Member Info for mattlilly

I estimate MMs short of 56,000 shares since Friday's open... Net change only 2k today and look how we opened... GLA

We already broke $2.30 today malkis... now back at $2.29 but all the 2017 Futures contracts out to December are over $2.30; December 2017 is $2.3250... When we firmly break the resistance at $2.30 the next resistance is at $2.44 and then the sky is the limit... Average copper price in Q3 was over $2.18 and our payable cost is $2.07 so we've been generating cashflow for more than 4 months now... Maiden EBITDA w/b November 21st...MMs still short almost 50k shares...get ready for blastoff...

We already broke $2.30 today malkis... now back at $2.29 but all the 2017 Futures contracts out to December are over $2.30; December 2017 is $2.3250... When we firmly break the resistance at $2.30 the next resistance is at $2.44 and then the sky is the limit... Average copper price in Q3 was over $2.18 and our payable cost is $2.07 so we've been generating cashflow for more than 4 months now... Maiden EBITDA w/b November 21st...MMs still short almost 50k shares...get ready for blastoff...

Blown through $2.26...where will this end...surely strong resistance at $2.30...if we drive through that, well.......

Copper just hit another 6 month high...$2.259...will it break $2.26 before close of business...? At this price we're Making $19 million a year EBITDA...

We've just blown through $2.25 on the New York Open!!!

I don't know; I guess so because it is a firm quote by TD Direct Investing for 63,000 of my shares...

2500 Offered at 83.88p BUT... I am BID (through TDW) 82.025 for 5000...81.525 for 10,000 and... 81p for 63,000...YES SIXTY THREE THOUSAND..... Now these are MMs who either CLEARLY think the price is going up OR are DESPERATELY SHORT of stock... Never seen anything like this for a Company of this size... Dare you be short/out before the Q3 Financials? We are producing payable copper at £2.07... The AVERAGE price of Copper during Q3 was $2.18... Right now we are above $2.24 (have been all morning) and RISING, having broken out when we went through $2.22... GLA!

Someone's bought 100k at 85.5/86.5/87.5/92 over the last 2 trading days... More to come...?

There is one simple conclusion from this report... At an average copper price of $2.88/lb for the 16.5 year LOM, the NPV of THIS MINE ALONE is $445m... That's £340m... Or 291p per share...wait till the analysts get their teeth into that... And this is for only ONE of the SIX projects we own...the others include a gold prospect... So...I've bought another 5,000 at 86.1p... GLA

Hi Guys Sorry for your losses in the past...I was a relative latecomer and now hold c130k at c86p average. I'm afraid I couldn't disagree with mepobre more. Four reputable brokers have just updated their targets to between 160p and 225p, following the last half yearly report that states we will reach full production of 9.5mt pa in Q4 and will be throwing off positive cashflow provided the copper price remains above $2.15... That is a massive transformation from a company that over-promised and under delivered under HAA. There is a Resource update to come which could pleasantly surprise, after which Directors will be free to buy shares... I have traded these at the margins recently, buying down from 90p to 77p and then turning the added shares about at 89.5p waiting for another opportunity to move in, which I have today with 5,000 at 85.9 so far. I'm sure you will do your own research, but I expect to sell half my core holding at twice the current price in the next year or so and keep the rest 'for free' earning juicy dividends for at least the 16.5 years mine life. A raft of commentators are foreseeing a copper deficit from 2017/8 onwards; ATYM are expecting a price in the $3s or higher within that time frame. Some of the recent broker forecasts were done on the currently known resource and a price of $2.25 so with full production of 45,000 tonnes a year you can work out that a move to $2.50 would add almost $25m to Gross Revenues... Anyhow...GLA and hope you didn't mind the response... AIMHO as usual...

See above in Brokers ratings

Click on Broker Ratings above...that's all I've got other than a post I've seen on ADVFN...

Sorry...autocorrect...Finncap upgrade...

Finical upgrade from 195p to 209p today (see above)...and that's before the resource report...or Directors' Buys...?

However, I've banked the profits on most of those 22,000 at 89/90 today, which reassures me somewhat when I add those selling prices to the bid for 50,000 at just below the market quote 2 days ago... Why sell...? I bought them on a T+20 and I have a personal rule to never pay for T+20s if I can avoid it. Looked like too good an opportunity for a quick buck, so I took it....still got c130k so I'm chilled going forward...

Never admonish...especially when you can't spell... ;-)

I've bought 22,500 in the last fortnight or so, including the 10,000 at 77p, so you and I are pretty chipper. I would have said that I couldn't believe so many people allowed themselves to be mugged by the MMs but if you've been reading all the negative comments spouted yesterday it isn't so much of a surprise... Contrarians rule OK? Today the penny has dropped that we are really doing rather well. BTW according to ted we have been cashflow positive some time this quarter... Cheers mate

I was right about PINN and COMS...clearly you have all researched this in detail... I have held this share thanks to one of those friends, but decided to take a small profit and leave. Good luck. Don't worry, I won't return here.

Has anyone actually researched the ownership structure of CRV? 49% owned by Desmond Holdings Ltd http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=84203882 Desmond is effectively owned by Emvest Nuts. CRV owns 49% in several of their subsidiaries CRV pays a management fee to Desmond (currently owed over £50k and no invoice so far this year). CRV is technically insolvent and most of the current assets are a debt of £220k to Royalty Sports Brands, of whom MP is a Director http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=260600975 £399k of debt is due to Kalimgtis and Wise Star; both due by October 2016. Pressfit is only selling agented goods, not manufactured And most of the investments have been valued by the 3 Directors of CRV (the only employees), at cost, despite collapsing currencies and poor or no trading for many of them. Finally, the 'white knight', GEM. Has anyone owned shares in companies funded by Darwin? Just look at the chart of any of them. This is what will happen to CRV...Here's a taster... http://www.otcmarkets.com/stock/RGDEF/news?id=77216 Just trying to be helpful. Good luck...