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What you will find here are biased comment.
Your assumption about the price of gold falling is not true for long term holders. Gold has always been a conservative way for reserve. ALL central banks strive to hold gold. Infact country like CHINA are trying to buy mining companies and yes there isn't many industrial demand for gold unlike other metals. Having said that, the price chart of gold, over 5,10,15,20 years says one thing. They go up in value.
I collect gold coins and bars myself and i can tell you the value goes up over time. With gold don/t expecct a boom 100% in a day.
Take a look at ALBA project from their website, read the last few RNS to have a good understanding of what you bought into. I am sure you have done this anyway before trusting your £5kk with them ?
Also please understand shares DO NOT only go up in value. They also go down in Value. Invest what you can risk to loss, also understand the industry is for patience holders.
Unfortunately AIM has made some things look easy so all people seek are stocks tat does 2000% in a week and all that.
ALBA has it risk, i have been here since 0.01 and i am holding and buying more
I will wait 2 years for this to be completed.
GGP and EUA LTH holders knew what they suffered in the last 2 years before they got to the current valuation.
Do your research and you will gain a better confidence in that
Looking at your chats in the last 30days, they have all been on PHE and RMS board..
Its obvious you were chasing every moving stock with no research done whatsoever.
Now PHE and RMS aint moving you are here spitting out your fraustrations.
Trump just left the white house, do you mind leaving this ALBA forum please
Thanks
Sam
yes but SP doesn't go up in a straight line lol
surely need some news soon
The long term benefit of this is no idiot ramps ALBA on twitter like the others.
There will be more buys and ramps when it hit 0.7 and alot buying under and over 1p. For now it still seem quiet.
The PF of the company is fantastic.
Graphite
Gold
Copper
Zinc
Cobalt
Name it...
Yeah i wish i bought alot more at that price.. Only took 10m shares at that price, sold some at 0.12 if i remember correctly then realised i was stupid to sell so i bought back and i have been buying all the way since..Last buy is 0.323 so currently sitting on nearly 26m shares in both investment account and ISA.
Its annoying seeing large profit wipe off from 0.58 to the current price but still i am very confident in ALBA.
I made mistake selling GGP way too early. I won't make the same mistake with ALBA.
Oh i lied.. I bought some at 0.41 again actually, got rid of my COBR holding to buy more ALBA.
If i say Oompa then maybe 1 or 2 of you here may know my ALBA position lol
GL to LTH holders.
The flood of sell is shocking but i am hoping those are the day traders who bought in last week hoping to make quick profits.
Now they are getting bored and impatient, hence selling.
ALBA moving to oversold position.
Next leg up soon
Exactly
People seem to forget Copper, Cobalt, Zinc & Graphite are all part of ALBA PF... All which will be in high demand moving forward.
I just can't stand day traders who have no idea about a company they buy , always seeking a quick profit then turn quick to say nonsense when they can't get out of a share as quick as they wanted.
Any Long Term Holder here with common sense wouldn't worry about ALBA.
Of course there are risk in the mining industry peculiar to exploration stage companies but i have my fingers crossed on this.
6/7p easily achievable
I sold EUA & GGP too early after getting in under 1p. I am not making the same mistake with ALBA. ALBA Portfolio to me is juicy
Majority of you bought at the high price looking for quck cheap profit then you can bail out. Many you of you have no idea of a mining company in exploration stage. Look at EUA, GGP 1-2 years ago compared to where they are at the moment.
Thoe who bought in during the summer at under 0.01 per share are over 400% in profit so you can say all negative things you want.
All i can say is those with common sense will see there this is going. If in doubt read the company website portfolio section and understand how diversified they are as a company. Read all RNS in the last 1-2 years to have a better understanding of what you are investign your money on , then make an informed decision to buy, hold or sell.
There is absolutely no point commneting nonsense here out of hate and regret because you bought at 0.58 and expected price to only go up in a straight line.
Lets be guided please , if you can't buy and hold then sell and use your money elsewhere. Anyway most of you only wanted a quick 10% profit and you'd sell anyway so you are bad to LTH
yes it is, sell and stop commenting this type of nonsense.
0.41 should be the base ..
For you lot that want a share price to only move up and never come down, you need to check yourself and understand if investing in start up companies is really for you
I have read too many nonsense here and tried not to comment but i think its worth dropping this.
Whose fault is it that some of you bought in at .58 ??
This is a mining company and requires patience. If you are trading it then do so quietly and FO. If you have a good reason for anyone to sell then state it with sense rather than typing too many nonsense with no convincing fact. 20.7g from the last RNS is convincing for gold standard.
I have been here since 0.01 and I will keep buying
EUA, GGP and UFO didn't all rise in a day.
BUY AND HOLD......Its simple, if you can't hold then trade it using charts.
I have been in ALBA at 0.01 and bought more the way up. sitting on over 400% and I wont touch it.
When i say ignore sommersetUK comment about ALBA please do it at all cost. ALBA risk now is our assay report which is due soon but i strongly believe in welsh gold. it has an history. Take a proper look at all ALBA project and how diversified the business is and positioned for the future. cost mgmt was an issue for ALBA but that is a thing of the past with the new mgmt.
Buy ALBA and come back to check after 18 months. Welsh gold are pure and better than AUS gold yet look at the likes of GGP.
I remember people saying EUA and GGP were over valued last year now today they are worth billions.
How can sommerset say ALBA is overvalued ? i am actually laughing
Explain what you mean by overpriced ?
£750m worth of gold in sight which is only 1 of the project in hand
People like you said the same thing about EUA, CGNR and GGP so i am not surprised.
Check ALBA again next christmas