I bought into these as a punt over 10 years ago when they were Sunrise Diamonds, made a few bob when they got to 2p, think Tertiary Minerals still own a large percentage of these and have the some of the same board members.
My problem with these two companies is, they seem to find sources of minerals and they then just sit there doing nothing, never get developed. They just drill bore holes every year and think that is enough.
I have been waiting over 10 years for them to open up one of there resources and mine it, Tertiary are now getting closer, but how long do you wait.
IMHO, they would be better off selling these finds to a company who can develop and mine the products they find to make a profit, but they never have.
Good luck to you guys with shares in this, it is a long term investment.
So this is the last day of trading for 2017. This could be one to buy into, top up and hold for a potential double your money or more ride. GLA for the coming year and it will be interesting to see where we are with the sp in 12 months.
Over last two days in top risers and top fallers the spread is 14% and its all in that i feel.
The crooks in the city , taking advantage of those unfamiliar with dealing.
Widows and orphans among there victims.
Hope your correct here Bowood.
I'm not sure i saw the fund raise for 0.15p on 6th Dec. ( Beaufort, they are still not accepting new money )
Might of waited for 0.14p if i had.
so many to keep an eye on... lol
Last year they were 14 December. With the recent fund raise - quite a fair amount for this small cap company - I would expect a very bullish update. With Directors and TYM not taking any stock there could now be a wider shareholder base which is good in my view. A bit of resistance at 0.20p but once through this I expect to see nearer the 0.30p level in the next few weeks. Of course once the major news is announced there should be a major uplift in the MC imo.
I feel we have some very good assets in the ground and these cannot be too far from their potential being realized. Also the interests they have sold to VR could be a good earner going forward - not only the potential cash earnings but the value in the shares as VR develops.
Finally, this potential Pearlite goldmine is showing embryonic signs of holding, as we approach the business end of the story!
In my view, it has, therefore, become a stonking "BUY" despite the incessant day traders, and eventually, proper PIs are set to reap the rewards of holding for a significant asset.
I, myself, have used the finished product in lieu of cement, and it makes a highly durable and attractive alternative.
Risky, as are all AIM shares, but a product to be proud of, following the installation of a new patio.
Yes, great news today but check out the last spike to see the drift back which occurs......and not just the last spike for more of the same.
When there's actual production coming through it will be a different ball game, but whilst we are only at the start of developing a likely asset it's open season for a fast buck for many and then it's rinse and repeat time before you know it.
Folks sometimes need to take a reality check and remember not to fall in love with a share - there's no way it'll ever love you back.
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