Good morning all + welcome to Glad. and PokerB. nice to see new "faces" here
Dr:B ref:TMP
is a miner and as such when they strike “a find” they shoot up otherwise run out of cash (finance difficulty etc..) they go down …. + adding that majorities AIM (penny stocks) easily manipulated + de/ramped but if one get the right one it bring good profit…. A bit like the bio/pharma specially on the phase III
To explain it better what I mean look at this miner (USA) stock BNXR
On Wed 11th announced >>>> Brinx Resources is pleased to announce that it has commenced drilling on the new 2009-2 and 2009-3 oil and gas exploration programs at its Oklahoma Projects.
Yesterday news >>> Brinx Resources and Partners Make New Oil and Gas Discovery at 2009-3 Oklahoma Project
Open 0.14 closed 0.3350 +66.67% Day's Range:0.1350 - 0.24
That is what and how I follow to get some winners….
So IMO I look at those more as a "lucky strike"…. However quite correctly as a chartist you read a chart hoping to point at the right direction … to me as a “naïve” charter (can I say that?
) it could go under a penny like it go to 2p I like to see more what they are doing (present +future+ ratio of finding etc otherwise I go on momentum/volume etc…. (not to confuse that with my scalping method…. otherwise I am just interested that the stock go up for few seconds/minutes)
I haven’t found much on TMP…. later today (evening) I will take a look further (now I have to go to my oil …lol) however as I see right now could be worth few ££ for a long holding (but as I said have to get more information) otherwise get on the wave for few ££ ride…..
Few links for further info
It look likes this is their main project in Brazil>>> Templar Minerals announces that following the completion of a preliminary technical report that its 100% subsidiary Paranaiba Minerals Ltd. (“Paranaiba”) will commence Phase 1
http://www.templar-minerals.com/index.php?option=com_content&task=view&id=20&Itemid=28 + TMP official site
Templar maintains a 4.47% holding in Vatukoula Gold Mines plc (VGM)
The major asset of VGM is the Vatukoula Gold Mine in Fiji. (info from their site)
Yesterday a lot miner were green so brought up quite few with them…. One that I follow is WML.... I wasn’t present (at the right time) to get some today
worth follow URU (see the chart from Jan 2009)
although I don't agree what can be done with Uranium (A/bomb) but nuclear power is the cleanest, least expensive and most secure source of electricity (so they tell us but then destroying ourself with the "waste")... unfortunately in trading (or business) one has to be ruthless following money instead of humanity.... what world!!!! the shameful of a war is the rich of some other .... war is a business... how sad
(sorry but couldn't help those last lines)
PS hope you can get some meaning to this post..... My English for this type of discussions is just!!!!
pity on me it take a hell of a time to get some sense to it so put the right words and verbs