Member Info for Lenin

Point Taken ...I am trying to post ..on the hoof while working ...Hope you are not offended by this spelling error .!!! Rgds Lenin

One thing I have recently learned about Scottish Gold ..it is just like Scottish Whiskey ... Premium Quality !!!!!...

In the 1630s there was Tullipmania ...Now nearly 400 years later we now have Tullowmania .!!!... Despite the passage of time the name of the events hardly change ...People do not change either ... People rush to buy in and then they rush to sell out again ...

Apologies typo error .mining...!!!

Since the spring I have held shares in either Gold or Oil .... Setting aside Scotgold and the future prospects with Scottish Gold miming .. purely as a commodity to be invested in the Gold Sector looks to be the safer bet of the two ...

Many thanks for your information I have never been to Scotland so appreciate the information on your post which I will study when I am in a better situation...Rgds Lenin

Many thanks for your information ..as I have never been to Scotland I appreciate your post making the situation a little.clearer

As I am an investor from the South of England I just wondered if any investor who lives in Scotland has any knowledge on the Scottish Government in relation to another Lockdown and how Scotgold could potentially be effected in relation to mining ???...I am reading in French online newspapers that there is a big spike to 40 000 Corona Virus cases in the space of 24 hours on Friday ...Now obviously Britain is not France but if the same thing should happen here could the mining operations be suspended or this is unlikely to happen .??..I am happy to keep my money invested here whatever but I should soon be receiving a second tranch and need to decide whether I wish to invest more in the hope for a greater gain / reward but to bear in mind there are no certainties ...As I do not understand Scottish affairs North of the border I am very grateful for anyone who can comment on this situation ...Rgds Lenin

Although this does not directly relate to U J O but rather more indirectly is the situation with the Corona Virus ...I am reading in the French online newspapers that on Friday there was a very big spike in Corona Virus cases to well over 40 000 in the space of 24 hours in France with the full effect of this still to be felt ...Now obviously France is not Britain and I do not know if there will be any effect at all on investor sentiment were the same to be repeated here but any company related to oil may cause uncertainty for potential investors ....This is meant as a statement only to say ..To automatically assume a Multibagger is in the waiting cannot be guaranteed at this stage ....in other words to make sure investors keep a level head about the situation ...

What you are saying sounds even more positive...I only found out about Scotgold a few weeks ago by accident online after having a very poor period trading shares in different sectors over the last few months ... I still have very limited knowledge of this company ( but have previously held shares in Pan African Gold ) but I have only invested money today while I waited to see what effect the placing had on the shares ..This is the sort of company share I am happy to throw the kitchen sink at in the hope of a successful outcome !!!..Best of luck to everyone here who may have been much longer term investors with.Scotgold . .......

Trying to predict the movement of shares is like trying to predict the weather forecast ... You may pick up clues and market sentiment but there are no certainties .. However S P Angel have hiked up their target price for Scotgold to 182 p per share ...as the situation currently stands which takes into account all liabilities and the recent share placing etc.. Then this also does not take into account the upcoming mining projects etc.... Simply as a guess it may stay the same for a little while longer and then hopefully go into outer orbit which is how A I M shares often move ...

No you are not accurate ...in his last interview he said Wressle would be running by the end of this quarter ...This allows him a lot of leeway as he knows he cannot be exact as to when Wressle will be finished and ready to go ...

A very late search means I have been able to awnser myself what is the current Iofina Share Price by checking the Hargreaves Landsdown chart which shows a climb back up at the very last momment to.the I S E price ..For some reason.the Google chart is a little slow as well as my own trading platform ...

Err just a quick question ...can anyone on this B B say which is the accurate share price Iofina finished on ????....The Google chart shows around 12.60 but I S E are showing 13.125 .... obviously one must be delayed or something but which ..Just nice to know in case it happens again in the future ... Many Thanks for anybody who is able to say which one is accurate ..Lenin

Yes I agree with what you are saying ...Sometimes shares and logic do not always go together but then share investment are only a reflection off peoples logic ...I mean some people prefer to ignore the good or bad financials of a company simply because they like the name off that particular company ...Sometimes this can pay off but not always ...I mean just look at what happened to shell shocked investors of Thomas Cook when they went under ....I admit I done this the wrong way round putting money into Iofina before checking the financials off the company ...But now I am studying the financials I definitely like what I see and hopefully patience will be rewarded for everyone here ..Rgds Lenin

Had a chance to catch up with some stats about this company on Simply Wall Street ...the company moved in profit this year ... earnings forcast to grow by just under 80% ....they give a fair valuation of this company ..of 56 pence per share ...Off course investor sentiment does not always reflect the proper valuation of a company ...

One extra thing I wanted to add to my previous comment ..when I last sold out in the summer it was basically a panic sell because I had little understanding of the movement of this share at that time as it appeared to be crashing ...Had I waited a little while longer it recovered quite well ...And that is the thing I have noticed about this share ...I know some investors here must be frustrated it has not gone higher but it has proved to be quite resilient in these Covid Pandemic times we are living in ..I mean there are shares for example in major blue chip companies that have faired much worse in these strange times we live in ...For example some of the major oil companies or even the supermarkets are shares off major companies which have performed much worse during this period ...So possibly at the very least this can be viewed as a safe haven share .....

I brought shares on the dip ( 13 p) here today ...I had very briefly owned shares here during the summer months ...one thing I noticed wether for better or for worse there seemed to me many more share trades here at the moment ...I seemed to remember some days in the summer there would be a struggle to reach double figures ...I have been studying the movement off this share ( from time to time ) since the summer .. hoping I have a well timed entry ...Good luck to anyone else who has been invested for longer here ...

This share is still managing to keep to its .16 tightrope which it has done since the 21 st September ....A very calming period after what had happened beforehand ...I think it is the Chinese who have a saying.... patience has its own virtues .... Pleased to read Wressle should come on stream during November ....

Eish .. apologies for a very late reply...( I have only just been reading the messages ...As I only have one tranch off money at this stage I have temporarily pulled out off Pan African for now as I am aware off an A I M gas and oil company which I am hoping will have a big jump in their share price value by middle to late November ( I don't know how many chances people get at in life but if I don't go for it I may regret not taking the chance for the rest off my life) ....I cannot promote other companies here but if you have time to search either West Newton or Wressle that will give you a hint of while I am not here temporarily ... However I should soon be receiving a second tranch off money ( though sadly I have had a small delay to receive it ) ...so if fthe Pan African Share Price stays around where it is now then I will place the second tranch off money in here ..It's a good solid company and always plenty of friendly post to read here ....Good Wishes Regards Lenin