Member Info for Pacman121

Yea kind of. They've won the opportunity to buy the interest essentially. They will need to come up with the cash hence the sp retreated from the 0.89ish mark as people will be wary of a placing and drop in sp. Given the year low was 0.4p (0.45 to buy) and we generally see a bounce soon after a placing, when people cash in their placing shares for a quick profit and new investors take their position based on the placing price being hit, I don't really see much of a drop to be had (may even get placed at a premium if one actually occurs!!). Have taken a moderate position at this stage awaiting the next sign. Good return either way tho i'd say. Ahead of the curve is the place to be :)

Yep, buy now for 0.65p or wait and buy much less for much more later. Always pays to be ahead of the curve.

like its being deliberately slammed. Think its worth putting another order in shortly....

to get this moving. Buying seriously limited. Will move when a mm's have more shares to play with. Good win here.

...

How do the MM's get away with dropping a share price so much on bad news on launch of an RNS? Obviously people will want to sell on bad news but, for example, to open a share 50% or 70% lower than the previous day before people have started buying/selling seems unsporting. Whats the official take? Cheers :)

lol yep! Bit like TVZ.

explains why all that money piled in here yesterday!

Now this is more like it. Why o why were people selling this today? #shocking #didn'tknowwhattheyhad

Well this is a truly insane drop. Quite a few on my watch list have gone red on small volume today. Assay results in a few weeks. 8p broker target. 5p Zak Mir target on the TA. Overwhelming results on preliminarily holes. Encouraging evidence to suggest assay results will be as suspected and we are down 14%.

Yea think its gonna bounce hard off 2.5p and create a new high/low. Then we can say goodbye to sub 3p.

Don't forget this was running at 2,3p before the surge yesterday so a lot will be taking profits which u can't knock. There is definately a lot of interest here and we did open and excel into a strong start. People will now be waiting on the sidelines a little cautious of the best entry price - but they will be joining at somepoint. The broker target here is 8p and Zak Mir has targeted 5p short term on the TA. He's been on the button a hell of a lot recently. We saw spme big buys go thru yesterday at close to 4p, so we brilliant assay results expected soon this does offer an exceptional value return.

Nice one.

Just over 80 million by my count. Very few indeed :)

Average copper grades sit at around 0.7%, we are hoping for up to 7% copper grades, ten-fold the average. We are looking for a high grade mine that offers good returns for low capital expenditure,” Clayton said in an interview. Recent discoveries at hole R325 at the site have intercepts including 5.6 metres at 3.2% copper, 2.7% zinc and 0.7% lead. The company is aiming for 5 million tonnes of ore over an eight-year mine lifespan. It wants to build “the most profitable mine, not the biggest,” Clayton said.

They seem very confident on these being spot on.

Researching this one tonight, but with the sudden spurt literally after lunch and the £46k trade I'd guess someones accumulating. If it was under the radar before it def isn't anymore. Shares are limited, money in the bank and funded with assay results on the way. Did I miss anything? Looks like i'll be picking up some of these tomorrow. Drop towards end of play was overdone on the technical side and that was before the big trade showed up (Assuming a sell doesnt appear to kep it company!) Seems the MM's may have paniced trying to control the situation.

MM's are pulling up their pants lol

These guys are doing very well and have big business on the cards what with their line up. Not sure why the dip today but money does move about on AIM. There is a lot of support at this level if its any comfort ;)

lol, so what happened?