Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Everyone has a bad call now and than, especially on small cap and aim. If you are looking for a large cap with bagging chances go no further than Fres or Hoch or indeed any producing silver plays. Silver in my opinion is about to blow possibly $100 0r more, if and when it does Silver producing mines could 4 bag or more. If you don't believe me see what price you can buy and take delivery of a silver bar.
Been out for 2 months now mainly because of the appalling management. It would be wrong to say they couldn't organise a Pixxup in a brewery they could, only they would set the date one day before lock-down finished. Fed has to be worth 40p on its own and I will be keeping an eye once momentum starts to build, such a shame on Spin as the USA needs all the new chips it can get before the Tech war with |China really starts.
The 3% discount at Fridays close must be seen in the light of recent falls, more like a 25% or more discount to when the parties were offered shares. That aside a very good deal in the long term particularly at a time when oil prices are so firm, all in all well done board.
At 8am opened up 6% looks like rising as realisation we have a very deliverable low cost predictable copper mine in the best jurisdiction in the world
Bought in as I think silver is vastly undervalued. Sooner or later there will be a credible Silver squeeze either by Investors but most probably by Industrialists wanting Physical silver to maintain production. Once the Comex dam breaks silver will very rapidly regain its tradition relationship to gold and could easily achieve 30% of gold price due to the squeeze. In the short time frame inflation will constantly revalue gold and silver so basically its a win win situation. Equal weight in Hochs and Fres, any advice on silver miners appreciated. GLH
Bought in as I think silver is vastly undervalued. Sooner or later there will be a credible Silver squeeze either by Investors but most probably by Industrialists wanting Physical silver to maintain production. Once the Comex dam breaks silver will very rapidly regain its tradition relationship to gold and could easily achieve 30% of gold price due to the squeeze. In the short time frame inflation will constantly revalue gold and silver so basically its a win win situation. Equal weight in Hochs and Fres, any advice on silver miners appreciated. GLH
Production is the only real take from this RNS, wondering how MMs can put a negative on this but too long in the tooth to expect fireworks. May well add when initial rise is over and it eventually drifts lower. Shale has effectively put a $70 price on Crude so could be a 25% uplift in profitability.
I’ve been trying to educate those at Ggp with buy 4 get one free but most there think I’m trying to deramp. Ggp worth 50p derisked so it’s hard to convince people who will make a shed load anyway, but here they’ll make a shed and a quarter and have a rag bag of other shares left over. Think these will break 40p shortly, although bitcoin has performed better than I was expecting, we’ll see what happens when the **** hits the Magic Money Tree fan, so far gold has overcome these panics for 4000 years, don’t think bitcoin will be around in 40 years, except in history books next to Tulip mania.
Pleased to be wrong about suspension, with the accounts given a once over think this could have legs. Fin tech like this is blue sky and who knows the Idiots over a Wall Street bets could jump aboard. Anyway GLH now the possibility of this being a Ponzi scheme is behind us can see this Multi bag with the news of new alliances particularly Europe and Middle East.
Invested here via SVE and noticed nearly all Goldies are in a similar situation to GGP due to Gold price. Personally I think gold is in the doldrums at the present due to Cryptos mainly Bitcoin. After every halfing Bitcoin hits new highs but subsequently falls back, painfull if you are a private Gambler but the kiss of death to a professional. When Bitcoin falls back to $17000 there are going to be a fair few professionals having to explain why they spent their money on magic seeds... Dollar demise and inflation will all add to Gold price as well as safe haven money with the coming market declines and Crypto retrace. Without news GGP will be 35p again when gold hits $2000, with news maybe even £1. So in it for the long haul largely ignoring micro changes in gold price GLA
Discount to NAV could make this a 10 bagger just needs a positive update from board. Latent work has been completed and ready for action as India comes out of Covid isolation.
Considering we all believed it was a timing technicality that caused the suspension, it’s taking a long time to explain the difficulty to the satisfaction of the SE. Hope this is resolved soon, cannot believe that there is a financial problem as they raised money last year and cannot have spent it yet unless there is something AZ has not mentioned in a RNS. Anyway have written this off in my portfolio and will be presently surprised if I ever get the chance to top slice at 2p. Glh
This news is exactly the starter we need to prepare for the serious news from Fed and Spin. Sales start later THIS year. Maybe this is the last of the downside and from now on we can look to a continually increasing price. Glh
placing is a cheaper way of getting to production than debt, Royalty sale would have been best but at this stage probably not a viable option. Minimal dilution ok so long as this does not become a habit to dilute to homeopical levels. Apart from the initial over reaction to shake the weak can see this slowly relate as possibility of getting to production becomes more feasible.
The one thing "experts" are good for is explaining what happened after the event, if they could predict they would be successful investors. The clue in the article is the word "monster" when referring to Alpala. Good times, bad times holding an explorer value share is always going to be difficult at times, but remember we own 85% of a monster resource that everybody is going to want a slice of and we also own 100% of several very likely monsters ditto. Its always darkest before dawn but personally I think we are past that moment and its starting to get light out there. The depth of the value valley, often referred to in the share price profile of explorers, is proportional to the size of the discovery, on that basis solg could easily double, treble or ten bag before we reach the sunlit uplands on the other side. Topping up on dips seems to me to be the preferred option for now. GLH
My prediction is that the pet yellow rock will continue to be mined, because of cultural reasons, long after Tulipcoin mania is taught in economics classes under the module “financial illusions”. All it will take is a mega influencer such as Greta Humpburg to come down on the wrong side of Bitcoin and the games up. Anyway as I said earlier, keep a sharp eye on Argo, and if you are the type to panic be sure to panic first.
BBC ran an article this morning claiming that mining bitcoin now uses the same electricity as Argentina, so my advice,( I bagged and got out at 80ish,) this is not a share to forget about, once this starts falling it’s going to be terminal, along with bitcoin and all the other sxxxcoins. So don’t play with crypto cos your playing with fire
Maximum 2 months probably a lot less to get definitive results back and with all those tax losses someone will snap them up for a profit whichever way the wind blows. Seems like a win win position we're in. Could easily mutibag from here given half decent results, GLH