Member Info for Troutisout1

Did you not take any off the table at 28-30p levels?

Good afternoon buying....

Slurm,

A Broker's note is not evidence/proof the price will go straight up to their target price. If that was the case why has the SP dropped since Zeus suggested a much higher market cap? It doesn't mean both things can't happen either, a drop followed by a rise back upwards is entirely possible (in fact the first bit has happened from 7p levels)

I think you will see in my response to Lupidog, that I don't discount his scenario but I believe it will be wrong this time. My fear is that if some here just post believing everything will go up, then they will be sorely disappointed and that in turn exaggerates any downturn. I am prepared to go against the herd mentality of posters (as I did about it being one single investor on the last raise), I do believe the SP here will ebb and flow and that is despite buying lots more shares today. My point about SML's trajectory is simply without all the other geo-political factors we could be a lot lower than we are today, no-one predicted all of those in advance and no-one can predict what happens next, positive or negative, so everyone should be allowed an opinion and they don't have to follow the popular convention of the moment.

Bluegrass,

There is a danger of asking for evidence when you know there is none and that means none to counter their point as well. Having bought back back in here early last year, I can say as well as the movements in Directors and the upcoming drilling programme for the MRE, the main driver has been the price of Tungsten and that was helped by the ongoing Ukraine war, Trump's trade war with the World, Chinese restrictions and then the Iran war. These have all had a huge reflection on the price of Tungsten and that is probably the biggest driver of the price rise here at SML. With it came the media coverage, the search for Tungsten assets for investors to get into and of course allowed the Company to raise twice at increasingly better prices. I fear without that boost SML would be behind it's current trajectory and possibly still looking for funds at a much lower level.

So it wasn't the drill results RNSs that saw the price rising (the SP often dropped on drill results RNS) , it was the overall situation regarding Tungsten and the World's need for it (Just imagine if China were still exporting at previous levels where we would be?).

Guilty of the one today at 12.4p, but agree there are buyers picking the dips, in larger amounts than the sells that dip the price (which always seems manufactured). Hence pointing out there are more buys in the sell column than sells at the moment...

Prop,

Are they drilling for sofas???

I think that last post just proves the point....

So there's 188k of buys in the sell column now, more buys than sells!!!

Just picked up some more under mid price 12.4p :o)

Hi Lupi,

I am still here (although I did take some off the table to cover my previous losses investing before Brendagate, Juggernaut days...).

Just like Lallee's comment earlier, anything is now attacked unless it is totally positive, however experience tells us that the SP doesn't always go up and the general direction of an SP when newsflow is barren or rather run of the mill is downwards. I hope you are wrong on the 3.5p comments, I would not discount that totally, however with the ongoing drilling, plus upcoming planning permission (increased drilling) and the quality of results so far, have me believe this will range trade rather than drop right back.

Trout.

PS I hope so, I have bought over 1m shares today.....

Hopefully Ebola virus.

I don't think that is in Fusions sphere of vision, there will be some companies looking at vaccines, but prevention and containment can work well if co-ordinated. Ebola doesn't spread through the air and patients are only infectious when they show symptoms, so not like other airborne viruses that have potential to spread across the globe.

Laalee,

I thought your post just summed up the history of previous RNSs and to a certain extent has been backed up by the SP fall.

However, I do think there is a chance that was a tree shake and some positive momentum up will follow, the problem is everyone posting here is either 'full' or it looks like some are having a trade (where some have sold and want in lower). The news is good and the next well on the infill is due to start this week, 2 down and many more to come once planning permission is granted.

Who is Traws or Decoy

;o)

Bluegrass,

If you don't know, it doesn't mean you are stupid, everyone is learning as they go.

So when it comes to allotting and issuing shares they use the nominal value of each share, which for SML is 0.1p, so when they say £704,694 that is at 0.1p a share, so that would be 700m shares (hence 25%).

When they raise money you will also see them state the nominal value of the share, this from the 19th March RNS, my capitals

"Strategic Minerals (AIM: SML; USOTC: SMCDF), an international mineral exploration and production company, is pleased to announce it has raised gross proceeds of approximately £4.7 million through direct subscriptions for 134,285,712 NEW ORDINARY SHARES OF 0.1P each in the Company ("Subscription Shares") at a price of 3.5 pence per new ordinary share ("Issue Price"), (the "Subscription")."

"All business is good but I wish it wasn't so vague.."

They have given you the Company name and more details of what they (Decoy) are trying to pursue, details of the type of work HVO will be doing as part of the contract and you wish it wasn't so vague? You didn't even take on board the name of the Company they have signed a contract with.

MMs have a huge spread going on again, but the big buys are coming through again.

🚀🚀🚀🚀🚀only way is up

20 p by Fri or Early next week and that is just the start

Look i am not here to ramp or bs but news will be huge, obviously i don’t have any market sen info but i am confident that there will be lots of very very positive news, i’ve tooped up and i will buy more tomorrow when i get more funds

Rocka, there is a difference between seeing (reading) something and actually understanding it, you have obviously missed the latter part.

I sold some to give the proceeds to my Sons who have all used that to put FAB shares into their ISAs, I have then been buying some when I can since. So as a family we own more FAB than we started with and when you are putting shares into an ISA from a trading account, you generally don't want to be ramping the price up, as the sell happens before the buys.

Perhaps that is where you are going wrong, you are playing with something you don't understand....Stick to scratchcards.