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Notes from Underground – Most read articles for the week ending 11 May

By Darren Atwater | Sunday 12 May 2024


 


Here are the most read articles and the most listened-to Bearcasts over the past seven days. The most read non-Tom article last week is by Nigel Somerville, with The View From The Montana Log-Cabin As Gold Correction Continues And More Dark Clouds Appear at No 11 or No 19 including Bearcasts. 

The most-read ShareProphets articles this week were:

  1. Legal misunderstanding, short Novacyt
    On May Day Novacyt (NCYT) won a court case against the Government. Mr. Market, aka Bulletin Board Morons who are the marginal drivers of the share price here have misunderstood what this means so pushing the shares to 68p, a £48 million market cap. That is your cue to short.

  2. Kefi Gold & Copper – Tulu Kapi project launch progress update, now a compelling STRONG BUY
    Kefi Gold & Copper (KEFI) has announced on Tulu Kapi gold project financing that, with the syndicate parties it is awaiting approvals from, “commitments and independent checks have allowed the syndicate parties to advance their processes and remain on track for completing final approvals this month”, with also the company now targeting an elevated beneficial project interest of 80%. This is good news from a 0.545p share price and, although now up to 0.60p, there looks much further to go in the weeks ahead.

  3. A failed fund manager turned blogger says UK stockmarket fine, buy equities
    No not me silly. I think the UK market has real problems and the fact that Neil Woodford is not in jail is one of them. It is Woodford who bangs the same drum he's been beating for years. Long and wrong Neil writes...

  4. PR Genius Steffi - can someone translate her golden prose into English for me?
    I honestly have not got a scooby what Clem Chambers' PR genius of choice is on about. It is something to do with bitcoin or blockchain but it really is all Greek to me. It reads like a page from one of the Mrs' sociology textbooks explaining why a belief in anything less than 108 genders is heteronormative hegemony based on institutionalised capitalist white privilege. Can anyone translate what Steffi is saying below for me?

  5. BREAKING EXPOSE: Why Eight Capital’s £26m balance sheet is wholly illusory
    Auditors PKF Littlejohn have been associated with a number of companies in the Dominic White/ Alessandro Zamboni stable so it knows which way its bread is buttered. However when it comes to sign off on the 2023 accounts of Eight Capital Partners (ECP) surely it cannot dodge the bombshell which will blow up the balance sheet.

  6. Bluebird Merchant Ventures – shares soar on another farm-out agreement, but looks much further to go
    Bluebird Merchant Ventures (BMV) has announced what it emphasises is “A Transformative Free Carry Structure to Advance c.1.3m oz High Grade Gold Mine to Production”. The shares are more than 40% higher at 0.875p in response, but there looks much further upside potential.

  7. Which AIM boss said last week: Why I define success by making myself redundant?
    Well this is a toughie but the person in question is boss of an AIM listed company and made the claim on Friday. Here are a few hints:

  8. Technically insolvent fraud Supply@ME Capital breaks FCA Rules yet again: does anybody care any more?
    I rather fear that round at FCA Towers the answer to my question is NO! The regulator of the Standard List is great when it comes to issuing weighty tomes on the need for more lesbian visibility week events in fund management as diversity delivers outperformance (hint, it does not) but is crap at enforcing its own rules.

  9. Gotcha! Oxford Cannabinoid, the crazy name Warwick Philosopher gal clearly did not do maths
    My most recent explicit warning that Oxford Cannabinoid (OCTP) was, to use the technical term, utterly fucked, was on 15 February with the shares at 0.51p just AFTER it completed a £1.1 million placing and £500,000 death spiral loan issuance. CEO Ms. Clarissa Sowemimo-Coker might have a degree in Philosophy from Warwick University but she’d struggle to get into Bath Spa to do basic maths.

  10. Letter to Liam Murray: trading statement need from Eight Capital – time to admit the ghastly truth
    There have been two bombshell exposes this weekend about Eight Capital Partners (ECP), the £46million company whose adviser is Liam “the toke” Murray of Cairn Financial. First thing Tuesday Eight should be forced to issuing a statement. I suggest that the evidence that it is worthless is now compelling and have written to Liam as you can see below, ccing in Aquis Regulation.

The most-listened to Bearcasts this week were:

  1. Tom Winnifrith bonus bearcast: no longer an insider on Kefi or Bluebird Merchant, oh what a joyous day
    The great news I've been expecting but unable to talk about from Kefi Gold & Copper (KEFI) and Bluebird Merchant (BMV) has arrived. I discuss and set valuations for both. Meanwhile say a prayer for Kefi obsessed lunatic Magna Carta of this parish for he will be in a terrible state today.

  2. Tom Winnifrith Bearcast: Do I want to catch the Alliance Pharma falling knife on sack Adam Reynolds day
    The Euroloon is making me even more of a health crank. I discuss that and VE Day. Then it is Optibiotix (OPTI), why Adam Reynolds needs sacking at Probiotix (PBX), Wood Group (WG.) in depth Alliance Pharma (APH) and then the latest scandal at the fraud Supply@ME Capital (SYME)

  3. Tom Winnifrith Bearcast: Comrade Brian Basham wins a Beauty Contest for the first time in history
    I start with my pal the champagne socialist who has found new found popularity. Then it is on to: Blackbird (BIRD), Thor Mining (THOR), Diversified Energy (DEC), the frauds Supply@ME Capital (SYME) and Regtech Open (RTOP), Technology Minerals (TM1), target 0p, and then finally Ariana Resources (AAU) and Kefi Gold & Copper (KEFI) where, in both cases, we shareholders should be thrilled by news today. Ariana, in particular, has served up a blinder. 

  4. Tom Winnifrith Bearcast: Don't tell me there is no insider dealing in London!
    I start with my weight loss and today's diet so far, a rare treat of a banana with my breakfast. Then I mention Kefi Gold & Copper (KEFI) and some folks wilfully misunderstanding AIM Rules, Eden Research (EDEN) and its misleading results, Chamberlin (CMH), Ananda (ANA), a disaster in the making with no bank account and finally I do hope that Magna Carta and others are booked in for September 7 HERE

  5. Tom Winnifrith Bearcast: you may think I'm still a fat b*stard but I am proud as new weight hit
    I start on my weight and gardening. Then I flag up that there is another deep dive expose on Eight Capital Partners (ECP) coming tomorrow after yesterday's bombshell. Finally I think the social contract has been broken and I sense many others agree and that is another reason why disgraced share blogger Neil Woodford is still wrong about UK equities.

  6. Tom Winnifrith Bearcast: Oi! Cel AI, once a David Beckham promote, statement needed now
    I start with musings on celebrity endorsements and that leads me to Cel AI (CLAI) and Guild ESports (GILD). Then what if a hippo jumped out of the river onto the bridge to England as I headed to see the Shipmans again today? Did I have a plan B? In that vein I discuss Kefi Gold & Copper (KEFI). Then it is on to the almighty mess that is Tirupati Graphite (TGR), the fragrant Isabel, resigning auditors, a VAT mess and looming insolvency.

  7. Tom Winnifrith Bearcast: A vital mission possible for you in Cheltenham this July? And off to vote for Eden Golan tonight
    I start in the garden before moving into this mission you may want in Cheltenham in July before explaining why I shall be voting for the first time ever at Eurovision tonight, why we should all be voting for Eden Golan. 
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