The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
"Yeah, looks like we were fighting against a big seller for the last couple of weeks and it was UFO."
Just to correct what I said earlier, these shares were sold to professional and institutional investors and aren't on the register yet. So ignore me.
He want to take advantage of gold and silver prices. "The proceeds of this Placing will be utilised to fast-track activities in all our projects and allow us to really advance them all with larger exploration budgets. With the continued strength of silver, iron ore and gold prices, we are excited that with these additional funds we can really fast-track on our projects.
https://www.londonstockexchange.com/news-article/UFO/raise-of-ps2-5-million-for-exploration-activities/14764640
Dunno why you think it would drop on open, it has already happened, this is most probably why we finally took off on Thursday and Friday after they had all gone into the market.
Yeah, looks like we were fighting against a big seller for the last couple of weeks and it was UFO.
Good news for me, as explains a lot and now means we are now extremely well funded moving forward.
Indeed, I think there could be some nice surprises in store from D2 with Capstone's team all over it. Will be getting some solid data from them at the end of December, just adding to the news flow to keep the SP propped up on top of everything else that is coming in.
I do not think I have been part of many or any shares with this much positive news flow in the near term future.
Steve whispers gently in the distance,
don't forget the price of copper copper copper......
With upwards of 30% of bitcoin not being quantum safe, I will be sticking with PMs.
Xataxx let me just chuck out some headlines from today to give you some reassurance that we are only at the start of the PM bull run.
- UK government monthly borrowing at sixth-highest level since records began in 1993
- Morgan Creek CEO Says Bitcoin Doing 'Extremely Well' Due to Fed Reserve's Dollar Devaluatio
- Investors rush to buy equities, dump gold in vaccine euphoria
- Global Economy Is at a Make-Or-Break Moment, Warns G-20 Veteran
- Mnuchin says people are misunderstanding Fed funding decision, there’s plenty of firepower left
I have no doubt we will retest above 3p sooner rather than later, the share has proven that it can do it and that in itself keeps shareholders in and steadies weak hands. Belief that the share can go higher makes the share go higher after all.
7p is around a 330m MCAP, although I am 70% on the assets being there to justify that, it's all about the journey now.
Most importantly, Bill has a constant news flow, more than I have seen in a lot of shares.
Stop it, have already started drawing imaginary lines out of the bermuda triangle.
https://www.tradingview.com/x/icodHdpD/
Very good 2 days, won't be getting my hopes up until I see that long green candle on Monday at 16:30.
I will be very happy if we can just steadily do 10% to 15% a week without any big bursts and gently create levels of support on the way up.
It does worry me when I see rumours of Gold finds being chucked about on facebook groups, as it's important for people to have realistic expectations here. Slow and steady is going to win this race, don't need the palpitations when logging into my trading accounts or to start dreaming of a Model X.
Well, If someone with 118m shares did sell, will be good to see the TR1 next week, as 118m shares represent over the threshold of disclosure at 3.7% of the shares in circulation.
My take on the trades and I do generally run through them fairly often, is that we have been responding to a spike in much the same way every share does after a big spike. We breached the 50ma and then bounced off of it. Everything that I was looking at was screaming oversold.
Just no one post any pictures of rockets on twitter and it will all be fine and dandy.
I would honestly not be too sad if there was a placing, not that there is going to be one, as Bill has said several times how Alien is fully funded.
Let's say worst case scenario, my shares are diluted by 5%. This share can do 5% in a day without running a sweat. End result would be a better funded company that would be in an even better place to increase my wealth.
On a slightly different note, it is always a good sign when the Vajinas come along and start spouting their rubbish, as means they have been locked out of an entry.
Sure you did Chris2, sure you did. You are only lying to yourself here.
Just 50 or so fools, doing 50 foolish sells, getting ready to regret it in 50 or so hours.
The charts still say plenty more oomph in this old spaceship.
https://www.tradingview.com/x/xtvnU4Mq/
Funny seeing a load of sells come in and the sell price is going up, going to see some big delayed buys in the background tonight.
Sticking by my 1.7 end of day amount, with currently 3 MM's holding up the ASK. You are a fool of a took if you are selling now.
Don't forget what Copper and iron prices are doing at the moment......