RE: Re: Need news on Bacton asap20 Jan 2022 21:32
@ 16:15 - I don't know if I shall still be in here in 12 months' time but hope so. Having noted a comment about ADV it is to be hoped the word "small" did indeed apply. As I seldom, if ever, rubbish a stock an earlier post on the subject gave a strong hint about exiting with the word "factors": simply put, the biggest of them was the unconvincing geological data. I therefore exited last week @ 4.65p regretting perhaps not hanging in until 5p.
Besides five other fairly sound stocks I have in fact sold half of a CEY (@ 7% loss) stake because of a preference to add to PTAL and THS. My reasons for doing so are fairly sound. Although Peru has not been visited Manolo, all being well, has sorted the Loretan tribal conflict and unrest. (He has an aura with the indigenes who refer to him as "Brother") Production will grow markedly for the next 2 - 3 years.
THS mining areas in Rustenburg and Ngezi (Great Dyke) are well known to me. With its basket of PGMs the company will grow strongly this year . . . reflecting a steady SP increase. It has become part of core holding. JSE comprises the biggest percentage in the AIM p/f.
My next exercise is to inspect AXL which has overheated somewhat. They listed a few weeks ago. The Llanos basin, Putumayo and northern Colombia have been studied at length for 2 years. Company accounts' examination is a priority. DELT to a lesser extent deserves a spot of attention. KIST is another victim of hype . . . am none too sure about continuing but keeping an eye on JU rig Prospector 1 and AA statements.
My hopes on IOG are high . . . and it has held up quite well bearing in mind the frailty of some PI's attention deficit. We are a bit like grasshoppers.
No more o/t from me.
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