Last week Caracal Gold (GCAT) gave an update for investors where, natch, it did not give us key metrics such as the (lack of ) cash position. It did, however update, us on the position re getting FCA approval for a prospectus which would allow it to issue gazillions more shares so diluting mug punters to buggery. “The company submitted the first draft of the prospectus to the FCA for approval on 18 April 2023. The company is working with its advisers to seek approval of the prospectus by the FCA and will update the market in due course.”
I realise that he has a jet setting champagne lifestyle to support and a luxury holiday home on the Cornish Riviera to maintain, but is there any client that Andrew Monk at VSA Capital will not act for? The rule breakers and insider dealers at Caracal Gold (GCAT)? Tick. The scallywags at Silverwood Brands (SLWD)? Tick. But coffee chain Cooks (COOK) which Monkey brought to Aquis last November now takes the biscuit. It has today served up results for the year to March 31 2023, so let’s look at VSA’s forecasts from an IPO just over four months before the year end. Prepare to be shocked.
After the resignation of PR adviser St Brides which refused to put its name to any more disingenuous RNS releases, it must by Andrew Monk’s VSA Capital that takes the blame for crafting the quite delusional statements issued by Caracal Gold (GCAT). Monk may have been educated at Oriel College Oxford, as he reminds us on an almost daily basis, but where did he learn to talk such cock?
If any investor in both Eden Pharma and also one or both of One True View or Appbox Media is listening please get in touch. Then I move onto the appalling new scandal at Deepverge (DVRG) and also at Microsaic (MSYS), then the insider dealing at Bluebird Merchant Ventures (BMV). Then Amala Foods (DISH) and the chancers at Caracal Gold (GCAT), Andrew Monk's pals. Finally Tern (TERN) is starting to unravel ahead of a bailout placing which is needed ASAP.
But reader Magna Carta says that you all want me to stop mentioning what he terms my "hobby". Matthew's Dog and Catriona will be delighted that I think he can go feck himself, please do feel free to donate HERE. Nearly all of the podcast , as ever, is about companies and I cover: Inland Homes (INL), Moonpig (MOON), Caracal Gold (GCAT), VSA Capital (VSA) and its revenue recognition and the odd company that is Kelso (KLSO). PS did you know that Andrew Monk who runs, what he terms, Very Sexy Andrew, went to Oriel College Oxford? He does mention it now and again.
I end with a discussion about myself, Andrew Bell, his imaginary marathon running g/f and Cheryl - please donate to Rogue Bloggers for Woodlarks HERE. Before that I look at six piggies filling me with despair, are there no rules or basic morals at all any more: Braveheart (BRH), Nanoco (NANO), Caracal Gold (GCAT), Wildcat Petroleum (WCAT), ScotGold (SGZ) and Andrew Monk's VSA Capital (VSA). Has Andrew told anyone today that he went to Oriel College Oxford?
In today's podcast I look at Optibiotix (OPTI), Eurasia Mining (EUA), Jubilee Metals (JLP), Caracal Gold (GCAT), British Honey (BHC), Canadian Overseas Petroleum (COPL), Genedrive (GDR) and Oxford Nanopore (ONT)
Andrew Monk of VSA Capital (VSA) is off on another jolly, this time in Dubai, and tweets today “Very easy to forget the worlds problems in this place - they really are in a completely different place!” Sadly for the graduate of Oriel College Oxford ( has he told us about his education yet today?) the problems for the insider dealers and fraudsters who run Caracal Gold (GCAT) – adviser VSA – just ratcheted up another three levels.
Of course they should. But I explain why they will not. I start with Julie Meyer and urge you all to write to the Forfeiture Committee today. Then I look at Canadian Overseas Petroleum (COPL), Caracal Gold (GCAT) , at Wood Group (WG.) and at Spiritus Mundi (SPMU)
A bottle of NZ Pinot Noir at £15? A fine choice sir to add to your collection but with clients like Caracal Gold (GCAT), still not paying outstanding fees of c£100,000 are you sure you can afford it? Oh, the FCA Enquiry into Caracal hotting up you say, the shares collapsing to just 0.225p, the Silverwood debacle a bit of a £1m pain: you need to drown your sorrows? I understand perfectly. To win nothing at all how, post your caption to respond to Andrew Monk's latest crass ostentatious display of his wealth in these times of austerity, in the comments section below.
I have commented HERE on the scandal of the £216 Lush blow up involving Andrew Monk's VSA Capital (VSA). That is the VSA which is happy to act for the crooked insider dealing market abusers at Caracal Gold (GCAT).as it finds itself under a full blown FCA Enquiry. So who better to lecture, in the tweet below, the ethical chaps at Lush on corporate ethics than Mr Monk? What next? Nadhim Zahawi lecturing us all on why we should pay more tax? Matt Hancock on the sanctity of marriage? David Moyes on how to manage a football club?
I am on the mend but very slowly and still in pain so a shorter than normal bearcast covering Home Reit (HOME), Tintra (TNT - target price 0p - and Caracal Gold (GCAT) also a zero despite today's deceptive RNS with Andrew Monk's VSA Capital's name at the bottom. Now back to bed.
Andrew Monk of VSA Capital (VSA) has spent the past week sunning himself at the Indaba Mining conference in Zim South, attending cocktail reception after cocktail reception or, as he terms it, working. But now he is back and finds his prized client, Caracal Gold (GCAT), in the midst of a full scale FCA enquiry into insider dealing and market abuse. As the first scalp was announced today, I have dropped Andrew a note.
I start with Manchester City and then move onto Tintra (TNT) where i a am now working on a 3rd exposé in three days. It has all the hallmarks of a zero and regulators need to step in. In the same vein I discuss Caracal Gold (GCAT) amid a dash for trash. Then it is onto HUI (HUI) and Powerhouse (PHE) and finally I discuss Vast Resources (VAST) where - as I warned a placing dump followed the Zim diamond pump. This will not be the last bailout placing.
I start with news on ShareStock - we have now completed the speaker line-up and 50% of the seats for September 23 are now reserved - for details and to book your seat go HERE. Then it is Canadian Overseas (COPL), Nanoco (NANO), BSF Enterprises (BSFA) where its placing ahoy and a joke valuation, and then Caracal Gold (GCAT). Finally, I shall be wearing an Ireland shirt in a pub full of Welshmen tomorrow, make sure you all sing Delilah wherever you are.
The FCA appears to be plodding on with its enquiry into Caracal Gold (GCAT) despite the company admitting to a litany of wrong doings including share trading by its CEO Robbie McCrae while sitting on price sensitive information (insider dealing to you and me) and massive breaches of the disclosure rules. This is an open and shut case and McCrae should be in prison. There are also questions for Andrew Monk of VSA Capital. I have sent another letter to the FCA which regulates ( no sniggering at the back) both the Standard List where Caracal’s shares are traded and also Mr Monk and VSA.
I start with an apology for Canadian lie-ins. Then I look at Darktrace (DARK) - Gabriel Grego's new target ,at Caracal Gold (GCAT) and 2 questions for Andrew Monk as the FCA enquiry continues, ITM Power (ITM) and David Beckham stock market disgrace Guild ESports (GILD) and why its deception today matters.,
The adviser to disgraced and technically insolvent Caracal Gold (GCAT), Mr Andrew “the Monkey” Monk of VSA Capital has yet to reply to any of my letters about the insider dealing, undeclared share trades and pledges, undeclared death spiral and tardily declared failed fundings. But he should know that I write to assist him and that I am not on a fishing trip, just trying to assist my old friends at what the Monkey terms Very Sexy Andrew Capital. In that spirit of friendship I have written again, ccing in the fellows at the FCA who are investigating Caracal and its bent board.
In today's podcast I start on Zephyr Energy (ZPHR), then move onto Caracal Gold (GCAT). I cover: Iconic (ICON), African Pioneer (AFP) and wretched Colin Bird, Probiotix (PBX), Optibiotix (OPTI) and Skinbiotherapeutics (SBTX). Then it is Norman Broadbent (NBB), the fraud Supply@ME Capital (SYME) and Versarien (VRS).
Gordon McCrae is a technical consultant to Caracal Gold (GCAT), the company run by his son Robbie who, as I explained earlier, should be in jail. Now as it happens, if we are discussing white collar crime...
A lot of ouzos for the Sheriff for this one! And I am told that there is now an FCA enquiry into Standard Listed Caracal Goal (GCAT) following extensive correspondence from myself. Damn Right, there should be. At 4.45 PM yesterday there was a fess up with the company tripping over itself as it tried to cover up its crimes. This company is insolvent and its directors should be in jail. It is hard to know where to start.
I start with a meeting at the Ha Ha earlier. As each day passes more details are inked in for ShareStock 2023 on September 23rd. More details and ticket booking is HERE. Then onto Kefi Gold & Copper (KEFI), Caracal Gold (GCAT), Vast Resources (VAST), Argo Blockchain (ARB) and then poor Gary Newman and the effect of those poisonous spiders he kissed from Suriname and Audioboom (BOOM)
I start with the FTSE 100. Should we celebrate it "soaring" to the level it was at the time of the war criminal Blair? Then onto Caracal Gold (GCAT) and more bad news on the way, to ITM Power (ITM), Inland (INL), Amigo (AMGO), IGC-Longbow Senior (LBOW) which lies about my anonymity and Tower Resources (TRP) and its desperate attempt to hide a death spiral with a verbose release.
Yesterday I started what is likely to become a series on why Caracal Gold (GCAT) is a zero with shocking revelations HERE. There is more to come. But already there is clear evidence that Caracal has breached market rules in a most serious way not once but twice. Sanction against Caracal, its CEO Robbie McCrae and possibly its advisor and the main promoter of its shares, VSA Capital, is now clearly merited. I have written to the FCA which is the regulator, no sniggering at the back, of the Standard List where Caracal is quoted and also asked questions about Andrew Monk’s VSA.
If the name Caracal Gold (GCAT) does not ring a bell, count yourself lucky not to have this dig in your portfolio because it is a zero and one where the FCA should be crawling all over everything. Until 16 months ago, Caracal went by another name.