Zanaga Iron Ore Share Discussion Threads

[knocknock] 19/9/2013 13:26

and a buyer or two no doubt.



Somehow I doubt there are many on the short tack, far easier money to be made without the massive risk , but whatever floats your dinghy.

[miti 1000] 19/9/2013 13:21

Knocknock,
That's what I look for, a decrease in volume.The reality is the volume has died down since the day after the news and now its just the profit takers and shorters left in the short term.

[knocknock] 19/9/2013 13:09

Really massive volume wouldn't you say miti?




Sometimes best not to view the market through another's spectacles, and certainly not a tipster rag.

Best of British to you though.

[miti 1000] 19/9/2013 12:51

Nice to see 'shares' talking some sense .Has gone way too far in such a short space of time for a pie in the sky stock.
Even on a bullish day, its struggling so hopefully the fall continues.

[dell1234] 19/9/2013 10:40

Here's the Shares mag article:

[someuwin] 19/9/2013 09:29

Shares says...

"With no immediate catalysts in sight, take profits"

[greglt82] 19/9/2013 08:32

Looks like everyone has gone out for the day here !! Not one trade !!

[shaunstar] 18/9/2013 19:27

Really good report on the recent news on MF boards
boards.fool.co.uk/zanaga-the-new-landscape-what-follows-is-my-take-12883868.aspx

States ZIOC canot be cash called by GX,
Also, the idea that if a placing happens (may get a different funding arrangement entirely) it will be less than the current share price seems ludicrous to me. ZIOC are not desperate, they have plenty of cash, they have time. There will be competition to be part of this project - it's attractive, it's world class.

[knocknock] 18/9/2013 10:01

Be interesting if any fundraising is pulled off at a premium to current share price , which I have seen before, and considering limited free float may be the only way potential investors can get a large slice of what is gonna be a very large pie.

[blueball] 17/9/2013 09:57

miti I doubt it will fall lower then 25p so whats the point your trying to make.

[miti 1000] 17/9/2013 09:52

Outsider13,
Thanks for the advice but I think its gone too far up too quickly. Reading the rns's, I expect them to raise money and also for any news to be some time in the distance. The volume has dried up now so I expect a rapid retrace .Good Luck, if not in the short term!!

[knocknock] 17/9/2013 07:21

Excellent news out of BZM, bodes well for the whole West African IO market.

[saikat] 16/9/2013 23:26

I agree that it is dangerous to short this stock until a top has formed. It is still long term oversold. And you normally do not short a microcap/smallcap without very good reasons.

[outsider13] 16/9/2013 19:56

Miti, I once again reiterate what I said in an earlier post...

take the short off first thing in the morning or you could be facing a hefty
lost. Go short at your won peril :)

Retracing at best a couple of pence and then it will continue its rerating. Well done to all who have kept holding after this initial correction...more to come!

[bumpa33] 16/9/2013 16:53

KK - one born every minute...!

[knocknock] 16/9/2013 16:49

You won't be posting here much longer then miti.

[miti 1000] 16/9/2013 16:15

Surprised this has not sold off yet.I presume that now the rise is done with, it should be an orderly retrace to 20p over the rest of the week.Naturally been adding to my short today.

[29howard] 16/9/2013 15:50

Wonder what treacle is pump and dumping now :-))

[saikat] 16/9/2013 15:49

Please 29howard. A large majority of people here can take care of ourselves from any danger that Treacle poses.

Am waiting for a discussion with Fred - it should be of good quality. Fundamentalists - please join in if the discussion progresses.