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I would be delighted with £1, but the current price is amazing.
Back in 2000 I had a wonderful time during the dot com boom. I remember being on holiday in Thailand and on each of two days I made a paper profit of £9k (which I did later cash in). That seemed unreal.
Today, I made a paper profit of £206k. Just unbelievable.
Palladium One is a Canadian company that is drilling in Finland not far across the border from MoncheTundra. They have just released this video which is an interesting background to exploration.
https://www.youtube.com/watch?v=OqJazlsTO1c
I have been invested in PDM on the Toronto Exchange for a while and it has done quite well.
Anybody have any idea what is happening with this share, dipping then coming back strongly?
I spent last weekend researching shares and this was my number one pick, which I invested in on Monday. It rapidly rose on Monday morning - which appeared to be due to my investment. I couldn't believe that my buys (total £10k) had such an effect on a relatively large company, but I was watching it on L2 and I could see the effect. There must be a very small free float of shares.
Then it all went pear-shaped for no apparent reason. Then today it went back into profit. Crazy.
I have been very pleasantly surprised at the goodness of people on this chat board (compared to some boards I could mention). Let's just ignore thanglan as the exception.
I was delighted when Jurado suggested McMillan as they were brilliant with my Dad.
As a reminder, go to
justgiving.com/trx
or
https://www.soft-touch.org.uk/donate/
I am surprised that there hasn't been more reaction to the culmination of this great charitable idea. I hope Jurado soon comes back with his/her charity. Can I suggest that he opens a JustGiving account so that we can contribute, specifying TRX/LSE (donor can be anonymous or not).
I pledged a grand originally, though looking back I can't see what exactly I promised to do and what the conditions were (I predicted a price of 2p!), so I will make a new one.
Firstly I will of course give the £25 to Jurado's nomination. Then, once the EUA sale goes through, I will donate all my TRX profit to charity (currently £15k) and that will include £1k to Jurado's charity (unless I dislike it!).
To be more specific, from the RNS of Sept 1st:
"The Monchetundra Definitive Feasibility Study (DFS), contracted to CKE and EMR (both defined below), is in the final stages of its development further to the successful completion of geotechnical and other studies performed by Gipronickel (an engineering arm of Norilsk Nickel) as well as an audit by Wardell Armstrong International."
Roger, you stated "We witnessed the FSP draw to an unsuccessful conclusion."
I don't think is true at all. The FSP ended when they were down to one bidder (NN) who have spent the time since verifying what it is they are buying.
Risk and deciding whether to invest is a funny thing. I have well over a million quid on paper in EUA, which cost me £30k.
If I had a million in the bank would I invest it all in EUA? Of course not.
But now I have it I am not selling!