The Evil Diaries: Churchill Mining and Circassia Pharma

I first encountered Jacob Rees-Mogg about fifteen years ago when he, his father and I were speakers at an investment conference. I reckoned Jacob was a bit of a prig. Then, about eighteen months ago, I saw him on Channel 4 speaking at a Bingo meeting of northern women. I thought his tone was condescending and marked him down as unlikely to prove to be a major national politician. However, I have been forwarded his appearance in a pro-Brexit performance and I am now seriously converted towards him personally and reckon that he sets out the pro-Brexit case in a succinct manner in this clip:https://www.youtube.com/watch?v=Mk6Ymy758l4

Throughout the campaigning a central feature has been claims by both sides as to the economic advantages to be achieved by the campaigner in question. But, regardless of whether one agrees or not, surely the central consideration is the recognition that democratic control of the administrators of law and the laws themselves are essential not just to sanity but also to prosperity. That is why the Brexit case is irresistible – not just for us but also the Continentals – who will thank us in the end.

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On Friday last I paid as much as 25.75p for Churchill Mining (CHL) since we surely very soon get a ruling on the compensation claim. After the Oxus debacle investors are understandably wary. This suggests that CHL is artificially depressed.

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Finally, Circassia (CIR) plunged this morning on publication of clinical results. Perhaps 4D Pharma (DDDD) is next to go. Now 790p bid.