Talk of dumpers and buyers, parr for the course, this is a share, it’s function is to be traded for many reasons:
1. A dividend, not likely here for a while
2. Expectation of it rising, reasons include public offering at higher price, management skin in the game, general market sentiment, even dare I mention the word Charts
3. Expectation of a fall, trend, investors reaching despair point, too many other reasons to list.
The way I see it is for most the point of exit is gone, it’s not worth trading, my heart says average down, my brain says wait for news. And so I wait for news, the business model seems achievable, almost unlimited scalability with first mover advantage, my only question is honesty and truthfulness of Management. Good luck all those stuck in here at the mercy of events, then aren’t we all really at the mercy of events.
All we need now is to find that the coating turns base metals into gold. Will not be top slicing this until £10. As someone mentioned this has potential to be a licensed global replacement to convention plastic coatings, and it’s biodegradable, does it get better or will I wake up.
We seem to be treading water or drifting backwards as ALL other PM shares are rising sharply. I understand the reason NM is playing a waiting game but come on the cornerstone mess shows he is being distracted from the main goal of adding value. By all means tie in Franco Nevada, impose some poison pills, whatever is needed but let’s get on with the business in hand which is developing the biggest Copper, Gold and Silver deposit discovered in the world in the last 10 years.
After a brief description of shares to increase guidance in Shares magazine this morning, added to an increasingly long list of Gold Miners, this seems to be lagging the recent rises despite sound fundamentals. My last 2 buys have bagged in days, Gpss, and Sym so here’s hoping for 3 in a row.
There are two literary award for the worst Science fiction paragraph and worst sex scene in a book. Might I Be bold enough to suggest the addition of “the worst chart technical analysis,“ examples please for consideration.
This is the latent part of the share price rise where a lot of goings on result in little or no share reaction, but it still has to be done, sooner rather than later, hopefully, if all this latent energy will with the action of a news catalyst, result in a massive share reaction. Enough of the thermodynamics for now, I’m happy to sit it out in the knowledge things will only get better.
Rarely seen such a small spread, twice there have been significant drops on opening 7% and5% and latter small rises. I’m not a conspiracy theorist but something’s happening behind the veil. China on collision course with just about every government they haven’t bought out, can see both Fed and Spin doing well out of coming mayhem. Fed and Spin, nice ring to it.
Inevitably after a 500% rise there are going to be slack days, no news slight drop good news hike to next level effectively A staircase profile. If fast tracked this could easily be a £billion company and share price to reflect use as COVID-19 treatment and also as a treatment for seasonal flu complications as well as cope. Since the treatment can be self administered this adds greatly to its appeal to central governments especially USA where ant professional medical intervention is hideously expensive. All in all is is not unreasonable to see this at £10 near term with a bright future.
Gold $1860 makes this even more of a bargain, mine can be financed through gold only, with the copper being the icing on the cake. As the world economy gets back in shape so ESG issues will force copper to new highs, so whoever eventually gets the stuff out of the ground it’s going to be a win win. We mustn’t forget Silver as this is playing catch-up with gold currently $22 all adds grist to the mill. Theres going to be one huge party of consolidation in the precious metals industry, maybe we will be the ones to bring out the punch bowl.
Considering this has been in the biggest risers over the last couple of weeks, I’m surprised it hasn’t attracted a few followers. Never mind as long as gold continues to rise and so does Gpm, then theses will rise at 4 times Gpm. As we approach subscription time price will reflect the in money price could be 30 to 50p by November, we lucky few.
None so blind that those who do not want to see, ditto hearing. My argument being the uncertainty, Franco Nevada ploy, Director resignation, joking offer for Cornerstone, all makes investing uncertain. Not absolutely certain an offer will come, if I was I’d be all in not 5% but as sure as to be confident. Anyway time as always will tell. If gold hits $2000 will top up as it would be rude not to.
The longer they wait the dearer it gets, to think a couple of weeks ago this was priced at 30p and the other stalwart Ggp at 13p both gone backwards whilst the likes of Gpm, Gpss, paf, Shan, hoc, mtr, as well as many others have just about doubled. If it wasn’t for all the uncertainty over take over this would be trading at 40p or more, ask why not, big boys are sowing discontent, misinformation and muddying water so when the first pathetic offer comes some saps will snap at it. Stay strong we all, I think, know what these are really worth, and that price is rising by the day, sorry make that hour
This ha s the power to fast track the world to normality. Fear of uncertainty has been the hallmark of Covid 19 this treatment means the lottery of if I’m the unlucky one in a hundred, will no longer apply and apart from the very ill everyone can sleep safe in the knowledge there is an effective treatment. Once the rest of the world study the results and come to The same conclusion well the sky will no longer be the limit, holders you have a golden ticket to the game of fortunes don’t sell them all and definitely not cheaply.
Surprised to see it open down 8% was expecting 8% rise. Anyway seems the share has righted itself. Can’t wait for this phoney war to end cannot see it going to 15 Oct although one never knows. Don’t know about keeping powder dry but Newcrest seems to have theirs still wrapped up in the Arsenal. Sooner or later one of them must go, enough of these cliches.
News anytime soon, must be due a RNS, will give the usual suspects something of relevance to discuss. Whilst all this non news is going on, gold is still following its upper band to get above $2000 by September, some think it will hit resistance I can’t see serious resistance below $5000, could add a “0” to Ggp share price by then. Anyway over to Solg where I am expecting developments, hope they’re good.
We are not dealing with a new chemical substance here we produce interferon naturally, the normal timescales are redundant and pressure is on every government in the world bar none to get their economies back to a semblance of normality. This governmental pressure will see extended “trials’ all over the world on huge numbers. Forward ordering as per the recent untried vaccines from the Government shows the likely progression of Syn. As was mentioned in a previous post market cap can multiply several times from here and that is on the COVID-19 basis, if you add in the multiple uses for seasonal flu, cold etc, this share is at the bottom of a very large cliff. I must add I have top sliced this at 208P but will not be top slicing again until £6. Gllth
For a guide to as to where Shanta is going look no further than Pur. Suspect latent work complete here and any further good news goes straight to the bottom line and The share price, 40p by Christmas and with gold trajectory £1 by this time next year. In the spirit of truth
Only a small holding and juries out as to honesty of board, hardly worth the transaction fees to sell, had the same issue with iip a couple of years ago, at least there, there are tangible assets and it trades at about 10% of NAV, here however there appears to be no assets just and idea that seemed a good one. Would not be surprised to see this at 0 or 10p in a year or two, here’s to 10p, cheers