Member Info for HawaiifiveO

Since Sanderson declared their 15% stake in XTR I immediately noticed small selling hitting the bid and a generally weaker share price. Sanderson have now acquired 15%+ of BZT and the same is happening there, the share price has fallen hard. I also noticed they have a large position in Kibo Energy and their share price has also plummeted.

There has been a great deal of comment about Sanderson on bulletin boards - they had links to Beaufort Securities and their financial position is poor, in fact according to Companies House they were close to being struck off due to very late filing of their accounts.

One wonders if they take these stakes in illiquid companies to enable a 'borrow' of stock for shorting purposes, Sanderson would get a fee from the borrower and still hold possession of the stake - at some point in time when the exercise is complete the share price will recover.

This is a theory of course but it does seem a re-curing trend, BTW there is no clue as to how Sanderson got their 15% stake in XTR, it was not acquired via market buying and they did not declare after the last placing - so where did the shares come from?

Ironically IG are quoting 4p if you want to buy 1.5m - I think that tells you all you need to know in respect of where the share price will ultimately go.

The good news is the tight free float and the well researched retail shareholder base who will not dump at will.

I do see a far higher level being attained now.

Remember this was trading at 4p less than 2 years ago, since then the company has transformed, not even mentioning the massive gold price rise since.

The shares have a long way to go yet, you can see how these re-rates develop at the likes of GGP or EUA, slowly at first and then BOOM !

I can see this breaking 2p tomorrow with the ultimate target being 5p+

I have read a number of articles where a BOD has deliberately starved the market of news and media to ensure interest in the company falls away and subsequently the share price drops thus reducing it's value. One could argue this is what is going on at Ascent now, then add to the mix the desire to add a death spiral form of funding ASAP, ensuring it would bring the attention market short entities thus further pressurising the share price.

When you listen back at the conference call it was a call about nothing, simply a PR stunt, nothing for investors to get excited about. So is this the plan, namely to reduce the value of Ascent to peanuts and then hey presto a low bid comes in which is then recommended by the BOD.

The prospective acquirer could offer the BOD employment or pay them off handsomely for example, these things happen.

I put this out as a matter of interest, not implying anything, readers have to make their own minds up.

MrMagic

It seems you have lost your shirt on RGM, it happens on AIM unfortunately, however as Doc Holiday pointed out in a podcast today saying 65% of RGM shares are held by a handful of investors and some are quite recent, these folks will almost certainly have the inside track on what is going on and have positioned themselves accordingly.

My bet is you Mr Magic will be proved wrong and from current levels RGM could multi bag, whilst you keep misleading people saying they have issued 7 billion shares it is in fact 70m from 87m issued, that is not a large number when sometimes AIM stocks can do 500m+ volumes in a day.

RGM simply needs some material news to deliver that volume, we will see if it comes or not shortly.

Sellers of the 2.75p shares can only sell one time and they are gone.

I still wonder if the major shareholders want to buy out the minorities and we will get a cash offer for our shares, anything is possible here right now, I am staggered the share price has not moved far higher based on the fact that bankruptcy risk has now gone + improving operations and the ever higher gold price.

Still only valued at circa 30m for a company likely to produce 80,000 oz of gold this year - peers sit at £150m-£200m m/caps

Something seems to be going on re the strong volumes - still wonder if the Candy's will buy out the minorities, price would have to reflect the ever improving situation re operations and the gold price.

I am sure many here would be contented with 4p or 5p but who knows, it's all speculation.

There was a very firm and precise message from Conroy in a interview in Q4 last year, namely they are moving from exploration to development and he talked about a JV partner.

Ever since that interview volume in the stock has been building and the share price has appreciated albeit slowly but this can snowball and the first signs came on Friday, very little stock around as well.

Market cap is only £2.4m, even at £1 a share would equate to only £24m - this could be the next GGP by way of share price appreciation.

How many more months do we have to wait until something meaningful comes from Buggenhagen, he has been saying the same things since the shareholder event 12 months ago and has delivered nothing.

Talking about shareholder events are Flagstaff capable of getting another event on before the AGM ? Come on Tim I know your reading these BB's, lets have another face to face with the BOD.

Gold is flying again, this is really good for MTL.

Problem is the bulls have mostly taken part in the placing and as a result are not buying in the market, prospective new investors are looking at the 70m shares issued at 2.75p and refusing to buy higher up.

It needs a material news event to deliver very strong volumes, unfortunately I see nothing from the Kaintz interview or the presentation to deliver such an event in the short term at least - Kaintz did say he expected the shares to go higher over a 6 month term and then adjusted that to 3 months.

Who knows, but it needs on market buying from the many Twitter 'names' who are promoting RGM as a recovery play, no good sitting there hoping others will buy.

Still no holdings statement from Riverfort for January and a muddled up one on December 6th - were they behind that 300m+ trade on the 1 billion trading day I wonder?

Another week of nothing, one thing you can be sure of at AST -------> Nothing !

Nothing is available on the offer - as mentioned IG are quoting 2p to buy 250,000 shares and 1.77p to buy just 25,000 shares.

This could close around 2p today - MTL is under radar but has the makings of another AAZ.

IG are quoting 2p to buy 500k shares - obvious where this is going now on today's news.

So major shareholder have acquired the bank debt - confirmed !

The risk associated in investing in MTL has now cleared

Rocktapper

If Conroy pulls of a decent JV you will get your 30p with ease - that is not even a £7m m/cap - in the recent interview he refers to another project in which he was involved historically, the beaten up shares rose from 20p to £2.50p

Another aspect which Prof Conroy is aware, to dilute exposes him to potential removal of office depending on who the new shares go to. It is for this reason that I think he will stick to Loan Notes as opposed to a formal placing. He does not want another requisition does he.

The large trades in CGNR are interesting, if he brings off a decent JV the shares will rocket, £1+ cannot be ruled out IMO.

Rocktapper

I am not so sure about the share price being manipulated for the benefit of a fundraise - it seems to me that the company is materially undervalued based on the rising gold price and could become a takeover target even ahead of a possible JV the Prof talks about.

I also note a few sector related investors are taking a interest in Conroy - perhaps there really is something going on in the background after all.

https://twitter.com/Oilplayer2009/status/1219171351493332992?s=20

I am staggered the major shareholders (who clearly had a lot to do with the re-finance etc) did not remove SK at the same time as Bell.

Everyone wants to hear from Parsons about future direction and prospects, wheeling out SK is poor form and an extremely bad strategy, it simply plays into the hands of the massive amount of bashers that work the boards daily.

Having issued 70m shares at 2.75p (out of 86m) it will need significant volume to wash these through the market, that needs material news to excite the market - the confetti share issues with RGM has to stop also.

SK seems to think the share price will not be 3p in 6 months but far higher well bring it on.

'Ascent is in a really dynamic period & the things we are working on are very sensitive' We ask for patience'

This was a statement made by JB during the 15th October Conference Call, 3 months later NOTHING - how long does patience stretch I wonder.

Listening back to that CC it is like a fairy tale, Castro when asked about buying shares stutters and then waffles about being 'inside' well he said the same in February last year - JB does not even want to discuss the topic and side swipes it preferring to discuss how hard they are working LOL !!

They talk about investor communications, wanting to keep shareholders up to speed, well the CC was in October, there has been no media since September and no presentation events since last February, it is about time something happens on this front alone. No guts to face shareholders in person for sure, we will have to wait for the AGM for that !

What a mess.

Again one has to re-iterate how lowly valued this is given the ever rising gold price, come on, only £30m m/cap for a company that is likely to produce 80,000 oz this year + debt deal about to be announced.

Goodness knows why this is not trading far higher, even at 3p equates to only £60m m/cap, this is where it should be trading right now.

A fill your boots situation IMO.