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You both might be crazy ...
People making a 25% profit are wrong?! 2.4p by mid-afternoon?
Relax, guys. Like everyone keep saying : We've waited so long already, what's a bit longer. Let's at least wait a week to see if this isn't just another spike (there are 2 on the short-term chart already). In the meantime criticising people making a profit and pulling numbers out of your behind looks foolish.
No Geng, it's obviously an imminent JV. That's why the share price is 1.21p with under a million shares traded today.
If this is a big week for AMC then I'd hate to see a small week.
Why don't you take the positive speculation to task too. No-one has any proof for that either.
Up to you whether you believe him.
"Ultimate end-goal is to get asset into production ... got to look at issues around the asset and make sure we resolve them."
"Halfway through Russian equivalent of banking feasibility study ... next step bringing on an off-taker to get vested into the plan/company."
"Requires significant capital raise."
"[In the past] I have liberated assets by bringing in large off-takes like Glencore (not that they would do this particular transaction)"
"Will be some interest several years down the line, but I don't think it's imminent."
I've already written my money off so I'm happy to see what way they go with this now, although I can see both sides. According to Adam Habib (from February) he has said an off-take doesn't seem likely for a few years.
Might be worth having another watch/listen of this htttp://www.proactiveinvestors.co.uk/companies/news/912971/amur-minerals-proactive-sits-down-with-senior-board-advisor-adam-habib-912971.html
Right to be cautious. We've been battered about so often. Even in Geng's charts you can see two other instances of a sharp rise followed by a sharp decline.
Maverick D, I'm guessing.
Was looking at the chart and noticed that the range recently is really tight but the volume is much higher than normal. Is there a chance someone's loading up while we're down here at 1p or just people figuring it's worth a punt?
The volume the last couple of weeks has been beefier than usual.
Nobody knows anything.
Clearly we are becoming an oil explorer. :D
The road has been a huge issue since they got the license and it still feels like they're barely any closer to building one.
Fool me once, shame on you. Fool me eight times ...
Brb, buying shares in sports bags.
Probably not, honestly, but be cautious when following the herd and getting swept up in the "8p by end of week" posts.
Sorry to say but you got "AMC'd." There are plenty of us here. Pull up a chair for the next 5 years.
If it's any consolation you'll be one of the first here to get their money back.
The whole thing stinks no matter how you dress it up. And as for the binary - 'either trust RY or sell': Why would anyone lock in losses at a near all-time low? It's perfectly possible to be critical of a company you are also invested in. I'd say it's actually necessary, tbh.
They've been 'in talks' with people for years now. Nothing new.
" I just don’t tend to post in these forums "
50 messages in the last 2 days says otherwise.
I don't think it's too big of a stretch to suggest there a piranha-like cartels of investors who move their money into a share, ramp it to death with spam posts, sell and then move on.
Aside from that - welcome to Amur, haha.