Legendary Inv. Share Discussion Threads

[chinese investor] 25/4/2016 08:13

For the record I quietly and methodically accumulated all last week.

[ride the wave 1] 25/4/2016 08:13

Monkeys are desperate

2 monkeys on 0.32p ask

[michaelsadvfn] 25/4/2016 08:13

Told ya...

Professor Pettigrew 25 Apr'16 - 08:05 - 1103 of 1103 0 0

Morning all.

Excellent analysis as usual RTP1

[chinese investor] 25/4/2016 08:07

Looking Good !

[professor pettigrew] 25/4/2016 08:05

Morning all.

Excellent analysis as usual RTW1. Keep us informed of L2 also, very handy.

GL all.

[dongle features] 25/4/2016 07:26

On Friday we created a bullish engulfing white candlestick that's showing us the way forwards (the Bulls have started buying again and they have outnumbered the Bears) .

Momentum is rising and the rsi still has a way to go .

The macd should turn positive from tomorrow as we continue with the next wave up .

We should smash through 0.3p with conviction (big volume) as we head towards a new year high above 0.37p .

The weekly candle will become another white candle and the monthly candlestick chart is what dreams are made from (one of the best chart I've ever seen) .

Month on month the bullish white candles keep on getting bigger as the price reaches newer higher highs and higher lows (rock solid uptrend) .

We are still in the golden cross where the 100 dma is above the 200 dma .(a very bullish chart signal , the strongest you can get) .

We should get updated from VS this week rhst will blow the charts out of the window .

Hold onto your shares for dear life and enjoy the ride because it's going to be very enjoyable) .

GLA

[chinese investor] 25/4/2016 07:17

Good Morning Professor Candlestick Green !

[ride the wave 1] 24/4/2016 19:56

On Friday we created a bullish engulfing white candlestick that's showing us the way forwards (the Bulls have started buying again and they have outnumbered the Bears) .

Momentum is rising and the rsi still has a way to go . The macd should turn positive from tomorrow as we continue with the next wave up .

We should smash through 0.3p with conviction (big volume) as we head towards a new year high above 0.37p .

The weekly candle will become another white candle and the monthly candlestick chart is what dreams are made from (one of the best chart I've ever seen ) . Month on month the bullish white candles keep on getting bigger as the price reaches newer higher highs and higher lows (rock solid uptrend) .

We are still in the golden cross where the 100 dma is above the 200 dma .(a very bullish chart signal , the strongest you can get) .

We should get updated from VS this week rhst will blow the charts out of the window . Hold onto your shares for dear life and enjoy the ride because it's going to be very enjoyable) .

GLA

[adrian noble] 24/4/2016 12:17

I agree with Zafar Karim :-

"We are pleased that the preliminary exploration results we have received so far have already delineated some very focussed areas for follow-up work.
They support our decision and efforts to exchange the coal asset for the gold asset and subsequently support the exploration of the gold asset.
Following these results, the Company intends to conduct further work, potentially in collaboration with partners, with a view to outlining a mineral resource."

[paleje] 24/4/2016 12:07

The gold RNS was a positive and the ball park valuation of LEG net share ~£500k conservative I think, but without knowing capex and opex estimates let alone future pog (which GS for one are NOT forecasting to remain at or above current levels) it's just guesswork.

So why the interview with Zak, is a fund raise getting near? If so hopefully, with the prospects, not heavily discounted.

[chinese investor] 24/4/2016 09:59

Good Morning Prof !
Sent via Amstrad GX4000 !

Professor Peeking (LEG) 24 Apr'16 - 01:18
They would like to think we look in there.

[michaelsadvfn] 24/4/2016 05:14

Just saying like...

dilip40 23 Apr'16 - 14:55 - 1097 of 1101 8 0

professor

thank you

but mining companies cant be valued at retail price of gold

this company has not even a jorc resource

[chinese investor] 23/4/2016 20:40

Prof - What happened to the Bentley and James?
Bad Investments?

Professor Pettigrew (LEG) 23 Apr'16 - 16:29
Quite happy with a Jag thanks.

Professor Sheikh Rattle & Roll (LLOY) 23 Sep'11 - 09:27
I have to fly off to Dubai to take delivery of MV Desperaro.
Catch you later, although I will be taking the blackberry on the plane, so I may be able to post here later once we get above the black clouds.

Professor Sheikh Rattle & Roll (LLOY) 23 Sep'11 - 10:05
Have a nice day.
James has just pulled up in the drive with the Bentley.
Can only go to Heathrow in style you know.

Professor Sheikh Rattle & Roll (LLOY) 23 Sep'11 - 12:05
............Ah! The wonders of modern technology.
Here we are high in the sky on a private chartered jet, heading for Dubai and thanks to wi-fi I notice our shorting attack is paying dividends.
Sent via Blackberry.

Professor Sheikh Rattle & Roll (LLOY) 23 Sep'11 - 13:03
..........panic selling now setting in on the markets.
My team are doing an excellent job.
Keep going lads, will be landing in around 5 hrs.
Sent via Blackberry.

Professor Sheikh Rattle & Roll (LLOY) 23 Sep'11 - 16:43
...........I'm in Dubai.
Sent via Blackberry.

[ride the wave 1] 23/4/2016 20:16

Very undervalued at the moment .

VS stake worth £4.1m without 2 new contracts / with a huge contract coming with the NHS .

Bosques on books £83,000 , valued at £2.1m in 2013 and must be worth £5m+ now .

Manas 10% stake on books at £100,000 and worth ??


THE BULLS ARE IN TOWN - WATCH WHAT HAPPENS NEXT WEEK !!

THE ShARE PRICE WILL DO ALL OF THE TALKING !

[professor pettigrew] 23/4/2016 16:29

Quite happy with a Jag thanks.

[philmiboots] 23/4/2016 15:35

FWIW - looks like average costs of extracting gold are circa $800 to $1000 per ounce......

Current gold price circa $1235 per oz. So, on the pessimistic side, say av "profit" around $250 per oz.

Then at $250 per oz x 60,000 = $15,000,000, 10% = $1.5 mill = £1.04 mill. Which is equivalent to approx 0.041p per share.

QED (!!)

Think you better postpone the Ferrari order for the time being Prof! ;o)

[dilip40] 23/4/2016 14:55

professor

thank you

but mining companies cant be valued at retail price of gold

this company has not even a jorc resource

most early stage mining companies like this one would if they had 60000 ozs (not proven as yet)

value would be about £20 per oz as he said in interview nowhere near $75m

(£50m) more like £5m

as he said 500k would be more like it for legs 10%

seems priced at nav at present

sp fairly priced until vs uprates in my opinion

[professor pettigrew] 23/4/2016 13:48

dilip40 - don't forget these are only estimates. Of course, it could be a lot less or a lot more.

I think 60,000 ozs was mentioned because that is what they are pretty sure lies there. That's £7.5m if confirmed, but there are other sites also to prove up and explore.

Without risking a pun, we could be sitting on a gold mine.

[professor pettigrew] 23/4/2016 13:41

dilip40 - 60,000 ozs multiplied by the current gold price $1250 = $75m

10% of that is $7.5m. We are only valued at £6.65m for the whole company.

Yes, it has yet to be proved. It could be there is more than 60,000 ozs there.

This is just one of the reasons I have dramatically upped my call on LEG to 5p now and not 1p.

Even then, the whole company would only be valued at £125m.

We have VS and Bosques don't forget, plus our other smaller investments.

Is this the most undervalued stock on the market?

[dilip40] 23/4/2016 12:47

hi iam sorry

i fail to understand where the $750m valuation comes from

if he says 27tons of gold about 60000 ozs and that is still to prove .

oz in the ground at £20 would make cap £1.2m 10% of that 120k to leg
am i missing something?

[astute person] 23/4/2016 09:08

Professor - BAN glennborthwick IMMEDIATELY.
We don't want people like that on our scum free thread.

Probably European.

[astute person] 23/4/2016 08:20

Good morning.
What is level 2 looking like RTW?