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It"s no good having lots of exciting projects progressing at a snails pace, this extra cash will help speed up the exploration and give us a more accurate idea of how big our assets really are and this will help push the share price higher.Also as someone else mentioned maybe Bill is also after some extra cash to buy the rest of Hamersley. Too many doom and gloom merchants on here at the moment, let Bill do his thing,if the share price is still the same in 3 months then you can have a moan but for the now give it a rest and chill out.
Yes not been great for the PM shares but will recover as you said,I"m also in GGP,ECR,PUR AND EUA and all dropped but slowly ticking up now and only losers are the ones that panicked and sold out on the dip.Stick to your convictions and remember why you first invested in them,hang on in there guys we know where the miners/explores are going long term and it"s not down.
Hi LordZion,Guess you are not alone at the moment sitting on a paper loss,i know it"s painful we have all been there at some point,patience is key this will come good in coming months.I got in late with GGP , June this year, and was also on a paper loss initially and wondered if i had made a mistake coming in late to the party but held on and now on a very good profit and i believe the same will happen here,hang on in there and maybe top up on the dips if you are confident where this is going.I"m looking at least 2 year timeline to where i want it to be so current share price not really a problem for me,those with a shorter timescale might be frustrated with the way it is going.
https://www.**********.co.uk/articles/alien-metals-receives-very-encouraging-lab-results-from-elizabeth-hill-project-e8c305e
RNS seems all good to me no bad news just a factual update to keep us informed and samples taken at only 6" deep so what lies at depth we can only hope and dream.More than happy the way things are progressing ,nice and steady and looking forward to the next update on Hamersley. None of my shares for sale ,here for the long exciting journey ahead.
Great support at current share price and building a solid base for next leg up,feel the pain for those that bought on the spike but hold steady as we will be back up to 3p +again hopefully soon, anyway in 6 months time we will look back and think what was all the fuss about and be glad we have invested here.Considering how much turmoil in the market at the moment i think we are doing well.Patience,patience,patience is the word.
https://markets.ft.com/data/commodities/tearsheet/summary?c=Iron+ore
First invested early August this year in the 0.4"s,my target end of year was 1.5,thought that would be decent return,so have exceeded that if it stops around this range,bit disappointing it has pulled back but was looking at a 2 year timescale to get where i want it to be so nothing to worry about here, i had similar situation with GGP when it pulled back but look where that is now,could have panicked and sold out like many but rode the temporary storm and well into profit now.Fundamentals have not changed here ,only the share price,hold firm and don"t give away your shares cheaply.
Potentially huge huge huge gains to be made here but it"s a roller coaster of a ride,Aim isn"t for everyone if you don"t like the big dipper buy something safe and boring like premium bonds,know where.my money is staying.
Hi Rees,Hold steady,i bought in Aug was up 100% in a few days so loaded up big time at 0.6 and 0.7"s and a couple of weeks later price dropped and i was 3k down,now i"m up about 40k. Annoying as it is being down on paper if your here for the long game it doesn"t really matter these short term fluctuations ,we all know where this share is going so hold steady and don"t give your shares away cheap.
Don"t blame anyone for top slicing as everyone has different strategies,never top sliced personally in any of my holdings, i have only been invested her since August and when i look at how much i have made in that short time it"s unbelievable so i can see why people top slice,not for me yet maybe at 10p plus i will have a rethink,maybe have to make that decision sooner than i thought the way this share is going,lol. Another good day here and hopefully a red dot tmrw.
Win Win either way,pullback load up if you have the cash,rocket launch and your ££££ better off.Best option for me pullback on open and then rocket launch.This coming week definitely my final top up,lol,not sure how many times i have told myself that.