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Ex Workers at Avocet Mining seize 1,400 oz of gold - Avocet gives capitalism a bad name
It is the sort of incident that would have Sir Benjamin Dover fulminating about how you can't trust the natives out in Bongo Bongo land. Workers, who Avocet Mining (AVM) fired in December 2014, have seized 1,400 oz of gold which had been produced at the Inata mine. The incident says a lot about the way Western miners rape and pillage across Africa. I'm with the workers even as Avocet shares crash on worries that it may have a funding issue and that it clearly has breached Stock Exchange rules.
- By Tom Winnifrith |
- 24 October 2016, 03:08 |
Ortac and Premier African: Is something brewing in the DRC?
It’s interesting to note recent developments by AIM listed miners, Ortac Resources (OTC) and Premier African Minerals (PREM), where both have taken a shine to CASA Mining Ltd a private Mauritian registered company, led by the veteran geologist Michael Foster.
- By Andre Brand |
- 24 October 2016, 02:45 |
1Spatial Interims - disappointing but now more than discounted
Geospatial and cloud services company 1Spatial (SPA) has announced self-admitted "disappointing"results for its half-year to 31stJuly 2016, though that “management believes the group is still on track to meet full year expectations which is an overall increase on the prior year revenues and adjusted EBITDA”.
- By Tom Winnifrith & Steve Moore |
- 24 October 2016, 02:20 |
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Xtract Resources - moves to the worst Nomad in London: It gets worse...
There are two statements out today from Xtract Resources (XTR) and neither can be viewed in any way as good news. We own these shares thanks to Dragons Den choices by Steve Moore & Gary Newman at UK Investor 2016, and today's admissions prompt me to start filling in P45s for both those writers.
- By Tom Winnifrith, The Sheriff of AIM |
- 24 October 2016, 02:04 |
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AIM Below 1000 Companies and at 12 year low - part 2
On Saturday we revealed shocking official data showing that AIM is now below 1000 companies (we make it 998) and at a 12 year low. It gets worse as a drill down on the 1000 stocks listed at September 30 2016 shows much worse.
- By Tom Winnifrith, The Sheriff of AIM |
- 24 October 2016, 01:21 |
ASOS's Galloping Success Is Astounding - But Can It Last?
Hello Share Bashers. Uncle Tom recently run an interesting compilation of tips from writers on this monumental website. He invited us to think of companies which might emulate the astounding success of shares in ASOS (ASC), the big on-line fashion outlet.
- By Malcolm Stacey |
- 24 October 2016, 01:15 |
Precious Metals Video Update: A Low in Gold & Gold Stocks…?
A look at Gold and gold stocks and their trajectory going forward after completing what appears to be a short-term low. The latest podcast from Jordan Roy-Byrne at Palisade Capital.
- By Tom Winnifrith |
- 23 October 2016, 07:02 |
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Dragon's Den Star Piers Linney sends £21 million of other folks cash to Money Heaven
The PC Gauleiters at the BBC could not get enough of Dragon's Den star Piers Linney: black, working class, Northern, worth £100 million. Ab fab. All he needed to do was come out of the closet and chop his leg off and he would have been the perfect Royal Flush. The only thing was that his CV was not er...true. And documents filed by administrators to formerly AIM listed Outsourcery (OUT) show just what a Walter Mitty figure Piers was. Or maybe it was just BBC lies all along. Pravda does have form after all.
- By Tom Winnifrith |
- 23 October 2016, 05:54 |
Recent CityFibre director sales would make me cautious
Telecommunications isn’t a sector which I follow that closely, but a company called CityFibre recently caught my attention, unfortunately for the wrong reason!
- By Gary Newman |
- 23 October 2016, 05:54 |
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The Chairman's Blog 20: Sir Benjamin Dover of Global Mining Endeavours deals with AIM Regulation, Evil, Jon Bellis & Miss Skirt
Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Ben Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be candid in his approach. Blog number twenty....
- By Tom Winnifrith |
- 23 October 2016, 05:53 |
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Tom Winnifrith Bearcast : a word or two on the ADVFN Results
These numbers from ADVFN (AFN) were snuck out late on Friday. In part they relate to me and I can say that they are categorically misleading and so here I set the record straight. And then I analyse. This may well be commercially damaging for me but I am not going to stay silent this time as I explained yesterday HERE
- By Tom Winnifrith |
- 23 October 2016, 05:52 |
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Challenger Acquisitions – Board director allegedly tells colleague to “suck dick”: Charming!
I thought the Challenger Acquisitions (CHAL) wheel had actually come to a stop after a very quiet summer; however, recent announcements on funding and the New York Wheel indicate that it is still inching forward towards its inevitable conclusion. Thought I would dig around an obvious omission from the latest news and found a few interesting snippets.
- By Cynical Bear |
- 23 October 2016, 05:52 |
K3 - New CFO, we won't hold his MBA against him ( now 133% ahead on share tip)
Orderly business succession is what we like as investors. Folks get old, folks move on and want fresh challenges but well run companies plan for this and do not make a drama out of what does not need to be a crisis.
- By Tom Winnifrith |
- 23 October 2016, 05:51 |
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Has the curse of Daniel Stewart been spreading?
I see that there has been some unhappiness at the Foresight 4 Venture Capital Trust (FTF) AGM, where a major new shareholder revolt almost succeeded in unseating the entire board, voting down the directors’ remuneration report and blocking the reappointment of KPMG as auditor (see HERE). Indeed, the directors saw the revolt garner votes against them of between 47.31% and 49.99% (in the case of the Chairman).
- By Nigel Somerville |
- 23 October 2016, 05:50 |
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Notes from Underground: Wearables will fly out the door this Christmas, unless they are Cloudtag branded
There are two stories that you should be reading this week: one from the top 10 - Cloudtag and the guaranteed $5.2 million order that is not going to happen - think Christmas which is as big a slap to the noggin to the morons as can be given. The other is READ THIS NOW: Give Woodlarks a few quid today to transform someone's Christmas. Whether you had a profitable year or a lamentable one, read this and make your own Karma account will get a bonus.
- By Pizza Hardman Darren Atwater |
- 23 October 2016, 05:49 |
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Tom Winnifrith Bearcast: this is going to cost me hard cash but sometimes you have to speak out
Speaking out against Bushveld Minerals (BMN) today will cost me hard cash but I want nothing to do with this company after its sordid antics of last week. I plan tomorrow to look at how ADVFN's (AFN) results snuck out at no-one is watching O'Clock yesterday do not give a full and fair picture and that may also cost me financially. So be it. 15 years ago I was a failed whistleblower. I think there are mitigating circumstances but I regret it none the less and relay that story. Sometimes, whatever the consequences, you just have to speak up.
- By Tom Winnifrith |
- 22 October 2016, 07:57 |
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Bushveld Minerals - the Pump and Dump webcast with the BRR 4th estate hookers
In yesterday's bearcast I commented on the latest pump and dump by Bushveld Minerals (BMN). My attention is now drawn to a promotional video recorded by CEO Fortune Mojapelo on 17 October. This is just so sordid.
- By ShareProphets |
- 22 October 2016, 07:33 |
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Exclusive: Worthington Shyster Allan Biggar facing homelessness as past business sins catch up with him
Oh dear, oh dear. Don't tell the bulletin board morons on the LSE Asylum but the house of cards that is the fraud Worthington (WRN) is now collapsing faster than you can say "golden ticket". Already facing personal bankruptcy proceedings as we revealed here, disgraced Allan Biggar now faces the loss of his marital home as we can reveal today.
- By Tom Winnifrith |
- 22 October 2016, 05:56 |
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BREAKING: It's back to 2004 lows as AIM sinks below 1000 companies
The Self styled "World's Most Successful Growth market", or to you and me the AIM casino is in deep trouble and will this month see the number of listed companies fall to a 12 year low of below 1000. Fraud, appalling returns, overpaid bloated crony capitalist advisers have all combined to leave this market with no credibility at all. The data tells no lies...unlike the CEOs of most of the companies on the casino.
- By Tom Winnifrith, The Sheriff of AIM |
- 22 October 2016, 05:23 |
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Disgraced Equities First is back: covert £3m share dumping by Edi Truell at Tungsten
Equities First Holdings is back. You remember those chaps who "borrowed" shares from folks like Andrew Austin at IGAS, fraudster Rob Terry at Quindell (QPP) and Ronald Duncan at Cloudbuy (CBUY). Shares in all three companies crashed and all defaulted on the loans so completing what was in effect a hidden share sale. After almost two years the disgraced shysters of EFH are back and this time it is Edi Truell of Tungsten (TUNG) infamy who is dumping shares but wants to hide the fact.
- By Tom Winnifrith, The Sheriff of AIM |
- 22 October 2016, 04:45 |