Sunrise Resources Share Discussion Threads

[theaviator] 03/2/2024 21:40

Let's make sure he doesn't then ;) There's a few of us can swing it here.

[barnaby5] 03/2/2024 19:48

Agree Dave, we’ve no funds left. As you agree how can you put a valuation of billions. I hope I’m wrong but your valuation at this precise moment is pie in the sky. Pc very soon must be looking at dilution. Were all goosed if the happens

[theaviator] 03/2/2024 17:24

This is our company!

[theaviator] 03/2/2024 17:24

I'm against them this time no question.

[theaviator] 03/2/2024 17:24

Id actually urge everyone to vote against resolutions this time like what happened on tym and he can sit in his hands for a year or two. It'll at least raise sp

[1wager] 03/2/2024 12:47

Are you selling up then? PC needs to tell us what set backs TOLSA had. How confident is he that they will commit to purchase?!! Cos without that money I can’t see anything happening unless we go back to the original CRMC with tail between legs!!

[irishdave2] 03/2/2024 11:04

Aviator my valuation is $3 billion gross value.P.C. Put a value on of $2.2 billion gross without Hazen site.We must remember that we are not the only company who have pozzolan for sale.Yes as you point out we have things in our favour at present,such as mining licence in place.Only thing against is no funds,this point I have pushed for 2 years now.No funds means no production of finished product,which means we are in a one way road.

[theaviator] 02/2/2024 16:01

Not dissing you Dave but you aren't consistent with your posts.

[theaviator] 02/2/2024 16:00

"Given away due to lack of funds" yet you were saying billions worth a few months back which I didn't agree with. So this is pretty contradictory Dave. I actually placed a value of around 50million on the site which is reasonable and should it sit until an offer made so be it. Value does not change and nor will PC give it away cheap. This I KNOW and the reason he walked away from one large CMRC and was quite right to.You can look up Rio Blanco etc to get decent idea of prices...No it won't end up being given away in fact if folk read what I said the other month ie looking toward 2025 nothing is a suprise here for me. It's an investors game this not traders. Have also said it's not for everyone but I continue to accumulate slowly at a beautiful level :)Now I expect positive news on other fronts too here if folk have read the rnss properly ..

[1wager] 02/2/2024 11:21

This is my concern Dave. That’s why I knew the TOLSA deal was massive. It would have given us a back bone

[irishdave2] 02/2/2024 10:06

We have enough cash until end of April 24 which means we will be giving away a lot of cream out of C.S. site,unless we find another way of funding.At present cement companies and distributors of pozzolan are grinding at full capacity and unable to grind our pozzolan.We cannot just sit and wait for reaction from cement industry and distributors which to date has failed,they can wait much longer than we can.It is quit clear that plan so far is not working and he needs help going forward. Otherwise it will end like Garfield site,given away due to lack of funds.

[theaviator] 02/2/2024 09:06

And there are buyers non contractually obliged to do so because it's their decision in a free market what they do with their money and where they invest. :)

[benchmark] 02/2/2024 07:55

Poor yaxY - trying to extricate yourself now from your clear implication that even though there are sellers, there are also buyers picking up these shares. Its not a question of them being "willing" buyers - they are contractually obliged to take the shares. Go and learn how stock markets work.

[yasx] 02/2/2024 00:20

Benchmark

Oh dear. I give up. I made no reference to the identity of any party, be that buyer or seller. I reiterate any transaction has two parties, a buyer and seller, irrespective of underlying instrument.

You assume that a market maker or any other party lives in a land of make believe, a sort of phantasmagoria. Not so. If a seller sells as you put it to a market maker for any share in which a market maker is involved, then by definition the seller has sold to the market maker who has taken the shares i.e as a buyer of the same. The transaction is conducted at a certain price.

If the market maker then sells the shares to a willing buyer that is also a transaction between two parties. Think about it - slowly, do not exhaust yourself....

[theaviator] 01/2/2024 10:01

"When the market makers are nervous..." Absolutely incorrect. Firstly it's Setssq and automated & algos & secondly market makers make zero money from these stocks.

[benchmark] 01/2/2024 09:15

yasX - that is incorrect. A seller isn't matched with a buyer. A shareholder sells into the market, i.e. to a nominated market-maker. The market-maker is obliged to accept the stock. Its up to the market-maker(s) to determine the price and the bid/offer spread. Selling pressure and they move the price down, buying pressure and the price is adjusted upwards. When the market-makers are nervous abou ta stock they will increase the spread.

[yasx] 31/1/2024 21:49

Some novice clown needs to realise every trade has two parties - a willing buyer and a willing seller.

[theaviator] 31/1/2024 18:53

And some buys and don't confuse the ones showing as sells that are actually buys ;)

[1wager] 31/1/2024 17:15

hxxps://www.aggbusiness.com/news/new-investment-titan-cement-international-turkey

Maybe it was Titan who PC walked away from! We have had some big sells today. I don’t understand what’s happening. Is it patience or is it the fact that the world is carrying on burning coal?

[irishdave2] 31/1/2024 16:29

Titan Cement have today purchased pozzolan quarry in Turkey,they have production sites in U.S.A. One in Virginia.This news should give signal for industry,being a global company.

[bsg] 31/1/2024 13:58

Bit of flipping before the placing?

[theaviator] 30/1/2024 18:54

Ps Perhaps you should educate yourself dear boy a little about the law of periodicity. Good book written by Mr Buchanan. Seems you are on yours hahaha

[barnaby5] 30/1/2024 16:45

Why would he eat his hat when we received £100k. Aviator did not specify what the good news would be. I suspect 80% of the country if they recd 100k would say - that's great news.

[benchmark] 30/1/2024 13:52

yaxX - you have to allow for the fact that TheFlyingNarcissist has the insigbts(!) gained from his knowledge of the alignment of the planetary bodies and his regular crystal ball gazing. He did post back in the autumn that if there wasn't a good news announcement from SRES by mid-January that he would eat his hat.