Member Info for ID78

Wait and see but I’m seeing this as a bounce at the support trend line. Hopefully this is the start of the next leg up.

For anyone interested, the points forming the line are

Dec 16th close of 2.60
Dec 20th close of 2.65
Jan 24th close of 3.42
Feb 15th close of 3.89

GLA

Thanks for replying.

PRD is another I’m watching. PANR I should maybe take a look.
Not invested here … yet, but I am very tempted! I had decided to buy after the pullback and subsequent bounce (that would be today). I think I need to have a word with myself!

Hi Fred,

This has caught my attention. I’ve seen you post on MATD, I see this as similar to MATD only different product.

Both near term production and with huge potential.

Interesting to see you also on here, I take it you have a similar view …

Same here, pretty much everything is red.

If the FTSE drops further then so will this (Ukraine as the driving force that I can see). However, news can flip this against the general market sentiment. We expect news and there is no reason to think otherwise.

Quite right Hertstrader, this is not ADV. MATD have the oil.

And as you say, this is an uptrend, the only question is where is the new (higher) low before we put in a new (higher) high….

Always good to see a little consolidation before the next movement :)

I’ll be honest CGO has caught my attention this week, but when you remind me of the analyst price I just can’t justify moving any funds from here!

Ahh I’ve seen so many arguments on TA over bulletin boards.
I believe it is useful for timing entry and exit points and even day to day movements.
At he same time, I’m not looking to buy or sell just now. I just find it interesting how the RSI got a bit high … and sure enough we pulled back.
(I know the question wasn’t aimed at me, OJAY- I’m just a bit bored)
Ultimately some people believe and some don’t. But you are right (ojay) - FA’s fundamental posts are well reasoned and greatly appreciated. (Good work FA)

In saying that not I’m saying that (phone auto text!)

I’m not sure that the RSI has cooled all that much.
I expected a bit more of a pullback today to cool the rsi further but what do I know!
I’m saying that, there is definitely enough headroom to take 5p, I’m not sure I would have said that yesterday.
Good luck all, hopefully we breach 5p on Friday :)

The RSI was getting a bit on the high side, so a short pullback is no surprise.
Set a higher low today or over the next couple of days and off we go again (unless we get news first)

I’m nice and relaxed about MATD :)

I'm out. A lot of good points well made by Manro. Each and every risk identified and quantified. So I sold all my shares and bought some coinbit. The man at the door (a total stranger) that sold me the coinbit tells me its the new bitcoin.

He seemed a good man with my best interests at heart, just like Manro, so a good decision I think.

SP higher than where we were last week.

One week closer to rig news than we were last week.

That’s about all that’s changed that I can see.

Most shares on my watch list are down today, so we are in line with general market sentiment IMO?

Some really good posts by FairAnalyst and Gower.

I was in He1 and made the mistake of holding onto He1 for the drill results. The plan was to sell before TD but got caught up in the hype.

I invested in ADV and (despite the 86% CoS) and sold last week before the results, buying in here at 3.8p and 3.85p as I've always had my eye on MATD for my ADV profit.

This IS a very different beast. The resource is there, it has been proven. MATD are fully funded and they have the relevant licences. . I won't say more - really FairAnalyst and Gower have said all there is to say. A truly fantastic opportunity here that I am very relaxed about.

Yeah, P.D.R. - back down at that 0.455p support.... hopefully get a higher close than yesterday.

Pulled back a little bit more, Pepsi did you sell 1 share by mistake :-)

We hit that 54p resistance yesterday, pulled back and this morning bounced of that 0.455p support (last week we dropped through the support).

Hopefully this kicks on tomorrow and we push through that 54p resistance

Good stuff, at least we know the pattern and that we have nothing to worry about when it drops 8% :-)

Pred7 : yeah, good if you are capable of trading it and not messing it up (my speciality!) - I have to buy and hold and wait!

Pred7 : higher high this week c.w. last week, still to see if we get a higher low but we do seem to moving in a rising trend and moving in the right direction...