Gcm Resources Share Discussion Threads

[fission453] 14/11/2016 11:26

Oh I hope you closed your short!

[fission453] 14/11/2016 11:25

Pheonix Equity....nursing a big loss on your 250K?

[chesty1] 14/11/2016 11:24

Nice spike.

[fission453] 14/11/2016 11:23

So all the talk of £1.00, £2.00 and £4.00 has now abated!

It will now drop as the pumpers leave the show! At a Loss!!!!!

[the stigologist] 14/11/2016 11:19

Looks like an orderly re-test of the 40p ish breakout level ?

Let's see where we finish tonight

[baxtea1] 14/11/2016 11:17

Top sliced a few, couldn't get a quote to sell more than 5k at a time though.

Regardless of what looks like a same ol drift back down, at least we know things look like they are progressing in the right direction

Gl

[bpc10] 14/11/2016 11:07

Back to 15p

[marmar80] 14/11/2016 10:49

If GCM Resources settles around 40-50s based only on MoU news then MoU agreement with Jinchuan should bring more interest to Amur too.

[sapper2476] 14/11/2016 10:44

I'll have some more. 42.1.

[mister md] 14/11/2016 10:42

oddly quiet today ?


"trickster111 Nov '16 - 16:23 - 23807 of 24015 0 0
gonna boooooooooooom on monday "

[bsg] 14/11/2016 10:41

It seems to be more than a drift now, more of a plummet.

[marmar80] 14/11/2016 10:25

Ap, fingers crossed. Thanks for a positive view. GL here.

[bsg] 14/11/2016 10:24

The drift down has started already, how far will it go before the next RNS, that's the $64,000 question.

[jeanpenty] 14/11/2016 10:17

Evil Knievil



GCM (LON:GCM) has announced a Memorandum of Understanding with some Chinese concern to accelerate its Bangladeshi coal opportunity. This is fine and the shares are up from 13p to 50p+. However a Memorandum is not quite the same as Production. Further, on 29th May 2016 GCM borrowed £3m convertible at 11p per share. Given that there are currently only 62m GCM in issue, loan conversion could be pretty dilutive. Anyway, I paid 6.75p for Polo (POL). POL has yet to move but it jolly well ought.

[the stigologist] 14/11/2016 10:07

The mine next door to Phulbari i.e. Barapukruia is mined by a Chinese EPC

Given the sharing of State knowledge amongst Chinese entities they must be fairly confident that Chinese Govt pressure will be brought to bear on Bangladesh Govt re Phulbari

I'd certainly see this as being more than just your normal run of the mill AIM cesspit 'MoU' which ends up being quietly buried

[apfindley] 14/11/2016 10:02

It's not finished marmar.It continues to be funded for a reason.

[double double] 14/11/2016 10:01

I really hope some people took profit last Friday and this morning. This could ALL BE GCM dancing around Hasina trying to get her attention. A profit is a profit. I feel very lucky to have make so much profit with this last week. I obviously had no clue this announcement was to come but feel very lucky indeed.

Also what comes first, the mine or the minemouth plant?

[marmar80] 14/11/2016 09:58

Hope so, ap. Also waiting for some good news from bdo.

[apfindley] 14/11/2016 09:55

OXS still ongoing.There are some shocking revelations to come out in the appeal.

[the stigologist] 14/11/2016 09:53

spot on (although it's just a nuanced version of my option valuation analysis 0p or 900p :-p )

denarii911 14 Nov '16 - 09:12 - 23998 of 24004 4 0

If the MoU ends in nothing share price goes to 15p...

If the MoU opens the door to a discussion with GoB, share price over £1

If the MoU is part of an agreed strategy to sell GCM to a Chinese firm who then gets approval, share price over £2.

Assigning a 13rd prob to each and you get an share price of about £1

[janestone] 14/11/2016 09:51

APF

Are you that nutty Nigel guy who set himself up as an angel of the stock market to support small investors?

[marmar80] 14/11/2016 09:40

Ap, well done mate. Hope you cleared the hole after oxs.

[apfindley] 14/11/2016 09:38

Where is trickster1 today???SOLD up with profits and moved on, knowing his ridiculous targets were not going to be met.Fraudsters a plenty on here.

[apfindley] 14/11/2016 09:35

Lol tricksterYou dirty little trickster.Did you sell out early today when it didn't explode to your unrealistic target?The market knows that last week's news is not significant enough to warrant any rise. The only news the market should react to is the go-ahead from bangla, from HASINA herself.Until that day, anything else you post is just ramping nonsense to lure in unknowing punters..