PYX Resources: Achieving volume and diversification milestones. Watch the video here.
This is trading just like eua at the beginning of its mega rise when it was around 0.7-2p.
Lots of little constant buys coming through.
5-8%days with some 20% days.
Word is getting out about how undervalued this is as we keep nudging to fresh highs with the occasional spurt upwards.
Any slight positive rns will give it another push and of course lots of people selling way to early as they can't sit still. Don't be one of them. Ride The bull, don't get off it when it moves like this. Yeeeeeehaaahhh!
Zakmir had a price target of 1.8p after eua started going up.
It hit 4p within days and the rest is history.
6.75 is not a bad short term target but any half decent news on this and it could be straight into double digits without looking back.
Absolutely fantastic to see Paddy is here.
I 20 bagged on ggp and one big reason I held was paddys updates especially the sat images.
Great to now see he is in ECR and holding firm.
There were honestly months I didn't even read the ggp forum and just searched for paddy to read his posts as there were too many ggp posts to sift through. The best contributor I've seen on lse without doubt.
You can see from the time stamps.
2 sellers of 1m and 300k allowed the buyer(s?)of 2×500k and 2x250k to come in and mop them straight up. Then you couldn't buy at that price any more. I tried to buy some there myself at 4pm today and couldn't even get 50k. Now I see that's why. Others were too quick.
Also, since ggp did the JV and gave away 70% of haiveron, gold has gone up 50%.
The average profit margins of gold miners will have gone 3 or 4 TIMES assuming gold extraction costs an average of 1000 dollars per ounce. (Ggp did their jv when gold was around 1200)
When profit margins go up by this much the value of assets like ECR in comparison go through the roof. Not only is there huge demand for exploration, the margins are way higher.
I wish more people would understand this.
Ecr could literally go up 100 times. Ggp has largely done it's move, there maybe another 100% but it's done it's 500x from the low and will very unlikely even 5x now.
It wouldn't surprise me if this hits 5p very quickly.
Ecr Are in the perfect place at the right time for gold prices. Lockdowns and blank cheques given to governments only make gold more attractive.
A little 20m cap tiddler that could be sat on £10bn+ in the ground can easily go up 25-50x when things start kicking off.
I've looked around a few gold plays and they're either garbage, overpriced, fully priced, but this seems very cheap.
Could easily be £100mn market cap imo.
Helpful, I got fed up of reading this board years back with all of the deramperers.
I see they are all still here.
But Zumore made some very good posts a few weeks ago about red rock not only loaning large percentages of their cash balance to different companies and writing the money off...But even more worrying is taking further loans out, whilst using a subsidiary.
This is extraordinary and it would be good for you to comment on what you think of all of these loans to and from the company. Lifestyle company is one thing but this? Does this not concern you at all?
For the record I hold a tiny amount of shares and am not too bothered if the share price goes up 10 times or goes to zero.
Do one foocare lol. See if I care. It doesn't bother me what people write on forums at all on any stock I own.
It's the company and its assets that dictate the share price in the end, not a bunch of numpties posting on a forum.