Member Info for PureAU

75000 Moving out

F*@#! Over 85% of the shareholdings in the Company are made up of a holding of less than 500 shares and at our current market price these holdings would be valued at less than �7. A lot of people lost a lot of money here and now being wiped out. DISGRACEFUL.

Tom, I'm in EQT to, got a small holding there. The clue there is Ebioss, When your doing your research check out the big share holders to, as you should have done here also, as they do play an important part to. Constant delays are a pain, it puts investors off.

Torez, look back at my posts already explained why I am here, even said when I would get out. Which is a lot more than any other posters have done. Got a few thousand left on this, as already sold some. I will even tell you the number of shares I sell before I sell them, so you can see it pop up on the trade list after, as some people still doubt I even have any shares here and got an agender. This was a punt for me thats all, which was not as risky to me when I bough in. Risk will be to high for me after next couple of RNS's and I will be out of here, as also already mentioned. If you are Invested here i do hope you get your money back, But planned production is not until 2019 here. The money earned from H1 is going to be used to fund H2. You could be waiting years for a good return here. Look at the sums they need to even start mining. The dilution to come, geez, its to soon to start building a stake here.

Mininig is a very high risk sector, because it depends on a lot of factors outside the compaines control. Goverment involvement, regulations, infrastructure, the economy, even the weather, and so on, Don't believe me, see the link below http://www.oecd.org/env/2074862.pdf You could be the best of the best. Then shut down for no fault of your own. "China will cancel about a third of its iron ore mining licenses, mostly belonging to small polluting mines as part of Beijing�s efforts to improve air quality"

Torez, People have different opinions, Reall is positive, I am negative, It does not mean we have any agendas, I don't have anything against reall or anyone. We cannot make the price go up or go down. I have given Newbie some good advice, No way should anybody be recommending BZM to new investors. Aim is full of corruption, you should know that. The boards are full with Gangs of pump and dumpers and deceitful people. Aim is very high risk and BZM is a high risk share. To high a risk to be recomending to a Newbie when there are a lot more less risky share around.

A Newbie and your looking here. You had better do a lot more reading and research before investing here or in any aim shares. The asset value of a company is very rarely reflected in any share price on Aim, even when they go into production. Reall, Worst case scenario, I can think of a lot worse than that, but at least your considering it now and a few more people are starting to question whats going on here. Thats a good thing.

Just my opinion of how I see it. It takes a lot of time to sort out a joint broker and arrange a placing, I suspect they where going to do the placing first but the signing came sooner than expected and caught them out. They must have been desperate for some cash. As they did an immediate placing when they annonced the joint broker. After all, as I already pointed out, they did say they had working capital through to the end of June 2018, thats 7 months from now. Yet they claim the "remaining work is estimated to require a relatively small proportion of the funds raised." So why do fund raising now? Something not looking right here, should raise a few red flags. When I see warning signs like this, get ready to run. Seen them many times before, troubles on its way.

Yes, still holding shares here, as I said up coming couple bits of news Dec, Jan may be enough to get me out of here, thats maybe, not definately. Certainly don't want to be here for the next placing, would rather sell up and take the loss. The lucky thing here is the recent unexpected $20 billion investment by the Chinese in Guinea's national infrastructure and mining industry. If we get any news of any projects from the chinese funds that will help BZM, then we may get a little boost in the share price. But thats a big IF, as government involment means long delays. This share is not the normal share I invest in, way to risky, its the signing that brought me here, that was a significant mile stone for the company and I believe the share price was manipulated and held back due to the planned new Joint broker and placing. There are a few safer shares I can get in and recover the loss, so no big deal to me, but there not moving just yet, so riding it out here. Don't gamble, and it is a gamble not investment when your dealing with aim companies, what you can't afford to loose. To many red flags here now, no trust in the board, no way would I invest here again.

Big buys = Big gamblers, thats all, in the majority of cases. Lots of people still think big buys are a sign of good things to come. Hence there usually followed by a brief buying frenzy. Hey, I used to think that to. Logically you would think the buyer knows something good that you don't before risking all that money, But time after time nothing really happens after big buys. Big buyers does not mean smarter investors. Think about it, look at all the big share holders in this company, there buys would have been classed as big at some point. Yet today there sitting on huge losses. In fact look at most of the big long term holders on any Aim shares and your find the majority of them are also sitting on huge losses to. Big buys are not a good indicator to follow. Also an experienced trader would know that in the majority of cases, the share price always falls to the placing price within a few days of the placing, which it did here in just one day. Check the placings on other shares. Those big buys are just big gamblers. Its buys from people on the companys board you should be looking out for, there the ones actually inside the company and know whats going on. Its nice to see that there are a few other experience traders here. I certainly learnt a lot from reading the boards.

Things got bad here after that last unexpected RNS, I am trapped here like a lot of people sitting on a loss. Hopefully will be able to reduce that loss when ratification announced or possible so new news on next update around end of December or early Jan. But no, things are not looking good here over the coming year and would rather be out of this share. If I save just one person from loosing any money here then its worth it. I'm not just saying its going down to try get in at a lower price, no way, not buying any more share here at all. Tried to point things out so you can check on my reasoning. Go check out whats happened to shares after a company got a joint broker. You can learn from these little tips, see what to watch out for.

Don't see it. Did you not see the sells 1,000,000, and 600,000 and 500,000. What people may have overlooked is that there are 128 million shares to sell off. Todays volume was just over 10 million, so placing shares going to take a couple weeks to clear without any further news. No news and shares will drift down. But note the real bad news was that BZM now have a new joint broker. Why is that bad, because it means more placings and more dilution coming are way and shortly. Probably in a few months. More dilution means share price will take longer to rise than it used to. The spread will get a lot less than the 25 to 30% we have seen in the past, and Hudsons share holding will of course also decrease.

Yes I like that statement to "The Board believes that it can meet its day-to-day working capital requirements from operating cash flows and its existing facilities. "

A lot to read. A good improvement from last years result, but they still need to improve there margins. An extra few % on the margins would make a big difference in profit on such a huge turnover of �74.7 million

level _ _ Blankety Blank, clue in the subject, these post will get deleted to.

Yep deleted, they do not like it when you mention that letter and number together.

Good comparsion Godwilling, and take a note reall, GWMO price kept falling even when they had a big buyer Andrew Webley build up his share holding.

My posts may come across as negative, but only pointing out a few facts. To many people been painting a rosey picture here latey and after the ramping last week, that got nowhere, some one needed to step in and say something. Sure you luv to see post like sharp_riser, that have nothing to back up what they say, quickly, how quickly? a few days or a few months. 2p you say, why 2p, why not 3, 4 or higher? why does he even think it going to go up? Does not say. There are people making these pointless post on everyboard.

But the few big buys over the last few days are already making a loss,

They are going to find it very hard to find a partner when Hudson currently has 58.2% of the shares and is owed Millions. They have already moved the loan repayment dates several times, it now moved to December 2018, will they move it again?. So expecting to start repayments before the mine even goes into production. Where do you think there going to get the money from when there not making any? This is a very risky share to hold mid to long term.