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 ??

I really hopes so...This woman really loves diamonds :-)

Di: I believe you love lolly too! Take a look at ITR and recent posts. Putting their own release together with that of Red-M, it appears that their holding in the new flotation in June on AIM will be worth at least as much as the current cap. of the whole company. Not twigged yet by the market. ITR's interims and the analysis of their holdings gives credibility to the viewpoint.

Eric

Thanks Eric...I've no spare dosh at the mo...I am awaiting NML or Griffin to get going on the mining or for the market to wake up to YOO...tick tock :-)

Anyone thinking of topping up at this level before news?

I know I am.

Banking on nothing more until June; then depends on progress elsewhere during May. But sensible to go in now if you have the spare dosh.

Mjr

No, think i will just watch this one and not buy.

Eric

Asc down a bit today - any reason??!

Di: switched from YOO to ASC; probably from the crypt to the graveyard! At least if you rise from there, you've got blue sky above rather than a supulchre!

legend: another shorting effort probably - fall in line with AIM market over last month (-15%), together with warning of market conditions from IDS. Taken opportunity to get back in. pe of 14 on recent Seymour Pierce and Shore Capital forecasts for current year.

Eric

I know eric, its shocking... seeing value just diminish like that.. a couple of mine have taken a hammering of late. Im happy to ride it out and wait for my price.

Just not nice at all. Market is dead and it is increasingly hard to make a quick buck...

Agree legend - see my post on ASC thread aboutcurrent market.

SD

stockdog and I are always thinking the same thing, except when it comes to food! Sometimes he is first and sometimes I am second. But my contribution on the ASC thread is perspicacious - unless you have a good reason why the share should move positively between now and Setember, sell it and go way. Trouble is, there are positive reasons, so I think, why all mine should go up!

By the way, legend, see you in the top 200, which is better than my current position. 'Current' because I intend to beat all these shorters!

Eric

How do you mean in the top 200?? What is it??

Well Eric, just remember that the shorters have to buy the shares back at some time in the future... market makers will screw them over so easily.

We will see what post election vibes are over the next week!!!

Stay lucky

There is a Legend at 136th in the Champion Investor league table in Shares magazine this week. if not you, you can still enter but will need to change your name! Actually, a good time to enter because there are only 21 investors in positive territory out of I don't know how many; I know I am languishing around 400th, almost 10% down. However, I have a secred weapon which will project me to the top before the competition is finished. Dosh for winners!

Eric

I don't remember entering!! I could do with the cash - I'm skint at the mo. How do you enter??!!

What is your sacred weapon Eric??

legend: my sacred weapon was really secret but probably does need a lot of faith - and a lot of luck. Not saying except to advise a serious look at Interregnum (ITR)!

Just visit the Champion Investor thread at the top of the list.

Eric

Thanks mate, im entered... am off to dominican for 2 wks but will try to monitor the stocks while away.

Good luck

Where's the big sell?

What big sell?

NJR,

only the offer was lowered today, the bid held steady, trying to tempt buyers in by the looks of it.

Only 1 sell and 3 buys IMHO, no large sell.

Put it this way,

On Monday you could buy up to 250k at 4.38p,

Now you can buy 500k for 4.0p online.

This suggested to me that a big sell had gone through, so I was a bit surprised when none turned up.

Nice to see a few buyers this morning though, at this bargain price.

mjr,

Ok fair enough, in fact there MAY be a large protected sell being worked by the MM's, and IF there is, we won't know until it's complete.

I take your point regarding the lower offer, it does look at though they are trying to tempt in some buyers IMO.