268 days ago
Oh dear. Oh dear. Do you remember when the brown envelope man Zak Mir and penny share promoter Dave Lenigas debated whether Valereum Blockchain (VLRM) shares were worth 100p or 200p as they ramped ahead of a placing? Valereum now, finally, admits that the reason it could not buy the joke Gibraltar Stock Exchange is that it could not raise enough cash to satisfy regulators at the GFSC. That deal is off, the shares are unsuspended and have fallen to just 2p and the new board is now going after former boss Richard Poulden
370 days ago
If we have ever given the impression that Mr David Lenigas is a run of the mill Aussie penny share promoter, we would like to apologise. He is clearly Britain’s Number 1 gold analyst and a national treasure like his fellow Aussie Mr Peter Tatchell. I wonder if Dave and Pete know each other?
502 days ago
You may remember an aggressive debate in April between a fat Aussie penny share promoter ( D. Lenigas Esq) and someone who trained as an oil equities analyst (me) as to the financial health of UK Oil & Gas (UKOG) of Horse Hill infamy. I insisted it needed a raise, Big Dave said that I did not know what I was talking about. Well guess what, guess who was right and who was wrong and should be sending a case of Metaxa to the Sheriff?
504 days ago
Yesterday I revealed how disgraced Rod McIllree of Bluejay Mining (JAY) infamy was contriving to stop scouse penny share promoter Doc Holliday from requisitioning a sack the board EGM at More Acquisitions (TMOR) which Doc would almost certainly win. Holliday is far from an angel, as I have noted here a number of times but if you believe in shareholder democracy you should back him 100%. If you own shares in More, this is what to do:
505 days ago
Contango (CGO) is a Zimbabwe coal play penny dreadful ramped aggressively and persistently by the Scouse promoter Doc Holliday for two years. But as with other disasters like Chesterfield Resources (CHF), Versarien (VRS) and More Acquisitions (TMOR) where the fat Lady is already juggling diary dates, it’s been a piss poor investment. But now a statement is needed ASAP as it could get far worse
577 days ago
I start with the dog shit tales. I end with reflections on this website turning 10, Pirate Pete Landau’s legal threats after 1 week and where he is now and more. In between I look at Ben’s Creek (BEN), the job of a CEO as a promoter, Zephyr Energy (ZPHR), UK Oil & Gas (UKOG) and the fraud Supply@ME Capital (SYME).
601 days ago
Just a couple of weeks ago shamed Aussie penny share promoter David Lenigas was suggesting on twitter that I could not do my sums and there was no cash issue at UK Oil & Gas (UKOG), one of his babies now 96% down over 5 years at 0.06p. Today comes news which should see the old rogue sending me a case of Metaxa by way of an apology. Not a placing but a massively dilutive farm-out of Horse Hill.
652 days ago
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.
825 days ago
If I have ever suggested that Mr David Lenigas is a shameless penny share promoter and all round spiv prone to grotesque exaggeration whose clumsy ramping has helped to turn AIM into the sewer that it is, I should like to apologise. And I mean that most sincerely. The tweet below, about a stock where I may have a minor interest, although that in no way influences me, shows that Mr Lenigas is a world class mind whose pithy objective analysis of mining stocks makes him a national treasure. Let the record stand corrected.
875 days ago
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.
884 days ago
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!
928 days ago
After eleven weeks as the latest CEO of Powerhouse Energy (PHE) Paul Drennan-Durose felt the need to reassure the morons owning this stock. And he took as his inspiration the great Ronan Keating who, as I am sure you know, sang a song about the relationship between a penny stock promoter and his gullible investors.
1159 days ago
David Lenigas is to ramptastic tweeting what Colin Bird is to pre placing pumps. He just cannot help himself. Today’s special is a picture of two men in late middle age standing in a tax haven shaking hands. Apparently this is very significant for Aquis lobster pot listed Valereum (VLRM), the crypto play pumped to 80p three months ago as the shameless chartist turned penny share stock promoter Zak Mir called it up to £2, That helped it get away a £1 million placing at 70p. Its shares now trade at 29p but even that is still a staggering 20 times net assets for this loss making business. Maybe three men could shake hands tomorrow in some tax dodging location and that would be even more significant, eh Dave?
1260 days ago
One of these three gents is a good friend (or was, maybe he won’t be after reading this), one is godfather to my daughter and one is a fat and utterly shameless Aussie share promoter who used to think there was more oil in the Weald Basin than in Saudi Arabia and whose latest tweet is below.
1303 days ago
Shameless Aussie penny share promoter David “Did I mention that Horse Hill is bigger than Saudi Arabia – Lenigas owns shed loads of shares in a tiny Aquis listed serial dog, Valereum Blockchain (VLRM), which has less than £300,000 cash and – as things stand – no actual revenues. par for the course with a Lenigas ramp. His ramping on twitter is bad enough but he saves the worst excesses for a private Telegram chat room where he assumes, one suspects, that he will not be exposed. Wrong!
1356 days ago
Shares in Supply@ME Capital (SYME) have now been “temporarily” suspended – after I explained to the FCA why a suspension was needed – since January 21. I wonder how the Sith Lord Zak Mir, such a keen promoter of this fraud, interprets the 1 month share price chart?
1372 days ago
Of course, I am not influenced at all by my ownership of a significant number of shares in Wishbone Gold (WSBN), at 15p valued at £24 million. I note the claim, below, by Mr David Lenigas that Wishbone’s gold asset may offer a bigger gold target than that of Greatland Gold, market cap £856 million. If I have ever given the impression that I consider Mr Lenigas a penny share pushing stock promoter prone to laughable hyperbole I would like to apologise. The man, as you can see below, is the most prudent and conservative analyst of high quality gold stocks in Britain today. He is a National treasure.
1373 days ago
The fraud Supply@ME Capital (SYME) has repeatedly declined the opportunity to say what its cash position is right now when issuing updates on trading, today being the latest case in point. The reason, as I shall show below, is that it is bankrupt, utterly out of cash. And that may be one, of many reasons, why the FCA does not allow its shares to resume trading. So here is the maths which is so easy that some of the morons who own this stock, perhaps even promoter in chief Zak Mir, might understand it.
1382 days ago
For years AIM sewer listed Bahamas Petroleum (BPC) has spun the line that all it needed was a farm in partner to unlock massive potential for oil in the Bahamas. For years I have called out CEO Simon “Harry” Potter as a useless and grossly overpaid promoter who should be fired – here is a piece from 2015. And warned that this stock was just not investment grade - you can see a series of exposes and scoops HERE. Sadly Potter was not fired in 2015 and today – with him having hauled out well over £5 million in compensation – since his 2011 appointment when the spoof started, the house of cards has collapsed. It will get worse.
1414 days ago
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.
1445 days ago
On Saturday, Millwall Supporters booed as their players took a knee in support of an organisation that most Britons (both white & BAME) think INCREASES racial division, that wants to end capitalism & the nuclear family, to boycott Israel, defund the police and shut jails. Millwall supporters spoke for the nation. Fraud promoter Gary Lineker said the supporters were racist in opposing the organisation that increases racial tension, Black Lives Matter. Whatever. Gary is a prick. Tonight Millwall face QPR in the Championship.
1450 days ago
Round at Supply@ME Capital (SYME) HQ it really is starting to look like the May Day parade in Moscow. So here is another matter for promoters such as the Sith Lord Zak Mir and the dwindling band of bulletin board fanatics to consider.
1552 days ago
Standard listed Cobra Resources (COBR) is the sort of enterprise that gives Aussie stock promoters a bad name. It has two brokers to pump the stock and do placings as often as possible, the esteemed blue chip houses of Peterhouse and SI Capital. Lots of placings, lots of dilution, but lots of commission, coke and hookers all round. It also employs THREE firms of the calibre of LSE Share Talk to pump the stock to mug punters. But an RNS release of 17 August surely goes a step too far.
1568 days ago
I speak as a shareholder and a supporter but this is quite literally insane. The company has appointed Alistair Ford, who works for paid for stock promoters Proactive, as a director. And this is where it gets bizarre. Ford has given an interview to the Sith Lord Zak Mir,
2075 days ago
We have warned you time and time again that Blue jay Mining, the stock promoted shamelessly by disgraced share promoter Old Mother Michael Walters and SP Angel's John Meyer on the basis of bogus "imminent" offtake deals was one to avoid like the plague. The shares are off by 20% today at 9.1p and, a reliable City source, says that investors are being sounded out about a material placing. But at what price?
2094 days ago
Please remember that i do occassionally lapse into Parody thus while the first few minutes of this podcast concern the nation's sweetheart and most talented chanteuse, my real concern is the scandal at Blue Jay Mining (BYAY) unearthed by today's RNS. I cover the role of shamed promoter Old Mother Michael Walters, disgraced broker John Meyer of SP Angel of the Mysquar (MYSQ) fraud shame and of course the company itself. There should be a full investigation and heads need to roll after almost two and a half years of the market being misled. If you enjoyed this podcast please support the EIGHT rogue bloggers for Woodlarks with a small donation HERE
3534 days ago
Disgraced Aussie promoter Peter landau has no shame. Investors have lost almost everything on Range Resources (RRL) while Landau has trousered millions via his Okap Ventures Company. Shares in Black Mountain Resources (BMZ) remain suspended. Yet the money grubbing bastard is back for more as he plans, I can exclusively reveal, his next IPO.
