Member Info for GreenWolf

Spires has been on my watch list since late last year, unfortunately post the offer from MDC. I can't honestly see MDC coming back in anywhere near £3 a share for Spire - their share price is now c450p as opposed to c650p when they made the offer and their annual statement suggests they have, marginally, less cash available to part support a bid. I think the talk on here of 250p is nearer the mark if you do the maths. The question is whether given the impairment for the Spires investment in MDC's accounts (over £100million) the Board could actually present a strong financial case for a takeover to their own shareholders. I've not bought in yet, but watching with interest. GLA

I was going to say anything for some positive news, but perhaps anything for any news is more appropriate. GLA

Sausage - under AIM regs interims must be published within three months of the period end, so the BoD has two more weeks. It's usually the third week looking back over previous years so I expect them this week.

Matt - don't disagree, but for those that have been here for a long time, it's like a dripping tap. AIM is sentiment driven and it is crucial that news is released by EDL to the market, regularly. AIM shares get decimated on no news and there is simply too much "jam tomorrow" at times from Rufus. If we had a CEO who could play the market communications better, we'd have a really solid share price and 1p would be well behind us. Look at the proven near surface resources we have and yet we have a market cap of £5million. A clear sign to me the market has no confidence in our BoD. GLA

Lol - water, water everywhere....

larry - sarcasm? From me? In theory I agree there should be no leaks of information. In reality, that simply isn't how the market works. The PIs are normally the ones who know anything last. The FCA seem to have about as much interest in AIM as Nigel Farage has in the EU. They are simply not interested in any small fry alleged market manipulation, insider knowledge etc. I've been there before, several times and tend to quote my experiences with New World Oil and Gas as the classic example - the MMs got themselves shut into a room with no door, with a legitimate short squeeze and PIs should have hoovered up, big time, yet somehow the MMs escaped. The reality is that the house always wins. If you're lucky as a PI you can be in an AIM share at just the right time to enjoy the ride but more times than not you end up getting burnt. GLA and lets hope EDL can be one of those gems - this time next year Rodders.

larry - surely not

aerial - I suspect there is an RNS being prepared for the Interims which are due, probably this week looking at our past history, so there may b a bit of excitement. We'll see if its a false dawn or the start of a re-rate. GLA

gaffy - there's possibly one or two on this board......

pbody - what sort of drop??!! This is a 1 to 10 share split, so the share price this morning is actually slightly higher than yesterday's close

Boom - I disagree - after the 1 to 10 share split, today's price is actually higher than yesterday's close and not far behind where it was at the back end of July

John - although your history only shows 390....if I recall there was an issue with historic posts getting deleted some time back across LSE. Not sure what mine shows as I cant actually see the same info other people can but I bet it is less than the 800 or so I have posted.

To be honest, the market always speaks - there has been next to no rise today really on the back of some very positive news. Rufus needs to reflect upon that, as it is clear that there is little or no trust of him within the market. We were at 1p almost eighteen months ago when we commenced trial mining - off the top of my head I think we have almost twice the shares in existence now, which surely means we should be well north of 0.5p. That's very rough maths. I simply don't understand the constant selling today (it's been in the background for weeks), although I know there could of course be many reasons for that. GLA

Devon - there are one or two very negative posters on here today; this isn't game changing news but it is very positive. Those who are actually invested, or not short, should be fully supportive of today's news. GLA

Bilbo - you need to re-read my post - I don't think I said anywhere that EDL is like NEW and if I felt it was I wouldn't have a single penny invested here

Bannor - as Stuart says at the end of his article - "Make of that what you will". I was in a very infamous alleged naked short some years ago - New World Oil and Gas. Luckily it was a stock that I watched like a hawk and managed to buy in near the bottom. The short squeeze can be very interesting to see in action in the markets IF you are lucky enough to already be bought in but it can lock in bucket loads of PIs very quickly as it had to be suspended. There were PIs that lost fortunes on that share. GLA

aerial - couldn't have put it better myself. A significant reason I bought back in to EDL GLA

Let's see what the last hour brings. GLA

knicol - moving up nicely - this time next year...GLA

Sausage - hope they are - they can have all mine for 1.5p per share