Phoenix Copper Share Discussion Threads

[goldrush] 10/6/2020 11:16

deuchar

Not really....you always get this for a few weeks after a placing....some guys may need some funds to cover margin elsewhere or whatever and they sell 50k that are in profit and hit the bid.....exactly what the MM's want....now recovered to 23p offered....remember buys were at 23.64 yesterday....21p offered and I was trying to move funds into my account in readiness ....but the time I was ready the price had moved back up....IMHO

[deuchar] 10/6/2020 10:37

down the pan we go

[dave4545] 09/6/2020 13:46

23.64p to buy now

[goldrush] 09/6/2020 13:42

We are now within 1 week of Mid June expected drilling results....drilling started 28th April.....wonder if any will start positioning themselves for the ride....imagine trying to buy when this Bulletin Board is rather busy discussing a cracking RNS.....IMHO

[trad3m3] 09/6/2020 13:28

I want that 23...!

[seagreen] 09/6/2020 13:10

Peeps and new peeps need to be reminded how cheap this is ...market cap a mere £15.5M

[trad3m3] 09/6/2020 12:05

Interesting read for those who like to read...https://aheadoftheherd.com/Newsletter/2020/Miners-snapping-up-gold-properties-left-and-right.htm

[goodgrief] 06/6/2020 09:18

httPS://kingworldnews.com/alasdair-macleod-silver-will-soar-as-global-monetary-crisis-is-dire/

[goldrush] 06/6/2020 00:18

In my mind one of the best articles written on silver recently "Silver will soar as global monetary crisis is dire" as per Alasdair Macleod on king world news.com

[trad3m3] 05/6/2020 15:38

Nasty spread! Someone sell so I can top up before 30!

[dave4545] 05/6/2020 14:25

24.4p for 10k

25.2p for 15k

25.5p for 25k+

Think the placing stock is running low

[dave4545] 05/6/2020 13:39

It's just jumped from 22-24p to 23-26p

Thought a Rns had hit, anyway you can still buy for 23.47p so still some placing stock around.

[goldrush] 05/6/2020 09:23

zaphod

Many thanks for that link to copper advance. Another say 10% advance to $2.75 per lb will start again pushing copper to more economic mining levels and thus to making the copper part of our resources be a large valuation....of course none of which is in the share price at the moment....IMHO

[zaphod99] 05/6/2020 08:20

hTTps://www.mining.com/copper-price-rally-builds-as-chinas-spending-balloons/Copper advanced to 12-week high on Thursday as China's $700 billion stimulus program focussed on so-called "new infrastructure" and "new urbanization" kicked into gear.

[goldrush] 04/6/2020 17:37

Looks like there has been a clear out of some placing shares today with good solid buying IMHO.

One day closer to good drilling news in June ....fingers crossed.

[dave4545] 03/6/2020 08:43

Morning
22-23p

Cannot get a quote to buy even 5000 shares atm, is the placing flipped or do they want 24-25p for that

[investorman33] 01/6/2020 16:56

Worth noting that silver broke through $18/ounce yesterday and trading comfortably clear of that price at 18.32 atm.

That's around a multiple of 95 to the current gold price of $1740/ounce down from a 100 multiple a week or so ago but a long way away from the much lower multiples some seem to expect on a historic basis.

Will improve the Red Star resource value, particularly if silver continues to climb as a number of commentators seem to expect.

[zaphod99] 01/6/2020 15:33

hTTps://www.cnbc.com/amp/2020/06/01/bank-of-america-ups-copper-forecast-as-red-metal-rises-for-second-month.html"Bank of America analysts on Friday increased their price forecast for copper in 2020 by 5.4% to $5,621/t, while keeping the 2021 projection unchanged at $6,250/t."

[zaphod99] 01/6/2020 10:24

Indeed.The recent valuations of 34p and 31p per share by WH Ireland and Hardman & Co immediately become out-of-date as soon as the results of the new drilling and consequent resource upgrade are announced.I expect there will be several upwardly revised valuations from the research analysts before we go into production towards the end of next year.Exciting times ahead.

[goldrush] 01/6/2020 09:57

Wilkin's interview last week was a good one and succinctly put forward the raising of the extra funds especially " Ryan, (geologist and CEO) liked what he saw......" obviously from the drill core.....and thus to get diamond drilling done....Assay results will be the key for a good increase in company valuation....㊃0;🤞

Even although I have a fair sized holding I too topped up first thing with a 20k top up.....which is not showing yet by the way....

[dave4545] 01/6/2020 09:10

Once the placing stock not in sticky hands has been flipped it will retest those 28p highs easily.

[soulsauce] 31/5/2020 17:18

Don't listen to iamgreat he is a bit of a tool.

You might also like CHF chaps, main list #2m mkt cap. Worth doing some research for you to replicate the rise here in the coming weeks.

[zaphod99] 30/5/2020 21:45

Silver's silver lining: an 'unloved, unwanted and mocked' metal - but not for much longerhTTps://smallcaps.com.au/silver-lining-unloved-unwanted-mocked-metal-not-much-longer/