Sunrise Resources Share Discussion Threads

[fire2480] 17/11/2015 10:00

About time Patrick updated his investors on basically when he is going to award himself and his cronies more shared don't you think

[jimbobtechstock] 11/11/2015 19:59

Well they did take it down 50% on sixpence of sells... Last few days seen a steady stream of buying at 0.2p or just shy, LSE and ISDX. Not sure the MM would run with much of a float with a risky stock like this so there's always the possibility they ran short and now need to fulfil.

[giantpeach2] 11/11/2015 16:45

you cant help but laugh at these mm's someone buys 500 quids worth and we jump up nearly 30%

[bsg] 11/11/2015 08:47

They'll issue paper until the cows come home. Debts a bad idea at the moment. We will get rinsed out. Then the repeat cycle will begin. Maybe a consolidation, better option prices for the hard working BOD. Then one day it will come good. but not for the current holders. It's happening all over AIM. Especially in the mining sector.

[lentjes] 11/11/2015 07:04

Have been invested with Sunrise for a couple of years but only a small holding.With the finals due in the next 4/5 weeks and the share price being kept low by the MM's waiting for a further placing I think the make or break end game is near either way.

In my opinion the break scenario would be a further placing / dilution as this would give a clear indication that the diatomite project is worthless with no foreseeable revenues and therefore we only have further dilution & dilution going forward and irrespective of results at Bat State the MM's will keep the share price under their control.

The make scenario would be that Patrick announces a deal on diatomite project for commercial production or other way of raising cash flow therefore funding further operations at Bay State or any other holes Patrick wants to explore. If there is value in the diatomite project then as the silver,gold and diamonds have been in the ground for many years and wont be going anywhere then there is no need to rush and raise funding causing further dilution. Best wait until we get cash from the diatomite and use this.

Just my thoughts on how the business plan should be played out

[nigthepig] 06/11/2015 15:34

Oh well, we are getting lower than ever. Nothing surprises me here anymore.

[giantpeach2] 06/11/2015 15:34

mms trying to create a market but no takers either way.

[bsg] 06/11/2015 14:09

Under the last placing price again.

[giantpeach2] 06/11/2015 12:30

we are all pussed off lol, but keep slating him is not doing any good, we have had a good run of news and more to come I think but unfortuntly the market is not interested at the mo.

[fire2480] 06/11/2015 11:51

Just to keep you in the loop I've been here since barite days and Patrick hasn't demonstrated any shareholder value whatsoever :is it any wonder I'm pussed off with him and the other directors

[benchmark] 05/11/2015 23:16

It seems to me that the people who are getting very irate, cross and annoyed because Sunrise (and Teriary) hasn't delivered should consider if they would also simialrly attack the trainer and the jockey when their 50/1 shot at Cheltenham didn't romp home. After all, neither Sunrise ot Teriary could be considered to be investments - merely speculative gambles and should never make make up (in total( more than about 10% of anyone's total portfolio.

Patrick Cheetham may not be delivering but then we all knew the risks - after all, both Tertiary and Sunsrise are nothing more than penny shares

[jimbobtechstock] 05/11/2015 11:28

If he is and he wins big do we get a divi since it's being done on the company buck??!

[fire2480] 03/11/2015 13:59

Well what is Patrick to do next , about time he told the investors here . He probably feeding the slots in Vegas

[bsg] 02/11/2015 09:27

MM's late to the party I expect. I had a few shares where the offer was high, all correct now.

[bowster1] 02/11/2015 09:20

Interesting rise and drop today with no trading having taken place!

[jimbobtechstock] 30/10/2015 11:14

As mentioned many times above I think it needs spelling out where revenue is coming from. Good grades don't speak for themselves unfortunately, not without a definition study showing viability (cost of extraction against inferred resource) ... Yes we know there is a larger margin of error without further drilling but surely enough is known about the location, there is now a likelihood of a sizeable resource, so that study should help create confidence that the resource can be dug out and unlock the share price maybe with wider broker coverage then following.

If there is a plan it makes placings easier to swallow as each stage ticked off is a step nearer to revenue. At the moment there's a lack of structure, some may think this is the status quo rather than a means to an end.

[bsg] 29/10/2015 15:30

I'm afraid we're in the rinse cycle. Buyers after a few more drilling campaigns might do OK.

I think most of AIM seems to be in a rinse cycle at the moment.

[nigthepig] 29/10/2015 14:40

I wouldn't believe any story here. It's been the same since day one. Great news followed by more great news, but unfortunately nothing ever comes to fruition. No reason to believe anything will ever change.

[au24] 29/10/2015 14:32

Now is the time to buy more,if you believe the story.

[nigthepig] 29/10/2015 09:31

What a hopeless company. This just gets better and better!!!!

[bsg] 29/10/2015 09:21

Next placing @ 0.15p IMO.