Member Info for Supercharger

Ned, I can see after close someone bought over 119,000 shares worth over �230k? Maybe we will hear more news tomorrow as I remember when Blackrock last increased their interest we got something released? Here is hoping!

After yesterdays solid gains I feel it is very good news that the trading today is low volume and certainly a third of normal daily averages. This shows me that there is now no panic to sell and hopefully we are off the lows, and can just sit and wait, which is what I intend to do. It is also good news that the Gold price is still going up! What with the Americans on thanks giving I cannot see this share collapsing in the short term and so hopefully we should get a strong weekly gain.

I noticed yesterday the City Am web had a report referring to a deal which was felt agreed for early 2018 and an announcement was to follow, but this has now it appears been updated and so perhaps someone somewhere was told something in confidence? http://www.cityam.com/company/acacia-mining. Still as the Gold price approaches USD1300 an oz - this will help Acacia too.

I did see an announcement that indicates deal done for early 2018. I might see if I can find the link overnight to boost trade tomorrow morning!

As I said before if Insurers are involved in sorting this mess no announcements will follow, if the problems are being sorted and we do get something my Rocket ship share for 2018 might launch in 2017. Nedhammers didn't you want the price to be over �200 when you returned from Cyprus? Or is my mind going? I can see we will do very well from now on if the momentum stays with this share. Please keep the comments positive as shorters could burn with my Rocket fuel? I suppose the value of sterling will fall following less growth in the UK and what with less problems in Africa will help too. I am hoping the otherside of the Pond will support this rise.

If the commodities continue with this very strong steep increase and survive the same over the weekend I can Hochschild taking off again next week. I presume this is the Brexit and Trump worries and uncertain futures and demand increasing for the safe havens.

I feel broking the Booker sale to Tesco should raise a few quid for Investec. This could be a clever buy, as many will have only thought of buying Tesco and Booker shares only, rather than also seeing the huge potential for the financial brokers!

I do agree a lot of work has gone into this Store and our local hyper stores is a lot better at presenting its good in store than it was a few years ago. In fact the cleanliness now puts our local Sainsbury's to shame. If the wholesale partnership goes through and savings are passed on then they could take back sales lost to Lidl and the like, as well as boosting income from Bookers to the other retailers to have "a finger in every pie." I do not now see this share on the fall and one of the best long buys for pension schemes / fund managers. I also feel "Investec" Bookers broker should do well out of the share sale too.

I have seen the volatility go and the panic trade activity disappear. I would suggest the low value shorts have seen this too and gone elsewhere. I feel this share will now be off the lows and will closely follow the Gold price to slowly recover in the absence of any sudden press release into 2018 when new cash is to be generated (per latest release).. I also feel a subsidiary being set up in Tanzania with the opportunity of a new smelter, but also see mining in Africa outside of Tanzania considering the successful exploration/drilling listed in the recent releases/accounts.

No news on the blip but just an observation Gold up and that's up 364% over the last 16 years. Clearly this is a long term buy!

Release today gives detail of the new CFO. which looks a very good appointment. What also with earnings from the Winter Olympics and Worldwide dollar earnings this looks a growth share to me,

Did they get found out?

Just wondering what is going on? someone is putting through lots of individual trades at 100 shares each, not sure if they are attempting to push the price up (on the cheap) or down? Presume up otherwise they would have come in with bigger numbers to force the price down. As they are being careful - perhaps this is a sneaky trader?

I found generally the market appears to have taken some profit out over the last couple of days, and Acacia picks up. Perhaps this is the start of a re-route of some cash from the gains from other Company shares to shares such as Acacia for the down cycle to correct itself and pick back up-who knows?. I personally do not want Barrick offers, and do not want to sell right now instead wanting to look forward to the new cash generation in the new year referred to in the last Acacia statement. I also hope we may have a sudden surprise announcement such as the opening of new mines in the other Countries where the exploration projects continue. I will wait and see.but I wonder if based on today's rise someone has wind of something, I do not know, but at this stage I will wait for sunnier times. Everything comes to he who waits!

Opium, I cannot lie I do not worry about my shares on a day to day basis. I am very fortunate in that I have retired early and do not really need to. However I appreciate your concern. Why are you asking? Do you not see this as a good share to top up? I may actually when I have time think about taking a few profits from other shares and re-invest in this one at no additional cost?

Good research Opium I am still here in the mix and yes you are quite correct I have not sold any. I have a large quantity and did dip in again recently. I still feel on balance there is a lot to offer on this Company but obviously it is too risky for some. From my point of view I believe the holding Comp. will have some Insurances in place for Political risk. There Broker will be very keen to sell them such Insurances and they will need this type of security in their business portfolio alongside compulsory forms such as EL/PL/D&O & Contract works,etc. I am sure the Insurers if on risk will be involved in supporting the holding Comp. which will be confidential and may explain why any subsidiaries are kept in the dark. Insurers will never want any third party to know their Policy limits after all that is what the third party will immediately aim for. However I look at this situation as a long term fix, not short term. There is no point in my opinion people coming in here hoping for a quick fix. overnight. This will all take time. The most likely and sensible thing in my opinion is for (in the same way as you would broaden and spread your risks) that the subsidiary does the same and if they can open up a mine in another Country or two I still feel this Company and share price has a lot to offer. I can remember when this share a few years ago was trading at �7.00 a share. I feel in my opinion it has risks but so does any other share look a the UK Retailers taking hit at the moment. In this World the miners appear to always comes back at the bad times. We have had a lot of good times over the past two years and the tide can change. Perhaps we should talk again in 7 Months time?

37 years at Lloyd's me if they have a Political risk Insurance Insurers top lawyers will play a key part if not lead the negotiation. The holding company will be the Policyholder and they will usually provide cover for the subsidiaries. I think if they do have a Policy, and the chances are they have, people on this forum are worrying too much. However these things can take years to sort, and all I can say is that if people are that worried about it on a day by day basis then they are probably worrying too much and to be honest should get out now for health reasons.

I know Acacia have no political risk insurance as they told me, but their main holding Company may have? Why the sum of Usd300m, why are they paying and not Acacia.. I feel Barrick may well have a Political risk Insurance and this is all part of the negotiation (actually led by Insurers). Let us wait and see. I have asked for an update on proceedings so hopefully we may get something soon.

I have privately written to Acacia and am hoping we can have more regular updates. I feel this will help, especially if something can come out of this in a positive way. The problem I see here is that minds have been wondering and in the end people believe what they want to. I always try and believe in what I read from the Company web-site of from private correspondence with Acacia. I do not believe in third party press reports, especially if based out of the UK. .

Stick to the facts, communicate with the Company if in doubt. This is what I do not like incorrect comments. The Acacia deal is not yet done-Acacia have not yet approved it. The law in this Country has to be complied with. It may be that is why the two execs. have resigned because they can see this too, although they refer to staying on for a smooth transition period. At least give a little time for the finer legal details be worked out. The Aca shareholders will have to agree to the deal, a formal and legal process has to be maintained. This is still a Footse Comp. after all. I cannot see the Law having been broken yet, but I am not a legal adviser and so these are my own honest comments as always. Please don't jump to conclusions. This will work itself out. I see a new sub-company in Tanzania, with also a new exploration Company outside of Tanzania still owned by the existing Shareholders.