Member Info for gorsuch

I was told about HER in early December and in hindsight I should have bought in then, I would have made a quick 40% and sold out 2 or 3 days later. But I decided to wait and do a bit of research, apart from the obvious things about money and ownership that other posters have mentioned, a couple of the things I didn't like was a company that has a PO box number as an address, plus the phone number they give you to ring is actually the head office of another company (Aura energy) which is also run by Peter Reeve. It just looked to shady to invest good money in, but I'm still watching this BB to see if I made the right decision.

The red circle with a number in it above share chat is the current new messages for today, the ramping and de-ramping of shares on a public BB has absolutely no connection to a shares price or direction, anyone who thinks it has is living in cuckoo land and shouldn't be dealing in shares.

A lot of people on here have said they stopped drilling because they found shed loads of copper, if you want someone to lend you vast amounts of money to dig a hole, then you have to know exactly what you are going to find in it, drilling 80% and guessing the the other 20% doesn't quite gel with the financial markets. Apparently they only have enough money until about the middle of March, it's quite possible they stopped drilling because of financial constraints, I wonder how much money they would have left if they had completed the full 100%

Just paid 25p a share for over 1.5 million shares?

That depends on just exactly how much they actually find, just because the land down the road is full of copper, doesn't mean yours is.

Because at the time the selling price was 20.50 and the buying price was 21.50, hence at 21.00 they can't tell if it's a buy or sell.

I don't think the " I'm alright Jack " scenario actually works just for you, if RPI get ASA then you all get 2.1p, if it's sold to someone else then the RPI deal is dead and you all hopefully get a higher offer, but your concern for all the PI's is heart warming.

I think they meant to put it on the XTR forum.

What they might now want to take more into consideration is Bindura, the share price of Bindura has gone up over a 100% in the past week.

I must admit it's not exactly moving the way I thought it would at the moment, which begs the question will it slide again later, they do say sell on news and buy on rumour, I will see what the next few hours brings.

I've been sat waiting for it to slide back to 15p, hence on Tuesday I decided to buy in, but like you mentioned in a post recently pablo the money is always somewhere else when you want it, ironically my cash arrived into my account last night which I now think might be a little too late :-(

ASA seem to collect court cases like other people collect stamps. http://www.herald.co.zw/asa-in-fresh-shareholder-dispute/

Thanks for your input Pablo, it was in a post from Bankside that 100 mil was mentioned, although now looking back at the post I notice that he stated the figure in dollars, but even then it equates to around 78 mil pounds. From what people have said on here the share price is most likely to go to around 20p short term, but then because of the liquidity problem it may drift lower so I may just wait a short while for an entry point.

I'm still undecided whether to buy into this company, I've looked at the share capital page on the company website (which is probably out of date) but all the various percentage figures don't really add up, but as you mentioned the liquidity of the shares going forward I was trying to get an idea of what that actually is, from what I can see the amount of shares in issue is 351,775,832, but surely at 16p that would only give a market cap of 56.284 mil not 100 mil, or am I missing something here.

Well at least I got the day right if nothing else, although making only 600k profit from a revenue of over 45 million I wouldn't say is that great, but at least they didn't make a loss.

According to the CGH Share News there is a shareholders meeting next Thursday, is there anything specific that we are waiting to hear about, i.e. what the hell are the directors up to, and will their plans be good or bad for PI's.

Going by last years dates, Bindura full year results should be out next Friday, the groups yearly results should then follow around the 21st July. I sold out completely mid April at 0.185 and now I'm just waiting for the results to appear, I don't think they will be that impressive especially for Bindura so hopefully I can get back in at around the 0.130 or less mark.

As a rule directors buy as a show of faith in the long term view of their own companies, but these guy's are way beyond that, this is a serious investment which they wouldn't be making unless they had an exit plan, in real terms they are still a long way off production, so my view is once they get an upgrade in the actual resource it will be sold. I don't have shares in Chaarat, but I've been watching them for a while trying to work out the timing for an entry point.

A lot of people are putting their hopes on ASA because Sir David Li is taking a big stake, if you research this guy you will find that his past business dealings are pretty unscrupulous and down right illegal, I get the feeling we are swapping some bad Chinese people for exactly the same.

Judging by the status quo in the price, it would appear the markets neither think it's good or bad, it could have been a lot worse.