Member Info for SEA7

sentimentalist - link to original article please.

of interest....

SHANTA Gold is to buy gold exploration properties in Kenya from Barrick Gold for $14.5m in cash and shares in an effort to introduce geographical diversity to its asset base.

hTTps://www.miningmx.com/top-story/40151-shanta-gold-buys-west-kenya-prospects-from-barrick-for-14-5m-in-shares-and-cash/

yep - 2 x 1m share buys at 3.7p showed up as well

strong buying here now.

someone picked up 500,000 shares at 3.7p a minute ago.

I see that Dean has mopped up another million last week taking his holding to 41m shares

https://www.canadianinsider.com/ca-filing-details/3494003

looking across the wider markets, I see a lot of red ...some fear spreading that something might happen over the weekend
which ensures further falls on monday perhaps.

no news, investor boredom, oil dropped due to coronavirus fears and the endless negative bashing on this board encouraging further selling.

on the company front they are working away quite happily delivering on their plans, which are formulated based on the results achieved to date and in line with timing expectations of upgrades and regulatory processes.

probably got about £10m left in cash in the coffers by now, I expect.

The only real, tried and tested strategy that the average private investor can deploy to beat the MM's at their own game, is to buy when the stock is at its lows and go long. If it drops further, buy more - it is the one thing they do not want you to do, as they know you will be selling into the rise as well. They will be competing with you for buyers, which they do not want to do as the distribution phase gets underway.

will - I would listen to boffer re MM's

Learn about the accumulation and distribution phases of the process.

The market makers themselves want to see the stock trade where the point of maximum two way trading takes place. They make off the spread.

Block trades on SETSqx which is a hybrid market - it is quote and order driven - Private investors compete with market makers for stock on this platform.

Whilst MM's do "make the market" and provide liquidity when there is none, they do have prop trading desks as well and will accumulate at the lows, bide their time and then begin to sell into the rises, followed by rinse and repeat.

The aim market is awash with promoters and other dirtbags that will do everything they can to get you out of a stock at the lows, with the sole intention of accumulating those shares themselves, they then go quiet, the stock trades sideways, then all of a sudden those very same promoters are signing the praises of the company and happily selling into the rise, to you.

This has been going on for hundreds of years - "south seas bubble, tulip mania" etc, etc.

BT - member on LSE for 8 days - made 73 posts, all on BLOE board - definitely a former poster that got banned.

enjoy the rest BTM -you need it!

lol tks v111jas

BTM - please do not say that your whole spiteful bile towards Nicode is because of some comment - jeez are you going to start crying about being called names next. FFS

You are coming across as someone who is desperately trying to get everyone to believe that you are some big shot, whereas most are just disappointed that you feel the need to bash a stock, its holders and the board. You are not doing it for the welfare and financial security of other investors, although I am sure you have your own reasons. Most on here couldn't care less, if you made, lost or ****ed it all up the wall.

Just stop the BS about being a big shot, it ain't working.

BTM is probably only a virtual trader - he hasn't got any money or stocks - just paper trades and his gains and losses are make believe.

BTmakaveli - Walter Mitty "an ordinary often ineffectual person who indulges in fantastic daydreams of personal triumphs"

bt - do you not realise how stupid you sound - bad mouthing others, yet openly admitting to losing over 80k on stocks in the last two years. You state that Nicode has a lack of experience and knowledge in the markets, yet you have lost over 80k.

hmmm, I wouldn't be bragging about such losses - thats a bit like a drug addict bragging about overdosing - effing idiotic.

nicode has clearly worked hard, played hard, raised a family, covered all expenses and bills and still come out £20k up.

the very fact that you are bragging about being a big time player in the markets, is enough to prove that your are not, as big players do not brag on bulletin boards, like a child that says "my toy is bigger than yours"

Goldplats rerate towards a more realistic level continues unabated. The expected grind through the differing price levels is underway, as anticipated, with old, stale holders selling as the price climbs, falls back and then climbs again.

6p is due to fall this time, as the bulk of the 5.5p to 6.3p holders that wanted to sell, have done so.

lack of activity, oil in a bear market and pessimism was already heaped on zenith anyhow - no surprise the price is where it is.

yep - good to see them continuing to hold - they will have been closer to the inner workings on the deal with AAOG and as such, the rns today, shows that despite the silence, they continue to hold and this should be seen as a positive... purely because they see value in the assets by virtue of them maintaining exposure.

miton - holding 3.91%, - not sold any, just change of percentage.

yep hepseal, I agree with your sentiments.

I added again the last time this hit 3.87p and added at 4.188p a couple of days ago.

markets are down again this morning and show no signs of real reversal, however, it is progress on the ground we are looking for, as we invested in the company, not the share price.