We would love to hear your thoughts about our site and services, please take our survey here.
As discussed with DJ. It's swings and roundabouts GGG.
I made plenty on GGP by holding as the traders got it in at my base of 1.6p, but got out at 3p. I held and sold to diversify multiple millions of shares there in the high 20 and low 30p range 18 months on.
I used some of that monies here. Maybe it won't work out. Some on HZM. Where I still hold a large investment. That's been up and down like everywhere. But I believe in the asset so keep a big pot there. I also took a decent position in ACP. Again due to the asset, and as a long term thing. That may work, may not. But will give it a chance.
It's what I do. You win some, you lose some.
But I don't talk my book, or try and miss lead others. I try and play it straight. If likes of you find that old fashioned....
Happy to be so.
What's a chart? I just hold regardless, or so I am told... ;-)
Just ask our failed trader friend GGG..... Though he doesn't speak to me in any way. He speaks "at me".... There is a difference :-)
I had left only 2 Green Coffins on here. But decided to remove them after that RNS. I expected fully all the "told you so" from GGG. He was only here as a trader in May/June to make a fast buck and return the profit to his main share. Said as much on his other BB. Didn't like it when that was mentioned, and when that didn't happen immediately (well pre all this latest issue), then got very catty, so I filtered him. A nasty piece of work, best rid of frankly....
As to Moon. Also had him filtered for months. On unfiltering he's still as loppey as ever it seems... don't think malicious. But a fruit cake still. If I call it all ways enough times.... I must get it right in the end hey..... And I have been on this share long enough to see him about face many times....
Anyhow. Let's see if any path forward, if that's no good. Well this is AIM, and s*it happens. But I will be disappointed only in the quality asset would be wasted tbh.
Gla.
Good luck to you @Clever.
Those GH some of us did our position building some years ago, and would be nice with the infamous finance in place for a year now. To see a bit of SP progress that a deal done (at cost) pre the recession headwinds was trumpeted to show.....
50% off the pre deal high isn't a great advert. Though as I retain a decent long position. Like most of the market at the Mo.
I ride with it!.....
Regards.
I suppose though @rover, without news to drive it. The SP relies on the likes of you or Wasa or even me, and others to still see value and potential, and by adding a few spike it up a little periodically.
Somewhere along the line we do need a bit of company "carrot" to bring others forward one thinks?
Till then there is a danger of traders also buying in the ones, and selling on the spikes into the twos, and repeat...
That's up to them, and I am happy to slowly accumulate and wait. But be very nice to see a bit of momentum outside of a few individuals topping up nonetheless.
Cheers.
.....to take large chunks of shares in a single bound...?
Despite what I personally thought was a nice RNS on relations with the Brazil govt. The SP has been dwindling down to its £1 (5p old money) dull base as we know.
But interestingly the MMs have no issue with a market for PI shares nonetheless..... I test sold 250,000 shares and immediately they offered me 102p.... No NT here even for that amount...
I conclude, that despite the poor & sustained dropped reaction for almost a year now to that finance deal .....
There are parties out there that will take big chunks of shares in a single bite off the market makers, no questions asked if one gives them up....
Interesting. I guess, as we slumber along at this low valuation, that may link to may the negative posters looking to chime in on every weakness here these days it seems.....
Someone out there is greddily accumulating your shares even in this bear market.....
Cheers.
......The official company RNS(s), explaining the actual position and plans on the financial side here.
I think that's what "big boy " investors actually do in fact.....
Emotive and seeming unhinged investors (& ex investors!). Comment repeatedly round in circles daily, and cry into their over inflated egos frankly....
BB is completely not worth reading until concrete information is forthcoming that may then be discussed in a rational and sensible manner by those invested, and those interested in investing.
The other current interminable "noise", pro and anti.... is just that..... And it's now simply boring tbh.
Now in my eyes.....
Is the next moves from the Rambler overseaers.
We can speculate on a BB for ever. But they have the facts, and its from them, like it or not that the forward progress (or otherwise) will come.
Am I happy. No, certainly not. Aspects of the contradictory technical progress v financials stick in my throat tbh. I have a paper loss currently of £267,000. But as it stands. I do realise that moaning about it on a BB. Or blaming others won't change that sadly. Only the actions of TB and his CFO will clarify the situation for current holders and new investors.
I said my piece on DJ as politely as I thought reasonable on Friday at 11.31am. it must of struck a chord with some as it got 22 likes and a couple of positive follow up posts that I saw at least. I don't hate him. I just think he is self absorbed and has little capacity to realise that sometimes saying nothing is the way, and that hammering away with no self control was a mistake.
Anyhow. That's irrelevant now.
We await news from a company, that I still believe has a great asset that will be in very high demand in years to come.
If many of us have hitched up to the wrong management team to turn this around not just technically, but critically fiscally too......
We will all be seen to be culpable for buying in I am afraid. But until thats conclusively proven. I try and remain sanguine to the prospects and look to a conclusion that can best help all parties.
So .....Hoping for some positive news before month end personally.
Cheers.
I see your still in essay writing mode for a share you have exited......
Thanks btw for reiterating once again, in very long format what you have posted, in same said long format multiple times now.
I am so advised and suitably chastised...
All I would say is that, yes I am a bit slow, dumb and stubborn. Yes I probably should butterfly about more, as you do. But we are not all perfect I am afraid.
All I can say in mitigation is that much of my investment here came from profit off GGP. Where buying a lot in 2019 @1.6p. Then NOT selling out. As I know you did, as soon as it hit 3p.... Made me a bit of float....
Rather holding there, and adding to 7.7 million shares @Avg 3.4p in total. Then only selling 85% of them slowly on the crazy climb to high twenties and low 30s. As even I could see there that a bubble was forming and about to pop by Xmas 2020. Mid term at least. I left in 1.5mill shares for the Gold extraction. OK that chunk is now only 8p, though still in profit. But I think it may come back when they start the mining. So leaving it be...
if that's OK with you?
So may be it's just swings and roundabouts my friend. Sometimes you bail and justify it to yourself correctly. Sometimes you bail and regret it? Never said you were wrong here. Just how it is.
One thing I never did on GGP though. Was keep posting on how smart I was in the face of the big investors left there that witnessed the Jan 2021 to present 38p to 8p slide.
I would consider that poor form. Just as I said to you that what you were repeatedly doing last weekend wasn't great. But you have issues with self justification confirmation, as said then. So you barrel on....
A shame. As I think you mean well. But can't see the impacts.
Regards.
In amongst all the teeth knashing. The posters never seen before, but with a so vital opinion.....
I still have this nagging question in by head ...
When the likes of DJ, GGG and so on were all dumping at 22, 20 and 17/16. As they so volumously told us....
Who was buying and why?
I don't buy it that these were all chancers on the other end, who as it continued to drop were happy to then sell themselves and lose more money as there was no short term bounce & profit.
If you take the guys I mentioned. Who both held a similar amount to me if you believe them. If you distributed that amount evenly ( I know it's not). But that would only take about 180 of us to own the whole company. Now with a good number of these peoples exits , how much of that stock is still in "private" hands .....
If not there now...... Whom is it with now?
Just something that bugged me, with the ease the shares got sold as the price fell ......
Still awaiting the CFO update. But interested in the above in meantime.
Cheers.
Investing new funds is a real punt clearly, until we see the CFO agreed plan.
I have funds to put into a couple of my shares in this sector. Been thinking on which. Logically as a long term investor these prices for the assets in the ground are a bargain of course.
But equally, if we have no sensible way of digging them out without huge oenalty....this could drop even more depending on the delay on, and then the actual news.
Hard one at the moment to do other than sit on hands until that call. Unless you are feeling lucky ..... Well am I.....??
Cheers Wasa.
As an AIM company, with therefore, if not now, but in the the future a hopefully strong general UK share holder base. A Town Hall trip to this part of the world for proper Q&A would, as am sure MB knows, would be very welcome.
I am happy to await the news alongside it to then be discussed by the CEO in some such format. But I have only been invested about 9 months. Can though understand the restlessness of some LTH.
Cheers.
I am a relatively new investor to this share. I just wondered if they actually run either of the above. At which the concerns on progress and timescales can be aired in a polite and constructive manner to seek a little clarity by shareholders?
My other AIM shares in this sector have very varying levels of communication it's true. But even ones with far inferior resources hold the above(s) to attempt to get investors on board etc.
Or is it that, because this company has low over heads for now, so isn't looking to raise new funds.... They simply don't see or have the need to try and keep people on board until major news may be ready?
I guess I may be being naive. But with a long history of main market investing and how they work. I find it odd that updating Comms by way of F2F or virtual shareholder meeting seems a problem here, and leads to much angst clearly.
Genuine question.
Sorry to hear that Lethal.
Good luck here. I think ones it starts to move, it could get very interesting here from this low base.
I think your view of our friend elsewhere may be right. He's out and still hammering away writing endless free form essays repeating himself round and round to justify his current position in his own mind.
I tried engaging, politely to encourage restraint and a bit of decorum, as you may have seen on the weekend. As we go back, and hoped he would listen. But the guy is not for turning.....
It's a shame, as I have said to his face. He is a quality researcher generally, and generous with his info. But after that it's all ego and self justification as he flip flops through shares. I think he's on the spectrum somewhere tbh.
If it's not medical, I dunno really?
Gone down in my estimation for a while am afraid.
No worries AIM.
I know you generally call a spade a spade, and like most times, your close to the truth of course.
The thing that makes me hang on is that a producing mine, with 2% odd Cu very much in the cross hairs easily. Even with the macro and Cu down to $3.6 a lb. Would, IMO, be a heck of an asset in years to come all being equal. I suppose similar to here, and indeed HZM in thier respective spheres.
However whilst the turnaround case, and to be fair the mining side has been doing fine in my view.
The money men their have misjudged it badly. Hence the current price. Remains to be seen if can be made viable even with the resource now performing of course.
With the resourse scale and grades though. That's the hope. But we will see.
Present price what, last I looked. About 10.5p. crazy technically.
But it could be 2p if they can't sort the monies etc. So now a big risk reward.....
Been tempted to add more. But holding off for clues of the intentions. I would take thier mining guys to work on any of my shares, certainly here. But the past finance department there is barge pole stuff sadly.
Count yourself lucky ACPers that the gent to which AIM and I allude has not shown interest here.... Is all I will say on that side..... I respect aspects of his approach. But he has been shameless there frankly.
Anyhow. This is an ACP BB. So apologies for the diversion. But it's a cautionary tale perhaps of relevance to all?
Cheers.
Fair play Wasa.
But be nice to get a little "tickle" in the mean time to keep the interest up..... ;-)
Nice one Dee...
But remember, the game will be called off if no captures or forward pawn moves in a set time......Was 50 ply in Chess. How long here we wonder..... ? :-)
Not sold any here Wasa. Added a few as it's fallen down to be fair. Appreciate what you say. Patience isnt a problem for me in most shares. You are talking to a man that held one for 36 years picking up a few nice divis in another life ;-)
Look forward to some news here.
Cheers
That's your opinion AIM. But as I don't do social media it had no bearing on my personal investment there tbh.
All these shares are a risk. That one though had/has a strong turnaround case ongoing, and a great resource if they could get the mine modernised, and that was happening until.....
I think most agree they have under TB done a very good job on that side of it. But the finances have been neglected and now need sorting rather urgently to put it mildly!
So yes, the financial side has been poorly managed, no costs/profit or hedging etc etc.
I guess I am stuborn. So awaiting what the plan is from the new CFO. The mcap for the evolving resource and grades is nonsense that low..... It makes sense only in context now of the mismanaged finances.... Which I know, I know, is just as important as the technical stuff.
I would also say that after the positive technical aspects there. But then the poor finance RNS Friday....
A number of investors there showed totally classless behaviour for several days on that BB. One of which many on this share from his HZM days (and guess what he's bsck....) are very familiar with. I wasn't impressed, and told him so..... Being who he is though, it made no difference obviously.... Ho hum.
Anyhow. Nice to see ACP going up a bit. Though be nice to get news of our own to add to that of the neighbours though to push on as and when.
As Wasa commented though.... It can happen to any share. So people should be careful what they say IMO.
Cheers.
One thing that slightly intrigued me from Friday was the seeming ease that (by there own admission) a number of big players managed to exit or chop right down over the afternoon.
Normally when a share gets into issues no one wants to buy and the MMs make it very hard to sell, especially in decent chunks and certainly by enough to clear a large position.
Here though annecdotally there seemed to be few issues for the big sellers.... Even as the price fell, shares were being recycled to some one though. So MMs happy that there was a market and this buyer/ buyers allowed the big exits fairly smoothly appears?
Just musing last night on who was snapping them all up, and if it has any significance on what may happen going forwards.....
I Surrender! ;-)
Having known you off various mutually shared investment BB's for 4 years. I have always respected your analysis, as you well know.
You clearly have a personality type though that needs to externalise all the good reasons to invest in a share that you have bought (self justification confirmation?).
That info is of high grade and you share it freely. Equally then, When you perform one of your multiple exits. You seem to also "need" to self justify it to all and sundry. I get it....
OK. I understand. But you also like to keep repeating it round, and round not in a simple concise statement...that's where your semi autism (strikes me?) Kicks in.
An inability to take account of others feelings of pain at the moment means you can't see that having stated your need and reasons to go. To continue hammering out free form essays is classless frankly!
Anyhow as said I surrender. Do as you feel. But maybe think a little if you can on the impact?
Cheers.