Member Info for ODONNELL

Hopeful this will see the last of those who were willing to get out at break even around 1.3p Some may just be profit takers as well, when buying at the low. However more buyers are now very essential if we are to make progress but my feeling there will not be many of them until more good news arrives, by which time they will be back at 1.1p and a new run will bring them back to 1,35p

UNLESS BUYER COME SOON WE WILL ALL BE POORER AGAIN, I HAD HOPED THE RUN WOULD REACH AT LEAST 1.6P BUT LITTLE CHANCE OF THAT

CONSOLIDATING THE SHARES ON 10 - 1 BASIS MAKING THEM 90P MAY HELP THE SP

THE SHARES CONSOLIDATED TO 100 FOR 1 WOULD HELP WITH THE SP ABOUT 135P. A LOT DO NOT LIKE PENNY SHARES

Badly require more sales before the SP starts to retreat. If buyers come in at the present price we could get to 10p or even 11p

2p is the highest over 5 years, so we could hope it regains that mark, but we have our doubts in the short term. No more buyers to day so perhaps we are now at a standstill with losing ground being the most likely present outcome.

May be at the top for now with buyers disappearing and the gold price stalling, is it time to sell 50% holding and hope to buy back cheaper? Would a share consolidation of 1 new to 10 of the present help the share price? It has with others in the past.

They seem to be gone, so maybe the end of the run until new info (GOOD) comes out. Still you can still get in t CRST and PAF they have a good run in front of them

It may be a good idea to consolidate the shares 1 new for every 100 old would make it look better at 135p share

Agree with you, have thought of selling half our AAU stock to buy back cheaper aftetr it has dropped. However when we have tried this in the passed it has gone wrong. So we now just add to the stock a few times when it is low to level out our costs. Which is tending to work. The thing is why is it dropping? Two usual causes it is going bankrupt and the news tells you so, then get out but if it is just profit taking and nothing wrong with the company keep buying at a low price. We have two others very very low and we keep adding PAF and CRST (Woodfords just increased in this one) and it is now going up so buy again.

While this one is a bit static our other miner PAF is still gaining pace today, again here, we increased our holding as it went down and am now only showing a small loss. Patience is the game and we should set a sell target price and wait for it to arrive, by holding our nerve as these are both short of a realistic price. If AAU drops much we will buy again.

Pity a few wish to get out with the prise rise as it slows things down. A lot of holders of AAU will still be losing and just those who came in fresh when the price was rock bottom are in profit and it may be those who are also selling for a quick profit. We are just in profit after levelling out when it was rock bottom. Hopefully we will get more buyers, unless the news is now to old. Unfortunately with no new buyers the SP may drift back again

Who has calculated the NAV of the shares?

Yes we know we could do that but with so many holdings we just cannot be bothered any more. We believe some actually charge for these letters. We used to go, but now approaching 80 and at present living a 15 hour car journey to London, simple not worth the hassle. Perhaps once we relocated back to the Midlands or Devon we may do that. when it will only take 2-3 hours We can get to the Orkney Islands quicker than going South to Inverness to the hospital or a M&S store etc to buy clothes, shoes or similar stores. Church is a 14 mile return journey to go to 2 -3 times a week

The price of gold is helping our cause and we are concerned what happens to the SP if Gold goes down again, which at some point it will do. The PE was about 4 which is a third of what it should be. However was the latest PE not negative? we noted somewhere,Tried to get the info up but LSE pages not working at 02.14 hours.Back in Jan. Finncap raised the target price to 31p Nice if it could increase 400% If it is going to happen it will on AIM as these are the upcoming companies. We also have an interest in AAU which has increased 25% over a couple of weeks and looks like going through the roof in the next 12 months, again if gold holds its price.

Some interesting posts by you all. As for attending meetings, we used to attend them but these days all our stocks are held in the Brokers name and we miss out on these things. Interesting chat by Kerim on UTube. Company seems sensibly upbeat and if it is getting better we should see our holdings increase significantly. We also hold PAF which also is attracting interest and is a larger holding for us. We increased our holding on Aau and wonder if we should even increase again or have we missed the boat? What sort of price realistically could we go to. I noticed some one said on current increases it could reach a £ That surly is pie in the sky, would 5p be too much to ask for in 12 months? That however would be a 333% increase. Rather a lot we would think.

Pity so many getting out early as it slows the rise. If they had remained they would have received a lot more for their holdings in the future. SP staying fairly stable considering the sales. This like AAU is finally getting noticed. Profits will be coming soon and can see the 15p mark getting reached again. Hang on in there to make a profit if you are not already. We did buy some at 15p a long time ago but topped up at the lower prices to equalise.

These small miners are at last showing some improvement. We also own Ariana which is attracting buyers. Was PAF priced at 17p a couple of years back? can it return to those heights?

At last there is an improvement with buyers coming in at last. Once on a roll it can keep going up so long as we do not start selling our holdings to soon. Once you hit 3p there will be sellers amongst us, even 2p may tempt some to jump ship. 3 equal weighted buys to 1 sale would keep me happy and the price going up. What is it worth in reality? well profit per share is the simple answer plus NAV of the company,

yes sorry missed a 3 in the first buy should have read 1.23993