Phoenix Global Resources Share Discussion Threads

[treacle32] 03/7/2014 19:28

Classic breakout situation - CYAN had the same details on chart & ta before news this week & 200% rise. I hope PGR will now be releasing big news soon - signs have been there.

[treacle32] 03/7/2014 19:22

Once it breaks 0.15p it'll also go above the 200 day ma for the first time since last august when the price shot up to 0.45p. IMO same again possibly on big news due. All the signs have been there imo since the many developements throughout June 2014.

Chart, ta, and Level 2 is so nicely poised.

[treacle32] 03/7/2014 18:34

Mike111D
3 Jul'14 - 18:26 - 3525 of 3525 1 0 (Filtered)

0.12p to buy to now 0.15p to buy again.

Maybe 0.15p will be gone tomorrow - expecting big news anyday now.

[mike111d] 03/7/2014 18:26

I don't see you posting on MEN of late ;-).

[treacle32] 03/7/2014 18:25

Thanks - going to keep the 4m shares holding as it is and wait for it to double as absolute minimum.

Adopting a policy of not putting me more than £5,000 in any one stock and that much into a few at the same time.

[mo2550] 03/7/2014 17:03

Treacle32 - what you suspected earlier happened at the bell - very encouraging - are you dipping in again tomorrow as planned ? Thanks for the info.

[treacle32] 03/7/2014 16:40

After the very late movement today, even closer to sharp breakout. Great chart, ta and Level 2 developing. In the meantime in June 2014, Mr Mc Keon bought another 15m shares at 0.13p recently, PEEL substantial acquisition of shares, more positive noises on long running saga with locals. Still waiting for drill core samping results too, looking at other opportunities. New director maybe joining too. Can it do a REM?

[treacle32] 03/7/2014 16:35

Decent buy reported on ISDX.

03/07/2014 14:57 2,547,732 @ 0.13

[treacle32] 03/7/2014 16:30

Late rise - 0.12-0.15p

2m blocker cleared too. Maybe news tomorrow.

[treacle32] 03/7/2014 16:29

0.12-0.13p

Buyer still on order book.

[mo2550] 03/7/2014 11:06

Hi Treacle32 - thanks for the info

[treacle32] 03/7/2014 10:56

Yes indeed but I'm not 100% sure it could be them again.

Nonetheless someone has been bidding and buying on the bid off the order book for days via AT trades so it's someone.

[mo2550] 03/7/2014 10:52

Treacle32 - if peel hunt are acquiring more shares in the background - would you expect another rns shortly stating their renewed interest ?

[treacle32] 03/7/2014 10:44

Continues to build further bullish divergence on the MACD Indicator ahead of breaking out.

[treacle32] 03/7/2014 10:40

Think someone will bid at 0.12p again later.

Just lacking volume and this blocker on the offer at the moment but it could all quickly change.

[mo2550] 03/7/2014 09:48

Treacle32 - offered 0.11 for 1.5m max

[treacle32] 03/7/2014 09:39

There it appears again - 0.11-0.13p.

[treacle32] 03/7/2014 08:55

The 1 million sell - actually a 1m buy off the order book.

Hence appears as AT trades so are buys even though shown as sells.

That could be PEEL or whoever adding more.

I think it'll do a SER type rise to 0.30p minimum on some big news soon.

[mo2550] 03/7/2014 08:53

Hi Treacle32 - have noticed of late that the spread narrows during day - bid gets marked up to entice the odd million sell before being marked down again - Appreciate your posts and your positive optimism - Thanks

[treacle32] 03/7/2014 08:43

0.09 - 0.13p

PEEL on the bid and that 2m blocker still there at 0.13p before 0.15p and higher comes along.

The buyer on the order book should surface again later taking the bid to 0.12p minimum as the buying via AT trades at that price over a few days.

I think one of these days its going to go into auction at 0.13p and breakout on possibly big news too.

Got 4m shares now - if it is still 0.13p to buy tomorrow morning then I'll get another 1m.

The MMs are quoted 0.15-0.19p to sell which is a good sign too.

[mo2550] 03/7/2014 08:12

Hi Treacle32 - showing a/c bid 0.8 - are mm's trying to trigger stop losses for cheap shares ?

[treacle32] 02/7/2014 22:48

The Board considers that Mr McKeon's extensive track record of value creation, particularly within the natural resources industries, will greatly assist the Company in identifying investment opportunities. Mr McKeon is well connected, at government and ministerial level, with many of the natural resource ministries in Asia, Africa and the Middle East. He is a founding shareholder and former executive director of Circle Oil plc.

[treacle32] 02/7/2014 21:22

Ever improving chart & ta. Lots of positives in the background on company front.