Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Suthy: Sold my vela ( on stop loss) at0.02p a while back. My average had been 0.025 and had sold some nearer 0.03 so all in all was about even. Better to invest in the companies that vela invest in. My little flutter here (£1500) was from profit from Ensilica.
Https://www.lse.co.uk/rns/VELA/163250000-investment-in-skillcast-group-plc-08q6vlhnoafbyso.html
another investment picking up nicely......but still below the 37p buy in.
Ensilca is proving a good flutter at 31.5p. Should be back up to 50/60p in the coming weeks as it was way oversold in my opinion. Wish I had bought a few more now, although I did add a few Cornerstone on the pullback yesterday
Suthy is just a trader. His style is not to my taste but I would just ignore him. It's quite easy to do.
Also being a trader my main thought is to whether this has hit the bottom or not . I'm glad I resisted yesterday as sentiment is low and being driven lower by the downtrend in bitcoin.
I think I will look to get in below 1p now, although I can't say for certain it will drop that low.
As for the company as a whole I gave up trying to work out whether it is a legit business or a long running 'farce' quite a while ago. In truth it's probably both.
Cornerstone still motoring and must be close to profit ?
Wish I’d added some at 6p a year ago!
I have built a position in Ensilica now at 31.5p.
Seems better to gamble on our investments at a low rather than vela itself! Enet is a good example and have done well trading that recently .