Member Info for PortfolioPower

HNY to Bhargav, Chicken, Dr Rem, karl, Rob, Seingred, Prof, Jack, Wolfe + all the LTH's

Not posted since the Care and Maintenance 'update' last year.

Hopefully a new deal is close to being announced

GLA.

Good shout on Vast for that quick trade.

It's does tend to spike up aggressively every now and again.and then throw a -pleased to announce' RNS the following day which is generally some kind of fundraise.

Looks like you timed that entry and exit well for a quick profit.

Worse places to be than sat with some cash, a watch list and a market that's pulling back.

2001 / 2008 / 2011 / 2015 /2019 sell offs all provided amazing buying opportunities.

As I said a few days ago.. it really difficult to predict 12 months ahead, but I'd rather have more cash on hand than I think I need for the events that no one can predict. Than not enough cash to really benefit from any market corrections whether they be short or longer term events.

Spotted Tro posting elsewhere this morning.

Not surprised if he has switched off early today... lots of uncertainty out there atm.

Another RED day for COPL...Will it ever see blue again?

HZM - getting a decent pump today.

VAST - strongest positive price action seen for a while.

Crypto stocks - all taking a bath today.

Yeah, I like POW and have traded it plenty

I mentioned it a few times on here recently

Tro and I were discussing it at around 0.5 when that floor was put in as from memory Rick rule paid 0.85 and it has bounced back to that level.

They have several irons in the fire as I'm sure you are aware so far from a one trick pony.

Only mentioned THR as its probably unknown on here. It seems to be in a stubbon sideways range for the past 3 months .

POW is far more well known imo and historically got a stack of regular promotion when PJ was running the show so will be on the radar and has started to move first.. if it starts to go on a uranium led run folks will naturally start looking for the next aim junior opportunity with a Uranium focus and therefore thought I'd mention THR at just 4m market cap and decent jurisdiction

The things is, if the sector gets as hot a rick rule thinks it will and some of the uranium fans think its just warming up, then both these companies should be able to attract institutional investment and raise cash to accelerate their projects fairly easily without throwing investors under the bus so I wouldn't be worried about any capital raises when the sector starts to run hot as the ii's will want a slice and they won't be at the mercy of the bucket shops or vulture funds to raise.

POW has warrants at 2p that automatically convert if the SP is over 3p for more than 5 consecutive days.

Looking back... i think that sprott raise in POW was actually done at small premium so its got solid support.

80p down to 0.14p

In just a couple of years.

...Another placing over there today

At least 'pleased to announce' didn't make an appearance in their RNS today.

The established large caps are the safe play.

If you want to look at a much higher risk / potentially much higher reward uranium junior on AIM there is Thor Energy (THR)

THR has a whole host of uranium licences in the USA.

Importantly...... these are very near to one of the UE Majors 'Energy Fuels Inc'

Energy fuels Inc operate the White Mesa Mill which is the only fully licensed and conventional processing plant in the United States.

It is reported to be the largest producer of uranium in the United States and has historically accepted toll milling agreements as well as purchase programs for processing ores from third party mines. Located approximately 50km from Thor's Wedding Bell Project in Blanding, Utah,

This represents a possible low cost path to utilise existing infrastructure in order to develop projects in the region. (Think GGP haverion proximity to Newmonts Telfer)

Over the past few years, it would not have been an economical option for THR to progress these whilst Uranium prices were in the doldrums.

However now prices have risen it could make this a viable project once again, and there is a planned exploration program on their section 23 licence which could be a potentially new discovery.

I remember THR is one of those juniors that practically 10 x bagged throughout 2020 and has sold off since.

Is it going to put a floor in?

Needs some exposure, but has a ASX and USOTC listing so IF It started to get some traction once again AND Started to reel off some discovery results from section 23 etc. It could potentially breathe some fresh excitement back into the SP.

Well under the radar at present.

Hi LW

HNY

Probably going to bore everyone again with my mention of Yellow Cake (YCA) :-)

I've been mentioning it all through 2023 and it's had a great run so whilst uranium remains in a bull cycle I've no reason to change

Other ideas would be Cameco Corp / Uranium Energy Corp / Sprott Physical Uranium Trust

A year ago the spot price was trading below the cost of production so it was fairly obvious that If the lights were to stay on a serious re rating needed to happen.

Now that price action is playing out its going to be getting to the stage that the explorers will want more of a piece of the action... something like a Denison Mines Corp which has been a good growth play.

it will then trickle down to the juniors at some stage.

EEE and ARB both gapped up today.

Empire as expected gapped up following the daily mail write up and MM's just love to move any small cap that gets a recommendation via midas up 20% at the open... that's played out again.

ARB on BTC rally momentum has followed through again. Just need to keep an very close eye on their US listing in the afternoon and US evening session as that combined with the trend in BTC has been the signal. All the recent talk has been around the BTC ETF approval pushing up crypto related assets.. whist its been a good trade there is a high risk of getting spiked around these inflection points.

34p paid now.

Trend has been your friend here.

I think Uranium stocks will have another good quarter.

Uranium has had an amazing run over the past year up around 80% so won't be surprised to see increased interest from junior explorers in the sector as prices have firmed up.

Lithium has pulled back 80% over the same period so once a floor gets put in for spodumene prices and starts to recover this would be a bullish trigger for the junior lithium plays.

Iron ore is one commodity that I could see finish 2024 lower that its present prices as Chinese demand slows.

Same for Nickel and colbalt.

I expect copper to continue to recover on supply side shortages

I see Gold & silver doing some zig zag moves over 2024.

WTI around $70 would be a buying opportunity at this level or below as I'd expect oil to finish 2024 and into 2025 at a higher level so there are some oilers that look cheap atm..

Always difficult predicting things 12 month out and I'm a trader so will react to short term trends and opportunities in the small cap space on a weekly basis.

Always keep in mind the key drivers which create asset bubbles.

At the moment uranium has been having a great run due to a number of factors.

BTC is definitely in a highly manipulated cycle as normal rules don't apply. It's highly volatile and will spike and then sell off hard.

AIM juniors are either individually news driven or rise or fall depending on the sentiment of the underlying commoditiy or flows in or out of the index.

For example at some stage the hydrogen buzz will return and that will be the time to go long on all those hydrogen stocks that are 90% down from their previous highs, in the meantime, they remain short term plays depending on news.

I called the floor going in on the gold juniors back in Oct and that has played out with the index for gold juniors now up 25% since.

I think copper juniors are also close to be putting in a floor. So I will be looking at putting together some individual copper, uranium, oil, gold and lithium picks for 2024 when I get chance to post them all up.

Patience is a massively overlooked skill as you can be right about an individual stock, but be early... so sometimes simply waiting for the right entry is one of the most difficult things to master.

GLA.

Mishief

That's a great start.

33% total returns so far from a standing start is pretty impressive.

Also, the real term returns are even greater as you have massively outperformed the index over the same period which is what it's all about when picking individual stocks.

May was perfect timing to join us mishief23...

I started the 'Bank Holiday Viewing' thread on here back then. One of the longest running threads of the year.

It kicked off with a video about how to avoid getting wiped our in oil and gas exploration :-)

And included a few of my picks for AIM trading ideas

Some of my bank holiday picks did absolutely nothing or just drifted on no news.

Notable mentions From my list of trading ideas........

ALBA - shot up 100%+ on permit landing as I suggested would happen

AFP - buy around 2p sell above 3p seems the trade here.(still is lol)

ARB - fully connected to BTC - highly volatile - up around 300%+ since posting.

CBX - quick trade was up 200%+ at one stage within days of my post.

CMRS - posted that it was due to come back from suspension - it did and got a 50%+ move.

CDL - insane spike of 400%+ within a few weeks of shouting it. This was a small punt with a crazy return.

EEE - can't believe I got in here at 1.4p and sold most around 2.5p only to see it shoot up to 12.50p. (Share of the year for many.)

Can't not mention He1.... only traded this once after being highly sceptical and held it for ONE DAY ONLY post the rig 'news"..

Now for some potential cheer for he1 holders/ traders.....

WAND (now known as cirate) did a 100%+ bounce after a he1 style 95% discount placing massacre.

FAB - also Did nearly 100% bounce after a he1 style 95% discount placing massacre.

Thing I have learnt is that whilst failing to 'hold on and ride a full position in EEE all the way, selling after the spikes have happened on all the above trading ideas and not looking back has been a pretty good strategy for my pot of 2023 AIM picks as almost all of them failed to hold onto their gains so getting out after the initial spike happens has proven to be a sound plan.

Also.

Well worth a flick back through some of the other threads over the past few months with trading ideas posted up as there is a bit of a reoccurring theme of spikes then massive pullbacks.

That's spot on Kev

Look at ARB today.....

Up over 20% then all gains lost in the same session

Extremely volatile.

Folks got ruined at the end of last bull run by the "BTFD" attitude in crypto

ARB kept falling from 400p all the way to 2.5p.

You can't keep buying that kind of dip... lol

BTC is yet to make new ATH's since.

I actually think the best crypto stock traders are those that don't believe in it / view it impartially.

As they won't be hanging around and holding the bags once it's topped out again.

@sdg1970

Welcome

As you've probably noticed, this is now just a bb for anyone to discuss general share chat.

Somewhere away from the individual bb's.

So feel free to chip in with any share ideas or views on any stocks.

Ps.

Barrick rarely gets a mention on here, although I do sometimes give it a passing mention.

Thanks Kev,

It had had a decent run and there is always something else to trade.

Sometimes it's good just going to the sidelines for a bit and taking a re evaluation of the situation

Especially if you just have a small selection of stocks that you like to trade.

There will be times when you want to hold them, times when it's best to be short or times when it's best to be in cash.

There are some traders who just pick one or two stocks to trade at a time and just apply that method and really be all over it scalping profits along the way.

A bit like Horult has been successfully doing.

Another decent day so far for ARB.

Fundamentals seem to go ut the window with some of these crypto stocks.

They can go on crazy multi session rallies.

What I've learnt from the last BTC bull runs is that they tend to become the biggest crowded trades on the whole market with folk paying way way more than what they are worth on paper as they attract the FOMO traders and crypto coin traders who will buy tokens with crazy market caps that technically aren't worth anything.

So these things can run up quickly and massively overshoot fundamental valuations.

But.....

We all know what tends to happen with any crowded trade, so profits have to be banked along the way and that's what I've been doing as they are volatile plays and therefore carry a higher level of risk imo.

The UFO selling kicked off over there a couple of weeks back with some large £100k+ individual sales around 0.28p (when the SP was 0.30+ at that time) which is why I exited at I thought.. doesn't look good and that the volume won't be able to absorb this selling preasure.

So I got out

The SP then pulled back to 0.20.

I'm just watching it for now.

Looking strong straight out the gate.