Metals Exploration Share Discussion Threads

[parsons4] 15/3/2017 08:00

Well how bloody useless are the BOD. Such A NON RNS which just brings more questions and doubt, in fact it makes knowing what to do in terms of trading even more difficult !!! FACT it is in nobodies interest for the company to go bust. They are talking about a company producing quarterly updates so one would assume that they intend to be around for the foreseeable future. Presumably the financiers are going along with the delays. CONCLUSION a big opening markdown is probably a good time to average down !!!!!

[peterpowell21] 15/3/2017 07:49

it will be interesting to see if the large holders here soak up any sells by pi's.

[peterpowell21] 15/3/2017 07:33

jailbird

so the plant/fleet are operating soundly.
They can't do anything about the weather.
i agree its not good news.
we still have no idea how much gold is being produced.
But that will end by the end of April.

[blueclyde] 15/3/2017 07:12

At least they are generating some sort of cash flow that is the most important thing.

[jailbird] 15/3/2017 07:08

Ruffer is a smart cooky

[jailbird] 15/3/2017 07:07

Only just raised money and already thrown in the finances statusFFS!

[achillesheel] 14/3/2017 14:57

just doesn't have the same feel to it though, unless it was their final tranche all their sells have been nice round share numbers 2.050mill, 1,2.7,2.5, bit of a random no too 1,044,117 for 45.94K???,

TBH I hope that we don't have news until beginning of April as it will allow me take some more at these levels or lower and I can transfer more into my isa before the fireworks and reduce the cgt on my standard account.

[peterpowell21] 14/3/2017 13:55

achille

i would not expect any pi to be selling now.
i would say that mill was ruffer.

[achillesheel] 14/3/2017 13:45

I'd be happy to take 10.13 for my shares, don't think there is anything untoward the company could just be making sure everything is lined up before they release news, they have been close so many times and slipped at the last hurdle.

If their is a lot of surplus stock sloshing around from Ruffer then the mm's are going to drop the bid to entice buyers, problem is I think most have already taken their positions and are waiting on news and it's just pi's topping it as most have been small trades, we haven't seen any large delayed buys or sells for a week or so now so it may be Ruffer have finished and the overhang needs to be cleared. Would assume that the 1 million sell the other day was a PI.

[jailbird] 14/3/2017 12:50

Selling is going on .. why do you think the price is dropping
If they drop it might cause an avalanche .. this is a false market and clearly market manipulation and needs to be reported

[peterpowell21] 14/3/2017 12:44

so still no news.
why?
is there something going on we have not even thought about.
Like a take over?
well i am sure after all this time we should have had some kind of update,way before now.You cant tell me that with 700 employees that there is nothing to report. Or that there are no future planes for the site being made.
No for me there is something going on in the background.
Takeover for me.
Bad news is very hard to keep a lid on. And you would see a lot of selling going on.
A takeover is a lot easier to keep a lid on, as there would only be a few people in the know.
We will see.

strange how its 4.5p to buy and 4.35p to sell.
yet they are still showing 4.5p to sell and 4.75p to buy.
so i expect to see another tick down soon.

[jailbird] 13/3/2017 17:37

1 million sell at 4.4p was the reason I hope that is the last of it now

[peterpowell21] 13/3/2017 16:02

The bid and offer is nowhere near the actual live price.
4.32p on the sell side now. but the offer price is only 4.52p.
looking at the few trades today they all look like buys.
but i am not sure. But the fact is there are more buys,yet they have dropped the bid.
376,000 shares traded all day. lets be kind and call it 50/50 buys/sells,yet they keep dropping the price?
Games afoot in the most corrupt and manipulated market (AIM) probably in the world.


2,071,330,000 shares in issue.
376,000 shares traded today.
150,000 sold.?
gee there must be bad news being held back. lol

[peterpowell21] 13/3/2017 15:23

achille

lol.

jailbird

The fact is they were always going to drop this on no news.
how low it will go depends on how long it takes to give pi's and the market some news.
The facts are millions were moved from one seller to a buyer at 5p.
The NED bought £250,000 worth at 5p.
Also the volume since the buyer/seller finished has been none existent.
Classic MM.s games before news.
So you either hold your nerve or sell.
I intend to wait and see the news.
if things are going to plan, this will have revenue of around £100m a year.

[achillesheel] 13/3/2017 14:38

We haven't even got started yet :P)

[jailbird] 13/3/2017 12:45

It is all over ppl :-)Level 2 is 4v1...it is a false statusMM manipulation You can buy 100k at 4.525p but can only sell alot less

[giantpeach2] 13/3/2017 12:42

Ok so I picked another 84k up

They must have a backlog of news to release.

[peterpowell21] 12/3/2017 18:10

giantpeach

no, most of mine are in spread bets.i have reached the point that to cover my margin now is 40%.
but i do hold a lot of shares in my share account.
i also have money waiting to add if or when they drop the share price again.

we know news will come sooner or latter, so do the mm's. they always drop the share price just before news to try and shake a few out. with little to no interest from PI'S here they will find it hard.

A half million will be a nice number to get hold of.
good luck.

[giantpeach2] 12/3/2017 09:04

peterpowell21

You must have a million of these by now! my target is half a million gl.

[johnybigarms1] 10/3/2017 23:52

Remember the director buying in January, he knew back then all was well, he paid 5p for his shares, £250k worth, doom mongering is why it's 4.63p today, keep positive, all will be revealed soon enough