Sula Iron Share Discussion Threads

[deanroberthunt] 15/5/2017 09:47

been filling my boots...

[atlantic57] 15/5/2017 09:12

Miss womble it really would be helpful if you shared your thoughts ,rather than posting one line or less statements.

[atlantic57] 14/5/2017 16:32

The market reaction on friday particularly the closing price suggests that whilst there is gold in those hills, it is unclear how ,much.

The assay results were not enough to sustain the recent explosive surge in the share price.The next results will need to impress the markets to regain that momentum.

i am not a geologist so i would find it difficult to interpret the results,

[4marlin] 14/5/2017 16:02

The next batch will likely be better....they are ´safer´ drill locations, imo.

[parsons4] 12/5/2017 19:24

Lets face it the grades were great but the sizes were not so big !! I believe this all points to a great property BUT they will still need to raise BIG money to develop the mine. This is where it gets difficult. The city will want their share and private investors are in the dark. I have great faith in the TOP MAN because he also has money in this. I go back to the £10m market cap, forget the highs and lows if this is a great property (which I think it is) then a £10m market cap is just too low !!!
I bought a few more at .53 today, if they get anywhere near .45 next week I will be buying more, GLA !!!!

[temmujin] 12/5/2017 19:07

margin call so had to if im honest

[atlantic57] 12/5/2017 18:34

Tem you made a good call.When i read the rns I thought they were stunning grades but clearly I had not grasped the detail.I now feel like a beached whale...

[temmujin] 12/5/2017 18:01

luckily I sold most of mine at 0.63...don't trust the markets anymore

[atlantic57] 12/5/2017 17:21

On Target12 May '17 - 07:59 - 3520 of 3549 0 0
You have to look at the width of the intersects not just the grade. There are some decent grades mentioned in this RNS but the intersects are small.


Given where this has finished you have to say this was the most significant post of the day.

[escapetohome] 12/5/2017 13:02

Cmon SULA lets jiggle jiggle!

[escapetohome] 12/5/2017 12:39

Im not selling mine, im hanging on, plentty more to come,

Just imagine if they sold the iron for 10 million, all that gold for free!!!!!!

[deanroberthunt] 12/5/2017 12:36

or maybe just plain shenanigans....

[parsons4] 12/5/2017 12:35

Just bought another bunch at .53 it looks like a gift to me considering it being a £10m market cap company with what looks like a major gold find !!!

[deanroberthunt] 12/5/2017 12:00

maybe it's that placing...

[atlantic57] 12/5/2017 11:51

Dean Something is not right !!

1) The share price fell before the announcement very unusual when the results are stunning.

2) There was no big mark up first thing , there usuall is when the announcement is good.

3) Sell on the news is normal but the end of day close is the key arbiter,

They did not sell the other day because the expected at least 1.0 p on good assay results.

[deanroberthunt] 12/5/2017 11:26

if people wanted to sell, then why now and not the other day when they could have got 0.68p....now only getting 0.538p....

[trulyscrumptious] 12/5/2017 09:53

Where is that soulsauce, I can only find one from VSA in FEB this year.

Retained
Broker Start Date Action Previous
Recomm. New
Recomm. Recomm.
Change Prev.
Target New 3.10
Target Share
Price Target 3.10
Change Our
Score
VSA Capital 02/02/2017
Reiterates
Buy Buy
0
3.10 3.10 0.34

[soulsauce] 12/5/2017 09:40

On lse broker reiterating 1.6p

[trulyscrumptious] 12/5/2017 09:36

I dare say WH Ireland will come out with their opinion on these samples in a short while and hopefully they will shed further light on the worth of the gold represented. Clearly, we are all relatively clueless when appraising these samples, some totally clueless.

[bernieboy] 12/5/2017 09:35

Hopefully soulsauce but I'm not convinced yet........