Member Info for Silverfoil13

Okay finished my coffee and got PG, LB and MS assume GRM is GRH but struggling with SS and KK!

Do we have any ideas what the potential is in Ireland and T&T compared with Morocco?

On a technical note I know Ireland has a very friendly corporation tax regime which is beginning to reap massive revenues from companies relocating there! What a shame the U.K. has c****d up so spectacularly with its corporation rates absolutely idiotic!!

Good to hear from you again Matty!

Guessing you probably didn’t mean me IPad but just in case you did I’m happy to say I have 71,000 shares bought for £9,000. I’d be happy now to get 30p a share in due course although I originally hoped for 50p to £1!

I have much bigger bets for next 3 years on

PRD (Gas) which I expect to come good in 2023, SAR (Pharm research) which I expect to come good in 2024/25 and RKH/BOR (Falklands) which I expect to come good in 2025/26. So can be patient with GGP!!

Thanks for feedback. I liked the GGP story last year and couldn’t understand why price had fallen so much as there hadn’t been any obvious bad news.

Will certainly hang on because the massive resources found are are not going to go away.

Meantime I am enjoying the excitement on PRD at the moment having managed to get in at a much better price point than GGP.

I invested in GGP last year at about 14p; there seemed to be a huge amount of excitement especially around Haverion but it seems to be going nowhere either drifting down or static.

Are they worth hanging on to still? Is there still enormous potential here? Can’t really get my head round what’s happening here?

Hi Watching2 re SAR. Sorry off topic for many😱.

Share price action has been strange but probably predictable drifting down as we wait for news. It is sad that the wise sage of SAR (Thoth2) (the equivalent of GRH, KeithOz and others on here in terms of understanding and insight beyond the average) died late last year because he was generally very informative and trustworthy. I believe strongly in what the company is doing (treatments for psoriasis, cancer etc) and in the scientists running the company and they are now a clinical stage company currently testing one of their lead products on humans, so far 🤞without issue. Success with this product and its follow on product could produce enormous gains similar to PRD. They have also received back a licensed product that the licensee put on the back burner which also has great potential. A value of a billion if successful has been mooted by some and I am in it for that and a 15 x gain from now! I sold a third on a peak in 2021 so it owes me nothing and I will do the same with PRD at 25p so it will owe me nothing. DYOR but I still feel very strongly about SAR (and the Falklands story) but more imminently about PRD.

I see things coming to fruition in 2023 for PRD, 2024/25 for SAR and 2025/26 for RKH/BOR (Falklands)

Portfolio and risk management is such a personal thing. 25 to 30 years ago when I was a lot younger with many years to go before retirement I had a big percentage in IT and dot.com high growth low yield stocks which did fantastically well and it was worth taking the risk because I had many years ahead to put errors right whilst I had a good income coming in. Now at 68 I have to be more careful but you can still have fun. I keep enough in cash to cover 3 years living expenses, 70% in high yield Investment Trusts that offer a good yield and diversification and 10 to 15% in selected high risk stocks .. fun money. Currently have 3 big plays amongst the fun shares all with great potential if their stories come good. PRD, SAR and RKH/BOR with similar chunks invested in each. If even just one of the 3 realise their potential there will be lots of fun to be had!!

That’s £13 a share Peter! I think we would probably all give that some consideration!!

Personally I’d be thrilled if the Company achieved 1 billion and £2.40 a share given where the shares were 6 months ago!

The bears on here are most certainly not the necessities of life and will indeed soon be back down their holes forever!

If we have hit the bottom at around 90p and the price starts to gradually tick up again then the excitement, which has been sadly lacking inspite of the great things going on at SAR, will quickly return and a totally different mood will be in the air again .

Crikey HBob it’s a small world! We must be about same age 68? My paper round also paid me £1.25 a week; our newsagent was run by Stan Pearson who scored the winning goal for ManU in the 1948 Cup Final .. lovely man. Amongst the houses I delivered to were Mike Starwood the comedian and David Plowright who was MD at Granada TV both great characters! Then my first job with one of the then big 7 firms of City Accountants paid £52 a week similar to yours; I thought I was rich!! Incredibly that rose to £150 a week in the 3rd year .. that’s when we really did have some inflation!!

Hopefully with PRD we might all be rich!!

Thanks Baton and Laz. Have been here since 2011 and remain hugely optimistic about the future just puzzled by the recent decline!

Just very lucky that short term losses here have been more than covered by gains on Predator Oil which looks like an incredible story unfolding as SAR was in 2021 and still is!!

Maybe joining the gap year grannies touring the coast of Australia in a camper van? Will return in 3 months time to find £2 a share!!

I’m absolutely baffled by the current situation on SAR. There is so much good stuff going on it seems incredible there is this wave of negativity about the company. Into human trials with a lead product and no leaks of problems to date; new patents granted; 1802 continuing to be developed and 737 not just being sat on any more. Yet the share price is being slaughtered. It’s bizarre!

The nervousness of shareholders is palpable while we wait for results but imagine what it must feel like if you are John and Tim? As shareholders we are hoping for a nice chunky return on what for many of us has been a very long term investment. For John and Tim they are waiting to see whether most of their life time’s work will have been worth it.

To keep my mind off SAR I have had a punt in O&G exploration in a little company called PRD drilling in Morocco for gas; worth at least a look in particular after an interview by the boss man there yesterday which was about the most exciting interview I have ever seen!! DYOR of course.

Hbob .. go on push the boat out and stay for a week.

Try the Parkview hotel down at Roker overlooking the sea if it’s still there .. although that may be enemy territory!!!

Phenomenal interview .. great put down of armchair geologists!! Ouch .. good for him!

Simply cannot understand the dramatic drop in the price over last 6 weeks? What has happened to the optimism surrounding the move to and commencement of testing in Australia?

40thSB .. Take a look at MEM (MiddleEastMoney) posts on 29th and 30th June .. that’ll whet your appetite!!