Metalnrg Share Discussion Threads

[block4gooner] 18/11/2021 07:38

Understatement!

[excellance] 17/11/2021 16:32

A few trades today.

Lew?

[excellance] 17/11/2021 15:38

Oh, and don't get me wrong, I've only got moderate holding here, averaging about 0.42 so if the wheels fall off it's not a massive loss and I can still double up my holding, or if breathtakingly spectacular news comes, ie EUA taking an interest in Gold Ridge, then again I can still add more...

This one is more of a speculative punt based on low mkt cap, good assets, great connections, and the bank balance isn't too bad either.

[excellance] 17/11/2021 15:33

HZM looks good. I have a lot of those, but frustrated by the length of time it's taking to get finance, offtake, equity funding.

Having said that I think the green light will come on any day now, could be the same day as EUA.

[lew stules] 17/11/2021 15:12

Yes, would rather wait until the price rises a bit rather than buy more now.
Your view is that .38 is the bottom and that is fair enough.
I would rather have confirmation of an upward trend and ride the escalator even if that misses a bit of potential gain.
That is just my strategy that seems to have worked over a period of time.
Well done with EUA by the way, like you I have made significant profits there but possibly not in your league.
Also have EML, HZM, ARCM, DEC, FRES,CEY

[excellance] 17/11/2021 14:48

You're gonna wait til it rises before adding more?

Interesting strategy.

I've been adding into the void created by no activity, assuming support at about .38 but happy to pay under .44 which is ironically my EUA average.

8)

[lew stules] 17/11/2021 14:44

I believe that this is one of those share opportunities that people will look back on and say why did I not buy when this was 0.4p?
It's been so quiet with hardly any interest for months now - one snippet of good news and we will be off.
The only slight concern for me is how a company of this size can keep their focus on the development of differing types of commodity operators.
Will keep watching and add more when I see a further rise as it does look to have bottomed now.
All IMHO of course.

[excellance] 17/11/2021 11:50

Just added 0.4137p

Very tight spread.

The chart suggests support at around the current SP,

25% cheaper than what directors including CEO paid a few months ago at 0.54p in June.

News on several fronts imminent.

Gold Ridge Arizona update and decision on plan

BritNRG spin off listing scheduled for early 2022

Revenues expected in spring from Italy biofuel project.

[excellance] 16/11/2021 16:19

Yeah buys being reported as sells.

0.415p trades are all buys.

[dubjon] 16/11/2021 14:42

3m buy? I say that because it is now slightly more expensive to buy now than earlier, though the price appears to have fallen.

[dubjon] 16/11/2021 13:12

The signal is good, but there is plenty of excitement in the market right now, and few investors will have noticed this share IMHO. Gives a nice, cheap buying opp.
It might take a few days. I'll snaffle a few more later.

[dr darkstar] 13/11/2021 15:07

We now have a very clear MACD crossover. One of the most consistently successful buy signals.........

[excellance] 12/11/2021 14:05

A few trades, not really seen momentum build but it is turning.

Come on Rolf, where's Rocco?

[excellance] 11/11/2021 16:18

44 paid, that's up 12% today.

[excellance] 11/11/2021 15:44

Good point, I've anguished over this exact question.

The best justification I can come up with is risk diversification.

[the dark horse] 11/11/2021 15:25

Thanks Ex, both on my small miners list but forgotten. I will re-visit and maybe buy a few so i don’t ignore but try not to spread too thin and just focus on a limited number. Even putting a few quid in MNRG this AM made me question why when Eua is still cheap!

[user2007] 11/11/2021 13:08

Ex re reivesting. I have similar idea. More than a year ago I created a spreadsheet simulating various reinvesting scenarios. The only thing missing is a successful EUA conclusion :)Sorry for OT.

[user2007] 11/11/2021 12:55

I see the usual suspects from the other board ... I bought a few very recently just below 0.4p.Yes CS link is the main reason for me but BritNRG revenue stream given the recent oil prices can't be overlooked. However I feel some major development is about to happen. Hopefully positive for shareholders. Rolf topped up a few months ago at 0.5p ...

[excellance] 11/11/2021 11:28

TDH,

If you like charts you'll love those of RMM and HZM.

Re MNRG, I'm hoping the chart has bottomed but that remains to be seen. I did dabble in this s year or so ago but sold out at more than double today's share price

The only asset I'm interested in as gold ridge, because they hope to prove continuation of mineralisation between the three mines and beyond. I'm hoping Rolf has come up with a plan to get an extensive drilling program funded and planned.

I also like the CS links here.

[dubjon] 11/11/2021 11:21

Yes, a good % needs to go into something secure for the long term.
Considering my options on that front also.

I'll be forever grateful to EUA for enabling these options.

[excellance] 11/11/2021 11:13

Indeed it will.

I will be investing a large portion in dividend yielding equities, probably 50%.

[dubjon] 11/11/2021 10:49

Joined you earlier this morning with a small punt. Good to see it rise so soon afterwards.
When EUA blows, it'll be like a supernova on aim, with waves of investment rippling out through the market from the epicentre.

[excellance] 11/11/2021 10:41

This is high risk, and will probably never see assets of the magnitude of those at Eurasia, but it is cheap and could bring a multiple return fairly easily and quickly.

[the dark horse] 11/11/2021 10:19

Could be a bit early as chart has yet to confirm but I've grabbed 400k at .3968 this AM to top up a tiny holding I took a while back just to keep it on my radar. If it starts rising I may add but it would help if EUA concluded and released some funds!