Member Info for wiltshireman

Cadence that's a nice name we were thinking of calling it Brian.

Its reassuring that the gains are still holding, perhaps I shouldn't say that

Must be something to do with the hike in gold on thin trading. Noticeably it seems all the shares with gold in their name seems to have benefited from todays rise which just about sums up AIM trading. Still maybe it will persist tomorrow. By then the media will have talked us into inflation I expect.

Has Trumpy opened his gob again? or is rampant inflation about to commence ?

Bit inconclusive but any straw in the wind seems attractive at this point. AU mineralisation looks good on the face of it but I guess the detection system isn't exactly conclusive. But its a good start. And what's more the gold price recovered well today !

A little bit misleading the bit about SOLO and UKOG having no debt I was of course referring to CLNR having no debt but no money coming in and no prospect of a spudding date unless a miracle happens. IMO another factor that will help us is if HM Government were to encourage gas (in particular) exploration more in the N.Sea by giving back the tax breaks that were taken away by that nice Mr Osborne. That would make a helluva difference to CLNR's prospects at a stroke.

Its always the same old same old I could name several similar situations, data room or no data room that until a farmin happens and they actually start drilling can 6p be reached and sustained. OK gamble on a farmin and a spud date but don't kid us that anything is going to happen very quickly in this depressed energy market. Longer term yes but short of an unsustainable spike we are unlikely to make 6p. P50, P10 whatever - we are in a similar situation to SOLO UKOG except they actually have money coming in and no debt and have drilled just the one well - no work and no revenue CLNR share price of 6p is purely speculation. If it does then I am gone and back in when the SP inevitably drops back again. I've dabbled in offshore Ireland (shallow offshore Cork and deeper fields) offshore Falklands (shallow fields) Bahamas etc and they all have similar stories, just waiting for a farmin, lots of interest blah blah but the truth is until things start happening sentiment is not on our side. Gas reserves are slightly different but still need an awful lot of investment. On the other hand once a farmin happens, UK gas resources actually meaning we have to import more and more gas and above all the P50 becomes a reality we can't reach and sustain 6p. At least I don't think so. Perhaps the old saying 'to travel is better than to arrive' will prove to be the case and you get your (sustained) 6p but I won't be betting on it at the present price. Cluff is a wiley old bird ( I was in Cluff Gold and made a few bucks over the years) and no doubt cash calls and inevitable dilution will occur long before productive drilling occurs but then that is the name of the game and this is AIM. That is why I am in this and if and when some solid facts appear I will have another punt. GLA

well out of date !

anything can happen in this crazy market these days, much like the new president.

pumper / dumper New Year party

Flagship Cap Oeste The first gold from Cap-Oeste is the latest in a run of upbeat announcements from the Argentina–based miner. The company reported a US$10mln turnaround from losses into a profit of US$3.6mln in the six months to June, as production jumped by 70% to 16,900 ounces while cash costs almost halved to US$591 per oz. And the next six months .................

lost my entire holding down among the deadmen. Caught up with ECR news and change of direction seems like grabbing at straws but maybe it will come off (the bottom) one day. GLA

This is a boost for the company that lenders see them as a good investment plus of course and the reduction in costs of servicing the loan. Lets hope they stay well below the limit.

same thing happened on SOLG yesterday. The locusts are out share stripping and we the PI s are the suckers.

must be all those clever fund manipulators buying their paper gold back having been stung by Chinese housewives

Apparently chinese housewives have screwed gold shorters. LOL. Reminiscent of anti Thatcher gurus of the time ridiculing Thatcher economic policies as being those of a housewife. http://www.scmp.com/business/commodities/article/1228786/gold-short-sellers-lose-chinese-mothers-buying-their-daughters The world can only trade in bits of paper for so long before the game is up and the realists pile back into real gold.

is politically correct but it isn't going to help the share price. Cluff is an (old) brand name.

has any influence any takeover will be fought hard. The previous bid a was fought off and AC was taken over 9 years ago when running a company called Miineral Resources and has never forgot it. As long as he's (supposedly) in the back seat he won't let this go without a helluva struggle especially having transformed Cluff into a producer from an explorer. Having said that he is no spring chicken. Its an interesting read http://www.telegraph.co.uk/finance/2924311/Business-profile-A-mining-legend-out-of-Africa.html

and thats what happens

for years. Maybe I should be back in. This scenario seems to be the best one for some time. Biggest attraction is gold now or soon rather than later as with explorers. Ever since consolidation in 2010 these shares have steadily dropped so maybe this really is the 'tipping point' . GLA wish I could afford to join you.