The next rns will be more warrants exercised and this is what is holding the share price back. The sooner they are all exercised the better. We should than see a sustained rise up to 10p in the short term..
Staggered to see this falling back again today. Outstanding warrants are the bain of this shares life. We were 4.5p before the license was issued, can't believe so little value is attributed to the mining right. Was expecting this to climb gradually up from 7p. Any rise to the boil is quickly tempered with gradual fall.
Nothing goes up in a straight line - expect a few days were it pulls back but didn't expect 10% retrace. I would have thought there would have been more momentum behind the Tjate licence though, looking at what AMC did in years gone by. Saying that, a smooth rise beats a massive spike any day of the week.
kalan is trader, will be positive in his post when he is in. will be negative when he is out ...
Really pleased with the latest news am on a 150% gain at moment and will ride it further,also looking at buying a fair few of GUNSYND which looks a decent punt at 0.04p
Sibanye looking for another South African asset
That's better - now showing 6.28p close which is more like it - up 35% on the day. Same again tomorrow please. Signing off now for the evening. idg69
Google finance showing a 5.45p close up 17% on the day. What just happened at the close? we should have closed well up on that. Let's see what happens at the opening bell. Shares in Snapchat up 41% on the opening price of 17 dollars - 27 billion valuation for a company loosing money hand over fist, huge debts and no revenue stream. What a crazy world we really live in. When will people wake up and smell the coffee? Bit of an anti-climax to the end of the day.
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