Member Info for GlenFidrich

https://www.msn.com/en-gb/money/other/want-a-flow-of-profits-try-metals-driving-green-revolution/ar-BB1eyyTH?li=AAwnS0s
Yet more evidence, if any were needed, of the appeal of, and investment rationale for, copper. GLA.

Kovno, I guess I was referring to your comment "but please don't share any information that I don't like", as if I was against people posting anything negative. Far from it, and increasingly I, too, find the rampers equally unbelievable. It's just, if you care to look back, Fadec's recent posting history is so negative. We get it. He doesn't like Sareum's prospects. We're all deluding ourselves. Other companies are way ahead. Why bang on about it unless there is some hidden agenda, is all I'm saying?

Kovno, I knew some moron would post a comment like yours. I don't have a problem with people posting contrarian views (as I have said in the past). I just don't understand why people waste their time belittling and ridiculing something just for the sheer hell of it. If you don't like something, vote with your feet. Leave, move on, leave the ignorant to their misguided beliefs! It's akin to people who "dislike" videos on YouTube. Thumbs down; you hate it! I get it. But, why bother? Why bother to waste your time disliking something - and patronizing me by telling me how deluded I am - unless you're shorting the stock and have your own agenda?

Casper, hence the bitterness (if that's the case).

belhus, I couldn't agree more. Fadec is a snake. There was a time when he was bullish on Sareum, but something changed (he probably achieved his exit point), and he suddenly started posting negative comments. Most on here were, "Oh, thank you Fadec. You're so knowledgeable"! But I smelled a rat (or perhaps a rat snake, so as not to mix my metaphors). He started quoting a price around 1.35p as being fair value (which has never materialized, I might add, hence his continued negativity). I also resent his posts, which include idiotic punctuation(!) and require a degree in linguistics to decipher. Just look back on his posting history. He has an agenda, is clearly a trader, and I wonder if, at present, he actually has a position in Sareum (unless, perhaps, to short the stock). I know I will get shot down for saying this (and, frankly, I couldn't care less) but Fadec's continual debunking betrays his ulterior motive. Just to be clear, I'm still a holder and a believer, although I have had my doubts in the past. But I've been here long enough to recognize BS when I smell it, both from the derampers and rampers. Rant over, and apologies in advance if I'm offending anyone!

Close, but no. Cancer, actually, so I should be used to sideways movements by now! Sorry to vent my frustration, but Sierra's lack of urgency beggars belief, and if our TYK2s were so cutting edge, why the silence? I'm a holder, but in the last year fomo has cost me a great deal (despite SAR's rise) e.g. NCYT and ARB, to name a couple. Just didn't have the funds at the time and selling SAR felt like a betrayal. Hopefully my/our loyalty will be rewarded eventually.

Is anyone else sick and tired of people posting comments like "this will be high on Sierra's agenda" (when it's clear Sierra have zero interest in SRA737)? Or equally nauseating, "we're in a closed period", alluding to the fact/chance the BOD are unable to buy shares because of some fictitious NDA? I'm sorry, but it would appear no one is interested in any of Sareum's molecules, hence why we are still "in the shop window". Witness the following RNSs : 1st Feb 2021 7:00 am RNS Sareum to Present at the LSX World Congress 2021; 26th Jan 2021 7:00 am RNS Sareum to Participate in the Edison Open House. If we were indeed "hot, hot, hot!!!", why would we be flogging our wares like some snake oil salesmen at conference after conference? There is no interest, there is no NDA, there is no 28p per share. I'm sorry to be the bearer of bad news, but this has "also ran" written all over it. BUT.... Before you all cry foul, I need to remind you of one small fact. The last time I was driven to such depths of despair (and sold my entire holding), the SP went up 50% the very next day! Hold firm, and GLA!

So, it would appear from this site's reporting of trades that there has not been one purchase of shares since 05-Mar-21 at 11:03. This is highly misleading and should not be a red flag to any would-be investors. I know in the grand scheme of things it's of little consequence, but it does paint a slightly alarming picture when one sees a sea of red like we have here. However, I think all of yesterday's trades, bar 3, were buys. Certainly mine was reported as "unknown" at 6.75p, when I can assure you it was a buy, and throughout Monday (when I finally managed to obtain a quote) I could have bought at around 6.82p (and even 6.775p at one point). All I'm saying is don't be put off by the apparent number of sells. LSE seems incapable of reporting buys and sells accurately for some reason, thereby managing to distort the real story here. GLA.

So, is the only conclusion one can draw that the MMs need shares, hence also the widening of the spread? Hello? Is there anybody out there? Have I ceased to exist?

Have been trying to buy all day, but keeps going NT (lowest ask 7p). Using ii. Anyone else having difficulty buying?

joethumb42, you are not alone. But, first and foremost, you need to decide if you're a trader or an investor. If you're a trader, I can see this trading within a 10 - 15% range (which translates to between 0.30p - 0.345p) for a while, until the overhang is absorbed. With the number of shares in issue, this could be a long wait, but possibly a good trade. If, on the other hand, you're an investor, watching the daily movement of the sp is pointless, and probably not good for your blood pressure. If you're convinced that copper will perform well in the context of "the green new deal", sit tight and wait. If you clocked the fact that the last placing was three times oversubscribed, surely that tells you something? If you believe the current management team have the experience and knowledge to turn this around, give them a chance. The day traders will make their living. But it's the patient traders who will reap the stellar gains. AIMHO, DYOR.

Let's hope I'm not 'Knocking' on Heaven's Door' by the time Sareum comes good!

Sorry, toptuf, didn't mean to offend. When you talked about doing "cartwheels around the lounge", I imagined you to be somewhat younger than perhaps you are. I suppose my point is I'm a little fed up with the idea that ones investment strategy is to buy on Monday morning and sell on Monday afternoon. I'm old school, maybe like yourself. I do my due diligence and tend to buy and hold for the long term. That is where the real gains are made. If it takes 5 years, or more, no problem, and I don't bother with the day-to-day gyrations. I'm in at .31 (just after the placing) but will I sell if it goes lower? No, because my research suggests this will turn around. But patience is the key. So, do I feel sorry for those who bought in higher than the current sp? Not really, because I'm confident that they will make a good return in time - maybe not tomorrow, next week, or next month, but in good time. Just hold and don't be spooked by the day to day shenanigans would be my advice, fwiw.

Agreed. From the high of $58k I was anticipating roughly a 25% drop and then things to remain range bound for a while before the next leg up. That should see support at around $43,500, with $50k still the resistance, at least for the next few weeks. Could prove to be a tasty rinse and repeat type of trade i.e. buy around 44/45 and sell around 49/50, repeat, until whatever news drops which proves to be the catalyst to drive the price higher (e.g. Amazon to accept payment in Bitcoin, GM follows Tesla in investing in Bitcoin, etc.). As the USD is devalued to oblivion, digital gold will protect your purchasing power, of that I'm sure.

I meant "elcap". Wretched predictive text.

Escape, better the devil you know.

So, for anyone who hasn't seen this, the link below is for an interview with Jim Millen from 2018:
https://www.youtube.com/watch?v=R-V0cD7-4JY
I recently re-watched this and was reminded what an impressive CEO we have leading Physiomics. Often, it's as much about the team at the top as it is about what the company does (which is equally as impressive and exciting, imo).

https://www.bloomberg.com/news/articles/2021-02-18/barrick-focuses-on-own-copper-assets-as-rally-makes-deals-pricey
Apologies if this article has been posted before, but one wonders if RMM would be an attractive acquisition for the likes of Barrick Gold. "For now, Toronto-based Barrick is focused on boosting its exposure to copper by developing its own assets. The company sees copper as a 'strategic' commodity underpinned by electrification and one that’s compatible with gold from a production perspective", he (Mark Bristow, President and CEO of Barrick Gold) said. “I was very outspoken on the opportunity the copper industry offered back just two years ago,” Bristow said. “If we had managed to pull one of those opportunities off it would have been fantastic for us looking back.” It might explain the huge volumes we've been seeing recently. Just thinking out loud...

Warty, you have every right to express your opinion, contrarian or not, and I suspect there are quite a few amongst us also frustrated by the lack of news. But a couple of things spring to mind. First of all, if you're up on your investment, why not de-risk by locking in your profit and allowing your remaining shares to play out, free of any real stress or worry? It's amazing how liberating it can be. Secondly, where's the volume today? Like I always say, follow the money. But in the grand scheme of things, today's few million sells is hardly a catalyst for doom and gloom. Volume is the real tell with Sareum, and until I see a stampede for the exit, I will remain optimistic.

Every financial analyst I have been reading has been predicting a $10,000 to $15,000 correction in the price of Bitcoin, but seeing it as a positive - an opportunity to consolidate the price and then to push up higher. The Bitcoin price action was, if we're honest, feeling a little frothy/overbought. So now the correction. ARB, as we all know, tends to react to Bitcoin's price gyrations, but we also know that ARB is more than a BTC miner. So, in short, let's embrace this pullback, see it as a necessary evil, and look forward to the future with renewed optimism.