penny shares

450 days ago

Helping paid share "promoter" David Burton of Total Market Solutions with his maths re Vast Resources - GCSE fail for Dave

Total Market Solutions, owned by David Burton, earns its crust promoting penny shares for cash. It is open about it and let me be clear that there is absolutely nothing wrong in this trade although one imagines that Mr Burton has to hold his nose on occasion with some clients. But there is promotion and then there is telling outright porkies, which brings me to his tweet this morning about Vast Resources (VAST) when the shares were 0.66p.

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577 days ago

Powerhouse Energy – what ails thee?

At just over a penny, shares in Powerhouse Energy (PHE) are down by more than 75% so far this year. At peak ramp on 31 December 2020 they were 9.8p. To all those folks nursing 90% losses thanks to the (undeclared) paid ramping of Zak Mir and the ludicrous claims made by the company including its disgraced ex chairman, the liar and former Tory Minister Tim Yeo, you know who to blame. And it is not me who did warn you, not that you wished to listen.

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673 days ago

Can David Lenigas read a balance sheet or doesn't the fat Aussie spiv care?

If I have suggested that Mr David Lenigas was a National Treasure and Britain’s most talented objective analyst of small cap shares, rather than a fat Aussie spiv and shameless promoter of penny share dross, I must apologise. Not to Big Dave but to you dear reader.

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682 days ago

Yet another apology to Mr David Lenigas, a National Treasure and our leading objective analyst of mining shares

If this website has ever suggested that Mr David Lenigas is a fat Aussie spiv or a shamless promoter of penny shares who is often economic with the truth I must apologise. Not in the least bit influenced by my own ownrship of oodles of shares in Wishbone Gold (WSBN), the tweet exchange below clearly shows that Sir David – as he will soon surely be – is easily the leading objective analyst of small cap mining stocks, not only in Britain but in the world today. What cutting insight hee shows once again. Breathtaking!

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715 days ago

David Lenigas - yet another apology

I may have, in the past, suggested that Mr David Lenigas was a shameless spiv who promoted worthless penny shares via either dramatic exaggeration or, as in the case of UK Oil & Gas (UKOG) even worse. I may have suggested that Big Dave talks out of his posterior and should be whipped out of town and sent back to his native Australia where the core DNA will make him feel right at home. If so, I apologise.

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895 days ago

An apology if I ever suggested that Mr David Lenigas was a shameless ramper of penny shares and not Britain's leading analyst of resource stocks

And I mean this most sincerely folks….my view is not coloured in the slightest by the fact that I, like Lenigas, own far too many shares in Wishbone Gold (WSBN). What follows below is one of many tweets sent out by Mr Lenigas this morning after Wishbone’s latest RNS demonstrating that any suggestion that he is a penny share ramping huckster is so wide of the mark. Big Dave is quite obviously the most talented objective analyst of fundamental value in small mining plays. Yes indeedy.

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1212 days ago

Another heartfelt apology to Mr David Lenigas

If I have ever given the impression that Mr David Lenigas, aka Big Dave, is a shameless ramper and promoter of penny shares I would like to apologise most sincerely. As a fellow shareholder In Wishbone Gold (WSBN) I note the tweet below and it must now be clear to all, that Mr Lenigas is the most thoughtful, balanced and objective analyst of gold stocks here in London and, as the late great father of the late Paula Yates used to say “I mean that most sincerely.” Mind you, on this occasion, Mt Lenigas might actually be right.

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1896 days ago

Tom Winnifrith Bearcast: No! Neil Woodford, this is not a fix and Malcolm Stacey ignores Anna Soubry's arse

I start with a brief discussion of my first longish Woodlarks training walk. 12 Miles done and dusted. As you consider my rather smelly feet please make a small donation to rogue bloggers for Woodlarks HERE. Then I  look at Provident Financial (PFG) and mention BCA Marketplace (BCA) and Purplebricks (PURP) en passant before commenting on Malcolm Stacey's article of earlier on penny shares.

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4264 days ago

Borders & Southern – I am not the only Sceptic

I noted here the other day that I had grave reservations about whether the Darwin condensate discovery made by AIM listed Falklands oil explorer Borders & Southern (BOR) was indeed quite the company maker that some folks thought it was. The shares were, at that stage 32.5p. Today they are 24.25p.

Apparently there is bad weather in the South Atlantic which some folks think will delay drilling down there. Get used to it. The waters of Port Stanley will never be like those off the Costa del Sol. That is a given. It should not drive share prices. I do note, however, that a leading oil analyst has served up a note which rather echoes my sentiments of a few days ago.

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