Member Info for wiltshireman

Scag I think you probably lost the plot long ago. Patience. Oil drilling / production is not just poking a hole in the ground and turning the taps on. You wanna try investing in offshore drilling (too expensive to do much of that) where there is more to contend with, weather, supplies etc etc. Onshore is alot easier but there are still a multitude of things can go wrong Its not as though we are anywhere near the end of Q4 which has always been the target for Wressle. Patience.

Gwyn - wish I had your confidence. Remember this is AIM where logic plays no part.

or what? But then I guess they've earned them.

https://www.proactiveinvestors.co.uk/companies/news/932158/great-western-mining-corp-goal--to-produce-gold-and-silver-by-year-end--932158.html

especially as silver and gold are the go-go investments at the moment and having seen global opinion and Brexit implications good way to catch up on the fashion.

I disagree about the price of gold. The gold price has remained remarkably steady since its peak of $2000 earlier in the year after a sustained rise. This is the bit that it is unusual and encouraging. If you want stability look no further than the price of gold. However, once the American pantomime is out of the way we might see a more volatile gold price.

and are stripping the bones of the recent rises. Inevitable though always a period of profit taking after a good rise / spike. Will SP come back by the end of trading, not sure, there is always tomorrow but that's traditionally a profit taking day too.

Paulh - Yes you are right. PJ even says so himself having been a small investor himself in 'another' life . Don't believe or be mislead by reports and brokers reports who have an axe to grind. In recent cases PJ bigging the company up is well justified but will be interesting to see how the inevitable failures are put out to his shareholders. Then we will know for sure whether we can trust him to tell us the truth. CAVEAT EMPTOR is particularly appropriate for investing in ANY share especially AIM

IME this is usually a good sign and not just a 'flash in the pan' If trading volume continues to rise our momentum will become unstoppable.

includes POW

and everyone fighting amongst themselves. As Private Jones said 'they don't like it up 'em' You should have made enough to feel secure but then no one feels secure on AIM, its the name of the game I am afraid.

Spikes we don't need, we don't want to attract the vultures ..........yet. Don't mind once we are established on up trend. Then they can do what they like as the floor should be that much higher by then and any retrace won't be harmful to small PI s in here (which are the vast majority) or undermine the share price.

When punters were losing money hand over fist not when they were making it. Lighten up guys and give us all a break.

I feel this is a watershed moment. If we can weather spikes and the day trader vultures for a while to get in some real solid SP gains then IMO we are home and dry.
Apart from the usual dips we should expect anyway, especially on AIM, we can look forward to a realistic valuation of the SP that is much more in keeping with the potential of POW's many ongoing projects.

Spot on Herbie but one thing you have overlooked. The nobs pay over the top for Clogau products (I admit they are of a higher quality) because of Royal connections and they are unlikely to die out anytime soon unless they all catch the plague. There are millions of suckers (many of them American who wet themselves over our Royalty) who'll pay over the odds simply for this reason. Anyway Welsh gold sounds much more exotic than South African gold and with such a memorable name its a marketing gifr.

Spot on Herbie but one thing you have overlooked. The nobs pay over the top for Clogau products (I admit they are of a higher quality) because of Royal connections and they are unlikely to die out anytime soon unless they all catch the plague. There are millions of suckers (many of them American who wet themselves over our Royalty) who'll pay over the odds simply for this reason. Anyway Welsh gold sounds much more exotic than South African gold and with such an usual name its a marketing gifr.

Spot on Daniel, I did the same with GGP and like you sold too early but still made good profits and moved across. In and out a couple of times after my first entry at 0.7p but now I can see the wood from the trees and tangible gains I feel more confident to return for a while.
Win some lose some. As long as the wins outpace the losses 'what might have been' is irrelevant . AIM is crazy anyway. GLA

in Red Rocket seems to be doing OK again. What with likely news on that front and Wizard Zak looking through sheep's entrails we should see a likely target figure for them of 2p too. Not advice of course just chart mumbo-jumbo of course.

Curn - that is because the day trader vultures are still circling overhead and watching and haven't spotted it yet. Once they do others will join them and move in for a feeding frenzy. They will of course be instant experts and talk gobbledegook to each other about their amazing and breath-taking trades that they have executed. That's what happened with Greatland and I think we will see a repeat performance. As long as it sends the SP sky high I am very happy for them.

Thanks for the heads up Stout

with no spikes thank you very much