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Oh, and if you need patting on the head. Swazers..
Yes, well done lad...
For stating what is probably one of the most obvious upward chart trends there could be - including the Golden Cross.
Anyway overall - Long may it continue!
I'm liking the sound of Blue Mountain more and more..let's hope ECR can capitalise during this gold boom.
Certainly looks like a turnaround. Fingers crossed they continue to get results with the reinvigorated BOD.
Swazers..trolling?!
Eh..
I do not understand the younger generation who seem so prickly .
I'm simply stating what I see with the charts. Which is basically what you see but I don't agree with the upper line channel.
Which was an anomaly. And if you think this is fancy English, I suggest you get a dictionary as it's pretty basic.
Strange behaviour from some folk these days
FAO Neil and Lovelyboy.
Fundraising:
The fact that existing and new investors have the confidence @2p is a good sign.
Neil, I would have thought , being a high value investor, that you were asked by Broker to take part in this? (That's usually the case)
But taking that logic, existing investors are already convinced - so would naturally take up the offer (although a better deal may have been out on the open market)
I am taking it that's some new investors did see long-term benefits here and maybe were privy to more data/assurances.
However - the pattern of selling beforehand suggests people knew of this fundraise - and were either forward selling or selling presently held stock, knowing the fundraise was coming.
Is that confidence? And is there a TR1? Maybe no one has tripped the threshold.
Still seems that , with the exception of those on this board, only Mr Lang has bought big.
To restate , I think on balance the fundraise was a positive indicator.
However, inter alia , the shock raise was one of several reasons I'm less than convinced by AS and unhappy with their public announcements.
The 120 day "negotiating" period is open to interpretation both to the positive and negative.
I've taken a good 4/5 of my money out. Will definitely be leaving some in, but before investing more I'm going to wait until this MOU turns into a hard contract.
Cheers all, TT
Swazers ...the line touching the top of the upper channel at 4.4p is not valid, imo, has that was just an anomalous blip for the fundraise.
However we are still in an upward channel after Golden Cross..
Still looking very bullish..
But some of those charts that Zak draws are ludicrous! He often appears to just pick random channel lines
No need for any apologies anyone.. just making the point that the poor comms leads to assumptions ..
I hope the company ups it's game with RNS'.
I would have liked more of an explanation for why they did the fundraise instead of the drawdown, and I would have liked to see CDT shares sold to maintain sentiment and momentum.
Pretty sure the MMs will hang it above 2p at some point to facilitate the fundraising traders. Long term..who knows?
Certainly not me, and that's why I've reduced dramatically the last few weeks.
Will see how things unfold -we need more frequent updates from the BOD. That six month blackout followed by two kicks in the teeth was not good.
How everyone is really in the dark here. How PIs assume and things are "obvious".
Would you ever admit to being totally wrong?
So all those tricks and market maker obvious tactics this morning..
I can tell you for a FACT that all those 7/8 small trades that brought the price down were MINE!
I wanted to sell £3,000 and was surprised to see it go NT to sell almost immediately after first 100,000.
I just wanted some money out nothing more.
But just shows our assumptions on here are wrong many times.
On the other note, Ciz definitely should RNS the 100,000k incoming.
But will they?
The only reason I've reduced is this lack of communication and trust. There's nothing immediately bad I've heard, I'm just not very comfortable with the BOD anymore.
The whole area is believed to host shallow gold mineralisation evidenced by trenches carrying gold
Bluekebble (last owners) believed that shallow mineralisation down to 4 metres could potentially yield over 100,000 oz Gold.
That's OVER 100,000 oz gold.
Now that's a lot of money.
Hi Oapk,
I hope you’re ok and the last few days messages aren’t a reflection of something going on in your personal life.
I’d really like to understand you a little better to get a truer grasp on your posts. I’m puzzled by the reference to “veiled threats”. Where were the veiled threats in the posts this morning? Could you explain that one please?
On the other subject of the Fundraise, and since everything has been confirmed as being Kosher, what was going on there? It would be honourable for you to admit being wrong over this; at least a reference to it/ explanation?
Reasons that have passed through my mind are:
1) Genuine scepticism that the Fundraise happened, cemented in your mind by no RNS update and Voting rights not being listed pronto.
2) Feeling that you beat the system (and those ‘cheerleaders’ on here) by selling at a profit - and an attendant “I showed you” attitude.
3) Simply wanting to buck the trend of unbridled positivity on this forum; becoming an outlier with a loud contrarian voice.
4) Belief that some posters on here are linked to Ciz and you dislike the ‘kudos’ attached to their posts.
5) You’re a disruptor; you like it, and why not. A hand grenade thrown now and again shakes everyone out of their ramping cosiness.
6) You were trying to lower the share price to buy in lower.
7) Other aspects of your personal life have fed into your behaviour on here.
Anyway..I think you’ve been a valuable voice on the forum, and I don’t care if you’re a bit “out there” , a maverick, mercurial or just a bit weird!
Ps I said you were ‘obtuse’…although difficult to comprehend sometimes, you’re certainly no thicky. I meant oblique. Apologies; wrong word.
I refer you to my previous message.
You're obtuse at the best of times. I have just telephoned them and talked to John Depasquale - the fundraising HAS happened, he confirmed. and it's a pure bookkeeping situation about sharelist.
Wait and see.
Cheers Green/Brond
Mr OAPk.. I'm with you on not following a positive mantra without question, but your postings have taken on a glib, self-satisfied flavour since you sold (most).
Bit naughty really, and certainly an unseemly characteristic, as you weren't even prepared to answer your own question.
So reading between the lines of your ever -cryptic teasing ! I'm guessing that Allenby called you to offer more shares because they didn't have the full take up?
For heavens sake, just cut the BS and say, man!
Can't do with all this cognitive meandering, teasing and one-upmanship.
If you've got something to say just say it!