George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
In my opinion this is by far the best opportunity on AIM.
Very little downside, if any and has the potential to multi bag. In this day and age it’s very difficult to make money.
Read all the posts by the pro 4d posters and you will realise that this is one of those rare opportunities to make a lot of money. Don’t let these shorters put you off. They know that they have to buy these shares back very soon or are in danger of loosing fortunes. As Porky says “ I wouldn’t want to be one of the last ones to close their short”.
GLA
So are you invested?
It’s only up 20% from Tuesday’s close because this is in the AIM platform. Apart from a couple of long term investors it’s full of short term traders or wannabes. It was amazing news yesterday, news that we had all been waiting for, the management at 4d must be gutted.
I cannot understand a lot of what this guy is saying. I’m not being ****** but surely it would have made sense to get someone to present that spoke in clear English.
By close Friday :))
I have noticed over the last couple of weeks some very large sells. One last of 42k and another this morning of 56k.
With the news that we have just had of the contract win and with Cenkos reiterating their forecast of 200+ this can only be a distressed seller. Not sure how much stock they still need to sell but as soon as they have cleared this will rocket. A great opportunity to take advantage of their distressed position. Anyone have a clue who is selling. It must be one of the larger shareholders if they didn’t have to sell the price would now be well over 150
Surprised we haven’t heard from Sang this morning. He must be really excited
Sang has taken the decision not to post on here any more.
Not because of anything anyone if particular said. It’s because I couldn’t help myself and sold out yesterday afternoon for 42p. I mean a profit is a profit. And now I want the SP to drop again so it’s not in my interests to post anything positive until I have bought back in.
I have to say Porky that in less than 12 weeks your SP prediction has changed quite dramatically. 12 weeks ago it was Bull Run to 180 and and now changed to Freefall to 22.5.
I think your latest prediction is going to be very close. I personally will be looking to buy back in around that price. Probably won’t be the bottom but I’ll be very happy to load up around that price as I believe at that price it’s a good punt.
I take it that you have bought back in again Sanji as you have turned from being very negative towards 4d and now very positive. Before attacking Porky for trading I think you should clean your own doorstep. The only difference between you both is that your are a small time trader and he is big time. I will listen to you regarding the science however Porky has a far better understanding of the business aspect. I think you may have bought back in a little prematurely.
At least his prediction this time is a little more realistic. I mean Bull Run to 180 before the 1st week in December was ridiculous
Or perhaps Porky could leverage the family fund and take out the rest of the Oliviera stock. That’ll work
Why would the company want to pay hard cash for them when they can get them for free with no risk.
Yes. There is the possibility of an investor coming along and buying Oliviera’s remaining stock. The fact that 4d haven’t found one plays on my mind. We are now only talking about finding an investor with £5mil which in the grand scheme of things not a lot of money. Surely if it’s that good it’s a no brainer for a big investor to take up the slack. Is there something that we don’t know or are the management so incompetent that they cannot sell this to anyone.
I guess it’s because there’s not at lot else to say. It’s very clear that there will be no positive news any time soon and SO will continue to selling and the shorters will continue taking advantage and the SP can only keep dropping. Yes it’s a lovely buying price but realistically it will be an even lovelier buying price next month.
Unfortunately for Porky is that he started to believe his own bull….
@bhotsher. Thank you for sharing. For me, this reply just reinforces my thoughts that this investment is still a very long way from bearing any fruit. I think that SO is well aware of this hence him selling all his shares. I also believe that it will be inevitable that more funding will become a worrisome issue.
Ed is probably saying early 30’s because he’s hoping to buy back in at that price. I think he bailed out around 50 because since then his posts have become negative. He is normally very bullish. I think a lot of investors have done the same (me included) although we still believe in the company. To be honest I’m surprised that anyone is buying at the moment because with the current sentiment, SO still having nearly 7% to sell this can only go one way . My guess is that it will get down close to 30 and everyone will buy and as Porky says it will be like a coiled spring. All very interesting.
“I mean come on does anyone really buy into any of the following BS lines people post when they want either a lower entry point or a to support a short: -“
With all due respect Porky, I think quite a lot of people bought into you persistent line of “BULL RUN TO 180 before the first week of December” They must be totally gutted now and like you are regretting that they invested. I’m quite surprised that you are relentlessly giving advice because in all fairness I think you lost all your credibility now. You are obviously in very deep here but please don’t keep advising other people to join you in this catastrophic disaster.
Ed. These are my thoughts exactly. I bit the bullet yesterday and sold and atm I’m 12k down. But I’m planning to buy back in the beginning of March hopefully before the oncology results arrive. My guess it that this will drop to low 30’s by then. It will help soften then pain for me.