New sessions at UK Investor with Tom Winnifrith on Cloudtag and David Lenigas on Africa and UK Oil - new ticket offer
December edition of the UK Investor Magazine - featuring 7 tips, what our writers want for Christmas, Interviews with Conroy Gold and ECR minerals and much more
Tom Winnifrith Bearcast: Grinding Poverty & Shit Internet in Wales & How the Mitie are fallen ( or soon will be)
Published 8 days ago
As at 30 June 2016 Golden Saint Resources (GSR) had $722,000 cash and cash equivalents but by mid November the tank was empty and this cash guzzling joke of a company needed to raise another £400,000 gross (call it £350,000 net or $450,000) to keep going. So how much is left? The share price tells you that cash is running out fast (again) - the stock is now at an all time low of 0.025-0.03p valuing this crock at just £1.6 million. That, BTW, is £1.6 million too much.
Published 15 days ago
Floated at 10p, a couple of years later shares in Golden Saint Resources (GSR) trade at 0.03p to sell. Gosh that £36,000 a year it invested in securing the services of PR genius Steffi was money well spent was it not? But one ex shareholder, the founder Cyril d'Silva does not look too unhappy as a new photo of him in action last month demonstrates. Nice one Cyril. Well for him anyway.
Published 27 days ago
It was the night before Christmas and Roland "Fatty" Cornish, a man widely known as the worst Nomad on the AIM casino staggered across the threshold of his £3 million luxury mansion in Chiswick. For the sake of Mrs Cornish he pretended that the stagger was because his chubby little arms were full of presents. The reality was that he had just enjoyed his final meal of the year at his favourite City restaurant, le Corchon Évitement fiscal.
Published 62 days ago
I was struck by a number of conversations I enjoyed during my trip to London this week with brokers on the sell side and also bucket shop investors - they are rushed off their feet. This is confirmed by the comment below from Andrew Monk of VSA and it tells you two things very clearly. Take heed, you have been warned.
Published 62 days ago
Christ I am naive. There was I thinking that all the twitter and Bulletin Board ramping during the past two weeks was there to allow disgraced PR genius Steffi to dump her few remaining shares in this worthless piece of Turkish. Oh no. Silly me. It was a pump before a different sort of dump. A bail-out placing dump. The release is a hoot. It can only have been written by a compulsive liar. Remind me: who does the PR again?
Published 72 days ago
Cyril d'Silva who floated Golden Saint Resources (GSR) at 10p a share three years ago has just updated his facebook profile with a new picture. With the shares at 0.05p Investors have lost 99.5% of their money but Cyril does not seem to be starving. The word on the street is that Golden is trying to get another bailout placing away urgently as it is again out of cash. Meanwhile as you look at the smug fat fellow below do you have a suitable caption for the photo. Entries in the comments section below before midnight Tuesday please.
Published 77 days ago
I start with a quick discussion on how we in the UK just don't get US politics and explain why Donald Trump will win - in fact he is already 8% ahead you read it HERE first! Then I explain why Peel Hunt is probably going to bully me with a lawyers letter regarding the Berkeley Energia (BKY) note HERE. My proposition for Steffi is not to make an honest woman of her...that would be going too far but concerns her worthless client Golden Saint Resources (GSR) and is prompted by her unhappiness at my earlier Bearcast Special HERE. I look at Andalas (ADL), Greka Drilling (GDL) and BlueRock Diamonds (BRD). I am now trying to renew my father's parking permit with Warwickshire County Council and have been kept hanging on a line for ages by the incompetent bastards. String em up with piano wire..
Published 99 days ago
Yes that is this afternoon's treat and it reminds me of when the Mrs and I went there to get permission to marry. On the markets I look at China Africa Resources (CAL) - what could possibly go wrong? Then I cover Synairgen (SNG) and the risks folks do not understand in biotech, DiamondCorp (DCP), Premier Foods (PFD), Golden Saint Resources (GSR) and what PR genius Steffi has not told you.
Published 100 days ago
I start on the issue of hate crimes against gays and Brexit and the Guardian just showing it does not understand data analysis as it spreads palpable lies - see HERE. Then it is onto comedy central with Conman Windham and apps for millennials via Valiant Investments. You really could not make this up. I comment on Eurasia Mining (EUA), Golden Saint Resources (DOGWITHFLEAS), Pittards (PTD) and Kefi (KEFI).
Published 151 days ago
As one of those terrible foreigners who have come to steal jobs from hard done by Brits, I'm already subject to a fingerprint check every time that I cross the border. Also, I have to use the terrible foreigner line-up instead of the whizzy EU/UK passport line.
Published 152 days ago
No more public service calls today, I would not want you thinking that I am a nice guy: yesterday was a one off! Lucian seems to have found a new China Norfolk over on the Nifty Fifty. I look at AEC (AEC) which should not be on AIM, On-Line (ONL) and its relationship with ADFVN (AFN), Glenwick (GWIK) and Golden Saint Resources (GSR) which - after this - is simply not investable or credible in any way shape or form. And there is more to come. On the bull tack I look at Independent Oil & Gas (IOG). Yes I did say bull tack!
Published 153 days ago
This post appeared on our comments section yesterady after an expose (HERE) about Golden Saint Resources (GSR). The post is written by the former brother in law of Golden Saint founder Cyril d'Silva. I have today spoken to him and there is far more to come. How on earth Roland "fatty" Cornish floated this worthless junk defies belief. But it was and still is clearly utterly worthless. Over to our new friend who writes:
Published 154 days ago
Perhaps my question as to what was going on regarding AIM-listed Golden Saint (GSR) and its ongoing licence renewal saga landed just in perfect time between Nomad Roland “fatty” Cornish’s breakfast and lunch, as the company issued a statement shortly after my earlier piece today. Jolly good – let’s see what the company has to say for itself….
Published 154 days ago
On 19 July AIM-listed POS Golden Saint Resources (GSR) announced that it would make arrangements to pay the licence renewal fees in the course of the next two weeks. Well, here we are well into week 5: has the money been paid or not? Have the licences actually been renewed?
Published 161 days ago
Firstly I have a problem with my box set of "The Omen" and ask for your help. I then discuss in light of today's three legal scoops with documents falling into my paws ( Strat Aero - HERE, Iofina - HERE and Golden Saint Resources - HERE) the 3Xs who help investigative journalists do their job and my encounters with all three on Quindell and other cases. At a company level I look at: Card factory (CARD), Iofina (IOF), Noricum Gold (NMG), Avanti Communications (AVN) and xCite Energy (XEL) and i also discuss why Cloudtag (CTAG) shareholders are like a swarm of wasps and what that means.
Published 161 days ago
Is this the reason that Cyril d'Silva quit as boss of AIM POS Golden Saint Resources (GSR) on 10 February 2016 - a court judgement against him in Singapore for £1.6 million plus interest from 27 January 2016.
Published 166 days ago
On 19 July AIM-listed POS Golden Saint Resources (GSR) released an RNS entitled Licence Renewal and Operational Update. What we learned was that in fact it had not renewed its licences at all (in Sierra Leone) but that it would be making arrangements to pay for the…licences in the course of the next two weeks. That was two and a half weeks ago: has it paid? Has it been granted the permits?
Published 183 days ago
AIM-listed POS Golden Saint Resources (GSR) has announced that it I to renew its three exploration licences in Sierra Leone and that it will be making arrangements to pay the fees over the course of the next two weeks. But the detail of the RNS reveals just how desperate the company was for cash at the back end of 2015, and seems to suggest also that there wasn’t exactly a queue around the block outside the Sierra Leone National Minerals Agency to compete for these obviously highly prospective plots.
Published 191 days ago
A short bearcast because of the family situation flagged up yesterday. I start with the election of Theresa May which seems to have pleased the markets BUT NOT ME!. Then I look at Orchard Funding (ORCH), IGAS (IGAS), Avanti Communications (AVN) and Golden Saint Resources (GSR)
Published 191 days ago
In a final two-fingered salute to the Casino, Cyril D’Silva has informed AIM-listed POS Golden Saint Resources (GSR) that he is off to spend more time with his classic cars, and detailed some share transactions incredibly late: so long, and thanks for all the cash...
Published 219 days ago
I guess when serial bank robbers accuse you of fraud you must be doing something right. And that is exactly what happened yesterday when we slated the latest bailout from Piece of Crap Golden Saint Resources (GSR) which seemed to anger Brokerman Dan Levi.
Published 220 days ago
Last year Golden Saint Resources (GSR) waited until it got a placing away in late May to announce its piss poor results. It needed extra cash to satisfy the auditors that it was solvent, let alone a going concern. This year it seems that broker Cornhill could not bring itself to stiff its clients again - hats off to Frangos and team for showing some integrity. But bucket shop- SVS Securities has no such qualms and has raised £400,000 gross ( £371,000 net of fees to crony capitalists) at 0.07p. So I guess we can now see the results soon.
Published 245 days ago
I start with more news on frigana cutting. I am a sweaty wreck after a day of mega slashing as I "take it out" on various folks in the City. Then I cover Asian Citrus (ACHL), Jiasen (JSI) and Taihua (TAIH) before I move onto Johnny Hon and R4E (R4E) then the scams and scum at Golden Saint Resources (GSR) - why won't PR fecking genius Steffi tell us about her shares? Then it is onto doomed Outsourcery (OUT) and then, as we expect more news tonight on Uramin, I ask a few questions about Port Erin (PEBI) another vehicle of my friend Jim Mellon. Oh and there is bad news for a company trying hard to bring jobs and wealth to the grim Northern welfare safaris, DX Group (DX). Moral of the story, let them rot, stick to doing business in the hard working South.
Published 247 days ago
If you wanted to line up a top notch list of advisors to an AIM casino stock you would not go to POS Golden Saint Resources (GSR) for advice. It really has gone for the holy trinity of hopelessness.
Published 247 days ago
The link is in the side bar but Ryanair (RYA) Euro loon Michael O'Leary is today hoisted on his own £315 million EU petard. Fecking excellent news. Elsewhere I look at the piece of Turkish that is Golden Saint Resources (GSR) - still pissing away £3k a month on PR genius Steffi - as it heads for insolvency again. Then it is onto Nighthawk (HAWK) and Trinity Exploration (TRIN) and the problems for banks that lend to oil companies. Then I refer to HSS Hire (HSS) and cover Andalas (ADL) again as its shares sink like a stone. They have a lot further to sink, sell now!
Published 261 days ago
Today's Bearcast contains bad language. Brokerman Dan Levi is not the only four letter word used. In it I cover Avocet Mining (AVM) and Waz Shakoor, Rose Petroloeum (ROSE), Outsourcery (OUT), Golden Saint Resources (GSR), Wishbone Gold (WSBN) and bullshitting by Brokerman Dan, New World Resources (BWR), African Potash (AFPO), the china fraud Jiasen (JSI), Blenheim (BNR) and Andalas (ADL) and bullshitting by Flip Flop Ben Turney, Big Gib and other rampers. As ever they are talking cock.
Published 286 days ago
As if poor shareholders in Lenigas Cuba (CUBA) did not have enough reasons to be miserable now they must cope with news that Richard "Gollum" Gill has published a buy note on the stock.
Published 340 days ago
I have composed a short poem for Mr David Lenigas, yes Jabba The Hutt gets a St Valentines day message from me. In today's contest I would like you to compose a poem for someone else who's portfolio deserves massacring, market abuser Chris Oil, PR genius Steffi, Cyril d'Silva from Golden Saint or perhaps Nigel Somerville has a poem for Angus Forrest at Tern. But can you better my four line offerings below? ( all poems must be in this style)
Published 342 days ago
I start with an analysis of how David Lenigas and his gophers Hamish Harris and Donnie Strang have managed to spunk £1.4 million of the £1.55 million they had to play with at Polemos (PLMO) in three and a bit years and why after today's placing this is still a POS with the toxic Jabba The Hutt odour all around it. Then it is onto LGO Energy (TOAST) and its latest disaster. Then I move onto Leed Resources (LDP), Motive TV (MTV), Golden Saint Resources (GSR) and Canaccord (CF). One suspects the great analyst Saint Kevin of Ashton loved its disastrous numbers today as the banksters had a hot date with karma. This podcast contains strong language. Lenigas is one four letter word but there are many others.
Published 342 days ago
Remember that companies pay for these soft interviews so it is no shock that they are soft but some just take the piss.Today's shocker sees the rather fancyable Charlotte Kan of Proactive Investors giving disgraced Cyril d'Silva of Golden Saint Resources (GSR) a non grilling.
Published 344 days ago
No PR genius Steffi I am not accusing you of being a fat lady. Nothing could be further from the truth. On both counts. But while you sun yourself in South Africa with your market abusing criminal client Chris Oil, I have some bad news for you. If you were wondering why your other client, Golden Saint Resources (GSR) had not sent you its £3,000 monthly retainer of late, there is an RNS just out....
Published 347 days ago
The 21 stock Death List Portfolio is now seven months old and now has its sixth kill, Daniel Stewart (DAN). We replace each kill with a new candidate for death so until today 26 entrants had seen five recorded demises. But Daniel Cesspit is the sixth (from 26) and so we need a new target for death, that is to say for seeing its shares booted off the AIM casino or going to 0p.
Published 370 days ago
I see that shares in Golden Saint Resources (GSR) are collapsing and the spread is now so wide you could squeeze the fat arse and the ego of David Lenigas through it. This podcast is a tutorial on how market makers think and behave in the last days of a dying company with Golden Saint as a case study.
Published 375 days ago
Today's Daily Mail carries a horror story about the demise of Crumpet Cashmere, an upmarket clothing venture patronised by Pippa Middleton (pictured) and other well known bimbos which has just gone bust. My point is not to make cheap jibes at the ghastly Pippa but to flag up how this shows the horrors of crowdfunding and how the FCA is failing in its duties to protect mug punters in a horrifying manner.
Published 376 days ago
I start by explaining to Zak Mir what a dead cat bounce actually means. That brings me to Golden Saint Resources (GSR). Then there is a detailed analysis of the worthless POS that is Magnolia Petroleum (MAGP), comment on why Wildes is so wrong on LGO Energy (TOAST), on Sports Direct (SDI), Premaitha (NIPT) and finally on Games Workshop (GAW) and Mysale (MYSL). I also continue pointing out why lunatics like George Ferguson the barking mad Mayor of Bristol, only serve to make retail stocks even more of an avoid.
Published 378 days ago
This is an extra bearcast for today. The main one on UK Companies is to follow. This one covers the biggest lie told by shite companies on AIM, told today by Golden Saint Resources (GSR) but it is far from alone, the real crisis in big PLC crony capitalism, ref Macy's and many others, and also why I remain bearish on equities.
Published 378 days ago
After 89 days the Golden Saint Resources (GSR) crowd funded debt death spiral organised by Crowdforangfels and its imbecilic compliance officer Gollum Gill was pulled last night. It had raised just £3,350 - just a little way below the minumum of £50,000 and the £250,000 target. This morning Golden has fessed up to the flop.
Published 391 days ago
After meeting the ghost of Christmas past HERE and the ghost of Christmas present HERE young Christopher Oil tried as hard as he could to get some sleep. He tried counting Sefton share certificates. It was a bit like counting sheep. They were fluffy and stupid and just hopped over the fence into a big void where they disappeared. But that did not work.
Published 392 days ago
It was the night before Christmas and young Christopher Oil stood staring out of the window at the Bed & Breakfast he liked to refer to as the castle. Outside, the snow was beginning to fall heavily and this filled Christopher with great joy. He turned round to look at an elderly lady sitting by the fire reading a bunch of papers marked "pension statement" and, barely able to contain his excitement, blurted out "Mummy, if it carries on snowing, will you let me make a snowman in the morning with my bestest friend Daniel?"
Published 392 days ago
PR genius Steffi I applaud you for making me a happy man with what must be the most ludicrous press release of the year from your client Golden Saint Resources (GSR). We know that this company is bankrupt and trading whilst insolvent but I am glad that Nomad Roland "fatty " Cornish has not done his job properly and suspended the shares from the AIM Casino as this is sheer comedy.
Published 396 days ago
On 13 June I started my 21 stock Death list portfolio - 21 shares heading for zero or being booted off the market - see HERE. On 23 August I got my first kill and so Afren (AFR) was replaced by Daniel Stewart (DAN) HERE. I have now had four more kills and nearly all those that have survived have seen their shares tank. Now I update with 4 new entrants given that I have had four more kills and I review the original entrants that cling on. The stocks mentioned are: Worthington, JQW, Jiasen, Camkids, China Chaintek, Trap Oil, Mosman Oil & Gas, Monitise, Outsourcery, Magnolia Petroleum, Arian Silver, Sareum, Avanti Communications, Daniel Stewart, Mariana Resources, Sefton Resources, Golden Saint Resources, Sovereign Mines of Africa, Afren, Wandisco, Tungsten, Blur, Auhua, Afriag and InternetQ
Published 407 days ago
As we have pointed out numerous times, the crowd funded debt death spiral has failed. Golden Saint Resources (GSR) managed to raise a net £159,000 two weeks ago in a bucket shop placing but is still completely out of cash. It is bust. It is trading while insolvent. Yet still the pretence goes on with an "operational update." What bollocks.
Published 415 days ago
Yes I am at the airport less than two miles from Jabba The Hutt's Gatwick Gusher. In this podcast I cover my first trip to Brighton, Uk Oil & Gas (UKOG), Evocutis (EVO), Sovereign Mines of Africa (SMA), Caza Oil & Gas (CAZA), Golden Saint Resources (GSR) and Fitbug (FITB)
Published 418 days ago
Once again sincere apologies to Jabba The Hutt groupies for failing to pick up David Lenigas on anything in yesterday's podcast. Before you all get cold turkey, I have a few observations about Octagonal (OCT) nonsense today.I start with a look at React Energy (REAC) a trainwreck involved in green energy shite. I suggest that anyone who believes in this hocus pocus nonsense should read "The Real Global Warming Disaster" by uncle Chris. Then it is onto Anglesey Mining (ATM), Golden Saint Resources (GSR), Slater & Gordon (TOAST) and Northern Petroleum (NOP). See you all tomorrow at Gold & Bears in London.
Published 421 days ago
Another podcast recorded at 6.30 AM in the apartment of my daighter's 80 year old Godparents in Brooklyn. So no shouting and no swearing. The lack of swearing seems to upset more folks than it pleases and so I shall be back to normal, God willing, tomorrow. In this bearcast I cover the joke at Golden Saint Resources (GSR), how to make money on AIM wth a Peter Lynch tale, InternetQ (INTQ), Creston (CRE), Tangent (TNG), Iofina (IOF) and Chamberlin (CMH)
Published 422 days ago
How long can this joke go on? Floated at 10p, 18 months ago shares in Golden Saint now trade at just 0.035-0.04p as it has announced a placing to raise a £170,000 ( net £158,000) at 0.025p but it is still bust, insolvent, dead. What’s the point? Death is postponed but only for a few weeks.
Published 426 days ago
Floated on the AIM casino 18 months ago at 10p, shares in the insolvent Golden Saint Resources (GSR) are sliding again today and are now just 0.035p to sell (loss since IPO of 99.965%) so how is its crowd funded debt death spiral doing. I am afraid that the news is not good on day 42.
Published 435 days ago
Naturally I start with the big news of the day - an update on the annual medical of my two cats Tara and Oakley. Then it is onto explaining who gets to define boring, spitefull and vendetta in terms of my earlier podcast on overvalued junk Uk Oil & Gas (UKOG). Then why Gary Newman is wrong on Plethora (PLE). Then onto Finnaust (FAM), Gulf Marine (GMS), Centaur Media (CAU) and POS Golden Saint Resources (GSR)
Published 442 days ago
On today's podcast I start with a couple of risers: Berkeley Energy (BKY) - where's my apology Brokerman Dan? And Optibiotix (OPTI) - you know I am not totally useless at long tips. Then onto the losers: Galasys (GLS), TyraTech (TYR), Northern Petroleum (NOP). Then it is Golden Saint Resources (GSR) where I also try to help out hapless compliance officer the Northern Slum refugee Richard "Gollum" Gill by explaining the rules about a financial promotion. I missed out FastJet (FJET) - down on weak passenger data, can anyone remember anyone involved in its IPO who might be a red flag? Then I turn my attention to David Lenigas, the boiler room and Inspirit (INSP).
Published 442 days ago
Totally insolvent AIM Golden Saint Resources (GSR) had a cracking day 26 on its live crowd funded debt death spiral – some mug punter pledged £1000. That means that £3,200 has now been pledged (admittedly at least £800 of that coming from imbecilic Northern slum refugee Richard “Gollum” Gill and colleagues at crowdforangels) and so the net proceeds (inc VAT outflows are now) a massive £88. Yes after 26 days Golden Saint has raised a net £88, enough to pay for the invaluable services of PR genius Stefania for approximately twenty two and a half hours. So …
Published 448 days ago
Wow big news from the live execution of Golden Saint Resources (GSR) via a crowd funded death debt spiral – the amount raised has on day 19, doubled. But before its supporters celebrate too much….
Published 453 days ago
You will remember that AIM listed Golden Saint Resources (GSR) is out of cash and trading while insolvent as it burns up to £6,000 a day but that its rescue plan was to raise £250,000 via a crowd funded debt death spiral masterminded by Northern slum refugee the talentless little shit Richard “Gollum” Gill and crowdforangels. So what is the update on day 15?
Published 456 days ago
Circumstances change, share prices change and so ones evaluation of what is in sight as a good short always changes. Challenged by a reader I serve up my ten top shorts/sells for Christmas, with one caveat.
Published 456 days ago
By now it is clear after the numerous scandals at New World Oil & Gas (NEW), Gate Ventures (GATE) and so many others that we’ve forgotten, that Roland “fatty” Cornish is officially London’s worst Nomad. His latest triumph is to allow shares in Golden Saint Resources (GSR) to continue to trade even though the company is insolvent and its Richard "Gollum" Gill crowd funded debt death spiral has only raised MINUS £1938.50. To celebrate this walking disaster story we have another caption contest. Don’t hold back…there is a prize.
Published 457 days ago
You will remember that AIM POS Golden Saint Resources (GSR) is out of cash and is burning cash at up to £200,000 a month. It is insolvent. Its Nomad Roland “fatty” Cornish is too busy thinking of his next five course lunch to push the company on this and have the shares suspended pending clarification. When this goes tits up, his failure on this point will be raised with AIM Regulation. But at least there is the crowd funded debt death spiral to raise £250,000 which is now 11 days into its 90 day campaign, there to save Golden. How is it doing?
Published 459 days ago
It goes without saying that there live execution of insolvent AIM listed POS Golden Saint Resources (GSR) via a crowd funded debt death spiral is not going well. The past 24 hours has seen another £0 raised meaning that on day nine net proceeds are still MINUS £1938.50. But an eagle eyed reader has flagged up a weekend change, as CrowdforAngels tries to cover up how investors are being spoofed.
Published 460 days ago
It goes without saying that the scoreboard was not exactly rattling yesterday at the live public execution crowd funded death spiral of Golden Saint Resources (GSR). Is that because Golden Saint is an insolvent POS or because the crowd funder crowdforangels has been cursed by having the congenitally imbecilic Northern Slum refugee Richard “Gollum” Gill on board as its compliance officer? Or both. As it happens…
Published 461 days ago
It is all action at crowdforangels, the crowd funding operation which asked for trouble when it hired as its compliance officer, Northern Slum refugee and prize tool Richard “Gollum” Gill. Six days ago it set out to raise £250,000 in a crowd funded debt death spiral for AIM listed insolvent POS Golden Saint Resources (GSR). The big news from the last 24 hours is….
Published 463 days ago
In today's podcast I look at yesterday's Quindell (QPP) news, Big David Lenigas and his ramping and personal abuse (if he wants a war then I'm up for it), Golden Saint Resources (GSR) and what Roland "Fatty" Cornish should do now, Sefton Resources (SER), Galantas Gold (GAL), Auhua Clean Energy (ACE), long term AIM dog Image Scan Holdings (IGE) and SeaEnergy (SEA)
Published 464 days ago
Today is day 5 of POS AIM listed Golden Saint Resources (GSR) attempt to avoid insolvency with a £250,000 crowd funded debt death spiral. As we noted on Sunday (HERE), £800 has been chipped in so far by employees of crowdforangels including its imbecilic compliance officer Gollum (HERE). So how much has been raised on day 5? And just how insolvent is the company? Er..
Published 465 days ago
I am staying wth my father and lefty step mother in Shipston and so there are a string of jokes at his expense. Talking of jokes I mention, en passant, Sefton Resources (SER) but also the total joke that is Golden Saint Resources (GSR). Then there is BBA (BBA), Telit Communications (TCM), Surgical Innovations (SUN) - cue predictable Zak Mir joke - and eServGlobal (ESG). Finally I comment on Adgorithms (ADGO) and flag up superb Peel Hunt research HERE
Published 465 days ago
Another day gone and things look even grimmer in the execution chamber as we watch the public death of AIM POS Golden Saint Resources (GSR). Still only £1100 of the £250,000 needed has been pledged which means that – after costs – three days of the crowd funded debt death spiral has realised a net MINUS £1,938.50. But I am afraid the true picture is EVEN WORSE than that. Moreover…now it is time to meet Gollum, the mastermind behind this fiasco.
Published 466 days ago
I start with a discussion of World Mental Health day and then move onto David Lenigas and Afriag (AFRI). Then to the matter of trading whilst insolvent and discuss the cases of Quindell (QPP) ten months ago, TXO today and in great detail Golden Saint Resources (GSR). On that matter I raises questions for its Nomad Roland "fatty" Cornish and ask who is the compliance officer at the crowd funder assisting Golden as the chap is clearly the most certifiable imbecile in the Western World. Anyone know? Then it is onto CEB Resources (CEB) and Surgical Innovations (SUN) where there are two reasons to sell first thing on Monday: fundamentals and Zak Mir tipping it today HERE
Published 467 days ago
This gets more hilarious by the day, the slow public execution of Golden Saint Resources (GSR) as it endeavours to secure £250,000 via a crowd funded convertible debt death spiral. On day 2 the net proceeds so far are MINUS £1,938.50. Death ahoy. The hard maths are just appalling.
Published 468 days ago
John Meyer of SP Angel this morning comments on Glencore (GLEN), Botswana Diamonds (BOD), Golden Saint Resources (GSR) and Vedanta (VED) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond.
Published 468 days ago
AIM listed Golden Saint Resources (GSR)is out of cash and as we explained earlier HERE it is trying to raise £250,000 via a crowdfunded debt death spiral and even if it achieves that it will still be bust before Christmas. Our target price is 0p. But joy of joys you can now watch Golden Saint die live on screen - so far it has just raised £800!. This is such fun..,
Published 475 days ago
I had sme great news just now but cannot share it with you. On the other hand my day has been cursed. PR girl fuckwits calling during bearcast, Paragon Diamonds (PRG) owning morons on twitter and above all - since flip flop is on holiday - I have to sub Zak Mir's copy. Please God what have I done to deserve this? I comment on Paragon, Churchill Mining (CHL), Forte Energy (FTE), LGO Energy (LGO), Golden Saint Resources (GSR), Horizonte Minerals (HZM) and the loons who love CEB Resources (CEB) and why they are loons. I am now off to work on a cracking new mining share tip for Monday on the Nifty Fifty.
Published 477 days ago
Interupted by fckwit PR men and a host of other things this is not a good day. But at least in 48 hours Pizza hardman Darren Atwater has the FSAL headache and I shall be away from acursed London and back in Bristol. On the podcast today: Outsourcery (OUT), Wandicso (WAND), Paragon Diamonds (PRG), Sefton Resources (SER), Fitbug (FITB), Koovs (KOOV), Boohoo.com (BOO), Daniel Stewart (DAN), Golden Saint Resources (GSR) and Blur (BLUR).
Published 483 days ago
In a wide ranging podcast I once again praise the great share blogger Paul Scott, if only to annoy those Bulletin Board Morons who wish to see us be nasty to each other. That will not happen. Elsewhere I comment on LGO Energy (LGO), UK Oil & Gas (UKOG), Armadale Capital (ACP), RM2 International (RM2), London Capital (LCG), JQW (JQW), IMC Exploration and that scumbag Liam McGrattan of US Oil & Gas (USOP) infamy and what that says about Standard Listings, and also on Tungsten (TUNG).
Published 483 days ago
After hours interims from Golden Saint Resources (GSR) a few days ago made it 100% clear that this company is fundamentally insolvent. It is by now out of cash, it is running on vapours. A bailout discounted placing is the only way out and so today there is another pathetic attempt at ramping the shares with a gobshite RNS.
Published 484 days ago
The countdown to Corrie live is underway. If you wish to understand what life is really like in the muder and drug dealing infested sexual hothouse that is the Grim Northern welfare safari tune in tonight. How can I compete with that in a podcast? But I do my best discussing Golden Saint Resources (GSR), JQW (JQW), Vmoto (VMT), Wandisco (WAND), Publishing Tech (PTO), Daniel Stewart (DAN) and Plethora (PLE)
Published 485 days ago
This morning, Mosman Oil & Gas (MSMN) announced yet another deeply discounted placement. If this caught you out, you probably have no one but yourself to blame, as this was always going to happen. Mosman is a dire business, run by consummate stock promoters, who seem to have have serious difficulty in making full disclosures to the market (HERE and HERE). Despite all this, Mosman’s share price surged from just under 3p to an intraday high of 9.4p within the last month. Today it placed at 4.5p. Does any of this matter so long as some are making money?
Published 485 days ago
Words fail to convey the contempt with which I read yesterday's after-hours interims statement issued by AIM Cesspit poster boy Golden Saint Resources (GSR) - a company that is almost certainly insolvent, numbers don't lie. It almost matches the contempt with which the management of this POS treats its own shareholders.
Published 486 days ago
ADVFN (AFN) PLC spends £35,000 a year employing a genius called Stefania to do its PR. This genius also works for market abuser Chris Oil, the POS Golden Saint Resources (when’s the next bailout placing luv?) and one of Big Dave Lenigas’ many enterprises. What a portfolio of doom. But what is most amazing is that this genius retweets tweet after tweet attacking ShareProphets (20% owned by ADVFN) and me (a business partner on UK Investor show and an ADVFN columnist). Clem a question or two?
Published 496 days ago
It is 9/11 and I look back 14 years. I also reflect on the Orwellian way we all viewed Syria earlier this week. Looking forward, we have sold 90% of the restaurant in Clerkenwell to the pizza hardman Darren Atwater. we end up slightly ahead on the deal but I have had enough of running businesses and blame my own old age and the Tories for that. This is the start of my wind-down. On AIM its a cracking day with another China fraud kill, China Chaintek (CTEK) and more fun and games at Mosman Oil & Gas (MSMN), Redhall (RHL), Monitise (MONI), Sefton Resources (SER, Cloudbuy (CBUY) and Golden Saint Resources (GSR). And I am getting into bed with Rob Proctor of Audioboom (BOOM). Not literally but...well I explain in full. in the podcast.
Published 502 days ago
I start with a few comments about yesterday's bearcast but then move into the mining sector where I am tempted to nibble. Two stocks I would not nibble at under any circumstances are Golden Saint Resources (GSR) and Condor Gold (CNR). Ive been a bear for a while and am now mega bearish on both after events yesterday as I explain in full. It is time that Mark Childs of Condor sent me a full apology (flowers, coke and a card will do). but perhaps he should apoligise to his shareholders first.
Published 503 days ago
As soon as a company starts pumping the propaganda on Director’s Talk you know what’s coming. This morning, AIM pig dog Golden Saint Resources (GSR) published an entertainingly inept corporate video. If you have eight minutes to kill this lunchtime it is worth a watch. You will quickly become a pointless trivia expert on the climate of Sierra Leone and Executive Chairman Cyril D’Silva’s bizarre way of describing years by using each individual number. You will learn next to nothing about the company or its projects. A cynic might suggest this is because there isn’t much worthwhile to say about either…
Published 515 days ago
71 days ago it was world gin day and to celebrate I came up with 21 Companies that I thought would be brown bread by December 31st 2016, either delisted or bust or both - the Death List HERE. So far Afren has lived up to expectations and so I replace it with a new death list entrant in today's podcast. It should be listened to in conjunction with my macro stockmarket crash bearcast of yesterday HERE
Published 519 days ago
Featuring shares in BMR Mining (BMR), Cap-XX (CPX), Edenville Energy (EDL), Golden Saint Resources (GSR), Independent Resources (IRG), UK Oil & Gas (UKOG), with some share price targets
Published 531 days ago
Golden Saint Resources (GSR) has been a dreadful stock on AIM and now I know why. The entire squad behind it could not give a damn about the company’s investors. From the its “PR agency” Cassiopeia Services, through its “Nomad” Beaumont Cornish (what a shock this firm is involved) to the company’s executives this “dream team” has to be one of the worst in the market. There is currently a sophisticated attack being made against Golden Saint, of which it is fully aware and cannot be bothered to deal with it. This is an appalling story of arrogance and laziness.
Published 588 days ago
Those unfortuanate enough to own shares in Golden Saint Resources (GSR) will not be upgrading their motor on the back of serial non delivery at an operational level and share price disaster. This stock is a 100% non cash generating dog. But some folks, that is to say CEO Cyril d'Silva, seem to be okay as the picture below demonstrates.
Published 597 days ago
I have been toiling in the fields since before you lot got up and so need a break. With the internet mended at the Greek Hovel that means a bearcast covering the madness of filthylucre, Plus500, Tungsten, SeaEnergy, Northbridge Industrial, Golden Saint Resources, Optibiotix and Gable
Published 712 days ago
In today's podcast I look at Afren, a general point about whether institutional ownership validates a stock, Hunter Resources, Golden Saint Resources, Tomco, Powerhouse Energy, Tate & Lyle and Gulf Keystone (please note morons, TW vindicated again)
Published 722 days ago
I am in full flow today! I start with Kevin Ashton and why you should all buy a ticket for UK INvestor Show on April 18 NOW (HERE) and give thus guy a standing ovation. He is a total 100% hero. I then move onto Gowin New, and then to Mosman en passant (more detail HERE) and then to Bagir ( what i a "good" company, hint - not bagir, and why), Sopheon, TXO and Golden Saint Resources. There is a bit of a discussion about the lack of AIM Regulation and ZAI Corporate Finance.
Published 728 days ago
I am a nice guy but don't tell anyone! And so a bloke on twitter asked me to look at Golden Saint Resources (GSR). as I drrank my first coffee this morning I got a call from Golden Saint who were apparently utterly terrified that they were about to get a good kicking on BearCast. We chatted away and so here is what I think.
Published 896 days ago
The lack of market response to the Ebola outbreak in West Africa is surprising. Although the virus itself will probably be contained, the prospect of strict limitations on the movement of people and goods to and from the region looks like a very real risk. Last night, British Airways announced it had suspended flights to Sierra Leone and Liberia until the end of August as a precaution. It is possible other airlines will follow, but if the disease continues to spread how much longer will it be before more far reaching official bans on travel are imposed?