Member Info for poortrader

I take your point Faramog/SoTRR, and am not questioning that BMN is a good investment (though some clarity around when/if a dividend policy will land would be nice) particularly at these prices. Mine was more a commentry on the tone of this board. As one of the first places a new investor may look they would probably hope to find discussion around pending news, past performance, perhaps even a balanced debate about risks/disappointments. Instead it's more 'you worthless ameba, I was quite the pugalist in my day and will have at you...'

I have, and was a former holder here waiting to get back in once funds permit. I think its a good company, and the best way of getting into the vanadium game. My point is more around this board, around christmas there was repeated talk of 2-5 pounds per share by the end of 2019 like it was a done deal...the price is now less than half what it was then. Long term, maybe, but still...

Same blind optimism (what happened to £5 per share?) followed by same snide trolling. Of all of the LSE Boards feels like a cross between a cyber bullying hub and a cult. Haha!

The two 1250000 trades back to back are in as ordinary trades, but with delayed publication so usually OK. You could be right, I don't know what difference an isa move has

Looks like £3m buys today, massively outstripping sells yet even with the spread reduced by 10pc we are still down. Strange. Yet meaningless anyway I suppose

MW point - Burford claim that they have made x amount of profit, but infact some of the companies value is based on y number of litigation cases being won. Nervous investor...ooh sounds dodgey, best plough my money into biotech or a ride hailing app.. which has not generated a single penny of profit, and despite the huge annual losses has future potential to make money. Not unlike winning a court case...hold on? Haha

That seems to be the case for many exploration companies, as in the resource is either sold or a large mining partner is found and often a profit share is struck. Cora are up almost four-fold since May so there are a few explorers on the up. I am confident that the Cresswick results must be positive, if not and they continue to share tweets indicating the contrary then that would be verging on the illegal. News soon I hope!

SolGold now have a broker target of 70p without ever having dug anything out of the ground. Wonder how their gold reserves measure up to get that kind of target

I appreciate that its frustrating, but there is nothing untoward about the share price fluctuations and there are plenty of shares that release a positive RNS only for the share price to rocket and fall. This can even happen in the same day, good news - boom, but then sellers weigh in and the company actually ends down. Everybody has been waiting for news on Cresswick - it may be positive, it may not...but if it is then this should draw the attention of more investors and potentially a re-rate. Time will tell.

For a company with a target price of £20 this is great value at the moment. What has changed since last week when the price was £15ish? Has the company lost billions of pounds in revenue or assets in 5 days? Nope, games were played, people were panicked, share price plummets. Seeing the buying opportunity people will just as fickly pile back in, the short shares will be bought back and at some point in the coming weeks, months or years balance is restored. So the theory goes anyway. There is an option on the lse board at the top under 'more bur information' now that shows open shorts, very useful.

For what its worth, share buy back is when a company effectively removes surplus shares from the market so existing shareholders hold a marginally larger slice of the pie. Given the fickle nature of the markets, and AIM in particular this can have a varying degree of impact as the share price is based on the price of a company (mcap) rather than value. Value is driven by company performance, bog standard net assets, profit etc. Price is driven by hype, panic, shorting and general market forces. Good advice here, don't risk more than you can afford and do your research.

I am one of those who bought in on the cheap (saying that, negotiated order came in at 8.50!) Burford is being shorted by 2 companies, at some point they will have to buy them back and the price will bounce even more. You may even end up on the original price until the market re-adjusts.

...so where have all of you 'long termers' been over the past few months, and how come so many different and previously silent 'long termers' suddenly take a renewed interest after the last RNS? Mischief I suspect. Everybody is aware of the risks and rewards here and has invested in balance. If you invested years ago and wonder why it hasn't risen?

'I hate this share, it's a scam'

Why?

'Because I have been in it for years and it's never risen'

Why?

'Because new investors read my posts saying it's a scam'.

There was an interview that hinted at next week but as ppl pointed out this was old and referred to earlier testing, so may not be the case. I suspect a lot of people are buying the dips then selling as soon as they have a small profit rather than holding. As you and many other posters on this board have pointed out, it will take a significant RNS on Cresswick, Blue Moon or similar to move this on a more perm basis. Fortunately news is due soon from a number of different places, so patience is key.

They all jumped ship by mid-day from the looks of things. How long does it usually take to get JORC compliance Boffin as a guideline?

https://www.proactiveinvestors.co.uk/companies/news/223615/ecr-minerals-steps-up-exploration-in-victoria-and-wa-223615.html

Apologies Stout, missed the link in the article. Yes, Cresswick update next week! The guy in the interview sounds like he is looking at some adult content on his laptop during the interview, but I will take him at his word!

Looks like everybody joined the party...then left by 12pm. No idea why everybody rushes to sell into the rise and deflate the share price, surely it makes more sense to let it run for a while. I suspect there is a lot of range trading going on but with so much big 'transformational' news due imminently there is every chance they will sell at the wrong time and can't get back in to enjoy the ride. Patience is a virtue and all that...

Hi Stout, what interview - I can't see anything on proactive thats recent?

My shares are all down today, and all mainly because people are waiting for news and its not forthcoming. Its a difficult balancing act and I am sure posting an RNS everytime the company buys a new water cooler would do just as much for shareholder confidence as staying tight lipped and leaving people wondering. Still there have been so many companies where the shareprice has wained only for one RNS to send it skywards so unless there are indications to the contrary its often best to wait it out. Just my opinion, its all part of the game.

Hmm. Good thinking getting in touch, and the reply is positive enough. My concern would be that tate and lyle is already well established in every respect, and often having a superior product is not enough (betamax?). There is a lot that I want to like about this company, but I am not 100 percent convinced that I trust Clifford. At this stage its a bit too risky for me, so until some actuals are available I wish you all the best of luck and am sure you will get a decent rise when FDA clearance lands later in the year.