Gcm Resources Share Discussion Threads

[letmepass] 14/11/2016 14:16

Bid slowly increasing.. Mmmm

[orchestralis] 14/11/2016 13:57

The current share price is inconsequential, the news is the important factor and future news will build on this and hopefully propelled the share price higher.

[nocky44] 14/11/2016 13:39

not sure why you posted that on here oilman, but must admit, im in COPL already and expect great things but keep it to there forum mate, ramping wont effect any share long term, its more likely to do harm

[hatey] 14/11/2016 13:29

oilman8 is most likely effiert/twitterman spamming latest pump and dump

[oilman8] 14/11/2016 13:25

been a good run here, but COPL much better bet now, likely to double when spud is announced, free carry on 2+ wells financed by no other than Exxon to the tune of $120million---they have already thrown $130million at what could be the biggest resource discovery on AIM this year

10:39 11 Nov 2016
Shore Capital estimates the risked net asset value for COPL to be 21p – more than double the current share price.
COPL could be worth double, says Shore Capital
The company confirmed today a potentially game-changing well off the coast of Liberia will start drilling by the end of the year.
A City broker has repeated its bullish valuation of Canadian Overseas Petroleum (LON:COPL, CVE:COPL) in the wake of an update from the explorer.

Shore Capital estimates the risked net asset value for COPL to be 21p – more than double the current share price.

It was reassured by the company’s update earlier Friday in which it confirmed a potentially game-changing well off the coast of Liberia will start drilling by the end of the year.

Mesurado-1 is being sunk by the giant Exxon, which is majority owner of Block LB-13, with Canadian Overseas holding a fully-carried 17%.

“[It] is a high-impact well and, given the strong subsurface understanding and presence of a lucrative multi-well carry, we believe that the risks lie firmly on the upside for COPL,” Shore said in a note to clients.

The company’s quarterly update showed the company was sitting on $3.7mln of cash.

COPL is not just about Liberia. It teamed up with a local company called Shoreline to acquire control of licence in the Niger Delta that provides it access to near-term production.

[andyr42] 14/11/2016 13:16

These pumpers and dumpers are shameful scum bags and no dignity. They are losers over time, that much is guaranteed.

[apfindley] 14/11/2016 13:12

Oh look, last week's criminal pumpers have now sold and moved on to their next pump.Their silly inflated price targets were never met here and they leady sold out.Will you people ever learn to stop following these criminals.

[andyr42] 14/11/2016 13:12

The fact that POLO didn't move that much tells a story. POLO is a good indicator of GCM movement with any substance. POLO is a sensible back door and less volatile share into GCM. DYOR.

[baxtea1] 14/11/2016 12:58

And for the record, those who are 'clueless'

Are the ones who came piling in here off the back of the hype & are now holding at a loss.

Although a positive development this could easily drift back down to the teens again, hence why i offered no predictions on todays or the short term share price level.

Same ol gcm, which you would know if you'd looked at the false dawn history

[hatey] 14/11/2016 12:55

letmepass/reks

One of the worst lying pump and dumpers still operating on this site.

Mad not to have it filtered.

[baxtea1] 14/11/2016 12:53

Yes, i will buy the ones i sold back again. Probably not today though

Core holding & a trading tranche, as recommended on Friday fella

[andyr42] 14/11/2016 12:46

you little liar letmepass. Unless there is more news in the short term i can see this drifting into 20s. Long term still posi.

[letmepass] 14/11/2016 12:40

Come on someone sell some

[letmepass] 14/11/2016 12:32

Nope sold at 60p and now adding again.. Hahaha you haven't a clue.. Always buying and selling at the wrong time

[fission453] 14/11/2016 12:30

Now then letmepass.....how much are you losing!!!!

Guess your mates the rampers are ALL nursing losses!

[fission453] 14/11/2016 12:29

The afternoon will bring further downward pressure!

[888icb] 14/11/2016 12:06

The volume at noon is 3.06 million which is 1 million less than the whole of Friday.
We are currently down 7.5p on Fridays close following the 35p rise on Friday. Lets see what this afternoon brings.

[letmepass] 14/11/2016 12:00

And the ones saying they have sold for the moment will be buying in.. What a game

[fission453] 14/11/2016 11:54

yes I know baxtea1

[baxtea1] 14/11/2016 11:53

At the same time, the longtermers who were telling everyone to buy here comes £1 will be informing that they actually sold at 60p

[baxtea1] 14/11/2016 11:52

The £1 eod pumpers will now be moving to plan B which entails informing everyone of their endless topping up

[888icb] 14/11/2016 11:40

Some more large buys from early trading now being reported so we now see 3 buys at£25000 and one at £27500.