George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Just bought £500 worth to bring my average down below 4p to 3.5p...
Bought a few more sub 0.15p to bring my average to 0.28p may bring it down further soon
I know I should have bought more weeks ago much lower but i have some funds now to average down and I can see a bit of a rally with the hospitality business opening back up soon
Considering bringing my average down tomorrow as it is currently over 4p. Seems like now might be a good time to average down. Not much volume the past few days.
Thanks Wilson. Like lots of people I am trying to recover losses. My point was that cutting bids loose game the the funds to start my recovery. I am no expert but it needed to be done as we all knew a fund raise was coming... I would say watch vast on Monday. On Friday vast traded about 18% of its stock and most of that was someone buying in £20k chunks all day. I think someone bought about 10-15% of Vast in the open market... time will tell but do your own research.
IMO it’s going down further. So so many shares to flip and too much downward pressure. I will buy back sub 4p, bids owes me. I sold at a loss at 8p after being well over 100% up. But selling bids and cutting my losses started my recovery! After selling bids I averaged down on BLOE and got out even. Then Averaging down in VAST And buying AA with what was left and made 40% in 2 weeks in AA. Moved it to PURP and did 30% in 2 days last week. I then put all that into averaging down in VAST again on Thursday and on Friday VAST was 24% up and I am now in profit their too.
As for JD, he is full of hot air and I will never trust him again. What was it he said 10 years in one and the share price has gone from 40p to a placing at 4p with very little revenues.
If I buy sub 4p I won’t be around for long as another placing will be needed before we know it.
Good luck
My thinking too, hopefully we will have a bit of a rise leading up to the update... their are so many shares I want to buy but one only has so much funds available. It’s a case of moving from one to another, hopefully in the right order...
Cookie, I will be adding more and averaging down. Probably with vast profits when I sell a few their...
Our time will come, we just need to be patient... it does pay off at times, I have been way down on EQT for over a year. Averaging down from time to time. It’s done 150% in 6 days and now I am nicely up in 2 accounts.
Troajan, vast is due to start mining on July, but they have more assay results due, finance restructuring and diamonds if they ever land.. I just hope Wres gets a rally going in the build up to next results.
I hold Wres in 2 accounts now. One at average of 0.36 and one in my isa later 0.15 (only £500) though. We really should it be down at these levels. The value of our assets and new mining equipment must be more than the current Mcap!