NML is due its interrim results now, last year it was the 28th of this month.

They are setting up a new site to explore/research/analyse and all the equipment to do this should be on site now, and drilling should start soon, all this extra news should be covered in the interims.

does anyone have any further positive views on this company ??

It shows up in my normal email inbox.

Sorry can't return the favour since you have not enabled your MAM message system by entering your email address.

Thanks, anyway.

sd

thanks, stockdog..I've sorted that...

NML IS GOING TO THE ""#''##NG MOON MARK MY WORDS

I actually thinks its going further, Pluto here we come!

DREAMMMMMMMMM ON ALL

queen..lol..does it know that?

Queen,

I am interested in your opinion that NML is going to the moon. So far it has done little but fall and although I can believe that it may all come out OK in the end - that is a far cry from your assertion - do you have any solid reason for your optimism - 'cos I could do withj some right now?

Stockdog,

Stop losses are VERY sensible and VERY necessary IMO.

Shares are for buying and selling, not a love affair, so if they don't perform as desired, they should be sold without fail. After all, you can always buy back in again if they rally.

>SD

I'm very surprised that you consider my posts desperate because they are nothing of the sort to me. I have been taking a great deal of satisfaction recently, from my analysis being proved correct - yet again.

Indeed, what encourages me to continue posting on NML, a share that I have not held for a considerable time now, is the fact that quite a few of the shareholders that were so violently opposed to my views and even abusive, have recently agreed that I was correct all along and have even offered to buy me a drink (without hemlock!) when they next meet me.

I suppose if you've been secluded on MAM for the past year, you would not understand all the history that goes with this share. Suffice to say that I have been on the receiving end of a great deal of vitriol on AD^FN from NML shareholders (as Andy will testify) including Mclellan/Takahe.

Even the management had the temerity to try and point the finger of blame for the whole "Death Threats" episode at my door, when I was the person that called in the plain clothes police to protect the directors from harm.

They deliberately misled the press and it was only when the BBC checked with the Police that they verified that far from being the instigator of the threats, I was the one that reported them and tried to prevent any further offences.

When I first discovered that the shareholders were being misled, not just by the directors, but also by one of the shareholders (or so he claimed to be), I was attacked from all quarters, except a few people that accepted I was telling the truth.

So it is perfectly understandable, that after this length of time and that much abuse, one could feel aggresive in return. However, I do not let this emotion cloud my judgement. Instead, I draw satisfaction from the growing numbers of ex-shareholders, who have informed me that through my continued postings, they 'saw the light', stopped-loss, sold up and moved on. At least they managed to get something out of their original investment. They also continue to monitor this share, because they too were misled, both by the management and the other shareholders.

I agree with Andy that it is always wise to set a practical stop-loss before (or just after) one makes an investment. You can never tell if the unexpected might happen. It inevitably does to mining stocks every now and then. By selling on stop, you can sometimes enhance your investment by buying back in at lower levels. You have crystalised a loss and this can be written off against the gains made after the share price rises. So you stand to gain both ways if you can determine bottom.

I suppose that one of the reasons that Takahe sounds so confident (on the brink) is because she is in receipt of un-official communications from the management and the PR people. I would hazard a guess that the data she sent you in the email was something connected with this. We saw that she received an email from the new CEO. When she posted the header to the BB, one of the other posters (the one that has misled the BB) reminded her to remove it, lest it appeared to be PSI. Unfortunately, it was too late. The fact was in the open and the information was verified.

I would say that Takahe's confidence is misplaced IMO. The CEO in question was the same person that made misleading statements by email to shareholders last year. He gave assurances that the company would "Go for it" and would be mining within days of the equipment arriving at the minesite. He was referred to by Wendy D/WDurham as a "Mere bean counter" for his lack of mining expertise or knowledge. So if the information came from him, which the email suggested, then I doubt that it was worth much.

As for the events that are unfolding at the moment. It appears quite clear that the MMs are desperate to unload their surplus NML shares. According to my data, which the others have questioned, but for some reason which the AIM seem to agree (because they've seen it), there is a massive stock overhang. This can only mean that the price drops have been to encourage more buying from the present shareholders.

The MMs are all too aware of what is coming in the Final Results. The interims are a matter of public record and were far worse than expected. As we know, the company has not kept the promises that they made and they are neither cashflow positive or likely to have any revenue for the foreseable future. In which case, IMO the share price is going to drop by far greater percentage than the 27% seen last year (over two weeks). The share might even be suspended.

Various rumours have surfaced on AD^FN. Even on this BB as seen above. However, none of the posters have been able to corroberate their analysis and it appears that the MMs may have started the rumours to encourage the buying.

You said:

I have myself occasionally posted quite extensively (negatively) on stocks which I do not own, but am interested in considering whether I should own them - always with pretty good nature and giving reasons (either analysis or personal expertise) for my statements and hoping to stimulate debate from others who know something I have overlooked. I have, it must be said, somtimes received a large dose of vitriole in return from desperate holders who have probably lost substantial value for the very reasons I gave that I was not prepared to invest - no one likes a smart-arse, I guess.

So you understand what it is like to be attacked for holding a contrarian opinion or an opposing view. However, the facts are that I did predict a lot of what befell this share before it happened. In return I was attacked - not only on the NML BB, but they even followed me to other BBs and posted abuse there too. You may consider Takahe more couteous than myself, but then you haven't seen the full picture and had you done so, then you might have comprehended how this situation came to pass.

You seem to have very much made your mind up and I remember some of the posts you made earlier in the year. Maybe as a example of the insults and abuse I've received, you should cast your mind back to post 1095 on this thread. An abusive poster call mjr1234 (also known as English Bigblls on AD^FN) called me "scum head" and had to be reminded of BB etiquette by MAM. This is just a minor example of the sort of vitriole I have received over NML. And yet, a few shareholders did take note of what I said and sold their shares and have since thanked me for saving them from further losses. So my efforts were not in vain.

It is such a great shame that this company did not have better management at the helm. Given the data, they might have been able to return some revenue. In fact, it appeared in April that they might even have been able to make a profit from the alluvials. Sadly, we did not know at the time that they had already diverted resources and changed priorities. What we did know is that the company had a bad track record of misleading the shareholders.

If you've decided to stick with NML, then that is your choice. I will continue to post analysis on the BBs. You've accepted that the share could fail - even as a cash shell it is well over valued. So it may drop some more before someone becomes interested.

My chief interest in NML is in seeing that those that participated in any market abuse are investigated and punished. To that end, the appropriate reports have been filed and matters are in hand. The press may very well be reporting on this in the near future.

Yes, Anomalous, but why?

Anom..receiving vitriol from me...that is a joke.! You post pages and pages of pure hatred towards NML shareholders, especially any who try to present anything positive, like myself. As for your statement"Takahe sounds so confident (on the brink) is because she is in receipt of un-official communications from the management and the PR people. I would hazard a guess that the data she sent you in the email was something connected with this. We saw that she received an email from the new CEO. When she posted the header to the BB, one of the other posters (the one that has misled the BB) reminded her to remove it, lest it appeared to be PSI. Unfortunately, it was too late. The fact was in the open and the information was verified" ...that is absolute NONSENSE. I do not have ANY PSI information, as you very well know. If I did , I would hardly be so stupid as to post it!
You have one set of rules for yourself, Anom and one for others. You ramp EPD endlessly with exaggerated figures but if anyone says anything positive about NML , you claim they must have insider information.
It really is very pathetic.
Your statements here are libellous.

also..."even as a cash shell it is well over valued"...you have not got a clue what you are talking about.How could you possibly know what the value is? As for your spreadsheets, they are inaccurate.As Ianwc says, you want to do a course in statistics.
NML are hoping to get a JV in Angola, in a potentially valuable kimberlite area (C9) with one of the world's biggest diamond producers....what is deceptive about that?
I agree with you that they have gone about it a rather strange way and I am not 'confident' about it, as you state above but I see no reason to asume that they are the con merchants that you constantly portray them as. 4 people have reported YOU to the FSA Consumer Affairs Dept for your unrelenting mis-representation of affairs related to NML.
Anomalous must be right...and twists things to suit his agenda which is to get revenge on the shareholders.
Good luck to all holders!

I have no idea why but this has just moved up 33% any ideas anyone?

ragg..lol..if I had that psi, I might be able to tell you! But..unfortunately...I don't.
Perhaps some Hudson news due to appear? It is due...

There has been a post on the AD^FN BB this morning that indicates that PSI is being passed IMO:

notready - 18 Oct'05 - 08:36 - 156 of 162

mclellan,

Just filter him and relieve yourself of the stress. He is bitter and twisted by the fall of EPD from his projeced 60p to 22p today. He is trying to divert attention from his ramping of that share when he caused many to lose a lot of money. He should be ashamed at what he has done to people on EPD and his gratuitous bashing of the sentiment of NML.

EPD may come good, and NML will come good. What Anom says about either doesn't change a thing.

Progress on a kimberlite jv and resumption/sub-contracting of the alluvial mining WILL result in a very big rise in NML, with anything bad that could be said having already been said. That bashing will then be ignored during the rise.

Chill, and wait in the knowledge of what the company and PR guys have clarified.

;-)

It's quite certain from this post - discussing "sub-contracting", something not mentioned in the recent NML RNS, that PSI is being passed around. It amazes me that notready even claims that this news will cause NML to rise. She is confirming that news that she has, and that the company and PR people clarified - will cause the share price to rise.

She is so blatant that she might as well have even put up the email concerned and 'rung the dinner bell' because it is quite clear what the import of the information is.

Absolute nonsense..Anomalous...and you are distorting what she said. You come over here to post your rubbish hoping no one from ADVFN where there are many more investors posting, will see it.
You know perfectly well that NML would hope to restart the alluvials...but the JV is where the money is, and that is why they have taken the chance they did. Notready didn't say the alluvials alone would cause the price to soar...don't distort things ..or is it the way you see them?
Having a conversation in which a "theory" is discussed is NOT PSI...you should know that...

This thread seems to have got lost...

Well where did you last place it?!

Anom...seriously, I couldn't find it on the lists...had to do a 'search'
What a horrible day on the markets!

Absolutely dreadfull - I can't get over how much AFD has dropped. There's no reason for it, unless of course the MMs have some large T trades to complete or the news on AK8 is leaking. Even EPD is up and down like a yo-yo, as most other minexs are.

Your 650k trade today is most likely the second half of another 1 million dump. The 300k yesterday looke suspicious and even if it was a buy, which I don't think it was, the MMs have not been able to move very much on the rise.