RE: Armada Exploration17 Jun 2021 11:11
Hi, worth reading others feedback today on this site, which reassures all of us that SP. will adjust to what it should be after some more very positive updates. Basically we are the mercy of market manipulators and this share is no exception. Looking across my p/f, the common denominator is manipulation occurs on the stocks which have a high market profile and has been recommended as a buy = none more so than MTR. as others have pointed out, commodities beat inflation and MTR are not a one trick pony, they have fingers in many pies to mitigate risk of a low return. They are well established and maybe it’s worth looking back at SP behaviour, where we hit 30+ off the back of Simon Thompson investors chronicle promoting a target of 35 “at least”. I have no doubt we will reach 35 again, but as we are clearly being played by those who are in control of the market, we should be patient. Also worth comparing to other commodities as to how they are performing. RBW has struggled for months following a disagreement abroad and plummeted from 20 to 13 = up today off the back of a positive RNS, but again, deserves being around 20 today and very capable of getting close to 30. BMN is pretty much bespoke vanadium. Vanadium prices have rocketed but yet again, no re-rate for BMN, coincidentally up today, but way short of where it should be. PXC fell by 3 yesterday and recovering today, but guess what, it has fallen in the last few months =an outstanding company. I am currently at a loss for PXC but as with all my commodities holdings, am convinced they will deliver. Berenberg, Miton, Hargreaves Lansdowne, Cannacord and other big players all own a mix of the aforementioned shares in their respective funds. Worth remembering that these 4 alone are deemed to be experts for long term hold stocks, so my money is with them. Would welcome your feedback on my summary and from others, but I firmly believe TGR and all above stocks will come good. Good luck to all.