The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Many you may be aware of over the years.
Please take a look and come back to me with which companies based on current market caps and sp's you feel offer bigger multi gains. Interesting stuff, don't forget to take our exploration projects into account.
https://aim-watch.com/sectors/mining/
The fact it held yesterday consolidating further I see an attack on the 0.30 today. It’s warming up and is ready to have a go at .30 & I think it will today. 0.27-0.30 spread I’m sure will be seen on the screen today.
Smiller, this one is hard to call. It looks absolutely primed to pull away first big major resistance will be seen at the last high and then it’s got another big run in it. I think we will see 1p soon enough. As I say things can get over bought and carried away so it’s hard to call until more information is out to support the foundations alongside sentiment. Copper is steadily rising all the time though. Seeing what Ggp is up to being able to buy at a quarter of a penny will be a gift looking back.
I was a bit dismissive of the crypto but they are rallying big time. I’m on a wattsapp group with some real knowledge. I looked at $18k bitcoin and it got stuck a few times at $20k buu once through no real resistances but I didn’t want to chase it. I tried to buy some lite coin New Year’s Eve @ 92p now that’s running away but coinbase still doing security checks on my account frustratingly. Could have been sitting on a nice profit already.
Nice too see a couple of confident buyers or perhaps one unable to get in one go either way good buying. I see today lots of buys going through as sells.
Smiller, we are starting to see real strong support here now. It’s either small rises or no change days this past couple of weeks. Historically when I’ve seen stability like this barring any crashing bad news these types have always just been ready to change gear. It think 0.5 will be beaten as we simply have too much on the horizon now. Look at Thor, look at ggp nearly 40p on exploration only.
Spot on with the charts, I am no expert but I do like it when something I am of the opinion of is supported by a someone with such knowledge. The techs have started to tick positive on more than one of the oscilator's. Happy days, bags of news incoming to really switch sentiment the real driver of share prices.
Nice to see a good opening days volume.
Appears to be a few buyers around today.
Currently happy to take 7 times the usual amount.
If Colin has news of grades we would all like a 12.30 drop off tomorrow would give something to discuss over the closed period.
Smiller, I think they do to be honest I have been in plenty over the years just you see more erratic movements rarely seen on ftse stocks. I’m not an expert hence asking but I did see a trajectory 4.5p chart I think was on Twitter hence the ask. A lot of these never come off but just as many do so you never quite know.
All I know is something here simply has to give sooner or later. It’s either the fall of .24 or shackles off.
Yep quality post Prickly. I remember the days when we had 1-2 trades a day for months. Even in a festive quiet period hold on to your money no news period the buyer quietly adds more whilst the mm tries hard to breach the support only for the holiday mode buyer to say thanks very much.
Looking good guys going to be a cracking year ahead I feel at last! Did the trajectory longer chart really indicate 4.5p? Can a specialist Chartist please fill us in?
Come on Colin what’s around the fringes of that metal district? Once you confirm the quality we can look forward to Battery’s and a large shareholding with others grafting for us as we re value.
Ggp exploration buyers paying 37p today!!
Mr Emc2
Yep that’s it fella from the scoping study Mankayan days. Yep we made some absolutely shocking decisions after the Mankayan goldfields deal. Whilst buying that Choco acquisition we then diluted into oblivion to get it up proven and near production then we struggled to get the money needed to take it in to full blown production. Colin came in and outed it and we were effectively sitting on nothing with the Philippine government suspended operations for a bit so were in a mess. Things have moved on and I’ve been one of the biggest historical critics watching my investment erode.
I see a problem here if Namibia is non viable as you have nothing to then fund yesterdays asset effectively, if as expected grades and quantity are anything near par it will turn out to be a master stroke and shareholder future value. As you know with Ggp you will need placing for exploration but if the resource is there you can borrow against it.
Eua sickens me as I had been in and out over 10 years always hearing offer tomorrow & at 0.0015 that investment looked in tatters to my 0.0063 entry. I made a nice profit but not the magnitude others did and decided not to re enter and chase.
Amc was another huge pay day but again could have been many more multiples at the time but you can’t call them all.
Ggp I’ve just been in too many others at times to have even looked it up. Even now I would still rather look for the next biggie than chase the now knowns.
I don’t think folks truly realise what could be coming out of Namibia!! We paid peanuts for this, when was Colin’s last big deal some asked. He might just have nicked two.
As someone said to me yesterday, why did Colin choose the new acquisition for us? Is it all the future value we have coming we can extract to add value to another distressed purchase? Adding an acquisition is great business if the price is inheriting value you can support.
Smiler
It’s because it’s already got historical data showing it’s got a conservative mother load from previous tests & data. They are hitting Gorob and the deposit north of hopes main deposit. Colin made it clear we are looking to add project value. Simply if Gorob to date underestimated for gold comes back with good grades and findings we will be sitting on mother loa mate.
I’m also reading up on manganese to educate myself more. This year’s price has been very stable which is always useful.
Gorob results can’t be far off at all even if they come out early Jan. Would be interesting to see if we get any little indicators of anything breaking through at hope. Remember they aren’t even touching the main deposit so these are almost more significant as they are the bonus plays in effect!
It’s only gone an ticked up again pops lol. Not much but up is up.
6% every two days will do me.
Pops it ticked up lol, just not as much as we would have wanted!
God help us if the assays show non economically viable grades! On the other hand if they come back high and the market likes it you will have your exit price & back to patients.
Consolidating as it did @ 0.175. Would have preferred it at a much higher level but it is what it is and plenty of news ahead which with caution should support us to a new range.
Pm activity buys going in at full ask.
The seller is not around so no real
concerns, the core long term holdings see an asset added and further value? The trader has moved on for an outside buy?