Member Info for uncleal

My friend worked in the contracts division of the MOD and was astonished at the prices paid for simple pieces of equipment. For instance, they were paying £25 for 4 inch bolts which could be bought from Wicks for 50P in 2022, I met the owner of a small engineering company who had managed to get a contract with the MOD to supply steel profiles. His bid was very high and would make him a substantial profit. He never expected to win the contract but he was the cheapest? . The reason I mention this is that anybody who gets on the MOD radar will do very well!. .

A lot of lumpy buys. Someone is cleaning up !

Ex I am baffled as to why anybody would post on a board that they have no financial interest in ? I can understand if they are trying to get shareholders to lose heart and sell so as to enable a purchase on advantageous terms but to just slag a company off as a hobby is very sad! I agree with your sentiments and asimp should go forth and multiply.

But i still have all my facilities LOL

Gary 25 You are old mate !

Most of us are sitting on a UKOG holding with such little value, it is not worth selling, I will probably take them to my grave My holding in the run up to the Türkey duster was worth 60K I find it difficult to take a profit. I fear missing out on the life changer?

I am an old remmer and have seen many ups and downs. Last year I went back in big time and also included Cadence in my grandchildren's Junior ISAs . They are up 114% and I'm hoping this will give them a real leg up when they reach 18. That's 6 years and , 8 years time.

Eons ago Cadence applied for a full London stock exchange quote but was turned down on the basis that they were not a mining company but an investment company. Could Amapa change all of that? Wouldn't that be nice ?

Its not the board thats untrustworthy. It's the aim market. Since we hit 110p there has been very little selling and on most days, more buyers than sellers. Yet the SP keeps getting marked down as this suits the MMs books. Its a licence to print money. Lets hope they get their comeuppance !

All very encouraging but I would have preferred they had found oil in Turkey. My holding then worth £100 k , Holding worth now ? Jeremy Clarkesons farm

Routine maintenance which has probably spilled over into trading hours. Heads will roll!

Last throw of the dice!

I printed off Mondays report and compared it to other geologists reports. A Google search indicated that a commercial gold find had to be between 0.5 g/t to 1.0 G/t Some of the red setter findings reported 5.4 gt , 2gt and . 6.48 g/t. WSBN may not be greatland but there is commercial gold and further drilling may find the motherload., I as I have been repeating ad nausium there has not been a major sell off ..AIM MMs have marked the SP down because it suits their books and all the PI punters have fallen for it !

Even trading today and yesterday . For every sale there is a buy . If this was the main market and not the AIM market this would still be at 70p ! MMs building their bear positions and marking down. All we can do is look for the bottom and lower our averages .

Once again we shareholders are suffering at the hands of the AIM MMs . No major selling just a mark down to make the MMs bear positions look good. Had the MMs had holdings, the SP would have flown! Licence to print money?

A lot of large buys. Somebody knows something good?

Richard Poulden (1) 1,047,225 3.46%

Jonathan Harrison (2) 19,747 0.07%

Michael Mainelli (3) 18,551 0.06%

Jack Sun 769,230 2.54%

20 years ago I retired and opened a Hargreaves account as a hobby. One of the risers that kept popping up was Paddy power. They went from 10 p to 40P I decided I had missed the boat so didn't invest ? When they reached £13 i was a little bit annoyed with myself. I have tried to seek another in the same business to no avail Maybe this is it?

My UKOG holding was worth £100k after the market got excited with the Turkey prospects. I saw the duster news too late and sentiment kept me in.( I still think that they didn't drill deep enough) I should have learned my previous lesson with this stock which was no matter what you sell for it was always a good move. Now the holding is worth less than the cost of selling. Only a miracle will help,

With the right amount of courage, there was money to be made purely by following the trend. Anything over 80p was a signal to sell. Anything under 70p was a signal to buy and had I followed that mandate since Christmas, I could have more than doubled my holding. But who wants to be out of the game when the assay results are published ? Not me. So I will sit tight and wait it out.