Member Info for safetyman

Up $945 today on Bloomberg. If prices keep rising there will be no need to increase production of tungsten and tin.
Mind you increasing production at the same time is no bad thing!

Wolbury, I thought they were large sells to entice people to sell. All a bit conspiracy theory, but whatever it is, it is strange in volumes and frequency of occurrences compared to what we normally see.

Thanks for the pointers etc.
Would you know why on the trades it looks like big sells are doubled then subtracted, is that a way of doing things?

So that’s where Piers Morgan had gone.

OMR, I looked up the website, which looks like it needs an update. However, under the shareholder bit it quotes MM at 15.32% which means the dilutions over the past few years have also hit him as well as us. So he is loosing on the price he paid originally and his share of Wres ownership, can’t see that he does not have empathy with our pain on similar matters of SP and dilution.
The remedy to the pain is production, which at this current time has an added bonus of increasing prices.

OMR, Last time he dipped into hid own pocket was to make a loan to the company. I take your point that buying shares would send a positive signal. It might be that if he has spare cash if he were to use it to provide that cash to Wres it would be a better use. Or he may not have any cash to do that with, he has put a lot into Wres over the years, I think his holding is about 20% ( I stand to be corrected as I can’t be fussed to look it up) of the company. Which is a lot of skin in the game for a CEO on AIM. I think it was about 30% of his total worth. Do I definitely feel that we’re he able to put more in he would be judicious in doing it in way that has the most positive effect on the company.
Whatever, pain we feel with regard to a low SP, I would have thought he also feels.

Troajan, I have looked up the Baltic Dry Exchange, it said that it refers to shipping of commodities metals and such and is used as an indicator of trends of economic activity. It also said on news release 28 hours ago that it is at all time high. So good news going forward for those producing metals that are in demand.... let’s call them mining companies like Wres for arguments sake.

GUG. You seemed to be interested in cars that I wanted to buy. I don’t know you knew that!
You also referred to K3 and his selling of shares, when he had not mentioned that in this BB,or anywhere publicly as far as I know.
So to Know that you would have to be a friend of his that he told, or you have access to information on who buys and sells or some one that does who then tells you.
I have no access to such information. Having got the information you then posted it on this BB.
So, I think we differ in opinions. I have responded to your comments on my views, I have posted points that I have concluded about others I have met that i believe to be there positive qualities that can add to the success of Wres. , I don’t think you look for positive qualities.
It is about opinion at the end of the day, but posting about someone else’s buying or selling that is not information in the public domain is not opinion and is something that I would not do if I had access to that information, but you did.
As regards your commenting about who had lunch with you, I have checked my memory and my apologies are due as I don’t think it was someone with your poster name. I should explain before you started posting there was someone who does not post now, but had a wrong style diary to yours: that was the one who was stating about meetings as who had seen who particularly where K3 was involved.
That person seemed to particularly dislike K3, which is the impression I get from you.
Regardless of all that we can both be pleased with the increasing trend on tin prices and the effect that has on Wres.

Up $690 today. Metals seem generally on n upward trend.
Troajan this is in line with what you have said and the video links you posted.
But I also noted they were chatting about the dollar, general feeling was dollar will weaken but JP Morgan feel it will get stronger against its peers.how will this affect how metal prices in your opinion?

GUG, I feel sometimes you are being provocative and somewhat vexatious., but then again it may be that you are actually concerned about my welfare. I am merely expressing a view of how I see things. In the interests of clarity, how I see it is how I see it.
Clearly, as you are someone that is heavily invested with Wres you have an interest and are of course entitled to your opinions too. However, you are not invested in me and so I feel that I can see things as I do without taking your view point.
Mind you I am flattered that you take a interest in me and like to explain things to me. ... and if it makes you happy, then continue to do so.

GUG, I have not said there is insider trading, are you saying that is the case? You seem to know who had lunch with who and things so I would defer to your greater knowledge on these matters.
What I would say is sometimes people see or know about things, I once made a packet because I took a decision based on a long que at Tesco. Perhaps someone saw a question of lorries leaving blank Parilla? I don’t know.

GUG, my understanding is what you explained. I don’t think I argued against that. - if it was Atlas making the sell at that price. My view on it is that, if it was them, they have sold on what is, for them, a loss. Their selling now gets rid of overhang, which is no bad thing in its own right for Wres (that’s me included as a Wres shareholder)- which is also better for those investors wishing to buy some at the reduced prices caused by the selling ( which is people like me). So there is a view pony that could be taken that there was a de facto loan for a given amount of money that was paid off for a lesser amount of money.
I am, of course, not speaking from a point of actually knowing who is doing with or what to whom or with whom,
If someone is actually factually informed on any related matters I always will read or listen.

What appears to be a lot of buying: if fo the sentiment is that we are at the bottom and are now moving to a positive upward movement in the SP, some buying due to improved confidence, and/or those with a mind to sell now having done do, or some speculators moving in. In fairness I don’t really know, but I wondered further and thought it might be the case that the shipments alluded to Michael Masterman are, or will be, taking form. Furthermore, that said shipments may be of goodly quantity and quality and that there may those that are aware of it.
It could be that there is other good red waiting in the wings,
We might get a positive RNS tomorrow.

So we agree that a large lump of sold pulls down. But it didn’t.
Could we sell another big lump balancing it off popping up post doings?
I appreciate your explanation if these matters, as I am not fully up on strange trading practices.

Troajan. I have always thought that a large mass creates an effect on the space time continuum that manifests as gravity. So if it was sitting there I would have expected to see something move, attraction being what is, so I think your theory more likely than L200. Mind you it does seem altogether odd, large amount, timing etc.
Incidentally, the heroine in the tv series ‘Contimuum’ is an exceptionally attractive woman imho.

GUG, if that was a sell by Atlas, I have got to take me hat off to MM. I think that would mean we got a loan and paid some of it back for less than we borrowed it.
Also strangely, I would have thought were it a sell it would have created a gravity well. Mind you if it were a buy it did not create an antigravity effect. I can only conclude it didn’t have mass, or it was just an energy form at rest and manifested its own gravity field, albeit without mass.

You would have thought a 70 million buy would have to be got at higher price. It’s like dark forces have contrived to mug people into selling so they could pickem up cheap.
But as I don’t know, I can’t say. I Love a conspiracy theory.

That doesn’t make any sense Safetyman. You need to take a ‘done’ out.

Movement is a nice thing to see. Looks like those opting to sell out and take the big hit have left the building for the most part. If we get good news now it would indicate it’s a good time to buy more or buy in and that they may even be done well informed people about. If the SP climbs consistently it will interesting to see if the views of some change.

And someone has bought £5 worth.