Member Info for Legalwolf

Was listening to a Rick Rule talk the other day, and he was going through why he doesn't like investing in pre discovery juniors. One of the 'scams' he warned about was 'pump and dump' IPOs, where the seed investors get in very cheap pre IPO, and then dump the shares post IPO during the so called transformational drilling programme. It reminded me of HEX. But Rick did say that you can make a lot of money from these shares as well if you know what you are doing, and can see the P&D set up.

Also reminded me of when Minchin had very cheap shares and options at HE1, and there was speculation of him having dumped them when he left He1 (and so no notification was required). If so, he would have made a killing on top of his HE1 salary. AIM is one big casino game, with very few genuine companies (and BOD). One big pump and dump market.

Are HE1 and HEX genuine, or pump and dump trading vehicles?

"The funding will also go towards the completion of the feasibility study that’s currently underway and will integrate all of the results and ongoing technical subsurface work. That feasibility study, along with the issue work, will be submitted to the government to enable us to apply for the all-important mining license application post-results, which will enable us to advance into the development phase."

Resource will likely expand with the deeper fractured basement play. They will have "several" intervals to test. DFS also being progressed. They sound very confident that they have a commercial discovery. Huge quarter coming up here. GLA

Swissy - you can now start charging him for the tips!

Getting close to major news time here.

Also, it's clear that this isn't going to fall back to the placing price. Demand is too strong at these levels. So folk can start to buy now knowing that there's pure upside to be had from these levels. There's no point trying to push 0.45p rubbish anymore. We should focus instead on retest of 0.8p.

Could we end up with a Friday FOMO here tomorrow?

Think HE1 has found a floor at 0.7p. It removes the fear of it going down to the placing price, which many are pumping on the bb. It's a crazy bb over there right now. Can't imagine what it will be like if price breaks 0.8p.

Yes - 0.7p was Resistance and is now Support. This is a good base level from which to buy for the upcoming drilling and EWT. Very high chance of hitting more Helium on the drill, meaning there will some very good and share price moving news even before the EWT. This will retest 0.8p, and once that is breached, then it's the gap fill to 1p.

Through all the trials and tribulations here, this stock has retained its massive following, and with the cash raise out of the way, and with it on the verge of proving up a commercial discovery, it's a very decent and high probability opportunity here right now. I've added on the dips and will keep on doing so, because once the news starts to come through, you can see the herd arriving again as it has done in the past. All imo and GLA

We've had close to 4 billion shares traded already since the placing, which was for 1.5 billion shares, and are now in the second week since. This didn't even get near to undercutting the placing price and moved away from it instantly. Shows how strong demand has been at these levels so far.

Get them cheap whilst you can. It won't be long now until the first of the RNS land here.

Some posters making noise about BCE and leak of positive news - probably just nonsense!

Looks like a shakeout below the previous low of the range. Could be an area where buyers come in to take it back up towards the top of the range and a retest of 0.8p.

If you take a look at the presentation, He1 appear to be a lot more advanced down the monetisation pathway than many realise. All this needs is for positive drilling results from going deeper (highly likely given they have found increasing Helium levels at depth) and then positive EWT results (the big one).

This multi-bagged on the initial results, and so it's hard to imagine it won't do well from these levels in anticipation of the above two key milestone events coming up. The Rig is hot stacked, ready to go and could be drilling as early as next month.

I've added and happy to chase it up or down, as there should be upside from these levels over the coming days and weeks. But let's see and GLA

PP - I believe it's going to be a final NICE recommendation for use of one their drugs.

Now on the move following the recent placing. Expecting some big news on 10 July I believe.

I feared this would happen. A long or indefinite wait with no other newsflow to fill the gap, on a share with tight liquidity means you end up with a significant price drop.

Think this is shaping up to break the 0.8p resistance, which will then become the new support. All the newsflow is ahead of us as well, and it won't be long before the drill is turning again. We are talking weeks, not months, and so not much time left to get below 0.8p. Exciting times here again. Let's see what happens. GLA

Last chance to buy at these levels - it won’t last long. In a few trading sessions we will be saying 1p is the new support level.

Very relieved I opted to add to KAV, rather than buy into ARCM.

Pick up what you can below 0.8p. Looks primed for a move to 1p. GLA

Drilling is now underway. If we hit decent copper on any one of these 15 planned holes, it will be transformational. With drilling also taking place in Zim, I'd say the odds of getting some share price lifting news are stacked heavily on our favour. GLA

I think HE1 doing the raise has obviously impacted. They are drilling next month as well, so there's probably stronger interest over there right now than here. But HEX will bounce back and has a lot of room to go yet.

I've added on this consolidation. 1p looks inevitable. All the newsflow is ahead of us here, and you have to be quick to get in because they will be drilling in July by the sounds of it. GLA