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Notes from Underground – Most read articles for the week ending 22 April

Published 23 April 2023, 10:47

The most-read non-Tom non-Quiz article this week is The View From The Montana Log-Cabin As Gold Drops Below $2,000 by Nigel Somerville at No 2 or No 4 including Bearcasts.

The Bear case on Rare Earth Minerals – where’s the cash coming from David Lenigas?

Published 19 November 2015, 01:42

With a hat tip to reader Rudyard, I now lay out the bear case for Rare Earth Minerals (REM), another David “Green  Hair Services” Lenigas AIM Casino counter that is monumentally overvalued. The fat aussie share ramper Jabba The Hutt insists he has no need to issue shares. The maths suggests he has to. The shares should fall by 75%. 

Questions for David Lenigas about Cuba - what is the Rushmans deal really worth?

Published 16 November 2015, 00:31

I have already demonstrated that the two “acquisitions” made by Lenigas Cuba (CUBA) post its car crash IPO on the ISDX lobster pot were er…not quite as fantastic as the PR puffery from fat aussie share ramper David Lenigas. Now let’s turn our attention to his partnership with Rushmans which was announced pre IPO. Hmmmmm.

David Lenigas talks bollocks and hopes London can become a natural home for fraudsters

Published 5 July 2019, 13:18

The NEX Lobster pot has new owners and comical David "100 billion barrels of oil" Lenigas has welcomed this on the grounds that the new bosses may ban short selling on the lobster pot. Natch this is total bollocks.

Notes from Underground - A ticket, a tasket

Published 15 November 2015, 05:31

ShareProphets should be sending David Lenigas (pictured left) a thank you basket of mini-muffins as stories regarding his companies have clearly dominated the top 10 this week. Yet he didn't didn't take every slot, the top non-Lenigas stories were covering our old pals Sefton and Quindell. 

Lenigas Cuba announces jv - sadly RNS is packed with what appear to be lies

Published 12 May 2016, 02:25

I am meant to be on a summer truce with David Lenigas so I shall interpret today's RNS from Lenigas Cuba (CUBA) as poor David being hoodwinked by the company he is meant to have done a JV with. That company is Commercial Funded Solar Ltd.

Lenigas Cuba IPO car crash – Minus 80% to sell on day 1 and it gets worse

Published 2 November 2015, 01:46

I hope you had your beer and popcorn ready for the IPO of Lenigas Cuba (CUBA) at 5p because the spread on the shares right now is 1p-1.75p and it gets worse. The “size” is 25,000 to 50,000 which means that you can sell in parcels with a maximum value of £500. If you invested £500,000 at 2p like market abuser Chris Oil did back in July its going to take a long time and a lot of phone calls to get, some of, mummy’s money back.

Vinanz IPO - the stench of the unacceptable greed of David Lenigas, Richard Poulden and their gimp crony capitalists

Published 21 April 2023, 09:33

Where there is a bandwagon to jump on, Big Dave Lenigas will jump on it. The stench is everywhere at the Aquis lobster pot as Lenigas has made a, very unwelcome, return to the UK IPO scene. As ever the stench is of greed. Vinanz (BTC) is ostensibly a sub scale bitcoin miner.

David Lenigas spoof or share support or both? Another red flag vicar?

Published 2 May 2023, 08:23

You would have thought that if you really wanted to buy more shares in your company you would not be ramping the arse off it to try to push the share price up? That brings us to David Lenigas and news today that he has bought 400,000 shares in his Aquis listed bitcoin promote Vinanz (BTC). This stinks and is a sell signal.

David Lenigas calls me a liar ...a riposte from Tom Winnifrith

Published 25 July 2015, 04:48

Not a lot can now get me to take out time from my sabbatical. After a couple of days with my father this week I have been inspired to write the first (short) chapter of the novel which is now with my friend Gary for review. However, David “when I said 3g seismic I meant 2g” Lenigas tweeting that I am a liar and should “get a life” drives me to respond.

Lenigas Cuba - three investors now have cases with Financial Ombudsman re 2p placing scam

Published 3 February 2016, 06:52

Yes one of the three is Brokerman Dan. Some of you may not feel the greatest of sympathy for him but when he and others ponied up a total of £4.2 million at 2p for what they were told was "seed financing" for Lenigas Cuba (CUBA) they were not told that at the same time David Lenigas and two pals were getting more than 50% of the equity in this POS at just 0.01p. That funding was the seed capital and Levi and others were fleeced.

David Lenigas Abandons Twitter and a few Horse Hill thoughts from me

Published 17 October 2014, 13:49

After the episode revealed here yesterday by Doc Holiday, marmite AIM serial CEO David Lenigas has announced that he is to stop tweeting. For a 50 tweets a week man that will be some cold turkey. I just hope he does not try quitting the fags at the same time.

Top broker slams David Lenigas - takes REM & Bacanora off buy list because of Big Dave

Published 16 November 2015, 02:19

It seems to be open season on David "Green Hair Services" Lenigas (pictured left). Today top broker Andrew Monk of VSA Resources who is a mega bull of lithium has taken Rare Earth Minerals (REM) and Bacanora Minerals (BCN) off his buy list just because of the Lenigas factor. And he has also stuck the knife into jabba the hutt, notably on UK Oil & Gas (UKOG). Mr Monk writes:

David Lenigas ramping Wishbone Gold (again), this really is a bit naughty is it not?

Published 4 March 2021, 12:30

Of course, I should not, as a loyal shareholder in Wishbone Gold (WSBN), wish to question the incredible quality of the analysis of the company’s evolving story provided by London’s leading mining analyst Mr David Lenigas. However…

Drug addled Tom Winnifrith is losing twitter followers says the LIAR David Lenigas

Published 11 December 2015, 21:25

I do not follow the twitter diarrhoea of Jabba The Hutt, partly because the fat Aussie share ramper blocked me and partly because his share ramping is just so tedious. But a kind reader alerts me to two tweets today which suggest that David Lenigas is quite simply cracking up.

Shameless tweet ramping from David Lenigas: there should be a law against this

Published 28 February 2024, 11:46

Today the David Lenigas bitcoin ramp Vinanz (BTC) announced it has raised £447,750 at 12p. For lucky funder shareholder Mr. David Lenigas who, along with his bromance partner Richard Poulden, paid just 0.25p for his shares just weeks before a 3p IPO that is more good news. Some of the cash will go to buy more bitcoin miners but most will be used for share promotion: a dual listing on Nasdaq and another one on Frankfurt, a cowboy market that makes AIM look sober and honest.

The David Lenigas ISDX liquidity LIE exposed in full - Afriag tanks on Friday

Published 27 February 2016, 04:29

Throughout the last few months of last year David Lenigas tweeted again and again how an ISDX listing was the answer to all the liquidity nightmares at the bottom end of AIM. Big Dave misled his folowers for reasons I shall explain below but the proof of that lie came on what for me was a good Friday with Afriag. For Jabba The Hutt with yet another lie laid bar this is a disaster.

David Lenigas quits ALL AIM companies? Why? Its ouzo o'clock anyway for the Sheriff: Another KILL

Published 21 December 2015, 03:14

This morning fat Aussie share ramper David Lenigas has, without warning, resigned from the boards of all five AIM Casino Companies on which he sat: Inspirit (INSP), Afriag (AFRI), Rare Earth Minerals (REM), Bacanora (BCN) and Evocutis (EVO). Why?

Open letter to UK Oil & Gas’ Nomad – Does it consider Stephen Sanderson a fit and proper person?

Published 13 October 2015, 07:32

Last night, the BBC’s Inside Out London documentary revealed that UK Oil & Gas’ (UKOG) Stephen Sanderson was the original source that claimed there are “between 50 and 100billion barrels of oil in place in the ground” in the Weald. This wildly optimistic figure was at the heart of April’s Horse Hill propaganda campaign, which caused the shares prices of all the listed companies involved to rocket. UK Oil & Gas half-heartedly tried to distance itself from these wilds estimates, but it is now unequivocally clear that it was behind them. Stephen Sanderson surely now has to go. Let’s see what the company’s Nomad (scandal plagued WH Ireland) has to say about this. 

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