Member Info for skier1

This looks very unloved. Currently has cash worth about 14p, and a NAV worth around 70p a share.

Very quiet here...

Looks like the social meeja pump-and-dump crew have moved on elsewhere, lol.

The UK car market is defo on a downcycle at the moment. The collapsing Pound has made car imports 10-40% more expensive in the past 3 years, inflation has eroded people's real disposable income by 5-10% in the past 5 years, and new WLTP regulations are making it harder to build vehicles. Higher prices + less spare cash = weaker car sales.

* Pump = we have gold, right around the corner...
* Dump = we need cash...

Rinse and repeat for 20 years ;-)

Day 1 for Aston Martin on Weds 3 Oct, 2018... and the (overvalued) share price fell -6% on the first day of trading...

Lol.

Looks like another social meeja pump-and-dump.

This "company" has taken ~20 years to make a vague JORC on 5% of its 40-mile area.

And has never sold a single gram of commercial gold in 2 decades of "exploring" since the last century.

The prof keeps banging out press releases and investor presentations every few months promising a gold mine is "just around the corner"... while getting paid to hang out in the Irish countryside and Finnish forest.

It's a piece of junk.

Definitely some momentum here now. Its longterm story, of making money from an aging population, is a strong one.

Wonder if their legal problems got solved? Nothing on Twitter or RNS yet.

There is some ramptastic ramping here ;-)

Not sure who's worse... the Board, who recycle old assets to artificially pump the share price before a cashtastic placing... or PI rampers, who are ramping up old news ;-)

It's because of the 30-day delay. Markets never like delays, whether good, neutral or bad. Also, fhe gold price has been soft this week.

Looks like loadsa folks got caught on another social meeja pump-and-dump here ;-)

Sitting on £14m cash and a NAV of 216p :-)

RNS for 216p NAV here:

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ESO&ArticleCode=55qr3ida&ArticleHeadline=Net_Asset_Value_and_Disposal

A NAV of 216p here now. About +50% higher than the midprice this morning. Sold off a company for £14m.

Good to see some realism creeping into the discussion here. It has been clear for some time that funding is not under control. Britain, as a whole, just doesn't have the skills or culture anymore for such mega projects, and they always end up being way more expensive and slower than expected. Look at Crossrail, which is almost a billion dollars over budget. And HS2, which is on track to be 60 billion dollars over budget. If SXX drops to 10-15p, it could be worth a punt. But it's looking pricey at 25-30p, due to funding risks.

Gold is a bargain right now.

https://moneyweek.com/495581/gold-is-a-bargain/

Goldcorp, the world's 4th largest gold producer, is calling 2018 as the bottom of the gold market.

https://www.mining-journal.com/events-coverage/news/1347372/merger-says-two-very-positive-things-about-the-sector-garofalo

Some good, commercial gold grades in the RNS.

This has been pumped today by Twitter and shareholder-only emails. Let's see if a placing, or RTO of an oily, or both, lands in the next few days.

DERR shareholders are getting only 2.5m shares at 25p, giving DERR a trade-in marcap of just £0.6m...

At £0.6m valuation, that is equivalent, right now, at 4pm, to roughly 3p a share!

It means DERR is worth about 3p today... Currently 16p on the ticker...