Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
A long way back for most of us but from a technical perspective the double bottom bounce off 1p should give buyers some confidence that a solid bottom is in.
These white knight posts supposedly to protect potential buyers are never made in good faith anyway, as by the same token they have the effect of losing existing shareholders money. Fairly unpleasant behaviour really, people should always question their motives.
Key difference this time for me is that the analysis is independant based on actual cores & assays as opposed to just their modelling.
PXEN is on my watchlist, would like an entry around 9p.
Good for you Cox, well done. Not easy to crystalise significant losses on an investment. I agree you'd be best not dabbling here again, lesson's learnt I'm sure.
You've never shown any objectivity here Cox. I wish you the best with your other investments.
Hopefully the beginning of a new chapter and fortunes for us all!
A very small consolation for long term holders but seems to be decent support at 1p at least.
Do we think there's a possibility they're still drilling?
I don't blame you davwal. I suspect the sell off today was driven by traders with the same view as you. Once the share price starts falling everyone heads for the exit. It's right at the bottom of the channel, pretty key level here.
Molatov that's exactly Colin's strategy if all goes to plan as he's said himself.
Yes not nice at all and would explain why he wasn't his usual self in the last interview. Hoping his father recovers well.
I've also added. Exciting news imminent and the share price has drifted towards the bottom of the channel on very low volume so I see a good opportunity to get ahead of the game.
My view is Pauly that at this stage if we don't make a discovery then the credentials of the CEO are irrelevant. He has assembled a team who should have the expericence and are responsible for this. If we do make a discovery I believe he'll be very effective spreading the message, supported by an enhanced team for any corporate negotiations.
Whatever the results of this campaign I'd personally like Ben to stay on. I think there's enough experience on the board now to manage corporate activites better and if we were to have any positive drill results BT will come into his own on the business development & marketing side.
The issue at COPL is funding which just isn't an issue here at all, quite the opposite.
The stock is currently priced for no discovery in a recessionary macro environment. You'd think this is pretty much as bad is it gets.
We're certainly overdue some good fortune.
Let's hope you 30 bag here too :)
Sound reasoning to me valparaiso. Personally this is an investment I've been pleased to average up to over 5p now and will continue to do so if momentum continues.
Would be interested to hear your views and why you've got such conviction here valparaiso?