Gunsynd Share Discussion Threads

[escapetohome] 10/7/2017 08:44

PLMO also taking a stake in oyster.

Dont forget PLMO

[knicol46] 10/7/2017 08:43

cant buy low volume, tick up expected

[seagullsslimjim] 10/7/2017 08:28

well the good thing from the RGM sale of part of their HH stake. is that its a sellers market with good liquidity.

[seagullsslimjim] 10/7/2017 08:21

Good to see that the late buying on Friday is continuing this morning.

No sellers at these levels as it would be giving them away.

Chart looking good for a run up too.

[seagullsslimjim] 08/7/2017 11:08

with thanks to the other board....

"Sunshine Minerals,our 10% holding"

reading up on the overview of Sunshine I noted the following extract from the Optiva Investments research note on the GUN website

...GUN holds 10% of Sunshine Minerals and could increase to 20% with the convertible notes. based on the OPtiva investments research then we could put a tentative valuation I guess for our 10% of between £1.3m - £2.4m. that compares to the current MC of just £1.6m

THE OPTIVA EXTRACT READS.......

"Indicative value. We derive a 12-month target valuation range of between A$21.7m to A$38.6m for Sunshine’s assets, which assumes that Sunshine at least confirms and upgrades the historic resource at Jejevo to JORC, and is granted the Prospecting Licence.

We view this as purely indicative at this stage and is conditional on the company meeting several key development milestones.

Key catalysts. Jejevo Prospecting Licence grant (June 2017), Jejevo maiden JORC-resource (Q3
2017), Mining Lease application (H2 2017), AIM listing (H2 2017)."

END.

Add to that the 2% Horse Hill holding (value of say a very conservative £2-4m) and the other GUN investments and the investment case here seems to be compelling at the current £1.6 MC. good to get in early before the masses arrive.

[seagullsslimjim] 07/7/2017 16:01

looking good for a late run into the close.

big buys coming through.

[scotty666] 07/7/2017 15:28

HH is big for Gun v mkt cap but also they have 800k in Oyster oil



Due to list on AIM in the coming months and in my opinion would see a substantial rerate.

[knowing] 07/7/2017 14:31

0.047 to buy currently

[seagullsslimjim] 07/7/2017 14:30

Gun looking set to motor from here - Horse Hill 2% and other investments are worth twice the Market Cap and that is before the recent HH news.

Look at what that did to UKOG and maybe some of that money is being banked and moving into here?

[knowing] 07/7/2017 14:19

Buy low sell high

[seagullsslimjim] 07/7/2017 14:09

guess the Horse Hill 2% holding is drawing people to this and that is before you factor in Gun's other investments

cheap as chips at a MC of £1.5m and will soon be on the radar of others.

having seen what UKOG has done in the last 2 weeks, then anything is possible here.

[knowing] 07/7/2017 13:59

Only just started. GUNpowder has not been lit

[firw00d] 07/7/2017 13:43

Bout time folks eh !!!

[knowing] 07/7/2017 13:26

NY B bid is strengthening here so looks like it may have some legs. I expect when this starts it could easily hit 0.1

[oakville] 07/7/2017 13:26

Mind you there are a lot of shares to get through !

[oakville] 07/7/2017 13:25

Fair value .015p

[oakville] 07/7/2017 13:25

Seriously looks like the cheapest stock around !!

[ny boy] 07/7/2017 13:21

Probably my buy😉

Take a look at (PRIM) knowing, director buys lately

[knowing] 07/7/2017 13:14

Nice start

[knicol46] 07/7/2017 13:13

bid support gaining after months finally

[knowing] 07/7/2017 12:06

Could do with a large days volume like in HER to clear the overhang if it is still there.

[scotty666] 07/7/2017 12:03

Its not just the fact they are so undervalued compared to NAV but in reality those assets have a lot of upside - Oyster where they have the biggest investment could do really well when it comes to AIM in a few months - they picked up some of Afrens assets for nothing when it went bust and have a strong management team