Marlowe Share Discussion Threads

[victorfromportugal] 15/2/2006 11:56

yes dilution not as bad and 5M GBP in the kitty

thanks to the TSX.V


!!!


preserving minority shareholders rights!

[adparker] 13/2/2006 23:17

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES/

TORONTO, Feb. 13 /CNW/ - Medoro Resources Ltd. (TSX-V/AIM: MRL) announced
today that the TSX Venture Exchange (TSXV) has provided its conditional
listing approval for the previously announced offering of 100 million common
shares at $0.10 per share for gross proceeds of $10 million. Medoro and GMP
Securities L.P. have agreed not to issue any additional shares pursuant to the
previously announced option as the TSXV required that the Medoro common shares
to be issued pursuant to the previously announced option be priced at an
amount higher than the $0.10 per share offering price.
The offering will be completed with GMP acting as agent on a
"best-efforts" private placement basis and subject to the parties executing a
formal agency agreement. The company has also applied to have the shares
admitted to trading on the Alternative Investment Market (AIM) of the London
Stock Exchange plc.
The financing is subject to final regulatory approval and is expected to
close on or before February 28, 2006. All shares issued will be subject to a
four-month hold period.
The funds will be used for general corporate and working capital
purposes, which may include costs associated with identifying potential
acquisitions.

Medoro Resources is a gold exploration and development company focused on
gold opportunities in Italy and elsewhere. In addition to its financial
assets, the company has a 30% interest in the Monte Ollasteddu gold prospect
in Italy. For further information, please visit the company's website at
www.medororesources.com.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

The securities being offered have not been, nor will they be, registered
under the United States Securities Act of 1933, as amended, and may not be
offered or sold within the United States or to, or for the account or benefit
of, U.S. persons absent U.S. registration or an applicable exemption from U.S.
registration requirements. This release does not constitute an offer for sale
of securities in the United States.

[victorfromportugal] 10/2/2006 17:12

yes, still I do not understand how this could be justified!

[adparker] 10/2/2006 16:09

Hey Victor, London and Toronto now trading in line! remember what happened last time this happened a couple of weeks ago?? well, it was the bottom and Canadian quote rallied from 17c up to 30c! Fingers crossed for a repeat!

[victorfromportugal] 09/2/2006 12:42

Spread reduced! will be trading in Toronto soon with TDWaterhouse

see ya

[argy2] 08/2/2006 21:56

Unchanged at the close?

[victorfromportugal] 08/2/2006 19:01

price crashing down in canada! SO BORING! pfff good evening all

[victorfromportugal] 08/2/2006 11:03

MEDORO: "could" hold a massive 500 million USD deposit in gold as the stimate is 1.000.000 ounces at Monte O. which is pending Italian regulatory approval.

Also it is issuing 140M new shares , thats 100% percent of current shares at 10 ccent per CAD or 5p per share which would create a shell comapany with 20M CAD capital (no debt) the licence MONTE O. pending

and of course any new project...

they may go into other sectors than gold

end of feb is the quarterly results reports and more should be known.

[victorfromportugal] 07/2/2006 22:49

close 22cent! rubbish!

[adparker] 07/2/2006 17:57

yep, very low volume on the down tick compared to what we've seen recently, wouldnt be surprised to see a rally up to 25c+ by the close as buying resumes

[victorfromportugal] 07/2/2006 16:44

not much happening in toronto! 0.23-25 CAD

[adparker] 06/2/2006 15:41

classic action in London, weak holders sell at silly price in the morning eg 9.25 and then price rallies in afternoon when Canada opens. Picked up some cheap stock at 10.125 for a quick day trade :)

[jimlad] 05/2/2006 21:25

Could it mean that they have found the original raising was so easy that they have decided to go for more.
Jim

[jr ewing] 05/2/2006 12:39

So what happens monday?

[victorfromportugal] 05/2/2006 12:34

NEWS >>>> AMENDMENT NUMBE TWO OF PRIVATE PLACEMENT!!!!


Source CANADA NEWSWIRE
Date 02/03/2006
Time 02:26:13 PM
Company Medoro Resources Ltd.
Title Medoro Resources Amends Terms of Offering





DMIS Processed No CDNX Symbol: MRL
Exchange: N/A Symbol: MRL.
Exchange: Symbol:
Exchange: Symbol:








Press Release




" BC-Medoro-amends-offerng 02-03 0358
News release via Canada NewsWire, Toronto 416-863-9350 -MC-

Attention Business Editors:
^Medoro Resources Amends Terms of Offering@

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES/

TORONTO, Feb. 3 /CNW/ - Medoro Resources Ltd. (TSX-V/AIM: MRL) announced
today that it has amended its agreement with GMP Securities L.P. in connection
with the previously announced offering of common shares to increase the size
of the offering. The offering will be completed on a "best-efforts" private
placement basis, and subject to the parties executing a formal agency
agreement, for up to $10 million through the sale of 100,000,000 common shares
at $0.10 per share. GMP shall have the option to sell an additional 60,000,000
common shares at $0.10 per share for additional proceeds of $6 million. The
financing is subject to regulatory approval and is expected to close on or
before February 16, 2006. All shares issued will be subject to a four-month
hold period.
The funds will be used for general corporate and working capital
purposes, which may include costs associated with identifying potential
acquisitions.
The Company intends to apply to have the common shares listed on the TSX
Venture Exchange and admitted to trading on the Alternative Investment Market
(AIM) of the London Stock Exchange plc.

Medoro Resources is a gold exploration and development company focused on
gold opportunities in Italy and elsewhere in Europe. In addition to its
financial assets, the company has a 30% interest in the Monte Ollasteddu gold
prospect in Italy.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

[victorfromportugal] 03/2/2006 21:23

sorry but the spread will narrow when? when it falls in toronto?

I will officially complain about this and they , the company, broker, lse and fsa will have to correct and pay compensation if found at fault.

[adparker] 03/2/2006 16:59

Victor, you'll be wasting your time, seriously. The spread will narrow at some point, it always does, depending on supply and demand! On Wednesday for example, there was a big buyer in London and the share price held at 8 - 8.5, whereas the stock in Toronto was weak and hit 17 which is near enough parity! Just be patient and take advantage of the big discount by trading it rather than moaning, its far more profitable that way! ;)

[victorfromportugal] 03/2/2006 16:30

nope it was 3-3.5 versus 6-7cent


anyway as tehre is no garanty that the difference will close

as we cannot arbitrage ourselves (short in toronto , buy here)

there is illegal practise, they will hear from me...

[adparker] 03/2/2006 16:22

would i be right in thinking Victor that when you originally bought in London that it was trading at a discount to Toronto???

[robbi123] 03/2/2006 16:19

U FREAK VICKY! BUY IF UR SO SURE!!

[adparker] 03/2/2006 16:16

so take advantage and buy some then!!!

[victorfromportugal] 03/2/2006 16:12

yes but this sort of arbitrage is stealing, there is NO REASON TO APPLY A DISCOUNT OF 20% and yes I will fully complain to


1- my broker
2- the LSE
3- the SFA


it is not correct

5% for exchange rate ok

but 25% NO!

[adparker] 03/2/2006 16:00

i wouldnt bother Victor, it happens all the time, what do you think arbitrageurs do for a living??!!

[victorfromportugal] 03/2/2006 15:53

I will complain to the FSA becausse this is not normal