|India Star Energy
||EPS - Basic
||Market Cap (m)
Real-Time news about India Star (London Stock Exchange): 0 recent articles
|jaylett: Only one person went to the AGM, ate some biscuits and got told to go away. If there had been 20 of us, shouting the odds, it might not have made any difference but at least they would know the strength of feeling. I include myself in this but sitting here moaning at each other every couple of weeks on here is worthless, outside of letting off some steam. We should have absolutely nailed them at the AGM.
The directors were however, 'very bullish', according to the person who attended. I'm sure they were, however I don't think that referred to the share price or the prospects of the firm, I think it referred to their work to salary ratios which are looking great.
Nearly the end of Q1, and nothing. Not a sausage. Laughable.
|okuta: Thanks DeltaBravo for braving the AGM on your own,how many of them were you outnumbered by?Was Paul whatsisname there? Did you get the feeling they were interested or not , how long should we give them do you think , but in reality there's nowt we can do , we have to wait for good or bad news , there's no get out with the share price as it is / thanks again ,regards and best wishes for 2010 from Uganda,plenty of oil / mineral prospects here if they like to bob down.|
|sagem: I wonder if this share price stays up or goes down tomorrow.|
|okuta: Hi FJ ,thanks for keeping your interest in this company and hope you are still intending getting on the Board or at least biting at their ankles.Have you seen the RRR or RGM BB's where they try to have an interface with the MD and get answers to questions from PI's on the BB. Having read comments here about our MD can you please try and give me some confidence that we have a future with this one,from what we read his track record isn't too inspiring.As you know I have quite a few of these and have been in for a few years really hoping for the East/West investment to enable the share price to move on a bit ,however , modest /thanks-regards g|
|clint2006: Done a bit of number crunching on the proposed Rainy Mountain aquisition of EWR. Won't bore you with the detail, but appears to me to be a pretty neutral deal on paper. Option of 1:5 share purchase at current share price comparison only gives a 10% upswing in average share price from current levels. This would be diluted via more shares of RMN in issue.
Question for us all is, What type of people run RMN and what is their strategy?
Remember TNM have also got JV's with EWR so this could also impact on their NAV.
Research to date is that RMN appear to be more of a capital venture company interested in aquiring companies with depressed share price in relation to true net asset worth. Opportunistic is the word that springs to mind.
Given speculative nature of exploration mining companies and the geographic area in which EWR & TNM are active, I am of the opinion "stick with what you know" Believe this to be a deal to make money for RMN not current INDY,EWR or TNM shareholders. Merely my sentiments DYOR
Good luck all, regardless of which way this deal may go.|
|sagem: Does it look any good for a share price increase....New Fuels looks interesting.|
|sagem: Any ideas what brought this alive today all BUYS and a very good share price increase..... Could it be about New Fuels International I wonder|
|sagem: For all the potential this share price is far to cheap even after this mornings rise|
|sagem: INDY hold 2.5 million shares in East West Resources who today issued a very good report on on their Marshall Lake properties..THIS COULD HAVE A GOOD EFFECT ON INDY SHARE PRICE TODAY
COPPER GRADES INCREASE AT DEPTH ON
NORTH GAZOOMA DISCOVERY, MARSHALL LAKE, ONTARIO, CANADA
1.71% copper over 25 metres at North Gazooma from 56.5 metres
Results validate the 0.71% copper over 31.9 metre discovered in 2007
Hole GAZN-08-08 adjacent identifies 53.74 metres at 0.31% copper
"This new discovery adds to an already impressive inventory of copper
"stringer" style mineralization that is often the root to the copper and zinc
bearing massive component of Volcanogenic Massive Sulphide (VMS) deposits."
Commented Paul McGroary, chairman of Marshall Lake Mining PLC.
Thunder Bay, Ontario - February 20th, 2009 - Marshall Lake Mining PLC (PLUS:
MLMP) and its 50% joint venture partner, East West Resource Corporation (TSX-V:
EWR) are pleased to report drill assays from the final three holes of a ten
hole drill program undertaken in 2008 on their Marshall Lake VMS property, 252
kilometres north of Thunder Bay, Ontario, Canada.
The three holes being reported on were drilled on the North Gazooma copper
zone, which was identified in 2007 as the result of drilling an IP anomaly
where the discovery hole, GAZN-07-02, drilled northwards at 45 degree
inclination and produced an intercept of 0.71% copper over 31.9 metres (see
news release, April 17, 2007).
In this latest round of results a further hole GAZN-08-06 was drilled in the
same north-south section, at 60 degrees, underneath the discovery hole
GAZN-07-02. The hole entered the copper mineralised zone at 56.5 metres and
produced a 25 metre intercept, from 69 to 94 metres which assayed 1.71% copper,
8.71 g/t silver and 0.31 g/t gold. This included a high grade 5 metres zone
containing 3.36% copper, 17.14 g/t silver and 0.68 g/t gold. The vertical gap
between this intercept and that of hole GAZN-07-02 ranges from 25 to 35 metres,
and true width, estimated on the basis of this limited information, is 15 to 20
Additionally, holes GAZN-08-07 and GAZN-08-08 were drilled on parallel
sections, 25 metres east and 25 metres west, respectively, of the section
containing holes GAZN-07-02 and GAZN-08-06, and at 45 degrees inclination,
Hole GAZN-08-07 intersected mineralization from 87 to 102 metres depth grading
0.52% copper, 3.36 ppm silver and 0.12 ppm gold.
Hole GAZN-08-08 intersected 53.74 metres of mineralization, from 46.26 to 100
metres, which graded 0.31% copper, 1.45 g/t silver, and 0.06 g/t gold.
The full extent of this new discovery remains to be tested, as does numerous
other IP anomalies on the property.
The project set out above is being supervised by R. Middleton, P.Eng, who is
the qualified person and responsible for quality control of the assaying and
More details are available at www.mlmining.co.uk
The Marshall Lake property is located 310 kilometres north of Thunder Bay in
north western Ontario, Canada and is year round road accessible. Copper and
zinc mineralization hosted in volcanic rock was first discovered in 1954,
resulting in numerous properties being staked and explored. Past diamond
drilling resulted in outlining several mineralized zones. The recent programme
aimed to discover hidden mineralization with the aid of modern geophysics.
Marshall Lake Mining PLC and its 50:50 joint venture partner East West Resource
Corporation have consolidated the existing properties and staked additional
claims resulting in control of more than 50 square miles of the Marshall Lake
copper zinc volcanogenic massive sulphide system.
The directors of Marshall Lake Mining PLC accept responsibility for the
contents of this announcement.
Marshall Lake Mining PLC|
|sagem: EYECONOMY IS UP 5P TODAY.....both EYE and INDY have stakes in the same company....INDY share price should rise again today later|
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