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Evening Jenkoo,
Another reason the board is quiet is because folk have lost interest in the same p00p different day yap and have discovered they have a garden to tend or a car to wash .
In other words anything other than reading the carp and conjecture on this board.
Today has been a poor day across the mining industry. Only one of my investments doing well today was Technology minerals. Others were in the same boat as Prem .
Enjoy the weekend all ,
Hairy
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Good evening Rover ,
Like you , I dont see a consolidation as a big deal . If theres a dividend to be paid then you'd expect a far bigger dividend.
I'm one of the first 50 shareholders in Brewdog. I'm sure you have seen their beers in supermarkets. Over the years I have seen a few consolidation going from the original £256. down to £2.50 to the current £25 per share.
The amount of money you have doesn't change, just the amount of shares.
I would say it puts us on a more stable footing regarding investment companies looking to invest and also more open for a takeover. Large companies prefer to deal with companies in £ rather than pence.
Enjoy the weekend folks,
Hairy
Wolf ,
I really do like and appreciate your comments, however, I deal in reality and the here and now. I still have a decent amount of shares in Prem and hope that will still be very profitable.
Time to tee off again.
Enjoy the weekend all ,
Fore!
Hairy
Good evening Wolf from the 7th oldest golf course in the world.
I have been dealing shares for for almost 40 years in many companies. I completely agree with you on the Pandora group and Telegram group. What many on here want are results which we are sorely in need of and "clear and concise communication " . Good heavens, before I put that in a quote it must have been a wise middle aged golfer who said it ;).
Results are 70% of the game. Communication is the remaining 30% . We are failing badly on both.
It's not much wonder investors like myself are losing faith and reinventing elsewhere. Look at Technology Minerals a week ago they were 2. 40p , at close on Friday they were 3.20p.
I have made a few quid out of them in a little over a week. Maybe they will be down on Tuesday but if you examine them you will see they are a full circle lithium production company who also recycle the product which has been well in circulation for over 20 years.
Why wait for a pilot mine . Stench of horse manure if you asked me.
Enjoy the rest of the weekend and May day folks.
Fore!!!!
Hairy
Aye degrass,
You and your useful idiots congratulating each other relentlessly on a Sunday. Same p00p different day.
Give it a rest lad , a lot of long term investors have smelled enough Bull poo for a lifetime.
Stick to your golden showers .
Lovely day for golf . Away to tee off soon. Enjoy the weekend folks.
Hairy
Good morning Seagulls,
Good post.
There has been a fair amount of volatility lately but yesterday's rise was very welcome.
Here's hoping the SP keeps rising.
Enjoy the weekend all .
Hairy
Good evening Wolf and Prof Bags,
I do like your comments and optimism. As Johnny said today a 70% increase is to be welcomed.
Being realistic, before a company buys a 13% chunk for 12million it reflects pretty poorly on the management of the company for giving so much away so cheaply.
This Chinese company is going to build a stake while the price is low and hence will be in a position to buy the whole company for a song by the end of the year.
In business terms it makes absolutely no sense to pay any more for a company than you need to. The Chinese will continue to buy shares at the current depressed price and launch a hostile takeover.
I still have a decent interest in the company but nothing like before. Here's hoping for some clear and concise communication soon.
Enjoy the weekend folks,
Hairy
Good evening Shiny my mate ,
I agree with your post and the speed it may proceed.
Enjoy the weekend friend,
Here's hoping for an upbeat swing next week.
Hairy
Good evening Ntriver ,
I concur with you.
We have to remember the times we are in and the minerals required. Going back 50 years a different set of resources was needed. Today, with EV production being a priority for the big manufacturers, mineral resources are required big time.
Time will tell how we fare in the heat of this EV revolution
but it is surely worth having a few quid in this company.
Enjoy the May weekend folks,
Hairy
Good evening Plasmer,
Good post. I have given you a thumbs up .
Unfortunately you get a wee bit carried away in the " news" section as if it is an absolute given .
Much as I am delighted with the sp increase in Prem today, we have seen many false dawns before and next week could be no different. . Only time is going to tell what happens with Prem or Blue as we call it after our entry price which is the same as a Becks" Blue ".
To say the rest of the market dropped is pants . Kodal are up , POW who are multi mineral exploration are also up .
Guys , one Swallow doesn't make a summer but let's keep hoping for the best in what ever company we deal in as I am pretty sure I am not the only one on here to have money spread across various companies.
Enjoy the evening sunshine folks and be free to try an ice cold Becks Blue . They really are rather nice .
Personally, I'll have a Drygate Milk Stout in my patio .
Bliss .
Hairy
Good afternoon chaps ,
Nice little RNS this afternoon.
Enjoy the weekend folks,
Hairy
Evening Johnny,
Over the past few months we have put a few quid into Hurricane when it was just shy of 5p ( now double) , Horizonte has benefitted from a few quid more as has POW and Technology minerals.
We are still involved in Prem and will keep sticking the oar in , however fomo with other companies made us play our hand.
Look at the last few RNS from Horizonte. Glencore have a 10% stake and there have been two TR1 announcements this week. I have been in there for a couple of years and hope they will be fruitful.
Only time will tell with Prem ,
Enjoy your evening mate,
Hairy
Shiny my friend,
I completely agree. I have put "hold " as my position but that is only since re-evaluation today and holding a smaller amount.
Enjoy the evening my friend,
Hairy
Good evening Jenkoo ,
It would appear that you have hit the nail on the head.
For a long time Prem has been described as a lifestyle company for George and his chums. Over the course of the last couple of years that I have been invested there have been many promises of great things to come imminently.
Aye , there has been the occasional spike but I would be pretty sure the posters who told us to hang on were skimming the froth off the top and buying back in at a lower level.
Snowking , I wouldn't believe a word he says. In fact I have had him in a green coffin for the last month as his record never changes. I have to congratulate Johnny for reminding him that a broken clock is at the right time twice a day .
As for the other comedians on here who reap the rewards of the private investor, well they are just as contemptible.
Some post about having fancy holidays abroad, whose expense is that at I ask you !!.
Some of the guys and myself have recently asked questions about the quality of debate on some of the LSE boards we have shares in . It would appear the most conjecture and different interpretation happens on boards of companies with a great potential but a very poor management.
Today we have realigned our position with our portfolios and invested some funds into companies where clear and concise communication is of a far higher standard.
I still have a few bucks invested here in case of a spike but one thing to remember is : all gold rush's throughout history have been a frenzied affair with everyone wanting to get rich quick . Very few ever achieve that and the rush doesn't last long . The white gold rush won't be any different.
Aye, we will be using lithium and gold for years to come but sure as night , the price will fall otherwise it gets economically unviable and alternatives will be found for vehicle propulsion. Lithium is not a new product, I have a Sony camcorder which is about 20 years old and powered by lithium . It still works.
Enjoy the evening all,
Hairy
Cheers Boss .
Good evening Share,
Seriously guys , the last few days have been like reading a Tourette's convention minutes .
This board is marginally more insulting than Prem . The amount of aimless posts on here is laughable.
Ladies and gentlemen, if a company is truly worthy of a constructive comment then please do it and keep it civil.
The unfortunate thing about Hurricane is that the previous recent history is about dubious judgement by the board and decisions made.
I remember this being a 40p share a few years ago. Many people jumped on the bandwagon and soon after lost a significant amount of money. First time round I bought in at the lower end of 4p and saw it slowly fall to 2p . I sold to recycle what I had into other shares. Now I am back in at around 4p again and hopefully will see a significant rise this time around.
Senseman, give your crystal ball a good rub and see what direction we are heading for in the next few weeks.
We all invest to make money. Let's make some money and share any good information.
Enjoy the evening sunshine folks,
Hairy.
Good afternoon Stan,
That's a decent RNS released today . Things seem to be proceeding nicely.
I just wish one of my other investments (Prem) was as clear and concise in their communication.
You only have to look at their bb to see the amount of conjecture that goes on.
Enjoy the afternoon sunshine all ,
Hairy
Good morning Fulmar ,
Things are looking promising. Roll on the good times.
Enjoy the sunshine all ,
Hairy
Good afternoon Johnny and Infinity,
Johnny , I like your thinking.
Infinity, I would like to like your thinking.
There are lots of suggestions and much conjecture getting thrown around lately.
Interesting article in the Telegraph today about Musk and his Twitter bid . It states how it could be detrimental to his other interests including Tesla . I can understand how that could happen.
If Musk were to " buy " Twitter he will become a media mogul and therefore have an influence on what people read and be in a position to put his personal opinion out in the open. To be fair he already does this and is a fairly marmite creature .
On Tesla his political/ environmental opinions on Twitter just may influence a few potential buyers to look at other companies such as Volkswagen.
Fair enough there is going to be a huge need for lithium and other minerals but Elon Musk isn't to everyone's taste and can be seen as the new Pied Piper .
Remember, he knows folk will jump on any bandwagon he endorses , as long as he profits .
Enjoy the evening sunshine all,
Hairy
Good evening Vetta,
Well , that was a reply and a half.
Dare I say, going back a few decades in time world economics operated in a more co- operative way . Nowadays it is a lot more complicated with the larger countries and economies trying to outdo each other.
I am very interested to read about your studies as the human brain is a very complex, individual organ . One of my favourite sayings is that " it's all down to interpretation " . That can only be done through the brain.
With this investment I think we all hope for the best but some of us fear for the worst. Where human beings that we know very little about are in control of our financial interests we have to put an awful lot of trust in them to deliver a positive outcome.
Only time will tell,
Enjoy the evening Vetta,
Hairy