dickie3times
27 Jan 2015
...and, if you're in OIL.... ...... I'm reducing my holdings in OIL for quality precious *metal miners, *pharmas and *tech stocks >The tech industry looks ever more exciting with newer technology, especially the applications of 'facial recognition' that has got hundreds of companies interested including the worlds airline industry....?...sink or swim?Big decisions in the oil industry as the oil price continues to collapse. Will the oil industry go into 'schizm' (a word usually reserved for the church)? Investors must decide as the industry is about to end 120yrs of control over the world's oil energy resources and give way (finally) to the innovations of the electric vehicles powered by 'lithium' batteries...the big car makers are slowly switching to electric and will survive, while the oil industry will suffer huge losses and inevitable mergers or take overs, giving the small investor a chance, maybe to get his money back.....if that is, someone wants to buy out the company. Do or die, sink or swim, that is the decision many oil investors are making right now?OIL STOCKS ARE IN SCHIZM...........BUT, history has shown that oil always recovered. However, with the advent of the 'electric' car, big industustry are slowly but surely making a change to the new sleek, fast all electric vehicles. So, where does the future in oil leave investors? Is oil losing out as the worlds No1 commodity....after 130years, the oil industry could collapse, never to recover?~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~Oil Drillers ‘Going to Die’ in 2Q on Crude Price SwoonJoe Carroll Jan 22, 2015 9:39 pm[link] drillers will begin collapsing under the weight of lower crude prices during the second quarter and energy explorers who employ them will shortly follow, according to Conway Mackenzie Inc., the largest U.S. restructuring firm.Companies that drill wells and manage fields on behalf of oil producers will be the first to fall after the benchmark American crude, West Texas Intermediate, lost 57 percent of its value in seven months, said John T. Young, whose firm led the city of Detroit through its 2013 bankruptcy.Oil companies have slashed thousands of jobs, delayed billions of dollars in projects and dropped or scaled back expansion plans in response to the prolonged rout in crude prices. For oilfield service providers that test wells and line the holes with steel and cement, the impact of price reductions forced upon them by explorers will start to pinch hard during the second quarter, Young said Thursday.“The second quarter is going to be devastating for the service companies,” Young said in a telephone interview from Houston. “There are certainly companies that are going to die.”Oilfield-service providers are facing a “double-whammy,” he said. Even as oil companies are demanding 20 percent to 30 percent price reductions, they’re also extending wait times before paying their bills, enlarging cash-flow gaps for the drilling and equipment firms, he said.
dickie3times
27 Jan 2015
Not ready for Room 101.......but ...getting closeHow long do we wait for this never ending round of 'exaggerated' 'over-rated' updates that appear to do nothing for the share price...?I have not yet put NMG on my list of 'scammers' that seem to exist just to raise cash for 'wages'..?However, good news after many years could come at anytime? This tortoise COULD still deliver. No company would conceivably con so many investors for so long unless of course, they (the investors) can 'see' progress at the end of the tunnel...however, if they don't come up with better updates for much longer pi's will put this firmly into Room 101.This post from me to danpoe after he suggested that many companies exist 'just to pay wages' >Fri 22:18 ENEG.Ldanpoe.....Total failures, just a scam to collect their wages.~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~~~~~~~~~ ~~~I've been saying that for years, yet i get ridiculed for suggesting such. You are the very first poster to say what i have 'known' for years. I had clear reservations that many 'tiddlers' on AIM are just there to raise cash, keeping the coffers topped up by endless placings and progress remaining at nil bar the odd "We are pleased to announce" Rns just to keep interest at a pitch.eg....a few that spring to mind...that have really been 'at it' for years, conning investors of their money with no real progress to becoming a cash generator from real earnings bar-placings..... VAL, HER, RRL, KRD. SOLG, MARLl, MNC, WHE, SAR...etc. The list goes on but although some AIM stocks are genuinely progressing towards production or a t/o, we must all be aware of the many companies that issue 'great updates' yet have been issuing placings for years, diluting the shares. The worst of them..consolidate the shares. A very high% of consolidations is a signal to get out and is just another facet of fooling the already fooled? gla
BullSpread
19 Jan 2015
added small top up. gold sentiment seems to be turning.
Jovari
16 Jan 2015
Re: yeah yeah, i know, off for the winte... Since the shock news of the Swiss Franc over the last 24 hours, Gold & the Dollar are now considered as safe havens, so we should see an increase in the SP !
BullSpread
15 Jan 2015
Re: yeah yeah, i know, off for the winte... an update now would do miracles for SP given the backdrop of Euro weakening significantly and Gold price rising!!!!!bought a small position this morning GL,B
Jovari
14 Jan 2015
Re: yeah yeah, i know, off for the winte... It is not a shiite share as you put it, Noricum have not started commercial drilling yet. It takes a long time to get to the real commercial drilling stage, with many permissions and regulations to stick to. I wonder if you were the MD would you have the experience to do it faster! Hambro Mining have stated at the weekend that gold will come back in 2015, due to its safe haven quality. If you follow other mines from start up it is very much the same story and indeed the world economy has also had a downward affect on the share price. Just be patient , if you can.
spudmurphy1
13 Jan 2015
Re: yeah yeah, i know, off for the winter? Dickie, the silence is because we are embarrassed/shamed/nullified/whatever at having invested in such a shiiiite share.or have sold.spud.
dickie3times
01 Jan 2015
yeah yeah, i know, off for the winter? But no one posting..unfrigginbelievable?
dickie3times
01 Jan 2015
I've had NMG on my radar.... ...for some time but have all but given up on them and hadn't check'd them out for a few months. It's looks as if the regulars on here are giving up also...no posts since October. I remember losing quite a bit on these last year, buying at 1.5p and 1.7p on "the bonanza RNS" only to see a massive placing the next day at 1p.I REMEMBER posting on here some profound profanities towards the ceo..."hoping that someone should twist his nuts up his aris".I really can't believe that my wishes have not been carried out?
