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jaywall

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About jaywall

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  1. I second that nohpc. I think the time is now to move to exceptional plays and producers/near producers/fully funded to be producers on AIM, pick the ones from the recent rise who can sustain that growth. There are quite a few on AIM, no froth required. Best of, Jaywall
  2. Hi all, Just a quick note for anyone who's interested. Since mid Jan i took a long look at my holdings and an even longer look at my watch list, done some more reasearch and it's paying off at the mo. Im now 70/30 oil/Mining. Its easy to say now i know but i got into EOG and CAD ahead of time. Im still holding both and expect more from them. SLE and RRL i have been holding a while now, both have so much potential. JP Morgan paid more for SLE than i did ! woot ! Next up in oillies, which i am hoping i reach target on *any* other share to move more funds into (if it doesn't happen i might just forego my target) is DPL, i have some already and hope i can move more in before they start to release news about Block7 Tanzania. XTR and ANR complete my oil/energy plays for the time being, i will be moving more into these two as i can. RRR and AMC remain my primary mining plays and im happy to hold them both, plenty of upside potential for them both and RRR downside is so small is practically upside. AMC still awaits the final part of their licence and it could theoretically be refused making it a bit of a gamble, but one with odds i like. Best of, Jaywall
  3. Hi It's started, You are talking about a lot of money there and i would suggest the last thing you do is take advice from an internet chat room ! Unless you friend has a background in investment then it will be worth the sum paid to talk to an independent financial advisor. Every investment carries an amount of risk, and your friend needs to consider many options. There is no other answer, look for a good FA in your area.
  4. G-Man ....you said it yourself, you have done well on stocks you have held. Grow a pair man ffs ! You are either investing on fundamentals in which case sit on your hands until you reach your target or you are investing on the technical's in which case you are doing spectacularly badly in this market. I suspect your are doing neither and just chasing shiny's. You got some good advice on III's rrr board today, take it, learn to hold.
  5. Don't worry about RRR, they wobble around 13.5 to 15.5 at the mo. The next few weeks will see gold production and grade figures. News that will hopefully see more people waking up to the fact RRR hold 50M+ of increasing investments as well as the newly producing mines with cash and options for more. Im happy to hold 200k of these. One tip for you G-man001 don't wish you had invested, spend time researching, there is a massive amount of potential out there just waiting to be realised. Some of it goes awry, some of it fails and some succeeds, the ones that succeed can pay for the others several times over. Research really is the key tho.
  6. P.S to add, XTR is a small punt, ANR is a bit larger and if i can i will add over time.
  7. For XTR, amongst all the other places to research, this is a good summary of recent events; http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn:XTR.L&threshold=0&it=le&action=detail&id=7495657 Not the best price to get in at but not bad i think, i like the diversity. I've had my eye on Altona for a little while, hoping to move some profits there throughout the year but (and i do feel bad about this) the floods in Queensland may well push the price up, so got a bit in there now. It's still a longer term play but this might well put it on the radar for a few like me, worth watching. I don't know much about EML, but i've heard of it from the Polo boards. Dattels uranium play isn't it ? He has a lot of fans that guy ! Anyway, im glad todays over with. After yesterdays good gains some selling was inevitable, but not too bad to be fair. Best of, Jaywall
  8. Hi Guitarman, Im glad Angels picked up for you, i really hope things go well for them. Once they announce grades and actually sell some of the yellow stuff they will do well, im keeping my fingers crossed for you, you're a braver man than me ! Added XTR today and thought now might be a prudent time to get into ANR so bought a few of those too. What price did you get for RRR ? The next few weeks should see the production and grade figures for El Limon and there is so much to come from them throughout 2011. Gold, uranium, rare earths, managanese, more gold, more gold oh and more gold. I can easily see 35p+ for them by the end of 2011. Best of, Jaywall
  9. I think it is Snap... And oillies as always, well, the right ones at least anyway. My current holdings for 2011, some of which are risker than others so always dyor. Amur Minerals Corp AMC Dominion Petroleum Ltd DPL North River Resources Plc NRRP. Red Rock Resources Plc RRR Regency Mines Plc RGM San Leon Energy Plc SLE ISA Central Rand Gold Ltd CRND Polo Resources Ltd POL. Range Resources Ltd RRL.
  10. I have had a look, i was in and out last year. They might get to 8p in this market but it won't be because of the fundamentals. Compare them with AMC, both have a mcap of about 38M, HER have 70% of a npv of $90M AMC have 100% of a npv of about $500M. They will both probably have resource upgrades in the coming year, and both have their unique risks attached. But having briefly revisited my original research i can't see anything that has changed that much with HER. Still, they have risen... what.... 60% ? since i was thinking about this originally so wtf do i know ! Both good companies, but i think HER is running on sentiment more than fundamentals at the moment. Anyway, Happy new year to you all and best of luck for 2011.
  11. Fawkandles Can i ask how you go to your 8p valuation of HER ? The most recent NAV is $90.4M of which HER own 70%. The current share price represents a Mcap of £33M. Your 8p would mean a Mcap of £77M. Without funding to get it out of the ground, or even a BFS, due to be completed end of 2011, where do you get 8p ? The only way i can see it is with massive resource or commodity upgrades, but with or without this a large amount of dilution or debt is inevitable for future funding? Am i missing something ?
  12. I've taken a cursory look at BowLeven, very cursory, and admit i know nothing about them but what justifies their market cap of 724M having never turned a profit ? Do they have some production somewhere providing funds ?
  13. I have noticed them a lot recently in Kent. Here's another, http://www.rightmove.co.uk/property-for-sale/property-17047314.html What the Owner says: We bought our home some years ago attracted by the potential that the rear garden offered us and of course the stunning views out to the rear. We saw real potential both outside and inside. We wanted to create a garden to be proud of and a clean comfortable home to live in. We feel we have achieved both. We love the quiet close and the fantastic neighbours, both of which we will miss hugely. But as they say the time has come to move on. We are not moving too far away but feel the time is right for a new adventure and leave knowing the right buyers will be very happy here for years to come. What they don't mention is the fact it's a council estate and the neighbours are ..well, just check out the 'trap' in the front garden round the corner ! lol.
  14. Hi, some great posts above and i have to say i agree pretty much with every thing ftbinthewaiting just said. I would add my two penneth worth though, all in my very humble opinion ! A good way to start out, IMHO, is to pick an assortment of companies in sectors that interest you that have recently gone way outside the curve and also some that people thought should have but didn't. Up, down and sideways. And then pick back through the news and every bit of info you can get your hands on to figure why what happened happened. Have a read up of investing strategies but don't take advice from well known share sites or in fact anyone at all without DYOR (doing your own research) It is time consuming but it's work. If you know more about a company than the masses then it's less likely to surprise you. Technical analysis can be usefull IMHO but only as part of an indication of when to buy and when to sell absolutely NOT what to buy. Fundamental analysis (your all consuming research) determines what to buy. Never chase a rise, unless you already know something about it. If you miss it because you were looking at something else, forget about it. Concentrate on the ones you know about. Stick to a sector you like until you know enough about it, dont spend 12 months learning about mining or oilies and then jump into an engineering firm on a whim. If you know your sector and you know what affects it you are at an advantage, Doing nothing can be the hardest but most profitable part of investing. iii.co.uk is an easy place to start out getting to know the language and particulars, as is advfn mentioned by ftbinthewaiting above. Read but ignore all tips/advice on the BB's at most they are leads to follow up, nothing else. Have a look at fundamentals of companies in a sector you like, then read the last year or so of RNS's, have a look at the companies website, AIM stocks will list certain things there that are useful. By all means check out stock sites like Motley Fool but bear in mind if they were on the money every time we would all be rich by now, you have to have your own informed opinion or you will most likely lose your money. Good luck and if you consider this 2K an investment in yourself as much as a financial one, and you put the time in then you won't lose.
  15. Awight, I held HER earlier this year, had to sell when it touched 3p, although i averaged out at 2.7 but was a pretty good innings really. I still like them and for the medium to long term may still hold some interest. Bear in mind though the feasibility study isn't due to be completed until Q4 2011. There will probably be upgrades in the meantime to help things along but there would need to be to make it comparable to others in AIM further along than them with bigger resources and similar market caps. AMC for example. I sold the rest of my BPC today....still biting my nails now ! But i got in early enough to make it my second best for the year. As has been said in other places, 1000% on no news is pretty impressive and IMHO time to take a leave of absence and see what happens. Im looking now for one more holding, mining or oily, low cap and off the radar. Spent all day going through old notes and not found anything that jumps out as BUY yet. Any suggestions ? I have the next couple of days to do more of the same so if i don't find anything then i will bite the bullet and beef up my other 7. ...less than 8 makes me nervous tho *lol*
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