Red Rock Resources (RRR) has now this month updated on investee companies Elephant Oil and Juno Minerals – which now look to offer some material further upside potential.

Equity strategist Gareth Soloway is as bullish on gold as he is bearish on equities, He claims one should balance news with chart technicals. I guess he is half right. Gareth says that you want to be aware of new economic data even though his focus is primarily on the charts. 

RSM has filed its joint administrators’ proposal dated 7 May 2021 at Companies House which effectively confirms that Buy 2 Let Cars Limited was a circa £50 million Ponzi scheme with new investors paying for existing investors’ interest and returns of capital.  This is revealed on page 14 of its report which discloses that: 

In an article the other day, I posed a few questions about how the fraud Zoetic International (ZOE) should recognise revenue in respect of its “orders” of $1 million which are almost certainly not repeatable.  A kind reader has forwarded me the helpful PWC publication “IFRS 15 solutions for the retail and consumer industry”, its guide to IFRS 15. The new revenue recognition standard published in June 2018. It is most illuminating. 

Things were looking up at AIM-listed Rurelec (RUR) when I last commented here, but yesterday morning came bad news from Argentina. In honour of which our esteemed site editor has added a video to this article which will bring tears to your eyes. But first Rurelec and its news…

Hello, Share Followers. If you’re ‘owt like me, you’ll have lost a lot of money in small miners over the years. It’s remarkable how many companies with rosy early prospecting reports never find the treasure they’re looking for. Not enough to make it commercially viable, anyhow. However, on the rare occasions when the ship comes in, a share price can multi-bag in days.

The good news is that Rogue Bloggers for Woodlarks inches closer to target. The bad news is we inch there so if you are yet to donate please do so HERE. In today’s podcast, which will please Matthew and his dog, I discuss Easyjet (EZJ), Amigo (AMGO), Zoetic (ZOE) and the fifth stage of moronism – Trainline (TRN), Bahamas Petroleum (BPC) and Purplebricks (PURP).

It has been busy times over the last month or so. Globally lots of companies have reported their first quarter updates or – a bit more in the UK alone – some end of March half year and full year updates. There are even a few names which are hosting their AGMs…and I have not even mentioned the latest updates on the COVID-19 vaccine elements and the madness of bitcoin. Three quick updates on names I have written about over the last few months.

So far shareholders owning just over 1% of Uk Oil & Gas (UKOG) have joined the campaign to sack the grotesquely overpaid CEO Lyin’ Steve Sanderson. But given how few shares the board own and the lack of any institutional ownership it will not, in my view, take more than 10% of the equity to send Pinocchio packing. As such we wholly endorse those behind the site below.

Eight days ago, Eurasia Mining (EUA) said that it was in talks with a credible party which had made an offer to buy essentially all of its assets and that if the deal went through it would become a cash shell after paying a “significant” dividend. Guess what? Today there is a $20 million placing. For such. Almost criminal. Spoofery to happen once is – on AIM – understandable, twice looks like carelessness.

The last time I was on a plane was in January 2020 and – as it happened – it was an easyJet (EZJ) flight. Over the years it is probably the airline I have travelled on the most, so certainly I am a bit of a fan. It also meant that I bought some stock during the dog days of last year. But what do I do now?

Previously writing on Nexus Infrastructure (NEXS), in February I concluded with the trading recovery required from here and indeed the noted pre-Covid performance, I continue to avoid. What of results for its half-year ended 31st March 2021 then?…

First, whatever Aquis was called back then booted US Oil & Gas (USOP) off for telling porkies. Then it was the Danish GSX Exchange where this company was once valued at £300 million which booted USOP off for telling porkies. Now we have a hat-trick which is quite some going for wee Brian McDonnell – the liar who runs this fraud which I have documented fully on this website. But this time I think it is Brian who wanted the shares booted off. Let me explain.

Shares in the fraud Zoetic International (ZOE) collapsed yesterday to a new year low of sub 52p but this morning have staged a brief rally as the truly deluded have tried catching a falling knife. Meet Czar on the ADVFN asylum.

Thanks to the pressure applied by major dossiers and a string of exposed published by myself and by the Dark Destroyer, Matt Earl, a new management team at First Derivatives (FDP) has started to clean up its act. I got the FRC to force it to change its misleading accounts. And the old, very whiffy related party/Panama Pump deals of the ancient regime are gone. But yesterday’s results show that without the gloss of aggressive accounting and dodgy deals, what is left is a dull business but still one on a glamour rating. My original bear call – sell at £46 on 28 June 2018 – was spot on. The shares are now £22.25 to sell but still a slam dunk sell. Here is why…

I’m feeling a little smug following my call last week that the bull-market everything bubble was rolling over and Gold was the place to be, especially vis Bitcoin and technology stocks. Of course, there is plenty that can bite me on the backside so I won’t get too smug – not yet, anyway – but with Gold now trading above $1875, having plumbed the depths of the $1600’s twice in March, the question is what now? Should we be piling everything into the yellow metal ASAP?

Hello, Share Fans. Recently, I suggested you look at Blackbird (BIRD) despite the fact that it’s a cloud company, which puts some people off. The nice thing about Blackbird though is that it has some very strong orders flying in. And once it’s signed up a big name, it’s rather hard for the client to pull out in future years. Not unless it takes the expensive step of setting up a new system.

I start with good news on Rogue Bloggers for Woodlarks - see for yourself HERE. Then a few words about incredibly exciting work today at the Welsh Hovel. Then onto bitcoin, China and Argo Blockchain (ARB), which links to Zoetic (ZOE) which really is starting to collapse. Then onto the arrogance of the City, Neil Woodford, Andrew Monk and Hurricane Energy (HUR).

Suddenly we dinosaurs who did not understand why a worthless piece of code, which was inherently vulnerable to substitution by other worthless but cheaper pieces of code, was so valuable don’t look quite so dumb. Bitcoin is down by 18% at sub $35,000 having been $64,870 just four weeks ago. This time it is not the prick Elon Musk to blame, the bubble today is being pricked by China.

Self-styled “the leading UK focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market”, Safestyle UK (SFE) is “pleased to report… trading and financial performance has continued in line with recently increased market expectations”, including “order book remains at levels similar to 2021’s strong opening position which continues to provide good visibility of near-term revenues”. Sounds encouraging, but what are the specifics?…