Member Info for PortfolioPower

Be interesting if news lands next week.

GLA

The SP rise on Azure is what AIM needs to wake up the junior space.

Not a false dawn or crowded trade but a genuine new discovery where the SP properly re rates and stays there due to a new discovery where its value underpins the SP after seeing a 50 x bagger rise.

GLA

Just trying to catch up on events over there.

Is the 2nd drill looking like its off the table for 2023 now?

Getting bashed to pieces by the de rampers.

Funny Jim cramer meme posted tho.. haha

That's one hell of a nasty SP fall.

Yet another shocking 2020 IPO that's tanked.

Market saying bankruptcy looming so looks like one of those dead cat pumps that we get over here when the end is nigh.

Amazing shareholder value destruction

Just checked out Stocktwits.

Pretty funny stuff posted over there.

Not easy predicting what the next asset bubble is going to be.

Going to try and re educate myself on all asset bubbles.

Always good to be reminded about Historical bubbles and how they came about.

Sometimes looking back helps predict what is likely to happen again.

I can see the case for gold if everything else looks shaky.

It 15 x bagged through the 70's.

Uranium has had a good run, probably a bit more to run, if it does keep rising shares like Yellow Cake will continue to do well.

You are right about the US quantative easing.

If USA house prices and their stock market collapse.

They will probably do QE again.

Then.....

WOOOOOOOSH........

Moon shot for gold and commodities once again

Some really racked off holders over their Dai who have been in for years

Some since the 80p days who saw it collapse down to 2p when their old mine had to be closed down.

Then came the JV with Newmont and Agnico for their new Gold prospect in Colombia and it flew up to 40p

A few longstanding stalwarts over there who have genuinely stuck around through all of it over the years

Another reason why LTH strategy rarely works and trading around the spikes and fall backs imv is a better strategy.

I just would like market conditions to improve for the junior miners.

Because when it does, there should be some amazing opportunities out there for those that know where all the little under valued gems are.

Tro,

I'd almost forgotten about BEM

It went on an amazing run up back in that mining / commodities supercycle back around 2010/2011

100 x bagger or something like that.

It's another good example of the lasonde curve where there can be a big run up in SP as they work towards that initial JORC resource and everyone piles in.

Condor Gold and Anglesey mining saw similar mega spikes in Share price around that time.

So many juniors sat on these assets at giveaway prices.

KDNC is another IRON play.

Think the broker target is something crazy like 71p

Presently 6p 11m market cap Vs an asset value 800k (think they own 33%)

Languishing oh the backwater or AIM just like BEM

I haven't got all the answers but surely we will at some stage (don't know when) see another commodities super cycle.

Sadly.

It might be after they have finished bombing the daylights out of certain countries and they all need to be re built and demand for iRON & Copper would then sky rocket

It's a frontier country for Gold mining.

They are basically trying to achieve what newly TSX listed Allied Gold has just achieved.

The deal / funds being raised / size of mine and mine life are fairly similar.

What making it more difficult for KEFI is that rather than just one funder coming in alongside the company to put up all the debt, KEFI haven't got any cash to put in so to speak, other than their sweat equity and ownership of the licence (which will be transferred to the JV) over the past decade which is valued at about $90m and the rest is from a consortium of various banks and financiers.

Also the Government and Ethopian domestic banks are involved as I understand one of the terms is that the export trade and FX has to be done via one of the domestic banks to an agency bank in London.

So, it sounds pretty complex and lots of moving pieces and various partners combined with historic domestic unrest has meant that it was never going to be straightforward.

Tro,

I recall you called the last KEFI video '5 minutes of whinging' lol

Today's proactive interview was more of the same

But.

It is deffo one for the watch list if they ever get their funding deal across the line.

If it ends up being more of a fakeout than a breakout and drifts back to 2p and finds support again at that level I might be tempted to take some around there as the SP has been crushed from the 40p days.

If they can resolve matters with Newmont and Agnico it would likely re rate quickly imo

One for the watch list if that RNS lands at some stage.

Will be watching OMI tomorrow to see if there is any legs in that afternoon rally..... on no news?

Traders are not sticking around long term at present unless further news is expected.

Profit taking over at CLON/ VAL / WSBN & even BOIL today after they had all ticked up.

I suppose never be afraid to take a profit in this market as even If you are a fan of the stock there will generally be a chance to take another entry at some stage for a further trade.

Profit taking over on WSBN today.

Hopefully chance for another cheap scoop ahead of next updates.

Sometimes it is just a feeling Dai as it looked like it would bounce from 0.07 on the chart.

Also.. others obviously had the same thoughts

As noticed it suddenly getting pumped by well known rampers with a bit of clout.

Called the start of the big run up on BOIL last year also

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PortfolioPower

Posted in: BOIL.L

Posts: 2,708

Price: 0.11

Strong Buy

RE: Great start20 Sep 2022 12:32

Look like we have technical confirmation of the beginning of a breakout. Excellent signs.

Momentum can start to build now as we move towards news.

Previous range traders now know that updates are due from Q4 so now in accumulation phase

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Trying to avoid posting on individual bb's nowadays as easy to get drawn into all the nonsense which is pretty tiring tbh.

Further move up today

50% up now.

Getting a bit rampy.. but that's fine as getting de ramped also.. lol

Did say it looked ready to run

Can get false signals when the SP is dropping and a placing overhang is being worked through imo.

E.g.

Price is slipping and large delayed trades (sells) pop up above the mid price as at the time they were sold (the day before) the bid was higher.

Can make it look like someone has weirdly taken a large chunk when it's actually a sell that's been worked on the book.

Price then drops further.

Moved up quite quickly this afternoon after finding support