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I warned about this two days ago when this was being spammed onto boards of other unrelated companies.

If the prospects of a company were that good, it would not need to be spammed.

For that I was labelled a troll, but as it turns out the exact scenario I described is now happening.

Think about it, if the prospects for AlbaCo were that good, why the exec director be drip feeding as many shares as he can into a micro cap like this with such a poor track record for delivering shareholder value?

CHP is an exit liquidity vehicle. That's why they've had to resort to instruments like Yorkville CLN, and issuing as many shares as they possibly sell.

Every now and again there's the odd pump like this week, but when the dust settles and people realise this is only a tiny fraction of an unlicensed Scotch bank with zero customers, it always dumps like we are seeing now.

Don't be left bagholding here.

Fantastic rise here, well done holders, and you sense this is just the start. Should never have dropped below 2p in the first place.

He's still here, ramping CDL now which I believe he'll struggle to get traction on, value based on rock chips only so no momentum, unlike this firecraker

Delighted to have had opportunity to add some of these under 500p, surely that level now history and we continue our upwards march

It's funny how we're virtually flat year to date.

For all the trials and tribulations we've seen this year (to put in mildly), underpinning it all is real sense over the long term we are unstoppable here.

Decent price action here, seems market finally waking up to our prospects

I remember this absolute clown Rick123 pumping PR1 at 8p+

That quickly collapsed. Anyone listening to him would have lost 90% of their money.

Absolutely nobody should take any tips from him.

Consider yourself lucky. Dodged a bullet not buying this.

Ask yourself why there are so many shares in issue. Why does the share price start with 0.00?

Look at long term chart. This is nothing more than a vehicle for printing shares.

Nobody in the real world would invest in a tiny fraction of an unlicensed Scottish bank.

That's why it has been necessary for people to pump this on other boards and social media. To get you to buy shares they are dumping.

How many customers does AlbaCo have?

What percentage of it does CHP own?

What was the discount of the last raise here?

$100 seems like a firm level now for Brent which can only be good news as far as our forecasted cash flow for this quarter goes. I suspect market hasn't yet priced in the difference that will make to our bottom line here. GL

Nice to see gold firming up here, real sense the sell off easing now and that from this level we should have very decent support for the next leg up.

Lol exactly. Nobody cares about a bank on here. Funny thing is that bank is also Scottish only with zero customers as regulators not approved it, and plc only owns a tiny percentage of it. Very opaque ownership structure where the bag holders of the plc are seeing the equity endlessly diluted to put cash into it. Might as well set fire to your money.

A solar stock nothing to do with this either. These cross rampers are such pests.

Poor old hapless dickie with track record of buying high and selling low on many different stocks somehow thinks he's in a position to offer wisdom

Very strong bounce here today, seems telling we've consistently seen this support with any sells quickly being bought up. As gold continues to recover we have a bedrock of price support around this level after £1.2m invested around this price including insider putting his own cash in and company having fully funded drill campaign underway. GL

I've not read any rational explanation of it and so imo no sense in overanalysing it. Everything apart from energy is selling off, market has been indiscriminately panicking - which is what creates these buying opportunities. With governments worldwide racking up unsustainable debt and central banks printing more and more money and inflation set to sky rocket, in the long term where it really counts gold is safer than cash in the bank.

Bid starting to nudge up. Can sell 500k of these for 2p+. That wasn't case last week. Looks like sellers exhausted.

B_Positive do yourself a favour and get back in Jan while it's bottoming out. CDL has quite a bit of baggage so difficult one to pump.

Good point re loan, at $100+ brent we will be printing so much cash suddenly the company open to these options

Well done buyers today, suspect you'll do very well from here. Reminds me of March 2020. Total indiscriminate sell off across board. With hindsight that was the best time to buy.