Gcm Resources Share Discussion Threads

[fission453] 12/3/2018 07:41

Because this has happenned so many times.....pump and dump or is it rinse and repeat...either way don't expect 50p+, never mind 300p!!!

[michaelsadvfn] 12/3/2018 07:40

You repeating it all doesn’t help anything. Try to ignore it.

Just saying like

[baxtea1] 12/3/2018 07:37

Today 07:35 Price: 35.00
ZakTA 1,095 posts
very much a bargain
still at the placing share price HUGE upside here 300p+ , this had a habit of moving very quickly. try to



I rest my case 😂😂

[baxtea1] 12/3/2018 07:26

Predictions

Lots of ramping
Lots of newbie experts claiming to have held for 10 years but not posted
Lots of BB cliches- treeshake, mm games, someone accumulating i the background, share price just taking a breather

As far as the share price closing price will be. Lets wait & see! Lost count how many times bb euphoria has been predicting crazy numbers only to be left disappointed

Good luck all 😃

[gersemi] 12/3/2018 06:59

China Gezhouba Group Company Limited, Board Meeting, Jan 17, 2018.

Agenda: To consider the proposal of establishing Bangladesh Branch of the Company; and to consider the proposal of cancelling registration of Botswana representative office of the Company.
-

[bobic] 11/3/2018 22:02

Al H if this stays above 30p eod monday would you accept that this is an exciting
news and this time SOD approval is on its way?
I too am nervous as to what happened with previous announcements.
But as Tang said as we cross each hurdeles share price will increase significantly.This time i am more confident.
Good luck start buying shares before u regret,and price is too high.

[sidjameslaugh] 11/3/2018 21:51

First time you have since this though. Big difference

Mr Chen Xiangdong, Vice President of China Gezhouba Group International Engineering Co. Ltd stated: "CGGC International is a leading implementer of China's 'Belt & Road' Initiative and seeks projects that are in line with this initiative and that promote social progress. We are pleased to have secured the Joint Development Framework Agreement for GCM's proposed 2,000MW power plant and look forward to assisting GCM in progressing both the mine and the power plant for the benefit of Bangladesh."

[al h] 11/3/2018 21:19

Sub 30p EOD Monday based on response to similar news from July last year and Nov 2016 ... ride the initial spike, then take the money and run before you end up holding the baby ... sporting a badly soiled nappy and a nasty rash.

[fission453] 11/3/2018 21:07

Too many traders for that to happen.

[spacedust] 11/3/2018 20:41

50p by 9am Monday

[philjeans] 11/3/2018 20:13

Might get to 50p next week.

Or more......

[denarii911] 11/3/2018 19:40

you didnt want to be out of this over the weekend.

[888icb] 11/3/2018 15:40

That list above reminds us that the top 7 shareholders account for 65% of the shares.
This leaves 30.87 million shares in other hands to be traded and 6.4 million were traded on Friday leading to a 54% increase in the share price
The market cap is only £31 million and that coal is worth considerably more than that as we all know!

[spacedust] 11/3/2018 14:43

Thanks Risk.

My prediction - up 300% on Monday then 100% on Tuesday.

[sidjameslaugh] 11/3/2018 12:27

Yep. And that’s the rub. Hardly any in free float. Green light and goodbye to three quid. Or it may meander along for another five years. Personally this latest news is a huge catalyst that has almost gone unnoticed.

[riskvsreward] 11/3/2018 11:38

polo resources is the biggest shareholder having about 20% of gcm.

Shares in issue: 88.2m10p Ords Major Shareholders
Name Type Amount % Holding
Polo Resources Ltd 17,493,712 19.84
Magnus Energy Group Ltd 9,427,280 10.69
Kilkenny Ltd 9,087,547 10.31
MEG Global Ventures Pte. Ltd 6,000,000 6.80
Oriental Eagle Group Ltd 5,865,569 6.65
Dyani Corporation Ltd 4,791,034 5.43
Revenue Anchor Sdn Bhd 4,636,363 5.2

[spacedust] 11/3/2018 11:14

Anyone have the share holder list?

[888icb] 10/3/2018 19:30

I suggest AlH takes the time to actually read and understand the RNS because the comments he has made make it clear he hasn’t done so. But to do so wouldn’t suit his rather pathetic deramping. The Chinese company is owned by a super Central State owned Chinese enterprise(that means its owned by the Chinese Government. They state they are a leading implementer of the ‘belt and road’ initiative which is a major project of China’s President. So be in no doubt that a major project such as Phulbari will be discussed at the highest levels on a Government to Government level. This is a very exciting development. I have held these shares when they were over £2 and I expect to do so again.
Tang has put a lot of time and money into GCM which looks to be finally paying off. It will be very good for Polo as well due to their very large holding of GCM shares.

[baxtea1] 10/3/2018 13:12

Would also be interested to hear III poster Phulbari’s view on this latest news if anyone is in contact.

[baxtea1] 10/3/2018 13:08

Progressing the mine is obviously gaining SOD approval for a start. Do you not think CGGC will have more clout & influence over this with GOB as opposed to just a mickey mouse outfit like GCM?

[spacedust] 10/3/2018 12:56

I'm already up and on monday could well double. No complaints from me

[philjeans] 10/3/2018 12:32

I've been in and out of the this share for years and that RNS is the most promising we've seen yet.

No doubt the short term traders will take quick profits but the longer term prospects here have never been better; and so I see a steady progression in the s/p.

Al H - get over yourself mr high and mighty - I've been playing this game for over 50 years and have had the same nickname here since I joined 18 years ago.

Al H Filtered for being an arrogant busy-body.

[al h] 10/3/2018 12:10

"The Joint Development Framework Agreement outlines the parties' roles and responsibilities in pursing approval of the Phulbari Coal and Power Project, "

It's nothing more than a basic agreement of what they will do should approval be granted to start mining. Stop trying to make out it's an agreement to start work, it isn't or that it indicates approval is close, it doesn't. The Chinese company enters into these agreements all the time, it costs them essentially nothing as it's just a paper exercise.

"If anyone thinks a large Chinese Infrastructure Company is going to spend time and money developing a power plant". You seem to be getting confused here. The Chinese won't be doing anything if there's no go ahead to mine. This agreement is merely a speculative proposal of potential work nothing more.

"Chinese partner will have serious influence at the highest levels of Government" ... really ? You base this on what exactly ? Bleedin rampers ...