Just put in a buy order for MRF. Shouldn't take long to get a result so hopefully it's another winner.
Imho, if you going to hold for at least 5-6months, I doubt CFD will be a good option to go due to interest charges. In addition, due to the leverage, there is always this 'evil whisper' asking you to add on when things go sour (in order to average down your unit price)
Well, oooorrrwwww (voice of Lurch) Was waiting with my bid in @ 0.28c & when the lows were sitting @ 0.282 (I can only offer on 0.005c increments with CMC. Anyway, couldn't be bothered waiting considering the opportunity this offers & I have to work this afternoon so, dived in @ 0.285c & was filled almost immediately. Now I await the drilling spud from Sunday onwards.....exciting, but scary :0
Umm, I may qualify with you, on this stock anyway. Bought in @ 28.5c as I wanted in before the drill. What did it close @ yesterday? 24.5c of course haha I would've thought sp would rise this close to drill, considering we only have one more trade day till' the earliest spud? I did read this morn' that there we a big sell down of millions of shares. Not quite sure what to make of it? I know they have had recent director/chair changes due to some pissed off voter threats from few months back along with multiple share releases to raise capitol but in all fairness, junior gold miners release news of more unlisted share options like I drink coffee! Something's suss of the low share price close imo. Today may be an interesting day for TPT I thinks..... EDIT: now ASX says it closed @ 26.5c so, low was 24.5. Just opened @ 25c.... Pls excuse the concern (in regards to the current lower sp only, not in the opportunity) but, big volumes trading so low. Why? Is this brokers selling @ these lower prices?
speculators taking profits + general sell off of the market. If you're overly concerned about daily price movements you're probably in the wrong investment. Especially in relation to small cap stocks.
More concerned of the lower sp, given this is the last 'lead up' trading day before the rig is in place ready to drill. I would've thought more last minute bid-ups prior to Monday? My research centers on gold miners. Oil rigs are a new learning curve. I have noticed the Capitol grabbing again & again with issuing of shares & I guess this can dilute sp. They need the funds though.
Your kidding :0 That would explain the selling down for now then? Why so long though if the rig is near in place?
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Why we await TPT's spud date, results, whatever I see SWE as having an eerie similarity when it comes to market position & resource volume. Drilling is set for 2015 with farm-in in the process of gov' agreement. It's one I will be watching more closely at the end of the year. Share price is already that of TPT's but not surprising if it hasn't had all the shananagans that TPT would have preferred to have not had, playing havoc with sp's over this years first half....
Bit of an update; ALA (+4.75%) CNQ (+25%) SOLD CXO (-16.7%) BBR (+21.2%) RWD (+36.2%) TPT (+50%) RLE (+4.1%) Not too shabby with the notable exception being CXO which I'm not too concerned about just yet. Their initial drilling result was positive with high grade silver intercepts but there are still a few more drills to go. http://imagesignal.commsec.com.au/d...nZXNpZ25hbC9lcnJvcnBhZ2VzL3BkZmRlbGF5ZWQuanNw I'm expecting a pretty bad week this week given the last week of the financial year I would expect a bit of a sell off which is pretty standard. From 1st July there could be a few bargins to be had.
MRF in a trading halt this morning pending the release of drilling results. Hopefully it will be caviar for dinner and not baked beans on toast.
Bought TON today @ $0.44 (another graphite company that is currently in the process of drilling and turning up great results so far) I also bought SFP @ 0.4c lol (medical technology company that just bought 3D Medical Limited which is focussed on the commercialisation and integration of 3D printing and holographic projection technology into the Australian medical industry. This is more of a long term hold and see what happens kind of thing rather than short-term.)
These are all listed on the ASX but I do own shares on the NYSE and TSX. Those are more longer term plays though
I think it's great that you're diversifying. You've obviously the capital. Wish I had spare cash right now. Although, my focus is on 3 or 4 goldies I have in my to do list. Not going anywhere near 2 of them until I'm convinced we have seen a POG bottom.....
Sold BBR this morning for $0.67 after a production facility agreement (ROI +36.7%) https://content.markitcdn.com/CommS...SNFJINEYiLCJmaWQiOm51bGwsImR0IjpudWxsfQ==.pdf Still believe it's got a lot to offer with such high TGC vein graphite but it'll do for now
MRF confirms high-grade graphite veins http://www.asx.com.au/asxpdf/20140625/pdf/42qdxp95d6fp78.pdf Indicative price in the pre-market has it already set for an open of $0.125. I feel like dancing [youtube]http://www.youtube.com/watch?v=jKlxjbhB9HE[/youtube]
