Member Info for greengrass7

JC21, 100% correct.

I think many are failing to understand what is going on here.

It seems there are so many with very short attention spans.

As posted by CTSFO-

This important research being conducted by Dr. Tombros Stylianos is supported by a vast network of leading international institutions. The collaborative bodies working on the Molaoi ore samples includes:

· The Laboratory of High Temperature Hydrothermal Ore Processes at McGill University, CANADA.

· The State Key Laboratory of Geological Processes and Mineral Resources at China University of Geosciences, Beijing, CHINA.

· The Chinese Academy of Geological Sciences, Beijing, CHINA,

· The Modern Analysis Center at Nanjing University, CHINA.

· The Maria Curie-Skłodowska University (MCSU), Lublin, POLAND.

· The Centre for Instrument Sharing at the University of Pisa, ITALY.

Six universities, three of which are Chinese, almost certainly state controlled.

I reckon that is significant.

As each day passes we get nearer to the drill results yet people decide to sell.

If you're not confident or patient why buy in the first place?

I'm frustrated with the time taken but rather than sell i've added another couple of million, seemed rude not too.

The interview with Mr Price a few days ago where he stated the company were already putting things in place for the post drilling phase was a massive sign of confidence.

Just don't understand how much more of a hint people need.

Five months into a 30 hole drilling campaign.

So far 4 holes drilled and no lab results, very frustrating.

Some are clearly selling because they are fed up with the perceived lack of progress.

This will come good but it's very painful waiting so long.

Having held a various number of shares in this company over the last few years i can say my two main observations are;-

1. Be very wary of anything involving Brian McMaster .

2. Heed what Smalleyus posts, he has been pretty much correct in everything he's said.

Placing as i predicted all be it at a slightly higher price.

As ever all those with inside info sold out yesterday hence the price action.

The company needs money so no one should be surprised.

Interestingly they have raised £3.25 million which is an amount greater than the company's market cap, so not a sticking plaster raise.

If as Brian say's we have institutional investors then i would like to see the name ACAM on the list, would be a confidence boost.

Shame the warrants are only at 2p, they should have been set higher.

If the Tungsten is proven then i may have chance of getting some of my money back, so all in all i'm quite pleased with the raise

Bfd, totally agreewith you re SpreadEx and Shore Capital. How the hell a major AIM market maker can hold 10% of the company's shares is outrageous, it just invites manipulation.

As for SpreadEx, they only hold the shares to facilitate trading, including shorting ,on there platform. I would suspect said platform is used by a number of city insiders,indeed the mass selling and falling share price movements before previous placings would suggest something is very rotten.

I'm no Carl Vorderman but my quick calculations re zinc, lead and silver insitu at the 1& valuation suggested by David gives a share price around .70p

Mcap, i hope you correct but i've been here many years, over 100k down and seen it all here before.

Agree, today's new's should be a game changer but expecting a bit more pain first.

I would suspect the fear of a discounted placing via one of the usual cowboy brokers is at the heart of todays price fall. I'm guessing 1.3 p in the next few days unfortunatley.

The company has a poor history in this regard.

Short via SpreadEx by any chance.

Just been reading through exploration RNS's and this caught my eye, from 14th Feb last year.

·· M2 Resource: Analysed soil samples reveal a surface anomaly continuing 500 m to northeast of the Company's existing inferred copper resource. One grab sample from this area recorded 1,470 g/t Ag, a new peak for M2.

I know its only a grab sample but that equates to over 51oz per ton.!!!

And silver price rocketing.

ACAM are just comfirming there position after participating in the recent placing.

SpreadEx hold significant numbers of shares in small caps so said share can be traded/shorted via ther platform. To short a company the shares have to be lent out and that is effectivly what SpreadEx do. I would suspect, going by the numbers involved, many of those trading are city professionals looking to manipulate the price and make a bit of tax free cash.

Looks like a roll over to me.

Maybe chisler, but certainly not here.

Time yet i suppose but the dilution and share price destruction have been brutal to say the least.

Unbelievable price action today but unfortunately SpreadEx on the share register is the equivalence of a cancer.

I think you'll find , going by the pattern of the trades , it's the usual scavengers , shorting via SpredEx to drive the price down.

The sad thing is Brian has a history of failing to deliver thus empowering the vermin.

Great find Cloudy, very interesting read.

I wonder if Metlen have participated in Friday's raise, its very likely a single entity has taken a fair chunk of the 2.4 million quids worth left after deducting ACAM and director's portion's.

3 million raised, 500k to ACAM, 50k to directors leaving best part of 2.5 million to others.

Be nice if a significant stake has been taken by another serious investment company. Must be a reasonable chance of a holdings RNS this coming week.