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Banwana
03 Jun 11 19:33
Joined:
Date Joined: 29 Apr 07
| Topic/replies: 1,139 | Blogger: Banwana's blog
£100 to the charity of the winners choice from each entrant.
Rules are £10K to invest in a maximum of 2 companies. Split as you prefer. Purchase price as of Monday 6/6/11 8am. Selling point from cob 30/6/11.
I'll put my own on Sunday evening. It would be good to have your views as to why you have chosen your selection.
This is not a lazy DYOFR but just a bit o' craic. Recently this place has been like an iii forum.
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Report Banwana June 3, 2011 11:14 PM BST
Lot of studying going on then.
Report Whippet June 4, 2011 12:02 PM BST
two ways to win this - either find something that has major news flow coming by 30th June, or pick a defensive stock that won't drift down as badly as everything else (which is what most of the AIM sector is doing atm) and just hope that no one else picks a flier.

I'm going to go for (split 50-50):

CAD  - They are signing the ENI deal this month so I think that should move the SP back up to around 55p+
MARL - Listing on the TSX this month (so should get a few isa gold people interested), plus they are releasing a resource statement sometime in june. Currently trading at recent lows, so I'm expecting the price to bounce a bit from here.

hopefully 25% gains on both (if i manage that) will be good enough.
Report Menelaus June 4, 2011 6:11 PM BST
Big B, just some input to make your exercise more "real life". I sense that the way it's structured now a participant must find companies whose shares gain in price the most in order to "win". How about finding companies whose shares are likely to decline in price? Does one have the ability to short, after all that's how the real markets work? Also, in the real markets, a tremendous volume is traded not just in specific company stock but in ETFs. Is betting on ETFs allowed in this exercise? I don't get that sense from your write-up. Some things to consider anyways, but judging by the underwhelming response so far, perhaps it doesn't matter.
Report PierreLaRogue June 5, 2011 6:16 PM BST
Well i'll give it a go.


LON:EML 6.5K

TSE:RMX 3.5k
Report Banwana June 5, 2011 6:55 PM BST
Back to basics M and as its a small charity bet, I thought that simple rules would be for the best. Indeed there has been no interest but oh well. Plus who knows, you might get a 100 x multibagger - try Anteo Diagnostics for that and a bit of good luck. For this though, I'll plump for a 50-50.
Oregon Gold - should have the mining reports back before the end of June & I hope they provide good news.
Clontarf - I've been and out of this like nobody's business. I believe that everything is in place now in Ghana and hope the share price will rocket.
Report TheInvestor2 June 5, 2011 9:06 PM BST
LON:EML 6.51K

TSE:RMX 3.49k
Report PierreLaRogue June 8, 2011 5:51 PM BST
EML up nearly 30% in 2 days, can i sell now? Laugh and investor your selections are void, you can't just copy me. [smiley:crazy]
Report Whippet June 8, 2011 7:36 PM BST
banana, I am invested in Orogen as well, but I don't think they will have any drilling results out before end of june (would like to be proven wrong though).

The last RNS says that work on getting the mine structurally sound is beginning before the end of May. No idea how long that will take. All reports are that the mine is in good condition, so can't see it taking that long, but who knows. Once it is safe to go in, then the sampling will start. In my experience, usually takes at least a few weeks to get results once they actually start doing the work.
Report Banwana June 10, 2011 8:26 AM BST
If PLR wins then I think its only fair that its his call.
Whippet, hopefully we do - share price was down below .7 yesterday and I topped up. If you have a bit of time have a look at Anteo Diagnostics on the AUX. Another cheap share but I think they could be about to produce a huge seller and the sp could rocket.
Report gresty241 June 10, 2011 9:32 AM BST
where can you buy Anteo Diagnostics from banwana as there not listed on hl.com
cheers
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