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Spade SP is being held down for the professionals to load up, clever accumulating going on so they to don't spike SP, but price is coiling in my opinionated it will pop eventually
4 Days in a row they had tried to push SP back below 12.5p, 4 days in a row they have failed, are they loosing their grip or focusing elsewhere at the moment.
Blantyre, yes it is a mirky world, I will stick with it because the Gold aint going anywhere & there will be more of it, they are trying to shake off the weak but SP will turn eventually, just frustrating to watch such blatant manipulation
ATB JB
Blantyre yes I saw that, but I don't get why an uncrossing trade just cancels the transaction out and the price isn't registered, these big shorters have so much cash & power to move markets as they see fit & nothing we can do about it but ride it out.
Blantyre, l don’t get why it goes unregistered
Mentioned on telegram a trade went through at 16.35, that is February high with a slight margin, could be taking out short stops. Will be interesting to see if we can keep momentum and gain volume tomorrow or will they through another big short at us to slap us back down.
Bigal, i will go along with that
Hydrogen and not before time, gloves should be off now and time to started producing our own positive news flow and to be fair I think SD is starting to find his voice
Chester, yes I would agree with that
Freddie just need to sight tight in the corner with the guards up until they have thrown everything they have and are out of steam, then we can come out scoring with a few flashy combos and let them know who they are dealing with.
Things are going to get rough so no point in moaning about it, you are either in or out. SP is being attacked( personally I believe it to be NC, but have no proof other that where all the arrows point) something wants your shares and is trying very hard to shake them out of you, so what you going to do. Wouldn't surprise me to see the price break below 12p but not a loss until you sell, it is a tool to try and separate you from yours shares and no doubt it has and will continue to work with some. Look at what we have and you understand why they want it so badly.
This next bit is an updated post from yesterday that I think describes our position.
NC don't hold all the cards that is what they want you to believe so they can buy you off on the cheap
Think of it as a very expensive bespoke car where all the parts are one of a kind, they own it all except one of the wheels, they keep it in our garage and can only drive it on our road, without that wheel it is going nowhere efficiently , and as we own that wheel we go where they go and everything that car earns 25-30% of that will always be ours as long as we own that wheel. So if they want to buy our wheel they had better dig deep, at the moment they are giving us punctures to make the ride uncomfortable, but hey ho we have run flats, not the most comfortable journey but it will get us where we need to go, just need to hang on to the locking nut & the garage key and only alloy them to drive on the piece of road they have paid for.
If we can ride it out we will be rewarded.
This is my personal view and I hope others agree.
ATB JB
Bamps with all due respect( and I haven't read the conversation trail), no one on here should believe anything written by anyone else, yes read & investigate & ask questions but believe absolutely not. He may be the best guy on the planet and you may know him, but to suggest he is beyond question ( or anyone is) is just plain crazy and should be ignored in my opinion.
ATB JB
Walkabout , he speaks politically, but I think it is clear he has had his own independent valuations done with all currently available information.He is lot leaving it for NC to take the lead, I think it is safe to say he is doing his job.
''I don’t just make this stuff up for the sake of it…''
that makes two of us.
Antigua, yes I also had my doubts about SD but I think he is quietly planning for and manoeuvring the challenges one at a time, I am liking him more as time goes on.
SB will be stalling for a tactical reason, could be as simple as POG and NC price, timing is everything as proved by the scallywag's results just over a year ago.
Walkabout, the possibility that NC wouldn't play straight has been mentioned for a while now but the long tongue brigade were too busy idolising to listening.
Antigua, what makes you think that SD,s finger hasn't been out from the start and that while all of the romantics day dream of easy money he hasn't been preparing for facing the reality of a battle with NC.
Hun I think SD has just been playing the game while he does his own thing in the background
Dip we will find out soon enough, but I agree the longer it takes the better, I just feel SB is under pressure and will not want to pay a big number for 5%, I don't believe he will settle for 5% he wants it all. I also think we will do well to hold a low of 12p as undervalued as that is we will not see a true market value until the games and manipulation are over. We are being played, so it is important for people to realise that we have to be even more patient and remember it is only the price once you sell, until then it is a tool of manipulation.
ATB JB
DIP, maybe, or they may proceed based on their own valuation work they have had independantly reported. My feeling is relations in the public view are politically polite, but behind the scenes they are fighting their own corners and are certainly not friends. I believe SD has seen this coming and has no intention of agreeing a NC valuation. the can will be well and truly kicked down the road and all information( which SD will have a full up to date report of all facts) will be handed over to the independent assessor. NC will not like the valuation and not proceed for the 5% , the SP will take further knocking and attack on sentiment to both scare and frustrate PI,s into parting company with a low but profitable offer to many. If we can keep the number and resolve high I believe this will fail and we will go on to reap the rewards of a high share price and 30% of a big old golden cash cow.We are being tested because the stakes are very high, understand what we have and you understand why we want to hang one to it a while longer.
Just my thoughts
ATB JB
Jerryspanial l never said there was no more gold in the ground , I said the last few years historically we have mined less the the year before due to dwindling supplies, and mining companies historically have not been looking for new resources to replace those supplies.