Alpha Growth (ALGW) is running on ‘vapours.’ It hasn’t got a pot to piss in. Cash on hand is probably close to £170,000. Its auditor has issued a ‘Material Uncertainty’ as to viability going forward as a going concern. The Company has ‘fessed up that it has no revenue and will need funds. What is not to like?
It really is time that I took the mantle up and commented on some of the so-called “Bulletin Board Heroes” for exactly what they are. At best lifestyle companies run for the benefit of their Board at worst out and out frauds using the London Stock Exchange as a mechanism for Corporate self-aggrandisement. Of course not all are fakirs or frauds some are just badly run companies while others have failed through poor management decisions or been subject to the vagaries of the market in which they operate. I hear an awful lot about the “China frauds” but there’s another class of dodgy geezers operating out of Perth Western Australia. The “Aussie Lurkers. What’s a Lurk? Google it!
It’s another day & another truly shocking piece of news lands via the London Stock Exchange RNS news service. This time it comes from Range Resources (RRL) that shining example of how to lie, cheat and defraud UK Investors.
I’d like to remind certain people who’ve attacked the mercurial David Lenigas, in recent weeks, that this is the man who a couple of months ago was being praised by the vast majority for making them collectively, hundreds of thousands, if not millions of pounds. (Where are they all now David?) Fast forward to the present day and Mr Lenigas is now being demonised on financial web sites, bulletin boards, comments sections & twitter.
At the moment it looks like the Sound Oil (SOU) share price is in a holding pattern. There is no real movement either way at c12p. But September could be a busy month for the Company.
It’s been a long time since I wrote up Nostra Terra Oil & Gas (NTOG). The feisty oil minnow fighting for attention amongst the bigger, riskier AIM oil exploration companies. Let’s start by saying that this company are run by a team who are decent, honest individuals trying to get their message across against a cacophony of noise from more voluble oilers. The message often gets lost. That is about to change significantly.
There are times when one has to speak up for those trying to shed light on the cess-pit that is AIM. That time has arrived as I write about Tom Winnifrith.
Ben Turney is entitled to his view on Sound Oil (here) but he is wrong. Take it from the man from the Manc slums. I own the shares and this is why Sound (SOU) will make money for Brokerman Dan.
As a general rule of thumb I don’t usually cover stocks outside of the oil & gas/mining sectors. So it should be a surprise to learn that after slating AIM listed Vialogy (VIY) shares when the “other lot” were in charge we are now or should I say ‘I have now increased my original token holding” and here’s why.
It's a big week this one for UK Oil & Gas (UKOG). All eyes are now turning to Lidsey and the mouth-watering Horse Hill drill. News is on the way re' both plays. The bar was dropped over the weekend. If you want to know what that means think firing pin! The perf' has been shot. Yes I hold stock here. You'd be mad not too!
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