Hello, Share Screamers. So British GDP fell by a fifth in April. My only surprise about that is to have expected a much bigger fall. With the news outlets determined to put the frighteners on beleaguered share-owners like us, it’s also a wonder that the Footsie is fighting back. But not to we veteran traders who’ve seen it all before...

PetroTal Corp (PTAL) has updated the market today, and as expected has undertaken a placing to shore up the working capital position. The detail reveals how far this company has moved from “debt free” to an indebted producer. The lack of 2019 accounts, and details provided demonstrate just how knackered the finances are.

Retailer of arts, crafts, toys, books and stationery TheWorks (WRKS) has updated including “the company plans to re-open 465 stores across England, Northern Ireland and the Republic of Ireland next week and will look to re-open its remaining stores in Scotland and Wales as soon as possible thereafter” and “the board continues to be confident in The Works' proposition and the re-opening of its stores significantly improves its trading outlook”… and the shares have currently responded higher to 26.4p...

I start with a few thoughts on history as I chat at length to my old teacher. Then it is onto the campaign to scrub Joshua's hero, Chase, from history. Finally I discuss what I shall be doing in, I fear, the rain from 4.30 AM tomorrow. If you have yet to donate to rogue bloggers for Woodlarks please do so as we are now wiothin spitting distance of raising enough to ensure it survives. Please give just a tenner with gift aid ( or more) HERE.  Then I look at US Covid 19 data at Avacta (AVCT) where there is a dual threat to the share price and at Novacyt (NCYT) where implosion is accelerating. Finally a detailed look at IQE (IQE). 

Sound Energy (SOU) limps on. Dracula is still a consultant as the company tries to sell its main asset to a bidder which has no money. Without such a disposal – and I am sure you can spot the flow in this “cunning plan” - the company will be unable to pay its debts as they fall due and will almost certainly go bust. So, what of another hound in Dracula’s kennels, Echo Energy (ECHO), which reported its results today a headline loss of $10 million is pretty good going.

Chris Vermeulen looks at the current market conditions and sees a trend change coming as precious metals, miners, and bonds are all showing positive patterns. He argues thatb sentiment is reaching new highs, and a lot of leverage is being deployed in the markets.

Yesterday I posted up court documents showing the extend of the fraud at Frontera Resources (FRR) the company slung off AIM after serial lying, which now has no assets, no cash and owes millions to its lawyers, former partners and suppliers. You would have thought that those dumb poltroons who ignored my serial warnings and still own the shares would have recognised that the game is up. But no.

Cora Gold (CORA) shares were more than 9p as recently as August, since when the company has particularly published an initial Scoping Study on the Sanankoro gold discovery using $1,400 gold and it last month emphasised “a busy schedule of exploration programmes planned once again. We are confident that positive news flow will be generated throughout the coming months”. With this, gold on the rise above $1,700 per ounce and the shares currently at a 7.5p offer price, giving a below £14.30 million (currently approx. $18 million) market cap, the shares are a buy...

AIM-listed Covid-19 uber ramp POS Catenae Innovation (CTEA) seems to have been forced to issue a warning RNS to its deluded loyal band of shareholders. We warned you here on ShareProphets that the last placing, done with the help of a spoof plan to get a Covid-19 tracking system going, would not be enough to last the company beyond the end of June. Now the company has warned that it is in discussion with its broker in relation to a fundraise at “a significant discount” to the current share price. Time for a glass of ouzo, methinks…..

B.P. Marsh & Partners (BPM) has announced results for it year ended 31^st January 2020, including “we are pleased to be able to deliver a dividend at this time”, noting “at this juncture Covid-19 appears unlikely to negatively influence the portfolio as a whole in a material fashion”...

Hello Share Keepers. As wise Shareprophets contributor Periotlunaire rightly observes: trading shares in Avacta Group (AVCT) is a poker game. While Uncle Tom says we should sell this small medical pioneer because the company is grossly overvalued and the current share price won’t last much longer...

I start with a few thoughts on a local statue that looks set to be melted down but commend my piece earlier on Thomas Guy in the same vein. I bring you the good news that No Gold is alive then discuss Intu (INTU), Frontera Resources (FRR), Avacta (AVCT), the merger of Bahamas Petroleum (BPC) and Columbus Energy (CERP) and Anglo African Oil & Gas (AAOG). Finally we are now almost at £40,000 on Woodlarks (with gift aid). If every bearcast listener yet top donate chipped in £10 plus gift aid tonight we would hit target. Please, please do so HERE. 

Having been trying to emphasise “positive trends… namely encouraging levels of trade across the company's webstores in both the UK and international markets”, now from Angling Direct (ANG) a “delighted with the strong support… raised gross proceeds of £5.50 million through a placing”...

Previously updating on Kazakhstan-focused gold company Altyn (ALTN) last month with the shares rising above 1p, we noted emphasises “significant production increase”, still a buy. Now from the company a “Production and financing update” – and the shares currently up to 1.60p on the back of it...

Oil, gas and renewable energy industries support vessels provider Gulf Marine Services (GMS) yesterday announced a new debt structure which it argued provides it with a “secure platform to sustain recovery”. Now a requisition of a General Meeting from Seafox International!...

The judgement which I publish in full below from the International Arbitration Court is damning. For those, such as scumbag PR advisers Yellow Jersey, the whore blogger Malcolm Graham Wood and Nomad Cairn which, for years, helped the, formerly AIM listed,  FRAUD Frontera Resources (FRR) to raise millions of pounds from mug punters, it is document demonstrating their wholesale moral bankruptcy. Those involved continued to push the shares even AFTER I had shown the company to be a fraud run by liars.

AIM-listed Turkish gold-producer Ariana Resources (AAU) has announced an updated JORC resource at the Tavsan project, owned by its 50-50 Joint Venture with Proccea, which is up by 50% on the previous estimate and 77% of it is now in the Measured and Indicated category. Good news – and the shares have responded accordingly.

And there you were thinking that I exposed Frontera Resources (FRR) as a fraud becuase it was er... a fraud. Au contraire, this was indeed a Great British Company brought down as  part of a global conspiracy and I wrote what I wrote only because i was in the pay of the Russians. Comrades, I guess its vodka o'clock, as i tuck into a lunch of caviar supplied by my friends at the KGB....the things you learn on the LSE Bulletin Board.

Churchill China (CHH) has updated including “we are now beginning to see the first signs of an improvement in trading with growing levels of orders and activity”, though the shares are currently at 1050p, 5% lower...

I last wrote about Johnson Matthey (JMAT) in late March, since when unsurprisingly the share has made some solid progress (although clearly it remains heavily down year-to-date). Back in March I wrote about how the stock would be a member of my top five 'quality longer-term FTSE-100 constituents' on the basis of the range of 'typically high barrier to entry businesses (recycling and refining of precious metals, clean air and car emissions regulation focused, plus batteries and value-adding fine chemicals)'. Well that is all fine and dandy but - as today's full year to 31st March numbers show - it does not preclude profits getting a whack...