In no particular order here are some of the “Pump and Dump” fraud making companies that have been found to be dirty. They are an assortment of current and dissolved comoanies. When you dig into who’s involved (or has been involved) in them hopefully you’ll understand why:-
Arlington Associates Ltd
https://companycheck.co.uk/company/06481885/ARLINGTON-ASSOCIATES-LTD/companies-house-data
Lonrho Limited and their network of Lonrho subsidiaries connected to such luminaries as Geoffrey Trevor White, and Ambassador Frances Dee Cook:
http://companycheck.co.uk/search?term=Lonrho%20ltd
Lonmin
http://companycheck.co.uk/company/01350140/LONMIN-MINING-COMPANY-LIMITED
Vatukoula Gold Mines Plc – including people like David Anthony Lenigas, Lord Colin Orr-Ewing, Ian John Stalker and Donald Ian George Layman Strang. At the time of writing (7th February 2020) the company’s Net worth is -£42,923 million!
http://companycheck.co.uk/search?term=Vatukoula%20gold
Leni Gas Oil – You only need to know the name David Anthony Lenigas to know that you should run a mile from any company associated with him. If you’ve been to any investor roadshow or meeting you’ll hear gasps of disgust when hearing his name, and with good reason when you see how many different companies and I.D. reference numbers he uses as he suns himself up in tax haven Monaco:
http://companycheck.co.uk/search?term=Lenigas%20oil
Solo Oil Plc – another Lenigas scam production linked to Pinsent Masons (the clue is in the name) operating out of 1 Park Row, Leeds and Suite 3B, Princes House, 38 Jermyn Street, London.
http://companycheck.co.uk/search?term=Solo%20oil
Rare Earth Minerals – here’s another company that was formed out of 38 Jermyn Street:
http://companycheck.co.uk/director/910916817/RARE-EARTH-MINERALS-PLC/companies
GCM Resources Plc – another Lenigas and Strang special:
http://companycheck.co.uk/search?term=Gcm%20Resources%20
Jubilee Platinum – here’s the share price, currently going down at the time of writing:
https://www.lse.co.uk/SharePrice.asp?shareprice=JLP&share=Jubilee-Metals
Mediterranean Oil and Gas – currently trying to attract investors in meetings in Cyprus:
https://www.expohour.com/mediterranean-oil-gas-forum
Falklands Oil and Gas (which merged with Rockhopper Exploration Plc – part of Rockhopper Resources) in 2017:
Heritage Oil
http://companycheck.co.uk/search?term=Heritage%20oil
Royal Petroleum
RAB Capital Plc
http://companycheck.co.uk/search?term=Rab%20capital%20plc
RAB Special Situations Fund
Ortac Resources
http://companycheck.co.uk/search?term=Ortac%20Resources%20
Dragon Oil Plc – based in Dubai and currently showing 0.00p and no movement within the company’s shares.
https://investing.thisismoney.co.uk/quote/DGO
Hot Tuna Plc – no activity since 2012:
https://uk.advfn.com/stock-market/london/hot-tuna-HTT/share-price
Caza Oil and Gas –
https://www.sharesmagazine.co.uk/shares/share/CAZA
Polo Resources – shares not looking healthy and on a downward trend for months at the time of writing:
Matra Petroleum – looks as if it’s all over and the shareholders are not happy:
https://uk.advfn.com/stock-market/london/matra-petroleum-MTA/share-chat
Kalahari Minerals – why would a company be dissolved with £28 million Net worth I wonder?
http://companycheck.co.uk/search?term=Kalahari%20Minerals%20
Extract Resources – a Uranium exploration company based in Namibia that was bought out by a Chinese entity in 2012:
Petra Diamonds
http://companycheck.co.uk/search?term=Petra%20Diamonds%20
Fortune Oil – based in Hong Kong. No movement in share price since 2014:
https://uk.advfn.com/stock-market/london/fortune-oil-FTO/share-price
Petrel Resources – based in Dubin, Ireland with Tony Buckingham on the Board, not good:
http://companycheck.co.uk/company/IE092622/PETREL-RESOURCES-PUBLIC-LIMITED-COMPANY
Sunrise Resources – Another Pump and Dump:
https://uk.advfn.com/stock-market/london/sunrise-resources-SRES/share-chat
Sirius Minerals –
http://companycheck.co.uk/search?term=Sirius%20Minerals%20
Xcite Energy
http://companycheck.co.uk/search?term=Xcite%20energy
Enegi Oil – a dissolved company from Manchester:
https://uk.advfn.com/stock-market/london/enegi-oil-ENEG/share-price
SolGold (formerly Solomon Gold) Plc – an Australian Gold and Copper mining company. Shares today are currently going up, but beware.
https://www.lse.co.uk/ShareChat.asp?ShareTicker=SOLG&share=SolGold
Nyota Minerals – not active for over 3 years:
https://www.lse.co.uk/SharePrice.asp?shareprice=NYO&share=Nyota-Minerals
Dragon Oil Plc – taken off the London Stock Exchange market in September 2014:
https://www.sharesmagazine.co.uk/shares/share/DGO
Bahamas Petroleum – be very careful of this one in case you get your fingers burnt:
https://uk.advfn.com/stock-market/london/bahamas-petroleum-BPC/share-chat
Faroe Petroleum – now under change of ownership by Norwegian oil and gas company DNO:
Border and Southern Petroleum – another one not to touch:
https://www.lse.co.uk/SharePrice.asp?shareprice=BOR&share=Borders-and-Sth
Beowulf Mining – on a downward trend for months:
https://www.lse.co.uk/SharePrice.asp?shareprice=BEM&share=Beowulf
Berkeley Mineral Resources – had mining licence terminated in Zambia 2 years ago:
https://www.lse.co.uk/SharePrice.asp?shareprice=BMR&share=Berkeley-Mineral-Resources
Nostra Terra Oil and Gas – another on a 3 month downward share price trend:
https://www.lse.co.uk/SharePrice.asp?shareprice=NTOG&share=Nostra-Terra
Empyrean Energy – beware of the share rampers:
https://uk.advfn.com/stock-market/london/empyrean-EME/share-chat
Kea Petroleum – was wound up and liquidated in December 2015:
https://www.thegazette.co.uk/notice/2449286
Serabi Mining – be careful.
https://www.lse.co.uk/SharePrice.asp?shareprice=SRB&share=Serabi
Anglesey Mining Plc – Where do we start with this one? Hasn’t mined anything since the current company was formed in 1984 or the previous company (Anglo Canadian Exploration before that) – over 50 years!
Their interim loss widens and they are asking for further funding. To do what exactly!?
Steer clear of this one at all costs! The share ramping agents such as Brenthag and Divermike are on a mission:
https://uk.advfn.com/stock-market/london/anglesey-mining-AYM/share-price
https://www.lse.co.uk/ShareChat.asp?ShareTicker=AYM&share=Anglesey-Mining
Tullow Oil – another one on a downer:
https://www.lse.co.uk/SharePrice.asp?shareprice=TLW&share=Tullow-Oil
Baobab Resources – no activity since 2014 and with debts of £3million:
https://uk.advfn.com/stock-market/london/baobab-resources-BAO/share-price
Pan African Resources – be careful of this one. It’s connected to St. James’s Place (SJP).
https://investing.thisismoney.co.uk/quote/PAF
Paragon Diamonds – remember, the AIM is a casino with odds very much stacked against you.
https://uk.advfn.com/stock-market/london/paragon-diamond-PRG/share-chat
Archipelago Resources – was a Perth based company until it was de-listed on the Stock Exchange:
https://m.marketscreener.com/ARCHIPELAGO-RESOURCES-PLC-4004323/
Patagonia Gold – Argentinian based company bought out by Canadian company Hunt Mining Corp. Plenty of share ramping ctivity with this one:
https://uk.advfn.com/stock-market/london/patagonia-gold-PGD/share-chat
Green Dragon Gas – the facts speak for themselves:
https://www.lse.co.uk/SharePrice.asp?shareprice=GDG&share=Green-Dragon-Gas
Atlantic Coal – debt the problem here:
https://www.lse.co.uk/ShareChat.asp?ShareTicker=ATC&share=Atlantic-Coal
Gem Diamonds – diamonds are not always a best friend:
https://www.lse.co.uk/ShareChat.asp?ShareTicker=GEMD&share=Gem-Diamonds-Di
Valiant Petroleum – bought out by Ithaca Petroleum:
Nautical Petroleum – linked to Colin Bird from Cairn Energy, and also Malcolm Alec Burne from Anglesey Mining Plc:
http://companycheck.co.uk/company/04362104/NAUTICAL-PETROLEUM-LIMITED
Ormode Mining – notice a Dive of Death in December:
https://www.lse.co.uk/SharePrice.asp?shareprice=ORM&share=Ormonde-Mining
Alkane Energy – methane producing company from abandoned coal mines bought out by Infinis:
https://www.infrastructureinvestor.com/3i-backed-infinis-acquire-alkane-energy/
Egdon Resources – not much going on here apart from the promise of Shell getting in on the action and the sharing of an article from 25 years ago on the share chat. Another case of pointless ramping:
https://www.lse.co.uk/ShareChat.asp?ShareTicker=EDR&share=Egdon-Resources
Rambler Metals and Mining
Persian Gold – talk of links to Iran and Nuclear.
https://www.unitedagainstnucleariran.com/company/persian-gold-plc
Salamander Energy – was acquired by Ophie Energy in 2015, which was recently acquired by Medco Energy Global Pte:
https://www.ophir-energy.com/
GGG Resources – no activity since 2011:
https://uk.advfn.com/stock-market/london/ggg-resources-GGG/share-price
Gemfields – Johannesburg company hasn’t traded on AIM since 2017:
https://investing.thisismoney.co.uk/quote/GEM
North River Resources – officers registered to 1A, 38 Jermyn Street in London, where Lenigas et al are connected to:
http://www.northriverresources.com/
Sea Energy
Aquarius Platinum Limited – nothing on share chat since 2015:
https://uk.advfn.com/stock-market/london/aquarius-platinum-AQP/share-price
Minerva Resources – not worth it:
https://www.aimlisting.co.uk/minerva-resources-plc-mva-2/
Victoria Oil and Gas – another on a downward trend
https://www.lse.co.uk/SharePrice.asp?shareprice=VOG&share=Victoria-Oil-and-Gas
Paladin Resources -linked to boiler room 50 Lothian Road in Edinburgh. Not worth a risk:
https://www.bloomberg.com/profile/company/0701477D:LN
Sylvania Resources – the broker says that it’s a “strong buy” but that’s only because the share price has dropped for this platinum producing company. Beware:
https://investing.thisismoney.co.uk/quote/SLP
Churchill Mining Plc – Game Over:
https://www.lse.co.uk/SharePrice.asp?shareprice=CHL&share=Churchill-Mining-Plc
Carlton Resources – Plc company closed in 2016, and Carlton Resources Solutions went into administration in 2019:
https://app.duedil.com/company/gb/05399993/carlton-resources-plc
Ethiopia Resources – KEFI – share price all over the place:
https://www.lse.co.uk/SharePrice.asp?shareprice=KEFI&share=Kefi-Minerals
Novena Energy Plc – liquidated. Now under the Infinis name.
https://www.infinis.com/about-us/corporate-overview/history.466/
Clyde Petroleum – dissolved:
Emed Mining – Rio Tinto sniffing
https://uk.advfn.com/stock-market/london/emed-mining-EMED/share-price
Amur Minerals – a 3 month downward trend on this Russian company:
https://www.lse.co.uk/SharePrice.asp?shareprice=AMC&share=Amur-Minerals
Stellar Diamonds – caution is the key:
https://www.lse.co.uk/SharePrice.asp?shareprice=STEL&share=Stellar-Diamonds
Alba Minerals – of course the Broker will say that this us a good buy, but anything linked to the “Gatwick Gusher” that is Horse Hill (and Lenigas) is worth walking a mile away from:
https://investing.thisismoney.co.uk/quote/ALBA
Vane Minerals – don’t even bother looking.
https://uk.advfn.com/stock-market/london/vane-minerals-VML/share-price
Thor Minerals – had Andrew Bell on the Board. Not worth it. He just runs a mile when confronted with the facts about his other companies.
https://beta.companieshouse.gov.uk/company/05276414/officers
And, finally,
Range Resources – Well, you only need to look at the downward trend over a three year period for this company (as well as the many investors who have approached Pandoras Box Investigations Limited who have said that they have lost £thousands, sometimes in the £hundreds of thousands).
https://www.lse.co.uk/SharePrice.asp?shareprice=RRL&share=Range-Resources
So, there you have it. This is just a brief glimpse into some of the companies who operate on the AIM and LSE markets who we would urge not to touch (and those who have been dissolved where people lost their investments).
Remember, do your due diligence and research before investing in any company on either the penny stock market or the main London Stock Exchange because you might get your fingers burnt otherwise.