Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Char is one of those stocks you can't get away from. I first invested in 2013 Bought and sold many times. Last sale was at 20p I have watched them being featured often in the Day's risers and did my best to ignore it. However they look like they are going to blow again so happy to be on board.
I am thinking about taking up fly fishing and in my search this company came to my attention and they regularly send me special offers. Never thought about investing but I think they have a unique place in the market and despite the recent rises, I think this will be good so I have made a modest purchase. If I see a fall back I will go in stronger. Can't say that I like the spread but there you go.
Twice I have seen UKOG go to dizzy heights and twice failed to capitalise on it. 11p some years back and 0.475 on Friday. This occasion particularly irked me because when I saw that the much ballyhooed announcement was already common knowledge, that should have been my signal to bail out and come back in cheaper and with more shares. However, i'm holding so many shares just to see them hit 1p will be life changing. I take comfort in new direction that the company is going and if it pans out as I expect it will, this could lead to more overseas adventures.
I have been in UKOG (and KDNC) even before David Lenigas went on breakfast TV and talked about the Gatwick Gusher. I was first introduced to this company via this board and have seen 11p and 0.010p but always kept the faith. I have topped up all the way down and in the last month have seen a 10k loss turn into a 10k profit. I think Turkey is a game changer and could open up the way for further opportunities outside the UK.
There is an old maxim when investing. Never let historical trades cloud your judgement. This normally relates to selling when you have seen a great profit and failed to capitalise, there is a tendency to hold on regardless. Witness UKOG!. However how about if you bought very low saw them go even lower and sold only to watch them triple.? You know they will be a star investment but can't bring yourself to invest at this level. Well bugger it. I am back in. Having sold at 19p now back in at 59P am I an idiot? watch this space.
I retired in 2006 and started trading as a hobby. One stock that kept popping up was Paddy Power at 20p Like an idiot I ignored it and as it reached 50p I was annoyed with myself for missing the boat !. DOH! On the basis of better late than never i'm now moving into gambling stocks. On line gambling has very few overheads compared to the high street betting shops. I bought Webis on Monday. Better than playing the horses.
My 2k purchase shown as a sale? What a ridiculous system
New to this board. Just chucked in a couple of grand. Can't get over all these tiny trades? what's that all about ?
Cadence holding in EMH currently worth £20.88m Holding in Macarthur Mins £4. add to that 30% holdings in Megalit and Mexalit, 30% share in Hastings 3 minerals leases and 6 exploration licences plus Amapa. With all that going on our Mkt cap of £27.44 is ridiculous.
I am a remmer and sat on losses for some time. I sold half my holding and bought BCM EMH Macarthur Mins and Hastings all of which have done ok. At the same time I took advantage of the poor KDNC performance and now my average is 9p The assets held by this company keeps me on board. Macarthur holding now worth 4m pounds. Ok I should have sold KDNC when they reached 2p (200p before consolidation) and BCN at 155 but not selling when I have a profit has always been my biggest downfall. When I invested I wasn't aware of the enormous costs and time scale required to produce lithium but there is a light at the end of the tunnel. With the World gearing up for the energy revolution and the demand for lithium set to explode, I think our patience will be rewarded handsomely. I am not selling at this stage and do not have a price in my mind that will induce me to.
David Lenigas is an Australian Geologist with connections historical or current with several high profile companies. BCN, KDNC, UKOG..EMH Hasting Technology metals Macarthur minerals. Although some of his interests have been a bit disastrous (DOR) for instance he has many connections in the exploration business and seems to have his "ear to the ground" no pun intended.
Cadence do not own any Hastings shares but they have a JV agreement with Hastings which gives Cadence a 30% interest in the project with the proviso that Hasting bear all the costs. Hastings current cap is A$ 235m which probably reflects the estimated value of their 70% interest in the project. On that basis the Cadence current value in that project amounts to A$70m . I would be glad to hear from anybody who has another take on it. Last year I halved my holding in KDNC and reinvested in Hastings, Macarthur and EMH. That has worked out well. The one thing that Cadence are good at is spotting a good investment. I have been in Bacanora for a long time. Saw them hit 155p and said here we go. Didn't know that here we go meant down? but with Ganfeng on board there is no limit.