Video: Rick Rule says You Have To Own Gold BECAUSE It Hasn’t Performed Yet!
Perhaps the best known investor in precious metals, Rick Rule, is, not surprisingly, bullish on gold. In this Q&A format podcast Rick discusses the importance of understanding the different stages of a bull market and the potential opportunities with mining companies. He also emphasizes the need to mitigate risk when investing in junior mining companies.- By Tom Winnifrith |
- 21 December 2023, 11:10 |
premium content
Amaroq Minerals – expanded prospectivity and progress update, further massive upside from a winning share tip!
Amaroq Minerals (AMRQ) has announced “significantly expanded prospectivity of its 100% owned Nanoq gold project” and “successful completion of ~10,000 line kilometres of geophysics, with all results now received for detailed interpretation”, and the shares have ticked higher to 63p.- By Tom Winnifrith & Steve Moore |
- 21 December 2023, 11:09 |
premium content
Chill Brands is still not telling us what matters as it wins a supermarket deal
I have never disputed the ability of Chill Brands (CHLL) to get its nicotine free vapes into stores. My pal Ray Ingelby is a magician in that regard. The issue, as ever, is reorder levels and while Chill says it has had some it continues to dissemble on how many. It is also strangely silent on how little cash it has left.- By Tom Winnifrith |
- 21 December 2023, 10:35 |
premium content
Alien Metals shares just 0.21p and falling: when’s the next bailout placing?
As a long term bear of Alien Metals (UFO) I have flagged up numerous undeclared related party and other sordid deals. This company has always been drowning in red flags and is the sort of shite AIM could do without. Now for some maths.- By Tom Winnifrith |
- 21 December 2023, 10:04 |
premium content
Helium One Placing Disaster and Disgrace – Lorna Blaisse wins the AIM Sports personality of the year!
Okay, Lorna did not win anything this year and in fact lost investors stacks of money. While Stuart Broad had a year of glory that will go down in history that is not the point and so following in the footsteps of that bird from Milestone who lied about a fund raise, this year’s AIM Personality of the year is ….Lorna Blaisse of Helium One (HE1). Cripes how Lorna has fucked things up but we are told that these days we should ignore that and celebrate more boardroom diversity.- By Tom Winnifrith, the Sheriff of AIM |
- 21 December 2023, 09:20 |
premium content
Atalaya Mining – Main Market Debut Delayed But Worth Hanging On For More From This Winning Tip
I suggested that AIM-listed Atalaya Mining (ATYM) was worth a short-term flutter on Sunday 3rd December. The market capitalisation was then £457 million, since when it has moved on to £523 million (last seen) – a gain of around 14%. My thinking was that its proposed move to the main market alongside being re-registered in order to qualify for inclusion in FTSE indexes would see a re-rating. Well, so far, so good. But this morning there came a fly in the ointment.- By Nigel Somerville |
- 21 December 2023, 08:49 |
premium content
Ariana – All On Track At Tavsan As Drilling Results Come In
AIM-listed Turkish Gold producer Ariana Resources (AAU) has announced some drilling results from its 23.5%-owned Tavsan project, where the good news is that mine construction is in line with current scheduling.- By Nigel Somerville |
- 21 December 2023, 08:17 |
premium content
Bulletin Board Moron of the Week can you beat this musicMagpie owning poltroon by Christmas?
Can you find a dafter post than the one below - and you might hunt happily on Canadian Overseas and Versarien boards today - from the LSE Asylum musicMagpie (MMAG) thread. For the avoidance of doubt, as explained HERE, I expect magpie to go bust in 2024 and shareholders to lose everything. But some folks are still fighting.- By Tom Winnifrith, the Sheriff of AIM |
- 20 December 2023, 16:46 |
premium content
My two share tips of the year 2023 update – as the other also now gets a recommended offer...
Last December I offered up two share tips of the year for 2023. I previously wrote on these in an ‘as the last 2 weeks of the year approach update’ last week – and now the second has followed the first with a recommended offer for the company...
- By Steve Moore |
- 20 December 2023, 16:45 |
premium content
Tom Winnifrith Bearcast: 2 more monster triumphs, vindication, Metaxa, etc, etc, etc
In today's podcast I discuss: Vast Resources (VAST), Versarien (VRS), Canadian Overseas (COPL), swearing and Nigel Wray vs Catriona and Matthew's Dog, Kefi Gold & Copper (KEFI), Belluscura (BELL), Helium 1 (HE1) and a statement needed, Tortilla Mexican (MEX) and Nightcap (NGHT) where alarm bells must now be ringing very loudly.- By Tom Winnifrith |
- 20 December 2023, 16:18 |
premium content
Mission Group – trading expected to be in line with “revised outlook”. Er, what was that outlook again?…
Digital marketing and communications agencies business Mission Group (TMG) commences a “trading statement” announcement with “trading for FY2023 is currently expected to be in line with the board's revised outlook, as outlined in the Update… on 23 October 2023”. Hmmm – that’s only just over eight weeks ago, so not a great achievement anyway, but what was that “revised outlook”?- By Steve Moore |
- 20 December 2023, 15:45 |
premium content
BlueJay Mining: you couldn’t make it up, its ‘avin’ a giraffe, disgraced McIllree is back!
Seriously this is worthy of April Fool’s Day. Rod McIlree was the promoter who pumped BlueJay Mining (JAY) shares hard on the back of the Dundas project in Greenland. Subsequent to his departure a new team admitted that all the money had gone and that the Dundas numbers pushed by Rod were all wrong and it was worthless. And so with the company running on vapours….- By Tom Winnifrith |
- 20 December 2023, 14:38 |
premium content
Another ouzo for the Sheriff, vindicated again: Canadian Overseas: The fat lady warms up as it defaults on debt
And to think that Canadian Overseas Petroleum (COPL) founder Arthur Millholland said that I was a “snake oil salesman” and did not understand accounts. As the Fat Lady now books a ticket to gig with Arthur in the socialist hell hole of Canada, the shares have collapsed again, to just 0.4p. They were 25p when I first started exposing this crock 20 months ago prompting that misleading RNS response from Art. The shares should be suspended now as Canadian is now totally screwed. It is a zero.- By Tom Winnifrith |
- 20 December 2023, 13:55 |
premium content
Petrofac: Big contract wins but no update on how it will solve its balance sheet problems, I'm shorting more and here is why
I promised that I would report this morning on Petrofac’s (PFC) trading statement. At pixel the shares are 31.6p, up 41% from yesterday’s close. At the peak this morning they touched 37.2p, scoring a massive 67% win for the bulls, all of whom seem to be in my timeline this morning, less than politely telling me what a fool I am.- By Evil Banksta |
- 20 December 2023, 13:24 |
premium content
Strip Tinning – fundraising ‘to capture the EV opportunity’, or to fund continuing cash burn?…
Describing itself as “a leading supplier of specialist connection systems to the automotive sector”, Strip Tinning (STG) is “pleased to announce” that it has conditionally raised gross proceeds of £1 million through the issue of 2.5 million placing shares and £4 million through the issue of convertible loan notes “to capture the opportunity within its EV division and to, inter alia, invest in the commercialisation and continued development of the company's CCS product aimed at the EV battery pack market”. What of this and a current 42.5p share price?- By Steve Moore |
- 20 December 2023, 13:14 |
premium content
VINDICATED YET AGAIN! Versarien – dire trading update, share consolidation needed ahead of yet another bailout placing required to stave off insolvency
Today’s dire trading update from Versarien (VRS) has managed to hammer the share price down a further 50%. The shares are now. At 0.15p, down by more than 99.9% in just five years. More ouzo for the Sheriff of AIM for hundreds of exposes penned in the face of death threats, harassment of my wife and industrial trolling and who has called this superbly. But let’s start with the good news for the morons who ignored me.- By Tom Winnifrith, the Sheriff of AIM |
- 20 December 2023, 10:02 |
premium content
Don't follow the Bank of England too closely as an investor
The Governor of the Bank of England and I must be related somehow, albeit his direct ancestors over the last century or so had much more access to any of the money than my direct ancestors did. Interestingly, there was only one of us who studied undergraduate Economics but, then again, only the now Bank of England supremo started his career at the London School of Economics and then the Bank of England itself whilst the closest I have been with the latter is visiting its rather good museum (worth a trip in my opinion). Anyhow, the reason I am rambling on about Mr Bailey is that today's Consumer Price Index (CPI) numbers are rather good news for him. Interest rate cuts set fair for 2024 then?- By Chris Bailey |
- 20 December 2023, 08:49 |
premium content
Pensana to Rediscover its Magic
Three years ago Pensana (PRE), a specialist in Rare Earths and the metals crucial to the development of electric motors, was the best performing share in the London market. In less than 12 months its shares soared tenfold from 20p to over £2 a share.- By Tim Blackstone |
- 20 December 2023, 08:21 |
premium content
CyanConnode – interims, ‘there could be a requirement for additional funding for working capital’, or does it mean for continuing losses?
It is now over a year ago since I wrote on CyanConnode (CYAN), which describes itself as “a world leader in narrowband radio frequency mesh networks”. I concluded then that, with cash collection and net cash flows very much still to prove, at a 12.75p share price I continued to avoid. So what of now the company’s results for its half-year ended 30th September 2023?
- By Steve Moore |
- 19 December 2023, 15:00 |
Nate Anderson of Hindenburg, the bear of the year, gracious with his praise on Tingo
Nate Anderson of Hindenburg has undoubtedly been the bear of the year with a string of scorching dossiers. But he is gracious enough to share credit where it is due. Now how many of those Bulletin Board savants who like to slate me have their work recognised in this way? Ok fools: carry on dismissing my analysis and exposes as you do. It's your money you will lose.- By Tom Winnifrith |
- 19 December 2023, 14:41 |