Im with the general opinion, listen to the older hands. While 5k is alot of money it is not that much if you are trying to buy mid cap shares and the costs will soon wipe out the profits, that means as with most the aim shares look more attractive. If you get them right you clean up but mostly you have to keep money in for along time before they move (depending on what profit you want and what your timeline for return is ). spreadbetting is fine but trade for a good while till you get it right more times than wrong and aim for shares which have a least twice the upside to downside ( short or long ). Also look at the general market if it is a bear market week beware of being to bullish. When I started spreadbetting I made the mistake of falling for the index trap, looks easy to make a lot but the spreads are against you and I learnt the hard way. Went back to good old shares. Of course all IMO and all the best and lol

Ah well, you try and help, do us one favour, stick it on ya watchlist for several months, check it by summer, then toward the end of year and beyond for that matter.

Gausie , you read my post and within 20 minutes told everyone to be wary, I've spent countless money on professional opinion, weeks of research (still digging now pardon the pun), and a fare amount of money on various sites to gain my info.

Posts like yours just shows how narrowminded you are, if you had replied at say 8 or 9 oclock tonight with some backing as why you thought what you have then maybe I or we would beleive you.

If you don't believe what you read on a bb why are you here ???

Try some research yourself, instead of criticising helpful people, gausie you ain't the only person to help others.

edit :- PS >>>>> I was the one who tipped DDD when it was 9p, sure alot of peeps said a quiet thanks on that one !!

No offence meant LEEWINK, but say you get it wrong, and thesaurus takes you up on your advise - are you going to compensate him?

Anyone buying your hot tip when the share hit it high in Feb would currently be sitting on a almost a 50% loss and from the research I've done so far all I see is a company that keeps issuing shares to keep going - and the biggest surprise a figure of $5,192,338 for Exploration expenditure held on the balance sheet as an ASSET - so when are they going to treat this expenditure as expenditure? (Perhaps when it means it won't wipe out the rest of the balance sheet!)

The only this guarenteed in Life is that one day we all die.....

Like you say, a "tip" is a choice for yourself to decide on, you obviously don't know all the "cash at bank" details, anyway the measly 5m your on about is a mere 5 months mining of 6+ years worth, they have cash facilities more than this, what about the niobium and tantalum updates we are waiting on too, care to answer what this could do also.

Compensation has nothing to do with it, and a suggestion of such is ridiculous and petty, will I get compensated if I lose on my 15k investment.

Seems a few can't get there heads round the idea that someone can be reasonable on a bb, your researching is not up to much if you can only find this tiny insignificant minus, and you cant see the plusses coming.

And yes we all die, thats the only sensible thing you've said.

Listen to Gausie. Listen and think. All he is really saying is heed the market.

Why should LEEWINK (with all due respect) know something that has been hidden from the rest of us in the marketplace?

LEEWINK says he has "spent countless money on professional opinion, weeks of research (still digging now pardon the pun), and a fare amount of money on various sites to gain my info".

Well, we all do research, but who did he spend all this "countless money" with? I think we should be told the source of this apparently extremely expensive wisdom.

I'm not mocking -- I'm merely exhorting caution -- how do we know who LEEWINK is or what he knows?

The final danger sign "If you don't believe what you read on a bb why are you here ???"

Do you believe everything you read on a BB? Yes? In which case, I can authoritively tell you that the Moon is, indeed, made of Green Cheese.

Now you all know, for sure.

MM

12th August 2003 I mentioned NOP, could of doubled your money on that one, and a few probably did at minimal, shortly after this date NOP had a centre large spread in one of the main newspapers, from there people started to see and hear about the company for its potential, and onward it went from there.

Its early stages for NML now, mine prospecting in other minerals is due to come to a head soon, and the work to begin on the mines themselves to get this latest diamond mine started, it will happen, the latest area of land in question still has further possible exploration and this insert now is from there current and lastest RNS.

Now If i said to you 6 months ago buy AFD you would of had the same reaction as now when I say NML, AFD 10 folded in 4-5 months of open, and although has dropped to stable now, still looks a good share if you had it at the low of 7p, it is to me the base level to buy NML now, as the prospecting starts, NML are utilising machinery very well and can shift it to whichever projects they like, "others" I think was mentioned.

NML have produced concrete evidence of the upside potential now, but there is so many further possibilities as you can see again, from this last RNS insert :-

************************************************************

Angola Diamonds

New Millennium Resources N.L. acquired 100% of Angola Resources Pty Ltd that has
entered into a joint venture with ENDIAMA E.P. and Mombo LDA (Angolan
Companies), which hold diamond concession C9 in Angola (Lapi Diamond Project).

The company's Concession Area C9, is located 45km North East of Saurimo, the
provincial capital of Lunda Sul.

Concession Area C9 is 323sq.km in area and is located 30 km north of the large,
operating Catoca diamond mine in the North East of Angola. Extensive mapping and
exploration has identified an inferred resource of 3.7 million carats. There is
potential for 8.7 million carats just in the currently known area.

Four rivers including the Rio Chicapa flow through the tenement, providing
sufficient water for operations. The sparse vegetation and mostly flat landscape
lends itself to both land and dredging operations with low production costs.

The diamond industry in Angola has been an important component of the country's
economy for over ninety years and has enormous potential. The Angolan Government
has signed the United Nations agreement to certify all diamonds produced and has
provided secure title to the tenement.

The company has put in place a highly experienced management team that aims to
vigorously pursue the exploration and development programme planned for the
tenements.

The corporate strategy of New Millennium Resources N.L. is to enhance the
shareholders assets by:

Developing the Lapi Diamond Projects alluvial deposits in Area C, at an
initial rate of 10,000 carats per month.

Establishing a sound financial and operating base for the company, and

Acquisition and/or development of other diamond bearing areas, or of
income producing projects (either as owner operator or in joint venture with
suitable partners).

The company has purchased plant and equipment for a confirmation prospecting
programme. The programme is planned to commence in April and will take two
months to complete. On completion of the prospecting programme, the plant will
be put into production on a selected site. A modular primary production plant
with capacity to be relocated and expanded will then be installed to produce
diamonds from the alluvial deposits at the planned production rate of 10,000
carats per month. The Lapi Diamond Project is then expected to generate an
initial cash operating surplus of US$1.2 million per month (NMR's share will be
US$0.6m).

*****************************************************

Bear in mind, this is only the new diamond area which in time terms is young, they also mine precious metals etc to which the company are constantly gaining ground on too, as well as more in the pipeline, like you say, you makes ya choice.

Lee

A very long and, I'm sure, a very informative post.

However - unless there's anything there that you and only you know or understands, then it's all in the price. If the market knows it then the market's priced it.

Gausie

Thanks for the responses Testex, Leewink.

I'm a little concerned that this thread is rapidly going off topic, so have set up a new thread specifically to look at the question 'It's all in the price - or is it?'

Please can we move this discussion HERE. I have taken the liberty of copying a few of these posts over to the new thread.

Thanks

Gausie

LEEWINK, I don't call $134,076 cash @ 31 Dec 03 at lot of money. They have had to issue 2 lots of shares to raise more cash, as they didn't have enough to keep going. The 2nd issue was because they didn't issue enough the first time.

This company needs some results and yes, if they get it soon you are right, the share price will take off.

But if they don't get some results soon, they are going to run out of money and if they can't raise it next time they will go bust and you will lose all your money.

ITS VERY HIGH RISK and NOT GUAREENTEED

None of them are ever Guareenteed. (or even Guaranteed - did u learn nofin from RH)

Spelling has never been a strong point of mine - give me numbers every time!

LEEWINK - You're talking bollocks.

Littlewoman - you're quite correct in your assertion, even though your post contains smelling pisstakes.

Quite right Rudolph. The only share for which anyone has been able to predict the future has been PDX. But that's different :-)

I once new a bookie whose house was called "Fool's Money".

The online bookies are sometimes call "stockbrokers" or "barrow boys".

Get some basic books on the stock market read 1,2,3 times.

I don't know much about charting but recently bought "Technical Analysis for Dummies" By Barbara Rockefeller. It seems logical and not over blown. I wish I had read it 10years ago.

Get a stockmarket portfolio software package to follow your ideas and make believe punts with. Or better still use a spread sheet and write your own. Look at the graphs!!!!

Read the "Zulu Principle" Jim SLater.

Divide your pot into 1 or 2 portions labelled eg. Safe bets 2/3 and Gambles 1/3.

Check the SPREADS.

Invest in the Safe bets something relating to your present work which you think is a good idea. Check the promised returns on capital invested in the company .
Look at the fundamentals Remember the figures reported are generally lies.


Same applies for the gambles but invest in smaller companie. Remembering many promising companies are not in profit and perhaps never will be!

Run both phantom portfolios side by side for six months. (I think the market at the moment is treacherous. (After looking at my different portfolios I feel I have betrayed myself for the last few months.)

Do this for 6months before six months before real life gambling.

Re-analyse the reasons for your buys and sells. Especially your losses.

Get an on-line broker with research facillities and On-Stop losses. "think about Stop Losses"

I use Comdirect for SIPPS. A little more expensive than some but has good research facillities.

Don't rush in because the company is the flavour of the month. Follow it for a few months, even to and after their AGM etc.

After you have done this for 6-12 months you may have enough knowledge of the market to consider over gambling techniques ie, Spread betting, CFDS, Etc.

But remember generally there is more time and perhaps chance to recover from a bad stock purchase than a bad "bet".

Remember for you to be making money, somebody is loosing theirs. And the "bookies" are in the middle smiling.

Forgot WHAT DO YOU MEAN BY SHORT TERM!!!!!!

Buy a mask and rob a bank!!!

"Going off topic", I posted a reasonable point, you slated me for it, to which I had to justify it.

Ok, its getting silly now, the company aint skint, its got massive loan facility if it needs it, which I must add I don't think they've touched it, it may of issued shares to cover costs, but they were quickly snapped up by investor(s), and of course the upper top management transferred all there funds from other interests to lose, why did they transfer this or these massive amounts ??? because of the potential gains by any chance, this was very recent.

" It is all in the price " LOL, as if

thx testex for your inputs, shame peeps can't see a good one even if its right there in front of 'em.

"If it can't get results soon", the company will be skint, I think someone has missed the point here, try this :- 1 MILLION USD A MONTH INCOME BASED ON 20,000 CARATS A MONTH FOR 6 YEARS, ITS IN BLACK AND WHITE.

Leewink.

My most sincere apologies to you and your kind. I'm sure they're a top notch company and thats why their price is going up so quickly.



Whats your target? 2p?

LOL, as you will

Why is this thread being use to try and plug shares? Or is this ramping?

Why not start the appropiate thread for the company?

Dear me!Same old stuff.
Listen to Gausie /little woman.
And print that chart off:-)