Member Info for VulcanBob

Oiltap: I`m afraid that I have no real idea of GLR`s overall cash balance. There are now so many `irons in the fire`, plans various and who will need what? Any guesstimate MinorMiner?

mpd12: Yes, Bird and the reappearance of his `begging bowl` is so predictable, although it took a tad longer to re-appear since my opinion of 06 April (which I copy below, purely for interest). Then however, there were `plausible` counter-opinions posted here as to why additional funding would not be necessary. I wonder when Bird will next see fit to regurgitate yet another, similar rns? . . . . . At the latest, by end-September would be my guess!

" RE: Trial mining to commence at Star zinc
06 Apr 2020 12:49
Re your question about more funding TopCatz. It had crossed my mind this weekend that, at any time now, the begging bowl could come out with details of another placement. Watch this space . . . . . perhaps?! "

Heaven forbid!

Morning Columbo.
"Long time no hear". All we need is that wise old owl Blueface back on board to add some humour and astute observation here!

Re your question about more funding TopCatz. It had crossed my mind this weekend that, at any time now, the begging bowl could come out with details of another placement. Watch this space . . . . . perhaps?!

Whilst today`s share price drop of around 10% does not make for cheerful reading, the current price on GLR`s own website lists, as I type, a much larger 22% drop and quotes the share price around .23P and a MCap of just £1.28M.
It is interesting to note that, back in 2011 the SP was up at around 46P and then it began its almost inexorable decline to today`s figure. I say `almost inexorable` because, back in March 2017 it blipped up to 8p. Thanks to a tip from Columbo, I jumped in belatedly at 5P and then sold most of my holding. I now retain a miniscule £110ish.
So, I`m looking for another Columbo to cheer me up!

Well, after last week`s inexplicable hiatus, it seems that we are back to `normality`. I couldn`t help noticing then on the H-L web site that some poor soul had bought a large wad at .6P - ouch!

Hairydavey: As long as your `tasty news` doesn`t turn out to be another rns with a placement begging bowl!

Ha! I was going to suggest the same thing Zeb.

Re your last and view that " somehow AIM has overlooked this one".
I doubt it. Going back just over 2 years ago GLR was rocketing and trading at over 10p. As now, there was a lot of very persuasive opinion as to why GLR was climbing so rapidly and there were many who believed it was destined for the `dizzy heights`. I guess that there were quite a few who made a tidy sum on the speculation (including me, and thanks to Columbo).
The speculation remains, albeit with a somewhat different rationale. Again, it seems very persuasive, but only to some. Others, like me have seen and heard it all before. About a month ago I nearly increased my remaining tiny holding, because I was becoming convinced by the current persuasive hype and opinion. However, I just didn`t get round to it because of my impending 4-week holiday. Having not looked at the stock market once over that period, I returned home yesterday in the expectation that I might have `missed the boat` with GLR, but only to see a significant fall.
So, currently there have been those on the AIM who pushed up GLR to its recent heights, but then there have been others who remain unconvinced because, like me, they have seen the positive, `convincing` views all before, albeit in a different, but equally persuasive guise.
So Tiger, in sum I don`t see GLR as a convincing bet because of its past history and (to some) lengthy persuasive `just round the corner` potential. Such positive views have come and gone over the years. It might be that GLR`s potential is now ripening but apparently this view is not yet convincing `The Big Boys` who, I imagine are normally very astute in the investment game.

Certainly, a very positive and persuasive presentation. But . . . . . . . !?

TheItalian - Re your "Is this a fantastic buying opportunity or is it a prequel to liquidation?" . . . . The answer is YES!

eyesblue - re "lack of communication". Actually, this is not surprising, and it`s not just GLR. The reason is usually very straightforward. If there is good news, then the company`s executive will invariably want to broadcast it, for positive news will most likely push up the SP. If the news is negative then, conversely, the SP will almost certainly drop - not good, particularly if you have a large holding as does CB.

So, what is left to broadcast? A RNS can`t hint at anything positive if such a notice would purely be `pie in the sky`. This would also most likely incur the regulators` wrath. Thus, the only other alternative left would be to issue something bland and inconsequential,, purely in an attempt to keep the shareholders happy. This would be nugatory.

How about - "Still drilling away like mad, but we haven`t struck `Gold` yet. But, `hey ho`, we`re now well into the New Year and we remain forever hopeful. So, fingers crossed everybody" Hmm !!!

eyesblue - re your `1-year low`. Unfortunately, and more accurately, GLR is presently at an ALL-TIME low. When it came to market in 2011 it was operating at around 46P. There has been an inexorable decline since to its present sorry state (apart from a short-lived spike back up to 10P in March 2017).

According to my fag-packet maths, CBs holding was worth more than £20M back in 2011, whereas it is now worth somewhere in the region of £300,000. Thinks from CB: "If only I had retired at 65!"

Bird`s financial/business acumen consoles me immensely, for it puts my current £200 remaining in GLR into true perspective!

ZZZZZZs

Winter is here and it appears to me that the slippery slope is getting more icy by the minute.

Hello Burrerface,
I smell a change of `nom de plume` here! If my hunch is correct, welcome back Blueface!

To lighten a dull and damp afternoon, and if my maths serves me right, I reckon that Bird has seen the value of his share of GLR drop by about £400,000 since Sep 17. Oh dear, what a shame! I wonder if he sends himself the odd personal RNS to keep his spirits up?

Columbo - Love your comment re Blueface and `thrush`! For a moment, I thought you were referring to our native songbird - but then it clicked!

Troajan: I missed all of the honest `openness` from Blueface. He always had much too much bullshine for me. He was the man who always spotted a company JUST before it rocketed and supposedly jumped in making a bomb! I`m afraid that I was rather intolerant of the man. That said, I think that he was just a normal working guy who thought that there was an easy way of making some money. And, indeed he did initially with, I seem to recall, some useful hints from Columbo.

One of these days, I suspect that I will have a quick check on GLR, only to find that all had finally come to fruition and it had become a `multi-bagger` (as they say in the trade). Hope so for everyone`s sake here.
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I was unaware that Blueface had also dabbled with the crypto roller-coaster - poor chap.