Oxus Gold Share Discussion Threads

[letsnotpanic] 01/10/2015 20:02

Can you answer my question Dave?

[letsnotpanic] 01/10/2015 20:00

Papillon, I'm asking a question, so I'm guessing you have no idea what will happen if the company wins an award!? Any answers to what I thought was a simple question?

[dave444] 01/10/2015 20:00

Best to ignore

[papillon] 01/10/2015 19:57

letsnotpanic? Filtered.

[letsnotpanic] 01/10/2015 19:42

Am I missing something? The share price shoots up and quite literally every share holder sells...who buys them?

[letsnotpanic] 01/10/2015 19:41

I thought this was red or black!?

[letsnotpanic] 01/10/2015 19:41

They make an offer?

[a.fewbob] 01/10/2015 19:37

Lets say they make an offer of 50p per share. The share price would move u[to lets say 35p leaving 15p profit for those willing to hold until the end and therfore take the risk that the offer for what ever reason might fall through.

[letsnotpanic] 01/10/2015 19:35

Am I missing something? The share price shoots up and quite literally every share holder sells...who buys them?

[letsnotpanic] 01/10/2015 19:23

So if good news hits, and the share price suddenly increases by hundreds of a percent, will everyone sell? Who will buy the shares? This is an honest and perhaps novice question!

[giant steps] 01/10/2015 19:18

LNP, regime should be snapping up all Oxus shares to make a
low-ball offer as a way to hedge against a huge award.
Still believe this can happen pre and post verdict news.

[letsnotpanic] 01/10/2015 19:14

So if good news hits, and the share price suddenly increases by hundreds of a percent, will everyone sell? Who will buy the shares? This is an honest and perhaps novice question!

[barnetpeter] 01/10/2015 19:04

Yes can't be out. Don't blame for selling a few but the news could be massive so I will risk it all. This is boom or bust....

[dr darkstar] 01/10/2015 19:03

30p soon enough then

[bullionbaby] 01/10/2015 18:40

That sounds good to me Finchey!

[apfindley] 01/10/2015 17:59

Bearing in mind the arbitration writeup will likely be 250-300 pages (possibly more), it takes time to compile and check/recheck, proof read several times etc.Possibly RS has been informed the case has concluded and is being written up.

[kcowe] 01/10/2015 17:53

I also agree with you Broncoworrior....if this was a normal situation i would have sold this am... but with yesterdays statement... all bets are off . this news is going to drop at any moment,would be a shame to be out when it hits after waiting so long.

[jaf1948] 01/10/2015 17:01

I believe (please correct me if I'm wrong) that every RNS, even if it something like interim results or holdings in the company, has to go past the NOMAD before they are issued.

If that is true, surely the NOMAD would have questioned the 'very near future' and must have been satisfied with the answer otherwise it would have been taken out.

[broncowarrior] 01/10/2015 16:43

Agree with you in a way kcowe but it appears we are the stage where the charts need to be thrown away. Also, how could they ever be particularly reliable with news possible at any moment.

If someone used a chart to sell hoping to repurchase, they could well have been caught out by the news of the award.

The chart would then be useless.

[papillon] 01/10/2015 16:07

I saw that from Zak Mir. He makes no mention of the arbitration. In fact in a previous blog about OXS he mentioned gold miners in general. He obviously thinks it's a gold miner! He seems to know Sweet F.A. about OXS apart from it's chart!

The ARMS chart just prior to it's arbitration verdict last December shows that charts will be next to useless in the case of OXS.

PS. Regarding Zak Mir I don't pay much attention to his chart predictions. They are often hopelessly wrong. LOGP is a case in point. He was predicting 19.91p (an odd number!) based on his chart in August when the share price was circa 8p. Luckily I sold at that time because a well was being drilled for LOGP and I guessed it would be a duster as they invariably are. It was! LOGP share price now 1.625p and falling! Using charts is Ok, but only in conjunction with fundamentals.

Zak Mir is a lousy chartist because he ignores fundamentals. You can't make logical share price predictions based on a chart when the share price direction depends on a well result.

[kcowe] 01/10/2015 15:58

They are and are not.... the price is over bought when looking at the bollinger bands.. the price is well out of range and will come back inside the envelope, but if the award is announced then none of that matters . so till that day occurs .. charts and the technicals take the front seat.

[broncowarrior] 01/10/2015 15:47

Charts in relation to this are hogwash.

[the stigologist] 01/10/2015 13:55

I don't rate Zak Mir as a chartist at all. But FWIW here is his comment

It may be interesting to note that Oxus Gold is one of those situations where the technical position appears to be so robust that one is rather forced to dial down the enthusiasm. This is even though we seem to be in the run up to a 50 day / 200 day moving average golden cross buy signal for later in October, the journey to which the shares could serve up quite a fiery bull run. Indeed, we have already witnessed signs that the bulls are very much in the driving seat, following the final dip below 2.5p at the beginning of last month.

This was a clear probe below the post February support under 2.75p and below the 200 day moving average now rising sharply at 3.11p. the best way forward currently is seen as being buying the stock on any dips towards this feature, even though the aftermath of recent gains has not actually left the RSI oscillator overbought. Instead it is running at a relatively modest 65 / 100, something which also underlines the constructive nature of this situation and how we are justified in expecting the best scenario over the near term. This would take the form of a move towards the top of a rising trend channel which can be drawn from as long ago as December. This is the 2- 3 months target at the current rate of progression, especially while there is no sustained price action back below this feature – especially on a weekly close basis.

- See more at: hxxp://www.shareprophets.com/views/15430/zak-mir-s-great-request-show-apr-energy-gulf-keystone-oxus-gold#sthash.mEcXC5qK.dpuf

[the stigologist] 01/10/2015 13:52

Yes over 100 posts in the last day because 'nothing is going on'

God help us when something does happen :-p