Member Info for loftya31

Level2 order book shaows buy side 1, 1, 1, prices 34p, 33.25p, 33p sell side 1 prices 39p This share only shows 1 mm and that is wins they are first inline on each side. Details from ADVFN.

My post at 18:58 on page 5 puts things as I see them which I must add is just my opinion.

If you read the earlier post it gives my opinion on this but to summarize I think these are be sold now on a T+3 min basis which to my mind is proved as the large volume kicked in yesterday and given a T+3 trade would not be settled until the 30/04 between yesterday and today the large trades account for approx 15 mill shares. I would say it all depends on the value you place on the share you can wait until Thursday and see if the market gets flooded or look to buy early. Please see earlier posts.

It has been pointed out to me you refer to the 30 million shares coming in to play these are been sold by the in house broker with the money going to the company. They released an RNS on the 27th with the details of what was to happen see below. In addition, the Company has placed 30,000,000 new ordinary shares of 1 pence each in the Company (the "Placing Shares") at a price of 2 pence per share, raising gross proceeds of GBP600,000 through Fox-Davies Capital Limited. It is intended that the funds raised, together with existing cash resources, will be used to acquire NGM from Crew Gold Corporation (as per the announcement of the 7 April 2009) and to advance the Company's Black Angel project.

What huge share sell trades are these, have I missed something?

Well they can close the deal for the gold mine and get it ready to create income for h2 09 also go forward with the zinc/lead mine with finance in place on acceptable terms getting it ready for production with an off take deal agreed already for the life of the mine dictated by the LME. They were also looking to off load the Brazil venture if my memory serves. If I may ask what are you expecting if you are a holder.

No problem :-) I will do a bit of digging tomorrow and see if there is anything I can add.

I will do, I take you have logged the daily trades for refernce so I will post the level2 and mm positions and changes when they happen.

I mean in a curious way as pi's we will never know what was discussed behind closed doors but the end result will be seen, I think by using a commom sense approach these shares must be sold asap and we are seeing this in my opinion so the company can move on quickly. Just my mind ticking over.

I hope you followed what I was getting at earlier with the volume etc to me it does raise questions.

As always my friend top posts thank you.

I have not looked in to cfd's bahman is the one for that I believe.

I should also point out there are the standard T+3 also T+5, T+10 and the T+20 just so you are aware.

It is what tight northerners do when there skint :-) T=Trade day T+20=Trade day plus 20 trade days before settlement it is also a good indicator of shares in the market. Why would they sell me shares to be paid for in 20 days if there were not many about? No such thing as a daft question if you don't know so ask away my friend.

Good man on the top up I did also but paid more 40k at 2.9p for me but that was a T+20 trade so we will see.

I'm in here at 3p and I am looking for a return on my holding AGU has a lot going for it in my opinion the news to really help is with regard to cyrus been sorted and on board. If I were you I would be well happy but you are right it is a case of hurry up and wait. I wish you well.

If they were to be sold slowly why has the sp gone down with all the buying taking place I think they have been told to let them go as soon as possible. Just my take on it.

The 30 million share are going to be sold via there in house broker fox davies, I think these extra shares are been traded now it is only my opinion but look at the sudden volume increase so do you wait to see if the sp drops or do you say it's worth more than the ask price now if you see more value than the ask I say buy now otherwise it's a case of fighting the greed. Just my opinion.

I would like the fact that the raising of 30 million shares would need the agreement of the major shareholders (yes/no) and in gaining agreement this would give them a heads up atleast I would like to think AGU did not make this share offer just to the big players in here out of loyalty to all holders. The new shares will be traded on the 30/04 and I think there was an agreement/understanding that the big boys would not hoover the lot up hense the buys coming through even though it only pays lip service to not getting the lot in one go. All buying on the 27/04 would not be completed until the 30/04 on a T+3 trade coincidence? Now look at the volumes for the past 12 trading days 13/04 No trades all day. 14/04 buy 1,291,416 sell 537,111 unconfirmed 0 15,04 buy 680,242 sell 364,883 unconfirmed 0 16/04 buy 550,242 sell 100,000 unconfirmed 0 17/04 buy 1,022,489 sell 1,500,000 unconfirmed 26,260 20/04 buy 823,342 sell 143,387 unconfirmed 0 21/04 buy 0 sell 437,387 unconfirmed 0 22/04 buy 0 sell 130,377 unconfirmed 0 23/04 buy 0 sell 348,741 unconfirmed 0 24/04 buy 0 sell 962,562 unconfirmed 0 27/04 buy 6,125,000 sell 1,173,729 unconfirmed 1,655,000 28/08 buy 5,804,290 sell 1,095,563 unconfirmed 2,250,000 Total shares in issue up to 30/04 212,02million + 30 milliom from the 30/04. The sudden volume increase must surely create suspicion in my opinion.

lol mm me i'm to honest I believe :-)