Vast Resources Share Discussion Threads

[gold finger 1] 26/3/2024 14:26

Looks like we could have GSA, showing a smaller short either today or tomorrow.
This is always the thing with people that go short, they have to buy them back at some point.

[bionicdog] 26/3/2024 12:34

They will probably not mine at a loss you lying scum. Perhaps they aren't a lifestyle company.

[gold finger 1] 26/3/2024 12:21

Well i was just reading about a company that is in about 2months time hoping to start building a mine and hoping to get it into production by the end of this year.
They have sold 51% of the asset for $100m, plus $17m of shares at a discount. They are hoping to complete the first phase for $65m. Its not clear if they will have to pay the 49% of the costs of this work.
AT least they will not have to pay interest on this $100m.
It makes the $6m we paid for the 20% of BP we did not own, plus the other % of assets we got in that deal look very cheap.

So they are basically valuing that asset now at $200m. That is basically just for a plot of land.
Does make me wonder what BP alone is worth.
This company i have been looking at will have a market cap of around £107m after those shares have been added, they will have 23billion shares in the market.

Makes vast look very cheap to me.

[bionicdog] 26/3/2024 11:14

It isn't a short you cretin.

[gold finger 1] 26/3/2024 11:11

So GSA had a short running up until March 18th for 0.51%, that would be for 4,735,911 shares. on the 19th March they increased it to 0.58% so shorting 5,385,938. that rose to March 22nd to 1.35% or for a total of 12,536,235 shorted shares. On 25th March they closed 0.5% that being 4,643,050 shares. leaving them with a short now of 7,893,185. wonder if they will reduce that anymore. Maybe back to holding 0.51%, so that would give them another 3,157,274 to buy back. Lets see.

[bionicdog] 26/3/2024 10:02

But you didn't pick either. You are a lying company shill.

[gold finger 1] 26/3/2024 09:49

would you take a share that has no revenue, with a growing loss each year. Also have about the same debt as vast. But they do have a few million pounds in the bank. Or would you take Vast with growing assets, growing revenue. With a chance of getting returned to it $12m+, along with the return of a diamond asset. I know which one i would pick any day. I also know which one the trolls would pick. That is the reason they are trolls.

[gold finger 1] 26/3/2024 09:32

could we be seeing a few more buys, because the shorter is buying the shares back that they shorted. Slowly will not push the price up.

[gold finger 1] 26/3/2024 06:54

Good morning,I notice that the short position of the company that had been adding to its short. Has closed 0.5% of its 1.4% short. What could this possibly mean. Could it mean they tried to manipulate the share price for their own gain.You know, add to a short for a few days in the hope people would see it and sell. Seems no-one fell for that. Well only I would imagine the trolls. Could this show they have now heard their is only good news coming down the line. That little stunt would have cost them a lot of money in charges. But they got the share price down a little doing so. Giving anyone who wants to, add a chance to buy cheaper.

[bionicdog] 25/3/2024 17:46

Utter rubbish.

[gold finger 1] 25/3/2024 16:58

New Copper Offtake Secured with Trafigura for Baita Plai until june 2025.
so we have 15,695 ton of concentrate forecast at the start of production. Up to yet vast have sold about 3,566 tons, so that leaves 12,129 tonnes left.

[shortsqueezer] 25/3/2024 16:32

Yep 7th of February. Not much left in the armoury eh?

[bionicdog] 25/3/2024 16:29

Getting a bit desperate.

[bionicdog] 25/3/2024 10:51

An institution owing someone shares is not the same as an individual shorting it.

[forfaiter1] 25/3/2024 10:40

Who said you cannot short vast?

Open Short Positions in Vast Res
Fund % Short Change Date Changed
Gsa Capital Partners Llp 1.35% 0.30% 21 Mar 2024
Total 1.35%

[skif] 25/3/2024 10:15

Has anyone seen the diamonds or platinum.

Thought not.

[bionicdog] 25/3/2024 08:44

Spreadbetting is not shorting for crying out loud. Nor is the effect the same.

[shortsqueezer] 25/3/2024 05:57

Not that clever as almost all of us have seen through it :-)

[purchaseatthetop] 25/3/2024 05:45

Skif. It is not a sale of platinum. It is a sale of something marketed as platinum concentrate that only has to have 15% copper in it to qualify. So VAST copper concentrate. It’s very clever to mislead the way they do.

[firw00d] 24/3/2024 23:38

Are you saying it is not possible to go short on a spreadbet via the likes of IG or Spreadex if there is borrow available ?

[bionicdog] 24/3/2024 23:05

You cannot short VAST for the millionth time.