Mercer Resources Share Discussion Threads

[the stigologist] 02/8/2014 22:44

The big warning sign here is the presence of pump and dumper Fairdeal2008 on the shareholder list. He is the one who was ramping ECR saying it would go to 11p and it's closer to 0.11p a reverse 100 bagger and he is actually on the Board of that p.o.s

Not to mention the record of his shill ramping outfit Minging Maven Muppets

[swizz] 02/8/2014 22:06

Yes a further 6 months to take us to the 18 month time line and if no deal back to the shareholders to vote on the continuation of the investment policy....GL S

"Where an investing company has not substantially implemented its investing policy within eighteen months of admission, it should seek the consent of its shareholders for its investing policy at its next annual general meeting and on an annual basis thereafter, until such time that its investing policy has been substantially implemented."

Link....

[t 34] 02/8/2014 19:10

there is time limit of 6 months for a deal ??????

[swizz] 02/8/2014 15:39

Gut feel again, I think we will see further shares placed to accommodate a larger deal, they would appear to have a number of willing backers, so with the right deal, I don't see a fund raise being to much of a problem, cash wise and based on December 2013 year end and recent funds raised, they should still have circa £150k approx cash in hand, with circa £145k invested in Zoltav and one other investment......all IMHO....GL S

[t 34] 02/8/2014 15:08

I thought that this investment in Zol shares is enough, so now they can apply for re-listing.They do not have much cash for a deal to conclude unless they will buy something with new shares.

[swizz] 02/8/2014 13:37

T34, until a deal is done that enables them to have substantially implemented their investment policy, my gut feel is that we will see something before year end.......GL S

[t 34] 02/8/2014 08:02

How long the share will be suspended for ?????

[r g fletcher] 31/7/2014 16:12

ANYTHING that is remotely connected to Stanhill is something to avoid AT ALL COST!!
They delight in FISTING pi's !!
If your sharp and fast enough you can play them at their own game (knowledge is everything) but you have to be quick and as brutal as they are .
Get in get out NEVER HANG ABOUT where they are concerned.
In my opinion of course :)
Aint that right m4 :)

[kiwimonk] 31/7/2014 16:03

Just to let everyone know, I am not having a dig, or a laugh, just my own thoughts on the little saga. I backed TGL, purely because of its Remit. If MCR had had a different one i might have backed MCR.
Don't loose faith.

OK MCR is now suspended. GAME ON! I view this as bullish for TGL, it means there is no contest between the companies because of the CLEARLY STATED Investment Policies.
MCR has the remit of investing in Natural Resources.

TGL has the remit of investing in Technology.

TGL has $1m in cash and a £2m mk cap.

If we're right, then TGL will get it's prize.

Nil Brainer

[errollc] 31/7/2014 15:59

Can anyone shed any light on WTF's happening here?

[bam bam rubble] 31/7/2014 12:35

This small investment in a fellow AIM co and Mentum's RTO based on another listed
company's assets show the Stanhill mob are desperately low on ideas at the moment.

[r g fletcher] 31/7/2014 12:30

You mean ALL of the cash!! ?

They could have invested in ZOL before suspension but hey a nice 6 month holiday for them would be cool eh ?

Then the raise more funds and invest in some other nonsense and the game goes on for another few years.
Will they let you visit your money at weekends Swizz ? cause that's all your gonna get out of this by the looks of it.You can look but no touching.
Also the way the world is going right now with Russia I wouldn't invest a penny in Zol and neither would I invest in any African based investments esp resource stocks as the entire continent could go into quarantine!!

On a brighter note , my toast is ready so catch you later.
GL.

[swizz] 31/7/2014 11:58

There is a lot of history in the background, so an interesting twist in the story of Mercer, at least we know were some of the cash is ;-) ......GL S

[moreforus] 31/7/2014 11:54

not enough to come out of suspenders

[swizz] 31/7/2014 11:49

Well I never!....the header will be updated to reflect the new investment ;-) .....GL S

[moreforus] 31/7/2014 11:38

good spot SW

[moreforus] 31/7/2014 11:29

LMFAO!!!!!!!!!!!!!!!!!

RNS Number : 8740N

Mercer Resources PLC

31 July 2014

Mercer Resources plc RNS

31 July 2014

Mercer Resources plc (AIM: MCR)

("Mercer" or the "Company")

Substantial Transaction

Mercer, the investing company that is seeking to invest in opportunities within the natural resources, energy and precious metals sectors, is pleased to provide an update to shareholders.

Mercer has acquired 90,950 Ordinary Shares of $US0.2 in Zoltav Resources Inc ("Zoltav"), for a total consideration of GBP110,000 that will be met from the Company's existing cash resources and constitutes a Substantial Transaction under the AIM Rules.

Zoltav is an oil and gas exploration and production company focused on acquiring assets in the CIS, particularly in the Russian Federation. Zoltav's shares are traded on AIM and further details on Zoltav may be found on their website www.zoltav.com. As at 15 July 2014 Zoltav had in issue 141,805,386 Ordinary Shares of $US0.2.

Shareholders are further advised that the Board remains optimistic that Mercer will be in a position to make a further investment, or investments, in due course, in line with its investing policy, constituting a reverse takeover subject to shareholder approval.

The Board will continue to keep shareholders updated as appropriate.

Further Enquiries:

Mercer Resources plc

Trevor Wells

[swizz] 31/7/2014 09:00

HF, I have copied the post and a number of others and I have also notified the relevant parties.......GL S

[bam bam rubble] 31/7/2014 08:44

Involved with a dodgy broker (former MD) but not held responsible it would seem.

[swizz] 31/7/2014 08:25

BBR, Are you inferring that TW was involved?

[swizz] 31/7/2014 07:10

Notice of suspension.....GL S

[moreforus] 31/7/2014 07:09

Suspended .. No top up time...