Gcm Resources Share Discussion Threads

[888icb] 03/5/2019 10:23

Volume now 670000 and the share price has recovered.I think the buy/sell indication is a waste of time as a supposed run of so called sells have been at rising share price levels and have pushed the share price back into the blue. Looks like a decent volume day is likely.

[mickb1234] 03/5/2019 10:22

Al H are you invested here?

[mickb1234] 03/5/2019 10:22

Yes 888 that's my view. Kilkenny sold millions. RNS came for the reduction. No RNS for the buyer(s). Can see no reason for PIs to be buying in such large volume and in such a controlled manner. Big stock hits mms but delayed trades allow stock to be redistributed before it hits the market and price. My guess is the name of the buyer(s) will lay bare the future.

[behuge] 03/5/2019 10:12

Right 888 BEHUGE accumulating

[knicol46] 03/5/2019 10:10

Premium delayed buy coming in or news incoming. Will know soon.

[al h] 03/5/2019 10:07

Or there could just be little starry eyed RIs having a punt here ... nothing more. Ol Fatty given the green light yet ? The World still moving away from fossil fuel energy sources ?

[888icb] 03/5/2019 09:45

There could be all sorts of people who wish to accumulate if they have taken the view that this is going to get the green light. Chinese parties,Bangladesh parties, international mining companies and institutional investors are all possibility’s. They may well want to keep under the radar at this point so that the price doesn’t shoot up while they accumulate.
Volume of 370000 so far today. We have had the early small drop as we had yesterday but will have to see how the day goes as Buys v Sells is fairly equal at present.

[mickb1234] 03/5/2019 09:00

888 so who is buying the shares? Without any news it's unlikely that sort of volume is going in PI hands. If anything PIs are more likely to be selling to invest elsewhere. So if there is a big buyer what is giving them the confidence to buy in such huge amounts? And why has no holding RNS been issued?

[behuge] 03/5/2019 08:53

Everyone knows that this will seriously move only when green light is given. Just a question of time. Buy hold and relax

[888icb] 03/5/2019 08:50

We have related against the November low and are about 100% above that low. The disappointment is that we have been stuck in a narrow range around the current price for 3 months with a lot of shares changing hands. It appears we need serious news to move it up to another level and this could come at anytime.

[behuge] 03/5/2019 08:42

Former team dattels and co maybe back on tracks ??? (Or maybe never really leaved...)

[baxtea1] 03/5/2019 08:35

Are we still rerating? 🙄

[behuge] 03/5/2019 08:22

USA are back...


Foreign minister: US entrepreneurs keen to invest in energy sector
Tribune Desk
Published at 12:30 am April 14th, 2019
Web_Dr-AK-Abdul-Momen
File photo of Foreign Minister Dr AK Abdul Momen Collected




'Americans are very keen to invest in the energy (sector) and they told me that General Electric Company is coming here with a huge investment offer'


Foreign Minister Dr AK Abdul Momen on Friday said US entrepreneurs are very keen to invest in Bangladesh's energy sector which has huge potential.

"Americans are very keen to invest in the energy (sector) and they told me that General Electric Company is coming here with a huge investment offer," he said.

Dr Momen who recently visited the USA and had talks with many high officials, including US Secretary of State Mike Pompeo, came up with the remarks while talking to reporters after a meeting with Bhutanese Prime Minister Lotay Tshering at a city hotel, reports UNB.

The minister said he told the US officials that Bangladesh always encourages the diversity of investment and trade.

About his meeting with the US Secretary of State in Washington DC on April 8, Dr Momen said it was very fruitful where they talked about how to make Bangladesh's current pace of development sustainable.

He said he urged Mike Pompeo to encourage his country's businessmen to invest in Bangladesh's marine area to explore mineral resources, including gas, using their sophisticated technology.

As per variety of estimates, Dr Momen said, he told Mike Pompeo that there are 34 to 50 trillion cubic feet of gas in the Bangladesh sea area. "We don't have experts and technology to find it. Your companies should come here with investment and get the gas."

"I also told him that our economy is about to take off and it's time for you to join us. If you don't join us now, you'll lose the market. If your guys want to make money, they should come to Bangladesh right now. Or else, they'll lose the boat," Dr Momen said.

He also suggested Mike Pompeo that his country can increase cotton export to Bangladesh by offering duty -and quota -free access to RMG factories which buy their cotton. "Bangladesh is one of the leading cotton importers in the world since it has a huge apparel sector. You can sell cotton to us at an affordable price," the minister said, adding that Mike Pompeo liked the idea.

As they have fear about 'One Belt, One Road' initiative, Dr Momen said, he told them to come here under the Indo-Pacific Business Forum and develop Bangladesh's capacity and infrastructure. "You'll be winner and we'll also be winner."

Replying to a question, he said Bangladesh wants to maintain a balanced relation with the USA and China.

About the Rohingya issue, the minister said the US Secretary of State said his country is always with Bangladesh and will continue to support the country to find a permanent solution to the crisis.

[behuge] 03/5/2019 08:17

It’s gonna BEHUGE and MASSIVE

[behuge] 03/5/2019 08:13

Rerates coming

[behuge] 03/5/2019 07:53

I hope this goes to 11p to buy a wagon

[behuge] 03/5/2019 07:51

Of course Rerates can also be down..... let’s see the day Tang wake up from his nap

[behuge] 03/5/2019 07:48

Massive rerates in the cards

[behuge] 03/5/2019 07:31

Massive RNS coming