Member Info for TrekMadone

GRX - suspended in Oz for funding -mi sold at +40%. Will buy back later.

PXC - what a sht show RNS - been hiding CLN conversions and share transferrals with no TR1 RNS’s! PI’s can’t work out the price points. Disgusting! I dumped mine now the last only just in profit but think I will sit out trading that one now unless they announce a 50m funding deal!

AMRQ - 130 now! Wow … reckon if Trump can’t take Greenland he will buy every mining company there! AMRQ is the gateway!

Usual caveats

Trek

Schlum - we still don’t have licenses albeit they shouldn’t be a problem with the environmentals in place.

Yes a takeover is a possibility but with distressed assets it’s not always equity holders that benefit. It’s so often the case that bondholders or other tier one’s only benefit and equity is written off or gone for fractions of a penny.

The more distressed this is the higher the likelihood that senior debt take the lot off market. AIM is an elephant’s graveyard of such deals!

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Trek

The metals prices improvement on NPV only counts if you get the stuff out!

This is what’s in view for now….

“ These discussions have taken longer than initially anticipated due to other transactions the Investor has been completing. …..”

And PXC’s response - no plan B, no competitive alternative financing, no tapping US funding!. We’ll just sit around with our feet up burning cash while the investor waits for the ink to dry on other stuff!

Worse they give away CLN’s at 1.483p which I thought were 2.41p in the December 4th RnS ffs! Disgraceful!

This is why the fking TR1’s are needed and they can’t even do that!

Absolutely no regulatory compliance whatsoever and the nomad signs off on these RNS’s!

How on earth can investors trust this lot! Outside of a short term trading gamble this is now totally uninvestible!

For transparency I just dumped 200k shares that were in profit.

Would rather wait for clarity in cash before gambling more!

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Trek

Lil shake before news - all part of the game.

Hydrogen + helium 3 & 4…

That’s what we’re here for

Then any funding will be way way higher…unless we get bought out!

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Trek

£1

Been adding here steadily. Hoping for a re-rate back to 120’s following the disposals, refin and director buys.

Trek

Slack getting bought up - NT now +250k. Can sell what yah like!

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Trek

Been a good day today - I did trade some of my sells into new positions. Those I sold all fell off highs.

Still got 10% cash.

Have cancelled some sell orders that I had in for tomorrow. TACO’s mates probably closed their shorts now!

Gonna think, what to do - thought about it…. Holiday! lol!

Trek

Hi BP,

Yes and look at where that has got them - admirable effort but sp destruction. Once it looked like a non starter they should have changed tactics. Could have been funded by now and even mining copper.

Still time to changes direction imo.

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Trek

SVML - find rare earths in tailings! I hold

Trek

I note the mitigation to the Chinese Cables is we will move the cables FFS - give me strength!

They can move their tunnels - across London and we wouldn’t know!

I tell you they will map out the whole of the city for espionage and potential sabotage!

There will be a huge full time special forces unit housed in that embassy.

It’s the biggest Trojan horse of modern times!

In the even t of any hostilities it will cripple, London from within!

Why spend billions on carriers when you already have a team in your enemies command and control center that you can add to with tech and planning!

Crazy!

Trek

2 days of BB - can’t be much liquidity here - may dry up pdq!

Trek

Never say never but not yet Cliff - the refin is a massive kick of the can!

Still plenty of time to JV this imo or even get a package together. If so the resultant sp reaction will imo be huge!

Hence trade some but always leave a few in!

Hi MTS… yes typo.

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Trek

Chinese embassy gets approved - I mean have you seen the size of that place!

Kilometres of underground tunnels as well!

It’s not just the ability to listen in on the cables or even physically tap in that’s a worry.

China could house 300+ special forces troops there and we’d be none the wiser.

They would be studying everything in London and in the event of any hostilities city could be overwhelmed.

Our bobbies would be fighting Semtex and mini-guns with truncheons!

Trade deals can be stopped or tariffs added. Handing our land to China - there’s no going back!

Absolute stupidity on an unbelievable scale of stupidity!

Idiots!

Trek

The CLN’s I get likewise Nicks salary exchange. Remember the SP was sub 3p for a while when these deals were done.

Issuing new shares for a professional adviser fee…mmmmm it’s only £28k - surely that one could have been covered from cashflow.

In any event…

Feb approaches - I really can’t see them missing this deadline.

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Trek

At last after all this time first gas! And no LTI’s! Incredible achievement- well done SEPL and partners!

Now for a step up in the Divi!

Trek

Weird offered a lower price to buy more than less!

Trek

Been busy this morning - sliced 15% of my pf. Sold out some completely (LAND, SAFE, GRI) took 25-50% off others. Took the biggest % off my insurers which were on average 50% up!

Added to 50% to one position - SEIT - (US energy efficiency), yields 12.33% and Saba Capital have bought 10% to force a divestment. I am well below their average buy in price as originally bought in 40’s.

Anyways I just don’t see any good coming from Starmer’s speach. There will be some moves before EU and US kiss and make up or it might come to nothing!

So have been selective where I sold. Not touched likes GRX, SEPL, AMRQ, HEX etc as I see them fairly agnostic. Sliced some renewables as was in profit but not UKW and NESF. Also only taken a little off of REIT’s.

Now have cash to either buy back stock cheaper, buy new positions or park in money market.

If the timing of my GGP sales are anything to go by it could be a fk up! lol! For now at least I am not a forced seller to pay for some holidays. Having some cash as was fully invested makes for an easier nights sleep. For now at least!

Trek

Out now lost £77 but well up with Jan divi. Escaped for now.

Not sure what will happen when Starmer has a go at Trump.

Have sliced and sold lots today after a fantastic overall run.

Can average back in later

GL

Trek

Incredible that there is hardly anybody here!

I make a living in this space - granted small caps are a small % of an overall pf but my pf is a derivative of small caps!

And GRX is about as good as it gets!

A nice tuckaway especially sub 50p and let the story unfold!

Then I usually just sell half on a double, buy boring income and let the rest ride.

Similar to my AMRQ buys in the 60’s!

Let’s go again I say, imo just needs some patience and it will be over the ‘double’ line here!

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Trek

Charles Archer on GRX … I hold.

https://open.substack.com/pub/thatstocksguy/p/greenx-metals-c3f?utm_campaign=post&utm_medium=email

I wonder if Monday will see a similar Midas touch?

Either way I am not selling - GRX imo has serious legs. If it doesn’t pop I may buy more

Trek