Already there has been bad news today for Globo (GBO) but we are waiting for the hammer blow flagged up yesterday HERE. I discuss this. Talking of waiting...I move onto Daniel Stewart (DAN). Then a few words about Northbridge (NBI) and Cloudbuy (CBUY) before a bit of a swipe at Uk Oil & Gas (UKOG) and Alba Minerals (ALBA). There is a mention of Ortac (OTC) and also of Mariana Resources (MARL) and its overpaid POS CEO Glenn Parsons.
There is an old rule on AIM that the more RNS’s a company puts out the worse its share price performance since it is clearly just an exercising in ramping ahead of confetti issuance. In that vein I note that Mariana Resources (MARL) has this, so far in 2015, issued no fewer than 40 releases – more than 1 a week.
Mariana Resources (MARL) will start sampling and mapping in a few weeks at its new Nassau Gold joint venture in Surinam in the north-east of South America and begin scout drilling at its Los Cisnes gold and silver project in southern Argentina, in the wake of ‘bonanza’ rock chip sampling results at Rurimarac, its gold and silver project in central Peru’s Cordillera Negra province.