Gcm Resources Share Discussion Threads

[1patric] 11/2/2018 21:14

I'm sure something is happening soon and the price should hit 61p

[baxtea1] 08/2/2018 08:01

Maybe the same person who was buying up all the stock at 40p, 30p & 24p

zzzzzz

[1patric] 08/2/2018 01:28

Looks like someone is buying up the shares at this prices since the placement at 34.30p!!! I'm certain the stock's going upwards soon if I'm not wrong!!!

[mrshaungcm] 02/2/2018 19:11

Coal is a major source for energy in numerous countries. India, China, Indonesia and Vietnam have undertaken 82 per cent of the world's new coal-fired power plants as per a report from Energy and Climate Intelligence Unit (ECIU), the UK. By 2041, Bangladesh needs to import 60 million tons of coal per year. It needs to utilise optimum level of her large coal reserve for its energy source reducing its dependence on imported coal. It must put emphasis on charting a strategic plan to accommodate the large coal reserves, rationalise the cost of LNG including other primary energy and power, fast track new exploration and right energy mix.

[baxtea1] 01/2/2018 16:44

Tue 22:21 Price: 24.60
ManuDave 7,338 posts
Charty Bolox
No doubt ridicule will follow this but........the chart does look like it's ready for a wee bounce.


Good to see the charting nightschool lessons are paying off Dave 😉🤭

[888icb] 01/2/2018 00:09

It is 6 months since the announcement with the Chinese about the Power Plant. we then had the fund raising in November. We are overdue for a further update which should come soon and should be a major event

[linton5] 30/1/2018 11:24

Feeling the underground tremors here or is it one of Baxtea,s biker gals lol.any saucy pics to put a smile on the dial bax ?

[bobic] 28/1/2018 20:04

gov. to give 2 to 3 times farmers land valuation at Matarbali powerstation.Must be good for public relation.

[bobic] 28/1/2018 20:04

gov. to give 2 to 3 times farmers land valuation at Matarbali powerstation.Must be good for public relation.

[scoots] 26/1/2018 13:14

All todays trades are buys.

[baxtea1] 25/1/2018 08:09

Lets be honest. We’ve been reading the same about this domestic coal plan in news articles by 2021 & 2030, megaplan this megaplan that for the past 3 years.

Yet still, here we are.

Boy who cried wolf springs to mind

[888icb] 24/1/2018 23:18

The above article is very clear that Bangladesh is going to back coal in a major way. This is obviously very good news for GCM. It’s time we had some more news.

[mrshaungcm] 24/1/2018 19:24

The Power Division aims to generate 19,000 megawatts of coal-powered energy by 2030. Also, the infrastructure for imported coal and domestic coal development is being prioritised.

It is clear that Bangladesh is betting on coal as it is the cheapest primary energy. Opting for more coal-fired power plants is threatening the programme of cutting greenhouse gas emissions. However, expansion of coal is based on the assessment of costs without factoring in health and environmental impacts. It looks like Bangladesh, a signatory of the Paris climate agreement, is sending a wrong signal to the rest of the world.

The power generation capacity of the country is now 13,621 MW. The incumbent government has been successful to significantly increase power generation. Still, it is too far from creating a balanced energy mix that could take care of the growing demand. The situation is rendered more complicated due to the excessive reliance on coal.

[linton5] 24/1/2018 13:43

Cheers mate thanks for your thoughts,speak again when we get higher hopefully

[baxtea1] 24/1/2018 08:00

Morning Linton.

It will go ahead eventually I’m sure, just not within timescales idiots on another board would lead you to believe.

Can’t see anything happening in way of SOD approval until after the next elections which is obviously the golden ticket.

Would like to think further news around the Chinese connection will come this year though, which would give you a temporary spike & probably enough to double your money from here.

Keep trading the ramper spikes though mate, surprising how quick you’ll make your 50k.

Good luck

[linton5] 23/1/2018 19:14

What’s your sincere hopes and thoughts here on Gcm Baxtea you have staying power with the likes of searcher,legionnaire,searchers son and a few more. As You know I bailed 2 years ago with a loss of a 100k but thankfully made it back with more luck than skill as this game is gambling.ive dipped back in as I want some payback I will stay this time to xmas2018. I would like 50k back lol good luck for all here anyway especially longtermers

[linton5] 23/1/2018 18:04

I’m ready to go again bax if drops under 24 👹