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Latest News

KIBO

The Seven Mythical Wonders (Feb update) – Good news for Kibo Mining

I started the year with a light-hearted look at a few value-generating AIM yarns that appear to have a lot in common with the Loch Ness Monster as there is some doubt as to whether they are ever going to be seen. It feels like monthly updates are appropriate and it’s been a busy start of the year for some of these AIM yetis.

BLVN

Bowleven – game on? If not, the ref’s whistle is in his mouth

I’ve been banging on occasionally about how AIM-listed Bowleven seems to offer value. I suspect that we will be off to the races shortly, for some detail of an appraisal drilling campaign in its 20%-owned Etinde field has been announced – and the company is carried through this campaign.

WPCT
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Idex - yet another Woofdog Norwegian money pit! Is Neil actually Montgomery Brewster in disguise?

I would urge anyone interested in these Woodford stock stories to read the sister Norwegian piece relating to Thin Film Electronics first as the similarities are astounding but it is worth covering Idex in its full glory. Yet another horror show.

Newsboy

Notes from Underground: Earworms

Bearcasts again dominate our top 10. Podcasts are dominating the iTunes chart. The daily NY Times podcast is now being syndicated to radio. There is something happenening in this space. And really, when you consider it, is there much conceptually different between a broadcast station and a webpage. Webpages have heretofore been static, but they are not regulated and much more freedom of subject matter.

Bearcast
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Tom Winnifrith Bearcast: Malcolm I just do not believe it! And how close is UKOG to tits up street?

I take issue with Malcolm's article of earlier. today His complacency really does reek of mad bull disease. I discuss that and how I am wearing a T-shirt in 17 degree heat - are you jealous?  Then I move onto UK Oil & Gas (UKOG) the looming, I sense, not good news from Broadford Bridge, its very real financial crisis and how the shares could well be sub 1p by March. I think Lucian was generous in his earlier article.

Gold

I’m Attracted to Sectors that other People Hate says, a bullish, gold guru Rick Rule

Rick Rule of Sprott reminds us all how the Trump administration stated that a weaker dollar would be helpful. Younger generations will bear the decision to provide the boomer generation with 1.5 trillion dollars in tax cuts. The interim spending bill will add 300 billion dollars to this year’s budget as well as considerable commitments to funding infrastructure with no mention of where the money will originate. The US dollars weakness can be summed up in this saying, “When your outgo exceeds your income, your upkeep becomes your downfall.”

WSBN

Wishbone Gold - first gold trading delivery from Thailand adds to potential - BUY

Wishbone Gold (WSBN) has announced a first delivery from a new Thai entity it’s setup and that “once the trading model is running smoothly Wishbone Gold will engage with the Thai authorities to roll out the artisanal model”

UKOG
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UK Oil & Gas, the Race to Berlin. Sell at 2.9p

Last year I was involved in two rollercoaster rides, UK Oil & Gas (UKOG) and Cloudtag (CTAG). Having called UK Oil a sell at 3.1p, I saw it go to 11p. As I write it is sub 3p. In July when it was around 6p I used a WW2 analogy and suggested that the army of bulls had reached Stalingrad. To continue the theme it is looking like Berlin is all but surrounded.

Newsboy

An evening of free booze and canapes with the Sith Lord Zak Mir, Richard Gollum Gill and blockchain on Monday

If only I was not in Greece, I would be sorely tempted to head along to an evening of free booze hosted by the Sith Lord Zak Mir and the disgusting piece of Northern slum vermin that is Richard "Gollum" Gill. Seriously it could be fun.

MSG

Milestone: ‘fesses up that January compromise deal settlement cash from 2016 non-placing still not arrived

Way back in November 2016 I first commented on the fiasco at AIM-listed Milestone Group which eventually saw then CEO Deborah White handed a black bag. This was the placing, first announced in October 2016, where the £1.25 million of cash never arrived and which the company sat on news of non-payment until it ‘fessed up on the day Donald Trump won the Presidency. It was a good day to bury bad news – but as ever, ShareProphets was watching. Well, the cash STILL hasn’t arrived, even on the much reduced 10p in the £ compromise terms announced on 22 January this year and I think the company has again been tardy in passing on the news.

US-Flag-Blonde
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DEADLINE MIDNIGHT: Famous Americans Odd One out contest: Tricky Dicky, Crooked Hillary, Lyin' Ted and Praise Be the Lord

Okay this is easy. The four famous yanks are Tricky Dicky Nixon, crooked Hillary Clinton, Lyin' Ted Cruz and Praise the Lord Julie Meyer. In the comments section below simply say who is the odd yank out and why. The deadline is midnight Saturday as we would not want you labouring on the Lord's Day. Don't hold back...

TAP

Table of shorted AIM shares - week to 16/02/2018

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2017 and thus far in 2018 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

CLIG

As US Stocks Rally, There's Possibly Still Time to Buy British Shares on the Cheap

Hello, Share Piggies. So I was correct, for a change. The big one-day 1100 point drop in the Dow has almost been mopped up by steadily improving US share prices. It’s nearly always the same down-and-up pattern. Unless we get a real share crash, which this wasn’t.

HAIK

Haike Chemical – doop, doop, doop,…..another one bites the dust

And so the ShareProphets AIM-China Filthy Forty will be down to just 7 members after Haike Chemical (HAIK) confirmed its previous suggestion that it may delist. The EGM is set for 12 March (in China, even though the parent company is registered in the Cayman Islands and listed on AIM), at which time we can wave bye-bye to another Chinese value destroyer.

PIM

Plant Impact – “pleased to announce” recommended offer, should it be?

“The boards of Croda Europe and Plant Impact are pleased to announce that they have reached agreement on the terms of a unanimous recommended cash offer” for Plant Impact (PIM)… of 10.57p per share. Hmmm, “pleased to announce hey…

ITX

Itaconix – a bit more to add on this classic Woodford dog case study

I appreciate that Steve covered the highlights HERE but it is worth providing a bit more information on yet another yapping Woodford pug as the tale is all too familiar and one that will no doubt be repeated again and again in the future.

Boom
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The Ariadne Capital St Valentines Day Fake News Special Part 4 - who put Ariadne into administration

The spectacular own goal scored by Julie Meyer and Ariadne Capital Group Limited (in Malta) not to be confused with Ariadne Capital Limited (in administration) continues. Now we turn to the fake news which is Julie Meyer's assertion in part 10 below...

BMV

Yet more good news from Bluebird Merchant Ventures - Upgrade & Buy

Bluebird (BMV) really is on a roll in the land of the dog eaters, now announcing that it has signed a deal to develop and reopen a second gold and silver mine. The deal is that once Bluebird has spent $500,000 it can a 50% stake in the Kochang mine currently owned 100% by Southern Gold Ltd. There are some preconditions like South completing a A$250,000 placing but assuming the deal goes ahead it looks interesting...

Bearcast
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Tom Winnifrith Bearcast: you don't sweet talk a journalist by patronising him

I had a call from Amur Minerals (AMC) yesterday to correct my bearish view. I did not appreciate the tone, I'd rather not be lectured.  I explain why I am still short term bearish although also put the company's view. I also explain to the woman dubbed the Harvey Weinstein of European tech, Julie Meyer MBE, why she has yanked the wrong tiger's tail. Elsewhere I comment on Saffron (SRON), Haike Chemical (HAIK) and Graphene Nanochem (GRPH). And now it is off to Greece. God willing tomorrow's podcast will be from Kalamata.

Boom
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Ariadne St Valentines Day Fake News Special - Part 3: unpaid bills

The massive St Valentines day Fake News own goal posted by Julie Meyer MBE on the website of Ariadne Capital Group Limited in Malta (not to be confused with Ariadne Capital Limited (in Administration) is full of gems. Now let us turn to point 9, the matter of unpaid bills, which Ms Meyer reckons is all fake news. She states:

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