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juyamah 02:18 |
Re: my first post As with most AIM listed stocks the share price is subject to manipulation and many on this board believe that is what has happened here being held artificially low to encourage private investors to lose faith and jump ship, allowing stake building by larger investors at knock down prices.We are entering an interesting period with the confirmation of the asset size due soon (jorc) this may move the price higher but even if it does it will still be a long road to production assuming the company don't sell the land to a larger mining company and move on.My advise is to look elsewhere for your investments, look at SXX a potash company with a major asset in the UK and who are building a top class management team.Others you might look at are IGAS, ALK, and ZOX all of which on paper look safer long term buys.I hold shares in all these companies along with EDL to spread the risk but even I am getting weary of this share though that said I will be here for the long run. juyamah |
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DowntownGirl 22 Feb |
my first post Hi everyone, I have been looking at investing some funds from divorce settlement I have noticed EDL share price has dropped from high point of around 2p but i cant see why, could any of you explain the reason for this please? thanks dtg DowntownGirl |
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the debit coll... 22 Feb |
Re: Jorc are they Glen have u been praying again? the debit collector |
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chris90 22 Feb |
EDL ok that seconed link dosent work |
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chris90 22 Feb |
EDL According to the geological survey carried out by a Norwegian Geologist F. Ruden 23 years ago, there are approximately 18 million metric tones in Rukwa region. [link] click on the link below and read the top link [link] Namwele - Mkomolo: Proven 1.5 m inferred reserve 17.2 m Muze: Proven 3.41 m inferred 56.59 m Total 73.79 m |
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Glen Hoddles R... 22 Feb |
Re: Jorc Lol, it's taken a while, but things are looking "pretty good" !! Glen Hoddles Right Peg |
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tomandsam 22 Feb |
Re: No Subject Maybe Mike But I would guess they bought in knowing something that we didn't as it's not easy getting money at the moment. So why then start selling? tomandsam |
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TillyWolves 22 Feb |
Re: No Subject I agree.. To buy at 0.25, then reap a nice profit at 0.4 would do nicely for the money men. Remember, these people only put up the stake money for EDL. They dont need to have any faith in the company to sell at these levels for a profit. Thats how a placing to raise capital works, and why it was done BEFORE the announcement, and not after. TillyWolves |
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mrJimV 22 Feb |
haddy68 We will do ok this is so cheap at this SP , well worth the wait won`t be long now for news , GL |
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mike_mac 22 Feb |
Re: No Subject Isn't it a simple case that some of those that took part in the placing are selling into demand, because of anticipated good JORC, and making a great profit? MM mike_mac |
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tomandsam 22 Feb |
Re: No Subject Malkis I don't think ric08 is a ramper. He cannot possibly be that stupid. I think he is doing what he is doing to keep the price down. All he does is spout utter rubbish all day long and never replies to anyone. Typical deramping if you ask me.The thing I find most annoying is that even if you put him on ignore as I have, you still see all the replies to his drivvle. tomandsam |
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JUGGLER 22 Feb |
edl on trend to rise here this week ;0)) |
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MB40 22 Feb |
Re: No Subject The MMs aren't helping perception either.Every day the same pattern:Let the buys go through as buys....raise the ask but not the bid (widen the spread)This then lets them put all buys through to show as sells....drop the ask again....it's just silly shinanigans creating false hope every day wearing pi's thin.Saying that, I'm here till JORC (and hopefully beyond) so intra-day doesn't really matter. MB40 |
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malkis 22 Feb |
Re: No Subject i've only got a very few of these left and luckily sold out most at a tiny profit ages ago i have to agree with you. One way i have ALWAYS JUDGED A COMPANY IS DIRECTORS HOLDINGS and the fact that they only hold £15000worth between them (as far as i know) doesn't give me much confidence. gla the way rico 08 ramping this up every where doesn't help either warm regards malkis malkis |
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royalgv 22 Feb |
Re: Tomandsam I know what you mean. This share does not behave like a share that is on the cusp of a major value enhancing announcement. Like most others, there is no point me selling and so will sit and wait. Don't understand why the JORC has been delayed for so long. At the beginning of Nov 2011 the board were confident of publication by year end. but here we are almost at the end of Feb. What are they doing about it?Placing - 455m shares announced by Holdings RNSs - who has the other 545m?PR - Not good. They don't even acknowledge your communcations let alone respond.Simon Rollason often talks about maximising / enhancing shareholder value in the near term - try harder Simon....Rant over - back to sleep until JORC.GLA royalgv |
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tomandsam 22 Feb |
No Subject I must admit I am starting to get a bit worried. There are too many of these being dumped every day and I cannot work out why. Something is going on. It is not like normal trading as everyday big chunks are being got rid of. I am not deramping as I do own stock but am thinking out load for some ideas. Likewise thats why there's no big red sell banner on the topic. tomandsam |
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Janner50 22 Feb |
Re: Jorc Is your punt working ok in RKH Glen? Janner50 |
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Glen Hoddles R... 22 Feb |
Re: Jorc YehYou're right, do your research and at the end of the day you have to take punt.Thank you Glen Hoddles Right Peg |
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yehipers 22 Feb |
Re: Jorc holding in EDL, but honestly is it nailed on the JORC is going to be a game changer,----------------------------------------------------------------------------------------------------until it arrives in the public domain nothing can be nailed as to the effect the jorc will have... hype and rumours will of course say its going to make edl, or break edl ... without insider info, you just have to take a guess and hope you're right! yehipers |
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Glen Hoddles R... 22 Feb |
Jorc I am holding in EDL, but honestly is it nailed on the JORC is going to be a game changer, thinking of buying another wedge. Glen Hoddles Right Peg |