Member Info for TrekMadone

And the 250k ‘sell’ is my buy, I have been adding here sub 1p now to 2m shares.

Order Status Executed
Order Reference OMJxxxx
Date 18/06/21
Time 09:39
Stock Name THOR MINING ORD GBP0.0001
Action Buy
Order Type Market
Symbol THR
Quantity 250,000.00
Limit Price
Price £0.009711
Consideration £2,427.75
Commission £3.99
Stamp Duty £0.00
Levy £0.00
Total £2,431.74
Accrued Interest £0.00
Expiry Date n/a
Settlement Date 22/06/21
Settlement Period T + 2
Market Currency GBP
Settlement Currency GBP
Indicative FX Rate n/a

Trek

They can be divi buys, not applicable here. Inter market maker trades. Balance from auctions or liquidity trades put through by the market maker to help liquidity. MM’s often run schemes to generate liquidity, these usually involve algorithmic trading.

You can read about it on the LSE site...

Definition: market making incentive schemes that the Exchange is mandated to offer under Article 48(2)(b) of MiFID and Article 1 of Commission Delegated Regulation (EU) 2017/578

Page 58 covers it and also ALGO trades. Worth learning the offside rule before you play footy because you can be sure the MM knows all the rules! ATB.

https://docs.londonstockexchange.com/sites/default/files/documents/rules-lse.pdf

MiFID2 MM agmt tab...

https://docs.londonstockexchange.com/sites/default/files/documents/20200401%20MIT%20&%20TE%20Parameters%20version%207.2.xls

They are not broker codes! Hope that helps.

Anyway I just topped up here a 100k and a 50k. Following the money with my WSG profits. IMO Anything sub 4p could see 6p fairly quickly here.

Usual caveats

Trek

I suspect the price has been dropped to enable the last of the overhang to wash through.

By close today I suspect the majority of posters here that are still invested are genuinely in for the drill. For sure a few may be expecting/hoping to flip on Helium results.

Imo, I don’t know how one interprets any early Helium shows. If we get a show then yep it’s there if we don’t then you could argue the integrity of the seal is very strong.

The accompanying dialogue from the geo’ will be what’s key.

RNS could be as early as Monday but should get news next week.

Good luck all.

Trek

£5

Good guide for options price at 118 for when we raise. Will not be too deep a discount imo and the sp should bounce back pretty quickly.

Trek

That 25k sell at the open today was mine. I just looked at the Fed minutes yesterday. It’s nothing to do with PUR it’s sentiment. I wanted to protect profit so sold half my holding. I am figuring I may get back in lower. If not I have options.

Re the macro. I posted this on WSBN... kinda explains my view...

“Unfortunately the narrative is changing. The Fed have given hawkish hints which has spooked PM’s. Tapering is being discussed and interest rates may rise ‘sooner than expected’.

For sure with the 10year treasuries at 1.6 and the ‘average inflation’ at a tad over 4 it gives a net negative yield (-2.6%). But inflation is being imported hotter than expected due to the weak USD.

The soft US non farm payrolls are looking like a blip and the labour market is awash with vacancies hence the hawkish rhetoric.

I am hoping Jerome is just trying to talk up the dollar for now. If it’s more the markets WILL tank!

I sold 25k PUR at the off this morning. Half my holding to protect profits.

As for WSBN and other small cap gold miners. They won’t be immune but if they have cash on the balance sheet and are drilling or at another inflexion point, such as JV they will be ok. But expect risk to come off if the Fed taper. The BoE is already winding in QE. Those explorers in far flung risky territories will be worse hit.

Of course it may all come to nothing but in this game you gotta soak it in make your own decisions and position your pf accordingly. “

Imo, These actions are reflective of the market. PUR as a producer is now more closely aligned to the PM market.

It offers an option of holding some and trading some given that we ‘lag’ the US and TSX news.

I have done well on those principles and have posted sells as well as buys before. Today I sold my 78p buys. I’m gonna put them back in hopefully soon!

Good luck with your investments

Usual caveats

Trek

Bought at 6p sold at a tad under 12p.

Bought recently at 4p and sold at 5.75p.

Check my post history.

Don’t get me wrong I am not boasting my only point is against the Warren Buffet hold and hug forever brigade!

This market is not as simple as that. You need a little luck as well as stock picking!

We ‘all’ have these little bankers that we can time well and flip in and out of.

WSG the share that keeps on giving!

Good luck LTH’s, I am NOT ****ging the company. IMO it’s gonna be a sound long term investment especially from this level.

Good luck with your investments.

Trek

Oops hit post early.

Its just odd that the RNS is not written in the same language as normal, warrants.

Nowhere does it say purchase. It may be that he does have to buy them. Which is fine but he could buy cheaper now on the open market. He still gets the same amount of shares for the same amount of cash. Sure if the SP is 100p then the risk is less but if it stays at 25p or goes to 20p and is taken over for 25p (just to illustrate) that’s not much reward for objectives delivered.

Why not just just performance related options.

All rather odd.

Trek

Yes that is my understanding of warrants. You normally have to buy them as opposed to management share options which are performance related.

“Stock Warrants vs. Stock Options: An Overview
A stock warrant gives the holder the right to purchase a company's stock at a specific price and at a specific date. A stock warrant is issued directly by the company concerned; when an investor exercises a stock warrant, the shares that fulfill the obligation are not received from another investor but directly from the company.”

Having previously derampers the stock to get in, I am now going to ramp it!

“Synairgen share price: risky investment

If the treatment doesn’t make it through the final testing stage, Synairgen could lose its flagship product. This would be a massive blow for the business and would undoubtedly negatively impact the stock.

On the other hand, if the treatment does make it through the phase III trials, the sky’s the limit for the company. Testing of SNG001 has so far shown it to be effective against all types of respiratory viruses. As such, the potential market for this new treatment could be colossal.

Overall, the recent trading activity in the Synairgen share price seems to reflect the market’s uncertain views. It seems some investors don’t believe in the company’s treatment.

However, based on the positive test results so far, I think SNG001 could have potential. With that being the case, I’m willing to change my previously negative opinion of the stock.

As the firm pushes forward, I’d buy a small speculative position for my portfolio.”

https://uk.finance.yahoo.com/news/going-synairgen-share-price-130827279.html

Trek

Take your pick.

Support is at 56.5 if it holds/good news could fill the gap up from 80p-120p on a steady climb.

If the support gives we have a 40p double bottom. Also possible on news.

Anyway I grabbed a few sub 60p.

Perhaps what I should have done was bought 50% and then hopefully averaged up but then had cover for 40p if it happened.

But then that’s hindsight and I still think this will turn. It’s just taking time.

Usual caveats,

Trek

MREX have been at the top of the Ask for ages. Thanks to them the price is held up. They are by far the most bullish MM. The question really is why are they collecting so much stock.

Trek

For sure it’s a great RNS. It’s really an investor heads up a statement of intent, hence the market is agnostic atm.

I think when the approvals come through and in a few weeks when there is more meat around the field planning then the SP will take note.

My view FWIW, I would rather they now focused on these two projects. There is plenty to get into and the winter in Labrador is going to be very busy. No need to sound out other acquisitions unless they plan to sell on quickly. We have enough on our plates without grabbing more land.

For sure the co can go well beyond a £100m mcap but they gotta add ounces in Adeline and Troodos to make a difference.

Flying a rig into Adeline in winter is probably not as expensive as we think but it certainly won’t be cheap. They will need the cash for a top crew and and a camp for the maiden diamond drills there.

If Cyprus comes good and they then do a deal with Poly to take it on on a cash + royalty basis then great. Another opportunity may well be feasible but imo not just yet unless of course it’s self funded!!

Usual caveats

Trek

ST,

“So, the gullible still believe the MMs don't manipulate the markets to generate liquidity and mop some share for the retail investors? ”

You don’t need to check out YouTube. Read the T&C’s of the LSE and the MM role. Their JD is to create a market and part of that is to legitimately publish schemes. It’s not manipulation it’s absolute called ‘creating liquidity’.

MM schemes are often ALGO driven, especially if there are just a few MM’s holding a book and usually in low volumes to create liquidity but they have to follow the MiFid rules and post a scheme. But that is not the case here with often 6 books and reasonable volume, atm.

Definition: market making incentive schemes that the Exchange is mandated to offer under Article 48(2)(b) of MiFID and Article 1 of Commission Delegated Regulation (EU) 2017/578

Page 58 covers it and also ALGO trades. You can be sure the MM knows all the rules! It’s pretty well regulated now but as always rules are open to interpretation and there’s a huge amount of stocks and trades.

https://docs.londonstockexchange.com/sites/default/files/documents/rules-lse.pdf

Hope that helps.

Trek

£5

Lol! Yes the fool article typically ****s stocks off that have had a good run as they lag the news and they can’t understand how things can be valued outside of P&L or EBITDA!

I note a few buyers have grabbed a sub 20p bargain off the back of it! Good work!

The Fool has a following, it has its place but it’s not always right. In fact we don’t know who’s right here yet. The drill will decide. But I reckon DM has stacked the odds in investors favour we’ll above the market attributed CoS!

Those taking a chance and buying now will if successful reap the highest rewards. 5x he reckons. I reckon more, not right away but more than 5x and eventually…..

Trek

£5

“ The Warrants will have a 2-year life from Admission. The exercise price will be 25p per Performance Warrant, being a 150% premium to the "Placing Price" of shares issued at Admission.”

He has them at 25p, 150% premium to the PLACING PRICE. Must convert in 2 years.

Doesn’t say he has to buy the warrants for 25p, 4p or whatever p. It says the ‘performance warrants were awarded’. So my interpretation is that they are his to convert if the SP is over 25p for free within two years. No VWAP no accelerator an ‘award’ which makes sense as it would be an award if it cost him money.

Such matters are often deliberately unclear.

I don’t hold here it’s just on my watchlist.

Trek

Info....

Helium One shares have four-bagged since December. This has given the group a market cap of £129m, even though it has no revenue, limited funding, and no proven resources.

I think this is an interesting situation with real potential. But I think that the Helium One share price may already be pricing in a successful drilling campaign.

Markets tend to look forward and value shares on what’s known. Right now, the information we have about HE1 and Rukwa is pretty positive. But if early drilling results are mixed and investors turn cautious, the stock could fall quite sharply.

Without specialist knowledge about HE1’s assets and about the helium market, I don’t feel confident buying this stock after such a strong run. I think the share price is probably high enough today. I’ll be staying on the sidelines for now.

The post Should I buy Helium One shares as drilling starts? appeared first on The Motley Fool UK.

https://uk.finance.yahoo.com/news/buy-helium-one-shares-drilling-075324175.html

They’re so clever where were they at 7p! Or ARB at 4p lol!

In DM we trust not the fool!

DYOR

Trek

£5

RNS date No. Wars Cash Price p
27/04/21 1560230 44311.00 0.03
04/05/21 4730452 134981.40 0.03
10/05/21 3891115 308278.27 0.08
21/05/21 2482394 70499.99 0.03
07/06/21 300000 8520.00 0.03
16/06/21. 400000. 11360.00 0.03
27/05/21 1000000 Unknown AGS for 2D
27/05/21 372669 13.99 AGS for 25km 2D

Total shares 16/06/21
614498925

Fully diluted share capital P9 prospectus
560452272

Placing shares
10000000

Full dilution + Placing Shares
570452272

= Outstanding conversions
44046653

Many are subject to lock-in ranging from 1-3yrs. Page 167-169 prospectus

Trek

£5

More like Innova buy Avacta!

I mean can you imagine it! £4 would probably do it and the MMC will be appeased by them opening up a factory in Wales to compete with other testers in a highly competitive space.

The IP can then be exported to China along with the Deepverge collaboration, a big fk up as far as I’m concerned!

Boris and his cronies can say Britain is open for business on the world stage and they’ll get a smarter test.

AV6000 will have a whole new chemical war head and no one will give a toss as all the back handers roll on in.

Why is there only one monopolies commission!

Getting fed up with an investment that’s becoming a political football!

Trek

Pretty much all small caps down today especially PM’s. Seems to be the case when FTSE hits highs. ‘Easier money’

Gulls are Torquay.

Trek - Green Army!

Hi iPhone,

That’s a different 700k of trades. Not options as would be a RNS. Possibly an insti adding. Would explain why price being held down to tempt sellers, deter buyers.

Trek