Member Info for marc001

**This is just for interest and entertainment only, not advice or a recommendation to buy shares**

A 2012 report states up to 500,000 ounces of Gold might be a max potential within the Clogau-St David's mine.

I asked AI to model the profitability at the mine, assuming various Gold recovery rates. At just 10% Gold recovered (50,000 ounces est) and applying a x 5 premium to Gold spot price the value came out at: £671.81 million. We are at just over £2m market cap today.

Could be wrong, but I’m thinking a placing isn't far away here. Nasty share price move today, telling if you ask me.

Maybe they do - AIM stocks do like to surprise

Seriously large amount of buy volume coming through of recent. I’ve taken a position again here this week - bullish.

Anyone know why there's a tonne of tiny small trades in Alba today...?

I can still get quotes...

Spinal_Tap - What do you take from it?

Yep, this is the point when those that aren't in it for the long haul are going to show their hand and exit.

Someone clearly knows something here…

Is it a red flag this stocks not moving while crypto is rising like crazy? What do we all think?

Personally I think the market sussed were in the ‘end game’ and these high prices won’t sustain, but could be wrong.

Hope is not a strategy - sorry, just saying.

So that holdings RNS today shows a reduction in shares held by Spreadex, with the resulting reduction exactly on the 1st Aug when that 50m buy occurred. Did a large short position just cover and buy back..?

Good lord, that's some conviction!!

30p initial SP target IMO. Then let's see what additional value news brings.

NT to buy £1k worth now, whereas 14.90 price / share for £2.5k's worth.

Not much stock and if you want it you have to buy larger amounts and pay a premium. Hopefully see 15.00 + next few days and onto 20 next week.

I think I'm happy to let POW BOD decide to when sell some or all of GMET. They know far better than any of us :-)

At the moment let us not complain, it's helping to support POW's rising valuation in the absence of other news.

Sol001 - yes agreed, the 'herd' will arrive once the SP 'takes off'. Anyone got any targets for how high they think POW could go? I saw one of SimplyWallStreet for 100-120, but no idea how realistic that is. I'd be happy for double, but will hold for more if news, etc warrants my extra patience.

From a chart perspective it looks really good here, so I've added again this morning - just over 114k shares now.

We have bullish divergence showing on the weekly timeframe on RSI and OBV indicators, showing whilst price has been falling (until very recently) we could be close to a trend reversal here. DYOR / NFA.

I agree with recent comments, we now await some news from the company that will add momentum here and hopefully take us to a more appropriate valuation for POW.

Agreed - you can already see price starting to breakout from that falling wedge pattern.

No need to get so emotional Mike, it's only a stock after all. I think I'll stick around thanks and whether you like it or not, I'm entitled to my point of view on here (sorry to hear you don't like it).

Maybe I'll buy back in at the right time, or maybe I wont, depending on what updates we might get from the company in the near future.