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It is an extremely immoral way to earn a living because it relies on hoodwinking unsuspecting genuine private investors into certain destruction of almost their entire investment.The board know full well your investment is going to get blown up but they need salaries - so they have to do it regarless of the immoral aspect. It's like me taking bets from people when I already know the outcome.
Nearly every single Amur Minerals Investor is sitting on huge losses and the only chance of limiting this loss is by averaging down at ever cheaper prices,which virtually every lth has had to do - thus being trapped in and facilitating ever more of these horrific death spirals.
It a lose lose situation, if there's no death spiral then it's game over - if its a death spiral then its yr investment wiped out.
It's Totally Pointless Investing on this basis -Trade it Yes, but to invest in it is pure folly.
Good day for Rose but they need to rns the permits along with a plan otherwise this rise will falter and she will fall back.
Superman.The reason there was no rise on SL spud was because the flippers were dumping over 100 million placing shares on the market
That will not be the case on WH Spud.So there is no comparison. Matad are placing free to rise on WH Spud.
Permits news is coming !
Fill Yr Boots at bargain prices.
5.89 now,The Phoenix is starting to rise from its lows ! Investors buying now will be well in the money when the Wild Horse Spud RNS hits the market.
We would like to thank our long term shareholders but Robert cunningly omitted"""for losing almost their entire investment in this project whilst keeping the overly large management in salaries of around $1million a year for the last 12 years.
Losing almost your entire investment as 90% have here is a big price to pay for being a long-term investor.
Ole Fundy's starting to sound desperate. He wants to short a share that went up over 1000% last year on speculation alone.
And that share is about to Spud a well targeting 480mb with 100% ownership.The word Folly springs to mind.
IG are taking no more bets on Petro Matad and Fundy wants to short em, lol
Experienced Investors will know how irrational & unpredictable the Aim market can be for these small highly leveraged explorer's - and this has been clearly demonstrated on the downside here this year.
The 2 large Placings completely killed the sp stone dead and condemned shareholders to a daily red drift as the placing subscribers unloaded their placing shares and then there was the SL duster to knock another 2p off the sp and complete the rout.
So we've seen some serious downside but do not be surprised if we also see some serious upside when WH Spuds, when punters see a rising share , as they will on WH Spud, it's like a magnet and draws ever more investors in, as was proven when the sp here went from 3p to 39p last year on speculation alone.
I expect the WH spud will get some decent traction north because there are no flippers to stifle the rise this time and when this turns blue speculators will all want a piece of the action on Aim's biggest drill of the year.
Irrational Exuberance abounds both ways here !
Gentlemen Place yr Bets !
Maybe Riverfort are now up to date with their selling programme,having sold 10's of millions recently at 3.7p and they can now await a higher price before selling again.
We will all know when they start selling again because there will be constent large sales posted at the end of the day and as we have no IIs,these relentless large sales can only be the work of Riverfort.
That's just a theory, no one knows for sure why they have stopped selling but they have and the sp is rising.Perfect timing for an rns - without their selling we could quickly go through the gears on some decent news and I still think there is to be some news, its just coming later than expected, which is always the case with amc.
The buys are clearly outnumbering the sells, Riverfort are not matching the buys with sells anymore, the bid is being raised,its recently gone from 3.6 to 4.31,that's a 20% rise.
The Phoenix is indeed Rising !
I expect the Doomsayers(no names just yet, save that for Spud ) to come out on Wild Horse Spud with their hands held up high and admit that in spite of the compelling evidence you all failed to comprehend that Wild Horse would Spud in 2018 and that waiting for the elusive 3p entry was a pretty dumb idea given all the information confirming WH will spud as planned.
I wonder if they will all suddenly disappear on WH Spud, I hope not ;-)
Yes Hallowed,It's often difficult to buy shares in Matad,on high volume days it's generally ok but when the volumes low or it's moving north it can be very difficult to buy in any reasonable size. I've had limits of 1000 shares at a time quoted which is simply ridiculous and not worth transacting.
You just have to wait and keep trying but it can be tiresome, just be glad you don't have to buy when it's heading north.
I'm looking forward to being right on the Wild Horse Spud but it won't be a good day for the doomsayers who have not managed to comprehend the compelling signs that Wild Horse Will Spud.They will be left scratching their blockheads as the sp heads north on Aim's biggest drill on the year.
Expect 8p and Rising on Spud !
Riverfort's 3.41million shares will be admitted to the market on or around 25th Sept.Its in the rns.
We can only speculate as to why Riverfort aren't selling but its certainly strange.Riverfort were relentlessy selling 10's of millions at 3.9p and now they can sell at 4.3p, they are not selling ? Make of it what you will but it has to be a positive sign, any action that results in a higher sp is positive.
I'm holding.Anything can happen here !
Hi DB, I'm currently being offered 4.2344 by IG to close my spreads.That's just under 10% profit for me.
Riverfort cannot be out of ammo because they got another 3.41million 2 days ago and for some unknown reason they haven't been selling recently even when there has been volume.
Is something brewing ?
Hooray....I mcan't believe It,my amc spreads are showing blue !
Miracles do happen ! They are up 8.9%.
Long May this Rise Continue, maybe something's happening after all and why are Riverfort allowing this ?
Looks like we're going to drift around until the Wild Horse spud's announced as stated by the company.
Matad will open gap up on this announcement and those wanting in at the higher price will have difficulty buying in any size,as many of the regulars,including myself,have experienced difficulties buying Matad when it's rising.
I'm certain Wild Horse will spud, they are not going to say it will spud as planned and then 2weeks later say it isn't going to spud,no explorer would act that stupid.
WH will spud,whether it gets TD, I don't know but spud as planned it will.
The Silence is deafening !
Shareholders deserve some kind of update on media week & those significant announcements.
Genuine Investors have bought 10's of millions Amur Minerals shares based on these events and deserve some kind of update on events.
Robin " Oh Yes, Media Week, Well, Paul, just put that Media Week file with the 2017 DFS & 2017 PFS file, next to the living document file just to the side of those ridiculous milestone files I made up for Riverfort", ..PaulG " But Robin, That file is already full with all the guff you've fed your shareholders and there's simply no more room", Robin, "Oh please stop mithering me Paul, I'm trying to arrange the Christmas party at the Savoy with Mr Riverfort"..PaulG" But Robin, I've got Alistair Ford on the phone and he sounds very angry, shall I just tell him it's exciting times" ? ..Robin,"Hell no Paul, he'll never buy that sheite, that talks just for shareholders..Tell him, that we have the right product at the right time in the right place, that should do the trick"...
Regardless of this latest run of Porkies and non events I still believe Robin's finest hour was when he proudly announced to his loyal shareholders that they had landed their first long-term Instutional investor.Their name was Crede.
This unbelievably disengenous or unbelievably naive quote is the stuff of legends and will go down in the annals of Amur's history as one of the greatest ruses ever deployed on Aim.