Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
So currently we're in the drilling phase with very little information on how that's going so far...My only guess would be no news is good news and although slightly late, drilling has started. Then comes a few weeks of testing to see the quality of the shale oil?
As August draws near hopefully the SP will start to rise steadily in anticipation of good news. Lets hope for an RNS at some stage this week with some news regarding progress.
I can’t honestly say what’s going on with this share...?
Its still pretty **** when your average is 1.02 ??
I hope so... I jumped on board at 6.9... it would be nice to start seeing some interest on my investment.
I’m sure that must be a miss print and it’s 7.75p...?
It’s nothing yet... I bought these at 6.9... they’ve got a long way to go before I’ll be happy but they’re heading the right way. Wish I’d had more cash to bring my average down.
Well its still a way off where it should be but I'm enjoying seeing a gradual rise... I bought in at 2.59 so i've got it a little way before i see profit. £2.59s are going to be the last of my concerns with regards to where this should retrace to. Happy days ahead
I don't understand it either but it always seems to happen before a big rise... It's like bigger companies that have millions of shares, sell off random small amounts to create uncertainty in the share. Which forces some sheep to follow freeing up more shares to purchase as it gets closer to big news. Then the big dogs fight over the remaining shares and make a Murray mint buying up loads of shares. In the process feeding the little fish that manage to cling on. That's how I look at it.
I’d agree with that prices action is shameful... I wish I was a little later to this party rather than being at the spear head of this mornings RNS
Well with the way this shares performing today, I wouldn’t be surprised if it back at 6.9 within the next hour... many people already enjoying the spoils bouncing back from 4.8.
I’m laughing... for a novice in this game I’d be disheartened if I’d thought I’d made some bad choices. Unfortunately ive made some good choices but the market reactions this week have left me scratching my head.
I looked at numerous trades this morning... broke even on the one that sky rocketed after a **** up on my part with a stop loss order... then I ummed an rrrred about evrh at a 3% rise this morning. Then I settled on a punt here at 6.9... Thought I’d see how the day pans out... Looks like I’ll be here a little while longer... Maybe take the day off tomorrow.
Just Amazed.... I continue to be baffled by trading in this market..... 30% up.... 8% down..... I could literally just throw my money out of my office window and I'd be more likely to have more of it blow back in than I seem to be getting on my returns this week... If I wasn't laughing I'd be crying.
Totally here you on this one... i'd been trying to buy this stock since 08.03 and didn't get in till 14.0 then i set a stop loss and the market dipped for 5 minutes... and i sold for the same price i bought for... so frustrating to see it still rising now but i'm not getting back in at this price.
I'm pretty new to this game but this was a key trade i've missed out on because i didn't know how to place a fill order... Everyday's a lesson.
Lesson learnt.
Great news.... What can I say... It's great news but it's been a strange week I think... Good news just doesn't seem to be changing the sp for some reason. Or either good news isn't travelling fast enough... Or when you're the first few to arrive at a good trade it seems odd that others haven't stumbled on it first.
Certainly some potential here for a large rise... Any drug that helps in the fight towards cancer has got to be big news if it moves to stage 2 of testing having had promising results in stage 1.
A promising read looking at the RNS
I don't see it bouncing back hard this week... I think a steady recovery is more than adequate.