Member Info for Impecunious2

Thank you, KB. I think that's right. The drinking habits of the City are not what they were in the '70's. "It's not cool to be drunk," as someone said to me the other day.

Aden, they are born every day.

The 9 is a fictitious price; the trades at that level have a value of £1 or less. The price for proper transactions is about 8.6.

Why the fictitious price should have been created, I do not understand. Perhaps it's a Christmas joke by the market makers, to tempt people to start drawing rockets again. I know when I was a broker, we used to play games with the price, after a few drinks.

Hi Richy,

This says something about the intellectual quality of those who use this website (present company excepted, of course).

Yes, the great blessing of the fund raise is that it has driven away those two creatures who appeared yesterday. And it's stopped Nap from drawing rockets, at least for the moment.

Hi, Tier

Brad would have negotiated the issue price some days ago, and at that time the discount would not have been so large as it appears today.

I see my previous message has been censored. Suffice to say, that the deleted letters include the French for "late."

i have always thought that anyone who uses emojis is mentally ******ed.

It's true, Rob. We've been through some hard times. I thought Newmont and/or Agnico intended to bankrupt the company, in order to buy Anza on the cheap. And it's clear they put up a lot of resistance to completing the deal on MMA. But I was wrong, I'm pleased to say.

I never once thought of selling, having decided that I would go down with the sinking ship, in the best naval tradition.

Hi, Rob

You're flattering me, by calling me a trader. I sold a small amount on news about ten days ago, and bought back in at a slightly lower price two days later; but this was only because I had to switch some from the dealing account to the ISA. And today, this master trader was going shopping at the relevant time, and therefore sold none at all.

A second George Soros, I think not.

Hi, Ripley

If it's any comfort to you, I bought GGP at 3p, c. 2010, and saw it decline to below 0.1, before rising to 35. I sold out later than I should have done, at 15, in 2021.

But as a general rule, I agree with Seingred; "long term holding of AIM stocks is folly."

Price is about 8.8 to sell at the moment; so the fever has subsided, I'm pleased to say.

I see Goldencar has been re-incarnated.

Presentations don't shift the price. Drill results do.

We know how this conversation ends, so I shall anticipate it now. The Four Yorkshiremen sketch by Monty Python.

https://www.youtube.com/watch?v=iEIApUNVBKg&pp=ygUidGhlIGZvdXIgeW9ya3NoaXJlbWVuIG1vbnR5IHB5dGhvbg%3D%3D

Hi, Rob

The last sentence is right, I think. Looks like Pep 15 before Christmas, and Pep 16 after.

I'm happy to have the Bank of Nova Scotia as a substantial shareholder. Canada's third largest bank by deposits and market cap, founded in 1832. "A member of the London Bullion Market Association and one of fifteen accredited institutions which participate in the London gold fixing."

They have bought 5.7% of OMI. Ask yourself a simple question: do they know what they are doing? Answer, probably yes.

https://en.wikipedia.org/wiki/Scotiabank

If there are two people who each own the same amount of shares, this does not mean that they are equally invested. One of them may own a house, be on a salary of £50k a year, and have a portfolio of 30 different stocks. The other may be renting a room in a shared house, living on the state pension or the minimum wage, and have put all his capital into OMI.

The second is much more heavily invested than the first.

It's clear they are not going to do a j.v. on the whole of Anza, but may do on some parts of it; and that Pepas is so well-suited to becoming an open pit, low cost, high grade mine, that they intend to keep it 100% owned by OMI.

The prose style is elegant, and slightly archaic. "May their stay be long and profitable" means "I hope that their stay will be long and profitable."

On the timing of further results, my guess is Pep15 before Christmas, and Pep 16 after. But I may be wrong; I often am.