Emed Mining Share Discussion Threads

[rougepierre] 14/10/2015 15:06

gotcha! were you sleeping....?

wasn't averaging...bought back in having sold at circa 4.1....

Best of luck!

[cufes2] 14/10/2015 14:52

It's great to have you back averaging down like the other fantasist too redglen . . .

[tinware] 14/10/2015 11:38

LLB - yep, if Shore Capital stop mucking about as usual..

They're currently bidding 4.25 for 250,000 & 4.1 for 750,000

[saint_b] 14/10/2015 11:28

Today from Bloomberg


Copper%20Mine%20Spending%20Seen%20Sinking%20Below%20Financial-Crisis%20Levels%20-%20Bloomberg%20Business.html

[laurence llewelyn binliner] 14/10/2015 10:55

Selling on BARC @4.25p, tick up coming...!

[trafid] 14/10/2015 10:18

happy to be back later on next year with a small holding if I manage to get my price? if not Good luck everyone. Happy I sold out when I had the chance profit of 4,700 not to be sniffed at. hope u all make a profit here long term. ive now invested into LLoyds hoping to payout a nice dividend next year.Good luck all

[manfrom] 14/10/2015 09:56

Why suppress the Bid then?

[shortarm] 14/10/2015 09:46

Can sell at 4.23

[frogkid] 14/10/2015 09:43

careful chaps, LP is likely to get jolly baity.

[sirmoori] 14/10/2015 09:25

Headline: DJ Trafigura Signs Mining Deal with Abu Dhabi Wealth Fund
Date/Time: Wed 14th Oct 2015 10:21:10

By Sarah Kent

LONDON--Commodities trading giant Trafigura Beheer B.V. has formed a joint venture with Abu Dhabi's sovereign wealth fund to invest in mines producing copper, zinc and other base metals amid a broad commodities price slump.
As part of the deal, Abu Dhabi's Mubadala Development Company has acquired a 50% stake in Trafigura's Spanish mining business. The companies did not disclose financial details of the deal, which was first announced back in June.
Commodities traders like Trafigura have historically acted as middle men, specializing in moving industrial goods around the world, but they are increasingly investing in mines and logistical assets to support their trading operation.
However, the logic of traders owning production assets has been called into question in recent months amid a rout in the share price of mining and trading giant Glencore PLC, as slumping commodities prices buffeted its mining business.

[cufes2] 14/10/2015 06:29

So to sum up your post lucky punter . . . you messed up and had to allegedly throw tens of thousands of pounds at EMED to average down . . . whilst some of us have made money on a number of other shares posted on here . . . and we're all idiots . . . based on the fact that multiple posters have used the handle lucky punter and the recent nonsense you posted about shipping and sales of concentrate I just don't believe a word you say . . .

[frogkid] 14/10/2015 05:56

It's not the desperate that have sold LP, folks just get fed up and move on to other opportunities. And an idiot is someone that blindly follows his plan without the ability or inclination to change tack if things change or don't work out. That's not you is it ?

[lucky punter] 14/10/2015 04:59

Of course in a normal market that appreciates on pending news the share price would have increased into the current events. I have said many times that I have been constantly surprised that I could buy at 3.5p and that I have taken 3 x times my original expectation on the low prices whilst the desperate sold. I am very glad it has played out this way and the risks I saw at 12p are just not here at 4p so I am in no rush to sell. I did not think I would get this opportunity and I have taken it as it was presented.
So yes it did not play out how I thought it would; it has turned out so much better with the poor market conditions and the poor commodity prices. The company changing events are now in motion and the value will come although it is hard won. I do not really care how I get the return but if I am just looking to make £100k now the share price has to rise to just 6.75p not the 12p+ I originally envisaged. However I expect to make multiples of that.

The fact that this play did not turn out as I thought does not make me an idiot. If I were an idiot then I would have just sat and waited; whinging and moaning on this board as many did. I choose to do something about it and to take more. I now think I am rather well placed at an average below 4p and a very large holding.

[wanderer1210_0] 13/10/2015 22:34

He's a barrister, fund manager and a business owner with over 100 staff, you couldn't make it up or obviously you can if you're LP

[wanderer1210_0] 13/10/2015 22:28

I'd bet LP is a no mark sitting in rented accommodation. His stories are quite Walter Mitty

[cufes2] 13/10/2015 20:42

The Impossible Dream . . .

[acamas] 13/10/2015 20:37

Or as Frank Sinatra sang "He had High Hopes" or "The Best is yet to Come"?

[cufes2] 13/10/2015 20:27

Says the idiot who thought he could make an alleged £100k profit by the summer from a non producing miner requiring a huge placing in a commodity downturn . . . arf . . .

[lucky punter] 13/10/2015 20:24

I have to laugh that you idiots bother posting about me. What a bunch of idiots you are; your buttons are so easy to press.
My target is still 12p in the mid term although obviously now that is £3.60

[cufes2] 13/10/2015 20:14

Whoops . . . if ever there was a short term trade that turned into a long term hold this is it . . . that is, if you believe anything he posts . . .

lucky punter 24 Feb'15 - 11:03 - 44664 of 53811 0 1

jon I am looking for a bit more than that. I need to replace my boat this summer. I am in for £50k and want £100k profit so 12.3p is my all out target.

[stockknobjockeyvanbookstino] 13/10/2015 18:43

I am the stealth buyer!

Pleased to have picked up a few million in 500k tranches at 3.63p, especially when the mug Lucky Punter was bragging about the millions he/shemale bought in the offer at 4.75p!

[wanderer1210_0] 13/10/2015 18:25

I am Spartacus!