Marakand Minerals Share Discussion Threads

[drewz] 15/8/2006 15:56

Oh dear. Commiserations to all those who held on.

The prospects were once so bright.

[phillis] 15/8/2006 15:50

Great. Buy at 30 sell at 40 if it keeps yo-yo-ing

[giant steps] 15/8/2006 15:40

I think the problem (if confirmed) will have an adverse effect on OXS.
as confidence/sentiment overrides value, unfortunately.

[phillis] 15/8/2006 15:35

Somebody once said MKD was worthless without a licence

[giant steps] 15/8/2006 15:30

Phillis - you'll be looking to add at 5p then ? !

Uzbekistan is a tricky place to invest right now.
News will reflect on Oxus as well.

Jerooy, EUG and now Khandiza.

MKD prices bid 8.5p offer 9.5p, volume @ 15:30 159K / 18 trades

[phillis] 15/8/2006 15:21

Can't understand why there is not a greater rush to the exit

[giant steps] 15/8/2006 15:17

MKD Prices bid 9p offer 10p, volume @ 15:15 134K / 5 trades

[cezary] 15/8/2006 14:13

No Khandiza, so now where with MKD?
Theres always the Turkish Licenses, I suppose.

[giant steps] 14/8/2006 10:20

Prices bid 11p offer 12.5p, volume @ 10:15 NIL

Buyers can enter at 11.6p



OXS share price has made a good recovery to 39-40.5p,
may influence MKD share price on a 3 for 1 basis

[giant steps] 11/8/2006 17:08

Closing prices MKD 11-12.5p, OXS 35.25-36.5p

[giant steps] 11/8/2006 13:37

MKD 11-12.5p
OXS 33-34.5p

Rising OXS share price in coming days should provide some MKD support

[giant steps] 09/8/2006 19:53

I prefer my 100%, although i will be adding to my Oxus position!

[phillis] 09/8/2006 16:44

Buy oxs at30p GS and you get 85% of MKD for nothing!

[giant steps] 09/8/2006 11:53

Actually, with OXS share price on its knees now would be a good time to resolve
MKD issue.

Cash offer for remaining shares, say 20p.
Old conversion 3.0 for 1 (=60p Oxus)
New conversion 1.5 for 1 (=30p Oxus)

All those that converted to get retro top-up (nice earner for some)

How does that sound ?

(cash offer 30p, 1 for 1 ; even better for all parties !)

[giant steps] 09/8/2006 10:58

Cezary ~ Jerooy issue is a mess and OXS share price more than reflects it. Time for
them to concentrate on other matters. Yes, i agree with your earlier comments,
they should have simply pushed on with EUG as this fiasco added to share price decline.

Watching, waiting and acquiring as appropriate in both MKD and OXS.

[cezary] 09/8/2006 10:36

GS,
A technically robust project.

Jerooy a technically flaky project.

Hindsight is a great thing, but I am sure Oxus knew the difference before all its present problems.

[giant steps] 09/8/2006 10:29

For those that need a reminder (from June 2006 uztrade.com)

Extract

"
Oxus increases holding in Marakand to 85.78%


Oxus Gold plc has acquired an additional 2,906,407 ordinary shares of Marakand Minerals Limited, mainly from individual shareholders. The company said following the acquisition, Oxus has increased its shareholding from 83,753,577 to 86,659,984 ordinary shares representing an increase from 82.91% to 85.78% of the ordinary issued share capital of Marakand. As consideration for the purchase of the shares, application has been made to the London Stock Exchange for 968,800 new Oxus shares to be admitted to the AIM Market. Dealings are expected to commence in the new ordinary shares at 17 May 2006. The new ordinary shares will rank pari passu with the existing shares of the company. Following the allotment the total issued share capital of the Company will be 298,107,972 ordinary shares. The Oxus group was established in 1996 and listed on the Alternative Investment Market (AIM) in London in 2001. Oxus' Amantaytau gold mine in Uzbekistan was built in a record ten months. Having poured first gold in December 2003, the oxides operation is currently ramping up to full production of 190,000 oz/pa at a cash cost of US$106/oz. The company has also started a feasibility study for the Amantaytau sulphide mining project which has a current resource of 7.15Mt at an average grade of 11.7g/t. A drilling programme is planned with the objective of greatly increasing the resources over the year. Marakand is developing the Khandiza deposit, a volcanogenic massive sulphide deposit that contains zinc, lead and copper sulphides and associated sliver and gold. Khandiza is located in southeast Uzbekistan in the Surkhandarya region. The deposit was identified in 1957 and was well explored during the Soviet era. By the end of 1974, 77,000 meters of core drilling and 19,000 meters of underground exploration development had been completed, together with a considerable amount of metallurgical testwork on bulk samples, enabling a Soviet Feasibility Study to be prepared. The project was evaluated by Oxus Resources Corporation from 1996 until the formation of Marakand in November 2003. A confirmation drilling programme (30 holes totaling 3,776 meters) was completed by Oxus in 2001. Marakand completed its feasibility study in September 2004, which confirmed the project is financially and technically robust.
"

[giant steps] 09/8/2006 09:34

Fragile support continues with OXS 31-32p

MKD 12.5p - 14p, volume @ 09:30 NIL

[giant steps] 06/8/2006 23:35

Minesite extract 7th August 2006

"
Marakand Minerals (AIM: MKD) shares climbed 19 per cent to 12.5p thanks to news that the company has signed up two new copper-gold exploration projects in Turkey. Some exploration has been carried out by previous holders, and Marakand intends to follow up on this. Marakand shares fell significantly last week after the company announced that it is 85 per cent held by Oxus Gold, which is now regarded with caution by many, but the new projects seem to have won Marakand some new interest.

However, it was another bad week for Oxus Gold (AIM: OXS) shares, which fell 19 per cent to 37.5p as news broke of problems for Newmont in Uzbekistan, where Oxus has all its operations now that the Jerooy licence in Kyrgyzstan is gone for good. Newmont is embroiled in a tax dispute with the Uzbek government and is no longer able to export gold, and the market is concerned that something similar could happen to Oxus, which lost Jerooy after a dispute with the Kyrgyz government and recently backed out of a deal to acquire the assets of Eurogold.
"

[cezary] 04/8/2006 14:46

Koreans have got it right...COOPERATION!!

[giant steps] 03/8/2006 16:42

Closing screen prices bid 12.5p offer 14p, volume 345K / 11 trades

Yes cezary, impatience getting the better of some (see 50K @ 11.5p)
More than content to hold and add.

Keeping a close eye on OXS, as we all are no doubt !

[slapdash] 03/8/2006 16:34

no offence... but you are all a bunch of morons for holding on here...

It is obvious that management has overpromised and underdelivered to put it in a nice way... the actual most probable scenario is that they have actually know that Khandiza won't happen and are scrambling around for straws...

of course they won't come clean...

Why hold on to dog stocks when there are stocks with good managements out there... because it means admitting you are wrong...

Remember the stages of loss are

(1) denial, (2) bargaining, (3) anger, (4) despair, (5) acceptance. ...

It seems to me that most people here are still in stage one... it is only when the company goes bust that stage (5) occurs and then management gets blamed as the investor can never blame him/herslef...