New /ASX/ thread: How is SGH still alive edition /biz/ approved

>>1807333
No MLS?

>>1807333
Does anyone else feel like the ASX is flirting with a major downturn soon?

I'm a little spooked regarding the ongoing viability of the housing market, and I am thinking that will drag down valuations for a lot of the ASX200.

>>1807333

Anyone going in on CNJ for the cobalt play?

So I have 10k to fuck around with, what should I do? ultimate goal would be turn it into ~$300k and buy a house

>>1807361
No ggg or equ either

people who use commsec, what details to you use to log in to the phone app?

>>1807413
They asking your for your client id? I couldn't remember mine so I had to call the commsec helpline.

>>1807417
yeah the clientID.. Shouldn't that just be the same as the client number to login to netbank?

>>1807418
Apparently not. Google "I forgot my commsec client id" and I'm pretty sure it will tell you you have to call commsec to get it.

Is Conico Ltd CNJ:AU ASE worth a shot now that cobalt prices have gone up?

>>1807392
MLS. Will be 10-12c by mid year. Youll want to get on soon though as a big announcement is looming

Anyone looked at Brainchip? ASX:BRN

Machine learning chip that relies on hardware, not software. Been in R&D for 10 years, has a huge amount of potential application in fields like image/pattern recognition. Inventory seems to be a pretty switched on guy, Comp Sci professor and had a company bought out by IBM in the past.

They have a trial with a Vegas Casino atm for their cameras, I'm interested in taking a punt since it seems to be under the radar atm

I've finally saved up enough money to jump into buying some stocks, too bad the market looks so strong half of it will probably evaporate first financial scare into this year.

File: 1458142518467.jpg (12KB, 251x241px) Image search: [Google]

12KB, 251x241px

>>1807387
>>1807496
stop scaring me pls

>>1807392
Just keep an eye on this thread. Anons will give you tips and ask opinions about stocks; check them out, do a bit of research and then prepare yourself for a moon landing.

>>1807389
I wish I could, but I've already put too much of my money into the asx; need money for upcoming bills. I'm in EQU for cobalt though; no one else seems that interested in them, not sure why.

>>1807333
Been out of the game for a while, but I finally got enough doo's to spend, what's everyone watching?

>>1807333
>How is SGH still alive edition

And for how long?

>>1807538
I'm on EQU hoping for the moon

EDE is bolting straight out of the gates this morning. MLS looks like it'll spend another day bouncing between .14 and .15

>>1807463
>>1808194

What's the deal with MLS? Positive assay results discovery announcement pending?

>>1808205
Yep.

>>1808272
Fresh, might jump on board.

Any info on it being a positive result? I'm reading up now, and obviously it's speculative, but is there scuttlebut that it's a positive result?

>>1807418
>>1807423

They email your commsec ID to you upon account creation. Just check or search your emails you boofheads.

>>1807387
yessirrrr
i'v been slowly pulling my stocks out one by one, don't get me wrong the market itself seems to be doing fine, but the housing market is disgustingly unsustainable.
it will crash, take the market with it, all those millennials with 30 to 80k stashed away for a deposit when the crash happens will buy and the market will return to form in about half the time of the 2008/09 "recession"

>>1807463
be reasonable you fucking shill.

>>1807463
>1000% in 3 months

Yeah righto m8.

RE MLS:

HotAluminium threads suggests 0.026 as a realistic positive result of announcements this week.

Multiple mineral results possible from assays; Zinc appears to be main hopeful result Zinc price going up medium term it appears too.

Joe76 on HotAluminium forums there from >>1807463 has suggested 10-12c there as well.

>>1808355

>millennials
>with 30-80k stashed away (wut?)
>are going to put that imaginary 30-80k into a market that just crashed
>they'll do this when they have no job
>no job as a result of the deflation that took place when thousands of small business closed
>closing because they lost all the equity in their homes and investment properties
>equity they leveraged to start those small businesses

Prey you're wrong anon

Guys I'm a bit confused about something.

How do I sell shares I own that I got from an inheritance?

Since then I've bought my shares through Macquarie but the ones I got through inheritance aren't connected to any brokerage that I'm aware of.

>tfw already lost 5% on GGG
should i just cut my losses here? is the company fucked?

>>1808528
It has died in the arse today. I'm going to hang in there.

>>1808528
I think you just bought in a little late, I'm still up 50%, if it drops any more I may sell though.

>>1808505
Talk to a financial advisor.

>>1808536
>sell when it went down
that's not a good investment strategy
if it dips to 0.15 i might buy more

my Stockbroker is shilling QHL on me. Current price 11c with a target of 20c in 6 months he reckons.

Quickstep F35 fighter to strike Avalon - now just weeks away
Australian Joint Strike Fighter supplier Quickstep Holdings Ltd (ASX code QHL) will be expecting its biggest ever lift in profile at the forthcoming Avalon Air Show near Geelong. The show is open to the public from 3rd to 5th March. Professionals are admitted from 28th Feb to 5 March 2017. https://www.airshow.com.au/airshow2017/index.asp
The Joint Strike Fighter will surely be the star of the show, being its first ever visit to Australia, after it reported big wins in highly scrutinised combat games held in the USA. This is the first ever victory by the JSF in such games, and a stark reversal from previous outcomes.
Australian enthusiasts will see the F35 flying for the first time on Friday 3rd March when two of the aircraft fly into the Avalon Airshow direct from the USA.
This is due to occur just a few days after QUICKSTEP reports its 1H FY17 interim results. While we forecast a modest operating loss of -A$0.4m for the Dec. 2016 half, we see this as a substantial improvement on the –A$5.6m operating loss incurred in the prior six month period. Furthermore this is a strong indication that QHL is headed rapidly towards a positive operating cash flow in the current 6 months ended 30 June 2017.
Also, further contractual success is reckoned to be not far away, following extensive and long-running negotiations regarding both aerospace and auto parts. Hyundai, Tesla, and an unknown Chinese motor company are but of few of the numerous auto “suspects” whom we believe are in discussions with QHL.
Our Target Price for Quickstep currently stands at 20 cps, almost double the price at the time of writing.
Quickstep will enjoy high exposure at the Air Show through product stands by both the JSF and Deakin University.

>>1808563
Better to get out now with some profit and buy back in later if it keeps dropping, because I think it will inevitably go back up again due to the nature of the prospect.

Once I sell shares through commsec, how long until they're no longer listed in my portfolio on the app.

>>1808497
why is it so hard to believe there are people aged between 20 and 30 that have been saving for a house they knew they wouldn't be able to afford outside of a crash?


when the property market crashes, property will be cheaper, altho admittedly more scarce.

millennials who have the cash will buy.

it will bounce back quicker.

i really never post on 4chan and i'm not looking for some green text argument, i just really know so many fucking people holding on to deposits waiting for this crash.

>>1808692
I'm one of them but if it wasn't for the industry I'm in I wouldn't be confident that my job would survive an Australian-wide recession.

File: investor-psychology-illustrated.gif (65KB, 804x531px) Image search: [Google]

65KB, 804x531px

>>1808658

>>1807427
4th largest cobalt deposit, this could be the Pilbara of cobalt

>>1808702
According to that graph, the other guy wanting to buy in more at .15 is following it more than I am.

I'd be making 50% profit at that price. If that's bad investment you guys must be geniuses and should share some of your brilliance.

>>1808692
You don't understand the wider, macroeconomic implications of a full-blown house price crash/bubble pop in Australia. Things i hinted at in the greentext (deflation, small business bankruptcy followed by wide-spread job losses).
I'm 35, I have two brothers and a sister 19 to 27. I also play sport, drink and generally hang out with their friends. They do NOT have 30k+ in savings right now, nowhere near it. Some have gotten married, started families and already mortgaged themselves to the eyeballs to buy a house. The rest are pissing it away every weekend or only JUST finished uni and barely started a career.

The minority that do have a deposit saved do not number anywhere near enough to reverse a housing market crash, not even close.

>when the property market crashes, property will be cheaper, altho admittedly more scarce.
You can't have something's price CRASH and simultaneously be scarce. The price crashes because there is a massive supply glut. In this case, investors and boomers trying to offload debt as fast as possible. Now go back to what I said about how dependent business in Australia is on leveraging the equity in the existing housing market.
So what you have in reality is a depression level event including high levels of unemployment of unskilled labor (millennials). Most of whom actually don't have 10's of 1000's in savings.
The minority that do have enough for a deposit and still have a good enough job to actually afford a mortgage number so few they will have zero impact on events, let alone single-handedly turning the shit-show around.

The whole "yeah fuck the boomers, hope the markets crash, I'll buy a house then" meme is the sort of financially ignorant nonsense I fully expect from a generation that thinks $5 a day for coffee and $20 for smashed avocado is an essential purchase. Best case scenario for you is a small retraction in prices, followed by a short period stagflation that allows you to catch up. You should pray there's no crash.

>>1808719
super appreciate the reply, perhaps i'am the one in a bubble.

i don't understand economics enough to see how a self correction or stagnation will be enough to stop a crash, while kind of understanding the difference between the american housing crash and why it won't go down the same way.

the median house price to wage scale in SYD and MLB makes me confused and scared like a dummy.

>>1808719
As someone who is 21 with a trade (id say y jib is secure), no debt and enough for a deposit in my area saved up.
What would you suggest doing?

I started getting interested in shares and investing my money about a year ago when I was unsure what to do with the money I had saved up and wasnt quite ready to buy a house.

How would someone go about shorting the CBA? Being serious. Is it as insane as it sounds?

>>1808797
buying put options in CBA would be a start

>>1807333
i know this is ASX but auscunt here and how the fuck do i trade international shares? The process with comsec looks very complicated. pls help

>>1808714
If it is a speculative stock and you are up 50% that is not a bad time to cash out in my opinion. If you were up like that on a profitable business I would be more inclined to hold it long term, but for something that isn't currently turning a profit the risks are higher in my opinion and therefore cashing out is a smarter option.

>>1808734
What exactly makes you think a trade job is secure?

Depending on what trade you are in you are probably heavily reliant on the construction industry. If the housing price collapses construction would be expected to collapse with it shortly after. Trade skills will still be marketable but I doubt they would be anywhere near as profitable if a good chunk of the trades jobs currently in the construction industry evaporated.

>>1808734
No one's job is secure. If you've been working for the same place for 5+ years, have a family and are willing to take a pay cut, you might be the last person fired.
Just recently a family friend had his wage dropped to the award wage. His and every other employee there. They're all diesel mechanics. That notion, that an entire workshop of diesel mechanics could be put on award wages would have been obscene 5 years ago. No work, no pay.

As far as what to do with your money? Diversify. Don't leave it in the bank unless it's a "high" interest savings account as a bare minimum. Maybe look at an ETF but be sure to actually check what it's exposed to. You'll find a lot of funds labelled "international" or "US" are 80% NASDAQ stocks like apple, Facebook, Microsoft, netflix etc

You can open an online brokerage account which is what this thread is for and dip your toes. There are lessons that can only be learned by doing but start with a few small holdings. A couple grand so the mistakes you make are cheap.

Finally a bit of physical gold and silver won't hurt. Along with a small amount of cash. After bankwest had an outage that meant i couldn't get cash out, couldn't get my car out of the carpark and couldn't buy food, I'll never be without physical again.

Oh and never listen to "experts", read financial news or any of that crap. Nor anyone that's says shit like "investing in stocks is just gambling. They're 100% full of shit.

>>1808815
bump

>>1808692
The thing is that house prices depend upon banks issuing credit a lot more than people having savings.

But look, we know the market is overvalued, but what's going to make it crash? It would have to be an external shock, a pretty big one.

Same with China, we know they are overheated, but unless there is an external shock to them, I don't see them crashing.

So, do you think Trump will default on US debt? Because that's the sort of thing that would make our market crash due to the credit crunch that would occur.

I wonder if Trump could do that even if he wants to. I really don't see how the US can balance their fiscal deficit to eliminate foreign borrowing, which is what it seems to me they would have to do.

>>1808563
shit do you really think it'll dip to .15? I'm in at .173. I really would rather just hang on to the thing. When the mine goes ahead all should be well. At least that's my theory.

>>1809032
nope, it's starting to go up again in the europe session right now. guess i will have to wait for the next dip

http://www.tradegate.de/orderbuch.php?isin=AU000000GGG4
(prices in eur, disgusting spread, as always)

>>1809097
Looks good, thanks mate.

>>1809097
Mate, what price would you be looking to top up at?

>>1808815
You can look up international brokers on the exchnages like go to NYSE and look for brokers.

Most aussie brokers can but they have fucked limitations. I know comsecc is p expenso.

Nabtrade is another options inte is 15-20 bro. The catch is that u have to trade international once a year or u get charged and that you can get tax reporta for international stock

>>1808692
CHILDREN: Please understand a simple equation.

NO Lender will give you a loan or mortgage on something that is dramatically falling in value. Cash is king in busts.
The only mortgage you could get in such a scenario would be a 50% deposit and plenty of owned outright security. You'd need buckets of equity.

You want just have the market crash, the inevitable depression that would bring, the opening up of complete foreign ownership/immigration we'd have to implement aka massive competition to kickstart the housing and construction sectors - and still simply just get a 95% loan.

If a crash happens its best to own stock when it does, because you will never ever ever own stock if it doesn't.
You idiot millenials think you can out compete rich old multi millionaires who've been patiently waiting for a correction for decades and don't need to borrow because of cash reserves.

You're dreaming.
Nothing can replace risk and hard work.

I wish the mls assay would drop. I could use some good news this week.

>>1810063
The games being plyed to hold the sp down are starting to die. IMO that means an ann cant be too far away. Im guessing thursday

>>1809146
GGG up 6% just before market closed...

>>1810086
yeah I noticed that this week too. Not much in it for day traders or pip traders now. Everyone is holding.

>>1808719

This is almost offensively stupid - as are likely those who choose to get loans out for marriages or over leverage for retarded reasons. While I agree (and have some friends in the same boat) I can list ~14 people I know of who are able to get that money together to deposit for a house. Perhaps you need to get a better quality social circle? Or rather; base your ideas off a full range of people not just your immediate friends and siblings.

I am SPECIFICALLY keeping my money available for a crash - when I get a portion over my initial savings plan I dump it into shares and will continue to do so until the bubble pops.

You're over generalizing by thinking that some idiots who overpay for things make up the majority (keeping in mind boomers and others are leveraging out the ass to set themselves up and buy as much dumb shit).

There are those who are the generation between millennials and boomers -those with careers who aren't yet home owners.

>>1810400
Not him

But what if the banks refuse you, if the not only refute you a loan but also refuse you to withdraw your money.

>>1810400
Show me 14 of your personal friends aged 18-35 (millennials) who can get together 80k+ right now for 20% deposit on a loan.
You can't, because you're 10/10 full of shit. Scraping together 20k and paying fucking mortgage insurance is not the equivalent of a deposit.
>There are those who are the generation between millennials and boomers
I don't give a fuck about gen X because
>>1808692
>>1808692
>why is it so hard to believe there are people aged between 20 and 30

WE were discussing this from the context of a millennial.

The only thing offensively stupid here is the dumb shit who rocked up late, didn't bother reading the posts before and tried to shoe horn his irrelevant, under-achieving ass into the discussion in a tissue thin attempt to appear moderately more successful than he actually is.

>>1808719
I am a millenial so this triggered me but what you said is absolutely right my dude and i accept that and the whole blaming society for your fincial situation people my age do is understandable but annoying,just had a friend tell me he drew a giant dick on his election ballot because "the governments all fucking corrupt bro it's the rothschilds they're all sheep/pawn anyway " talking about how he's resisting the elites and baby boomers then spends $300 on festival tickets and drugs as well as another $280 to get his tattoos done but blames the boomers for fucking up the housing economy,he's voting socialists and greens

>>1810696
Wait, wait, wait. If I draw a dick on my ballot paper my vote goes to the socialists and greens?

AC8 gets a big boost today (25% UP) on the news that Federal government has legalised med marijuana!

>>1811748
Stockbroker emailed me a news wire this morning on the same
CANBERRA, Feb 22 AAP - Seriously ill Australians will soon be able to access medicinal


cannabis more quickly.


The federal government has given the green light for approved companies to legally


import, store and sell the drug until domestic production meets local needs.


The move will make it easier for patients who now must go through a lengthy process to


get cannabis from overseas once prescribed by an authorised doctor.


Health Minister Greg Hunt says those with profound conditions or palliative care needs


will instead be able to access safe, high-quality and appropriately-obtained medication


within days.


"It is time that they have the care that they need, the drugs that are prescribed by


medical professionals, and that they are actually available," he told reporters in Sydney


on Wednesday.


Once approved, commercial importers will be allowed to source medicinal cannabis


products from a reputable international supplier and store it in a secure warehouse.


It's expected Australia will have a continuous supply of medicinal cannabis within


eight weeks.


That will help fill the gap until local production - which was legalised late last


year - ramps up.


The first licence for private cultivation was only issued last week.


Victoria expects locally-sourced medicinal cannabis to be available by the middle of


the year or a little bit later.


"We want to make supply available but it has to be legal," Mr Hunt said.


"It has to be safe and we want to make sure this medicinal cannabis is available but


on the same basis as any of the serious drugs and medicines that can only be dealt with


through prescription and through a very rigorous medical process."


AAP ra/klc/goc
News Story: FED:Access to medicinal cannabis to get easier

>>1810696
He sounds like he is 22-24 years old.
Whilst there's an element of truth in saying the government is corrupt, not voting is a very poor way of fighting against that (unless we all did it).

EDE is down 4.41% this morning. Thoughts?

>>1811887

My immediate thought?
Who the fuck is EDE

>>1811922
Eden Concrete. Had good gains last year after winning a contract with USA to supply their more bio-friendly concrete to them.

>>1811939
They've picked up some decent gains since I bought in. Regular announcements are all good news too.

1 hour to get on MLS before the announcement tomorrow morning

>IAM Update

May come good even after all the anti-shills back in December/January

>>1812023
screencap this?

>>1812046
Cap it.

>>1808815
If you want to trade in international shares (nominally US stocks I'm going to assume), you need to file a W-8 BEN form and then your Australian broker (CommSec) will create an international account through their partner Pershing in the US.

Tbh it's pretty convoluted as you've noted, and you will get hit with higher commissions and have to get involved with US tax (generally you will cop a nominal tax on dividends as a non-resident alien and would not have to file unless you're trading in the tens of thousands daily).

I'd suggest looking at any Australian Exchange Traded Funds (ETFs). They are funds that are exposed to international stocks but you can trade them on the ASX as any other australian share.

An example is the BetaShares NDQ ETF, which is exposed to American tech companies like Apple and Google. You can purchase shares in that fund and it's share price will go up fairly proportionally the the share prices in which the fund is exposed.

There are many Australian ETFs with exposure to US stocks, foreign currency, commodities and indices like the S&P 500.

>>1812068
CAPPED my Captain.

And mls drops to .14 right at the end of the day.

What happened to XPE, it dropped pretty hard, would it be a good investment as of now?

>>1807387

The ASX will boom in the event of a housing downturn, given people will review their asset allocations and weight towards shares

>>1812170
But who was big 4 banks with mortgages making up over 50% of their revenue?

Bye bye ASX, down to 5000 pts

Last chance to get on MLS tomorrow before results come out on Friday
GLTA

>>1812173
Not to mention how many super funds have their client's investments in managed property funds. I know AMP in particular use their super funds to invest in shopping centres and the like.

>>1812097
No idea. It was such a promising company at the time, made $1K off them in a week! but now it's got no momentum or interest from investors, despite interesting anns and developments.

>>1812188
It was Thursday a couple of posts ago. Did that announcement about a director exercising his options change your mind?

>>1810657

You seem a bit mad here? Are you a bit fanny flustered at your buddies being called bad at saving?

You're a clown if you think there's not enough people actively saving for a burst. I'm 29 and both people at my work and friends are looking towards property with others jumping now or a few of us waiting for a burst.

Your figure was 30k - not 80, don't get upset at me if you meant 80 originally.

didn't rock up late - just couldn't let someone fear monger a bubble bursting - yes there is a significant amount of things which could occur within Aus if that were the case - however perhaps setting up an unsustainable housing market was probably an error?

>>1810407
DESU I'm actually curious about this if a huge burst were to occur. However it's (on the balance of probability) more risky for me to keep all my cash under my bed or out of the banks.

>>1811751
this is what I've been putting money into recently - been a delay in anything coming through and Aus will still be a bit away for anything huge - but it's progress that can't be ignored.

>>1812194
Sorry, my bad, that announcement was for ggg not mls

If the MLS announcement is shit, I will literally kill myself. I have far too much money invested in this company

>>1812242
he exercised his options and sold shares, i don't know what to think of this

The options allow him to buy roughly 1M shares for $0.08 each, so he is increasing his stake? is that a good thing?

What's the concensus on AAD?

>>1812249
Suicide pact? I don't have huge amounts but if it fails I'll probably feel like fucking shit,
>>1812251
>>1812253
It said he's selling his shares in order to fund his option buy in. I guess he makes a profit on his shares, and then he'll be able to buy in at a lower sp because of his options. Seems fair enough to me.

is A2M the new BAL?

>>1812249
>>1812347

Put me in your wills

>>1812858
Nope. Fall as predicted. Same as 6 months ago. Now it will steadily rise to 2.70 before the next announcement

>>1812249
>>1812347

I didn't buy in this time, but fingers crossed. Hope you fuckers make it big! All aboard the apollo lunar express.

No MLS accounment in sight boys. Im gonna buy back in at 14 hopefully

Ive made some cash trading in at 14 and out at 15.

Have a look at RHC. Looks like it might peak soon. Also they will go ex div in a couple of weeks. So that should push up the price. Not sure if i should buy more rn. Got in at $68, anons advice?

>>1813228
I doubt you'll be able to get in today at 0.014. If there is no Ann tomorrow morning, something dodgy is going on IMO and it will turn to shit.

I'm in on the suicide pact if MLS results are shit

Who here /ASXSharemarketGame/ anyone know any other good related ones for bored Uni students?

MLS and RMX ramping up into announcements dropping, lets all pray for the best lads

Big tree shake happening with MLS. Do not sell your shares or miss out

>>1813319
I fucking hope that's what it is.

>>1813404
It is.
There's also lots of sell props

>>1813407
Fake sells high up the list to make it look like theirs more sellers than buyers and tree shaking to trigger stop losses.
Someone knows this is going to be big and is trying to accumulate as many shares as possible

>>1813319

Good time to accumulate :p

>>1813410
Need broker data. Patterson's, commsec and stateone are all prob accumulatin is my guess

should i buy 1000 worth of MLS shares today lads? first time trading

>>1812080
XD

>>1812023
Erm guys.....

Should I dump MLS or not?

>>1813540
Should I dump MLS? If it drops below 0.012 and I'm still holding, I will literally kill myself I am not kidding.
If I sell and it rockets I will also kill myself

>>1813545
This bastard announcement has to drop eventually. I don't know man, I'm holding on #stronghands

>>1813545
I'm not sure you should be trading at all. Easily spooked, buy high/sell low guys like you are how day traders make their money.

Last thread i inquired about a little known stock called MLM (Metallica Minerals) that I got word was due to nearly triple it's SP as it brought it's low cost bauxite mine online.
It's SP just rose from 6.0 to 8.0 in the last week with relatively low volume of shares in the market (6mil as of posting) compared to other micro-caps like MLS or RMX (180mil and 60mil).
The holders don't seem too prone to selling either. Might be worth a look as a genuine earner that's actually going to pull product out of the ground in the next 3 months. Think GXY when it was around 35

>>1813621

Also AGY just got panic sold down to 2.2 for absolutely no reason. Back to 2.4 now but will return to 2.8 soon enough. Manged to fill 3/4s of an order at 2.3 and grabbed a few more at 2.4. Probably the easiest money I'll make in a week.

Hey lads. Any thoughts on GXY and AJM?? Im thinking about dropping both of them as i dont think they will come good. Anyone thats invested in these i would appreciate your opinions. Cheers

>>1813663
I just sold all my GXY, I don't think it's doing anything in the next month. I bought at 36c and needed the funds for another stock so it was a hard decision.
If you bought high, I would just sit on it unless you had a really good prospect you need the money for. I still think it's worth mid 60s but I don't see it getting there anytime soon.

Fuck it, I'm in for MLS. I just topped up. 36K shares @ .14.

>>1813666
Yeh well i bought in at 61. So at the moment its dismal. One of the only shares in the red zone. So it will be a small loss if i do sell as i didnt invest heaps. Do you think a possible long term gain past high 60's is possible?

>>1813675
Long term, as in years? Yes when they get Sal De Vida online. If it's a small holding like you said, why not average down and relax a bit.
I'm going to watch it, see if it dips into the 50-51 and try to buy back in. It probably wont but I can dream.

>>1813660
I bought in at 2.8, this shit had me worried

>>1813669
lets hope for an announcement soon! Then to the moon

Managed to sell my shares yesterday at 0.015 after I was given some EXPERT advice to do exactly that.
IMO the activity this morning CONFIRMS that was the right move.

Now where to from here, you may ask:
Well, if theres no announcement tomorrow morning, I feel like the SP could drop SIGNIFICANTLY, in which case I will buy back at a lower SP in anticipation of an announcement and TH Monday.

If the big players who have been dumping the past few days dont buy back in this afternoon, that to me indicates an announcement of poor quality tomorrow

>>1813740
It's 345, if they're going to buy back in this afternoon, it has to be real soon.

>>1813745
Someone just bought 210K shares just then.

>>1813740
This dude is posting this exact same post on multiple forums regarding mls. Helpful poster or down ramper? Who knows

>>1807491
Yeah, been watching this one for quite a while.

I need to do more research into deep learning first before I pull the trigger on this stock though.

>>1807538
No-one but the market, which is VERY interested in them.

Up 750% so far. This one is climbing to at least 20c I think.

File: 1464867150558.jpg (165KB, 500x496px) Image search: [Google]

165KB, 500x496px

>>1807333
Here are some extremely high quality free tips for my fellow /biz/nessmen.

>LPI:
Best Lithium Brine deposit in the world, based in Chile.
Lit up to 1600mg/l, 25l/s flow rate, at least 360m deep.

Currently WAY undervalued at 46m MC.

>CLQ:

Cobalt, Scandium, Nickel Sulfate and tech.
Robert Friedland on board.

Nickel Sulfate currently extremely undervalued, Cobalt boom is in full swing.

BW report conservatively estimates $1.3 per share inside 12 months, currently 80c.
Plenty of word they could be worth well over $3.

Great management team, currently the safest place to put your money on the ASX.


Enjoy your money bois.

>>1813470
Do you trust a bunch of strangers on the internet?
Do your research, verify what we're saying, then decide.

SAS may rocket. I blew my load too soon thinking it was just volatile. Made 100 but buying back in would be a loss now.

>>1813470
That's like 130 dollars. You might as well buy in, hopefully the loss of 130 dollars won't have you suicidal.

>>1808075
I walked past their building the other day and even the lettering from their sign had started to fall off. It said Slater & Gordon awyers

File: asdf.png (106KB, 635x475px) Image search: [Google]

106KB, 635x475px

>>1808692
This man is correct. 23yo, secure, stable government job 125k saved. waiting for the great housing cuckening to happen.

I brought the VOC dip at 3.80, closed yesterday with a 25% return. Morningstar reckons it's Fair Value is 7 bucks a share

>>1813851
Sorry, housing cuckening canceled the capital flight and immigration out of china is too stronk

>>1813875
Yeah, easy money for the government and their puppet masters - never going to turn off that tap

MLS just released an appendix 3b. Someone is exercising their options.

>>1813939
Awesome, don't have to Kms his weekend

Mxc, shoulda put my money where my mouth is on that one. Up 15% today. Expect 7-8c within a month if aus government stays keen on the green

>>1813982
Fuck I knew this was coming.Wish I had of got in on the green.

AC8 or MMJ boys?

>>1813950
>>1813939
Explain why you see this as positive news, please

>>1814001
Someone in the company has confidence that excercising was a good option, implies that the coming announcement will be positive

>>1814006
Works the other way round friend

>>1814009
Sorry, what do you mean exactly? If he's exercising his options ahead of the assay, shouldn't that be a positive?

>>1814001
Check out the mls thread on hot copper for this anons shenanigans. He posts as CeilingFan. Don't fucking trust anything he says.

>>1814014
I'm sure more than one person can hold the same opinion, but I've noticed that MLS always drops in the last 10-25 mins of trading of the day. Manipulation is rife and I believe that this potentially plays into that

>>1814025
Yeah I've noticed the same drop too.

>>1814025
>I've noticed that MLS always drops in the last 10-25 mins of trading of the day. Manipulation is rife and I believe that this potentially plays into that
As soon as their is weak enough resistance that someone can sell into it and take it down a pip they do.

>>1814014
LMFAO my posts get deleted pretty quickly, which is annoying.

BTW what is a HC and ASIC disclosure policy?

>>1814032
>BTW what is a HC and ASIC disclosure policy?
I don't post on that forum.

File: B(og)RN.jpg (272KB, 646x1134px) Image search: [Google]

272KB, 646x1134px

>>1807491
got in on this before the casino deal :^)

Just fyi the casino shit doesn't use the neuromorphic chip. It uses software they obtained by aquisition of a company called spikenet. Once they announce results of CISCO trial BRN should spike up. It'll spike up again once they announce a contract for sale of their actual SNAP hardware tech

>>1813621
It's not actually online though? Latest announcements say ~1.1M capital costs and they'll pay approx. half because it's a 50% joint venture? Still awaiting govt approval this quarter but seems likely since an EIS isn't required.

File: IMG_0564.jpg (228KB, 750x1193px) Image search: [Google]

228KB, 750x1193px

>>1813851
>>1808692
It'll bounce back so hard unless you
have an existing mortgage you'll never get in as banks will be clambering to look after existing debt not give out more.
How is that hard to understand?

While I don't agree with pol much this bloke is right

>>1813982
I was on them in December and got out due to no news. Kicking myself right about now

File: 1415506295555.gif (1MB, 343x239px) Image search: [Google]

1MB, 343x239px

>>1813783
fugggggg CLQ 1 year ago just before I was looking at GXY....

File: 1444942638017.jpg (55KB, 500x500px) Image search: [Google]

55KB, 500x500px

WHERE IS THE MLS ANNOUNCEMENT

RMX's announcement was a fucking joke kek

I still think they'll do the drilling done but it's going to get rekt today, if it gets cheap enough I might buy in as I'm still confident they'll drill

>>1815268

lol at that one guy who was shilling it a few threads back

>>1815330
Placement was at 2.9 and yet the SP hasn't dropped - strange, perhaps people will wait until it's actually gone through

Good opportunity to sell now and re enter cheaper I guess, or is there something im missing?

>>1815330
I made a cheeky 10% profit off it a few threads back.

>>1815191
So we're waiting till Monday now?

>>1815330
>When you realise the whole board is either trolls or shills
Take this MLS business for example, clearly a huge shill trying to get idiots on board in a pump 'n' dump.

A fuckton of mls just got bought @.13

>>1815615
Meant to say Someone dumped

>>1807333
>>>1815615
>Meant to say Someone dumped
20k on a small cap stock with 17M market cap? Fuck off nogains

HSO hasn't moved in a month.

Meanwhile, ING has been going to the moon. I hope you fuckers bought in when it was $3.

Mls being dumped @ .12 now

>>1815683
No it isn't. It's being cross traded at .0125, which rounds down to .012. Nothing was sold at .012 Market price is still .013

>>1815707
Commsec says market price is .12?

File: MLS Course of Sales.jpg (104KB, 573x497px) Image search: [Google]

104KB, 573x497px

>>1815716
Look at the course of sales

>>1809032
>>1808563
my time to shine
averaging up now

>>1815743
I'm on the mobile app atm, it just gives it at .12. But I understand cxxt now.
Someone just dumped then and it definitely wasn't cxxt.

>>1815763
Looks like someone just triggered a fuckload of stop losses. It's actually kind of hilarious. Someone sells $800 at 0.012 and subsequently triggers a massive selloff.
Now the day traders are amending their orders to 0.011

Oh man.. oh fuck oh jeez, someone calm me down, MLS is going to go back up right?!?

What's happening with GGG there down to .14 is everyone still waiting for the announcement??

>>1815834
I hope so lad. I just bought another 46K @ .012.

What a disappointing day. Thank god for AGY and MLM otherwise it would have been a very red weekend.

>>1815866
I don't think there is an announcement coming. The mining licence isn't coming anytime soon.

>>1815905
Yeah, I'm just hanging in there for the mining license, whatever the price does.

What's the chances of a post market mls announcement you reckon?

>>1808613
Yeah I own them, been happy with them so far and the future looks extremely bright. I'd aim for a 25c target in the next three or so weeks.

>>1815923
Zero. Announcement won't come for a week or so. Whoever is selling this share down to trigger stop losses and scare weak hands off still needs a chance to buy back in.
If we get an announcement now or on Monday it will be shit and that will be the reason for the sell off.

Just FYI, Ceiling fans predictions about both MLS and RMX came true today.

Actually, now that I think about it, there was plenty of opportunities for whoever was dumping to sell down through 0.012 and hit 0.011, but they didn't. So maybe it wasn't manipulation, but people genuinely trying to get out.
My hair will be grey bby Monday, that's for sure!

>>1807333
Does anyone have any resources or preferably books where I can learn about the stock market, investments, finance so it can help me get ready trading.

>>1815957
Yeah he was dead right.

>>1815991
Yeah it's going to be a long fucking weekend. A long week as well most probably.

>>1815994
What?

>>1815982
It wasn't people actively trying to get out. Dumbasses had their stop losses hit and many more had buy orders placed down around 0.011 and 0.012 ready for just such a thing.

That's what happens when you have automatic stop losses with very little buffer above them. You only need a small dip into it and bang, the floodgates open. Obviously for MLS 0.012 was some sort of psychological key point.

I was actually watching it so this is basically what happened.

1) Order book shows sell side sitting at 0.013
2) 4 cross trades go through @ 0.0125
3) It shows up on trading platforms as 0.012 (rounded down)
4) Someone sold $800 worth @0.012
5) About 30 people have their stop losses hit, flood of shares sell into 0.012
6) 8mil shares got snapped up by day traders who had their orders sitting at 0.012
7) Immediately the sell side swells up @ 0.013 with 8 million new shares as day traders take their 7%

Grab yourself $10,000 worth at 0.012, immediately put them up for sale at 0.013. $700 for doing nothing accept skimming money off mum and dad.

>>1816011
where did you watch all this take place? sorry im an newfag

>>1816044
Course of sales

>>1816000
Meant for >>1815982

>>1813989
I bought in AC8 yesterday, everything i've been reading shows real potential.

>>1816011
Mate I think you've got it spot on. That's the summary of today's events right there.

>>1816121
It always happens. Typical tree shake

>>1816044
Just match volume of trades with stock price fluctuations throughout the course of the days trading

>>1816142
Should say it

The announcement won't be Monday. Possibly late next week imo

Thoughts on API?

Anyone?

Weekend bump

Anyone playing the ASX sharemarket game? few prizes on offer and see how you go, if interested I'll create a league of /biz/ and we can see how we go against everyone else

What are /biz/'s ASX200/300 picks for 2017? Enough of the meme stocks

>>1817896
Yeah I'm down. When does it start?

>>1817913
Already has but you can still sign up

ASX 200/300 picks anyone?

>>1817461

Ultra-marginal business. $51m NPAT from $3b+ of revenue. I also suspect they borrow regularly to solve cash flow issues.

At least it's a profitable enterprise, though. Which is to say it's better than 80pc of the securities shilled on ASX threads.

>>1818016
Worth watching I think

New GGG article
http://www.mining-journal.com/featured-company-profiles/kvanefjeld-on-the-cusp/

File: ggg_ax30aug16_to_04mar17.png (86KB, 1900x1080px) Image search: [Google]

86KB, 1900x1080px

>>1818276
>http://www.mining-journal.com/featured-company-profiles/kvanefjeld-on-the-cusp/

>>1818281
put an uranium price index over it, this lead to the recent rise and fall

File: 1332828980339.png (430KB, 1149x897px) Image search: [Google]

430KB, 1149x897px

'Morning

>>1819065
LMFAO at all these cucks who aren't up yet. You'll never make it if you sleep until midday!

What does everyone have planned for today?

File: TISMrage.jpg (286KB, 769x576px) Image search: [Google]

286KB, 769x576px

>>1819102
8.10am here - supermarket shop shortly, house chores, then charts.

How much more do you think RMX will fall? Tempted to buy in after the CR

>>1819120
There's support around 2.9-3.0 cents If the market opens poorly on Monday these should be tested.

How are the fundamentals for this lot? I haven't looked

Join our discord group https://discord.gg/F6GRyCD

I know this is kinda off topic, but its sunday arvo, so fuck it.

So I have a full time job which i go to 40 hours/ week, but I wouldnt mind making some cash on the side.
Do you guys have any suggestions for side businesses that I can run in the afternoons and weekends? I like my job and make decent money, I just find that I have alot of free time that I feel like im wasting.
I wouldnt say I really have any hobbies, other than maybe lifting. Im good with tools and have good people skills.

Do you guys have any side businesses?

>>1819739
Lawn mowing, don't scoff at it - especially if you live in an area with lots of boomers and time poor professionals

>>1819765
No scoffing here. I was thinking about this, but I was wondering if the market wasn't already oversaturated.

>>1819787
>>1819765
Not scoffing at all.
I actually know two people who tried to start their own lawn mowing business but it failed because it was over-saturated/ not enough work.

Let's get back on point.

Fund managers are touting the cobalt and lithium explosion coming is Aus.

Also for discussion are medical device via phones worth a look?

If you're not awake and ready, you're not a winner

I'm actually going to kill myself if MLS drops anymore

who 88e

>>1820657
Should only invest that which you are comfortable to lose. Makes the experience just that much more enjoyable / stress free

>>1820776
to be fair, nobody is comfortable losing money, but i get your point

let's pray for GGG today

>>1818016
This

And all Australian pharmaceutical wholesalers are only being kept alive by the government CSO grant (community service obligations). If the gov ever removes that they are totally unsustainable. They still do stupid things like twice daily delivery to pharmacies, just because. Having said that they do own priceline pharmacy which is a reasonable performer. Personally I wouldn't invest though

>>1820657
It's up 8% today my friend, although it looks simply due to speculative activity / buying in super low

>>1820931
like GGG it has simply been the leveraged uranium price for the last weeks

>>1820931
Down 8% you mean.

MLS leaky ship or huge manipulation?

Thinking of buying up some NUH since they're about to start selling their AR earbuds in March anyone got any predictions

>>1821007
A bit of both imo, just hold through till the assays start dropping. Shouldn't be more than a week.

And we're off on MLS,

new Zinc deposit found

http://www.asx.com.au/asxpdf/20170227/pdf/43gc7qq3c7n6gb.pdf

LADS MLS ANNOUNCEMENT

>>1821025
Ayyyyyyyy!!!! MLS pulled through, hope that other anon didn't already kill himself!

Bear in mind this isn't the assay results yet either. MLS will deliver.

Keep holding.

>>1821124
I'm hyped, wish I bought more today at .011, some lucky fucking day trader would have scored a few thousand this afternoon.

Any ideas as to when HSO will stop being dogshit?

What are /biz/ holding long atm? I have about 20k in indexes

Someone just dumped mls @ .012.

>>1821187
Just before the .013 line was about to be wiped too.
Lot of weird activity on this one.

>>1821202
Someone is putting a lot of energy into keeping this sp low.

Anyone else think EQU, GGG and MLS are being manipulated?

All have had great announcements couples rising commodity prices yet no SP increase.

>>1821254
Yeah for sure. As soon as mls spiked on that announcement a ton of shares got dumped.

>>1821265
From the tree shake Friday. Those who picked up a load at 12 just made 16% in 2 days.

>>1821094
We can pretend!
https://youtu.be/RcJL5QVfm6I

>>1821254
Very common amongst microcap stocks where price and volume can be controlled by institutional investors

>Syd/Melb bubbles burst in 20xx
>Dollar collapses
>Mining booms on cheap labor
>Miners make bank and re-invest it in cheap property
>Market restabilizes
>Dollar recovers
>Repeat in 21xx

Thoughts?

>>1821418
>>21**
You're not taking into account technological advancements that change the market

>>1821448
You're gonna need to be less broad... Mining is going to be replaced by robots by the time the bubble bursts?

>>1821317
When are they going to let mls run free I wonder.

>>1821451
Robots that can perform that are still along way out and even then opportunity cost would be real expensive you would need to rethink how mining is constructed.

>>1821451
lol well BHP does use Auto-haul trucks at Yaandi Iron Ore mine in the Pilbara and RioTinto is still trying to get their DIVA driverless trains debugged and operational. It wont take long.

>>1821497
Well thats drivers, still a lot of people employed

Anyway, back to the timeline

>Syd/Melb bubbles burst in 20xx
>Dollar collapses
>Mining booms on cheap labor
>Miners make bank and re-invest it in cheap property
>Market restabilizes
>Dollar recovers

To me this seems probable

File: brilliant.jpg (8KB, 209x200px) Image search: [Google]

8KB, 209x200px

>>1821087
Mate, Zinc is shit below 20%

No-one cares about another garbage Zinc find, which is why you traded 8% down today.

>>1821507
they got Cobalt too.

The main reason it traded down was institutional brokers tree shaking the weak hands. Mate!

>>1821525
Yeah, exactly. That cobalt find was the icing on the cake.

Fuck I hate hotcopper
Going to sell my MLS in the coming days. Its not the rocket ship that we all hoped for. It isnt being manipulated like people keep saying, its just a shit stock with shitty minerals

>>1821582
This is how day traders make their money. It's how i managed to get a load of AGY at 2.3.

>>1821582
From my past experience it's generally unwise to sell right after an announcement, I had a look at MLS and most of the volume today was a .014 which is much higher than what it closed for today.

You're 100% right on avoiding Hotcopper though, they're even worse than Motley Fool

File: Capture1.png (78KB, 1177x555px) Image search: [Google]

78KB, 1177x555px

Thoughts?

File: mls_ax30aug16_to_07mar17.png (85KB, 1900x1080px) Image search: [Google]

85KB, 1900x1080px

>>1821635
>Thoughts?

I would not look at buying this yet

>Buy promising share
>Imediately set a sell for a pip or two above what you bought

Why wont this work, /biz/?

If I had just took my profits when I had the chance, id be up so much more money

>>1821749
what if the stock goes down?

File: 1482552079730.jpg (54KB, 480x481px) Image search: [Google]

54KB, 480x481px

>>1821757
Killjoy!

>>1821757
Then I keep holding until it goes up.
Unless a better more promising stock comes to my attention, in which case I sell at a loss and move on

>>1821772
If only it were that simple

>>1821780
I feel like it would be more simple than trying to pick spec stocks to hold

A large portion of my portfolio is MLS, what do?
The announcement wasnt fantastic, but I feel like the SP should have still moved up atleast some what.
Break even and sell now? Or will it go up in the coming weeks?

>>1821785
Go up in 2-3 weeks with assays

>>1821790
Werent the assays in the announcement?

>>1812170
Er no. People will need cash so they will liquidate their stock holdings.

>>1821772
People always throw this strategy around as an idea.

In practice you will likely end up holding your losers, and selling your winners.

>>1821802
>>1821785
No, that wasn't the assays. It's telling us about a new zinc source they've identified, along with some cobalt. If you've been paying attention, you'll know that cobalt is so hot right now. Honestly, just relax and wait for the assays, I can't see this as anything but tree shaking to steal shares off the weak hands. I think you'll regret it if you bail out now.

>>1821785
if you haven't lost anything, you hold.
If you're down and you still believe it will go up, average down.

Stop being a fucking pussy.

>>1821895

How do you know that wasn't the assays? It was around the 2 week mark and had resource %?

IAM, trading halt. MOU2 here we come.

MLS taking a beating. Still holding for assay results

>>1823291
Yeah, down to .009. Fuck it, I'm in till the assay drops.

>>1823291
>put order in for 200,000 @ 0.011 at close
>wake up this morning and it's filled @ 0.009

Hah, more stop losses hit. This feels exactly like LRS back in Sept. Easiest 40% I'll ever make.

>>1822174
Because the announcement would have been titled "Assay Results" if it was the assay results.

>>1823325
Me too, so many stop losses being triggered this morning, watch the buy side build back up once 0.009c is cleared.

>>1823335
I just topped up another 100K @.009.

Reckon .9c is ground floor?

Mon is the only truly fungible cryptocurrency available and now people are getting caught on DNM through Bitcoin!!!!!!!!! Monero is the answer: http://www.praisemonero.org/

>>1823409
Hope so, feels pretty bad buying 300k at 0.015, regardless, holding till those cheeky assays drop. Definitely not selling at loss.

Just put 3k into XPE, hope it turns out to be something.

Doubled MLS investment at 0.009.

>>1823456
feel sorry for you guys holding that high, don't worry I'm sure it'll bounce back - makes no sense for the SP to drop after a positive announcement and people to sell when the average volume that's gone through prior was much higher

Is there a way to stop getting a paper statement every time i make a trade through commsec? I'm drowning under mail here.

>>1823664
Same

If I had money freed up I'd be buying more MLS at these prices.

Even though I'm sitting in the red, im happy if MLS stays at these prices for a while, gives me time to get money together and buy more at these cheap prices

>>1823664
you should be able to opt out of paper via your CHESS holder.

TV2 (my Achilles heel) is up 83% on close. Shame I'm still down 66% on it :(

A big thank you to the poster who put me onto SAS - up like 50% in a week

>>1821021
yeah do it, is very promising

GGG my african-american companions


http://www.mining-journal.com/featured-company-profiles/kvanefjeld-on-the-cusp/

Did someone say that ceilingfan guy on HC is a 4channer?
God he talks some absolute rubbish

File: mls vol 28 feb.png (66KB, 1900x1080px) Image search: [Google]

66KB, 1900x1080px

>>1821702
Just FYI

>Ewww

Indicators generally are saying don't touch for the time being

>>1823992
Well, he was correct about everything mls did last Friday. I'm wondering if maybe he's the rain man of stocks.

>>1821936
This!

Lower your average then sell off

File: bleeding duck pattern.png (250KB, 805x535px) Image search: [Google]

250KB, 805x535px

>>1808702

>>1824062

How did it get so anally raped? Such a big drop considering there were 2 relatively positive announcements before.

>>1824134
Tree shaking and institutional investors with their millions and volume.
You gotta understand the ASX is very heavily geared in favour of these larger players and you will always get caught up in the typical set of retail investor behaviours which their multi-million dollar algorithms are programmed to take advantage of.

>>1823856
More on TV2. It reached up to 7c last year (when i should have sold) and now it's struggling to regain momentum.

They released an announcement today

http://www.asx.com.au/asxpdf/20170228/pdf/43gdgcqlpfvtwy.pdf

Very promising with a huge, emerging market in Brazil. TV2 has signed a 5 year contract

http://www.theaustralian.com.au/news/latest-news/tv2u-signs-sol-telecom-deal/news-story/a55964a8ec45661a71cd24683bd1d9c3

http://www.asx.com.au/asx/share-price-research/company/TV2

>>1824022
Seeing that makes me want to kill myself.
Why did I buy so much MLS??

>>1821007

That market sector is almost always leaky ships. Information symmetry is a farce in the ASX dirt market

>>1824186
Relax. We're fucking in now, there's no turning back. Wait for the assay. If it's cataclysmically bad, I promise we'll jump off The Gap together.

>>1808613
I bought QHL, it's rumored they are going to get a slice of the JSF program, as the only manufacturer capable in Australia they're the only option.

>>1823090
IAM, MOU2 is NAB. Big news.

There you have it. $8 to 8¢.

Well done, Australian business 'leaders'. You've demonstrated your skill at overseas expansion once again. Just masterly.

>>1825541
Haha. SGH, it's amazing isn't it.

>>1825541
>>1825545
All memes aside imagine how gutted you'd be if you'd invested at $8

People's lives are going to be ruined by this, I remember in high school my teacher was memeing about how they were going to be "The Apple of Law" in year 11 business studies

File: images.jpg (8KB, 225x225px) Image search: [Google]

8KB, 225x225px

Also, thoughts on GXY?

>>1825600
Yea, alot of people would have invested the SMSFs into this. Absolutely shocking.

>>1825645
Is now a good entry, or are they thunder fucked, permanently?

>>1825649
Thunder fucked permanently beyond belief

>>1825649
>>1825665
I don't know. I've been on the sidelines since early Jan, it's only gone one way... Down.

But, the thing should be in a trading halt until May when they get final word on what their debt situation looks like.

They are losing money, but it is improving up 9mil from last reports loss. The restructure is complete, the acquisition in UK is complete. They have some big cases rolling around. They may have a rabbit to pull if they can survive the next 90 days.But I have nothing to put in.

MLS is fucked.
It's taking all the willpower I have to not sell at massive loss.
I'm scared, guys.

>>1824134
People just don't want to believe that another shit Zinc deposit with crappy meme ore (cobalt) grades on the side isn't going to make money.

It's going to be "muh institutions, muh manipulation" from the faithful all the way to oblivion.

Just learn your fucking grades and don't invest in shit.

>>1825607
Hard Rock has been dead for 6+ months at this point.

The peak in Jan was your last chance to get out.

1.3 Bill MC on a 200mill at best annual profit with literally nothing else in sight?
The correct course of action is obvious.

833000 mls options just got exercised

>>1825756
I haven't been able to get an erection for the past week because of the stress that MLS is causing me.
Should I sell now? HC is predicting it to hit 0.005. Thoughts?

>>1825873
Ignore HC. Stop reading their bullshit Hype/FUD. They literally just guess and make shit up.

>>1825878
So it could bounce back up?
Are we expecting any announcements soon with assays or were they in the last one?

Can anyone elaborate on just how shit the grades are?

>>1825881
There have been no assay results posted yet. The last announcement was just pointing out some additional shit they found mostly unrelated to their current drill targets.
I don't even know why they bothered making an announcement for that, maybe to hype up the market a bit by riding the cobalt meme.

There wont be any assay results for a week or two.