It's a bit like fishing. We the fishermen (private investors) go out fishing for the potential of catching that big one. You know with a gut feeling that this lake/pond (company) could stand a very good chance of producing that big fish. Then comes along the bailiff (troll) telling you your wasting your time as nothing in this lake/pond worth fishing for. Yet the bailiff know (the trolls) this lake/pond stands a very good chance of catching that big fish . Like D3t says. Other fishermen comes along to see if it's worth setting up their kit (investment) and the bailiff (troll) convinces them to move on. Knowing that the chances are very good with plenty of different fish (prospects) in this lake/pond as it doesn't hold just one specimen. One track pony. There job is to HOOK YOU (the fishermen) not the fish. Clear the lake/pond so there paid masters can take control of said lake/pond. Job done. DON'T get hooked on their bait people. It will only get you frustrated and angry. That's what they do. If you keep nibbling at the bait (respond) they got you. DON'T BITE ignore it
Hope this link works.
https://mobile.twitter.com/hashtag/TTAU?src=hashtag_click
Forget to mention it's trading on AQSE site TTAV.PL
Apologies if already posted but might be worth sitting down with a cup of coffee as it's a bit long.
http://www.alignresearch.co.uk/wp-content/uploads/2021/09/Tectonic_Gold_Align_Research_Update_September_2021.pdf
It's gold and copper exploration company but with a stake in HMS (heavy metal sands) on a hold diamond mine on the coast in Africa. Page 19 says it all
Jumping around with excitement according to Ben
Interesting chart analysis on POW and a couple of others.
https://mobile.twitter.com/SwazersC/status/1437095927563657224
Apologies if already posted people but interesting analysis on NFX charts.
https://mobile.twitter.com/SwazersC/status/1437095927563657224
It's not just POW going down. The markets in general are on a pullback and have been for last 2/3 months. Go away in may come back st ledger's day syndrome. Very often true. But some forget to mention this as it very often happens. Certain sectors get hit harder than others.
Potential if Sandfire results are anything to go by. Copied from KAV bb bty.
https://www.proactiveinvestors.com.au/companies/news/959531/sandfire-resources-hits--stand-out--intersection-of-45-metres-at-22-copper-and-426-gt-silver-from-439-metres-in-botswana-959531.html
Map showing POW footprint next to Rio's.
https://www.powermetalresources.com/wallal-anomaly-map/
My opinion is, for what it's worth. Like legal said, Paul has not sold a single share. Now people complain about cheap warrants/shares being added and I get that. It's a pain in the back side when institutions sell original shares at a profit Then use that profit to buy the warrants/placing shares at a discount and again dump them for more profit. Which is very frustrating to all. However when you consider POW bod exercises there right to buy said warrants. They are not dumping those warrants like you see on many other companies. Same could be said with KAV bod. So when some pi,s complain about more shares added by the bod. At least (for the time being) they are not being dumped onto the open market. So got no problem with that.
Another thing with warrants is if they are not taken up. Then they get scrubbed.
With the spinoffs that are in the pipeline, I think Paul said could be up to a dozen. I can see that it makes sense imo.
Now bare with me on this . Let's say Paul wanted to fully fund 10 of these projects and keep them in POW. Just for arguments sake and going on round figures. Each project needs £5 million to get that project up and running. That's £50 million on top of current mc. Current mc £23 million plus the £50 million needed =£73 million. But he would then need to issue billions more shares to raise that money plus warrants so even more shares to make institutions worth their investment. So would you be happy for POW to keep doing placements every few months or so to fund each project with millions/billions more shares added. I think most would say, sod this. By letting each project spinoff and organize their own funding makes sense. Like I said a few days ago. If one ends up not what they think/expect is there. Yes it would have a big effect on that particular spinoff. Probably have some effect on POW share price, but not so much if was kept in POW. It's a bit like your own portfolio in a way. Never put all your eggs in one basket. You know how that can work. I am rich, or oh ****. I like to think POW have covered many basses. PM,s, gold/silver and base metals for the ev and battery sector etc etc. As have I in my pf. As for POW share holders taking part in ANY of the spinoffs. I would hope Paul would find a way to reward ALL current holders especially us smaller ones in some way. Like I said a few days ago. It would be nice for current holders to buy shares in any spinoff at a discount of at least 10%. Say it's a pound a share but POW holders can buy at 90p for instance. That would probably need some organizing with brokers to confirm you are holding POW stock. With some of the projects I would hope to see some large discovers like Paul is confident on doing so. That would i think/hope boost POW share price. We win, also should be a handsome dividend if sold off. We win. If invested in spinoff aswell as POW. Double bubble. Not every project will be a huge success, be nice if it did. So if thinking of buy
Yesterday morning there was 4 mm,s on the ask at 13p. now only 1
Just logged on and noticed mate
No Opinion
RE: SPToday 14:49
Unless the news is that there's no enough lithium or tantalum to be economically viable.
What the hell are you talking about. The tantalum and lithium are BYPRODUCTS which are soon to be extracted along side the tin.