Asa Resource Share Discussion Threads

[luckymouse] 04/10/2016 12:32

amazeballs

[the stigologist] 04/10/2016 11:29

The basic short term target for this 'Double Bottom' completion is 6p

[mreasygoing] 04/10/2016 11:12

I'll be happy when it's closed above 2.9p. Until then I'll be happy to hold but won't add.

[tidy 2] 04/10/2016 10:52

Massive buy and hold. Don't look back

[the stigologist] 04/10/2016 10:51

Inexorable. Expect a major announcement in the coming days or weeks on either Zani Kodo or ASA Gold or some such. Doesn't really matter what. Management are fully engaged. Chart poised to gap up into 4-6p range IMO.

[the stigologist] 04/10/2016 09:49

The lack of even minor retraces shows the underlying strength and massive undervaluation here.

[mr macgregor] 04/10/2016 09:46

Thanks, your valuations are always so reliable.

apfindley - 20 Jul 2016 - 06:35:09 - 572 of 929 ASA share price 0.65p
These results are dire.
You cannot blame Mpinga as he was already gone before the reported period started.
These results are purely down to current management, and the losses reported are horrendous.
And they had to raise equity, so it gets even worse.

Where are the rampers who LIED and told everyone a few weeks ago that bumper profits were to be announced. Well they pumped the price from around 0.5 to 0.8 so job done, they ran off with their profits, leaving everyone else with expensive stock.
And now the price is going down on these disastrous results."

[tidy 2] 03/10/2016 20:33

How's great western getting on is that a ten bagged again. How many has that had now? NONE !!

[apfindley] 03/10/2016 19:42

I see fantasy figures are being thrown around by the ramping crew.This company is still struggling to keep both c1c3 costs under control and have suffered a large decline in head grades.It's good at today's price, but let's not live in lala land with fantasy billion dollar valuations lol.30m cap for now is comfortable and about right.

[mreasygoing] 03/10/2016 15:04

Lucky punter isn't happy.

[tidy 2] 03/10/2016 15:02

Keep it shut then

[the stigologist] 03/10/2016 14:57

Nobody cares about the opinion of pump and dump con artists

[redtrend] 03/10/2016 13:07

I could only see this ever touch 40p region if Gold is consistently $1,400+, Nickel is $12K+ and Mugabe is out, giving way to a more pragmatic Zanu-PF or other government that are investment friendly (i.e. anyone other than Grace Mugabe's faction!).

A 40p share price would value ASA at £700m would it not? Long-term not out of realm of possibilities, but Zimbabwe would need a complete overhaul and can't see this happening in space of 1 year

[mreasygoing] 03/10/2016 13:02

Touched resistance for now.

[taxibabe] 03/10/2016 12:51

Well yes I agree Tidy I guess some of those who bought circa half a penny or less taking some off the table?

[tidy 2] 03/10/2016 12:47

Shaking the tree guys

[taxibabe] 03/10/2016 11:48

Yes Tidy 2 totally agree 40p is likely at some stage next year. Key is what happens with MUGABE. I like this one as 20 bagger

[tidy 2] 03/10/2016 11:38

40-60p on the rerate not out of the question if not much more with their prospects.

[blueball] 03/10/2016 11:16

This could reach 3p tomorrow and more.

[tidy 2] 03/10/2016 10:27

Massive growth play

[mreasygoing] 03/10/2016 10:25

I've taken a little off the table as we're approaching previous resistance. Either way I win now :-)

[the stigologist] 03/10/2016 10:18

Can only see strong resistance on this chart at 4p, 6p and 10p

[the stigologist] 03/10/2016 10:00

The Battery sector is one I have not paid too much attention to before but it is worth noting as it's not all just 'lithium'. The other point to bear in mind is that because Lithium has been seen as 'hot' it has attracted a lot of money so supply will expand. Nickel seen as 'not' is not seeing supply response.