Metals Exploration Share Discussion Threads

[peterpowell21] 19/1/2017 08:13

achille

who ever is buying baker steels shares must have agreed to pay 5p.
makes sense as that amount of shares being sold would have dropped the price to 4p or less.They both get what they want.
apart from that they are making good money at 5p.

[achillesheel] 18/1/2017 18:51

It's as if the broker has been told the share price is not to rise above 5 until its done maybe the ii wanted to take more in the placing but could'nt for whatever reason, and i suppose if they are making 0.05 on 20 odd million they won't be grumbling.

[achillesheel] 18/1/2017 18:39

Yep look at the delayed trades 12million got to be an ii soaking up the seller

[peterpowell21] 18/1/2017 17:57

volume has been promoted into the premier league today.
this is normally in the sunday league of volume.
they seem to have stepped up the pace to shift this overhang.
we cant be far from getting news now.

[peterpowell21] 18/1/2017 15:13

seems the seller has not finish and they only want buys so they can clear the seller.

[peterpowell21] 18/1/2017 14:54

ha ha you have to laugh.
they get two sells for about 180,000 and they drop the bid.

[jailbird] 18/1/2017 14:46

Real spread is 5/5.05p

[peterpowell21] 18/1/2017 13:58

thanks again wiseacre.
your research is most welcome on here.
along with others that also post very good info, and answer peoples questions.

[wiseacre] 18/1/2017 13:50

I can see why Baker Steel Resources Trust may be a forced seller. Looking at its last Annual Report it was at a steep discount to NAV but the majority of its holdings are in unquoted companies where a realisation of gains look a long way off (such companies as Bilboes Gold in Zimbabwe and Polar Silver in Siberia). Metals Ex is one of the few companies where it can comfortably exit.

[meijiman] 18/1/2017 11:52

Thanks -that would be good. Company needs to step up its newsflow a bit.

[peterpowell21] 18/1/2017 11:32

meijiman

he thinks they may have done four gold sales.

[peterpowell21] 18/1/2017 11:21

5p to sell now,anything above that is a buy.
most buys showing as sell due to the the mid being at 5.125p

[meijiman] 18/1/2017 11:18

what was that?

[achillesheel] 18/1/2017 11:08

Looks that way Peter, we just need wiseacre's second prediction to be announced

[peterpowell21] 18/1/2017 10:53

Canaccord Genuity Limited

They are a big player.

yes well done to Wiseacre, he passed this news on to us last week.

i would also say the seller/buyer has now finished.

[achillesheel] 18/1/2017 10:48

they will take my entire holding for 5 now,

[kj kelley] 18/1/2017 10:47

Appointment of Nominated Adviser and Broker

Metals Exploration plc (AIM: MTL) announces that effective as of today, Wednesday 18 January 2017, Canaccord Genuity Limited has been appointed Nomad and Broker to the Company.

Good news. Likely that we will see increased promotion of the company from now on.

[jailbird] 18/1/2017 10:32

Up.. 1v1..

[jailbird] 18/1/2017 10:30

That is interesting ..I thought CFEP was the only one selling at 5pSCAP who moved up was on 6.5p now in 6.75p3v1... MMs on higher asking price also selling at 5p it seems

[martincc] 18/1/2017 10:20

Big volume again, 250k, 500k and 5M buys going through
1 MM just moved up to 4.75p bid, 1st move for days

[achillesheel] 18/1/2017 10:07

Well new broker just released, spot on Wiseacre

[peterpowell21] 18/1/2017 10:02

i just got a bid of 4.922p for my holdings.
keeps going up.

[peterpowell21] 18/1/2017 09:56

we must be going to see the sell come through soon that is feeding all these buys at 5p.
one mans loss is another mans gain.