taking all the Gold with him. I am not worried though, his pockets are no where big enough to take all those nuggets.
I think the for sale sign is going up.
Looks like we are seeing the usual transfer of wealth. The bedwetters selling so the big boys can have their shares. Some people just don't learn.
Did all the people sitting on fantastic profits here sell when there was a dip in the share price, of course not. They knew the market and rode it out.
What is this board becoming if a question like Claire's is deleted, and the whole thread too (not a disruptive question in my view either). I am all for some obvious threads being deleted that state incorrect facts etc.
like some others, I took the time to respond but why did I bother. In future, I probably won't take the time.
I just thought something, when will I be getting deleted for having the wrong thoughts?
I am in Flint N Wales.
I put this on the GGP board earlier. It obviously applies to EUA too.
speedymeadie
Posts: 1,842
Price: 32.00
No Opinion
POGToday 11:42
Hi All. The long awaited COT report for COMEX gold is out. The bullion banks are suffering to the tune of approx $35billion. 40tons of gold was taken for delivery, normally contracts are settled in $s. With the $200 price drop the banks only managed to cover a small amount of their shorts. The longs hold damaging positions if they take delivery on the next closing contract. I see the bullion banks going for a further short lived price drop in an attempt to close more shorts. This is clearly nearing the ending of the gold price suppression and is extremely bullish for the POG/S and GGP. ATB Speedy
ReplyRecommend (12)Report Post
fut1a
Posts: 159
Price: 32.00
No Opinion
RE: What a differenceToday 11:35
What a great journey this has been.
I started trading stocks in 2016. Basically, making mistakes buying when I shouldn't (chasing rainbows) and selling too early etc. I made money and I lost money but not a great deal of it.
In 2018 I decided to research some stocks and hold long term. I bought 4 stocks, GGP, EUA, and two others that have not yet started on their journey, (I hope). Due to learning a bit about the markets and knowing not to take any notice of the rampers and de-rampers. The people trying to get you to sell or buy for their own gain. I held on to my shares and my paper profits are life-changing.
My advice, take it or leave it. Do your own research and never listen to people on these boards. If I had not learned the hard way and listened to the charlatans, I would have sold these stocks, so someone else could gain. Yes, it can get scary when you have put money into a stock and it goes down, and your portfolio is in the red, but stocks go down as well as up. You just need to stick to your guns and believe in your research and ride it out.
Never put all your eggs into one basket. have at least 6 stocks in your portfolio. Yes, you might wish you had put all your money into one stock when it rises, but hindsight is great after the fact. Some good companies with great potential can fail mainly due to running out of cash, or bad management. I have 8 long term holds now and I still do some day to day trading, because I did not put all my eggs in one basket, I don't need the other 6 stocks to do well, it would be nice if they did, but I don't need them to.
Newcrest. GGP,s deal with them in my view is great for shareholders. Yes, they gave away a large percentage of the assets but they took away the risk too. If they had not, then it would take them years to get to where we are now and they would have needed to keep on raising money, probably by diluting the shares into oblivion. Gervaise and the rest of the team know exactly what they are doing.
In time the 32p share price will be a distant memory, you just need to sit on your hands.
What a great journey this has been.
I started trading stocks in 2016. Basically, making mistakes buying when I shouldn't (chasing rainbows) and selling too early etc. I made money and I lost money but not a great deal of it.
In 2018 I decided to research some stocks and hold long term. I bought 4 stocks, GGP, EUA, and two others that have not yet started on their journey, (I hope). Due to learning a bit about the markets and knowing not to take any notice of the rampers and de-rampers. The people trying to get you to sell or buy for their own gain. I held on to my shares and my paper profits are life-changing.
My advice, take it or leave it. Do your own research and never listen to people on these boards. If I had not learned the hard way and listened to the charlatans, I would have sold these stocks, so someone else could gain. Yes, it can get scary when you have put money into a stock and it goes down, and your portfolio is in the red, but stocks go down as well as up. You just need to stick to your guns and believe in your research and ride it out.
Never put all your eggs into one basket. have at least 6 stocks in your portfolio. Yes, you might wish you had put all your money into one stock when it rises, but hindsight is great after the fact. Some good companies with great potential can fail mainly due to running out of cash, or bad management. I have 8 long term holds now and I still do some day to day trading, because I did not put all my eggs in one basket, I don't need the other 6 stocks to do well, it would be nice if they did, but I don't need them to.
Newcrest. GGP,s deal with them in my view is great for shareholders. Yes, they gave away a large percentage of the assets but they took away the risk too. If they had not, then it would take them years to get to where we are now and they would have needed to keep on raising money, probably by diluting the shares into oblivion. Gervaise and the rest of the team know exactly what they are doing.
In time the 32p share price will be a distant memory, you just need to sit on your hands.
The best advice anyone can give you. Never invest more money than you can afford to lose. You need patience, all the long term holders here have made fantastic profits because of this.
This is what all the negative people want you to do if they were being honest.
Can you all please sell your shares? I want the share price to plummet so my mates and I can buy them all. Do you know how much caviar is these days and don't get me started on a bottle of Dom, I have had to stop bathing in it, I can only afford to soak my feet in it now, that's how bad it's getting.
EUA got UBS and DL Piper involved because they were short of players for the football team they want to set up. It had nothing to do with them being world-class in their fields, and they have waved all their fees because they hadn't had a good kick around for ages.
So get out quick. You surfs getting rich is just not on, you should know your place.
I would think that an announcement of some sort should come soon if the dispute with the GG is resolved. The GG will want any deal to be made public before any election.
Hopefully if it's good news then we have a buyer waiting in the wings so we can all ride off into the sunset. Or we have some sort of major share moving annoncement. Otherwise, as it was pointed out. We will be back to square one with the share price, especiall if Zaza wants to reduce the number of shares.
Whilst all these over a £1 sale price figures would be great, hell, they would make me a millionaire so I am not complaining. I think people should lower their expectations, and then anything over is a bonus.
For what it's worth, my prediction would be between 50p and 80p. Anything over and I would be delighted.
MM's really pulled a blinder yesterday. What the newer investors need to realise is that the LTH have been through all the lows too. Watching the share price languishing below our buy in price. Thinking the next excellent drill results would propel the share price only to be disappointed that the market seemed to overlook us yet again.
I once said on this board that if GGP found a gold nugget the size of Sydney the share price would remain the same. That was the frustration of the share price not moving.
Luckily those bleak days are behind us because the market has finally woken up to what we and Gervaise and his team knew all along. That this sleeping giant will awaken and surprise lots of people.
We stayed firm through all the disappointments and the MM games, because we knew this share was an excellent investment, it was just going to take a great deal of patience before others realised it too.
The writing has been on the wall for a while for where this share is going and it's a pity so few saw it initially. The nice part though is that the real journey has only just begun.
I have never sold a single share in this stock because I had faith in my research and I will never sell a single share until the journey is concluded, There are only two shares in my portfolio that I am confident enough to say that about.