Member Info for TheBasher

and the link.....
https://www.bloomberg.com/news/articles/2021-04-19/house-passes-marijuana-banking-bill-with-bipartisan-support

Tick tock.
What with the clinical trials, and the continual de-criminalisation of CBD related activities, it's likely just a matter of time before the MGC share price reflects that it has become a major player in a soon-to-be mainstream sector.

@alphaomega
Glad you liked it.
Just a counter view to yours to help newbies not get drawn in by the complete 8ollocks of the ramping of a spiking share.
But maybe you are right.... those who bought at 280 must be very grateful for the views of those saying it can only go one way...

So predictable.
Starting to look interesting again the closer it gets to £1. I missed it first time around (was watching but funds tied up elsewhere) and deliberately didn't chase the spike. One thing I've learnt over the years: always let the share price come to you, not the other way around... that way you don't get impaled on the spike.

@funkybeats
my earlier comment of "Happy Days" is very much applicable to you... your investment decisions may, at long last, be on the cusp of rewarding you, and to be building bridges with family, well, I hope it goes well.
I've been in KZG/Kennedy for many years, took the ride up to 13p, thought I was an investing God, then watched it fall away, taking all my profit with it too. I started buying again at the recent lows and averaged right down so now be sitting on a tidy profit, and this could just be the beginning. 5-years time, even 1-years time, this could be rerated to a much higher SP. I hope so - early retirement can't come soon enough...

BOOM!

A quick look at historical purchases show that our BOD are significantly invested - nothing bought since July '20 but apparently still in the game with £428k . A not insignificant amount of money.

On gold alone (and from my post last year), if the company realised the full value of the mid-range of its recoverable gold, then that might indicate a share price of 21p.... even if you discount that by a further 50% then 10p+ might be on the cards. And that's just gold. I'm optimistic and hold a few million of these.

From last year:
500,000 to 1,500,000 oz of recoverable gold.
At $1700 an oz (yes, I’m discounting), and taking a mid point of 750,000 oz that would equate to
$1,275,000,000, or simply $1.275bn.
With cost to extract running at perhaps $500/oz that cost for 750,000 oz would be $375,000,000 or simply $375m.
Rough calculation as it may be but that would equate to $900,000,000 or $900m.....
With 3,071m shares in issue that’s $0.29, or at today’s FX 21p.

Ref for extraction costs (check out the Nevada mines):
https://www.mining.com/ranked-top-10-lowest-cost-gold-mines-globe/

Kazera already generating cash from diamond production, and funding agreement made at a level 60% up from where we are now. That significant investor will be forecasting a return on their money too ... so KZGs progress could , in my
opinion and what do I know , move up fairly rapidly ....

Maximum required $20m to start production. And who knows, maybe there will be a creative deal negotiated that requires less cash.
And the reference:
“ There are near, mid and long-term opportunities here. Phase 1 is the near-term opportunity provided by the pending acquisition of an existing 7.5MW smelter, where an acquisition deal has been agreed. To start the mine and buy the smelter will require R300 million ($20 million). The team is also looking at building its own smaller 5MW smelt on site which would coume with a similar costs. Either of these moves would serve to begin to unlock the project’s undoubted potential”.
https://www.alignresearch.co.uk/wp-content/uploads/2021/01/Ironveld_Initiation_Align_Research_January_2021.pdf

Maybe I’ve got the wrong end of the stick here , but who needs £250m ? Ironveld ? You’re kidding , right ? It would appear that they need a fraction of that to start production.

Cancelled the order and then requested a quote for 400k shares - got around 387k in the end at 1.75, which was more than I wanted pay, but immediately rewarded with a further lift in the SP.
Very very interesting times for both KZG and IRON, where I also topped up this morning. Could be a bumper few months.

Tried to buy 250k this morning ... now on limit order

For goodness sake everyone! All this wasted bandwidth on bots, shorters, derampers.... Just log off from this for 3-months and see what has happened to the share price then. Much better for your mental health and wealth!

https://www.asktraders.com/analysis/eurasia-mining-shares-have-formed-a-pre-breakout-structure-when-will-they-break-out/

https://www.asktraders.com/analysis/eurasia-mining-eua-shares-are-down-14-ahead-of-a-potential-acquisition-offer/

@jiffy
Very funny :-)
Think you forgot this one:
https://www.intercontinentalmining.com/russian-reserves-resources-reporting-system/

Everything appears to be lining up for an explosive finish. SP action and the news which follows speaks volumes. I just hope that short term THE good news comes before the end of this month so I can profit as planned from a call option with IG. Long term still hold hard shares in SIPP.

I am definitely up for that.
Hopefully in a few months we will have a lot to celebrate.

@Bobtrigg
Of course I do! Hope all is well with you?
So, we are still here... backing the ol' GC, NH team post AMER days. The fact that these guys a few years ago saw the potential for both IRON and KZG is, I think, testament to their business acumen.
Seems like both companies are well poised to benefit hugely from the new demands for certain metals etc. And KZG now have diamond production to help cash flow.
Could be a good year here at IRON, if they can get the financing sorted out- unsurprisingly its taking time as its a tricky part of the world to do business, and IRON have already have done well, IMO, to get the company structured properly for BBBEE etc.
Tick tock, as they say.

https://www.dailymail.co.uk/money/investing/article-9358305/Want-flow-profits-Try-metals-driving-green-revolution.html

@judge mental
but intraday higher lows.... pressure building...