Member Info for NoonRiser

Managed to get more FRES at 670p last week, so in profit there and looking good for further gains with the increase in metal prices and the fall of the $. The bad news from South Africa regarding the power price rises, (35% a year for 3 years) will impact the markets and we may see SA producers having to provide there own CHP plants, or even closing, which will in turn cause rises for other Co's. PYM is a solid hold and will come good so don't worry about that one. Put it in the bottom drawer with Cosalt and it will reward you eventually. (But keep an eye on it, just in case!)

Well, CSLT prelims were a bit of a non-event. Good news overall and a strong future ahead, but did nothing for the SP. Long termer now for sure. I see 'Ole Robs' is kicking off again. Rio Tinto are a bit worried that they may get nationalised, so maybe expect a drop at MWA. He really is off his head that one! PYM - Interesting. I can see no reason for the recent SP hike and I can't see it holding at these levels. There is no news on the horizon, other than a general statement due in the near future, which will not be anything we don't already know, so I'm thinking it might have been an attempt at a 'Pump & Dump' which never really took off. Always the chance of somebody buying up the company in small parcels I suppose and a T/O can not be ruled out.

I noticed PYM buys were pretty big today, hence the rise. Can't see a reason so there may be an announcement in the offing. We'll see what Monday brings, but I'll try and have some funds on standby, just in case.

Been chasing around. Receivers went in last week, 1 owner gone to Spain, the other one didn't come back from Italy after Christmas. Apparently they owe over £300,000, so I'm at the back of the queue. B*star*s ! Cosalt don't seem to be doing much, hope next week's news is good ! Hope you have better luck on Saturday.

..today, I think the news regarding the mooring repair has sunk in at last. Should see a steady climb now.

Ohh...It just gets worse ! Just been chasing up debts today and called in on a Car Body Repairer who owes me 4k. Guess what? Yes..They've gone t*ts up ! Everything locked up, yard and premises cleared, phone disconnected. No forwarding address. I'm stuffed. What a world, What a world.

Just had a phone call from a friend asking about Bodisen :BODI. He'd seen them post a 35% rise this morning and was going to buy on the strength of that alone. How can people be so stupid? BODI are a Chinese fertiliser company who were once promising but are now just about the worst share I've seen. Avoid them if anybody tips them. I checked out the rise though and they are 35% up, but without any trades ! Looks like the MM's are trying to drum up business. Oh...and it's got a 33% spread.

Have a look at the financials and that should answer your question. IMHO any money put in here has less chance of increasing than sticking a pin into the list of runners in the Grand National. There is no dividend, no profits and it seems, no market for the shares. In fact, I can see no reason at all to put any of my hard earned money in here.

Had a closer look at SPI and the 6 month chart is a horror. It is set in a solid downtrend in the same way that Cosalt was a year ago. I'd get out at the first opportunity if I was holding them. Hate to sound negative, but I can't see an upside there for a while.

I spotted SPI at 47.25p and thought you may be interested. I would join you, but cash is short at the moment. I sent my cheque to the Queen last week FRES is at 671p now and is looking SO tempting, as is HOC, now down at 278p. I'm very tempted to swop CSLT whilst I'm in profit, (very small profit!), but I feel they will add a couple of pence this week. With my luck at the moment, I'd sell CSLT and they'd double. Be OK for the rest of you though. Good Luck with Gladys Emmanuelle !

Glad to hear you're still weathering the emotional storm, if not the financial one. Yes indeed, the markets have turned very sharply. My venture back into the miners was a classic case of 'King Midas in Reverse'. As soon as I bought, they dropped to 700p and are now down to 670p. I know the sector is down as a whole on the news from China, but it will pick up again. Cosalt is a bit of a damp squib at the moment. I expected a bit of a pick up this week, but the turndown has put paid to that. Good time to be holding cash I think.

You OK mate? Not like you to be so quiet.

Fast and furious indeed - Wrong way though! I would have thought that the mooring repair was GOOD news, but what do I know?

With over 30,000,000 of the 199,000,000 'new' 1.5p shares still looking for a home, this isn't going up for a while yet.

...Women, can't live them, can't kill them !

Good thinking. I must confess that I've not bothered too much with the liquidity issues before, but as you say, selling 1million shares in 100k tranches is a costly excercise. NVTA is probably short / mid term. Once the production starts, probably March, and increases during the year, this will be reflected in the SP. Certainly don't sell just yet, even if the SP drops a bit (which I doubt). This is a good prospect in a pretty unique sector. Very similar to MONI I would guess. Interesting that your broker could sell but not buy, that suggests a lack of sellers, which is always good. I'll be looking to get in there ASAP. Likewise with KYS. The prospects there are immense. The conservative estimate is around 2million Oz, but this could be as much as 4. The Gold is fairly easy to mine, being both open cast with much richer seams deeper down. The BFS is due to be completed in February (subject to weather) and once this is published I can see the SP taking off. Again, I will be in ASAP. I am that confident, I will be redoing my SIPP to take account of the prospects. Just need FRES to hit 850p next week (hopefully more) and I can start buying again. Have a good weekend.

BARCLAYS !! Your'e either brave or mad - you decide. Ha Ha ! AKT, NVTA and KYS are very much in the frame, along with MONI now. The intention is to play the miners and build up some more funds, then look at the targets and get in at the right price. The danger is of course that it may be too late, but that's life. Can't have everything. It worked earlier in the year with ENRC and KAZ, which gave me sufficient funds to make a killing on PYM, remember? Happy Days... The beauty of the miners is that they are pretty fluid and the spreads are usually non existent, so getting out is not a problem. (Have you tried selling CSLT recently - MM's will only buy 30,000 max.) Which means that funds are readily available for good prospects. Wish I'd had spare cash today, what a buying spree I could have had. Oh well.

The 'lecky' will have been cut off by then !

CSLT.. Prelims out on 2nd Feb, so hopefully, we will see a return on our patience. MONI...Given you a good return, but as you say, a good bet for the future, particularly in 3rd World. I should have got in when you first mentioned them really, but was put off because it was a bit 'Techy'. However I'll be in with you soon. Miners.. Sod's law. I sold off all my losers, ploughed it all into FRES at 749p, which was the 3 month lower support level, and was happy to watch it rise again to 760 or so. Until the US news regarding higher unemployment and Barak's Bank Bashing hit the markets and then they dropped to 700p. They are a real bargain at this price and will be back to 850p next week (and more!) but I am totally committed now. FRES & CSLT and that's it. To be honest, I thought about selling CSLT to buy more FRES and rang Denise Robinson for an update. Decided to hold as each tick up is now 3k to me.

..all DOOmed, DOOmed, I tell 'ye !!