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"For small, amateur punters that is very reassuring. But in my opinion EEE will only BOOM once we have a clear idea of how much copper they are sat on, how deep and rich is the ore?"
I think that'll happen once the likes of BHP, Fortesque,Glencore etc start to show interest.
A post by Catbert on the 9th Jan had a similar effect.
Perhaps not, but if you bought in around 7 or 8p it's a big change.
LOL! Thanks, IIRC the sp was over 2p when I sold out. EEE's been very good to me so far and I'm expecting more yet.
Cheers
I occasionally look in here after taking the hit and exiting at a loss a couple years ago. I'm staggered to see Whimax is still giving grief to any sort of critic (Chab', FX etc) and I suggest a look at the share graph for the last 3 yrs may be enlightening for Whimax .
Landi', do you know if the drilling contracts carry any sort of waiver in the event of a non performance by the drilling company? I've questioned the liability of BCE to pay the £500,000 should that be the case.
Cheers
Very well put GB! While taking profits is what it's all about, one does question the motive for such posts. It certainly seems to have taken the wind out of the sails this morning.
Perhaps he's gone on tour with his band?
IIRC there has been some problems with the drilling. Could that be the responsibility of the contractor, and if so would who would be liable for costs?
When I first looked at this company back in August the SP was in the 7's, heading north, and the chat was all about how transparent AV was and what a great leader. Everyone looking forward to the announcement from Barclays around September.
How times change.LOL.
"Forward selling stock you don’t own should be illegal,Simples."
Absolutely! How is that done?
BOD credibility shot!! RNS on the 11thSept reveals that the previous RNS (18th Aug) was far from the truth and is also deceptive itself (by omission).
A rating of the management on Trading Keys prior to this placing was;
Beacon Energy (BCE)
Cash invested: £39 million
Market cap: £20 million
Management effectiveness: -49%
Social media enthusiasm: middling
Upcoming events: Schwarzbach-2(2.) production rate
Fully funded for upcoming events: yes
Dilutive financing in place: no
Management / brokers reputation: middling
Placing likely short term: possible
Undisclosed PR: currently minimal
The average daily volume according to Google is app 7.5m. Over recent weeks institutions have acquired well over that amount, yet the SP has dropped by about 12/15%.
From what I've seen recently, the SP has nothing to do with buys and sells. Whenever I've checked this share today there's more blue than red and that's the case with others that I hold. One that I hold has dropped 13% in the last month yet the average volume for that period has been purchased by one fund.
Can anyone explain how it works if buyers don't send the SP higher?
Hi Roger, I did that for a while but there were so many one day I just got fed up. It doesn't upset me and I'm not suggesting he's anything other than OE.
Cheers
I find him a little "over enthusiastic" and have "green binned" him. Apparently missed a good post today! Do we need this constant reminding? Is there anyone here who doesn't know the score?
Perhaps the market has learned that not everything from the BOD is reliable?
Not something that I'd noticed before you brought it mind DTLS, but an excellent communication, very much appreciated. Thank you!
I look forward to the response>
Cheers
You've a better chance of winning the lottery! I asked to draw a line under all the insulting and aggressive posts last night and and the post has been removed. Why would admin do that?.
The US and EU have been outwitted by China in the race for EV metals. I think prices will rise considerably in the not too distant future, for me, this is a buying opportunity.