Gcm Resources Share Discussion Threads

[baxtea1] 29/7/2016 16:40

Loads have been duped today mate. Someones gone a step too far in the deceiving game. Today's activity will definitely draw attention to a few individuals on the bb's.

[sportbilly1976] 29/7/2016 16:15

people cutting losses/taking profit ahead of the close

[miahkaysor] 29/7/2016 16:04

GET IN LND GUYS!!

[willoicc] 29/7/2016 15:47

See what you mean baxtea1.

[garbut] 29/7/2016 15:44

Agreed....baxtea1
I was just copying some of the link posted by willoicc in post 23233.

[baxtea1] 29/7/2016 15:37

That isnt the fake news created by the lse pump and dump squad mate.

The fake article has been deleted now as gpback, fq320mr and the others in the lse boiler room offloaded their day trades.

[garbut] 29/7/2016 14:36

Proposed PSMP for open pit mining at Phulbari, part of Barapukuria

June 28, 2016 12:40 am·0 CommentsViews: 336
Manjurul Ahsan



Proposed Power System Master Plan has suggested the government to extract coal from Phulbari deposit using the controversial open pit mining method to meet a small part of the demand for coal for power generation and other industrial uses.
In a report on the proposed master plan, Japan International Cooperation Agency also recommended to extract coal from northern section of Barapukuria deposit, near Phulbari in Dinajpur.
Besides, JICA, in its report, suggested extracting coal using underground method from southern section of Barapukuria deposit and from Dighipara in Dinajpur and Khalashpir in Rangpur.
State-run Barapukuria Coal Mining Company has been extracting coal using underground method since 2005-06.
JICA on June 18 submitted the report at a meeting of a government steering committee to finalise the PSMP-2016 for the development of the country’s power sector until 2041, said officials.
The proposed PSMP is expected to be approved this year, they said.
The government would be able to supply approximately 16 per cent of the total demand for coal to generate electricity as well as to meet the demands at other industries to be built across the country in the next 25 years, according to the report on PSMP.
The major portion of the demand for coal would be met through import, the report said.
Energy expert and a professor at geology department at Dhaka University, Badrul Imam, told New Age that open pit coal mining at Phulbari was not viable considering the difficulties related to environmental and hydrological issues.
Besides, he said, it would be more difficult to manage socio-political consequences if any government wanted to extract coal from Phulbari using open pit method.
In a bid to secure the supply of affordable primary fuel for power generation for the next 25 years, JICA emphasised on coal extraction from the local deposits.
In the report, JICA mostly discussed about the scenario which suggested supplying coal from local deposits by between 13 per cent and 22 per cent of the total demand. The main supply would come from import.
At the meeting, prime minister’s energy adviser Tawfiq-e-Elahi Chowdhury, however, advised detailing the scenario considering entire demand for coal would be met through import to avoid criticism from the groups who had been opposing open pit method for coal mining.
Left democratic organisations, environmentalists and a section of experts have been opposing open pit mining at Phulbari and elsewhere in Bangladesh on the grounds that the method was not technically and environmentally feasible for Bangladesh.
They said that open pit coal mining would destroy the underground water aquifer, biodiversity, and agriculture of the region.
On August 26, 2006, the then Bangladesh Rifles killed three youths opening fire on a populist rally at Phulbari against a move for open pit mining by London-based Asia Energy company.

[willoicc] 29/7/2016 14:24

link worked for me

[garbut] 29/7/2016 14:09

And no spelling mistakes too!! I am impressed!!
Ha!Ha!

[caledoniaman1] 29/7/2016 14:05

I am wounded garbut - took me ages to put that article together, lol :)))))

[caledoniaman1] 29/7/2016 14:04

see the 2 likes to my post fidley - says it all about how well respected you are on here - assuming you were not one of the ones who agreed you were naff :)

[garbut] 29/7/2016 14:02

That told you......You law breaker Caledoniaman!!
(Only joking!).

[apfindley] 29/7/2016 13:37

You're a bit touchy..!!!Nothing to do with the lse pumping crew are you? Or know anything about FAKE articles which anybody could've written?A bit of spreading of genuine news or cross board promoting is acceptable, but creating FAKE articles and thrm promoting them all over the place is nothing less than CRIMINAL..

[caledoniaman1] 29/7/2016 13:26

I bought none today and sold none today apf - and the day I start taking investment advice from you will be when I bump into you doing a paper round and scrimping round like a naff little popper that you are - so it aint happening !

[sportbilly1976] 29/7/2016 13:15

over 400k in Y trades around 17.5/18p being shown in 50k blocks...either a confident buyer or someone escaped pefectly

[apfindley] 29/7/2016 13:03

Why shouldn't it be in the red???Somebody has created a FAKE article to draw in mug punters.that person probsbly sold at the top.The directors failed to issue an rns, but instead waited and now have avoided an rns as the price has dropped again.As far as I can see, it should be red today now, as the people who created the (now deleted) FAKE website and article, probably bought in the past week just before they made the FAKE article available.It shouldn't stay blue just because you've bought some.

[baxtea1] 29/7/2016 13:00

New low for lse posters. Created a false news story to manipulate the share price

[caledoniaman1] 29/7/2016 12:51

Ok, now time for the w*nk stain mm's to drag this into the red- always true to form after another manipulated sting on AIM - what a corrupt market AIM is IMVHO !!!

[caledoniaman1] 29/7/2016 12:49

'Money for nothing' - was that a song by Dire Straights ? - very appropriate for GCM !!!!!

[sportbilly1976] 29/7/2016 12:42

Cal,

depends upon your definition of disastrous;

Mr Tang - paid £303,600 for services in 2015 and £215,633 in 2014

not forgetting he was awarded a further 1,750,000 options in 2015 too (taking him to 7,250,000)

sounds pretty ok to me :)




page 9

[caledoniaman1] 29/7/2016 12:04

In 2011 the share price was over £2.70 and now some are getting excited over 15p - what a disasterous performance by the BOD

[caledoniaman1] 29/7/2016 12:02

Who is at it manipulating this stock ? This RNS statement was released by the company only 3 months ago :-

GCM Resources PLC Statement re Share Price Movement

12/04/2016 2:30pm

UK Regulatory (RNS & others)



Gcm Resources (LSE:GCM)
Historical Stock Chart

6 Months : From Jan 2016 to Jul 2016
Click Here for more Gcm Resources Charts.
TIDMGCM

RNS Number : 9689U

GCM Resources PLC

12 April 2016

12(th) April 2016

GCM Resources plc

("GCM" or the "Company")

(AIM:GCM)

Share price movement

The Directors of GCM Resources plc (AIM:GCM), a resource exploration and development company, have noted the recent rise in the price of its shares. They are not aware of any disclosable price sensitive information in relation to the Company which has not already been made public.

The Company remains wholly focused on pursuing the necessary approval from the Government of Bangladesh for the Phulbari Coal Project to proceed with the next stage of development. The Directors are confident that an agreement can be reached which satisfies the objectives of both the Government and the Company.

[baxtea1] 29/7/2016 11:51

Gpback and fq320mr + others from lse need looking at closely regarding yet another fabricated rise