Member Info for greengrass7

It's clear that McMaster runs this company totally for his own enrichment, he would appear to be a man of limited morals.

That said he seems to have wanted as many shares as possible for his 286k, he knows whats going on behind the scenes and i would suspect something positive is coming soon so that his 286 k increases significantly.

So while it is clear to all that 1p is a shocking and i suspect unnecessary level to raise at it doe's present an opportunity to average down and possibly make a few quid.

This is very much under the radar but it looks a bit of a no brainer medium to long term.

GTMO, and you wonder why some people think you're an idiot.

cash raised-tick

Permit about to be granted-tick

Copper prospects looking more positive.-tick

Read the RNS's or are you shorting this via SpreadEx?

Don't understand why someone would sell 357,500,000 at .038 especially as the news is generally positive.

Anyone got any theories?

Tens of millions sold yesterday ,probably by place'es and others in the know .

Tens of millions sold today by the same people for negligible profit but added to yesterdays 25% make a nice earner for a couple of days. I strongly suspect industrial level market abuse. I would also suspect the company are aware of this that is why they have used different brokers for each placing in the hope that they can negate this, unfortunately in the city birds of a feather etc.

Mr Moon you are clearly a genius, who else would of ever suspected a small mining exploration company on AIM would need to raise money. You are clearly related to Nostradamus.

Anyway give yourself a pat on the back and maybe consider making your points once rather than posting the same thing continually.

No problem with the company raising cash although as ever the price is very disappointing. Strange how the last three placings have been conducted by different brokers.

I suspect many of yesterdays sells were by the same entity, indeed all the round figure sells close together looked suspicious. I wonder if SpreadEx had something to do with it, funny how the couple of days preceding a placing always involve lots of selling, you'd almost suspect insider trading.

$1,650,000 received in March, 300k left in June. This stinks, where's the money gone Rowan?

I would suspect the reason the share price hasn't reacted as strongly as we might expect is because the MM are unloading all those millions of shares they paid some fool .031 for. They get .036 for them, nice little profit.

Can get a quote to sell 10 million but not to buy 1 million. Market makers continue to manipulate rather than create a fluid market. They are so scared of anyone other than them making a few quid.

If there is a placing/raise in the next few weeks then that 200 million sell must go down as the most blatant example of insider trading ever.

This shocking holdup in the issue of the permit (been fast tracked in January, clearly a lie) is allowing someone to regularly trade large numbers of shares on small margins. I would guess this is been done through a spread betting company and possibly in collusion with a market maker. I would suspect some city person with links to the company . The regular drip feeding of similar numbers of shares is unlikely to be coincidence.

We raised 700k in March, i think it unlikely another raise is imminent, although you couldn't rule a future one out.

The need for any father raise should hopefully be negated by the issue of the permit, giving the company the ability to be self funding.

Moon i have continued to give you the benefit of the doubt but if you find it funny that the share price is falling and people are losing money then i have no option other than to agree with Chisler's assessment of you.

Quoted .0418 to buy 5 million, cant get a sell quote for any more than a million. This makes me uneasy.

Whilst i have some grievances with the occasional company decision i find it very difficult to blame them for the permit delays. The RNS dated 10th January stated NDEP were giving the company's permit some priority, really! Three months later and nothing, that's now over a year. A pretty inexcusable and pitiful performance by any standards.

The only upside is that with the price gold on a upward trajectory we are going to get a significantly higher price when we start producing.

Moon, i share your frustration but can you stop posting the same old same old continually, it's become very boring.

I noticed those trades APR, looking a the timings i was thinking rollover.

I have e-mailed the company to register my disgust, i do not expect the decency of a reply.

While i have no problem with the company raising funds i have massive problem with cash been raised at this ridiculously low level.This just shows a total disregard for and lack of respect for long term holders, most of whom are sitting on significant book losses.

No matter what level a raise is at the market adjusts to that price, so why not raise at a slight discount to the mid price,rather than these shocking levels, this would show confidence in the company and probably encourage a number of others to buy in the market and push the price up ,ensuring everyone is happy. Instead the raise is done through second rate rate brokers at 'mates rates', thus sending a very negative message to the market and angering long term holders. It seems very shortsighted and amateurish.

Strange also that the subscription/placing wasn't carried out by the useless SP Angel, have you seen through them and inadvertently gone to someone just as bad?

I have built up a holding of 100 million shares basically on belief in Brian Hall, i feel he has betrayed this belief.

The kindest thing i can say is that i am very disappointed.

Regards from a very angry Greengrass

Would it not have been prudent to have waited until the permit had been issued, that should give the share price a boost, raise then at a higher price thus getting the money for less dilution.

The permit cant be far away, we've been waiting best part of a year. How incompetent do you have to be to not be able to effectively produce a piece of paper in that time.

I have no problem with the company raising money, its the nature of the small cap exploration game.

What i do have a massive problem with is the shocking level at which this raise has been conducted at.

No matter what level the raise is the market adjusts to that price so why not raise at a very minor discount thus issuing fewer shares to get the money required meaning less pain for shareholders.

i'm sorry to say it would seem the company couldn't careless for the shareholders, we are the regular victims of the company's use of shyster brokers. I thought Brian Hall was better than this.

Whilst agreeing Rowan is absolutely useless, it would appear Player is doing his best to bring AEG to it's knees.

I wonder why?