Gma Resources Share Discussion Threads

[shugmonkey] 07/2/2013 11:40

Noirua,

you still haven't explained your maths.

I have no problem people trading and making money, but you were out to deceive.

Anyway, good luck to the traders, I'm not brave enough with this one.

[34simon] 07/2/2013 11:33

fenseal

Keep it small, time it right, up 100% from low this morning.

[cockney sparrow] 07/2/2013 11:33

slideshow, that's a brilliant header and yet people are still buying! BTW thank you and shug for your help yesterday.

[fenseal3] 07/2/2013 11:32

Why would you buy into a share you don't know the value of, also you can't trade this unless you are very lucky, blink and you will be down 50%.....this a gamble too far for most,stayed away from the start, GLA!!!!!

[noirua] 07/2/2013 11:27

Fairly said Rockability. The long-term guys here deserve much more -- all credit to those holding on.
Maybe, just maybe, this stock is going to get your cash back.

[induna123] 07/2/2013 11:26

Somebody's wrong here. Question is who?

[noirua] 07/2/2013 11:25

As you know we are only guessing values here and we need to ask questions -- was the market that wrong yesterday????????????????????

[rockabilly.] 07/2/2013 11:23

Based on at least a positive move forward, I'm definately in and holding. Today's RNS seems a move in the right direction. I hope the long termer holders get fair return in the not too distant future. I'm sure the tips sheets will be getting hold of this and it will be interesting to see if it gets a mention in the weekend papers. If it does, I reckon we'll see a strong move upward in the early part of next week. Every the optimist :-)

[34simon] 07/2/2013 11:22

Well I am trading this today, bought some back, paying way over atm.

[rodez] 07/2/2013 11:13

re my last posts

REPEAT I AM NOT SAYING BUY JUST THINK CAREFULLY BEFORE SELLING OUT.
1% of 425 M=4.25 M If you take a worst case scenario and assume the NPV is only worth 50% in reality this is 2.1M Look at the MCAP now.(Under graph at top of thread) .

Please read all of my posts today not this one in isolation.
Good luck with whatever you decide to do.(Start 2223) DYOR
Over and out.

[34simon] 07/2/2013 11:12

Took 35% profit at 0.28p, hard to call which way it will go so played safe.

[miss anne thrope] 07/2/2013 11:11

Blimey its off again

magic!

[noirua] 07/2/2013 11:03

rodez #2228,, A very much in IMHO view - I couldn't possibly comment.

I've invested in mining shares for a long time and value in the ground depends greatly on the metals market price, cost per tonne all-in, and can they raise the cash to get it out of the ground, rail it and ship it.

Foreign companies come to London as it's easier to raise cash and often back a good value asset into a shell company.

[rodez] 07/2/2013 11:01

re my last posts

rrogans
5 Feb'13 - 12:38 - 2076 of 2231 0 0

Shouldn't be so difficult to work out the value. The RNS states that there is around 150mt of Mo, allowing for some upside on the Drozhilovskoye deposit. At $11 per pound that would be a value in the ground of £2.3Bn.

Recovery looks high at 80%, but have no idea of the cost per pound. Looking at another Molybdenum miner ...

... say $7 per pound.

$11 is a historic low and $15 is considered more realistic.

So conservative estimate put the respource at over £1bn.

----------------------------------------------

REPEAT I AM NOT SAYING BUY JUST THINK CAREFULLY BEFORE SELLING OUT.
1% of 463 M=4.63M Assume the NPV is only worth 50% in reality this is 2.3M Look at the MCAP now.(Under graph at top of thread) .

[34simon] 07/2/2013 10:57

You forget to mention the debt and convertable debt in Pub :-))

[noirua] 07/2/2013 10:49

34Simon, 'you've smelt the way of the wind' - well done.

[34simon] 07/2/2013 10:47

mm pushed into blue so will the herd chase it ?

[noirua] 07/2/2013 10:45

I'm not sure if you are taking the mickey or not dstm, anyway, my maths are correct.
As rodez implies in his estimates this could be worth a lot, in the ground that is.
I've run this past a few and all are having no luck valuing the asset in the ground as info' is too scant for that.

Others, it seems, know the directors well here. DO YOU THINK THEY HAVE BOUGHT INTO A GREAT DEAL?

[dontshootthemessenger] 07/2/2013 10:36

Noirua it is fine being thick but stating incorrect facts and sucking other thickos down with you is not on

[rodez] 07/2/2013 10:35

I am not telling anyone to buy GMA but for those considering selling I wonder why some well known names are so keen to talk this down given the rise and collapse we have had.Yesterday someone put up figures and theorised about mineral deposits worth 1 billion.You must decide if this is credible.If you take 1 billion out of the ground in equal amounts over 20 years ie 50 M per year you end up, unless my calcs are wrong, with a Net Present Value of 425.68 million.(10% discount rate)Please DYOR.I'm not saying buy just think carefully before you sell.