Member Info for investor33

"WOS is out there of course 😀 on rig pumping up the oil for all he’s worth🤭 "

I heard he was last seen in a Mongolian shopping complex buying very expensive shoes for his Mrs based on his expected future financial gains from PM shares...

Espen ; " Where is WOS? His silence on big re-rate here today, very telling."

We were told by the likes of Hamm and WOS that the land access consent would take the share price to a 15p rerate...No doubt about that at all...

Master ; in early 2023 soon after a 2p raise - and with PM having still no legal access to the land - the price hit 6.5p and then 7p just a few weeks after the raise....They were pump and dumps.

With micro caps there is often no correlation between fundamentals and the share price. Especially with Aim, which has underperformed the main indices by 15% this year. And Labour are going to do away with the inheritance tax break for those who invest in Aim shares.

Bigbench ; you are assuming that with micro caps the fundamentals and the price action are always in lockstep. Often they are not.

I'm watching a 30 min live PM chart. We will see what happens with the price action. So far a move up with quite a large spread. The ask is at 2.58 the bid at 2.37.

Asher7 ; my true colours are shown by the size of the holding I have in PM, which I am guessing is a hell of a lot larger than anything that you own....And probably I've held it for a lot longer too. Doesn't stop me from noticing the volatile and erratic price action though. Or the obvious price manipulation that goes on.

Gusto ; "Don't get spiked"

Exactly - if Hamm was here he would be screaming ' buy, buy, buy guys - we wont see these prices again ' right at the top of a MM spike....

Maestro ; I know. I read the RNS at 7am.

Londonsuede ; we're also waiting for PC to sign the contract which we are told ' will take some time. ' No doubt the higher echelons of the Chinese communist party will have to be involved...

Doc ; every single recent positive RNS has resulted in a mini spike at 8am and then down for the rest of the day. Not sure what it will take to break that pattern so that we go back to the proper spikes north of 5p that we used to have. In early 2023 there was a 2p raise, but then just a few weeks later the price rose to 6.5p and then a week or two later to 7.5p. And then back down again sharply. So this recent trend of a lack of proper decent spikes IMO is not so much down to dilution.

Cormie ; I feel your pain. Well done for sticking with it over all this time, and for limiting the damage through averaging down.

Doc - watch out for MM tricks. Nothing is ever that simple with volatile price action micro cap stocks. Remember that huge spike down in July last year at 8am straight after a positive RNS ? That was the MMs hoovering up cheap shares through running at the stops before a sharp spike upwards.

Great news ! It's only taken just over 5 years since I first invested in PM !

I wonder why the admin fee with PC is still to be agreed ? It must be for a significant amount then for it to be a sticking point. And it's a bit silly that PC have been advised that it will take ' some time ' for the agreement to be signed at its HQ - typical of a communist state run enterprise though I guess !

Oh sorry LondonSuede - you had already posted this.

Great news whatever.

N news.mn ;

"Currently, "Petro China Dachin Tamsag" and "Donshin" companies are extracting oil. It is planned to extract about 530 thousand tons of crude oil this year. We will have an additional need of about one million tons of crude oil when the plant comes into operation. We will cooperate with mining companies and announce additional exploration areas. For example, "Petro Matad" LLC is starting its mining operations on October 25, 2024."

TenBag/gigi filtered - what a moron.

Ten blag ; you really are thick aren't you ?

Investing medium to long term in shares, and doing technical analysis day trading with charts right down to 30 secs, and with scalp trades lasting typically a max of 5 mins using Nasdaq micro caps are two different things entirely.

You need to get your college to refund your tuition fees, as they haven't taught you much about the difference between day traders and those doing medium to long term investment. I doubt if you've ever seen a technical analysis chart in your life, never mind knowing what the numerous technical analysis indicators are.

"No one is gonna sign up to your Nasdaq pyramid scheme."

Shows how much you know about technical analysis day trading to call it a ' pyramid scheme. ' Didn't your course work at college include this gigi ?

Abzzba ; good luck then - I hope you achieve your aim on Aim...

As for me, I've been here since August 2019 and I really don't intend to remain here for another 5 years. That's 5 years of this investment doing absolutely nothing so far - no yield, nothing. Meanwhile, Rolls Royce has given a 750% multi bagger in just 2 years.

Adw198 ; clearly you take an objective view of this share and the pros and cons. That's called doing due diligence.

I tend to agree with your take on the likelihood of another raise post H1 and H2. I used to argue with someone called ' professional ' on here on the grounds that there wouldn't be another raise following the granting of the LP. Well, I was wrong, and it taught me a lesson.