Member Info for Shakeyerbooty

Positive2021-There have been more than the odd one.I can name quite a few,GCM being one previously not to mention QXL,GKP,REM,ASOS,HNR,West China Cement,PYC.Even recently HE1 went up x15 (yes,I know where it is now).There are others out there if you look hard enough or have been around for as long as I have.Good luck.

I didn't say it was all for us did I ? Idiot.

This is not a normal asset.It is a $100b asset!

I take it you mean today because we've certainly had some large buys over the last few weeks.

Adam-agree with most of your post other than to say the m/c reached £400m. We hit over £8 per share with around 50m shares in issue.

NCTrade-Good job we're into that as well then:GCM Resources plc (LON: GCM), an AIM quoted mining and energy company, is pleased to advise that it has agreed a Joint Development Agreement ("JDA") with PowerChina International Group Limited ("POWERCHINA"), and Dyani Corporation Ltd ("DYANI") in relation to a proposed new greenfield solar project called the Dinajpur Solar Power Project ("SOLAR PROJECT") which would be an adjunct project in conjunction with the Phulbari Coal and Power Project ("the Project").

Dflynch-the 7.3b was quoted in dollars.

Spot on Aber.It registered with LSE just over a month ago and every post has been on SAR.

It certainly does Professional.I once invested £90k in a company called RAB Capital.It wasn't a heavily traded company and that day and weeks later the sp did nothing but fall.My thinking in those days was surely the price should have gone up (supply and demand etc),but no,the sp went down.It was only as I got more experienced that I realised the MM's would walk down a stock to encourage sells so that they could fill larger buys.And NO!,I am not making this up.

From 11/3 RNS

The scope of works under this Mine Construction Contract includes design, procurement, installation, construction and commissioning of mine infrastructure and overburden removal, dewatering and drainage. It also includes selective mining and stockpiling of valuable industrial mineral co-products that occur in the overburden. These co-products are expected to deliver considerable cashflow for the Project ahead of any coal extraction.

Livinhope-I have to take issue with your post.You do know the red side are Norwegian,not Scouse!

For the umpteenth time,you do realise that most of those 30m shares have already been sold for a profit.It's how placings work whether you agree with it or not.

Anyone got a crystal ball?

Bangla-Do you want the company to explain why someone's buying shares? How would the company know? Why do you or I buy them? It's because we see a decent return based on our research.Unless they exceed the 3 or 5% and have to disclose then we wont know.Even then,the only thing we will know is who it is via the TR1.Anyway,I'm sure we're on the same side and it's all good.

Bangla-It went up due to the $1bn contract signed with PowerChina plus the fact that the proposal was to be submitted by April.

KingClough-I believe they only need to report once they've finished buying and I'm sure I've read somewhere that if it's an overseas investor,the threshold for reporting is once over 5%.

Utter rubbish duster.GCM own the licence,There's no way PC would have signed a $1bn contract with them if they thought Bangla wanted them out.Jeez,there are some right conspiracy theories here.

Duster-It was 50p to £ 1 this morning.Make your mind up.

Duster-You don't need to teach me.Been around the markets for years but for you to suggest such low figures is very pessimistic imo.

Ha ha,£122m-£245m for a $100bn asset.Keep pushing that agenda duster.This was over a £400m m/c when it was thought the GL was coming all those years ago.Bangla's predicament is far worse now that it was then.GCM may well give up a percentage but it wont be anywhere near what you think imo and as GCM board members have said why would they sell their asset in full before production commences.Hopefully the proposal has gone in and we sit tight and wait.