Asiamet Resources Share Discussion Threads

[mattjwhity] 07/10/2017 12:41

https://www.youtube.com/embed/HGUXjHObmoATaken from Twitter but an excellent summary of where copper is going.$3 minimum for new development to even think about building mines.No huge supply increase needed, just a steady increase for deficit to kick in.China's smog issue the catalyst for electric car revolution.Just another video confirming we are onto a winner here.Good luck and yes, bring on BKZ updates Mr. R!

[the manini] 06/10/2017 22:36

Lol little madam!

[littlemadam] 06/10/2017 21:17

I don't care a toss. Shorters longers, up my knickers this share is only heading one way.
Short term is for eediots.

[charles clore] 06/10/2017 20:42

That precipitous selling this afternoon - seemed like someone wanted their money out before the weekend.

Looking forward to more nice drill results next week everyone?

[mr roper] 06/10/2017 19:35

Pretty good week that all in all. Roll on next week for bkz.

[the manini] 06/10/2017 19:32

Where can ARS be shorted?

[tromso1] 06/10/2017 18:27

Would be fun to watch the frenzied short-covering rally as shorters get into a panic when the Beutong news unexpectedly lands.

[mount teide] 06/10/2017 17:22

With regard to stock market share price manipulation by hedge funds and MM's - never underestimate their greed.

In a stock with a market cap like ARS, it would be relatively easy for a group of small hedge funds to drive the share price down to 3p.

The arrival here of poster 'jaknife' should be a warning - since he has previously held short positions in companies that subsequently came under q co-ordinated attack from the North London Shorting Mafia.

I recently reported to AIM Regulation; how could a situation exist in a transparent market where i was offered 360p for a 1,000 dummy sell in a company i hold, when there were 5 MM's on the bid between 362p and 370p for a collective 10,500 shares! As i posted on ADVFN immediately afterwards - be prepared for a tree shake - 5 minutes later a clearly orchestrated huge tree shake occurred taking the price down nearly 10% in minutes.

My experience of MM's and Nomads is that along with many politicians, estate agents and second hand car dealers, it would be difficult to meet a group of more venal, self serving, deceitful, underhand, devious and unscrupulous individuals.

If you want to see how corrupt AIM can be check out the behaviour of the Board and Nomad of Mercantile Ports and Logistics (MPL). Posts 600 & 592 give little flavour of the 6 letters sent to the Nomad, cc to AIM Regulation and SFO.


AIMHO/DYOR

[freddie ferret] 06/10/2017 16:47

Shorters wanting to stop a price rise?

[charles clore] 06/10/2017 16:29

I'm not sure all of those 'sells' were what they purported to be.

[mount teide] 06/10/2017 16:23

The machine gun sell attack this afternoon(nearly a million dumped once the buying had dried up) was clearly a holder who for some reason does not want to unload at higher prices - why?

Common sense suggests anyone looking to unwind a large position at the best price would be slowly feeding it in a rate below the buying - not waiting for the buying to slow after a spike on a news day and then hammering the bid with a sledge hammer sell attack until it was below the opening price. Makes no sense.

[trigger blade] 06/10/2017 16:17

Yes, although I was joking, but please feel free to call me Mystic Trig.

[cyberbub] 06/10/2017 15:56

You were right, Trigger Blade - always happens on AIM after a positive RNS.

[charles clore] 06/10/2017 15:54

They must be getting a bit short of available stock by now, or bored stupid!

[2lb] 06/10/2017 15:35

Yep, and there is there is the predictable Friday afternoon dumping post a positive RNS week.

Comical

[trigger blade] 06/10/2017 12:31

We've had a positive RNS, that usually means a red finish :-)

[maverick247] 06/10/2017 12:12

Could be a strong afternoon

[mattjwhity] 06/10/2017 11:49

RNS update clarifying few things.Short column end of October.Looking like Q4 will be a cracker

[charles clore] 06/10/2017 10:11

Absolutely - I have ditched a number of my not so good performers and bought ARS with the proceeds. Better to recognise an underperformer and take a loss early than to watch a good opportunity pass by.

[x54v] 06/10/2017 10:10

Just reading the article again myself and there are some good quotes in there:

"There are too many people who are nervous Nellies and panic when a stock goes down a few percent. That’s what stocks do!"

"There’s all kinds of propaganda making people believe that impatience will pay off,” he continues, “but impatience is a sure way to lose money. I’ve always taken the long view.” He adds with a grin: “I’ve got nothing but time."

Those two are quite applicable to ARS.

[x54v] 06/10/2017 10:06

Indeed CC.

Thankfully with ARS, the original reasons for buying just seem to get added to since the news gets better and better as the story evolves.

[charles clore] 06/10/2017 10:03

x54v - that Rosenfield piece is so true. Conversely I would add that if the reasons for buying a stock in the first place change it is very unwise to hold on to it in the hope that things will improve. Better to sell it and buy something you like imho.

Coming up to a triple top on the chart. Any ideas as to what happens next?

[x54v] 06/10/2017 09:54

On that note of holding on to good investements for the long term littlemadam, this is worth a read:

"By ignoring the conventional wisdom about investing, Rosenfield has made money grow faster and longer than almost anyone else alive. Since 1968, he’s turned $11 million into more than $1 billion. He has heaped up those gains not with hundreds of rapid-fire trades but by buying and holding — often for decades. In 30 years, he’s made fewer than a half-dozen major investments and has sold even more rarely. “If you like a stock,” says Rosenfield, “you’ve got to be prepared to hold it and do nothing.”