Zoltav Resources Share Discussion Threads

[cyprusdave] 11/12/2019 13:40

Buyback and take it private, off AIM??

[bernieboy] 11/12/2019 11:50

Not selling here either of course.....

[the book of wisdom] 11/12/2019 11:40

I agree with you P3, and I am also wondering what this MM is playing at...

[paperclip3] 11/12/2019 10:28

Well Book, I guess we'll find out in due course. It looks to me as if one of the MMs is almost trying to bully people into selling. I'm a long term holder; I shall not be selling at these levels.

[the book of wisdom] 11/12/2019 10:23

P3, this Co is cheap because it is trading on “if’s221;; if the production of last well is good, if the FS is good....Plus the fact that is it Russia based of course and producing at present very little......

And I cannot help thinking that this massive price drop ahead of supposed news is no coincidence: either somebody wants to bring the price down for whatever reason, or the news to come is disappointing....

[paperclip3] 11/12/2019 09:50

The Feasibility Study which is due before year-end.

[t 34] 11/12/2019 09:47

What value FS study is expected to add to zol ????

[paperclip3] 11/12/2019 09:30

The market cap of Zoltav is now only £47.5 million. If the FS comes in anything like expected then surely it will be the cheapest resource stock trading in London!

[paperclip3] 11/12/2019 09:11

I'm not sure what Cantor's game is; however, while I have some cash to invest, if they are going to push the price down further, I may as well wait a bit. Why pay up?

[the book of wisdom] 10/12/2019 17:22

Having said that, looking at the price action today and the types of trades, I suspect we might see another big sell appearing toMorrow or the day after.
And as I said before, I do not believe in coincidences when it comes to small stocks....

[the book of wisdom] 10/12/2019 17:16

You are right P3.
I was just referring to your post, I think it was #2966

[paperclip3] 10/12/2019 16:11

Having said that the major shareholders have not shafted the smaller shareholders before; quite the opposite. Remember the cheap loans that were proffered

[the book of wisdom] 10/12/2019 16:02

And bear in mind that the free float is only really 10.4m shares according to the latest figures

[bernieboy] 10/12/2019 15:58

Certainly sounds feasible pc. Unfortunately......

[the book of wisdom] 10/12/2019 15:57

P3, this has a name: it is called “shafting your shareholders”....

[paperclip3] 10/12/2019 15:41

So, what are they at? Drive the share price down, and after the FS the company offers to buy back its own shares at 70p, which might then look like a great price. Who knows

[the book of wisdom] 10/12/2019 15:38

A bit surprising for a MM to contribute actively to lower the share price of their client.....

[paperclip3] 10/12/2019 15:27

Cantor the guilty party. Not sure what they are at.

[the book of wisdom] 10/12/2019 14:55

I do not believe in coincidences especially with small stocks....

[ruskie123] 10/12/2019 14:40

Cantor all over the ask. Possibly them shorting now

[the book of wisdom] 10/12/2019 12:51

Brad, only a few weeks to wait for the results of the last well and the feasibility study according to what I have read here. What they are will tell us if the big sell was a distressed seller or if this seller just had a wonderful intuition. ....

[brad44] 10/12/2019 10:19

fxxkin hope so..i think its the word distressed that gets people hopping on hot coals..ive been here long enough to go back to lows if necessary and await the blockbuster as and when..gla

[ruskie123] 10/12/2019 10:13

Correct P3, not ZOL related but a financial one apparently.

[paperclip3] 10/12/2019 09:03

That would be inside information Brad; I don't recall seeing signs of insider trading in the past. Could be as simple as someone with bills to pay at end year. If the FS is as positive as some expect, then the current share price will be a distant memory.

[brad44] 10/12/2019 08:45

hope that it wasnt what was in the FS that caused our distressed seller p3