Gold.
Good idea and smart move if our man in Morocco is good “· The Company is also in discussions with a leading global commodity trading group that would like CMR to act as its Moroccan partner to source and supply certain minerals for its global supply chain. Trading in metals and potentially industrial minerals, either in a partnership or individually, provides the Company with an opportunity for near-term cash flows
Hope everyone still in. The key to the move is the increase in Stocktwits traffic; this should force the shorts into a corner. Been hard work educating the buggers but eventually it looks like they understand the company. I’m also NSCI007 😂. Keep the faith gents.
See, good news , cash raised in holder friendly manner and 63 shares traded. Something will push at some point
Https://www.edisoninvestmentresearch.com/?ACT=18&ID=19709&LANG=
Nice posts biffa. Looking at revisiting NSCI - I think Proaxis may be the dark horse that may kick start the sp - I re-read the old Edison report which valued it at £6m for 56%. Overall, I think the market for NSCI will begin to reflect its advances esp in the light of low valuations and M&A trend. Just a feeling.
My main concern is the lack of proactive marketing of the company - new broker should produce a hefty report going into detail on all investments and explain exactly the benefits of capital under advisory or whatever its called.
Then, if they get the sp up, they can do a modest placing for £2m and use that to expand nearer term opps.
Dropped 10% on a 268k sell - its so illiquid that unless this is bought in the market, it don't move.
And no one is doing anything.
Peeps don't like stocks if you take a hit if for some reason you need to sell. [see CMRS - seller trashed it 50%]
If you get volume, it will trade normally.
Long term your fine - EV almost zero after investments
And the “support” and the placing bought by his kids immediately after the trashed it. Said funding maybe required in sept 22. So why now after he’s trashed it and not at 5p (which would be in the interests of the company- not him )
16th Jan my friend at 4.12p
"I agree with all the above. Morrocco seems to be blessed with rich mineral deposits. Luckily I bought in a little yesterday but added more this morning. The mkt cap is tiny so huge upside potential here. I'm looking for the next Empire Metals and wondering if this is it. GLA"
Not gloating, we all make mistakes - the market is brutal atm
Conceptually its an attractive price RR wise but something is clearly going on corporate wise in a very illiquid stock - with 10m treasury shares and $500k rec'd recently, doubt placing is the cause but as ever, its very opaque atm
Https://twitter.com/search?q=%23cmrs&src=recent_search_click&f=live
relevant info