Member Info for Revelator

here is sub £2k - looking good for the next leg up pretty soon (markets permitting).

Things like the oil etc seem to drift in and out of focus...hard to follow 'the story' here and I think that's what management need to work on...they've kindof accumulated a pick'n mix of assets that the market doesn't really understand as a whole.

Narrow...I'm not sure it's been oversold just yet actually...need a clear road map now I think....

I'll look at Pfo, sounds interesting. My account is also at an all time high (well, within 5% of it) - but it hasn't budged from there for a while, which is the problem! Still I think some things have some really good times ahead - ie my biggest holding GRL, I'm not sure many have cottoned on that they have a resource that was breakeven 10 years ago so is very likely economic now, and being added to. Tbh tho with the amount of panic selling I've done over the last few months I can't expect to really have made anything - at some point a last resort (sell off if the markets tank) became a habit...think I'm over it now though! I'm not so confident trading so I guess I'm the reverse of yourself - tend to find unless I really believe in something I struggle to have the 'it's ok it'll rise eventually' mentality you need for really good gains - ie with Sres it went from 0.5-1.3 and I kept it as it went back to 0.9 because I was confident it was going higher...whereas whenever I've tried to trade something I end up panic selling it almost right away...a flaw in my mentality. I think you also have a really good all round market knowledge, whereas mine is confined to mining & oil. Hats off to ya all in all!

Oh yeah, I'm not a believer in averaging down, really. Although had I done that with ECR at 0.8 I'd have done well. I tend to hold to news and decide my next action point based on that. Although with the markets such a mellee at the moment it's harder to keep one's nerve and whilst not making net losses, I have gone round in circles somewhat the last month or two.

Sometimes you just have to bail. I held AME from 10 to 16, bought back at 12.5 prior to drilling results but had to swallow and sell between 11 and 12 when they clearly weren't up to much - now back in at 6.6! Hurts to sell something you believe in though.

Did you lose alot on this in the end?

pretty confident they'll relist (famous last words), esp as the 1.75p placing is already done, but communication on this share has to be the worst of AIM miners. Can't believe they've been drilling in Tunisia since last summer and not had the courtesy to give a single update, for a start.

Yeah very true - not sure why as I think LSE is much more user friendly. Interesting broker comments on volatility/drop: 'Share Price Action The share price action on Niche has been volatile to say the least. There have been a number of factors that have contributed to the volatility.  Using a shell  Starting share price less than a penny  Legacy holders exit for serendipitous gain – volumes permitting  Significant presence of retail shareholders  Information flow  Corporate web sites have not been updated  Retail / legacy shareholders natter away on bulletin boards − Stories / rumors fueled by lack of information  Media stories running ahead of delivered results  Delay between RNS on CPR and the release of the executive summary  Management changes at Niche  Meeting Niche Management  Visibility on Oman  Research coverage The share price has drifted lower over the past few months down from 7p to about the 5p range. On 13 th July, the day of the RNS highlighting the reserves, the shares fell about 10%. 22 The Niche Group* | Oil & Gas Exploration and Production | 26 July 2011 Addressing the Share Price We have discussed each of the above issues with Niche management. Make no doubt they are exceptionally aware of them. These are some of the steps that management is taking:  Management have been conducting a non-deal road show meeting shareholders to explain the company and its strategy  Updated corporate presentation  Significant amount of technical data available'' http://oilbarrel.com/media/pub/var/release_downloadable_file/32173.pdf

I mailed and began a thread in general chat and no reply either - not impressed.

http://uk.ibtimes.com/articles/20110725/mining-sector-tanzaniteone-shares-rise-after-best-quarterly-sales-since-2008.htm http://www.stockmarketwire.com/article/4189385/Massive-boost-in-Q1-sales-for-Tanzanite-One.html

No one can predict shorter term movements but longer term this should trigger some sort of re-rate - 57% revenue growth is undoubtedly significant in a business where costs are well controlled. I've actually bought and sold this for modest profit 3 times before, in at 9p this time so it's a bit of a lucky share for me! I don't see 16p, I see possible price manipulation, but I also see this increase generating interest over the coming weeks. Maybe in the papers tomorrow as a footnote?

But they are worth less than their cash balance - but liquidity is so low it's not worth trading them. Hold on till they repay the cash someday. It's worth double the share price.

Bit of a result http://investegate.co.uk/Article.aspx?id=201104200700101880F

this week but don't forget news on Guinea is due too, plus this survey in August. They are looking for other licences and also have another in Mali which they plan to drill on. Placing at 10p and cash of £4-£5m so not a bad entry price longer term.

http://investegate.co.uk/Article.aspx?id=201107220700088603K

this is dribbling away...looks like it's just some panic sells...at least I hope so....will hold till news either way - quarterly update expected basically in the next week.

:)

I get it now - well explained :)

Their m cap is v low so won't have enough cash?