Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Buy Bushveld Minerals – bank gains in Nostra Terra and Petro Matad

By James Parter

6 June 2014 10:10

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Today folk I update you on several fronts. First of all I will bring an end to two trades that I started in January. I said to sell Petro Matad (MATD) at 10.25p. It is now 3.75p. I said to buy Nostra Terra (NTOG) at 0.25p. It is now 0.34p. Well done to anyone who followed in and made stonking gains of 64% and 36%. Close out both now and take the cash.

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Comments

wildrides

6 June 2014, 12:29

Sold my NTOG yesterday just above break even after what felt like years of averaging down ……what a relief .
Like the sound of your BMN tip …..might well have a flutter there.
I am gonna watch your Ferret like a hungry hawk .If they get a “funding resolved” type RNS it will fly . Or more accurately go up someones trowsers like a rat up a drain pipe. Probably up the trowsers of the CEO of the defaulting payment outfit . Jaws open ready to bite . Its gonna hurt in the morning ! There will be blood on the carpet etc etc. Nowt worse than an angry petulant Ferret.
knownobounds

7 June 2014, 07:50

The price target quoted of 31p for Mining Capital may be bogus. A link to a small two page report , which was held on a free site, was posted on bb’s last week , but there is no valid company information attributed to the document. No company of that name appears to exist. You have to question the motives of whoever may have produced it and promoted it. As far as BMN goes, at around 4p it probably is a speculative buy. A lot seems to hinge on a CREC agreement but this is unlikely in the near future, and the sp has struggled this year, not helped recently by the selling of additional company shares to raise funds.