Bellzone Mining Share Discussion Threads

[fund1] 03/10/2017 10:04

Yes saw it andinvestor1. I expect we will see volatility Untill news is out. At this point I am not to bothered about the day to day movements. But I can understand the frustration of seeing paper profits come and go and it does get tempting to try trade it but it is much less stressful to sit and wait and add on any significant weakness. A few sellers early in the week sold a million each at 1.18 through being impatient.

[andinvestor1] 03/10/2017 10:01

Ultra Capital - games I suspect! Let's see where we end up today.

[tilly99] 03/10/2017 10:00

Thanks fund 1Wonder when we will hear about simandou as that's obviously the key here

[andinvestor1] 03/10/2017 09:51

Fund1 - I agree. Did you see that 800,000 delayed sell earlier but the price did not drop at all. I think (and hope!) that we have some support building here and that there is a buyer / buyers waiting very happy to take stock at these levels.

[fund1] 03/10/2017 09:46

Tilly I think if they get into production they will get taken out.

[andinvestor1] 03/10/2017 08:54

I have it as a BUY / ADD with a short term target after signing of over 5 pence. The thing we don't know is when the signing will happen but I am guessing that it will be weeks rather than months. My main two reasons for this is that (1) the company have mapped out timescales around this and also (2) the Guinea Assembly is shortly regrouping so it will be easier to get the right people together.

[rascotrading] 03/10/2017 08:47

Is BZM is still a HOLD or SELL?

[tilly99] 03/10/2017 08:45

Fund Do you think the main kalia will ever get built Does it all depend on simandou being built ?

[andinvestor1] 03/10/2017 08:20

Current spread is roughly 1.9 to 2.0 based on a 200,000 share dummy trade. Looking at level 2 since open today I think that we will need to see around 1,000,000 shares bought at this level for this to nudge up but with little chance of a drop unless a big seller appears.

[fund1] 03/10/2017 08:05

Sometimes you just get lucky. But I have had plenty of losses over time as well.

[tilly99] 03/10/2017 07:59

Wow 0.03 amazing!I'm just happy the Chinese didn't delist this mad would be happy to get 5p backI also sold some at c.3p on last run upHave about 4m left now

[fund1] 03/10/2017 07:48

I made a packet in Mml back in the day from 20p to £3 plus special dividend along the way. And AGQ from 3p to 50p they were good days. I have stayed a way from miners for last few years but took a ount here at 0.03 sold a lot on last run up to 4p Sorry to hear about your loss here.

[tilly99] 03/10/2017 07:38

Thanks fundYou are inspirational here Have u made money in other miners as I never do!!?Ebola ruined this for meWe had no debt and an enormous resourceI will be out if we get to 5p as lost 7 figures(yes an enormous amount!!) made it back and more on paper in spsy but this share nearly killed me!!

[fund1] 03/10/2017 07:34

I am expecting 4-5p on signing Tilly. I hope you get to recovery your money plus some profit. Think if they do go into production early 2019 then there is a great chance to recover your losses.

[tilly99] 03/10/2017 07:25

Fund1Are you expecting 5p on this signature or in time to come?I'm a stale holder from 18p and want to sell at some point to recover losses Just thought last RNS about the nickel mine was uninspiring

[fund1] 03/10/2017 07:15

Yes I remember most he could have closed at is 1.2 or 1.25 you always have to close your short at the offer price.

[andinvestor1] 03/10/2017 07:10

Ultra did have a short open a few weeks ago if you look at previous posts - I hope that he / she closed it when it was low 1 pence for his sake. Good luck all.

[fund1] 03/10/2017 07:05

Good luck ultra. The risk to short is getting greater by the day.

[andinvestor1] 03/10/2017 07:00

I dont think this will drop it is the build up ready for the news which will take it further. Yesterday there was a delayed buy for £30,000 approx.

[ultra capital] 03/10/2017 06:58

Fund1 well back down then.

[fund1] 03/10/2017 06:50

If any news is going to come it will be Thursday or Friday.

[ultra capital] 03/10/2017 06:28

No news. Panic over.

[tilly99] 02/10/2017 15:46

Fair enuf fundI always thought the iron ore on its own was worth 30p at least Odd no director buying at 0.3p a while back!!

[fund1] 02/10/2017 15:43

Totally agree with above post.