Member Info for Risendshine

Fish123, Pump and Dump is a term used to describe the use of dishonest information to make the price rise so that a profit can be made. I don't do that, ever! I have always been transparent and honest. If you look at my previous posts you will see that I try to help people form strategies to get some or all of their money back after they have been the victims of Pump & Dump.... I see it was a question and not an accusation so I hope I have answered your question satisfactorily :0)

Each time you sell high and buy low that average comes within easier reach; GL Ade217 :)

Good article , one2one! If Clon doesn't come through on their claimed asset this year, with all that is going on around the Tano basin, then I think I would need to conclude that the whole thing is a scam....let's hope, at last, they manage to pull the rabbit out of the hat GLA, especially LTH :0) x

At this point I would normally sell quite a bit, then wait for the drop and buy back in. I have being doing that with some success for years now. However, my instinct is telling me its time now to wait. Don't know how long (DYOR) but I'm getting increasingly nervous about selling in case news drops regarding Ghana. Just sharing my own strategy guys and GLA :0)

Chitta is well right about the "periodic spike". No matter what happens with ramping or de-ramping, news or no news, the one consistency with Clon has been these sudden, seemingly unprompted, spikes of 20, 30 or often even 40%. They are far and few between, but, as Warren Buffet said it "the stock market is about the transfer of wealth from the impatient to the patient". My advice, buy low and hold (patiently) for the next spike, then sell. I won't sell everything though, I leave a wee bit in JUST IN CASE!

Share price needs to come up quite significantly in order to raise money. Or, the curtain could come down....any other thoughts anyone? :)

Yes, there is no doubt in my mind that lithium will be well sought going forward, but........

Thanks Beetroot. I think your observations are very useful and hopefully this will stimulate a good response/debate from other Clon'ers. I am more than happy to reach clarity on the facts GL :)

I don't think there is any question who benefits from all this. I ask this, if you could have a career in which you were paid a large salary, got to decide your own job description, work or not work whenever you wish, guarantee yourself a good pension and all you had to do was keep a few people in hope of making their fortune and keep them there by renewing their expectations now and then with news of a new venture. If there are a few of you doing the same thing then you can take a holiday knowing someone will hold the fort while you are away, what would you do???

In that kind of scenario, the less (minimum RNS) said the better. My advice, for what its worth: Be realistic, manage your expectations and buy & sell accordingly.... happy Christmas all :)

I always keep some dry powder on hand for buying the dips....sub 0.06 and I might go all in though :>)

History doesn't repeat they say, but it often rhymes. If we don't get any action after a time the price will drop until the next batch of excited posters comes in with the usual mantra...e.g. must be a leak! or this is way undervalued and news due any day or similar.... Still, on the brighter side, a Peter and the wolf scenario is likely to happen, eventually!! Even a broken clock is right twice a day GLA :>)

Yes, I can confirm that the ratification news is almost word for word what was posted in the RNS many years ago. Sadly, it's a nothingburger :)

Last person to try to mess with the Petro-Dollar was Gadaffi, and look what they did to him!!

Not financial advice anyone and please DYOR, but, having been in this share for over a decade, if not for Ghana and the established legal claim on Tano block, I would be well gone and never look back; only IMOO :)

At the time sells were being traded, 8.50am, they were selling at 0.085 - 0.086. As the 10ml sales were priced the same then they too must have been sells...that's my logic anyway :)

I would suggest just selling small amounts, say 20% and if it goes up again sell the small prophet. That way you still have a good bit in for any future rise and some cash on the side for when it goes back down....you need to take the emotions out of it and stick with the principle, that's very important part of successful investing. I bought back 10% at 0.09 and will again as it drops...its a win win if you take out the emotions GL :)

I'm puzzled that the SP hasn't risen today. There has been well over £60k worth of buys! MM's keeping it down, or hiding something, perhaps???

Jenkoo, I have been here forever and a day. Others have asked the same question and if you look back on my posts you will find all the information you may be looking for....GL :)

Admitedly, I am beginning to get nervous about selling now. Next significant drop and I'm all in. Just too many things pushing Ghana to move on this and I don't want to get caught out, GLA :)

That's a first!! I just sold a little, as I tend to do on the way up, and although my exchange sp was 0.078, they paid me 0.08. Never seen that happen before so make of it as you will GLA :)