Member Info for gluefactory

The increase is due to the fact that Eurogold will in my view be making a formal offer for the entire share capital. This company now consists of Dragon shares and a million cash in the bank which equates to approx 6.2 6.4 million pounds and currently is undervalued.

They really should be made show trades as and when they happen - distorts the market otherwise

My broker phones the MMs,so I assume it will show later,or perhaps a mix between LSE and Plus market

Phoned my broker at 11.34 and I phoned him back at noon when he told me the full order was filled

Reason I know is that it is being worked.I bought 400k at 2.5p and they dont show yet.MMs are working this stock

Wait a tad I would guess you may be able to buy at 2p in the coming days.Remember you are buying into their cash pile and the prospect that Eurogold may make an outright move on the company.Having paid 1.91p for their maiden investment they will have to offer a premium for complete ownership.However beware that if BRM have not made an investment by 18th December or Eurogold have not made an offer for the entire ISC by that time the shares will be delisted and you will not receive any cash until june 2010 at which time BRM will distribute their cash balance amongst shareholders

The amount paid for the 29.04% purely values the company at cash in the bank which is covered in the interims at a tad under £7million(£6.8million if memory serves me correctly - and values a BRM share at 1.91p).Eurogold will hopefully make an outwrite bid for the company and there must be gold potential in the Uranium prospects.Been a holder for 15 months and have seen a £43k investment drop down to £7.5k at the worst past months so events of past few days are most welcome

Well due to delist at year end,and when the sp was 2.5p a couple of months back,the company had more money in the bank than the company was valued at.Now the company is valued at 1/12 of that figure! Problem even at these levels is to get anything substantial bought,but in the long term money spent here has got to vastly increase.Not a holder now,but was when the initial drop occured a few years ago,and bought at 58p if memory serves me right only to sell a week or so later at 50p

Result of AGM and accompanying Statement has now been released on rns in past ten minutes Valticheck what are your views?

Hi Valticheck.Hope you have checked todays prices.I for one would be interested in your views on the sudden rise ahead of Wednesdays AGM.Amazingly the sp had doubled in price on not a whole lot of volume,and I am of the view,like yours,that there has been months of manipulation going on here.Likewise I am amazed that Directors with substantial holdings at multiples to sp have not been buying at the low rates.Are you in aposition to add further input at this time?

Hi.Dont really post on this thread and have not for the past eight months.Best if you go over to ADVFN and post your views there. Thank you Valticheck for your views,and I for one welcome your most valued comments(and I dare say I speak for many investors on this board and ADVFN.

Hi Valticheck.A few interested persons would welcome your imput as you have been both a valued and informed poster.

"Leaving for a few days maybe weeks until my name is removed from the list of top posters".....

With a spread of 4p you are playing into the MMs hands at this time.

30P is the level now,but whos to say 25p will not be there in a short while? Trying to guess the bottom is a dangerous and expensive game.Look over at VAN.Fridays drop was rcovered only to further drop later.Too early in the day for this one.I will set my sights on lower than 30p and if I get in well and good.If not there will be another tomorrow!!

That 1.147m sell at 1p is a major worry for any buyer.Accounts for over half the days trades and I personally think this one has a bit further to fo before it bottoms.I was considering a buy on Friday only as a gamble,but the late reported sell from the morning put me right off.

Hardly a rumour.The RNS was published this morning at 7am stating that CFL and PAE had entered negotiations

Thank you for your reply of which I appreciate.The lse thread is good but the advfn site s so much better having specialised posters with real insight such as yours posting on it.It would be valuable to one and all if you could share your views and comments there.However if you continue to post here I have no problem bringing your viewpoints to the attention off posters on that site.Again thanks for your response

Hi.Might I suggest you post on the www.advfn.com web site as there are some posters there who value your opinion being so close to the action.

I would get out now if I were you,but it is your money.Wait for the inevitable drop off to low 30s and buy back again to recoup any losses you have incurred.My advise,but not always spot on