Member Info for mercedesman

I got it off craigslist from some guy called Pablo Escoba?

Rattled the sofa and picked up £6k at 0.59. Looks like its going back up

Oh gawd, Sean doesnt even realise we have $35,000,000 sat in the bank 😄😂🤣

No dilututions ever again - no placings ever again.

6 months to production Phase 1 and millions per month revenue

Major construction works June/July

Major resource upgrade June/July/Aug

Its beginning to look a lot like Christmas 😎🎄🎅🏻💰

Short sellers are going to get slaughtered. Im adding on the dip

Good morning team : )

Yeh, rule No.1 never invest money you need, at any time.

If things were to get delayed or go south you have to be able to put your feet up for 6-12 months and wait for the solution. Needing the money by a specific date could force you to sell at the worst time.

Always have an emergency fund too, I recommend 10% of your net worth in physical gold.

True story…

You know when I started investing I came across a company that seemed to have a superb business model, I had £10k to my name, and I stuck the whole lot in.

Things took a turn for the worse not long after, the CEO gave contradictory reports, numbers didnt add up, something didnt smell right, but My 10k was down to 8k and I didnt want to sell at a loss.

A month later and it had plunged, my 10k was then worth £4,500. I was distraught. I had to decide, do I let my ego run, and hold the position potentially to zero in the hope it recovers, or do I swallow my pride and sell, at a 55% loss.

I sold.

The very next day the company went into administration (LION Lionsgold)

The company I put the funds into ended up going up 7000% (GGP) and after a few other trades I was sat on a half a million.

My ego was 24 hours away from costing me everything.

If you are sat on a fat loss, do not let your ego cost you everything, instead realise that you paid “x” amount to learn an expensive, but very valuable lesson.

Urban you asked why the upswing now, I think there comes a point in a share where you switch from the traditional pattern of: buy before news/sell on news/repeat, to a holding pattern. The switch happens when investors start to fear the possibility that if they sell it wont come back down as there is a solid stream of news due. This becomes self fulfilling.

For KOD that switch came when they announced that the long lead items were getting shipped in June and that drilling results were near. Suddenly no one is selling.

Update today, but no one is selling because theres more coming

When drill results drop in 1-2 weeks no one will sell because we all know the Sat images of concrete and crushers is coming soon after,

When the heavy equipment RNS drops we will only be 2-3 months from production so no ones selling, and so on so on.

And all the while this happens, word spreads about a stock that just keeps going up and up and more people get in on the action. It snowballs.

Personally I think the next significant retrace now will be after production starts (some will anticipate a quiet period between DMS successfully starting and Floatation construction)

But between now and Xmas at least, there is Zero reason to sell.

This move could be huge, People know it, And thats why its kicking off 😎

Swazers you pump out charts faster than the Fed prints money, and then you delete the inaccurate/wrong predictions, and go on the forums saying "oooooh look how clever I am" now sign up to my alerts. you are no better than Damien.

And everyone here is aware ive been here since Nov 21', im not the trader mate, you are. I blocked you on twitter by the way so you cant keep tagging me in your gumpf, it was getting really annoying. Im not your promoter.

much love and kisses xx

Great day everyone, 18.5%, im off to the gym, leg day : (

Relentless buys, is this institutional?

Son of a *****!

From memory Bernard has around 200m shares so if there is an offer he has a very strong incentive to achieve maximum value.

Sounds like the first round of assays wihin a few weeks, and a second batch + resource upgrade soon after. Lots of newsflow! : )

Ha ha, Damian from Buy Hold Sell is probably bankrupt, he was spread betting and went in heavy on Prem, I begged him to reconsider privately, and instead he doubled down at 0.2, I would imagine he is hiding from his paid discord group right now. what a joker.

Looks like brokers are losing faith, now unable to trade on IG spreadbetting.

I would like to see KOD sell off the main asset for 2-5p and then look to repeat on other Lith deposits. they have hinted several times at securing new similar licences. And there's the gold, which rightly is not a priority now. Get the cash flowing and then pay more attention to that next year Bernard. cash is king and will allow us to retain 100% of the gold project, or have a commanding position in any JV talks

Yawn

Prem RNS, still cant achieve SC6

5m buy followed by a 1.8 💰🚀

Welcome Jock, smart move, say no more 😉

Morning all

(5001)