Member Info for Strider4

that's well and truly done it. The odds are that next week the price is going to test and break 40p.

Bzup, you may well have topped up in the 14s (averaging down is the technical term I think...with all of it's connotations), but you declined to mention, in your bragging, all of your purchases well into the 20s (and possibly even the 30s - can't say as I only noted that you were going on about buying in the 20s when I last scanned the BCN board, pre-drop to 11.5p). So, I would imagine that you are just about break even overall now?

Look what the cat dragged in.

Rocket, thanks yes I have done plenty of research into BCN. Have you?

Nice tip - a little late though. Great time to get spiked though if anyone feels like it.

Hyenas work in packs. They're are extremely ugly animals but vicious.

day, waiting for a blockbuster set of news, how about a techinical update from our very own FR?

The chart for zinc is looking very solid.

Not long until the annual results now. There should be some tasty numbers in there...perhaps a maiden dividend?

Ah yes, good times - I remember.

I have never said that WRES is a dead duck! My line has always been consistent - there may be further funding required to get it to profitability; this year is key to show that it can get through the ramp up phase without major hiccups and to demonstrate that WRES is actually profitable. These are all big uncertainties. But, at this stage everything is "on time and budget" as far as the market is aware. The chart is suggesting that perhaps it'll hit a delay or funding requirement, but who knows...

Morning, looks like you're right up to date on my posting history :) Have you been taking tips of Langtro?

Wres - since when did I say WRES was a "dead duck"?!
GGP - yes, I did think the depth was an issue. Guess what, after I said it it dipped to a low of 1.7p - plenty of time to buy if I had felt the urge. I pocketed a 7% (yes I know I said 9% before, but it was slightly out) profit on the recent spike. Believe it or not - couldn't care less.
BCN - those who bought BCN based on the RSI will be losing traders on aggregate - fact. The only play there was on the intra-day price action with a fairly generous stop (e.g. there was a trade at 14.5p with a stop at 11.5p). All hugely risky, as if it decided to go south from there, who knows what price you'd get with your stop.

You're not going to go all brick wall on me again are you?!

treacle

Devils, credit to you for fighting the good fight, but with some (many...ahem, most) of the posters on here, getting to the truth of the matter ranges from wading through trickle to banging your head against a brick wall. You can be right, but they have the "might" (strength in numbers, like a pack of hyenas).

And you'd be mad to short it as well! That would be an even bigger gamble...if the rumour did turn out to be true you'd be finished. Suppose you could use a guaranteed stop, but let's face it there are plenty of other easier fish to catch in the sea.

Mozax, people have been talking about the $1.25b asset from the heady heights of 150p, all the way down. It means jack if you can't sort the funding or sell the company.

This has rebounded 100% from the recent lows based on a rumour! If there's the slightest whiff that the rumour is untrue, the charge for the exit is going to be painful indeed.

Traders are now sitting on 100% profit, and many will be taking it. That will cause the price to drop and might panic others into selling to, given the flimsy basis of the rise. The saving grace is the volume, which has been very strong...

Huge gamble as always.

TBTT - no need to tell me to do a little research on this one. I've been following this for several years. Ths sticking point is the funding, as it has been from 90p to 150p to 30p to 60p to 11.5p to 27p to...

The chat now is almost identical to the chat we saw in the rise from 32p to 60p. And we all saw how that went.

The price, if it gets to 30p, is going to encounter serious resistance - mark my words. Talk of 50p at this stage is pie in the sky.

fingers on the sell button, ready for 30p. I anticipate heavy resistance there and a big fallback as profit taking/panic selling ensues.

Could be wrong of course!

is the biggie I'm looking out for, and it looks like it's going to hit soon, given that Sunstone got theirs today.

The permits are the key to ensuring there is a guaranteed, and continuous, excitement factor throughout 2019 and 2020. The key word being guaranteed - corporate activity is a strong possibility, some would say a probability, but it is not certain.

Shame, as he said, he was only 4 days out! That's some of the most useful info I've seen on here.

Thanks for highlighting that Sunstone got their drilling permits today. Great news for all mining explo companies in Ecuador...

Waccy Baccy - unless you have a guaranteed stop loss using spreadbetting (for which you will pay a healthy premium, if it's available at all), then you may not get the price you have for your stop loss. It will be triggered if the bid hits it or anywhere below it. And it will execute at the then market price. In a slow moving market you will probably get more or less what you want, but if it's fast moving expect slippage. Inn the case of a gap down, clearly you will then get the gap down prices.