Seven years ago shares in Tiger Royalties and Investments (TIR) traded at 2p. Today they are 0.25p offer. As at June 30 2012 net assets were £4.4 million. Eight years later net assets were £360,000 and last week the company announced another £500,000 raise at just 0.21p. Enough is enough say shareholders owning just under 6% of the company who are now calling a GM to oust boss Colin Bird. Bird has yet to fess up to this via RNS but happily Winnileaks has seen the requisition letter and thus I publish it below. 

Red Rock Resources (RRR) “is pleased to announce that it has received the Independent National Instrument 43-101 Technical Report on the BMV Gold Project held by JV company Red Rock Australasia Pty Ltd (Red Rock Resources: 50.1%)… It is the opinion of the authors that, after reviewing historical results and other publicly available information and data from the BMV Gold Project, the project presents an excellent opportunity for the issuer and is worthy of additional exploration work, targeting high-grade, orogenic gold mineralization in the Bendigo and Melbourne structural zones” Good news, and not only for that reason…

Of course he cannot answer, or not truthfully anyway. And that is the giveaway.  Elsewhere I look at what has really happened at Big Sofa (BST),  the AA (AA) which is toast, Amigo (AMGO), Asimilar (ASLR) and Dev Clever (DEV). Now to go put frozen peas on my hand and arm.

I am told that you can get borrow in Verditek (VDTK) and that the stock is now shortable. For the avoidance of doubt I am not short, I never am since it would allow folks who own shares in frauds, engage in frauds or promote or enable them to accuse me as having a vested interest and thus compromise my status as an investigative journalist. But if you are into shorting here’s why this company is now at the slow death or quick death point…

Dillistone Group (DSG) has announced results for the first half of 2020 emphasising “returned to profit (before acquisition related items)” and “we believe we are well positioned to deliver growth as we emerge from the current crisis”. What’s the detail from this recruitment software company?…

“Mobile Tornado (MBT), the leading provider of instant communication mobile solutions to the enterprise market, is pleased to announce that Hubbcat, the company’s partner in the Caribbean, has successfully deployed a COVID quarantine track and trace program, utilising the company’s PTT solution, with the Government of The Bahamas”. Onto the covid bandwagon with any financials?…

Of course that is not what Benamor intends to do but it is what he achieves in a long diatribe posted on the internet in which he, naturally, paints himself as the hero of the tale.

Previously writing on business events group Hyve (HYVE), in March I concluded the shares are currently down to around 22p, capitalising the company at around £180 million. I thus suggest material upside potential on macro situation improvement, but currently also in “dialogue with our lenders in relation to covenant headroom and facility flexibility”, for now, still at best on the watchlist. The shares are now around 68p – but that follows a 10 for 1 share consolidation with a rights issue, and now it further updates…

I am sure that most shareholders in Supply@ME Capital (SYME) are ordinary decent folk. Maybe they are a bit gullible but they are not bad folks. But over on the ADVFN and LSE Bulletin boards, the worst of humanity is on show.

Only a week or so until the start of October and the formal start of the fourth quarter of a certainly different year. In the narrow commercial world of stock market investment, many of the thoughts in the institutional world will be about how year-to-date performance against both benchmarks and absolute terms is looking – and whether there are a few tweaks needed in the last few months of the year. For my personal pension fund such considerations should not really matter as – unless I fancy talking to myself – I don’t have to rock up early next year to talk to a much of dusty trustees, excitable intermediaries or comedy line managers about how well or badly my portfolios have done. However, all those years taking the institutional shilling continues to influence and – like the investment sad-o I am – on my monitoring spreadsheet I do have a year-to-date performance column. I have been a fan of PZ Cussons (PZC) for a while…

Hello, Share Troopers. The biggest bakery hit of all time (in this household) is the Greggs (GRG) veggie sausage roll. They’re as tasty as heck, cost an easily handed over £1 and they’re nearly always sold out. Given a crafty publicity exercise, they became hugely popular. And due to their culinary excellence, they’ve remained so ever since. Last year, the innovation helped Greggs to revise profit forecasts upwards five times in a row…

Pensana Rare Earths (PRE) has announced a massive increase in the Mineral Resource estimate for its Longonjo Project…

In April I stated previously writing on B2B information services provider Euromoney Institutional Investor (ERM) I noted, with the shares further down from more than 1300p in January towards 900p, there also clear further deterioration potential in the events schedule for its financial year and in the financial position… The shares did fall towards 700p last month, though had recovered to last close at 875p. They’re though currently down below 850p on the latest, though still capitalising the company at more than £925 million – and with still further sales deterioration potential, I currently continue to avoid. Today “Trading Statement”…

Greatland Gold (GGP) is a company that I’ll happily admit to having been wrong about, as were many others, and a lot has changed since I last looked at it around the time that Newmont Mining had decided to terminate its involvement. At the time, I expected that Greatland would go the way of so many other small mining companies that promised a lot and then failed to deliver, given that Newmont had decided not to exercise an option to partake in a joint venture on its Ernest Giles gold project in Australia. At the time it was extremely early days with Havieron licence area, which is now the main focus of attention and which has turned the company around…

Previously writing on brick model events and shows group Live Company (LVCG), last month I concluded from a base of “Q2 was understandably a challenging quarter for the company and this was reflected in revenues” and a more than £8.5 million market cap, at a 9.75p share price. As such, presently still avoid. The shares last closed at 9.25p but are currently 8.5p on the back of half-year results…

At the weekend, ShareProphets’ favourite technical analyst seemed at his bearish worst, warning that the correction hasn’t played out yet, that gold could drop to the low $1800s and you should keep your powder dry. Of course, in the longer term, Jordan Roy-Byrne of TheDailyGold.com is a major gold bull so he sees a pull-back as an opportunity. On the other hand, I have been suggesting selective accumulation as and when the opportunity presents itself. And yesterday, almost as soon as Roy-Byrne’s thoughts were out, the gold price went into a tail-spin – he is infuriating!…

Dan Levi makes grave charges about Peter Brailey today but has no proof. Peter says he will swear on oath the accusations are false so how on earth can I sack him? I am off to Shipston today clutching a DNA test kit but before going, I will leave you with some words on Dev Clever (DEV), Urban Exposure (UEX), Eurasia Mining (EUA), Kefi (KEFI) and Red Rock Resources (RRR) where I hope Andrew Bell appreciates the literary imagery.

Back in July I observed why worrying about an 80% like-for-like revenue decline at Premier Inn owner Whitbread (WTB) was not an investment-stopping concern for me. I even concluded that, buoyed by the monies raised from this year’s rights issue, ‘I retain my decent sized position and ceteris paribus would add more at around twenty quid’. We will come back to that latter observation later. But today’s first half trading update (for the six months to the end of August) does show a little improvement…

I have now proved beyond any doubt that technically insolvent Verditek (VDTK) has misled investors grotesquely during five separate fund raises. If AIM Regulation was not staffed by such poltroons, the shares would already be suspended. They may still be. So what does that say for the integrity of the man at the helm, the chairman Tory Toff Lord David Willetts?

I commented on Royal Dutch Shell (RDSB) back in May when the share price stood at 1175p, concluding I could be a buyer at a sub 1000p share price. That day has arrived, so I thought it was opportune to update on my thinking…