Member Info for Sanboy

Oversold and should see rise on back of filled orders over the next few days. This should move into a 28- 31p trading range before news hits

San

Plpface agreed. I think the MMS will want to accumulate as many shares as possible, and fill buy orders before news comes in.

San

You can do both. Trade Pot and Investment Pot. EUA is seen by some as an investment opportunity and others see it as a great stock to trade. As long as nobody is trying to hammer the price for their own gain then both can coexist.

San

People are selling as they believe the SP will drop, which it has done from this morning. The risk is that a BID comes in when they are out and they remain locked out. Many have assessed that risk and believe they can accumulate more shares by buying back in at a lower price before the big RNS drops. Flanks was never going to be the big SP rocket as it was already known that license request had been submitted.

San

Depends on if the BOD expect the same value as some people on here! An offer will come in, but patience is key. It was expected that traders will trade it today and some holder will top slice as it hits new highs. Back in at 25.5 means collecting just shy of 10% more shares. Ready for a bid, which i think will come in the next few weeks

San

You have to remember the rise was yesterday in anticipation also, so individuals trading this stock will have sold on the entry point early this morning. I have a buy order at 25p and managed to sell at 28p so means i can accumulate more if the share drops to my buy order. If it doesnt then no drama i will have banked a nice 2k profit buy holding the stock for a few weeks

San

Ahh just noticed joint broker, so assume the broker note you linked is a joint one?

San

I thought we were expecting one from Berenberg?

San

Broker note too Merc

San

I'm wondering whether broker note is waiting on first set of Scally results? Gives them a better target price potentially to offer out

San

Just read your post Spratt after I repeated exactly what you said...great minds

San

Tom should hit those target sp prices on the surge prior to next drill results in 3 weeks

San

Tymers, exactly what i do. Build up shares, not look at value of those shares. You sir have won the internet today

San

My buy also showing as a sell. Something strange happening

San

Spread tightening

You ready for the bounce

San

I have sourced some funds selling some AVCT that im trading . Top up at 12.69p lovely

San

Apologies if this has been discussed before, but wanted to get investors views on this theory. Newcrest set aside a sizeable amount of capital in March and the share temporarily suspended as it was confirmed the purchase of Fruta del norte mine for 300mi ish. I cant remember the figure but i think they set aside 1 billion dollars, which i imagine was set aside to protect the existing business assets. Could the money set aside this year along with additional request again in March 2021 be set aside for a full buyout of GGP? I imagine if Scally doesnt hit big then this could be dropped to purchase of the 30% Hav license

Interested in views

San

Spot on! Impatient gamblers hoping for a quick buck. MMS have worked it out and are walking the share down, which gets rid of some of those holders hopefully to be replaced by sticky hands. In a slight deramp statement, the MCAP is currently high based on the potential we have in the ground. We are inching ever closer to it no longer being potential, but actual and you can start to double that MCAP as a minimum. Thats not going to happen overnight folks. We need the MRE, we need the commencement of decline and we need more drill results. Im predicting 50% rise on MRE issuing, end of year / early next which is only 4 months away... we are almost into September!

San

San

Schlemiel agreed, but the majority are here for the long haul (MRE, SCALLY, decision on 30% license with GGP). People ignore the noise, sit back, chill, listen back to Gervaise interviews if you are getting nervous. The fundamentals have not changed, actually they have improved if you check Gold Price!

San