Member Info for profitseeker

The main thing to remember with these is that when wtn was at its low point it was because they had said they were having to mothball some of their mines due to lack of orders. Then suddenly things picked up and they were able to backtrack having got in orders to run the mines at a profit. So, I see no reason why we should return to the dark days. I still don't think it will take much to get these back over the £1 mark and then we will not have to question our trading practices any longer! So a pound on these will give you 75 on cbm

i bought cbm first and then added wtn as they dropped to a ridiculous price. So once merged my portfolio will be a bit top heavy with these. If it wasn't for the short term finance issues cbm had, then i'm sure they would both have been a good play in their own rights.

Also, looking at the bigger picture, there are so many positive things which are coming wtn's way. The merger (which was voted "for" by cbm shareholders today and will be voted by wtn's tomorrow) can only be a good thing for wtn. CBM has mines in virginia I believe which are currently on hold awaiting a pickup. If WTN can secure a little piece of the China action, which I think is a strong possibility, then they will be ready to crank into action. The extra assets of CBM, ie xtract etc are more than just a little bonus (their shareprice has gone from around .5p to around 3p in the last month or so). And let us not forget that not much more than a year ago these were trading at over £5 a share and CBM at over £3. The past means little in this trading environment, but lets all remember that the coal that WTN produces is of the highest quality and in my opinion this share is of the highest quality. One last point, these have practically quadrupled in the last few months, and we are nowhere near out of this recession, so the fun hasn't really started with these yet! good luck

i read somewhere yesterday that a takeover of a canadian mining company was called off. i think, along with the big fall on the tsx as a whole yesterday, and the falling of commodity prices, this all weighed in to give us this unpleasant fall. How I wish I had cashed in at £1.20 and got back in 3 or 4 days later! I feel we just need to get back over the 90p mark and hold if for a few days. As your well aware, this share moves big in either direction, so lets hope the turn is near again. In the bigger scheme of things, if you are riding this share with the intention of getting around the £3 mark in the next 18 months or so then we just have to take the rough with the smooth.

if there is any way you could post an email address i may have something that may be of interest to you.

cant really understand why we are down again. With the confirmation expected this week, I would have expected a gentle move upwards through to production. The only plus being that volumes are desperately low and movement is often only down to the MMs playing with the spread.

your questions were basically the same as mine regards gm etc. i am now a little more "well informed". Slightly confussed but not displeased. sounds a bit cryptic but keep watching as we are nearing news time.

daytrading would be possible if the time is available, but for me the spread on this one is a bit too severe for coming in and out. 7 or 8 pence spread on a £1 share is very harsh. It will be interesting to see how the spread narrows when the merger takes place. Also, isn't it fascinating how we can move 20p up or down so frequently. Let's hope the next one is a blue 20% again! I must admit that after the two big falls this week, I was questioning my desire to hold onto these regardless. So frustrating when they fall so quickly for no apparent reason other than profittaking. However, after a period of reflection, I remain in for the long haul.

certainly not a share for the faint hearted. double digit percentage gains and falls every other day or so. just hope we can hold around the £1 mark for a few days.

i posed the same question last week, but no one seemed any the wiser! The rns on the 11th May stated that information would be sent out to shareholders with regards to convening a general meeting to discuss the share consolidation etc. I personally haven't had any literature sent to me and would be interested if anyone else has? I assume that if this hasn't been organised yet then we are probably still in for a long wait to get things moving here. I just hope that in the end things work out for us all. After the calamaties suffered by the trp shareholders the last week I prey that the fox davies connection with both companies won't turn the black angel into the angel of death!

We are all playing a very patient waiting game here. The one good bit of news for agu is that the zinc price continues on its journey upwards. Great for when things get going. Does anyone know the date when the financing and share consolidation etc for BAM will get its final approval? I can't seem to find exact dates. Thanks for any info. Profit

am in here and wtn both at 26p and 28p respectively. Massively up but I have no intention of selling. as we gradually come out of recession these should just keep moving up. My gut instinct says there is no reason why these won't go to £3 within the next 12 months and even then, bearing in mind the combined group will be so strong, we could eventually test the previous highs. Lets hope so! Good luck and stay in here

I said "assuming the finance is rubberstamped". We are still awaiting news.

This stock was always going to have a day like friday. I placed a large order a couple of days ago and even at the ask price it took quite a while to be filled. Everything is basically in place now. Assuming the finance is rubberstamped, then all things are out in the open and even with cyrus having a large holding the future is definitely bright. With elections out of the way in greenland and the result pretty much as expected - ie the people wanted change and also wanted a greater say in their future - and to achieve that they need to utilise their natural resources which agu can oblige with. Often I feel that technicals are unassociated with this stock as they are driven by news etc but now we can definitely look closely as sir riddlers charts. lets hope the agu bull run is under starters orders

The left wing "community of the people" party has won the Greenland elections ousting the social democratic suimut party who has governed for the last 30 years. Greenlanders will now be able to make decisions on most issues. Anyone know if this is a good or bad result for agu? they have made a point to stress that they will be using a local workforce for their projects, so i assume this will go down well

they are not really down today. the mm's have simply widened the spread (dropping the selling price from 2 to 1.75). the buying price remains intact. i assume they want to squeeze as much out of them as possible. i personally have finished my buying of these now and expect a slow but sure rise upwards over the coming months. riddler reaffirms that they are holding the key 2p level

forget that last message. order filled. final top up complete

any level2 people around please. i am waiting for a large order to be filled but so far to no avail. just wondering what the picture looks like

unfortunately, my original holding was from a little longer ago than yours, and one of my dealing invoices has 20p on it! fortunately that is my smallest holding now. topped up at various levels and am confident of being in overall profit in the next 6 months. i probably have too large an investment in these now, but am happy to put them to one side and wait. eventually, i think the gains will be well worth it. i honestly wrote off my investment last year so haven't got too stressed out by all the waiting and wondering we have all been put through.

i managed to get into these and cbm at around their lows. but have no intention of selling as when the merger has gone through, we are sitting on a great share. i would be surprised if we are not somewhere near the £2 mark come the end of the year. even then, i would be reluctant to cash in.