Member Info for Miner1

Gsent. Your theory might be good, but your timing is terrible

It seems to have started before I expected. It bodes well for a strong finish to the week

I think that it's now pretty obvious that it wasn't a dead cat bounce. The sp has simply followed a quite normal pattern for many companies.

A quite large increase first thing, followed by a fallback that still leaves it above the previous day's closing price. I wouldn't be surprised if this afternoon there may be another bounce that might even take the sp above 50p. That is a quite normal pattern. Why the afternoon bounce should occur so frequently is a bit of a mystery to me. I've read that in some instances, it could, possibly, be down to the large liquid lunch, that some professional traders are reputed to indulge in, making them overly optimistic and generous with their clients cash.

What I normal? Generally, you only get "normal" on the discussion boards of well established companies, not on speculative companies like EEE, where everyone seems to have a different opinion. I enjoy reading it all and sometimes there's gold to be found among all the chit chat.

I'm happy with the EEE charts today. Especially the intraday chart. It's good to see that the sp has reached 50p, even though there's been some profit taking this morning. Long may the rise continue. I've no comment to make about the technicalities. I leave that to you experts. You know far more about mining than I do. I'm just happy to be along for the ride.

I often rely on sp charts to tell me what will probably happen to the sp, But it's impossible for me to tell from the current chart if the sp might go up or drop.

The sp has been bouncing up and down within the same fairly narrowish margin for sometime now. I suspect it will continue in the same way until we get definite news such as we might get in the MRE next month. If the news is good enough the sp could take off, perhaps double or more within a day. Perhaps triple or quadruple within a week of the MRE. Even that could be a conservative guess.

All just my conjecture. I'll probably be proven wrong.

Doc83.

I'm not unaware of that possibility

That has always been my motto. Even if I think the trend should be going the other way. Never try to buck the trend.

The RNS said nothing new. Information wise, we are still where we were last week. The MRE, if it says what we want to hear, might be the game changer. Until then I'm not putting in any more of my cash. It's still a company without a pilot plant and no visible way to forward to mining and processing what it has without bringing in another company to do the job.

In my opinion, its still got a way to go.

Arctic

It's best to forget.

PiesandPints

So called attacks are usually the figments of someone's imagination.

A few ordinary shareholders, who don't know each other, happen to decide to sell at more or less the same time, probably to buy themselves cars or houses or holidays or somesuch. We'll never know why they sell. Coincidentally, the price might go down, So the banner headlines in the board is. There's Been An Attack on the share price! Also, as you pointed out, the share price can go down despite a larger number of buys than sells and up if the reverse happens

None of it means that attacks on the share price never occur. My belief is that such attacks are relatively rare.

The rest is down to the vagaries of the market and some shareholders over reacting.

I am a shareholder and have been since I bought in at 56p last month

Has anyone noticed that the sp has dropped by about 8% since the RNS?

Cev

I've got access to a plethora of very detailed info and opinion on every stock on the stock market in most countries, but I still make a pigs ear of investing.

I got in late on Empire. I bought at 55p and seen it rise to about 70p before falling back.

There's a lot of potential but is the BoD up to the task? I don't know.

Cev.

The capitalisation and metrics look decidedly shaky. If Empire don't have the wherewithall to get the stuff out of the ground, process it and sell it, where do we go from here?

What do you think?

We go. Will we ever see 70p again

I have difficulty understanding why the sp is staying down when there are so many buys.

Is it because the market as a whole is fairly static today?

Whatever the cause, it's annoying.

The sp facing strong resistance at 59.5p at the moment.

One thing I've learned about shares is that you can't rely on companies doing what you think they should do.

What you're left with is how effective they are at what they do. That is something we have no control over.