Aurasian Min Share Discussion Threads

[tomboyb] 11/6/2015 11:39

L2 2 v 2 -

A few buyers back - Good Management here so well worth a look - As said previously largest shareholder is Newmont

[domple] 08/6/2015 14:10

Damn....always miss out. Just a few small buys and it goes up 12.5%. Doesn't make sense.

[domple] 03/6/2015 08:31

without any news this will drift....

[tomboyb] 02/6/2015 08:47

Morning -

Sometimes dogs will bark - Someone taking advantage of the low share price -

[domple] 01/6/2015 12:42

down she goes...

[domple] 26/5/2015 13:26

It's a dog of a share...going nowhere except down. I'll eat my hat if this goes blue!

[domple] 19/5/2015 08:51

think sellers may have gone now. I have as this is a bit of a dog.

[domple] 15/5/2015 12:14

doesn't look like this is going anywhere fast. volume right back down and quite a few sells.

[hjfe] 14/5/2015 13:39

Here comes the bounce back to a sensible level.

[tomboyb] 13/5/2015 13:42

50% down from highs - Lost all gains

However i'd expect a bounceback once sellers depart

[simon_64] 13/5/2015 11:33

Picked a few of these today on the fallback, do seem good value trading not far off cash in bank, tie up with Newmont , JV announced and another 750,000 dollars from a sale to be added to cash balance and no fund raising expected this year.

[tomboyb] 13/5/2015 08:23

Morning -

75mill traded yesterday - A record - well almost for aum

[tomboyb] 12/5/2015 12:29

[...]

Aurasian Minerals shares fly as unveils new Laos venture

By Giles Gwinnett May 12 2015, 12:01pm Shares in Aurasian rose 130.16% to 0.725p.Shares in Aurasian rose 130.16% to 0.725p.

Aurasian Minerals (LON:AUM) moved a step closer to unlocking the mineral wealth of Laos in Southeast Asia as it unveiled a new joint venture, sending shares in the company rocketing.

The tie-up is with Lao investment company Sahamit Phattana and the new group will undertake exploration in the country.

Bruce Kay, Aurasian's chairman, told investors: "We are delighted to be forming this partnership with Sahamit, a highly respected and capable group with excellent in-country contacts.

"Through the Aurasian team's deep knowledge of the area based over 20 years' experience in the country we believe that we are now in a very good position to take advantage of the highly prospective mineral potential of Laos."
Laos is a landlocked country with a population of around 7mln. Its neighbours are China Burma, Vietnam, Cambodia and Thailand.

Aurasian will hold a 70% stake in the new entity and Sahamit 30%.
Ten percent of the Sahamit stake will be financed by Aurasian through a loan to be made to Sahamit, which will be repayable out of its share of any dividends paid by the joint venture company.

Sahamit is involved in activities, which span agriculture, aquaculture, and construction and its president is Khuanchai Siphakanlaya - also president of Lao Consulting Group, a well-established and respected infrastructure contractor.
Shares in Aurasian rose 130.16% to 0.725p.

[tomboyb] 12/5/2015 12:10

For a bit of History on the Newmont backed team -

The Aurasian partnership with Bruce Kay, Paddy Waters and Jon Loraine gives Aurasian access to many years of successful exploration experience across South-East Asia. This team was responsible for the discovery of the Phu Kham copper-gold mine in Lao, and the Martabe gold mine in Indonesia.

[tomboyb] 12/5/2015 12:05

AUM is just beginning its journey

Very credible backer and Management team -

New venture opens up doors in area where the current management have a lot of experience -

"Through the Aurasian team's deep knowledge of the area based over 20 years' experience in the country we believe that we are now in a very good position to take advantage of the highly prospective mineral potential of Laos."

One thinks they may already have something -

Tim Coughlin + Bruce Kay -

[domple] 12/5/2015 11:57

may be binlad but it may end the day up at .8 new high....whatever, some will have made some very nice money today. and the thing is this, it's a new company with sound people on board and have made an important announcement today. they are heading in the right direction and that's what attracts investors not only for today but also in the short, medium and long term.

the mms will make their money with this share over next days, weeks and months.

[binladin] 12/5/2015 11:48

Aback to 0.6p by end of day...

[tomboyb] 12/5/2015 11:33

Bruce kay is tied to Newmont and is a Newmont veteran - Our Ceo

Newmont investment is well above 1p per share -

Look up "Khuanchai Siphakanlaya" as per todays RNS

[domple] 12/5/2015 11:31

see if it breaks through the 1p mark today.

[tez123] 12/5/2015 11:26

That's the sellers out.

[tomboyb] 12/5/2015 11:17

Newmont are the largest shareholder here -

So it'll be interesting for firstly the team recruited and the areas they will look to develop -

[domple] 12/5/2015 11:05

smashed that barrier....it just stops for a little breather every now and then before it heads straight up.

[domple] 12/5/2015 10:58

agree with tomboyb about the team managing the company. Driven by success. Always refreshing to see them just get on with the job and are focused on the outcome.

[domple] 12/5/2015 10:57

always like a new company with good news coming out! very positive sounding and good volumes of shares mainly being bought.