Member Info for herbydawg22

I think its about timescales too; if you want a bit more risk and a shorter term gain, then a look at Cobre looks interesting, but given the story at MTR, though probably a longer term play still, there is still sensible upside.

I have reduced my holding here by 50% and moved it into Cobre

Yes, agree with that overall direction, just intrigued into your short(ish) timescales.

Hi Polinvest,
I am a holder for quite some time. Would be genuinely interested in your rationale for 18-20p for a few days and then mid 20s?

Thanks AP100, but its the scale of the decline rather than the direction which is concerning. WE are down more than most. Why?

I wonder why we are hearing nothing from the BOD; this is now a serious fall in SP with no explanation.

Thank you Trizza, at last a voice of reason and fact.

Conversation over.

With respect, I didn't say SFR would buy us out. I said we may receive a bid. On asset value, we look very attractive.

I suspect they are expecting a bid and doing some tidying up.

Sorry, H, I am being a bit thick. What could this mean?

..and all that sounds great. But other shares rocket on lesser news/prospects than this. So why is MTR different. I am a LTH with a large staake, so very supportive, but this story seems to be taking a long time to emerge despite all the positive vibes. It can't all be about "we are not in production yet". Lesser firms have seen an improvement in their share price based on lesser potential.What is going on here? ..and please don't tell me its just AIM

So why is the share price not moving?

Thank you Hydrogen for correcting these nitwits!
However, given we are now trading at a discount to our assets how long before we see some positive movement in the SP; at the moment it does not seem to make any sense. I am a LTH with a substantial holding so interested in constructive debate.

I am not sure why you are so positive H. The share price continues in the doldrums. If the future was so obvious, why would we be still down here?

I am beggining to worry that nothing will shift this share price upwards. I would have expected a modest rise on this news?

Thanks Hydrogen; very interesting. Appreciate the response.

Mmmm! Seems to me like a balance between possibilties and likeliehood but I can not see too much to tip the balance more positively in the likeliehood direction. Its a classic miner play therefore. What makes you believe the possibility of the type of strikes you refer to a more likely with this share than the myriad of other miners?

Hydrogen, over what timescale are you anticipating a 10X move on share price. I am assuming you mean years? What about the next 12 months? Where do you think it will be in a years time?

Thanks Hydrogen, and as a corollary therefore, you think the SP deterioration is simply because we have no news yet and therefore subject to the market making a turn?