Member Info for ThePunter1

"Why the drop!?! ;0)

Ah Punter....amusing memories."

Cant beat a post from punit, bloomin legend he is.

Day high 1.7 on my screen.

Get up to 1.9p you little begger

Live price 1.70pence. I am already in profit after averaging down from 1.7p earlier in the week. At the current market cap this is a no brainer imo.

Sweeet

I expected gold to rise with the world events as they are. But even silver is going strong at £17 per ounce, wonder if thats a sign that people are expecting largescale inflation.

" This shows how thin ecr is on staff regarding website and double checking documents before publishing."

If thats true, and I have no idea if it is, then it doesnt bother me at all. The more pounds they can save in the bank the better position they will be in to negotiate a joint venture deal.

SNG rise is crazy based on a test involving 101 people. Can see a lot of people getting stuck on that spike. Will be very surprised if it holds above 150p by close.

People now calling covid investments "covid plays"?

Totally agree Crazyfund. A 9 million market cap with one of the hottest gold prospect licenses in the area is very exciting.

Can you remember the market cap if GGP when you first got in there? Im not sure how many shares were in circulation back then so I dont want to use todays number in an attempt to work it out.

I was out after the damp squib of a sales RNS. Only getting back in below a certain market cap. Dare not say my target price at the fear of being called a deramper. Even though my previous predictions of 80p and 65p came to be.

"a strategically strong position with regard to commercial discussions"

Sounds good doesnt it. Almost as if they are saying. You need to make the deal sweet enough or we are going it alone.

"But you are constantly bashing this stock. You are either stupid or you are doing a great job trying to get a cheap entery."

Really? The SP has been in freefall for weeks. What Samolly or any other "deramper" says will make sod all difference.

Back up to 1.60 now. Not sure if I want the price to head upwards or retrace and add another tranche of shares.

Agree dreammachine

I am keeping an eye on both the market cap and number of infections in the country. I have set in my head a point where I might buy back in depending on those numbers.vMy logic being if infections start to rise sentiment might return, especially if the FTSE also retraces. However for the moment I am just a casual spectator.

"Just quick one for BOD especially David Budd, How does it feel to destroy the SP and with it many many Pi,s life savings mate. You set yourself a time frame no one asked you to do that and then not delivering. Driving business forward at snail space and competing in market which run on a flash pace. Do you sleep well at night. I am looking at 60K loss at the moment and that is my frustration coming out now . Not meant to upset anyone but David Budd which I know he wont be bothered."

How about take some PERSONAL RESPONSIBILITY for your own actions. The share price shot up from 9 pence to 300 pence. If you cannot make a profit in that then perhaps investing isnt for you. And if you got in at the top when the company was valued at over a £100 million on ZERO coronavirus test sales then more fool you.

Rant over.

"does this company know what there doing...£3 to 65p bloody ridiculous.."

Said it before and I will say it again. The company are doing well for a small scale diagnostics outfit. Its not their fault that market sentiment went through the roof and has now come crashing down.

I would say their obligation is to get a good license sharing deal to serve as funding for other drills. Not too fussed about the immediate shareprice more bothered about how much % they get out of the gold discovered in future.

Have a look at Google Finance maximum chart. Anyhow I have picked up some this morning and it shows as a sell. Plan to pick up a few more if it drops back to under 1.5p. Read the recent RNS history and a few video interviews and I can see an awful lot of potential here.

Trying to do some reasearch on this company and looking for information about the operations going back 10-15 years. Can anybody fill in the gaps as to why the SP was double digit pounds and dropped right off to pennies?

"What an odd coincidence. All of them suddenly become positive after it bounces of 65p."

Perhaps they see that the market cap at 65p is reasonable value for the companies current position. For the record I called a drop to 65p on Friday. Just saying :) Obviously I got this eloquent responsen from John117 "The Punter is full of bull. Why 65p? Why not 2p."

Ironically they posted the following this morning " I’m starting to think people should have to pass an IQ test before internet access is granted."

I quite agree John117, I quite agree