Member Info for RichTheNewbie

Very little stock available now it would seem. Looks primed for a move if we get a tad more buying.

I hate to say it....but Donald Trump's actually got something right....
https://www.bbc.co.uk/news/business-57392734

Now of course, he may not have a clue what he's talking about, or have been advised by someone smarter, but someone with a following his size in the US will have direct material impact on thinking if not policy further down the line.

Saying quite something about how dozy western governments have been when it's Trump that's giving the wake up call!

Gold back up to 1892. Someone hoovering up the shares whilst a few impatient people exit.

Personally I'd prefer them to focus on getting assets up and running as soon as possible rather than more/larger dividends.

Hopefully the suggestion by EZ of potentially adding a 4th rig in West Kenya indicates they may well accelerate things and get it proved up faster.

Of no concern at all.

Here's a map showing you the height of NGLM and a couple of pins for the edge of the lake.
https://i.postimg.cc/Hs5tBSmH/Lake.png

If the water level rises over 200m something will have gone seriously wrong with the planet, and we'll probably all be dead, so it'll be rather irrelevant ;)

Bargains right now with gold strongly bouncing and dollar tanking. So I've been bargain shopping on the trading screen....the only kind of shopping I like.

No worries - I did wonder if you were confused with HUM ;) (being a former HUM'er)
That not to say SC or any other II couldn't sell at any moment. There will always be profit takers along the way. Everyone has their price. Or at the least a price to lock in some gains and hold the rest. What really matters more is ongoing interest, and I think it's very safe to say that Shanta is still being bought (and not just by PIs), despite any selling.

Also, could simply be a rebalancing, as their fund is worth less than £500m, and Shanta would have been 120m*£0.17 = over £20m. 4% of the fund in a single AIM african goldie would probably be too much one would imagine.

I suspect you'll actually find it's Brook (Odey) as I predicted a while back ;)

(MorningStar now listing them down to 92,121,481 shares)

Was to be expected with them "rebranding", reshuffling and taking some profit on some winners no doubt, trying to make themselves look good.

Gold price is on a little bit of a pullback though - might have to see how that goes for now.

I'm not sure there is a seller anymore. MMs happy to buy plenty of stock.
Having to pay increasingly over the odds to get anything.
Not been many meaningful sells for most of the late morning onwards.
Just been the odd PI level sell in between large amounts of buying.

Attacking 17p again. Someone is gobbling these up.

Good article....or perhaps I should say, I share the same view as the writer.

Yeah - definitely interest coming in now and block hitting the buy side.
All down to the profit taker(s) now, if they finally run out/stop, this could fly.

Glad Eric corrected the Donald about the market reaction being good.....looked like he reacted much in the same way I did to that question.....I don't think most of the market has woken up to the potential of this at all (bar a handful of players) which is priced at feck all on top of NLGM!

When he's happy he finds it hard to avoid doing a very passable Cheshire cat impression ;)

Looks like we have someone soaking up the profit taking gently at the moment, collecting more shares, trying not to spark others into doing so and push the price up.

Cryptos are all pyramid schemes regarding of any spurious use-case.
Eventually more and more regulation will come, currently China is somewhat ironically, leading the way.
At the end of the day, it's actively against the interests of governments/established order, therefore it'll likely be crushed.
Frankly there's far too little FUD around crypto and a lot of hysterical over-enthusiasm.

I do love telling people they're wrong 42trader....but I'm going to have to pass on this occasion ;)

It was 25p earlier according to you. Prices really are falling fast. Please stop trying to con people into buying this with baseless nonsense.