Tracking

Showing posts with label nternational Mining and Investment PLC. Show all posts
Showing posts with label nternational Mining and Investment PLC. Show all posts

Saturday, 4 June 2011

Weekly Round-up

Well despite my success with Viiridas this week, my pf is looking under the weather as the AIM market has taken a bit of a battering and I don't think I am alone.
Greencore, Pinnacle Telecom, Alternative Energy Ltd and IMIC have just about stayed the same. However, Edenville Energy has dropped to 0.87p, less than when I first bought it last year! Idon't know what is happening with VOG, perhaps people are getting bored with waiting and selling but it has fallen to the level I first bought in at nearly 15 months ago despite now have its Licence and beingin a position to start selling gas by the end of the year!
BMR is very disappointing in that nothing has been confirmed and the sp just drifts downwards, I was able to buy some more share to lower my average but that is scant comfort!
TSTR has drifted downwards as there is nothing likely to happen before September.
PTCM has drifted down to 0.12p as there has been no news. There must be a statement by end of June soI hope it picks up then.
At the end of the day my pf is down 25% so it is not looking well. However, I am holding and am confident that I will make a profit in due course. I believe my policy of spreading the risk is sensible and I need to now consider holding cash in my trading account to take advantage of market movements.

Saturday, 22 January 2011

Victoria Oil and Gas VOG

I believe that VOG will get the licence at Logbaba soon so I discussed with my wife buying some more shares in VOG. She knows little about trading and I think is a little disapproving of it but we agreed to buy some more VOG shares hoping that the licence may arrive soon! So on Friday I purchased 100000 shares at 5.66p.During the day I was able to reassure my wife that we were doing OK as at one point I could have sold at 5.75p so we would have been in profit. However, the plan is to sell 70000 shares at 10p and put the money back into our account. Time will tell!!
I put £6000 into my trading account so with the difference I bought some shares in International Mining and Investment PLC!!! This is a low value share and I bought in at 0.69p Shortly after it dropped to 0.55p and finished at 0.63p!  It is a company investing in mining companies and has recently relaunched itself. There is little info about the company so I rang them on Friday night to ask what news there was. The main man was not in so the chap I spoke to said he would pass my message on. I think I will ring again next week.