TomWinnifrith.com

In this podcast I look again at Chris Akers, that tweet and Sabien (SNT). I look at Plus 500 (PLUS, Debenhams (DEB) and at UK Oil & Gas (UKOG).

In his lamentable podcast yesterday Justin the Clown commented on Sabien Technology (SNT) suggesting that it was either “punt of the week or investment of the year”. This was seized upon by “colourful” stockmarket operator Chris Akers who sent out the tweet below.

Once upon a time shares in Cabot Energy (CAB), then Northern Petroleum, traded at almost 150p. Today it announced a bailout funding at just 0.1p. despite it raising $15.3 million at 5p just a year ago. Oh dear… and it could get worse.

Too many mug punters who gamble on oil and gas explorers seem to think that with modern technology, blah, blah, blah drilling is a slam dunk certainty or at the very least, highly likely to succeed. They blather on about 70 or 80% COS statistics without a clue. If you look at AIM RNS’s the reality is that, across the board,  the vast majority of wells drilled are not commercial. And that brings us to today’s disaster from Echo Energy (ECHO).

Another day and another hugely positive announcement from Optibiotix (OPTI) to delight we loyal shareholders.  This news is from Japan.

The whore blogger Malcolm Graham Wood and Frontera Resources (FRR) repeatedly asserted that legal claims against it had no merit and would be thrown out. A Judgement handed down on 22 January, which we publish below, shows that was not the case. The Judge slams claims made by Frontera in the case against lender Outrider as "fantastical" says that it is "strongly arguable" that Fronntera is insolvent and rules against the formerly AIM listed POS.

Dan Levi reckons that I was being beastly about Dev Clever PLC to sell it a stand at the UK Investor show. He says so without listening to what I actually said. Maybe I am also trying to flog stands to Telit, Accesso and Westminster Group? Oi fatso Baldry if I mention the 3DM fraud again will you take a stand at a show I don't actually own. Whatever... In this podcast I also cover Telit (TCM), Blue Rock Diamonds (BRD), Jim Mellon's SalvaRX (SALV), Accesso (ACSO) and Windar Photonics (WPHO). It is silliness like this that make me want to call it a day sooner rather than later.

Over the past month the share price of AIM casino listed Blue Rock Diamonds (BRD) has soared from 0.29p to 0.38p. Some lucky souls paid up to 0.4p on Friday. Let’s review the timeline:

Updating on Anglo Asian Mining (AAZ) last month, we noted it ‘looking forward’ “to providing further updates on forecast 2019 production and expansion and exploration results in the coming weeks”. Last week,  a “2019 Production Guidance” announcement…

Philip O'Neill started his career in the junior mining space in the early 2000s by investing in uranium. He discusses the last bull market and how it did exceedingly well and how the market can surprise you. Today there is much more experience in the uranium markets so the coming bull market should be more mature.