I received 2 RNS today that brought a little cheer to an otherwise grim market picture. The first was half year results from Pinnacle Technology Group where sales and profit had increased significantly and the second from Red Rock Resources where they had the results of gold testing at the Mikei gold project in SW Kenya.This RNS seemed to indicate very good gold returns from the samples tested and perhaps in the future it will help push the sp up!
The PINN RNS was good but not spectacular and seemed to follow previous trends where the sp rises in anticipation of good results only for the sp to fall when the results are good but not spectacular!
My CFDs are slightly negative at the moment as VOG is doing badly with its sp. Once it stays over 3p then I will be feeling confident but for the moment I am just tracking the situation waiting for an upturn possibly driven by an RNS saying that gas is being supplied and customers are paying!
The PINN RNS was good but not spectacular and seemed to follow previous trends where the sp rises in anticipation of good results only for the sp to fall when the results are good but not spectacular!
My CFDs are slightly negative at the moment as VOG is doing badly with its sp. Once it stays over 3p then I will be feeling confident but for the moment I am just tracking the situation waiting for an upturn possibly driven by an RNS saying that gas is being supplied and customers are paying!
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