Tuesday, 18 November 2014
QPP, Tom & The Other Wrongens
Today Rob Terry finally holds his hands up, sadly he has chosen to do so right at the final hurdle leaving the company and its investors with a mammoth task to save the business. Terry should be held to account for such despicable behaviour and whilst shareholders often cry for help on public forums, few of them form a comprehensive case to submit to the FCA. I hope Tom or somebody of his kind will draft a template letter for shareholders to fill in and submit to the FCA,SFO,Aim Regulator/Investigator....
Tom Winnifrith my friend has been vindicated as have BMD,Lucian Miers, Gotham City and many many more. I believe it is time folk apologised and for those of you who have eaten at the RMPC as I have '' Having enjoyed it on both occasions '' you could pop in and say thanks by way of purchasing a meal and leaving a true review of the place... '' Well done lads ''
Sadly QPP are one of many poor companies operating on the A.I.M exchange, they are certainly not alone in systematically taking liberties whilst exhausting value. San Leon a company I have talked about for sometime have raised over a $100m yet delivered absolutely nothing. Osin Fanning the Chief of flannel has managed to wind down nearly all of the value from the company whilst paying himself and his counterparts handsomely (millions of dollars). I call for all investigative bloggers,commentators and journalists to now align themselves with the story and dismantle the toxic regime before a total loss event ensues.
Stellar Resources: are yet another company that have promised much and delivered little, not only has it failed to deliver any tangible value todate, it also has an extremely questionable way of delivering updates. To view more click here
Uk Oil & Gas: Many of you will remember how I updated you all on the HHDL chairman misleading investors as on three occasions he tweeted that he (the company) believed they would find better traction at the weald basin due to their interpretation of 3D seismic data (which they did not have) many private investors lost fortunes due to this misinformation and whilst Lenigas has bowed out from social media the facts still remain '' How can you get away with this??? '' Ironically he was also chairman of STG (above) when the company gave many half baked promises of securing an extraction license or diamond drilling to validate feasibility at its welsh gold asset... - The 2d/3d seismic debacle was not an isolated case!!!
Wake up to the raft of disingenuous operators on aim...
Keep your pecker up
Doc
Thursday, 13 November 2014
Stellar Resources - All Hat, No Cattle
Today I published a piece giving reason on why I believe Stellar Resources are a company now in big trouble, this is due to poor results in all they have done with little to no value creation. The company has been threatening for years to actually get things up and running at Clogau however the powers at be have failed in all attempts to get going.
Years have passed since the company promised to drill,prove,extract and mine in Wales yet today we see little evidence of anything other than jam tomorrow.
You can read my full shareprophets piece here
You can view the mine footage here
Further Images of the setup here GMOW & STG
I talk more about my own opinion on STG here
What investors need to understand is the SP has no consequence to me as I have NO material gain from either a long or short position. The company was born out of fractured beginnings of which I shall start to piece together over the forthcoming weeks and months.
The local manager Raymond Roberts has left (gone) and no longer words with GMOW, STG directors are moving off!!! The company don't have the money to really get into any sort of production thus the leach that is the listing will need to keep tapping out in order to get funding away.
The boys from Bond St, St Helier are holding the fort for mystery Mick but like all good jigsaws we start around the edges and work in.
Check out:
GMOW
47 Charles Street London
Check out:
Allied Trust Company Limited
Name -Clark
Name -Lezela
Name -Bryans
Check out:
5 Bond Street
St Helier
Jersey
JE2 3NP
United Kingdom
Check out:
Suite 3B Princes House
38 Jermyn Street
London
SW1Y 6DN
United Kingdom
Happy hunting folks....
Doc
Saturday, 8 November 2014
All Gave Some, Some Gave All - Docslaymanchatter XXIX
This weeks blog features why we should remember all of our fallen and those of others '' That's right - the others '' we also look at a number of companies in the small cap markets along with some of the macro mechanics effecting us all.
First I urge others to remember those that have fallen through conflict, often there are few winners in war as the devastation stays and lives within humanity for generations. I recall a chat I had with a very old wise man who in his last months told me how it saddened him that whilst he/we remember our fallen hero's, the Germans (The war of his time) never had a fixed time/place or event to remember there's. Whilst chatting about his time in WWII he described the German as ''good soldiers,proud and very much like us '' I think what he referred to was the distinct pride and passion that the opposing soldier held. We then chatted somewhat about the catalysts of war as well as those that make decisions for nations which ultimately end with those on the ground following a chain of command they believe to be righteous and truthful. Its apparent that most of the lunatics ruling as dictators do so with an iron fist that none of us (unless having suffered it) can comprehend just how overbearing this must be.
Most of the financial world quakes with uncertainty as the footsie's value thrusts up and down with the importance of a lunar landing. The gold price keeps finding new reasons why we are never going to see $1900 again (soon) although we all know that physical golds value will rocket on any major disaster in currency. Angela Merkel now seems to have slipped on a banana skin as gone are the glory days of calling all the shots on the EU bailouts of Greece & Ireland, now the GDP nightmare looks to be worsening.
Over to the smallcap roundup of what's hot and perhaps not.
Savannah Resources: Seems to be brewing up a storm as investor sentiment grows by the day, the rumors that Bergen have been disarmed (taken out) and the selling would subside sent the shares soaring upwards. In light of transparency I own shares so rather than whittle on, heres a great summary by Elias Jones
Westminster Group: The company in my mind have made one great step forward in running the ebola appeal to my knowledge things are moving along as well as can be expected and in the shortage of feel good news the SP languishes at 27p. I fully support and expect the wind of change to blow over Wsg however I get disappointed to read how little regard some investors feel when their fellow man are in crisis but this is again a great indicator of how the stock markets affect the mental processing or the gravity of the crisis in W.Africa. If any of my followers have ever fancied buying me a pint for a helping hand then don't bother '' I'm an ungrateful sole '' but the people of W.A may appreciate a £5 to the appeal.
Mx Oil: The Mexican focused Oil & Gas play seems set for greater things, with Pemex meeting in London and the international oil community taking counsel with the Mexican heavyweights it leaves me feeling a hint of confidence that not only will Mx Oil win assets but they will win big if they can just squeeze into the frame. My sources tell me that things have never been so close and while some can argue '' yet so far '' I'd expect the forthcoming presentation at the shareprophets seminar next week to be the start of better things to come.
African Potash: I have commented on a number of times through buy recommendations which I have to say have gone exceptionally well. I feel that the company has been hammered down to the low in the cycle and should hole 1 results (Anytime now) impress then the shares will be passing to and fro for a fair whack more.
Union Jack Oil: After a disappointment from Burton the shares have now nearly halved, this really is unfair as Burton represented only a small proportion of the overall value '' Infact 5% '' although sentiment and momentum are eight tenths of the law on aim so accept that a minor blip prior to the forthcoming workover is where we are today. At 0.24p in a company that has 0.19p of cash and a proven discovery under its belt then it has to be worth adding in the current climate.
LGO Energy: I called this down last week on twitter at 4.85p, the usual shit ensued of how I was a blagger and charlatan... Infact one broker called me fit to burn in public, OK well he accused me of breaking or not understanding aim rules (he's wrong) - '' Telling the truth isn't usually a brokers strongest point as often they are the ones peddling shit ''
(Bit rich ay Christian - Fuck You)
Companies that are either cheaply priced or that have now factored in any negatives worth watching closely for a major correction are Hurrican Energy, ECR Minerals, Sunrise Resources and Sound Oil
All the best
Doc
https://twitter.com/DDS_Doc_
http://docslaymanschatter.
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Featured on VTM.com
Featured on Ofst every day.
http://uk.advfn.com/one-free-
(These are but opinions derived from my own experiences and thoughts and are not adopted as a statement of fact)
Wednesday, 5 November 2014
Gamblers At Work - #KnowTheGame
A little while ago I penned a piece on misinformation after HHDL chairman David Lenigas informed his followers/investors (wrongly) via social media that the HHDL team were far more bullish of the drilling outcome as the 3D seismic would help the team drill the right side of the fault. Today the company announced a discovery from its Portland intersection (which was lighter than expected) along with a failure to find gas of commercial value. '' Obviously natural gas has helped procure interests in abundance.''
Now is the time that P.I's should look at the misinformation and how it has effected your decision making, then raise this issue with the FCA and aim regulation team, clearly there is a duty of care to provide actual facts to investors and should you feel this isn't the case then now is the time to initiate your complaints. I myself have a dossier now formulated on a multitude of grey area's or slam dunk LIES from the smallcap resource space.
Here are a few AVOID notes to keep if serious about investing in the AIM markets.
* Steller Resources (To my knowledge) have no extraction licence to mine it's so called welsh gold. Also there are rumors that Raymond Roberts has flown the nest and the mine has been re-locked and stands idle.
* Credible companies like LGO energy with reliable production and £130m mcap shouldn't be fighting to raise cash at bucketshops - Surely II's or an RBL would be better for the shareholders?
* UKOG bought assets from NOP that NOP had up for sale for sometime with the value written down so why pay over the odds for the assets?
* Doriemus,Lohnrho,Octaganol are but a few Australian race horse's - Someones laughing at UK investors as they cherry pick buzz words and phrases. Go back through interviews and you will see the trend '' Who's the joke on? '' It's not the company or its directors.
Investigations are now ongoing into the transshipping of finances from/to a number of well known aim listed companies, corruption is rife and whilst some may dislike Tom Winnifrith, Ben Turney, Daniel Levi or myself the reality is this kind of business needs to be unearthed.
Before I submit my own collated information (which I won't share with a sole to prevent any leak) to the FCA,Aim regulator,SFO and the official aim investigators I suggest you look deep into the mechanics of whats burning Innocent investors in this market.
Bests
Doc