Member Info for gregpeck7

Yes a strong signal.. This has also been targeted as a Woodford stock.. I like the look at these levels. A lot.

RNS out.

Significantly over the offer for 30,000 or more.

Just realistic... If you had taken my advice at 130 you could have double the shares now...

I think this will go sub 50p.

Like I said yesterday, we should probably stop focusing on the shorts so much. If I had a fund I would be happy to put a slab of metro in at these prices for a very good return. If other large scale buyers step into the ring shorters will soon feel some pain. At some point there little group will crack and the rats will start buying back, I suspect odey is coordinating it all and they have agreements not to break rank but who knows... Money is involved and so are people which usually means something that is not supposed to happen will..... I would be closing out now with some of the profits that bunch have!

Is out this goes nowhere as everyone knows as soon as the share price moves he drops another million. The company will probably be gone in 5 years and the products will be liking Poundland and b and m shelves.

Gold weak.. usually good omen for financials. I think the pressure is really building up here.

There turn to do the dirty work?!

They really are throwing the kitchen sink at this... (to keep it supressed) FMR could be helping if they are still offloading some of their stake.. Seems like suicide selling to me though... This will snap back, patience is required..

It’s like a 2 for 1 sale. Says it all to me. I’m a big buyer at these levels. It will turn. Probably quickly and strongly.

Great end of day auction, stock left bidding at 280 with no sellers.

You will be paying 280+ soon the way this moves.

No other bank has halved in value in 6 weeks

I doubt it.. have you seen other gold stocks? Aaz for example.. it’s only just starting here. And this got well oversold... let alone overbought. Keep your eye on the mkt cap not those primitive indicators. Also when pea lands and shows just what a great asset Coringa is you can add another block on top. The uncertainty over the final 12m payment is now resolved and that has been a primary reason for the holding back of the share price. Gold is moving up again... in Brazilian terms it’s another all time high.. do you really think it’s over bought?!

Hi Scott,

Yes I was talking to myself somewhat... So I have some shares from as low as 30p... I have a very substantial amount and I have not sold any yet...

My "short term (and for short term read 6 months) I am expecting to be trading in a 100 - 150p range.

I expect this to be followed by a move to 150 - 300p in the 1 - 2 year horizon.

I was discussing various "options" that I thought likely here with a very large gold investor last night (Who also owns Serabi) around what we think is likely to happen here....

We are both reasonably aligned in this space.... Clearly the company need to execute, but even if they are feckless in the current gold environment its easy to see this being worth multiples. How they develop Coringa will be key as to how the value gets unlocked.

Also whatever you do, dont underestimate the cinderella shear. Gold tends to be found around gold mines, I know this sounds obvious, but I suspect we are sitting on a mountain of gold there, and we already own the rights to it.

If this turns out to be case then prepare the rockets as that is a massive game changer, we could have another Coringa - or better for free.

At a very high level I expect we "may" see a partner coming onboard... I also expect that in 2 years Serabi will not be independent.

I would prefer to leave it at that for now ;-)

If you look back at my posts I have been right about the gold price... I see gold pushing 1700 - 2000 within 12 months, again clearly this is trans-formative on its own.

There are too many good reasons to invest here TBH, it is crazy, gold stocks generally were at the bottom of the cycle but this one in particular, now is the time to be putting everything you have into gold. We are at the bottom of the cycle.

GP

Agree this is just the start.. People trying to play the rise and trade in and our I think but I do wonder if we have not got a large scale buyer fishing and they will get their fingers badly burnt... Also PEA imminent...

No long in the seventies range IMO, straight to 80p plus.

Gold up 6. All looking like a very strong start to come here at 8am.

Thanks for the plug kiwi.. I posted that a while ago.. gold now pushing 1530.. I note I stated I saw the price at 1400 but rising...

I see this gapping up significantly tomorrow btw so if you are topping up, be quick.

Look at charts on ADVFN and base over 5 years. They show the price based on current metric. But tbh if you cannot work out a share consolidation without help you really should not be investing.