TriStar Resources

TriStar Resources are doing OK these days compared to many other shares! Currently up 15% on no news but when are we going to get some news? Surely we will get some by the end of June as it is long overdue.
I got bored with waiting to buy some more BMR shares and bought some VOG instead. I think that in June VOG is going to switch on gas to customers and start to see the sp rise. So I just bought some more at 3.42p my cheapest yet and bringing down my average. I have nearly 200k VOG shares and my target sell price is 10p. Patience is needed but it is boring!!

Falling Markets!!!

The Euro is falling, the FTSE is falling, all my shares are down!! What should I do? Well I am having a try at selling with a view to buying back at a lower price! Today, I sold 33k shares in BMR for 3.02p at a loss and I am hoping to buy back in at a lower price to acquire more shares.
Will it work? Am I stupid? Well, time will tell, I will keep you updated. I still have more BMR shares but you have to try things in order to learn! I have placed a buy order for 2.7p, if I am successful then I will gain an extra 3000 shares!

Elections!!!

After the elections in France and Greece the markets have dropped a lot and all my shares except PINN and TSTR have lost ground.We are still waiting for the elusive RNS for TSTR!! It may be next week but it may be next month, year, millenium!! Antimony is getting rarer and nthe sooner we know what is happening with TSTR the better.
Interesting to note that PINN have engaged Newgate Threadneedle to do some PR for them as they are part of PTCM. I was invested in them but sold out some time ago at a loss.I shall keep an eye on them!

Berkeley Mineral Resources PLC,continue do do nothing! We are waiting for a JORC and Feasability Study to see where it is going but in the meantime the sp has dropped a lot! I can't see any significant movement in sp until they start selling some slimes and it wouldn't surprise me if this was still less than 6p by year end!

TriStar Resources

The tension is mounting as we surely must be getting closer to an RNS! The sp is rising slowly and the shares I bought last week at 0.79 are already in profit as the sp is currently hovering around 0.84p! The market seems to be subdued at the moment after the elections in France and Greece and lots of shares are down, except TSTR. There has been a lot of press comment lately about shortage of Antimony and a fair amount of comment about TSTR going into production so as soon as it is confirmed via RNS then the sp out to increase! When will it be?????

TriStar Resources

News must be soon for TriStar Resources and so I bought 262k shares yesterday in anticipation. I got the shares at 0.794p and the mid close was 0.81p so I was happy with that. Last year they issued year end results on 26th April so they are a little overdue now PLUS there is still the question of the JORC for Goynuk as a minimum! There are very few shares in free float so given some news, the sp should move well. The trouble is TSTR are not noted for issuing many RNS! They have got better with their website and that is now more informative and more professional but we could do with some news!

Berkeley Mineral Resources

Berkeley Mineral Resources issued an RNS this morning that ought to start the ball rolling a bit! They have now confirmed that they have the Large Scale Mining Licence for 703 hectares around Kabwe.  Masoud Alikhani hopes that they will soon be supplying lead and zinc to world markets. I hope so too as they might start generating some revenue! Seriously though it should be good news and I will be interested to see what the markets make of it today.
After an initial 14% surge, the sp has settled down to around 5% increase for the day. So, good but not that good. Interesting that yesterday there were 4m shares traded and in the first 20 mins today there were 4M shares traded! By lunchtime is was over 7M shares traded so still not a huge amount!
Red Rock Resources also issued an RNS today regarding the sale of interest in Jupiter mines to Anglo Pacific. So RRR have now got some dosh and shares in Anglo Pacific and that ought to improve the sp of RRR
Victoria Oil and Gas updated their website today with details of their progress in March/April. It is all looking very positive and looks as though gas may be flowing in June!!

Bank Holiday!!

Its Bank Holiday in France for May 1st and in London, it continues to be doom and gloom!
Problems with Spain, Lloyds and BP are not helping and with my shares not a lot is happening.
Still waiting for TSTR to issue an RNS on Goynuk, when are they going to do that????? Come on Mr Eyi get your act together and let us know what is in the ground!
BMR are drifting downwards with no news about moving the company forward. Some people are happy that news is forthcoming but how they can be sure of that is beyond me. Until there is some positive money generating news, I don't see BMR doing anything other than range trading.
VOG is a little on the quiet side at the moment, just getting on with finishing off the pipeline I hope and with any luck, come end of May or June we should be pumping gas to customers!
PINN have recently started a forum ,on their website although it is a bit like joining a secret society. I have got past the first step and am now waiting for the next bit!
Redrock Resources have perked up a bit of late but still have a long way to go for me to break even!

I want to sell BMR and TSTR vy end of May and put my money into VOG and something else for the summer. "Sell in May and stay away". I will return in September when the market picks up. However, I will keep a little money to take advantage of anything that comes along.