China Nonferrous Gold Share Discussion Threads

[hari] 09/8/2021 14:05

https://uk.investing.com/news/commodities-news/flash-crash-shows-why-its-tough-to-be-bullish-on-gold-right-now-2438526Commentary turning bearish in the short term

[hari] 09/8/2021 06:02

Unable to tell whether this is a short term concern yet gold is falling again after hitting double top highs I am seeing a sentiment change in the markets though USA is a big bubble , tapering likely to come off soon but then Inflation worries but said to be short term You have thought Gold would be safe haven

[hari] 30/7/2021 19:14

Joey,

I see hat you mean. Just announce it once handover , notice period has completed

[joey wilson] 30/7/2021 16:07

Hari, I dont expect any RNS about the purchase of shares. The latest RNS seems to follow the same format as one back in Sept 2020 detailing a board member change. Since then there has not been an RNS about any share purchases. We all need to sit tight and wait for an RNS detailing production figures have doubled to achieve Phase 2 completion and in full swing.....Hopefully in the near future.It does seem that the company releases news once it has been dealt with.JW

[hari] 29/7/2021 16:26

This new guy better have deep pockets and buy a decent chunk in shares to bring confidence.

[hari] 29/7/2021 16:24

Finance director resigns with immediate effect !

In most cases that sounds alarm bells to me

There is no positive spin that make me think otherwise in the short term

[mattjos] 28/7/2021 16:32

he's back again in the auction today with just 1 share Offered at the MKT price to try and cause an 8p UT.

EDIT: Now withdrawn it

[elpirata] 23/7/2021 10:34

nice narrow spread, missed the last opportunity, got this one!

[wanobi] 22/7/2021 20:35

many thanx Mj, good to know what L2 is showing us,,, cheers Wan :-)

[mattjos] 22/7/2021 16:36

but it does not work if it's a Market Maker atop the Bid in the auction as they just don't get involved in these stunts in Auctions for 2 shares so, failed to work for him today.
This continues to be held to suit the buyer's purposes, imo

[mattjos] 22/7/2021 16:33

Back again with his 2 Share 'MKT' Sell in the closing auction to keep the price pegged down at 8p

[fozzie] 22/7/2021 10:16

I have been selling all my dogs over the past month and picking up a few thousand here most days, average now down to 9.43 so much happier.

[mattjos] 22/7/2021 10:01

loads of stocks are showing same pattern of 'burst' trades for minimal amounts … no idea what it's all about so, just ignore it

[fozzie] 22/7/2021 09:59

What did you make of all those small trades yesterday Matt? Most peculiar price action here.

[mattjos] 22/7/2021 09:32

Other exchange is Aquis. no trades on there

[joey wilson] 22/7/2021 09:29

Sale of 20k and spread goes up? What is the name of the other exchange where trades are registered. There must be either are larger trade registered elsewhere or MM is trying to move price up as Matt says through 8.75p.News soon !!!!!JW

[fozzie] 21/7/2021 18:21

What’s with all the 1,1,2,7,11,20 share sales? Funny share this one. Almost my only red share today.

[mattjos] 21/7/2021 09:01

Daily spreads are now much much tighter as demand and supply are more evenly balanced, as opposed to last two years but, as/when demand exceeds supply, history tells us this moves incredibly quickly.

[hari] 21/7/2021 06:13

Yes MattjosI think movements of MM broker are interesting But I am coming to the thinking , I rather buy above 10p once we know about phase II Co disappoints with regards to progress news on this and I will be further annoyed if we do not get a positive update in this next time .But it is (too) quietly getting on with it .

[fozzie] 20/7/2021 13:48

Some good buys going through at 8.85p

[mattjos] 20/7/2021 13:21

House Broker back on top the Bid at 8.6p now … & Offering at 12.8p! It looks like we may be moving through the 8.75 level.

During the early June buying movement, we could not close higher than 8.75p despite closing exactly at that level for 9 sessions so, it fell away back to just above 7p before having another crack at that level from start of this month.
So far, it has managed to close over 8.75p for 6 sessions, under 8.75 for 2 sessions and exactly at 8.75p for 2 sessions so, the balance appears more over the 8.75p level than under now.

Max online offer is for just 65k

at 8.75p & current GBPUSD Exchange rates, the Mkt Cap is just £33.5m

[mattjos] 20/7/2021 13:07

intersting

[joey wilson] 20/7/2021 09:38

Hi,Is anyone able to post the link on here to check the trades on an alternative market. Often any purchases I have made have not appeared on the lse. From memory someone posted a link to check shares traded on another stock exchangeCheersJW

[joey wilson] 19/7/2021 13:44

Added today, including at 9.45p. I am convinced this is the quiet before the storm. 2yrs of frustration must be coming to and end soon.JW

[hari] 19/7/2021 10:18

Deja vu
Been here before with this trading behaviour. Falls back , but direction has not changed permanently yet .

If you are happy to invest and tie up money here now , keep adding .
I rather add now when I know phase II timelines to production . Plenty of time here to buy in