Block Energy Share Discussion Threads

[haff1] 03/5/2024 10:12

This went up on the belief it was grossly under valued It would appear the market is not that convinced. .. We need some confirmation that the potential is here..

[skif] 03/5/2024 10:09

It will drift down until news. So you better hope they release the Finals next week.

[dealer55] 03/5/2024 10:09

Not much selling or buying.

[tarby1] 03/5/2024 10:03

We're not rising because no one is buying.

[dealer55] 03/5/2024 10:02

Not sure why we aren’t rising. Maybe it’s too early yet.

News due.

[andyalbi71] 03/5/2024 09:38

Not gonna lie ... took advantage and bought a few more in the dip

[dealer55] 03/5/2024 09:34

It needs to rise now.

[skif] 02/5/2024 14:18

If the fInals show a decent profit it will move.

[haff1] 02/5/2024 13:17

Yes and it seems to still be stalling at this resistance point. Lots of potential here yet the sell in on!

[skif] 02/5/2024 13:04

How much profit do you guys think they will report in the Finals

[iceagefarmer] 02/5/2024 12:22

at least angus energy is flying today...gas the new gold

[burtond1] 02/5/2024 11:04

New fact sheet for Mayhttps://www.blockenergy.co.uk/wp-content/uploads/2024/05/block_energy_factsheet_may_24.pdf

[andyalbi71] 02/5/2024 11:02

https://www.blockenergy.co.uk/wp-content/uploads/2024/05/block_energy_factsheet_may_24.pdfNew presentation

[the skipper] 02/5/2024 09:13

It’s like the tortoise and the hare story avsome at the moment but the drill programme is massive and it’s not today’s news that will move the dial but the fact that they will be drilling seven of Anglo’s top 20 global targets. Targets which Anglo previously explored back in the 80s before they made a strategic withdrawal from Zambia as it was not a good place to be under the old regime. The new President is a breath of fresh air, and that is why they are back.

The licenses have the potential to deliver several Tier 1 discoveries, and each one would lead to Arc’s market cap multibagging, just like GGP did, so I am sticking with it and that’s the last you will hear from me on the subject, unless prompted.

[the skipper] 01/5/2024 22:16

Re: BLOE we have a lovely inverted head and shoulders on the long term chart with the neckline around 1.9p. Charting folklore suggests that if that is breached we will see a significant rise in pretty short order, so I think that is where haff is coming from.

[the skipper] 01/5/2024 22:07

Avsome, sorry for the tardy reply but I went trout fishing with a mate this afternoon/evening and we had a couple of beers and a bite to eat on the way home. FWIW I spread my risk across eight stocks and move money between them as and when I see fit.

Lately I have been adding heavily to my position in ARCM as there will be news there tomorrow which should mark the start of a multi year uptrend similar to what GGP achieved after their JV with Newcrest (1900% growth over 3 years of intense drilling activity).

Arguably ARCM's JV with Anglo American is a better deal for the company than GGP's deal with Newcrest (subsequently swallowed up by Newmont) since it provides a steady flow of cash to the company as well as a massive drilling programme in one of the best locations in the copperbelt. However, it is such a large position for me that I'll be able to slice a bit off it now and then when one of my other stocks needs a helping hand.

Trust this clarifies,
TS.

[haff1] 01/5/2024 21:02

1. The current resistance is a significant one.2. When 3p is reached the rise will be less resisted.

[faraweigh2] 01/5/2024 18:00

You'll be typing a lot then, as there will be plenty of resistance points on the journey to the 20s.Have fun!

[haff1] 01/5/2024 17:39

Eitherway my point holds.

[andyalbi71] 01/5/2024 16:58

Can't see why it tracked down at the end , definitely MM games

[haff1] 01/5/2024 16:17

Not looking like bucking the resistance today ?

[andyalbi71] 01/5/2024 14:08

One more tick up and we are in the top list of performers again

[avsome1968] 01/5/2024 13:30

SKIP thought you just cashed 250k in { spare cash}?