Member Info for silverknight

Course you're hacked off. We've both been in this turkey for many years and I think you've pumped in a lot more than me. Unless the price moves up suddenly and dramatically I'm sure there are plenty of punters waiting to bail out if it reaches .6 to .8p. Even that seems a long way off now.

t's entirely possible that Mankayan is worth more than m/c of BZT. Not difficult but look at the time factor. A year ago people wold have sniffed at a share price of .4p in July 2018. Wouldn't be surprised if it's still the same in July 2019 but with another few hundred million shares added to keep it going. CB's holding is relatively small in the context of his wealth. He won't starve if BZT expires. I noticed earlier post re Alexander Mining. When I last looked (some time ago) they were c5p. Massive fall to todays price. Many like that (including BZT). That's junior miners for you.

The numbers being bandied about for Mankayan are just fantasyland.I f there was even a 25% chance of getting that sort of price the sp would be much much higher than t has been stuck at for month after month.

Issued means just that. Market makers are just a conduit for people who want to buy and sell. They are always looking to balance their books. So if 1mllion shares have been issued they are all out there with a limited number passing through brokers at any given time.

I've been trading shares for nearly 50 years. Don't invest more than I can afford to write off. My average price here is just under 1p so I feel comfortable either way. There are a few AIM miners who mirror the performance of this one and holders often seem willing to hold on for years in the hope of better times.

for market gamblers. Looked just as promising 6 years ago. Same assets but before hundreds of millions of share dilution. Nobody would have believed it would be down 99% from those levels. As I said before anyone seriously interested would bid for the whole company. But it hasn't happened.....

Ariel. Where do you get those valuations from? I agree that there are plenty of assets in the company but they need liquid funds to stay afloat. A share issue at this price would be a desparate measure.

but if this is such a great deal another company would be in with a bid for BZT at this m/c. Cuts out prolonged negotiation. It hasn' t happened and you have to ask why not. Bird doesn't have a blocking holding. On all these BBs people convince themselves by what they want to believe. I'd really like a positive result from Mankayan but I'm not convinced t will happen

It's because of this relentless issuing of shares to keep the company afloat that is suppressing the price. We expected a bonanza n 2012 when Goldfields were about to pay millions of dollars for Mankayan . It didn't happen and since then hundreds of millions of new shares have been issued at ever lower prices. I,m very sceptical about CB. Look at the woeful performance of Tiger's investments. This has run and run and could continue for many months .

a good deal if it pans out. We have known about the Mankayan potential for ages (even with a supposedly more accommodating government). Sp refuses to break .5p despite this. What does that tell you.? It's all in the public domain.

expected some director buying at this price assuming the company is not going bust. Very dependent on the gold price but given the assets the upside is huge.

Only recently noticed this one but it looks very interesting. I guess there's not many quoted companies mining perlite. About 7 years ago the sp of so many small mining companies went to ridiculous levels. Now there seems to be plenty at sub 1p. Look at BZT which hit 76p and is now under .5p. Anyone remember how high this one was at its peak? Think I'll buy some but don't feel great urgency.

Technically it shouldn't make any difference but I've found that prices sag after consolidation. Then I'd be tempted to top up as this is one of the best quality small gold miners on the market.

people are getting impatient?? If gold price stays close to where it is now we should recover strongly in the next few months. Especially if the Vat refund comes through.

Yeah. I've been in a few years but anticipated boost to 100000 oz could be transformational depending on the gold price. I'm hanging in there.

Parallels between Faron and Immupharma (which I luckily sold before it tanked). Evgen and Angle are the stand out buys in pharmaceuticals right now.

You haven't necessarily missed the boat. Directors bought at 22p a couple of years ago. Take broker target of 113p with a pinch of salt but you have a great return at half that price!

My buy this pm shows as a sell. Adenuff- I'm confident that this has the potential to go well past 60p. Unless the market takes a hammering.

You're talking nonsense. The CEO can't just issue say 500million shares at,say. .35p and then just keep them for himself and sympathetic shareholders. Any serious bidder would have mopped up 3% by now .(Cheap enough at this price)

They could bypass the board who don't have a huge % of the shares. I suspect that a lot of shareholders would jump at the chance of 2p. A bird in the hand (no pun intended). The 12 month high figure is a rolling amount so it might pay any bidder to wait a while.