Mineral & Financial Inve... Share Discussion Threads

[dave4545] 19/2/2021 13:45

"We have made two investments in Cerrado Gold, the first at US$0.42 and subsequently at US$0.50 per share. The last investment was prior to it successfully acquiring the producing Don Mario Mine in Argentina. Cerrado is now planning to list in the first quarter of 2021. We expect that this should generate a meaningful lift in our Cerrado investment valuation.

[dave4545] 19/2/2021 11:42

So in a nutshell

Nav 15.77p

Based on Ascendant Resources around 0.09 now 0.23
Cerrado Gold purchases around $0.4 just raised money at $1.35 ahead of float.
Exciting drill updates on their flagship project in Portugal
New board appointment

Other miners trading a huge premiums, because this is classed as a investment stock
it trades at a huge discount.

Market will wake up soon enough

[dave4545] 19/2/2021 11:08

N/T to buy

Could be the perfect storm now if the sellers are out too.

[dave4545] 19/2/2021 10:47

Funds raised at 3-4 times what Mafl paid for their's

And that's just the IPO price, what premium will they trade at $2 dollars maybe so a 6 fold return on paper for Mafl.

Punters chasing rainbows at monster premiums everywhere when this nugget is trading way below NAV

[baz9707] 17/2/2021 20:41

2 Swiss sellers nearly done.

[dave4545] 17/2/2021 20:26

Have you got a link to it floating next week please ?

This market is amazing, punters chasing up stocks to obscene values and selling others at obscene low values.

I added in total over 100k this week, most around 11.2-11.3p but have been buying for a while from 8p lows

[baz9707] 17/2/2021 20:19

Cerrado worth to MAFL on listing next week £1M, X 4 what they paid.
First of the move to 70% listed assets.

[dave4545] 17/2/2021 07:51

Surely our sellers are out now.

100k sold late on yesterday at 10.3p, this has been going on for months now.

[dave4545] 16/2/2021 14:48

Looks like more shares into BR hands.

These little pi sellers do not get it do they.

Price just goes higher and higher

[dave4545] 15/2/2021 16:02

Guessing Baz has upped the anti, a Rns could land any day so a buy order is no good when there's just a couple of 5000-15000 sales a day, need the size now so price increased and like lemmings they start to sell again this time around 10.4p

Can all these sellers not see the bigger picture, I mean icing on cake is that new appointment and still they sell miles below NAV

[matt123d] 15/2/2021 11:49

https://twitter.com/minfininvest/status/1361275311489449985?s=21

[aimbagger] 15/2/2021 10:35

Looking good, NT to buy currently.I think the Appointment of Mark Brown has been overlooked here. Serious heavyweight joining a £3M Mcap co? Big things in the offing perhaps...Proactive: hTTps://tinyurl.com/y36rpklu

[matt123d] 15/2/2021 09:47

The time will come when the 10-12p range will just has longer term investors in and it will hold.

[dave4545] 15/2/2021 09:44

Premium buys eh, either Baz buying in the market because his orders cannot get filled now all the pi's have sold out.

fomo will sell them all buy back in soon if it really spikes and people like me buying size at 9p can offload a few onto them for a 50% profit

[dave4545] 15/2/2021 08:42

N/T to buy, mm's shake on 2 tiny sales.

Desperate stuff but why are little pi's so impatient here to sell a 16 nav stock below 10p ?

[dave4545] 05/2/2021 15:49

And the mass exodus of impatient pi's continues. Reckon about 200 pi's have sold up because it's not flying.

And when it's next up 50% they will all try to buy back.

That is how stupid the market is atm

[dave4545] 02/2/2021 15:00

Good job Baz is buying these up because nobody else is.

They could announce NAV of 20p and every day people would queue up to sell at 9.5p or less