Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
IMO, the trouble with an RNS like this, especially on AIM, is that it drags in the daytraders, who make a quick buck and sell. The assay results RNS will be more of a permanent rise into the low pennies, and move up from there with news from our new mine and TBS next year.
Blue, Red, Blue but really the SP indicates it should be Red on the day.... totally all to pot today, time to switch off and go and do something less boring instead - as some of you will remember the 'Why don't you' gang insist we do.
Roll on the results, then Blue or Red will be clear!! Hopefully Blue
Am I wrong in this, but do MM's have the 'power' to see these buys come in, hold them back whilst they drop the SP to hit stop losses at a much lower SP, then fill these big buys with much cheaper shares, hence making a small fortune. Or am I just being a little cynical?
I love AIM, you get a bad RNS, SP Drops, you get a good RNS, SP Drops.... Please no more until the results of the assays, if their bad OK, wipe us out, but if not are they going to drop then too???? Would not surprise me! Rant over, Hold for GOLD!!
Thanks to all for the responses, seems this could be a long term investment with plenty more exploration yet to do. The finance side is a little worrying - even though they have paid a large sum off this year, and have cash available to progress the exploration, the debt may still hold this down for many years to come. Certainly one to watch.
Managed to get in on Monday, and back out of this with a very small profit yesterday as it was dropping. Don't understand the hype myself, SP hasn't been up to 5p since end of 2016, and can't see the minor changes bringing much difference to where it is - or am i missing something?
if this is a shrewd investment at this price, or an all on black and spin the wheel gamble... if the oil and gas they have, all transpire in 2021, it was a good investment, if not..... It should have been all on red! More research methinks!!
"Sampling of the historical waste dump at Clogau " This is interesting, no digging, drilling or mining in any way, but possibly expecting to find gold using modern methods that were previously missed and now easily accessible.......