Bluejay Mining Share Discussion Threads

[monts12] 17/8/2018 19:23

Statto
IG do not offer the ability to short this stock, fact.

[toyin] 17/8/2018 19:21

Snowflake, from listening to Bearcast and reading the blog I would guess he has been in Greece for four weeks this year, but whatever, you carry on as you are.

[toyin] 17/8/2018 19:12

thebigchap

I owned shares in JAY but sold out. I had some good discussions on this board, just came back to give some information, to give people a different view. If you listen to it fine if not that’s your choice. If you think TW is a buffoon so be it crack on as you are, all I can say is his research has saved me money.

[thebigchap] 17/8/2018 19:05

exactly bd

whats your actual motives toyin? something tells me they are not selfless...

[bdog51] 17/8/2018 18:56

Since when has TW been worth listening to? The man is a buffoon and is clueless.

[toyin] 17/8/2018 18:53

thebigchap

It’s all about jay and share price angel. Can’t say too much as it’s paid subscription but if your a holder it’s definitely a must listen.

[statto1] 17/8/2018 18:32

Monts - given that until last Tuesday both IG and Spreadex were limit up as their clients were so long they would have given their left nut to any interested shorts and in size. IG ended that day allowing new opening buys for the first time in months, so they must’ve have massively reduced their overall exposure - ie margin sales and/or shorts (margin sales were a large part as I am only too personally aware). Spreadex was still closing only until at least yesterday (I haven’t checked today) so I’d imagine shorting with them is easy enough.

[thebigchap] 17/8/2018 18:28

why do you suggest this toyin?

[toyin] 17/8/2018 18:14

I suggest you all listen to Shareprophets Bearcast today. Read arrow away, it's up to you.

[perfect choice] 17/8/2018 17:06

Thought the "value the market" article posted earlier today was highlighting use of naked shorts on aim monts as it quoted this. My error if wrong as not an expert on this.

[monts12] 17/8/2018 16:46

Perf
not possible to do that on an AIM stock afaik

[alibx11] 17/8/2018 16:46

Personnaly, and this is only my amateur opinion is that given there has been very little volume of the past number of weeks the MM's have injected a few well timed sales into the mix to drive the price lower and trip some stop losses and fill buys for Insts.... as per the RNS this morning, suspected this a few days ago and the timed trades at 11am these past 2 days don't point to a casual large seller.

Besides i don't think a large seller would be too amused at the MM's for dumping a load of shares on the market and depressing the price for their asset until it's sold.

But what do I know....

[perfect choice] 17/8/2018 16:45

Monts have a read up on naked shorting. Don't need shares to open short basically.

[monts12] 17/8/2018 16:19

Seems to me like a large seller has been active for most of this week. Does not appear to be done. Price should move back up once seller is done. The over-leveraged punters and spivs spouting rubbish have not helped. Not sure of the short attack theory, it's hard to borrow any meaningful volume of this stock and in any case there would be potentially unlimited losses for shorters should positive news be released by the company (and that could be at any time, according to the house broker).
imo

[rampair] 17/8/2018 15:15

Ok, we have a problem. The Chinese market has been fed by cheap Ilmenite. This was low quality Ilmenite that needed a lot of sulphuric acid to separate from the iron content. This came over from cheaper iron ore bought on the spot market.

So, they close furnaces in China, it's starting hard now because Winter is coming
(Very GOTH!) but seriously it’s causing a rising price in TiO2 because the Ilmenite
FeTiO3 is not being pushed through Chinese furnaces, we in the West allowed them to process a lot while our furnaces got lightly maintained.

This caused the top to blow off in Finland , Richards bay in South Africa got pushed
with loads of problems they then declare Force Majeure.

Our problem is Sorel - Tracy, it’s a big plant , the Mine has run well for 65 years but in spring a disaster, a Furnace out, worker killed, Cn$43,Mn repair, it’s situated near Quebec, that mine that supplies the Ilmenite is at our end of the St Lawrence seaway - we at Moriusaq have perfect ore for this plant, excellent quality.
The problem, right this minute is that they have two furnaces being upgraded to high quality, We have the Ilmenite for it, they just declared Force Majeure a couple of months back. I hope that our Ilmenite is licenced and the problem at Rio is sorted as quickly as it was in April, who knows who our offtake could be? North America has big buyers too, as does China, it’s a temporary situation but we must not lose sight of our licences. Plus Years of work. Ongoing.

Dundas.- doh!

Disko.Ni/Cu/C/PGM

Kangerluarsuq Pb/Zn

[ducati2345] 17/8/2018 15:13

Had to buy some at this price even if they drop bit more they will go up, worth min 20 all day long and probably 40 in longer term

[ayesha4] 17/8/2018 14:55

Align Research?Two bit 'outfit' based above a laundromat in Bradford.

[xclusive2] 17/8/2018 14:55

Good to see some interest into the close and hopefully not a rinse and repeat cycle but that will become evident with a few more days trading. It would be nice for a large buyer to force some short panicking, you can but hope.

[xclusive2] 17/8/2018 14:35

If this doesn't bounce into the close then i can some more misery next week unless the company counter with some commentary that reverses the trend OR an Inst loads up OR Directors buy. I was hoping for a rapid recovery, let's see if we get any short closing before the bell rings.

[bgnhlr] 17/8/2018 14:21

Can we not report these underhand tactics?

[bgnhlr] 17/8/2018 14:20

Thanks davroc

[davroc] 17/8/2018 14:00

BgnhirHe is responsible for Shareprophets website. Take a look.