The ShareProphets Sunday Pub Quiz #62
Welcome to the Sunday ShareProphets Pub Quiz. Find your own beer, sit in the most comfortable seat, and, under no circumstances, can you Google the answer. Only I can do that. There are no prizes but post your scores in the comments for bouquets and brickbats.
- By Darren Atwater |
- 8 November 2020, 11:37 |
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The View from the Montana Log-Cabin, What gold shares to BUY and what I am holding now
As I pile up my cans of beans and bury a bit more gold in the woods behind my log-cabin, I look at the outside world with dismay. Europe and the UK is locked down again – the UK seemingly on outdated flimsy evidence – and the central banks are once again printing money without regard to history. So much for a V-shaped recovery, we are headed for a double-dip recession or worse.
- By Nigel Somerville |
- 8 November 2020, 11:21 |
Notes from Underground - Most read articles for the week ending 7 November 2020
The most read non-Tom article this week is Grim and Grimmer as Lockdown 2 heads this way – what I am selling at 8 AM tomorrow by Nigel Somerville (for an incredible fourth week in a row) at a wonderful number one (for the second week in a row) or at number six, including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
- By Darren Atwater |
- 8 November 2020, 11:13 |
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Tom Winnifrith Bearcast: A rather sad time as the Police helicopters scan the River Dee
I discuss why they scan and reflect on the links between pointless lockdown and suicides. I discuss the final victory of Joe Biden and then look at house prices and why they have not yet collapsed and why this is not a re-run of the 1970s.
- By Tom Winnifrith |
- 7 November 2020, 17:37 |
The US heads for a very serious constitutional crisis as two Presidents go head to head
Two tribes go to war
- By David Scott |
- 7 November 2020, 17:36 |
Jubilee Metals – further significant Zambia diversification, already way ahead on this share tip, price target increased again...
Jubilee Metals (JLP) “is pleased to announce that it has successfully concluded further copper tailings transactions to secure the rights to an additional approximately 115 million tonnes of copper and cobalt containing surface tailings in Zambia”…
- By Tom Winnifrith & Steve Moore |
- 7 November 2020, 17:32 |
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Chariot Oil & Gas – Re-rated, but is it still a buy?
I’m sure most readers know I have been rather grumpy about my favourite sector, oil and gas, since March / April this year. In fact I have had very little positive to say about most companies in the sector all year. Chariot Oil and Gas (CHAR) was one I highlighted in July, having responded to a fellow shareholders concerns and comments. I was positive but cautious. It’s done rather well since, and its shares are up by some 500% since then. But what now?
- By Peter Brailey |
- 7 November 2020, 15:51 |
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A Golden Prospect with US Election out of the way?
Well, not so fast, because Joe Biden hasn’t formally won yet but the writing is on the wall. Notwithstanding that minor detail, Gold has had a storming few days, rising to $1950 per oz having kicked off the week at sub-$1880. One very strong performer was fully-listed Golden Prospect (GPM), along with its subscription shares (GPSS).
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 7 November 2020, 14:34 |
Video: A Biden Win is Great for Gold
Writer and trader Gary Wagner says that folks are waiting for more stimulus, but the next program will likely not arrive until February. The US economy continues to contract, and while some businesses are doing very well, others are being hit quite hard. The Fed has stated that interest rates will remain unchanged as it still has some options in their toolbox.He says that you can expect gold and equities to continue to do well in this environment.
- By Tom Winnifrith |
- 7 November 2020, 14:21 |
Table of shorted AIM shares - week to 06/11/2020
From the FCA’s spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2019 and thus far in 2020 (by net short position %, those in bold not on the list at the start of 2020) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week…
- By Steve Moore |
- 7 November 2020, 14:18 |
Watch the Trend, Friend, if You Want to Bag Money-Making Opportunities.
Hello, Share Kickers. There aren’t many sensible strategies in Crazyland that ignore the sound principals of a company that are known as ‘the fundamentals.’ But my favourite ploy falls into this rare category. It’s the fabled financial proverb ‘The Trend is your Friend’. It’s made me a lot of money over the years and when I’ve ignored it, well, it’s cost me a load of gelt, too.
- By Malcolm Stacey |
- 7 November 2020, 13:07 |
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Hero of the day: Mike Ashley calls out Michael Gove out as a clueless authoritarian Covid imbecile
It is not often I have nice things to say about the loathsome lard-bucket Mike Ashley but, just for today, he is my hero as his Frazer’s Group has put out a statement on the Covid shutdown. As you might expect, Mike does not mince his words:
- By Tom Winnifrith |
- 6 November 2020, 16:03 |
Tasty plc – still “hopeful… will be able to navigate our way through”?
Previously writing on Wildwood and dim t restaurants company Tasty plc (TAST), I’ve noted the financial situation from a market cap of below £4 million saw my stance avoid / sell. Now a “Statement re: Restaurant Closures” – and the shares currently further lower to 1.25p…
- By Steve Moore |
- 6 November 2020, 15:32 |
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Wishbone Gold – shares rocket, what to do?
We hope very much that you took our strong advice to average down on Wishbone Gold (WSBN) at just 2.1p in August. If you did you must now be well ahead. My own losses on this stock are now down to less than £15,000! They were double that. This is following latest news from Australia. And it seems very encouraging…
- By Tom Winnifrith for HotStockRockets |
- 6 November 2020, 12:57 |
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Tom Winnifrith Bearcast: all about 1 AIM stock
The company is cyber security outfit ECSC Group (ECSC) and in this podcast I dissect its finals from last year, interims, recent trading statement and other red flags leading me to explain why you should not buy into the hot sector argument and should not touch it with a bargepole.
- By Tom Winnifrith |
- 6 November 2020, 12:21 |
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URU – In Whose Interests?
AIM-listed technically insolvent John Zorbas POS URU Metals (URU) announced yesterday that it has for the second time extended the initial 90-day initial notice period on its convertible death-spiral loan by a further 90 days. With the shares at 260p, the initial deal to convert the loan is massively more attractive for the loan shark than the 35% discount that would otherwise apply – so why is URU doing this?
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 6 November 2020, 10:59 |
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Tern – When Will the Cash Run Out as Another Loan Heads to DA? Placing ahoy as shares crash
AIM-listed jam-tomorrow investment company Tern (TERN) has seen its shares come crashing back down again: there is still no news from Wyld (quelle surprise) and another stack of cash has headed off to the great computer in the sky over at Device Authority – not that Tern has announced that either. Having raised £1.5 million back in July, I wonder how much cash will be left over by Christmas.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 6 November 2020, 10:20 |
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Shout-out for the big boys such as Barrick Gold!
- By Chris Bailey of Financial Orbit |
- 6 November 2020, 10:20 |
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Elecosoft - not only has the main guy gone but also, for reasons unexplained, the auditor has changed. More Red flags vicar?
As you know we have been big bears of AIM promote Elecosoft (ELCO). There were so many red flags when we published a major bear report HERE including Stockopedia of Wirecard, Globo & Quindell infamy having it as atop pick, Vox Markets promotion and highly aggressive accounting. They mounted when ElecoSoft started threatening legal action. Since then the chairman and founder has walked and now this.
- By Tom Winnifrith, The Sheriff of AIM |
- 6 November 2020, 08:12 |
Anglo Asian Mining – updated mineral resources and ore reserves, still a risk/reward buy...
Anglo Asian Mining (AAZ) has announced updated mineral resources and ore reserves and that “our ongoing exploration programme targeting five new deposits is also expected to produce additional ore sources”…
- By Tom Winnifrith & Steve Moore |
- 6 November 2020, 08:11 |