Fair Oaks Income Share Discussion Threads

[saturdaygirl] 13/12/2010 20:43

Kefi and Cnr would make 8 !

[fairdeal2008] 13/12/2010 20:42

oh and tpj but that would make 6 ;-)

[fairdeal2008] 13/12/2010 20:41

aau,ecr,kibo,snrp and thr

[edgar bruce] 13/12/2010 20:19

fairdeal old bean

1) what are your 'top five' for the next couple of weeks

and

2) have you looked at edl, and if so do you like them?

personally i like THR for now, though i still havent' bought any

kind regards

[rico_suave] 12/12/2010 14:21

CONDOR RESOURCES

robson1975 - 10 Dec'10 - 08:18 - 8010 of 8203


just to remind myself really and for any newbies..

Potential for the stock to reach 30-50p in medium term...

Why ?

Potential for 4 material JORC announcements on 4 separate projects possibly with 4-6 months ?

1. La India (80% owned : 20% owned by $900m Canadian miner B2Gold (TSX:BTO)) awaiting JORC-ification by Dec 31st on 1.84m oz Russian resource. That Russian resource could be worth 20p per share on Edison valuation basis.

2. Rio Luna (plenty of good grades including 450g/tonne)

3. El Rodeo (2km strike length, sampling/drilling programme currently underway)

4. El Salvador 1m oz Gold and Gold equivalent (i.e.silver) resource equivalent to one third of Arian Silvers silver resource - currently being discounted as El Sal have a moratorium on mining but a simple decision by the Govt could see 1m oz of potential value to CNR (i.e. 10-15p on Edison value basis?)

[asil nadir] 09/12/2010 21:45

SNRP
Coal explorer/producer in South Africa. Has 150Million tonnes of coal from just 3% of the licence area. Informal adits and coal outcrops provide evidence of continuity of resource. In theory could be up to 3 billion tonnes of coal within the licence areas which are 74% owned by SNRP.

Funded for the next year or so, with major shareholder/investors including Coal of Africa with 19%. Media, Website and Key points below:

MEDIA:


WEBSITE:




WHAT WE KNOW:

-Two takeover approaches both rejected!

-Coal of Africa owns 19% of SNRP / cooperation agreement to come? !

-Resource 2007 was 15 MT of coal !

-Resource 2010 is 155 MT of coal !

-Only 3% of the area drilled !

-Could have a potential of 3BT of coal!

-Next major news next week !

-Production starts in 2011

-Many inquiries from China, India and South Korea / offtake agreement imminent !

-Mining licenses in place !

-Fund is buying lots of shares !

-Already a customer at the front door !

-Sufficient cash for 1 more year !

- 'Additional opportunity' to be reported soon

- In talks with a 'number of parties' over contract agreements

- Feasibility study favourable and detailed analysis to be issued end of October

[pro_better] 07/12/2010 14:23

FD

check out ORM !

sp target 50p !

[jonny flame] 07/12/2010 09:19

OT - Worth researching VML

326,923,658 shares in issue, @ 2.75p equates to a market cap of 9m GBP

Recently raised cash;



Has producing Gold/Silver assets in Mexico, which are ramping up production;



VANE Minerals Begins To Acquire Some Critical Mass, With Gold Production Set To Double


It's also due to commence drilling some copper assets in the US;
VANE Minerals Sorts Out Its Cash Flow: Next Stop, Elephant-Sized Copper Porphyry Targets

[cyberbub] 02/12/2010 21:01

SNRP doing well today

[bert31] 30/11/2010 23:02

hi guys,

not a natural resource but-

Take a look at VMP - share price now circa 1p
Out of the 150 million shares, only 65 million are in free float. Once news of contracts is released, there could be quite a battle for the few shares available to the public.
They've got a very competent board of directors who is overly qualified in what they do- Business Restructuring, Takeover of UK PLCs & Review Services.
More info on their website:

Over on the VMP board posters are very bullish and compare this with another similar move years ago where a company with big names on board moved from something like 9p to £1 or £2 within days. See link:

I think the potential of 5p short term is very real- (subject to news of course) purely based on the calibre of the boys on board, as well as the small amount of shares in free float. Only my opinion so please dyor.

B

[cyberbub] 30/11/2010 07:54

BHR, Mozambican coal miner, production underway, to ramp up massively in next year or two, offtake for 100% of output, low costs etc. Also have large magnesite deposits in Tasmania, due to start drilling programme shortly to increase resources. JV partnership values coal side alone at $200M (20p per share approx with BHR owning 68%) and the magnesite is thrown in for free (could be worth 20-30p per share on its own in due course). DYOR

[cyberbub] 29/11/2010 20:34

Check out CAD, classic big-seller overhang play, significantly undervalued based on reserves, critical legal action settled (RNS due this week), good new management, due to restart production in coming weeks, large predators sniffing around. More to the point, market cap is almost totally covered by cash at hand and receivables!

NAI

[pro_better] 29/11/2010 16:25

take a look at WTI...very undervalued!!! rerating started...30p is on the cards....

[manchester2009] 29/11/2010 11:51

guys buying on CHC on plus.

29/11/2010 10:03:55 0.36 546,300 O 1,977.61
29/11/2010 09:51:22 0.36 276,243 O 1,000.00
29/11/2010 09:28:05 0.36 500,000 O 1,810.00
29/11/2010 08:50:59 0.36 65,983 O 238.86
29/11/2010 08:49:08 0.36 100,000 O 362.00
29/11/2010 08:09:53 0.36 54,569 O 199.18
29/11/2010 08:09:25 0.36 2,195 O 8.01
29/11/2010 08:08:08 0.32 75,000 O 236.25
26/11/2010 16:03:01 0.36 597,027 O 2,179.15
26/11/2010 15:44:00 0.36 120,000 O 438.00
26/11/2010 15:40:57 0.32 174,291 O 549.02
26/11/2010 15:39:15 0.36 268,534 O 980.15
26/11/2010 15:36:02 0.36 150,000 O 547.50
26/11/2010 15:34:01 0.36 500,000 O 1,825.00
26/11/2010 15:08:15 0.36 405,506 O 1,480.10


a gem indeed and next week will see a transformation here and a new load of investors.nai

26th November 2010 "AIM-listed oil and gas firm Range Resources (RRL) entered the buys in fifth and the sells in fourth, after reporting promising initial results from a survey of its licences in Georgia. Oil consultancy RPS Energy estimates that the area covered by the licences contains over 2 billion barrels of oil, half of which is attributable to Range under its joint venture with Strait Oil & Gas.



Damian Conboy
Non-Executive Director
Damian has a successful background in business development, promotion and investor relations across a range of industries including resources, energy and finance. Damian is currently a director of UK based Exchange Minerals (UK) Limited a diversified mining and resources advisory and investment group. Damian has a Bachelor of Commerce from the University of Western Australia.


Damian Antony Conboy has been Managing Director of Charles Street Capital Plc since October 2010 and served as its Business Development Manager since 2010 Mr. Conboy serves as Managing Director of AIM listed Alecto Energy Plc. Mr. Conboy serves as a Corporate Adviser to ASX listed Greenland Minerals & Energy Limited and to PLUS listed Gold Mining Company. Mr. Conboy served as the Managing Director of Exchange Minerals Limited. Mr. Conboy began his career at Potter Warburg stockbrokers in Perth, Western Australia. Following a move to the UK in 1999, he was involved in several business ventures, finance and other business development roles. He has been an Executive director of Alecto Energy plc since August 19, 2009. Mr. Conboy serves as a Director of Exchange Minerals Limited. He serves as a Director of Strait Oil & Gas (UK) Limited. He served as a Director of My Body Talks Limited, Octagonal Limited and First Avenue International Limited. Mr. Conboy holds a Bachelor of Commerce from the University of Western Australia.

[kiwimonk] 25/11/2010 14:46

Take a Look at ALO.

Has Multiple Gold/Copper Concessions 3-4 and 2 Uranium Licences.

Groundwork has been done by SRK consultants and O'Connor.

Resources identified - Targets Identified. After VTEM, Drilling Begins.

No other stock for under £4m has two Highly prospective Gold Areas that should jorc healthy numbers of 500k min, with Uranium being very much the 2011 Commodity - two licences there to drill up, all for £3.4m.

Check it out.

KM

[monkey puzzle] 22/11/2010 09:52

Fairdeal2008,

One of your old favourites is showing signs of life again today.....

[vivgav] 21/11/2010 19:15

Certainly worth DYOR into BIP imo.

[vivgav] 21/11/2010 19:14

FD

This is a good post from the BIP bb

tim000 - 21 Nov'10 - 13:49 - 544 of 551

One final comment. Since the w/c facility was agreed, the rise in the price of CPO means that the facility is only sufficient to purchase about 9 days' feedstock of CPO. So unless offtakers are prepared to pay upfront, or the company uses invoice discounting etc, the lack of working capital will slow the build up of production towards full capacity (16500 tonnes per month). Put another way, the company is building an operation that will have annual turnover of about £130 million, and yet currently has a mkt cap of £8 mn!

[1nv35tor] 21/11/2010 19:08

snrp 150mill tons of coal 3% of area drilled so far. and only valued at 16p which is worth researching as a really quick summary. they also have funding until like august next year

[knowhope] 21/11/2010 18:47

I like the silver play its going explode in 2011 so dxr interesting

[flyingswan] 21/11/2010 17:33

Gold Mines of Algeria (GMA)





Quote from above article follows:

"The industry is presently trading at $509 per ounce of proven and probable reserves, and nearly $8,000 per ounce of annual production. That's not terribly impressive by historical standards, and it equates to stock prices trading at a steep discount to their Implied Reserve Valuations (IRV); currently around 68% of the total IRV per share".
___________________________________________________________________________

Well, if GMA were priced at near term future annual production of say 36.7k oz (12 x 3,059 oz - the latest monthly production figure) gold based on that article's figure of $8,000. Then 36,700 x $8,000 / 1.6 exch rate = £183.5 million.

Now, that's of course 52% of £183.5 mil / 558.4 mil shares or 17p a share.

If we take the fully diluted capital position however that becomes
52% of £183.5 mil / 725.2 shares or 13.2p a share.

Close enough to SideShow's 14p prediction for me.

Posted by LR2

[flyingswan] 21/11/2010 17:29

Gold Mines of Algeria (GMA)





Quote from above article follows:

"The industry is presently trading at $509 per ounce of proven and probable reserves, and nearly $8,000 per ounce of annual production. That's not terribly impressive by historical standards, and it equates to stock prices trading at a steep discount to their Implied Reserve Valuations (IRV); currently around 68% of the total IRV per share".
___________________________________________________________________________

Well, if GMA were priced at near term future annual production of say 36.7k oz (12 x 3,059 oz - the latest monthly production figure) gold based on that article's figure of $8,000. Then 36,700 x $8,000 / 1.6 exch rate = £183.5 million.

Now, that's of course 52% of £183.5 mil / 558.4 mil shares or 17p a share.

If we take the fully diluted capital position however that becomes
52% of £183.5 mil / 725.2 shares or 13.2p a share.

Close enough to SideShow's 14p prediction for me.

Posted by LR2

[fairdeal2008] 21/11/2010 15:52

Thread closed

[envirovision] 21/11/2010 13:17

Further to my post number 81, I assume everyone followed Fridays developments at Ascot Mining regarding Red Rock Resources stake and the t1ps gold fund buying warrants and loan notes?

If not see the ASMP thread.