Member Info for Steve4077

Could you share your reasoning on the likely timing of of a placing, or is that just a feeling?

I would like another 10 days without news please, then I am happy to load up :)

@FeverTreeMan and MaskedSinger

If you have some actual evidence that something has materially changed in the last couple of weeks, then please share your data. I am sure those of us who actually own shares would be fascinated to see it. Otherwise, just give it a rest. Your constant personal attacks on HAA are tedious, consistent and blatantly obvious de-ramps.

Fevertreeman doesn't need actual evidence for this daily de-ramping diatribe :)

You would think he would be bored by now, given the share price has been holding around this level since January, despite losses in a lot of other mining stocks. Anyway, we should learn more tomorrow.

You need to say that second sentence with Yoda's voice :)

>> Worrying signs when the sp starts dropping

Its down 0.76% today. If that's worrying to you, I would stay away from investing for the sake of your mental health.

And another unrealistically low closing price, although at least a little higher than the last unrealistically low closing price :)

100k shares or £100k?

>> Even doing all that which is correct can result in loss

Completely agree. In the end, investing is a gamble and you can do everything right and still lose. However, I try to do all I can to stack the deck in my favour :)

>> Thanks for the advise but honestly all my purchases Fu$ked up
>> AFC from 74p to 42p
>> RMM from 0.43p to 0.32p
>> SYME from 0.57p to NIL
>> XTR is back which was originally from 8.4p to 8p now

I can't comment on SYME or AFC because I haven't researched those shares. However, I am obviously in XTR and I have been watching RMM for a while. Based on the prices you paid, you seem to be buying on spikes. In other words, you are buying shares because the price is going up, which is a really bad strategy.

You need to look at companies in which you are interested and do a lot of research before making purchase decisions. At the very least you need to read RNS from the past 12 months plus any company presentations. Then you need a rough calculation of the value of the company, plus the current financial situation. Then you can look at market cap and potential future news flow and make a buying decision. If you don't know how to do that, then I really advise learning how before buying any more shares. There are plenty of resources online where you can learn for free.

In the case of RMM, it is a great prospect long-term but there is a lot of downward pressure on the share price in the short-term as 40% of the shares came from placings in the last 3 months. There is also a new tranche of shares that will become available for the holder to sell on March 18th. I am personally waiting to see what happens then before making a purchase decision.

For each share, you need a plan. Understand why you are buying and what you are trying to achieve. Also, you need to re-evaluate your expectations and your decision each time you have a new piece of information. If you don't know exactly why you are investing in a stock, then don't invest.

For XTR, go read all the material available and then decide whether to sell or hold, but please don't make a decision based on an arbitrary price point.

Sorry that was long, but you really need to do your own research or you will just lose money.

>> I think I had enough and I should sell them if it crosses 8.40p this time as this is my purchase price.

How is your past purchase price related to a current buy-sell decision? The money used to purchase is gone. You now have an asset and need to decide if that asset will appreciate or depreciate from the current point and how that compares to other assets you could own if you sold this one. What you paid for a stock at some past point in time is irrelevant to that decision.

I'm a very recent investor to WSBN, but I suspect its the usual drift that exploration shares suffer when waiting for news. AIM investors are easily bored :)

Personally, I am hoping for some concrete news on when drilling will commence on Red Setter.

>> The World Bank is also very concerned

Yes, the world bank is so concerned they gave Ethiopia a $200m loan a couple of weeks ago (for digital infrastructure).

The 'unrest' is the aftermath of the conflict in Tigray about 1000 km from TK. If the actual war in Tigray a few months ago wasn't a problem ( I was concerned at the time TBH), then I doubt the current situation will be a problem for major investors.

>> Seems his animosity to CB stems from buying in at .38.

Like so many people in the world who assume victim status, Pops has to blame someone else for his misfortune. Otherwise, he would have to blame himself for bad decisions and lack of investment success and that would be incompatible with his ego. It's a form of cognitive dissonance.

In his world, he can't be losing money because he made a bad decision, so someone else must be at fault. Is this case, CB is the easy answer. In reality, it sounds like the old AIM story of buying on the spike instead of the dip. A lesson I have paid to learn myself :)

>> what is the nearest town

Black Springs looks the closest. However, it is not much more than a hundred miles from Sydney, which gives you an idea of the amazing location. This is not a porphyry in some hard-to-reach part of South America. Its in a great location in a very mining-friendly jurisdiction, which adds a lot to the potential economic value.

I think the closing price of 7.3 (UT) was simple manipulation, considering that was way below any trades apart from the equally odd opening UT :)

>> No Leaks, No RNS imminent

If there are no leaks, how do you know there is no RNS imminent? :)

I've read the RNS on the Red Setter targets and the planned two drills. Do we know when those are likely to happen?

Yes, agree. It's a very unusual pattern of trading, with so little real price movement, even when there is higher than normal volume. I just can't figure out why :)

Now they are being split into 2-3 trades with odd amounts, but still add up to the same buy and sell amounts.