Gvm Metals Share Discussion Threads

[crimeprotection1] 15/2/2007 09:11

Andylaws, Well thats were your wrong, still hold 12.5k from 14.5p, sold 2.5k at the time, so stand corrected!

[seagreen] 15/2/2007 08:43

gardenboy I recall....then some muppet told me it was worth 45p and I did my one of my only 3 shorts in my life at 60p and it went ot 90p ouch .......that taught me a lesson never to short again.........although I was right just a tad early...8)

gardenboy you want to look at CDN its beig shaken about at the present as a lot of traders went in on T trades expecting news in january of them startign coke production in oz, but hte company have been telling wee fibs as it is delayed,,,,but once it starts it will motor.we are also sue a drilling resulto n their deposit...it came back from suspension at 40p its now trading under any thing around 35p/30p is grand you should double your money but watch its girations and do not leave it too late.

[crimeprotection1] 14/2/2007 12:48

1.5m, surely another stake building exercise!

[crimeprotection1] 14/2/2007 11:41

Interesting, the 20k trade at 29p looks to be a sell and we move up, a sure sign that the stock is in demand!

[gardenboy] 14/2/2007 10:47

GCM certainly keen on this - this could be a real cracker long term

[drewz] 13/2/2007 19:52

The Asian Enegy crew aka GCM bought another 1,000,000 at c.28p last week.

Stock in free float becomes even tighter.

[drewz] 13/2/2007 10:49

Oil industsy analysts/observers are all saying that after the brief repite seen in the price of oil over recent months, it is likely to find a range between $50 -$70 before moving higher in future years as new production fails to keep pace with spiralling Asian demand.

All this augurs well for coal and the economics of coal. I believe GVM could have a very profitable future indeed if it executes well in its coal acquisition and development plans.

Technical analysis of the share price is a bit iffy due to the illiquidity and tri-listed effects, but it seems to be establishing a new uptrend towards a 50p end of year target.

It is currently overbought somewhat and I will look to buy more stock on a pull back to c.25p:


free stock charts from www.advfn.com

[gardenboy] 12/2/2007 23:49

Clean coal in South Africa ?

[gardenboy] 10/2/2007 16:11

don't mention AYM ! - bought at 2p in 03 and sold at 4p following year after getting bored holding. It could start stirring again, maybe.

[gardenboy] 10/2/2007 15:47

seagreen,

I get the same feeling here too - I was in CFM with you from 18p > 60p with only a handful of other posters around.

andy,

good link, thanks

[seagreen] 09/2/2007 08:38

One or two of my analyst chums thinks this is a very exciting long term play and as they sugested CFM when it was 12p to me I aint going to argue it went to 90p before it retreated...looks as though this one is far more genuine and is building a nice asset base...that coal really does look a touch awsome...onwards and upwards as they say..

Nice silent thread too as the UK Private Investors simply do not seem to have picked up on it...which is nice, Could easily see this being a 10 bagger.

[chris001] 08/2/2007 16:19

good price seagreen

[seagreen] 08/2/2007 16:07

added anothe wedge at 33p.could not get them for 35p yesterday well played that broker man.........

[drewz] 08/2/2007 10:56

Very illiquid with very little free float and a savage spread, which should keep the short-term traders away.

Certainly one to tuck away for long-term growth in your ISA though whilst they assemble a substantial and profitable coal business. Don't buy it outside an ISA expecting to get BATR to reduce your tax bill, however, as BATR does not apply to dual-listed AIM shares like this.

Hopefully as they grow and more shares are issued to fund their acquisition spree liquidity will improve.