Member Info for gluefactory

I managed to sell half my 1.2million share holding at an average of 3.4p - having posted last evening that I was dropping 600k shares it my preset 3p pricing leaving me with a 600k share holding at zero cost - (My average on initial purchase was 1.52p) So in reality I have a 2,4k profit coupled with free shares

My next step is to sell 300k at 5p and re evaluate the remaining shares if that is achieved

I dont fall in love with a share as its likely to bite you sooner or later

My total posts here since purchase are 3 - What I have to say will not push the sp either way - A lot of people on here seem to think rabbiting on will change the sp. I have a 1.2m holding here since 2 weeks back at 1.51p average - strategy is to sell half at 3p - if we hit that price and indications are that that should be achievable - letting the other 600k run its course but with a 2p cut off point of things do not happen the way I envisage

We appear to be out of the 1.45 - 1.50 spread so heres hoping next weeks activity is just as positive

Cash in the bank - orders to be filled and NICE to look forward to

Wonder how many companies are looking at GDR from a takeover perspective - So many patents and products that can be acquired for a song

Note they have all the new shares accounted for and GDR is now an 8million cap company

Seems to be value at this level and I have accumulated 1,2million shares at just under 1.5p average over the past week

Took a hit on these couple of years back so its payback time - the company have invested heavily in R&D and that has value as well as potential forward sales.

I am not a regular investor but GDR has been in my focus since Covid time

Are you some form of Idiot that has not come to terms with the realisation of what you are? - " Irish are drinkers and party animals but business/women I think not???????" Look at your own country idiot! Irish individuals are CEOs of many of British businesses - why? because Brits are incapable and the mass are Lager louts and an embarassment to themselves worldwide

Anyone notice that trade this morning?

1.14p was the offer.The NAV is 3p and even taking off one third as an investment company it should be 2p.However as BRMs assets are Dragon shares and cash a potential rival bid could be in the pipeline.EUGs cheeky 1.14p bid has left them in no mans land,and any offer up to 3p can be made.Remember BRMs 12.5% stake in DRA could potentially be worth more than the 3p as it is a sizable stake

A "Present" will only occur if the acquisition motionis defeated - Have all holders registered a NO vote.Closing date for proxys is Monday morning 18th October.Eurogold need 75% of thevotes to carry the motion so very vote against helps.If patience is a virtue I have been in these for two and a half years!

Any shareholder who is not aware - Eurogold are attempting to seize control of Brinkley for 1.14p and thats by taking Eurogold shares! The true value of each share is 3p so I am urging shareholders to contact their broker and vote as they see fit - my 2.15million holding will be voting NO.They need an additional 25% to add to their 42% holding and that of RAB which they have secured.

Does not equate - 34p equals 40cent at exchange rate

You clearly posted "bought a batch at .34".This morning you say the price was below 37.2 - thats a differential of nearly 10% - and you then call for people not to call your integrity into question!!!

Well done on buying a batch at .34,when the days low was .37 - if you are going to lie try be plausable

On the ASX,but it has no chance of going through at the 1.19p offer in EUG shares.Dragon has increased by 80% since 1st September which gives a NAV of 3p per BRM share,and there is more exciting news about to be released regarding Mine longevity.DRA closed at 16.5cent overnight and touched 20cent 2 days ago

They currently trade at 18 - 23 Euro are a very illiquid stock.My guess is the acquisition will not get the go ahead as their offer is derisory.The actual NAV is 2.3p and even taking 35% off the current asset value the price is 1.6p.Euro have taken the 31st August as the calculation date(very good of the to take a low calculation level) and the Dragon shares have risen 40% since then. If the dehrough BRM share holders would have a minority 40% interest in Eurogold - but as I said I do not see them succeeding with their derisory offer

BRM initially invested in DRA at 11.5cent and bought the second tranche at 10cent so my figures given earlier are wrong.I have done calculations on the ADVFN thread which show BRM to have a current share value of 2.3p at todays DRA price coupled with cash in bank ( less £167k for Q3 expenses) For the record Eurogolds investment in Brinkley totals £2.55million for their 42% interest

Think you may have underestimated the NAV value - If memory serves me correctly Eug took a holding in BRM at 1.85p in August 2009.They then invested BRM cash in DRA at qround the 9cent level and subsequently topped up at 10.5cent.Their initial invest,ment in BRM was at value so I would estimate the share value of BRM to be close to 2.4p.However as BRM is now seen as an investment vehicle,true value cannot be assertained until DRA either rocket or a bid is made for the entire ISC of BRM.As things stand,an outside investor could be eying up a bid for DRA and BRMs substantial holding could be pivotal to their success.

A buy of 500k at 0.9p went through just before close coupled with a million buy at same price yesterday at same price.There is a buyer about and he may have been accumulating during the rise.

My 1.5million purchase hardly caused the 130% rise on that particular Monday,or indeed the rise up to 1.75p early Tuesday as there appeared to be a bit of an over hang on the stock.I rarely post on LSE and can be usually found on ADVFN where I post regularly.I did note posts approx week to ten days back referring to director purchases at in excess of 6p - these were a few years ago by a Director who gave up his position 18 months ago.The supposedly dead assets will not cost BRM anything on disposal - quite the reverse they should add value in cash.However perhaps in Gunzburgs eyes there is something in these assets which he might want all for himself

I have been an investor here for two years now and my initial purchase of 1.5million shares cost me £42,500 so 2.83p average.I subsequently dropped 850,000 shares at various stages to make up losses on other investments but never got more than 1.25p.I bought a 1.5million tranch ten days ago at 0.062p so my holding is now 2.15million.These will come good at some stage but the trick is to hold and add if you wish(my guess is we will not revisit 0.05p again and that news might be sooner than later.Remember our investment is Dragon and whilst we have a 12.68% investment there,Eurogold only own 41% of BRM so the remaining 59% is out of their hands.

They bought their holdings in two tranches - first and biggest one at 1.87 and their second at 1.45p(if memory serves me correctly) giving them a 42% interest in BRM. The shares actually traded at a peak of 2.75p to buy intraday in August on their initial 29% purchase.Their assets are correctly shown as 1.9p without taking account of any nil value property on their books which may actually have a real value to Eurogold.