Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
No, you're not being greedy. It was massively undervalued when we bought in. Like the other posters I too am looking for >£6
What a nice way to end the week! It reminds me of the good old days back in 2010-2015 when we often ended a week with a litle surge like this. And whereas in October 2022 we needed a five-fold increase we now only need to double. Highly achievable. GLA.
SS AKA HCMS
Bankrupty, how right you are. Here we are with a market cap of a measly £3.45m. I am amazed that no bigger company has not started to build a stake.
Sullys, yes this is very true, £1 increases should become more frequent the higher we go...
Https://archive.ph/FMv3M
well considered and balanced article. Makes a bid seem not such a bad idea.
So many good, positive and balanced posts today which to my mind demonstrates the very high regard in which pi's hold this company and their investments therein. I, for one, count this as my second biggest investment and tempted as I am to top up under 5p would prefer to pay a higher price upon receiving positive "news", ie not just a glossy video.
From this morning's Torygraph (not that there are any Tories any longer)
8:13AM
Anglo American shares jump as Glencore eyes bid
UK-listed miner Anglo American jumped in early trading amid reports that Glencore is considering a takeover approach.
Anglo American shares gained 4pc amid speculation of a bidding war for the De Beers owner, which rejected a £31.1bn takeover approach from BHP last month.
Glencore has held internal discussions about a bid, which are preliminary at this stage and may not result in an approach, according to Reuters.
Jatw, yes indeed. What happenend in London and the US on Friday left me puzzled. Thank goodness sanity has been restored.
I understand the sentiment but I hope they have the patience (and the patients)
Is my chronology correct here:
This morning up 2% in London
Positive RNS released in USA
London down 5%?
Only asking, as it seems unusually perverse even for this company...
Looking a bit more positive of late which is most encouraging. From here it only needs to double....
Thank you PP.
SS
From the Silver Institute report:
"Overall, silver demand exceeded silver supply in 2023 for the third consecutive year, resulting in a structural market deficit of 184.3 Moz."
Can someone explain to a thicky how this is possible. In A level economics I was taught demand always equals supply (as in demand is what is actually bought rather than some fantasy notion of what I wish I had)
Yes, I bought in earlier this year swayed by his forecasts of it being a multi bagger in 2024. But as somone said he is better at shorts than longs
Mr Tom, having bought into this company on your glowing recommendation I have lost 25% of my investment. Should I bail out now or stick it out? Thank you
Totally agree Biffa. The problem for me (and a lot more, I suspect) is that even if the share price doubles I am still under water. And I am 'buttered' if I am going to stick in another penny while the shares are behaving like they do
Ocelot, yes, an extraordinary RNS from Bluejay. But does that alone account for the huge leap in price of GROC this afternoon?
When you look at the share price performance over the past two years then read today's RNS it would appear to be time to top up, and average down, in the hope of making a penny a little earlier
Because we produce no gold yes, but more to the point, each time the share price rises our CEO issues new shares to his pals which smashes the market cap by 10 times more than he raises. I am appalled by the way we private investors have been treated and this quite rightly deters new investors. Until he learns how to run a *listed company* we ain't going nowhere.
My calculation is that Glen is yielding around 2% based upon the total dividend payout of 13c (10.4p) in 2024. As a newbie to Glen is this a big reduction in payout from last year? (this board is showing a yield of 7%)