At last!!!!!!!!!!

At last, TSTR have issued an RNS!! This gives an operational update on its activities worldwide and generally was very positive. It will be interesting to see what the market makes of it all. For me the key things were lots of antimony, readily available; JV partner ready with $30M and permission to build local processor.
PINN also issued an RNS this morning on gaining the contract again for the BBC Big Weekend and highlighting its part in the Queen's Jubilee. That might go some way to explaining the surge in sp yesterday afternoon!

Tristar Resources TSTR

A new RNS today where they have entered into a Memorandum of Understanding(MOU) to create a joint venture antimony processing plant capable of prducing 20000 tonnes of antimony pa, that's $320M pa!!!! OK there will be some dilution to fund the project but in the longer term this is a good move.

By contrast Edenville Energy is going from bad to worse and although theey have started drilling thee sp was down to 0.45/0.46p this morning and it was the top traded share yesterday and today. It seems that there are rather a lot of shares in issue and many of them are warrants of 0.02p each! If I am to make a profit here I am going to have to wait a long time. I should stick to my maxim of never going back to a share after I have sold out of it!

Porta Communications have changed some board members and news of an acquisition is expected by end of year now!! This did not do much for the sp and again this is looking more and more like a long term bet!

Tristar Resources TSTR

The sp has fallen recently and if I had funds available I would top up significantly in this company. I believe that they have started to dig in Turkey for antimony and soon they will be in production. The current situation regarding antimony is the Chinese control 92% of the world market, their production is down and their consumption is up. So the Chinese have brought about a sudden and shocking supply crunch in the metal. The price of antimony has gone into the stratosphere and it’s likely to stay there for some time – great news for a company like Tristar Resources. NOTE: this is not investment advice just my opinion!

Yesterday only PINN and ALR were blue! One poster was saying that out of 32 shares he owned, all were red!! It would be nice to have some good news soon.. Another of my shares GNC has dropped €1.08 and is ideal for topping up at the moment as the interim results should be out about 24th May!