Member Info for mushroomkid

Update on this question of whether these brokers lend out your shares:

So far we have:

Hargreaves Lansdown - do not loan out shares
T121- DO loan out shares (for a small fee but we would expect that)
Halifax- would not respond on a public forum (tweet)
AJ Bell - still awaiting a reply

Any others?

It is still trading at a huge discount Novice. Plenty of people bought in at this price last week who couldn't believe their luck.

Not doing too bad Jet thank you. Although Portugal is beginning to remind me of why I never try to take over Europe in Waddingtons 'Risk'. Attacked on all sides by four covid variants here now!

Still, at least I have had the benefit of a sliding SP to keep cheerful..gulp.

BUT! The tide is turning. A spark of positivity is in the air. People are coming out of the long grass, pomegranates in hand, and buying their half price tickets to the fortune currently sitting under the Australian dessert.

Jet, as far as I am concerned, Paddy can pomegranate all he wants. Any shareholders not behind GH must be fruitcakes anyway. ;)

Good morning!

Let's see that in writing DGR. Not doubting you for a moment but I think we need an update from all the brokers we use.

Yes, me too. I'm just about to go out for a walk but will also be drafting an e mail to AJBell and Halifax later on, to see what their formal policy is on this matter. I believe it will be a good idea to name and shame on a list or name and praise as it were. I'm happy to oversee it.

Haha, the 'Chod Bin'. Love it.

You know, my filter list is so full now it takes almost as long to scroll down to the bottom to press the red button as it does to read 'War and Peace'.

On a serious note, I think an option from LSE to hide filter boxes from the forum would negate the disruption caused by oddballs like that weirdo last night. Sooner or later his mum is going to have to answer the door to the police.

Good morning. A thought struck me upon awakening: If the last drill results for Havieron had been poor and the share price shot up 10%, that would have been as perplexing and disturbing as the opposite. I.e great results but price down.

We would probably be having dicussions about takeovers and the like. In other words, it is entirely appropriate to question Thursday and Friday's drop as being unrelated to the prospects of the company.

If we accept that mediocre Scally results from first drilling inspired a sell-off then we should feel very dubious about excellent Hav results also leading to a sell off.

Frankly, I still find the whole month extremely odd. Why would the share price for a company who owned a massive hypermarket go down because the sales in their corner shop didn't meet expectations?

It's got to be down to people wearing shorts. :)

Thanks CapnCarrot.

DGR//you've got me pondering on that. I have an isa with the Halifax and a sipp with AJBell. Methinks an email to both will clear up what their policies are for share lending.

Hi CP85. Thanks, I will give it another try anyway.

I want to put in a tradeplan with the Halifax which sets up a sale on the shares if the price reaches £1. My understanding is that this prevents any being loaned out by the broker to the market makers. Is my thinking correct? When I had a look at doing this it seemed a little complicated and I do not want to press the wrong button. Anyone tried it with Halifax?

Now THAT is what constitutes a great first post.

(Not one of those, 'Are you sure what you are doing? I've been a member for ten years but thought I'd post now just to save yourselves from yourselves. Please sell everything now!' , type people ).

Good morning! :)

Haha ..Panama. I've just gone for a long walk in the countryside and it dawned on me that when this share reached 25p we were so happy! Well it is almost that now again!

I used to do improv stuff and the unfortunately/fortunately warm up was great: Unfortunately, ,the share price has dipped 40% in a month. Fortunately, we are still invested in a company that is involved in the biggest gold discovery in Australia for several decades! Unfortunately, some investors who bought in the 30ps are well down on paper. Fortunately, just by waiting they will be rewarded later in the year. Unfortunately, some of the thickest berks in the world have visited today. Fortunately there is a wonderful filter button!

I'm all in but had a spare £700 lying around. Had to chip it in, dammit, at 24.25!

I tend to agree with Dodge on that. As much as I love to see the community spirit in full action, I'm not sure these £200 purchases would make a blind bit of difference. I'll give it a go though just for a laugh. (God, there's nothing else to do !)

(Hi yellowstuff!)

Well done Bamps. Another positive post from you!

We have been discussing this current situation here in the House of Mushroom.

Our main concern isn't anything to do with accepting a short term dip as such but the explanation behind it on this occasion. It defeats logic and so it smacks of skullduggery after all avenues have been explored.

I am a bit like a bull in a china shop here and broadly announced that maybe 40% of investors are indeed as thick as two short planks but perhaps that is too broad a brush to sweep in this instance and somewhat brutal too.

LadyMush simply cannot equate the logic behind excellent drilling results in a non-fashion, precious metal exploration company that would lead to a tumbling share price. There has to be some kind of conspiracy thing going on. Some manipulation of the pricing seems to be occurring and it is that vulnerability which is of greatest concern.

Am I to believe CB that if the Scallywag results are poor we will fall and if the Scallywag results are good we will fall? Now that I can understand since we could have found the crown jewels and something or someone is pressing a red down button at the moment.

I've got to admit that this incessant drizzle down on a daily basis since the new year is a bit wearing. It's tough because a lot of us are bearing up under lockdown conditions and even a 1% rise is well received but also because we got a fantastic set of drill results and the share price continues it's descent.

As Dudley Moore would have said, "Funny I fought Pete. Funny. Good drilling results and share price goes down. Funny."

Ah..hi Tig! Yes, I neglected to include the price of gold and it's steady rise in value. Also, that Mrs Miggins down the road has given me five fields in exchange for some previous sage advice. These fields glint in the sunshine doncha know..

My own analogy is simple: There is a big lump of gold in my back yard. So big that I haven't found out the full size it yet but I know it's at least a million quid's worth waiting to be dug up. Unfortunately, I didn't have enough cash to pay my mate, with the digging machinery, to dig it out for me so I have issued a million shares around the community to pay him and bought a few million myself. The shares are currently exchanging for 27p each. When the gold is dug up they will be worth £1 each minimum. For some reason, best known to the community, the share price keeps moving around but I know the gold is there and when it is all out of the ground and sitting on the lawn, well, we will see what the shares will be trading for then eh? eh?