HENCE YESTERDAYS RNS.LEAKING NEWS.

Now this should prove to be a very interesting month. Will get the financing and become the multi bagger a lot seem to think that it will?

Does not seem to be any interest in this share on these BBs, although it looks very promising and is already up 10% since I mentioned it here and bought in earlier this week.

Should have further to run........much,much further.

I'm in from a long way back so just beginning to get ahead of break even... have topped up recently... all looking good. no ramp intended... imho... dyor etc
KOD, PROG, TLOU & PROX all looking good too! (IMO)

PXOG that is ( not PROG) !

Yes I have encountered many long term, long suffering holders but this could well be the turning point.

There is a recent broker recommendation of 0,34p.....Though I can't find it any ideas?

Don't understand why this BB is quiet on ALO.

Up over 7% today and with a huge potential once funding is announced, which should be imminent.

Sure called that wrong it's now looking like another AIM dog...just hot air and empty promises.

Can someone please prove me wrong?

Not quite sure my last post was justified, it looks like negotiations for financing of Matala are underway, but could go either way, if it's on the SP will fly. If not......well can anyone sail a submarine?

looks like I called this right well half right anyway as it now looks well and truly like a submarine, they clearly lied to punters over Matala well perhaps lied may be a little strong so let's say mislead the punter.

I did not like to signals and sold out just a week before the suspension, now with them pushing back the deadlines, and this new cheap, well cheap for some, pets???? cash call. I have a total dislike for the board and would not trust them further.

I really feel sorry for those whom I know have large holdings as they will surely lose big time here if the thing ever gets relisted, but they didn't half bash me for selling when I did.

still, things may still come good. however, there have been a few round and about the BBs giving very strong warnings.

A Quick ps.....Just had my Shareprophits newsletter to find TW on form as usual.

This is what he says on the Alecto loan, and brother did I know I was right in not trust the Board......

When were laws on usury abolished: Alecto Minerals - the most expensive loan in AIM history?

2017-06-07 00:24:59

If it is not it is close. Alecto Minerals (ALO) shares in which are expected to resume trading on AIM has announced that it has secured a £800,000 loan repayable in six months for £800,000. But look at the terms. They are outrageous.

I know this will hurt a number of solid ALO posters, a great guy and good poster called Mcfrith in particular who has many many thousands invested here

It's always sad to see one time fellow posters fall out with each other, but they seem to be doing so and are now squabbling over on the LSE ALO BB.

I don't post there just read, posting there is a waste of time if you have a contra comment to make as they will swarm all over you like angry wasps if you have a wrong word against any share where their money has been gambled, no matter if your comment is justified or not.

Anyone who dares to argue over a share there soon disappears off the posts leaving it well and truly a rampers nest......which of course is no good for a proper evaluation of any shares.,

Just did my end of week wrap and could not justify resting up for the weekend without a quick comment on the shambles on the LSE's ALO BB.

I Folowed that stock for a while with a view to buy. However that decision always got put back with each continuing hiccup over financing. Nevertheless despite my reserve the posters on that BB always seemed to be very upbeat, until that is one or two expressed concerns over Chinese backed funding, which the company implied was in the bag, for their matala project.

Those, who expressed concerns really did get bitterly jumped on and unjustifiably so as funding never did materialise.

Then of course the company suspended itself giving deadlines they had no hope of adhering to. Again the punters on the BB were warned by a handful of posters that certainly seemed to know what they were talking about, in any event they knew far more than I ever did and their posts made sense, which ironically were all proven correct, yet the moronic majority there threw rude, cruel and obviously hurtful insults at those who got it right while not being open enough to admit that it was they whom got it wrong, very, very wrong!

I don't see those guys post there anymore I suppose they are content just to be vindicated.

Point being never believe what you read on BB as most are just ramping and simply protecting their holdings at ANY EXPENSE.....even yours.

Needless to say I never bought ALO, nor would I ever consider doing so after so many false starts and broken hearts( just read there for confirmation of the latter).

Now the highly questionable Beaufort have issued a, smoothing cream, broker's note which I think has had the reverse effect than was intended.

Interesting stuff much better than a regular TV soap .

Good luck to all those stuck in there!

COPPER CRASHING DOWN!

Not really good news for this struggling cash pushed company hoping to relist.

I will be polite, the one thing that I don't like is an overly optimistic CEO and equally the same goes for BBs share pushers.

This share has been Pumped by some of the best and where pumping happens so too does the following other two things.....dumping and crying!

A peep on the rather crass lse bb will see the validity of my post.

another little peep in on the other website.

It's all rather pathetic to see the panic there as ALO keeps missing its dates.

I wage when this thing gets relisted it will be at a rather substantially less SP that it was at the suspension.

The reason why I have a down on this share is that the management is really full of it. Now I am going to tread carefully here under the header of PLEASE PAY NO ATTENTION TO ME AS I KNOW NOTHING, and I would not want to bring MonayAM into a spotlight.

I was really interested in this thing and has a number of conversations with MARK JONES. These things grind on as they do and soon I was finding quite a number of inconsistencies and I felt that certain info was being leaked from the board for posting on less reputable financials BBs. To sum up you may ask if I would call MJ a snake in the grass?

Well, I would not know about that, perhaps I could say I have difficulty holding a wet bar of soap in the shower it's you the shareholder that have to decide these things, but I find MJ evasive on most of the non-commercially sensitive stuff he was pushing.

And of course there was the question of him openly statng that he was not taking a salary, a point he laboured most strongly while forgetting to mention the masive consultancy fees he was screwing, oooppp sorry, I must contain myself, I mean, taking from the company. I could never understand that as MJ was emploed as a CEO becuase of what he already knew...so there should be no need to consult himself for the knowledge he already had.

However the guys on the rather tainted LSE BB were lapping it all up even the outright lies, perhaps becuase they were all upbeat and if its one thing that the LSE BB needs like sugar......... is rampistic posts.

If any of the false info posted there was challeged then watch it mate, the whole tribe gathered and came down hard on any wayward poster, no matter how correct they may have been.

I felt it was a place for only ramping fools to poist thats is what I never registered there as it would have been a totally waste of my time unlike here where its just a partial waste of my time( yes., yes a very poor joke).{or is it?}

One posters there tried hard for many months to warn the tribe over this share and its suspension. Man did that posted suffer, but did well and held her own, sadly to be overwhlemed by those opposed to the truth of the matter and common sense. I do not see any further post from this source and of course that's not good for....good debate!

Now it seems that this poster was indeed fully justified in being highly suspicious as the suspension drags on and on and on.......its like waiting in Casablanca.{for those who have seen the film} Over fifty times here and still magic each and every time...they just don't make 'em like that anymore!

Now the former diehard supporters of ALO are beginning to get the jitters.

But enough, for now, I am sure that those reading this, if indeed anyone is, as few pay attention to me, and normally its only my dogs and then its at food time. so leave it for now as far in the air as ALO seems to be and lets say that I feel there is a great big dissapointement on the cards on one hand...and on the other I hope I am, wrong as the strength of the optimism, dreams, hopeful desires and wishes that are wrapped up in this share, not to mentions investors' money could mean that a number will leave the window open after mistaking it for a door.

This is exactly what I feared was going to happen. They have tied this company up in a web of corporate intrigue so thight it will be impossible to untangle.

I don't think the shareholders will see a cent and if they do they will be too old to enjoy it!