Member Info for TimmyTradeface

It's back up now, seems that may have been some error on the market makers behalf, but I'm not going to pretend I know the answer.

I'm waiting for the Sheba feasability report. They said end of Feb so thats thursday at the latest. If it's positive enough that should perhaps push the sp up.

Well i guess its not exactly news as such, but its a bit of positivity during an uncertain period.

Good news comes out and the share price drops... the stock market is such a strange place...

It looks optimistic to me but not perfect so i can understand why theres no flood of buys but not sure why sp is dropping. I can only imagine the sells are those who were hoping for a shorter term plan taking their money to pastures new.

I think a lot of people might be reducing their position to reduce damage if the report is bad news (hence the small sells and falling sp). I'm personally confident about this one. According to news videos on youtube, Elikhulu is exceeding production. Of course there a lot more to a company than its resource production alone; hopefully there won't be any nasty surprises regarding other aspects of the company.

I guess theres nothing to discuss at the moment. SP is struggling to recover with no news. I guess the next milestone is the general meeting, then we see where that leads us. Until then, silence...

A little confused as to why this stock continues to fall on no news as well as a seemingly high number of buys (i know the share trades log is not 100% reliable but it does seem more people are buying than selling...)

Have they declared they are pursuing a Shariah loan, or is it just what you think they should be seeking? That statement may have came out before I started watching this company.

Well it seems the news has (hopefully) put a stop to the bleeding. I think we're in for a few days of uncertainty before things start moving again. Really we need to see changes being put into place once the new personnel start getting to work, then it will be a clearer picture as to where this stock is going to go. I remain optimistic for the long run, but only if Seafox are true to their word about doing what is best for the shareholders, and that there is no selfish hidden agenda they are trying to work.

More likely some are losing confidence in the stock and some are having stop losses triggered. This has got to find a new bottom and then start rebuilding back to where it was, we just have to ride it out until the general meeting then see where it goes from there. As for the 69 its probably just a correction, i wouldnt read too much into it.

A bit of news that doesnt seem that bad and the sp has plummeted to what it was a month ago...

Not sure how the sp ended up at 22.30 but im not complaining, unless its a mistake...

I think theres strong support at 10p so we shpulsnt go below. Im not sure the price of gold has too drastic an effect on sp otherwise i think wed have seen a steadyish rise. I think the results at the end of february should get more buyers (if they are encouraging that is...)

Numis have changed target to 16p, another optimistic broker rating.

Bit of a retrace at the finish but the daily % rise is encouraging.

I hope you're right! Bad week overall, PAF was the one I was relying on to keep my portfolio on the right course. Would be nice to challenge 11p over the following week.

Hopefully its just a temporary retraction.

This stocks really dropping, but on no news it seems. Any ideas why?

Excellent indeed, let's hope its not a quick jump up and down, like the last time it hit the 20s, and the start of a longer term uptrend.