Member Info for Montecristo

I'm usually a lot more accurate than your 0.3 % average grade theroy lol

When this Brexit nonsense finally settles down, I think UK shares will fly based on value not TA

Funny you should say that. Just the two I was thinking of.

I agree, it's just the arrogance of some of the TA guys makes me laugh, I just like to call them out sometimes. I do use it as a guide, but some of them just get to carried away by it for my liking.
Its funny how the king of investing a certain Mr Buffet, has no time for it

What happened? Were we not supposed to push on this week? Lol

Yet another energy company goes bust today. Expect a steady stream to go the same way in 2019! Fact remains the big 6 are NOT over charging. They are charging a fair price to run such a business. Conclusion; its the goverment that is clueless

Where did you read that strider?

9 million free shares for Nicky

I think with 12 rigs, 2 years may not get us to a PEA on new targets but we would have a very good idea about how many more we could have. This equals $$$$$$$$

They have drilled around 2times more in 2018 than they did between 2013-2017

I agree with Filthy. For a number of years we had one drill turning at Alpala. What took one year in 2013/2014 would take one month now with 12 drills.

Will be very interesting. If they think Alpala only has around another 20% to give, that frees up 12 rigs pretty soon, if the permits turn up first quarter that's a lot of drilling in fresh land. One or 2 new discovery holes and RNS's will once again move the SP very nicely

Well said Schlemiel, let's not put up with the nonsense.

Maybe we should be careful what we wish for.
NM is always mindful to stress he has all shareholders interests at heart.( I believe him)
If he feels we are not looking after him and the board, he may adopt a more selfish attitude towards us small PI's going forward.
Hopefully he will make us all rich, obviously he is going to look after himself too.
Let's keep him on side.
You should never underestimate the human element in the decisions that people make, at every level.

You do have wonder why these TA 'experts' are not all multi millionaires

Telling us this was going sub 120? Did they have their charts upside down?

NM said in he's last interview. Production would start in about 2 years. Why would anyone on this board know better than him?
He has a 100% track record of practicing what he preaches in my 5 years invested with solg.

What's that legge girls phone number

In a situation like this the fundamentals are:
Costumer accounts up or down
Oil price/ barrels per day, problems with nuclear etc etc
You can use the PE and other measures to determine if fundamentals are priced in.
This fell big time on Thursday and continued to fall on Friday because the market did not like the update, simply as that. Do you honestly think if account numbers for British gas had stabilised or gone up that the share price would have fallen by 9%?
TA had nothing to do with it. TA is useful but too many people who use it seen to have become blinded by it.

TA had nothing to do with this, if the update had been good, the sp would have risen by 9%. Even when blatant​ fundamentals come into play the chart "experts" say how they saw it all along