Member Info for Risendshine

Last time I seen all those big "unknown" trades it was the Aussies during that missed drilling opportunity. If it is, we can be sure of one thing, an RNS will come out as that company Clon is hooked up with are all about value for their shareholders. You may have noticed that we got more RNS' from Clon during that time than the previous 5 years! Should know soon enough though :)

Its hard to sell on the way up and easy to look back and say....I should have taken something when I had the chance....GLA :)

I agree Chitta. I've been here a long time and this is a different pattern than I've seen in the past..... Maybe Ghana will need to make a move on this and peeps in the know are sensing it? Who knows :)

Noticing some people having to explain certain posts just after a person I have filtered. If so then I filtered them due to obnoxious posts arguing about stuff that was nothing to do with investing. I asked him politely to stop doing it and he replied with something like "I chose what I talk about"... so I replied "well, I chose who I chat with" and filtered them.... I don't like arguing so I have no need to interact with him/her...... GL peeps :)

Usually when someone puts big amounts in and pumps the price everyone things its a leak, FOMO's in and the price pumps. Then they dump their shares and peeps are left holding the bag. It happened the other way around this time. They put a huge sum in and everyone took profits lol ;) GLA

Good call Mr. positive!! One minute im happy with it going down as I have some spare cash for the dips, next minute I am happy it is going up, as I have quite a bit still in there...win, win folks GLA :)

If anything of the past 10 or so years is anything to do with it Pat then your opportunity to sell will come again at some point. The trouble is that things always look as though they are going to keep going up and FOMO kicks in. I have never regretted selling some on the way up but usually always regret not doing so... GL :)

It appears to be taking between £5k & £8k of investment to move this share about 3 or 4%. What might some sort of positive announcement do...if that ever comes that is :)

As soon as this drops into the 0.05's I am putting my top slices back in :)

If you have some cash sitting on the sidelines ready to buy the dip then it wont really matter whether it goes up or down, If it goes down, you top up. If it goes up, you take some profit and load up on more cash for the sideline....it takes the stress out of trading :)

It seems that there was also a big share buy/sell on PET, at a similar cost....interesting! :)

Judging by the low trade price it must be a "sell". Should be interesting to see how much that moves the price :)

Iamrich, I agree lol...a good teacher though, will always be trying to do away with a need for himself :))

Sorry, I meany Fear Of Missing Out*

Rinseandshine lol.... Prophet instead of profit was definitely a "Freudian slip"...long story!

That worry you refer to is known in the game as FOMO (fear of losing out) and it is the sure way to loose money. Warren Buffet (seasoned investor) once said that "when others are greedy be fearful and when others are fearful be greedy". He meant that we should buy when everyone else was selling and sell when they were buying. It's also known as "buying the dip". That's the way to get rich on the stock market and it has always worked for me. FOMO is an illusion and I strongly advise against allowing it to influence you...:)

As I have tried to share with peeps here before: I too was left ho;ding the bag many years ago on here. My average price per share was around 6.2p. Each time it fell I put in a bit more and when it went up, over the amount I just put in, I would take it out along with the profit on that small amount. After it hit what I thought was bottom, I pout it back in,,,,rinse and repeat. This requires patience of course. By following this method I have now taken a few K in prophet and my average price per share is 0.108. Now, any time it spikes, I take out prophet and just wait till it goes back down before putting "some" back in. Recently, when it spiked 40%, I took some out. I am currently waiting till it either drops below my average, in which case I will put it back in, or till it goes up even more, in which case I will keep taking out....rinse and repeat. I don't say this to boast but to help, if anyone wants to listen this time :)

Peeps on here may notice that I only comment when the discussion is on Ghana. There is a reason for that. I know the nature of Clon as a company, warts and all (and there are many) but that doesn't mean there isn't money to be made here. Ghana is and always has been the one genuine hope here. Even if it keeps dragging on for another 10 years, we can still make money from its volatility in the meantime, and, you never know, the big RNS may one day drop too. All in my own opinion, DYOR & GLA :)

The IMF is a essentially business but also a tool to help the Western alliance control nations. They give money with conditions and no doubt they will be going all out at the moment to secure oil and gas supplies, The big multi-national oil companies are also in bed with the IMF etc. so they will also be securing a big slice of the pie. What all this means for Clon? I guess we can speculate. However, one thing is for sure, Clon have themselves a place in the middle of a very sweet spot in a very strategically important area which will need dealing with going forward.... all in my own opinion of course and please DYOR :)

Yes, at the very least, sell the rights to the block and allow someone else to mine it but something needs to move on here IMO DYOR :)

I am thinking that since Clon are sitting on a sweet spot within that area then at the very least they will want them out of there so they can get on with whatever they are planning. Having already settled the legal dispute "to Clon's satisfaction" and therefore halted legal proceedings, Clon has to be in a great position to get something out of this. In fact, it seems that the deal is already agreed. Things are beginning to move and they simply cannot move without Clon's involvement....next RNS will be very telling, if we get one!!