Asiamet Resources Share Discussion Threads

[aim0raider] 22/3/2017 21:49

Avoid like the plague Jim. One of Aim's golden rules.

[jimduggen] 22/3/2017 21:01

Yes that is the man.

[aim0raider] 22/3/2017 20:40

Don't tell me, Colin Bird?

[mr roper] 22/3/2017 20:21

Never heard of it, Jim.

[jimduggen] 22/3/2017 20:01

Mr roper, orogen gold stung me and i believed every word bird and that slowey said... look what happened there

[mr roper] 22/3/2017 18:32

You surprise me, Jim

[jimduggen] 22/3/2017 17:42

I have 50000 shares

[mr roper] 22/3/2017 16:48

Can't say I believe you, Jim, tbh but good luck anyway whether you hold or not.

[jimduggen] 22/3/2017 16:41

No i have bought and i hold.

i like it that tm has a lot of shares.

That gives me some more confidence in this

[littlemadam] 22/3/2017 14:39

Adorling, Mr R, glad to say my average is 2.7p
I genuinely wish I was willing to invest more but I am, as previously said, buying another cottage on Anglesey and like to have a few grand put by for a rainy day.
When ARS comes good I will probably use it to buy another property, so a 1 or 2 year timescale suits me.
Price stability here would be a good thing for a week or two.
But, as TM has said 2017, will be transformational for this company.

[mr roper] 22/3/2017 13:40

Adorning, patience is a virtue. My average here is near 2p. :0)

[adorling] 22/3/2017 13:36

LOL Mr R - such are the frustrations of overtrading for short termers instead of the simple investing strategy of finding a great Company in its early growth phase, buying as much as your finances and risk tolerance can embrace and then just wait for substantial wealth to be created!

[mr roper] 22/3/2017 13:29

According to Jim last week the "value was clear for all to see" and the beast was about to be unleashed. I'd suggest that Jim sold, if he ever held, and is hoping for a cheaper entry before he can go back to full on ramp mode.

[charles clore] 22/3/2017 13:18

Jim needs a bit more excellent news before he will believe the story. I don't blame him for being cautious but there is a strong argument for optimism here imho.

[2lb] 22/3/2017 13:11

You never will be

[jimduggen] 22/3/2017 13:07

Im still not convinced

[mr roper] 22/3/2017 09:48

excellent article on copper


Couple of nuggets
1) "My guess is that we start to see the shortage become obvious near the end of the first half of 2017. Prices will overshoot and what we saw during the China boom won't be out of the question"

2) "So the looming supply deficit being projected is all a matter of copper pricing. We are just going to be running short of cheap copper."

[2lb] 22/3/2017 09:20

6m - excellent holding adorling.

I agree with your analysis, the next 6-8 weeks for me are now the pivotal phase for ARS to break out from its historic trading range.

Many of us have accumulated and waited over a significant period of time so weeks is not an issue at all when there is so much more to come

I am confident of clear water by the end of April in terms of the current price.

[adorling] 22/3/2017 09:10

It's all good stuff with a "significant resource upgrade" to be confirmed in April (mid) so only a few weeks away and the investor evening and UK Investor show presence before then which will no doubt bring on board new investors and give existing investors further confidence to build their stakes ahead of April announcement. I have built my stake further (to 6m) having taken advantage of those MM "stop loss" price dips below 4p recently.

I am positive that we shall see 6-8p by end April (+50%) and 13-15p if those bloody licences are announced. We are in strong news flow mode for the next 2 months and as we move towards being a producing mine ARS is fast becoming more reward than potential risk in the risk-reward ratio of investing. Let's not forget that the PEA last year gave a NPV of US $204.3 more than x12 current market cap and we know that is going to change. Patience will be substantially rewarded IMO.

[mr roper] 22/3/2017 08:03

I hope they are on the podcast today..

[mr roper] 22/3/2017 07:57

tremendous update. Looks like they want to get this show rolling pretty quickly. Production next year for the first 10k? Looks like a serious possibility.

[2lb] 22/3/2017 07:56

Fantastic update

Move from explorer to developer now in full swing and gathering pace and the road to producer now very clear.

BKM will produce significantly more than CAML on its own.....

Crazy stuff.....

[adorling] 22/3/2017 07:19

RNS - I like the fact that we are proving our start up costs are reducing whilst resource upgrades are continuing. There's no doubt TM and the team want BKM producing copper earlier than originally planned and at less cost to coincide with increasing global copper deficits.

"Significant potential upside exists with the next update of the Resource
model, definition of leachable copper and improvements to the mine
sequencing to maximise early copper production, while deferring waste mining costs"

[hawks11] 22/3/2017 07:16

It just sounds like more good news, of which we have ample.