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Slimgizmo
It is baffling but also par for the course
There has been a pattern - some sort of development - rns - report of some type (usually later than expected) price rises - often steeply - then in absence of any developments usually slowly drifts down again - then after a while the process repeats. Can't say that this will continue indefinitely.
I hold on the hope that one day the RNS or announcement will lead to a rise which keeps going.
With hindsight I took should have sold on rises and bought back or took a profit on the following drop
What may be different this time is activities at labrador - although also as far as I tell there does remain a large parcel of shares that may put brakes on if get back to 6p
I
You are quite right and it is odd usually they are placed then rise - people who took up placing make a profit and move on. It is at the back of my mind unless they have dribbled them out that there is still (depending on whether they bought to be long term holders) potentially several million shares waiting to be sold
Brent interesting thoughts re DV although I would imagine he is a well aware of the options as anyone and given Juno investment and loan I would also think present scenario meets with his approval and quite possibly he is main architect of it or at least one of them.
Take up directors options I thought encouraging
Sw thankyou for your considered and detailed explanation - it certainly hasn't been a get rich quick scheme you are right
I am mindful that the company needs either more diluting share issues or Juno to continue with loans - (both may continue or not) to remain afloat Which is why I think an income stream would be a massive comfort
I accept that more reports showing increased resources would be ideal- but in a nutshell are you saying that off the reports todate you don't consider a sale of Parys or financeable as it stands.
Although that being the case (accepting I have little knowledge on these matters) i must admit I don't understand why company has commissioned sequence of reports each pointing that there may be more inferred resources rather than commission a make or break survey.
Stanacy
I have the impression that the directors are deal makers more than actual miners. My thoughts for what they are worth that their preferred plan was to demonstrate the value of Parys - enhanced as far as possible by reports and then sell to an actual miner. Then if their age permits move onto another project. With the fallback of if no buyer then to actually mine.
This process has been going on for a long time with large rises and falls on the share price in the period.
Whether this remains the idea now I don't know.
Has to be anyodies guess where share price go next - Labrador holding potentially can really benefit but that relies on positive developments there.
High current metal price helps sentiment.
As you say it has been going on a long gone and I suspect will continue to be an interesting and bumpy ride
John Jave looked through my last few posts to try and make sure I am not fooling myself. To be honest if anything my recent concern about the potential overhang of Ten Million shares from the rights I would think is anything but ramping.
John I have to agree with you there are rampers and de rampers etc on all boards.The effect of both on price I belive to be exaggerated - but not neccesarily good for the naive.
I must admit I would put myself into neither category and surprised to be described as a ramper
I thought my postings varied between mild positive and mild negative (with occasional mild frustration) depending on the circumstances. With other postings giving my interpretation neutraly hoping to trigger debate I can learn from
As perhaps can be seen from my most recent posting below which personally I would describe as relatively neutral . I also regularly suggest people refer to the AYM website so they can make their own observations
Whilst with hindsight I should have traded on highs and lows. I didn't - I admit would like to see the price rise genuinely and sustainably on proper fundamentals.
I have seen enough misery on other boards where people have been sucked in with more than they can afford on a wave of misplaced enthusiasm to be other than careful with what I put on any board
I can only apologise if I have inadvertently come across as a ramper.
ATB
Railway man
My position very similar although not quite as long. Can't quite remember why I bought them and in early days were even odd years when i forgot I had them.
A bit like that film groundhog day and as you say there is always the elusive jam tomorrow which looking back has stayed by hand on the sell button more than once
With hindsight i should have sold on the typical four or five pence regular highs and bought back on the just as inevitable 1.5 to 2p lows. But each time there seemed to be something a little different that made me think perhaps this is the time at last.
As I hope now but not with great confidence!
Sw I can follow your conclusions through.
But in my opinion they rely on company be able keep afloat with no income for some years and the report having results you anticipate.
I think worth mentioning, as you perhaps aware, the company has a history of reports showing more resources over the years. Each expensive and followed usually by a price increase which seeps away, as we have seen twice recently.
Rather than have yet another one (which might not have any better results) do you not think energies and money would be better spent getting into production and some cash generated.
We have to be mindful that the company is kept afloat by share issues and loans from Juno both of which might not continue indefinitely.
With cash coming in thhe company could then research further without constannt threat of funding drying up
Mikey it is a worry when you have that concern - i don't always agree one hundred percent with your conclusions but I do welcome your usual optimism which sometimes gives positives I had overlooked
There is no qualifying period. You simply have to own them on before what is called the ex dividend date. If you buy them after that date the previous dividend goes to the seller. A quick google should pop out ex dividend and payment dates.
I understand how shorting works. It is reporting I am not clear on. Is it if you short more than.0.1% of a companys stock (in aym case about £ 11000) you have to report it. Predumably on opening or closing the stock?