Member Info for Sandy_Rivers

Good entry at these levels. 11 has been major support for quite some time. Have added.

Perfectly Timed Post.

There is background to suggest he's in Ed's circle.

So either Ed's mate really believes in him, or Ed has just duped one of his mates.

All these "tankers" remind me of that video of King Jon-un showing off his huge weapons factory, where actually, in reality, a guy kept running back and forth in the background placing the same 1 box back at the start of the conveyor belt to make it look like a production line.

This is how AIM works, and in current market conditions, there isn't much money going into a lot of companies. needs to hold 2.45 50 day, otherwise will be going well below 2p

Welcome and nice deramp as your first post.

As with all none earners, shares drift for some time until news triggers. at below a penny this was an absolute steal with the discoveries last year and current pipeline. Directors are well invested and our CEO is actually an experienced geologist which is refreshing for an AIM stock.

is income the end game here? do some proper research and come back

RNS Not showing yet, but very encouraging. Have been collecting here last few months.

The risk / reward at these levels is very good vs Mcap. This is a risky share don't get me wrong, but got to take advantage of averaging down at these levels. Not clear where the bottom is but another drop i'll add again.

Can't keep spinning plates forever and not deliver anything. Hype has always far outweighed realistic expectations with this company.

There's not enough volume to hold this at any level. MMs drop when volume drops.

Also don't mention the P word...hopefully at a higher level than this

I think you need to be more realistic with your SP expectations.

Why, because there are currently no great surprises here, it will stick within the same moving price trends unless there is unexpected news (good I hope) when it will form a base for a new trend. Also, external factors, The Oil price has dropped back considerably since the 60p highs.

For those who are spouting a quid in the next 10 minutes do me a favour.

But in time, who knows...

Well, I was right with my Dead cat prediction yesterday.

Averaging down just makes you even more exposed to a company with no feasible projects

Dead Cat bounce coming shortly possibly tomorrow.

This company really is dead though, absolutely nothing going for it now, a market cap of a quid would be too high based on assets. Wonder how much cash they have, few mil maybe? so .4 seems fair SP for now.

It really is about time the Government did something to reign in these Developers. It's not limited to just persimmon - the whole industry laughs at the idea of corporate social responsibility. Whilst this is obviously not good news for holders, for the industry as a whole and for the consumer hopefully, this can make a change for the better.

Also, 7% down is nothing compared to if help to buy is actually pulled, note a statement from the 2017 annual report.

"Any restrictions in the availability or affordability of mortgages for customers could reduce demand for new homes and affect revenues, profits and cash flows. Early withdrawal of the Government sponsored Help to Buy scheme is
likely to impact on the availability of associated mortgage lending and could reduce demand for new homes from first time buyers,impacting revenues, profits, and cash flows." - Identified as High Risk.

Note recent headlines stating that first time buyers are now the leading demographic applying for mortgages.

Further from 2017 annual report

"During 2017 we sold 7,682 new homes to customers who have secured a Help to Buy mortgage with
6,525 new homes sold in England, and 1,157 in Wales and Scotland. "

There is nothing that can replace these Help to buy purchases - note that most lenders will mortgage up to circa 80% LTV which completely wipes out 1000s of purchases (some buyers just used help to buy when they could afford to buy it anyway, but hey, the government love to give out free money to the wealthy)

This has been reported everywhere, not just the daily mail. If it is pulled this will be 40%+ down in no time. SELL

Looks like a sell to me.

What we need is someone to keep a spreadsheet of all the buys and sells going through so we can see whats really going on.

BF, Look at Level 2 to see how many shares are available. Sell in Tranches if there isn't enough at the Bid level you want. This is how the market works.

Added another 100k today. Won't be around these levels for long.

It's not worth anything if you can't sell them....

Same timing as last year if drops tomorrow. Got to be a bit of leeway for the Xmas break!

was quoted .9 yesterday afternoon. getting .98 now.