Member Info for zumore

"#RGM - another reason why any positive update from their US coal play will see a huge rise as NOT in the share price" ............................. I think you are completely wrong there because when the CMC Rosa investment was finalised on 20th December 2016 the RGM mcap was back then £1.5 million (and that takes into account that days placement shares). So considering the RGM mcap today is £4.3 million then we can very much assume that the coal investments are still very much priced into this mcap

RRR hold a 1.2% stake in Jupiter mines and Jupiter mines hold a 50% stake in Tshipi

RRR hold a 1.2% stake in Tshipi manganese mine. Here's yesterdays metal bulletin article: ...................... FOUR FERRO-ALLOYS GROUPS NAMED AMONG BIDDERS FOR TSHIPI Published by Rena Gu, Janie Davies, and Ellie Wang of MetalBulletin May 18, 2017 15:49 GMT London Market sources have identified four major companies active in the ferro-alloys sector as being among the bidders for the Tshipi manganese mine, they told Metal Bulletin. At least ten companies, based in China, Japan, India and the west, submitted preliminary offers for the South African miner in April, Metal Bulletin reported at the time. Fellow manganese ore producers South32 and United Manganese of Kalahari (UMK) have been named among them, along with Chinese electrolytic manganese metal producer Ningxia Tianyuan Manganese Industry Co (TMI) and Chinese investment group Citic Dameng. An acquisition of Tshipi either by South32 or by UMK would partly heed long-standing calls for consolidation in South Africa’s manganese industry amid protracted concern about oversupply from the country. TMI’s interest continues what market participants regards as a trend, set by the company in 2016, for Chinese manganese ore importers to buy upstream assets overseas. Its 2016 purchase of a stake in Consmin granted it offtake of 600,000 tpy of ore from the Jersey-headquartered miner’s Ghana Manganese subsidiary. It was TMI’s Consmin deal that prompted early predictions that Chinese groups would be well-represented among the parties interested in Tshipi. A spokesman for the owners of Tshipi declined to comment. Tshipi’s owners are simultaneously pursuing a sale and an initial public offering (IPO) on the Johannesburg Stock Exchange after announcing in March that they had appointed Bank of America Merrill Lynch as a financial adviser. Tshipi expects to produce 2.11 million tonnes of manganese ore in 2017, an increase of 21% from 2016. Metal Bulletin’s 44% manganese ore index cif Tianjin peaked at $9.22 per dry metric tonne unit on December 16, 2016 before subsequently moving as low as $4.02 per dmtu on March 17 this year. It was last assessed at $5.49 per dmtu on Friday May 12. The 37% manganese ore index fob Port Elizabeth hit highs of $7.96 per dmtu on November 25, 2016. It too dropped dramatically at the start of 2017, hitting lows of $2.23 per dmtu on March 10. The index has since regained some losses, reaching $4.38 per dmtu on Friday May 12. The two indices will be next calculated on Friday May 19. . https://www.metalbulletin.com/Article/3718384/Search-results/Four-ferro-alloys-groups-named-among-bidders-for-Tshipi.html

doesn't look good. Luckily I had a change if heart in this share and decided to sell a little while back

is a bit false because earlier on today the sell price was 2.33p and even since the supposed drop I'm still getting quoted 2.33p to sell.

If anybody does see potential in GRL then I would strongly suggest investing directly into GRL and not investing indirectly into them through STI, RRR or MTR because any rise here is not guaranteed to make those other share prices rise. Very low mcap here with very few shares in issue. And when the federal reserve meet again next week and interest rates remain the same then I would expect the gold price will rise sharply again. If that does happen then I expect PIs will be looking around to invest in some low mcappers with an interest in gold. So later next week GRL could gain more interest. Of course all only my opinion. Dyor.

Hi Ken, i honestly see Bell as totally insignifigant here because he's only on the GRL board because RRR own 9.6% of GRL. Likewise he's only invested in GRL because these past few months he's pathetically been clinging onto Johnson trying to copy him. Lol did you see the GGP 8th August rns? when Bell and Johnson stepped down from the board and in that rns Bell was talking like he and Johnson had become Siamese twins:)

I decided to have an investment in GRL. Not looking for a share for life just looking for a profit in these next few months. I think this has a chance. Yes like Orion I loathe director Bell but I can put that aside when I think near term this could be profitable.

Commiserations with both RRR and RGM. I think most lose in Mr Bell's companies and i think i lost around £6,000 in RRR. Though this year i've had a new strategy of trying to not invest in the dregs of AIM because i realised that lots of the well run big companies have bagged, multibagged this year, so i decided why invest in the microcap dreg companies of AIM that continually dilute shareholders when you can invest in the big better run companies and still have a great chance of making profit. It's a much safer way to invest. I'm not a big investor by any means but this year i've clawed back around £4,000 of my previous RRR losses and so hopefully if i can stick to my more safer investment strategy i might by the years end be able to eek a bit more profit. Best of luck with NCT!

Here's Red Rock's presentaion on lsetalk from around 3 weeks ago: http://www.lsesharetalk.com/mining/redrock-resources/1b/# I don't read this thread much and so it may have already been posted? And i only post it on here because on page 3 or 4 they give projected figures on SC and so that may be of interest to some on here?

Scott Kaintz of Red Rock resources briefly spoke about GRL at last weeks UK investor show between 9 minutes 25 seconds to 9 minute 50 seconds. https://www.youtube.com/watch?v=U7NNANXOfVs

talks positive about KLG today in his 4 minute charting video: https://www.youtube.com/watch?v=c9MunLS9uy8 In his vid he talks about them third.

by the CEO and his exciting vision for the company. He may not come across as a showman of a CEO but he does come across as a CEO with a plan and a CEO who knows how to do that plan. Me personally i'm sick of CEO's who are slick talking showmen but ultimately full of hot air. So overall i was impressed. :)

gambling sites over the years (Coral, Ladbrokes, WH, various Poker sites) and never once have i been asked to send any documentation to verify my identity. Admittedly i haven't been on those sites for a couple of years but unless their verification processes have changed then they have been doing exactly the same as PLUS500. So in my opinion this is a complete overreaction and i'm sure PLUS500 share price will recover.

·"Group cash position of $92.2m as at 26 May 2015; this excludes customer cash retained separately in segregated accounts" ........ I must admit i jumped into this yesterday at 3.02p without much research but the above line where PLUS500 say they protect customers cash in a seperate account looks like a well run company to me. Some of the dodgy online poker companies a few years ago were keeping profits and customers cash in just one big account and obviously that meant the customers deposits and winnings weren't protected. So that PLUS500 put the customers cash in a seperate account means it's protected and it's not touched which of course is great. So if some PLUS500 customer accounts have been frozen just because the FCA want PLUS500 to do more thorough idenity checks on customers then surely PLUS500 will quickly implement this and this price will quickly recover.

maybe the company will be doing all they can (how i dont know) to get this price up to around 1.50p and then maybe enough PIs will join primary bid to get a lower price and the £3 million will get raised.

from sh#rephrophets a months or two back and Winnifrith was trying to get you to join primary bid. If I recall I think he said he's involved with them somehow. Anyway to cut my waffle I would say the chances of raising £3 million from PI's at a price of at least 1p are near zero. I mean what PI would join the primary bid site and say "yes I would like to commit £10,000 and be part of the placing at a price of 1p please"? I personally doubt anybody.

They usually begin from the ADVFN 'top traders thread'. Of course if you aren't aware of that thread and then see a price rapidly moving upwards you obviously think it's happening for a reason but unfortunately it's mostly a ramp started from the advfn 'top traders thread'. So i strongly suggest anyone double check that thread if you see a price rocketing upwards. Knowing the ramps has saved me a lot of money. Good luck!

Then again we all know that with the right RNS we could easily multibag. So although pretty boring here today we all know patience is the key.

"Drummond left his role at FairFx to focus on SPR he also signed up for the UK investor show 2015 why? lol"