Member Info for thechinaman

And now it’s reappeared: £136K buy. Big kipper as Tills would say.

TC

Now that is weird - I am certain I just saw a £100K plus Buy trade appear timed as 5.54 or thereabouts. Now has disappeared. Must be the grog.

TC

Well, if LSE is to be believed, 5.1m shares sold today with a value of £1m and over 6m shares bought today worth £2m+. Good old MMS!
Also, if you don’t mind me talking dirty, I note that the chart is looking distinctly pennant-like and we’re reaching the ‘tip’ so to speak. Sudden surge upwards in the near future, anyone?

GLAH
TC

Adopting same approach as I did with EUA 2 years back: research, research, research then buy while cheap and stick in the bottom drawer and ignore the noise. Risk - reward looks pretty good to me.
GLAH
TC

Morning, Tilly. I guess the number of bot flies we have buzzing around the board this weekend will show how much more blood MMs want to suck from PIs next week. If only our W**ky from across the pond, think your theory could be spot on. Have a great weekend all.

GLAH
TC

Palladium back above $2,400 oz ($620 oz in 2016)
Gold above $1,900 oz ($1,200 oz in 2016)
Nickel back above $16,000 tonne ($8,500 tonne in 2016)
Copper back above $6,000 tonne ($4,000 tonne in 2016)
Sinosteel Monchetundra EPC signed in 2016.
Monchetundra Flanks licence acquired 2019
FSP running
Resources value climbing
Clock ticking.....

GLAH
TC

Palladium, copper and nickel all back to one year highs and derampers doing me a favour by scaring off the poorly researched and impatient, and offering me more chances to top up on the dips! Couldn’t ask for a better combination in the lead up to the main event!!

Exactly how much copper and nickel is there in the enlarged MT prospect? Was some 60,000+ tonnes of the stuff in the original acreage. 7x the palladium with the flanks so 7x the copper & nickel? ; P

GLAH
TC

...bodes well. If swayed by the inaccuracies, do your own research and you’ll see through their ‘arguments’ pretty quickly.

GLAH
TC

There was a time a couple of years back, when I and a few other die hards, with the sp bobbing around under 1/2p, would trot out our case for EUA for any that would be willing to read our fact-based views. I recall many tussles with TDT, the resident deramper, and a very capable adversary. Sinosteel, price of and demand for Pd, definition of ozs (yes, really), development of WK, potential of Sem, WK, and MT were all argued over, and estimates of value suggested. Then, I considered 8p minimum on 2m ozs and more like 18-24p. How naive that all seems now! Since those difficult days, when we were shouting in the wilderness, EUA has provided numerous detailed updates and gained significant value through additional licences and much more research has been made available by EUA and PIs. All this is now easily accessible and that is why when another ‘innocent’ question is asked by a ‘genuine holder’ who ‘tops up on the dips’ and has done his ‘research’ I dump said individual in Dusty bin. If researched, then why the question? If not, then, simple, do the research. I feel I now have the luxury of not having to do the evangelical bit (but I do respect those that continue to fight our corner). We’re so close to completion of this journey that if folk are genuinely swayed by the attempts at sowing doubt, then let’em sell up. Does that seem intolerant? Perhaps, but if folk have put hard earned cash into a share yet are swayed by these ‘genuine questions’ and not willing to conduct their own due diligence using readily available factual information, then I consider them worthy victims of the derampers. Goodness, I enjoyed that rant. And if you want a laugh, have a look at my past predictions. Thankfully, I was way out!

GLAGH
TC

NM

Ending the week on a 7,000+% gain is very uplifting... and looking forward to a 20,000+% gain in a short while.

GLAH
TC

I remember back in 2018 thinking 8p was a realistic sp and 22p would be fantastic. I’d done my research and saw Sinosteel’s contract and the WK, MT and Sem resources. Fast forward 2 yrs (and too many shares bought and sold) and I see copper and nickel have doubled in value since the 2016 Sinosteel deal was signed, Pd has quadrupled, more REEs have been found, the volumes of ore at both WK and MT have increased many fold (x7 at MT?), and now I’m thinking 88p is a safe bet and £2.20 would be fantastic. Now that’s the kind of inflation I like!

GLAH
TC

Hi, Ian. Would you please put me down for Thursday 1st October - sale of MT, plus share of profits, with WM and Semenovsky to be taken forward by EUA, and a special dividend for shareholders (55p). Now there’s a guess and a half for folk to laugh at!

GLAH
TC

I know you know but good to read nonetheless:
‘Palladium is back, moving surreptitiously from the COVID-19 lows of March, in a smooth rally with few stops that has added a whopping $1,000 to futures of the autocatalyst metal...... Hitting a low of $1,355 on New York’s COMEX amid the start of the U.S. coronavirus lockdowns in March, palladium futures began a largely smooth ascent from May. By July, the price had soared to a four-month high of $2,420. By that point, it was already up $1,065, or 79%, from the March trough. ..... A study of spot palladium, which is a fairer indicator of value in the autocatalyst metal, showed the emergence of tipping point for a breakout.
Spot Palladium’s Next Logical Target: $2,610. Spot palladium’s $2,292 peak on Tuesday led to a symmetrical triangle that if sustained could add 320 points at the height of the formation to the northside, charts showed..... The spot price of palladium scaled a record high of $2,881.33 an ounce on Feb. 23, just before the coronavirus pandemic began crippling the world economy.

Until then, explosive growth in the world automotive sector, led by China, had fueled highs almost every day in palladium, a silvery-white metal critically short in supply but also critically important as a component to catalytic converters and emissions purifiers of gasoline engines.

Since 2010, above-ground stocks of palladium have declined by 5.3 million ounces (165 tons), or about 30%, analysts said.‘
Barani Krishnan Investing.com

GLAH
TC

To quote wasarunner on the HZM site but just as relevant to us with our nickel resource:
“Multiple ways this can play out but it gets super exciting mid decade (or earlier). If people are thinking of selling, and a profit is a profit one can't argue with that, try and let some run and see what plays because 'nickel is the next gold' as Elon put it.“

GLAH
TC

Price of Nickel per tonne is currently approx $14,000 and in the original MT licence area we have some 30,000 tonnes of it. Guesstimate on the resource inclosing the wider flanks area working on a 7 x multiplier gives over 200,000 tonnes with a market (not In the ground) value of close to $3b.... and then there’s the copper. Just saying.

Patience!

GLAH
TC

Fact: sp has risen close to 50% in 20 trading days
Fact: no debt
Fact: two licences have been approved recently
Fact: EUA’s resources are now bigger than when potential buyers first expressed interest
Fact: UBS is on our side
Fact: BoD have lots to gain and aren’t in this to make a loss
Fact: we’re in a defined, regulated, FSP process
Fact: IIs have been willing to pay market price for shares (ie no discounted shares for the Boyz)
Fact: Pd is going up in price
Fact: we’ve got lots (And gold, platinum, nickel and copper!)
My opinion: fear and impatience leads to ‘blindness’ to facts, impulse selling, and regret.

GLAH
TC

Just been offered 22.4p ps for 200,000 shares ie above supposed sp. best hold on to yer shares, methinks!

GLAH
TC

Dummy sell - immediate quotation: 16.97p for 800,000 shares @ 10.52.

TC

Dummy sell 16.85p to sell 784,000 shares. Instant quotation.

GLAH
TC