Member Info for piotrmanczak

Well said. Thank you for laying this out for everybody. I have been searching for some time explanation why price behaves likie that. Do you recon AAU is still ok to invest in assuming they manage somehow this cash flow issue?

They have no cash left. Next issuance of equity on its way.

That's easy: down.

I sense no faith in this company. The money are made when no one beliefs. Just look at MTL. I know it is risky, but judging by todays RNS the management realizes that they have to deleverage to survive. Passofino may sell at high valueation because of gold price. Look at CEY. Big money are slowly moving into this sector.

Have they stopped twitter updates?

Does anyone know what is behind this price spike?

The phillipino mine, what do you mean by 40%? Is it being built? I thought they just do exploration over there, which means there is still long way to building actual mine in there. BTW I have been a shareholder of MTL also located in that country. The government over there is very supportive.

Permit is not granted, yet.

However, before we hear anything official we will see serious price action. It always leaks.

Siennaj

Good luck with that. Look at recent situation with Shanta Gold. They sold ridiculously cheap. That was a joke. Having said that, 10p would be fantastic. I hope you're right.

Any idea why shares going up recently? Some good news coming or just a bounce?

I am slowly but surely getting rich. Hallelujah!

My first purchase was 4p per share. I hope we will get there in 2-4 weeks. I am trying to get used to feeling of being a millionaire.

Did not I say 1.20-1.40? And now, when everyone is panicking: BUY!!!

Just pulling your leg, boys. I know exactly what will happen. It will go down a bit more (1.30 - 1.40) and then shoot up to at least 3.70. Why so serious?

Price relentlessly drifting down...
Will it ever stop?
Is it going all the way to 0?
Who is scared?

Don't be pus.y. It's going down to close that gap around 1.2 - 1.4, once it's done will reach new hight. Use this time to organise some money. You will have a chance to buy at those levels. Cheer up.

There is a big gap on the daily chart. If you belive in technical analysis we are for a serious pullback to levels of 1.20 - 1.30. Just saying.

I am sorry if you feel that way. I guess I will stop commenting if you find my contribution unproductive and unnecessary. I will stick to my 1m shares and I will not buy any more for now. That share is hugely overweight in my humble portfolio so I am gonna play safe from now on. Regards to everyone and my best wishes to become rich.

Voice of reason.

Don't be overly excited. A lot of things may still go wrong. Let's be careful and wait for really good news. Gold is so expensive now. From here the only way is way down.