Member Info for theiceberg

Each to their own..but
Cascabel fails and cup and solg have a nightmare.
Cascabel does well solg does well but cgp gets stuffed.
Cascabel does well and both solg and cgp do well.

I know which has the best potential to do well out of solg.

Also cgp is clearly being priced with a fundraise imminent imo and the shares they sold to pay for bills they had no money for are due to be released from their no sale period next week...

Is it really worth buying £ 500-600 worth of shares in a different currency in an illiquid market to gain exposure to cascabel. when you say you own £200,000 worth of solg.?

The books looking middling to be honest with a big spread 15.5 to 17p kind of even spread.

A none earth shattering observation..
very very simply market makers obviously sit on both sides of the book. They normally sit with a 1p spread on solg. I.e if the book spread is 18.8 - 19.2 with an sp of 19p then a market maker might be on 18.7 near the top of the bid and and 19.7 near the bottom of the ask.
However at the moment we have 2 market makers winterflood and cantor with a 2p spread and the rest with a 5p spread.
It just shows the low liquidity uncertainty and how if you want to deal in larger trades you will normally be screwed with the price...
Sorry just my observation...of market thats really struggling

Certainly some smoke..
Solg just a whisper now from its 'normal ' lows..up strongly at present although in this low liquidity market a rise and fall can happen in the blink of an eye. BHP down, ftse and general market down..
It all adds to the smoke imo.
Maybe a director buy. Maybe mre news , maybe funding news, maybe something more subtantial.
But I am more than happy with solg atm. I've got no short term risky trades just watching and waiting for solg to continue it's climb.

Mining minister at the weekend..
Projects in the advanced exploration phase will continue to operate,
And
What they are doing is operating at the bare minimum, which means that no equipment stops and everything requires great care,

The first line could almost perfectly apply to Cascabel..
Any idea that everything will be put on hold is already shot down..
https://m.miningweekly.com/article/ecuadors-largest-gold-and-copper-mines-scale-back-as-coronavirus-cases-rapidly-grow-2020-03-22/rep_id:3861

If we take the 18-22p channel that solg spent a bit portion of the last 6 months in.
Then we are only 25% down from the bottom of that range.

Considering many companies are down 50% of more from their 6 month channels solg is doing well...very well..

His posts have gone because he's a racist idiot.
We can get back to solg.....

I don't know what magic voodoo Nick is performing to get a share price that rises in this market but it's infinitely better than the 90% of the rest of the sector and the markets....

Somebody is certainly building a stake..US and Canada wake up and we get lots of ATs despite a cr appy market.

We don't have a realistic figure of how many died due to Spanish flu....
The article you posted showed a death rate of under 1% of those infected under mitigation...
It's like talking to a climate change denier 20 years ago...
Pick out a few facts, misinterpret then, then a few Lies maybe a straw man or two...

Meanwhile let's distract from the fact the SP is actually up..maybe pretend that it being up is actually bad...

Zzzzzz

Your comments are very laughable. Even in the news conference yesterday the scientific advisers said the death rate is less than 1%.
The comment that you needed to speak to people in the states to find out that trump is incoherent might be even more laughable..everybody in the world knows this, it s not a secret known to select U S citizens..

The best one is saved till last though. Your saying the share price might go up...but it might go down. I.e. There is volatility...
Keep it up.

The truth is we are one of the highest climbers in our sector...
Yes it's low ish volume yes it's from a low base but given the current market any increase is welcome for whatever reason.

They do but this wasn't to do with that as we had an UT at 13p and then trade s at 12-13p.

Was very strange, only just logged on but we are still on the blue leaders board for miners...
Quality again?

I've had a bit of time to trawl the cesspits of aim that exist on twitter and LSE. There seem to be lots of folk bragging about how they brought and made lots of money etc in small rises, mainly on oil shares.
My advice is that much of this is c*p, for every time they did this, there was likely 2 or 3 times they lost lots of money. There are quite a few small MCAP companies being pumped to the Nth dgree. I appreciate this always happens, but when they fall in the current climate and they always fall it will be beyond painful and at massive speed.
If you want to take big risks for big rewards then folks such try and trade out of it, but with experience of this is in the past many will lose what they have left.
My advice for what its worth is for folks to remember why they invested. If they want to reduce risk then sell and keep it in Cash until they think its all blown over.
If they are long term investors then hold and just watch with interest.
Obviously everybody has there own strategy, which i don't know and can't advice them on individually. But i would be wary in the extreme thinking you can trade your way out of any loses.

Sorry should be £10k not 10m my auto type playing up

For what I assume was a £10m negotiated buy..
Strange day today difficult to buy in bulk but the ask had a never ending supply of small trades.
Could be a large uncrossing trade coming up.

Mr drake some of us remember back to 2008 where big support packages and decisions are taken and communicated to the markets over the weekend and shares rocketed up on monday...

Take your pick really

Third and final post...whilst I've got my phone out.
Now is exactly th e time to get streaming and funding deals...
Good companies invest now in the metals cycle..so that in 3-4 years when the cycle in peaking again they are riding high..
Low interest rates...Low copper price and QE will see money being thrown at developments...It will be what causes the supply glut in 4 years time..