Member Info for Shipright

Wait for Expert 2 the sequel

Although it is only an observation and not genuine analysis, the sp took a couple of weeks to break through 30p in Jan 2017.It's a hard ceiling to break.It only took 2 weeks to get up to 40p once the resistance was breached.

I quite understand the selling/trading as we approached 30p but with news imminent on Cascabel and progress on other targets including Bianca Nieves with 617g/t Au at the surface I expect there will be some buying at the end of this week in anticipation.

Now, do we think the Chinese (or other majors) are going to allow BHP to slowly slip into a strong position and sit there with an early mover advantage over Cascabel/Solgold? To me that seems unlikely.

News from the front would be good at this point but NM has always looked at the longer game rather than the day to day share price so won't release it just to keep the market happy.

With drills turning at the rate they are and the concentration of resources now focused on the 10 regional targets there is very little doubt in my mind that news is there, it's just not quite ready to pop it's head above the parapets.

BNC, have a fab time and I hope the swell from hurricane Florence doesn't get as far as you.

Miss G you have been out to play for long enough. Your dinner is on the table now please come home and stop upsetting people. xx

You are a very naughty woman. Fancy winding peole up like that
How about one of these to grace the plot
https://www.bookaclassic.co.uk/airstream-345-motorhome-beaworthy/
:-)

Having fulfilled its earn in requirements, SolGold is a registered shareholder with an unencumbered legal and beneficial 85% interest in ENSA (Exploraciones Novomining S.A.) which holds 100% of the Cascabel concession covering approximately 50km2. The junior equity owner in ENSA is required to repay 15% of costs since SolGold's earn in was completed, from 90% of its share of distribution of earnings or dividends from ENSA or the Cascabel concession. It is also required to contribute to development or be diluted and if its interest falls below 10%, it shall reduce to a 0.5% NSR royalty which SolGold may acquire for US$3.5m

It is interesting that this states "the junior equity owner in ENSA". To me that suggests that a company buying Cornerstones 15% holding in ENSA will still be liable for the contributuion from the earn in to development.

They were both Cascabel updates

We haven't had one since July. Must be due something soon.

So, MikeBrady is Santa. Who would have thought it. Reported.

Nice week for you if you're still holding.

Are we allowed a small BOOM! ?

Badger, if you want a takeover story look at the other share I post in.

Come back when you've had breakfast.

If Nick prints new shares but then comes up with a blinding MRE update it could still pan out.

I expect Codelco are keeping a keep eye on proceedings.

Sorry, I think we will do ok but not be the gold medal holder on the podium.

It wouldn't be unreasonable to expect an updated MRE next week as it's already 6 months late and we keep getting told it's getting bigger and richer.

I think next week would be great timing.

If BHP get Cornerstone and they join up with Newcrest against Solgold we won't come out the winners.

Only just seen the Nevsun, Lundin, Zijin news.
Maybe a Chinese company will come out of the woodwork here too.

I'm not trying to tell people how to suck eggs. I simply think they have a bad business model. That was what made me look at the sp initially.
Imagine my surprise when I saw it had been falling since inception.
Maybe it's just my local branch that has a permanent black cloud hanging over it.

And
Even my local high class expensive garden centre is cheaper for hamsters and pet beds.

I'm not at all surprised by the profit taking.

I will be surprised if we don't claw some back tomorrow ahead of possible news early next week.

I wouldn't want to be out over this weekend for sure. It will take a couple of days for NM to react to this if it was a genuine surprise move.

I don't hold a position in this company but have been watching for a while. Why?
My local PAH is massive and on a busy retail park. It is rarely busy.
I am a pet owner and have looked in but in the past found them expensive and at times a little underhand with their pricing strategy.
The VIP card is just another way of spamming customers and of little use. The staff are generally short term and unhappy.
B&M are in the same site and sell leads and toys. Tesco sell the same food cheaper.
Lidl sell leads and collars periodically at a far better price.

Please all be very careful. I think this will go the same way as many big retail outlets Like Focus an others.
I don't think retail is dead but I do think PAH have gor it wrong (speaking as a dog owner)

I have been very tempted to short this but don't have the right trading account.