Berkeley Mineral Resources PLC

Berkeley Mineral Resources PLC issued an RNS today saying that they had signed  JV at Chingola. Amazingly the market loved it so much that the sp dropped. That is about par for the course for BMR. They are spending a lot of time and money buying up dumps but failing to see that they need to generate some cash! As a result the sp wallows around the 3-4p mark, many shareholders are sitting on losses and I fear that another year will pass before the sp moves north. They need to understand that ANY business needs to generate cash or it will cease to exist.
I did my first CFD on Ageas this morning as they keep rising and made a small profit so am pleased with that. They have been rising steadily for about a week now and I would not be surprised if they continued towards €1.8. I don't have the funds to join in a bigger way though so I will just watch.

Things are not all bad!

Currently, I am trading on the LSE, Euronext and CFDs and when I switched my computer on this morning, I found that one of my Euronext shares, Ageas, was doing very well! I bought them 2 days ago at €1.33 and this morning they were trading at €1.46. I put in a sell order for €1.47 and the sp promptly went down. However, this afternoon the sp hit €1.47 and in fact hit €1.485 but I sold mine at €1.47 for 6.27% profit so I now have a buy order in for Credit Agricole for €3.10 so we will have to see. If Ageas sp drops back to the €1.30s then I will buy back in. This is the 3rd time I have traded this share and in March it was trading at €1.80.

VOG is still languishing below 3p and is very tedious! I live in hopes that one day soon it will be above 4p and once it gets above 5p then my shares will be in profit! However, if it got above 4p then I would be doing well with my CFDs! However, for the moment, I will content myself with a little profit from Belgium!