Member Info for Strangemartian

The Atomic transaction has a reported deal value of US$54mln - comprising a US$1mln deposit, US$26mln of assumed debt, US$23mln of debt and cash payments, plus US$4mln in shares.

https://www.proactiveinvestors.co.uk/companies/news/219811/game-changing-us-deal-will-transform-canadian-overseas-petroleum-into-a-producer-219811.html

45% down I meant

I just topped up another 5k's worth.

Sold VELA which was 45% the only share I have that is misbehaving so when this gets to .5 then have recouped those losses as was 4.5k down there.

Lol, I bet he's bothered about that lol

@Herecomestheblue - I am also in SYME, BZT, UFO and VELA and am showing a healthy profit in all 4 so you must be doing something wrong. All 4 are long term holds for me. Also in COPL and ALBA and guess what? They are also in profit.

Maybe time to go do something else my firend.

Jesus wept Chris2 give it up as you just clog the board up with dribble.

We get it, you have a point to prove but it is getting tedious now.

It could be a monster in the new year if all the ducks line up but with Art running the show who knows what the future brings.

I have a lot more confidence here long term but have my pot spread over 6 shares who I believe all could do things next year.

Wouldnt bank on it!!!

Tell me about it. Been waiting on COPL since Jan to get their license extension in place.

Hopefully that moment is close now but I would bank on it.

Well feck off then.

TKIA - Noone cares mate.

Out of all my shares I am in at the moment this is the one that I am most confident about.
The fundamentals of this company tick every box and long term I cannot see how anyone will lose?

We are on the ropes at the moment and hopefully shares are being transferred into sticky fingers by people bailing out which makes no sense to me whatsoever.

Anyone who is putting RMS over UFO long term may as well give up.

Hows that? 9% spread so you would be 4.5% down?

Great replies chaps.

All of the info is pretty much how I understood things to be. I am here for the long haul no worry bout that as have a considerable number of shares in my SIPP which I cannot access for another 7 years anyway. This makes it easier to let it run. Gutted I did not cash out at the 2's and buy back in lower but like another poster said I have my price before I look the take some profit of the table and that was not it.

I am confident in BZT and ALBA but UFO is the one I believe can really be something special eventually.

Never invested in mining companies before although am now also in BZT and ALBA as all at the start of their journeys.

My question to others who have had successful journeys with other miners is what is the trigger for things to start moving?

Is it positive samples?
Machine on site?
JV?
Physical product recovered from the ground?

This share is all positive as far as I can see yet the price keeps drifting down.

There must be a point where the market says 'you know what, these guys are the real deal'

For no reason at all.

It has taken SYME several years to get to this point. Why people are expecting to retire overnight is stupid.

Will probably be another 2 - 3 years for SYME to get to where they want to be and then after that the sky could be the limit.

If we hit 2 - 3p next year and create a strong support at that level I would be happy.

Whats negative about that RNS then?

They do as it has been securitised into their platform and if the company went tits up SYME sell it on to whoever so no risk to investors. So if they can sell it on then I guess they are holding the stock although not pyhsically.