Member Info for westie50

I'll confess to being mildly disappointed there's been no drilling/AGM news this week. However I guess a few weeks delay won't make any difference in the grand scheme of things. Copper man - you pretty confident of news next week??

Nice analogy older and wiser. I like it. We do have the potential to be promoted to the premier league if all goes well

Likewise CB. I invested as much in NvS and Mr Bailey as I did with ARCM

ARahim. Agreed. Sadly as we become more on the radar there will be posters here with little research either trying to disrupt or making uneducated comments based on the one article they've read.

Repeat. Why have you posted here?

And you point in posting is what GW?

We all knew about what you have posted anyway

Repeat - Why have you posted this?

Another one who is under researched trying to spread the muck. Possibly SPOT's cousin??

I think it's clear Nick was anticipating quicker drill results and if he had his time again he might have used different words. Even with eh massive potential here, the markets don't like delays. All will be forgotten about hen those good results land

Thinking that way as well Poorman - Copperman seems to be pretty up to date with things and has said news this week.

Apologies for worrying you Poorman!!! I was just trying to point out that director buying in our case is definitely positive.

https://www.telegraph.co.uk/finance/personalfinance/investing/funds/11453951/Jim-Slater-This-is-the-most-reliable-sign-shares-will-rise.html

Interesting article re Director Buying. i just thought it was a good read. Re the possibility of insider trading - I think it's a non starter. Firstly the Directors would have contacted the company lawyer to make sure there's no issues. Also the placing purchases were probably agreed a while ago before details of Zam drills were known.

Having said that, this is most definitely a positive sign to see so many directors buying/adding.

Of course you're right CB. You know i've been investing for many years and to this day there's always rabbits being pulled out of the bag which none of us anticipated. For the last few weeks i've been struggling to work out why we've fallen off the 5.5p highs with so much potential, and there we have it, a placing, which none of us (well certainly not me) anticipated. So whilst i'm sure the raft of good news to come should push us up to more healthy levels, there'll still be that 6.5p exercise price in the background. Anyway,l never a dull moment!!

Olderandwiser - I like your balanced view of the latest state of affairs from your comments this morning. So with decent news, as we all hope for, there should be no reason why we shouldn't move on to the 7p levels. Above and beyond that will most certainly depend on how Zam pans out, plus CASA news and maybe Sturec sale.

So I agree the waters are a little less clear beyond 7p but if things transpire as we think then the "good news pressure" is surely the best tool to push us beyond 7p. But I like your balanced and cautious optimism.

What I meant to add was the ARCM management are obviously very confident to announce a placing at a premium where hopefully soon it’ll become an effective discount.

Delighted with the announcement this morning. Placings can be positive and this certainly is another positive step. A good foundation for us to move on as news is announced.

Well done to those holders who have added this morning.

@fulmar - You think that's the last of the warrants cleared?

Be interests to hear your thoughts.

The bid has been very solid at 3.9p for a while now which is encouraging

Thanks for the insight Copperman.

Exactly CB. That would be a nice boost for us if he has invested again

I was firstly thinking the £100k trade was a sell, but dummy buys are showing up at below mid price for now so could have been a buy.