Tom Winnifrith Bearcast: 2 massive rule changes AIM MUST make in the wake of the Cloudtag scandal & the issue of blame
UPDATED: Reader Poll: which Nomad is so morally bankrupt/financially desperate it will act for the Cloudtag fraud? - its Not Allenby
Red Flags at Night – NED-share-pledge-for-loan at Lobster-pot China play MiLoc and the read-across to F40 Jiasen
Exclusive Photo Article: Cloudtag Onitor heart rate product used on CTAG shareholders for the first time today.
Published 16 days ago
I am here in a warm hotel room in Metsovo in Northern Greece. I am pretty shattered after 22 hours of travel from Bristol to here. Tomorrow is the last leg, a walk to to the vlach village of Anelion. Pro tem a short offering as it will take ages to transmit anything back to England. I look at companies that change their name, ref Guscio (GUSC) and Wishbone Gold (WSBN) which really is a buy despite today's statement.
Published 57 days ago
You want your share tip of the year to have the potential to double or treble. You will not get that with GlaxoSmithKline (GSK). Equally it is incredibly unlikely that you might lose 75% of your cash on Glaxo. Elephants do not gallop eith forwards or backwards. My third tip of the year is a stock that could lose 75% and become a cash shell. But it is also one that could easily treble and I think he odds are on the treble not the collapse. I refer to Wishbone Gold (WSBN)
Published 113 days ago
I am a gold bull and hope that after Donald Trump wins on Tuesday we will see another big leg up. Hence we retain big positions in gold plays such as Petropavlovsk (POG), Wishbone (WSBN) and smaller holdings in Kefi (KEFI). So what does the chart say? Over to Palisade Capital.
Published 116 days ago
In today's bearcast brought to you despite having a heavy cold, such is my dedication to you my listeners, I cover: Reach4Entertainment (R4E), Wishbone Gold (WSBN), writing to the FCA, T Clarke (CTO), Northern Petroleum (NOP), Andalas (ADL), Uru Metals (URU), Bilby (BILB) and Windar Photo (WPHO)
Published 121 days ago
I am even more angry than I was on Monday. Those who have caused this are in no particular order: Reach4Entertainment (R4E), my selfish and lazy ex wife, disgraced lying share ramper Roger Lawson, Wishbone Gold (WSBN), Belfort Securities and whoever is responsible for the League Cup quarter final draw, I also cover in detail Avocet Mining (AVM), IGAS, Magnolia Petroloeum (MAGP) and XCite Energy (XEL)
Published 121 days ago
Just when Wishbone (WSBN) shares were getting going again after the last placing conducted by Belfort Securities to their spiv share flipping bucket shop mates, here we go again. Boy my morning has started well: not only do I have to suffer more laziness and abusive emails from my lazy, greedy bitch of a selfish bitch of an ex wife but this as well. I want to go back to bed.
Published 132 days ago
My last comment on Wishbone Gold (WSBN) was not exactly positive. The company's shares had raced ahead, in part methinks, down to comments made by me saying I'd not be selling until the shares were closer to 2p than 1p. It then raised £600,000 at just 0.75p with broker Beaufort Securites trousering not just commission but warrants. I write a fairly vicious piece HERE. But we did not sell and at 1p are still holding and hoping for better. I swapped emails with chairman Richard Poulden last week.
Published 134 days ago
The September edition of the UK Investor Show magazine is live and as its two lead features reveals the top seven shareholdings of my family trusts, names and shames 5 AIM listed frauds and contains a raft of share tips and 3 sells (to zero) plus an exclusive interview with Richard Poulden of Wishbone Gold (WSBN), a challenge to PM Theresa May and Jeremy Corbyn involving Keith Vaz and much more. You can access the magazine now and at no cost below. I, Tom Winnifrith, am now on leave, Steve Moore will be editing the next issue.
Published 150 days ago
I apologise to one and all over Wishbone Gold (WSBN) which has today completed a £600,000 placing at just 0.75p with broker Belfort Securities handing out shares to spiv bucket shop flippers. This was not on the script and I cannot recommend a purchase of the shares at 1.15p-1.2p. That the shares are up a tad today but fell in the run up to his placing tells you everything you need to know about forward selling on the AIM casino, especially when the broker is Belfort.
Published 165 days ago
Still no news on Tom Jnr but I shall keep you posted. Actually the Mrs has banned the name Tom and is on a bit of a roll for cot related reasons. On the markets I look at Avanti Communications (AVN), Ocado (OCDO) and in detail Corero (CNS) and Tyratech (TYR) and cannot resist a smug mention of Wishbone Gold (WSBN) after my weekend comment HERE.
Published 167 days ago
We are almost 200% ahead on our investment in Wishbone Gold (WSBN) with the shares at 0.815p and I must admit that in recent weeks, I have, several times, thought about banking a few gains. But then came Thursday's statement from the company and I did the maths again - am I mad? This stock could still be extraordinarily cheap. Hear me out before you send for the men in flapping white coats.
Published 170 days ago
I start with the cot which is still driving me mad. Meanwhile it looks like the Mrs is going to term and is coming home tonight so I must cover up evidence of two days of bachelor life, that is to say myself & Oakley not being that tidy. In company matters I comment on Strat Aero (AERO) but will do a longer piece later, on Wishbone Gold (WSBN), on Tower Resources (TRP) and on Cloudtag (CTAG). The mad nutters who ramp this on twitter are now accusing poor Lucian Miers of being part of a paedophile ring (he is not) for daring to suggest that this over-ramped POS is not a buy. I am reminded of when I first came across the man behind this worthless company.
Published 193 days ago
Why on earth it took Wishbone Gold (WSBN), the owner of the Black Sand gold trading business, two working days with a weekend in between to release an AGM statement is beyond me. Amid the uncertainty that caused we loyal shareholders suffered as the shares slid. But better late than never we had an RNS yesterday and it was good news indeed.
Published 197 days ago
Great news - may father is back home from hospital so I head back up to Warwickshire in a couple of days. Thereafter between him and the Mrs entering the final month it will be less of me, Steve Moore is in charge. Bash him if anything goes wrong. In today's podcast I look at City of London (CIN), IGAS (IGAS), XCite Energy (XEL), Wishbone Gold (WSBN), Nyota (NYO) and West African Minerals (WAFM).
Published 209 days ago
Sometimes it is good to wait... on Friday we were meant to have published our July tip of the month. But we still had a few things to check. It is better to be late and 100% sure than to rush and get it wrong. Especially when your money is at stake.
Published 239 days ago
For what it is worth Wishbone Gold (WSBN) reported a loss of $1.12 million for calendar 2015 but that is all in the past. Perhaps the most noteworthy element of the historic numbers is the fact that the auditors cannot verify almost $100,000 of travel expenses and flag this up.
Published 256 days ago
AIM-listed Shanta Gold (SHG) has announced another director share purchase which looks to me to be more of a sell signal than a buy signal. I previously highlighted (HERE) that CEO Toby Bradbury had changed his mind about supporting the recent fundraising by ponying up for 500,000 shares at the offer price of 6.5p – instead completing half of promised purchase in the market at the reduced price of 5.65p. Today we learn that NED Robin Fryer has put his hand in his pocket to the tune of 45,000 shares at 6.2p.
Published 274 days ago
I was pruning my first olive tree of the day and heard a noise behind me. Fearing the worst I turned and it was a tortoise which just sat there blinking at me. It was a special moment. That tortoise is smarter than idiots buying Circle Oil (COP) shares today. FFS how thick some folks are. Then I move onto Nature Group (NGR), Boxhill (BOX), Blenheim Natural Resources (BNR), Gable (GAH) and Wishbone (WSBN). Then a section on a PR man telling me what I should or should not be writing about Watchstone (WTG) The fecking cheeky bastard should stick to being an evil spinmeister and leave journalism to the professionals. Maybe PRs dont want us writing about an admission of £100 million fraud on AIM and would rather we just eprinted their lies/press releases? It is just not the way I work!
Published 278 days ago
I start by putting one scouser straight on how things work in the real world. Then it is onto DDD Group, China Norfolk Aquatic Foods (AFG), Glenwick (GWIK), Sovereign Mines of Africa (SMA), Wishbone (WSBN), R4E (R4E) - go Dr Hon! - and Gulf Keystone (GKP).
Published 289 days ago
Shares in Wishbone Gold (WSBN), which is still not doing a placing as a certain ex bank robber insists but instead is raising debt but not for PLC costs, have slipped to 0.475p prompting a couple of readers to ask if Richard Poulden said something bad at the Mining Capital Conference yesterday?
Published 295 days ago
Notwithstanding the lies put about by a former bank robber regarding Wishbone Gold (WSBN), its shares have raced ahead in recent weeks and, as a happy holder, I see more upside. Watch the presentation from the show (something a certain ex bank robber did not do) and you will see why.
Published 297 days ago
In three days I shall be at the Greek Hovel with the snakes, losing weight as I engage in manual labour, leaving Steve in charge. Today I deal with silly emails from Brokerman Dan Levi. Plus ca change. In today's podcast I look at Metal Tiger (MTR) and Conroy Gold (CGNR), a company that really needs Metal's Midas touch. I look at Marechale capital (MAC), Fitbug (FITB), Arian Silver (AGQ), Wishbone (WSBN) and in detail Servision (SEV). And I have had a complaint to the FRC rejected. Drat.
Published 298 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 299 days ago
is this is a bullcast? We have 15% of our portfolio in gold becuase we are bearish about shares. Does that make sense? I discuss why you should own some physical gold and then why we own the shares we do, notably Petropavlovsk (POG), Ariana (AAU) and Wishbone (WSBN) but also much smaller amounts of Eurasia (EUA), Bluebird (BMV) and Armadale Capital (ACP)
Published 311 days ago
We guess everyone is hearing the same sort of gossip. The word on the street is that Wishbone Gold (WSBN) is making good progress on securing the debt facilities needed to start trading in gold bullion. and that should lead to a massive ramp up in profits very quickly indeed. As such any RNS confirming debt is in place will see the shares race ahead. Bring it on.
Published 377 days ago
"Oh no" you say, "not that old dog again". Yes it is that old dog with a Wishbone (WSBN) but everything changed two weeks ago with a quite transformational deal. The market has not twigged just how transformational this deal is. The shares are a buy at 0.31p with a (cautious) target price to sell of 0.6p.
Published 409 days ago
Featuring shares in Afriag (AFRI), Image Scan (IGE), Kefi Minerals (KEFI), Management Resource Solutions (MRS), Physiomics (PYC) and Wishbone Gold (WSBN) with share price targets set for all six stocks.
Published 625 days ago
Featuring Northern Petroleum (NOP), Reach4Entertainment (R4E), Sefton Resources (SER), Thor Mining (THR), Transense Technologies (TRT), Wishbone Gold (WSBN)
Published 962 days ago
Richard Poulden, the barrister and entrepreneur who built potash play Sirius Minerals by acquisitions around the world into a company with a stock market value of more than £200 million, confesses to one particular enthusiasm: gold. He argues the stage is set for a major increase in the price of bullion, largely attributable to the machinations of the People’s Republic of China, and, as executive chairman and key shareholder of AIM-quoted Wishbone Gold (WSBN), he is seeking to grasp opportunities among newly producing or soon to be producing gold projects.