2895 days ago
I start by putting one scouser straight on how things work in the real world. Then it is onto DDD Group, China Norfolk Aquatic Foods (AFG), Glenwick (GWIK), Sovereign Mines of Africa (SMA), Wishbone (WSBN), R4E (R4E) - go Dr Hon! - and Gulf Keystone (GKP).
3048 days ago
Everything today is delayed by last minute Christmas shopping including the duck fior Christmas day and the stocking presents for the cats and by a visit to the Conservative Club as I explain. In the podcast I again warn David Lenigas and Afriag (AFRI) shareholders that I have a special Christmas Day treat just for them, just as I had for fraudster Rob Fielding of Quindell (QPP) and the convicted Nigerian fraudster Andrew O'Dua on December 25 2014 - HERE. Elsewhere I look at Sovereign Mines of Africa (SMA), Fitbug (FITB), Game Digital (GMD), Panmure Gordon (PMR), the pensioner muggers WH Ireland (WHI), Levrett (LVRT) and the shoddy scumbags at the Mail on Sunday, Pittards (PTD) and Audioboom (BOOM).
3069 days ago
Yes I am at the airport less than two miles from Jabba The Hutt's Gatwick Gusher. In this podcast I cover my first trip to Brighton, Uk Oil & Gas (UKOG), Evocutis (EVO), Sovereign Mines of Africa (SMA), Caza Oil & Gas (CAZA), Golden Saint Resources (GSR) and Fitbug (FITB)
3105 days ago
Shares in AIM POS Sovereign Mines of Africa (SMA) have been much ramped of late on the basis that there may be a rescue investor in or buyer of its Mandiana project. Time for a reality check.
3170 days ago
71 days ago it was world gin day and to celebrate I came up with 21 Companies that I thought would be brown bread by December 31st 2016, either delisted or bust or both - the Death List HERE. So far Afren has lived up to expectations and so I replace it with a new death list entrant in today's podcast. It should be listened to in conjunction with my macro stockmarket crash bearcast of yesterday HERE
The companies featured today are Worthington, JQW, Jiasen, Camkids, China Chaintek, Trap Oil, Mosman Oil & Gas, Monitise, Outsourcery, Magnolia Petroleum, Arian Silver, Sareum, Avanti Communications, Daniel Stewart, Mariana Resources, Sefton Resources, Golden Saint Resources, Sovereign Mines of Africa, Afren, Wandisco, Tungsten
3248 days ago
The boyband caused traffic chaos on the M4 making this leg - as all legs - of my trip back to the UK much delayed. In that bad mood I cover Mosman Oil & Gas, Sefton and a champagne swilling criminal and compare this overvalued dog to Polemos, UK Oil & Gas and Horse Hill, Sovereign Mines of Africa, Iofina, Greece and the launch of our new mag. Download your copy for free now HERE
3316 days ago
I commend to you Steve Moore's excellent article on Outsourcery, the Piers Linney POS, HERE. I add a few thoughts on this Rum & Coke company. I also comment again on Rosslyn Data witha few new thoughts on slow death/quick death for the share price of Coms and on the woeful position of Sovereign Mines of Africa. There is more bad news, I am sorry to say, for my old friend Jim Mellon and Billing Services and I take a look at Quadrise Fuels.
3475 days ago
Where is that dam Quindell (QPP) video? I am really getting pissed off now, I was promised it last night and it has still not arrived. Fingers crossed. Meanwhile the podcast is back on an up day for the markets – an opportunity to offload duff stocks in my view. This bearcast covers:
Naibu, Netplay, Rolls Royce, Spectra, Sovereign Mines of Africa, Northern Petroleum and Quenron. I make general points about non UK stocks listed here, investing in stocks with no barriers to entry versus Buffett plays and about lobster pots.
3686 days ago
On 20th September I pointed out that Sovereign Mines of Africa (SMA) then 3.5p was almost out of cash and was ramping its shares to get a placing away. Six months later after ramp after ramp of spurious press releases we finally have the placing. The only shock was that Sovereign did not commission an utterly crap paid for research from convicted felon Charlie Gibson of Edison to help with the ramp. The placing naturally screws private investors big time ( this is AIM) and is accompanies by prize winning PR horse shit from Sovereign.
The shares were 1.625p at the close yesterday. The placing is raising a paltry £625,000 (call that £575,000 after costs) at just 1p. So some lucky City folk can flip the stock and make a quick turn and all those suckers conned into paying anything up to 4p during the past six months by those upbeat press releases will be 20% diluted. The advisers make a quick buck, the City insiders on the placing making a quick buck and everyone else is buggered.
Sovereign clearly wanted to raise more
3812 days ago
6 bullish RNS releases since September 17th. Rampity, rampity, ramp. All we need now is an independent/ paid for research report produced by uber-posh police assaulting pisshead, oops I meant to say respected mining analyst, Charlie Gibson of Edison setting a telephone number target price for the shares. Then Private Investors could get totally screwed by Sovereign Mines of Africa (SMA).
3872 days ago
We have had the pump now when’s the dump – the placing of new shares ? It is now only a matter of time for AIM listed Sovereign Mines of Africa (SMA) which at 3.5p is valued at £8.3 million. The company is clearly sub scale as a gold explorer and its cash position is dire. Come on Sovereign – it’s time to fess up: how much will you be diluting shareholders to hell and when? I am sure that your slimeball broker Jerry Keen of Shore Cap is already on the case.
