Sovereign Share Discussion Threads

[mr roper] 03/10/2016 08:18

news cannot be far away..

"Following careful investigations, and having taken considerable specialist professional advice, the Board has reached detailed positions and is in advanced discussions with potential parties on both our Guinean interests, currently carried in the books at nil value, and on a potential new acquisition in the mining industry. I hope to provide updates shortly. "

[mr roper] 03/10/2016 08:17

indeed, SS. next news should be the gamechanger, either disposal of current licenses or RTO. Or both!

[soulsauce] 03/10/2016 08:12

Mr Roper it moves very quickly so can't be many shares in free float. Herd not arrived yet either so all looking good.

[mr roper] 03/10/2016 08:08

off to the races, eh! fingers crossed. A lot of potential this one.

[soulsauce] 03/10/2016 08:07

Early tick up, lets hope we can get to 1p by news.

[cliley454] 03/10/2016 02:22

Chart says back above 1p short term then who knows?
Off topic take a look at ENGI. I posted some info on the BB.

[soulsauce] 02/10/2016 11:28

Westmoreland glad you are doing well.

Skidaddle glad it's working for you too. Sorry AAU hasnt yet lived up to its potential but it will just very frustrating.

effiert agree.

[effiert] 02/10/2016 10:17

Agree SS. with momentum this could go anywhere on RTO

[skidaddle] 02/10/2016 10:07

I bought 500,000 at an average of .45p on your good say so soul.

Also now have 600,000 AAU.and awaiting developments.

Looking good!

[soulsauce] 02/10/2016 09:45

effiert take a good luck over recent RNSs see the calibre of mgt here and think what is possible. The last RNS was about as bullish as you could get without upsetting the NOMAD.
See the calibre of the NED Jeremy and that he is taking warrants instead of payment.
I am very excited about what the mgt have planned here, shame no-one took notice of me on the Top Traders thread when this was 0.3p.

Still plenty of upside though 1.2p looks very possible.

[effiert] 02/10/2016 09:26

Very nice looking chart here guys and very interesting RNS recently. Will look for a postition next week.

Master Investor ‏@masterinvestor 21h21 hours ago
Sovereign Mines of Africa (SMA): Bull flag points towards 1.2p hxxp://ow.ly/nOMA100liCD

[westmoreland lad] 30/9/2016 16:45

Blimey Soul, 50% up since my purchase a few days ago. Should have bought more !

Good W/end all.

[soulsauce] 30/9/2016 16:29

Nice one barney you know it makes sense.

[barneygumble27] 30/9/2016 16:28

By the way the first three trades this morning at 56.6 was a me buying not a sell as shown

[soulsauce] 30/9/2016 16:15

Go on my beauty FLY!!

[soulsauce] 30/9/2016 10:13

Agree squiresquire. Take care.

[squiresquire] 30/9/2016 10:05

Hi SS.

looking good for us once again, charts too. I really think they are going to have some news for us soon. These things take time but with the type of entrepreneurial management they now have i suspect that we are in for a real treat when they do RNS.....back to the harbour for me, catch you later.

[soulsauce] 30/9/2016 09:26

Go on then you beauty. Would be nice to see this above 0.75p before the news and that looks very possible IMO.

Still so far off the radar but hopefully that will change when punters research this and the mgt.

[soulsauce] 30/9/2016 09:10

Starting to build steadily again, chart looking good after the small consolidation.

[soulsauce] 29/9/2016 19:20

Nicely squiresquire enjoy and may this be above 1p on your return ;-)

[squiresquire] 29/9/2016 17:21

Currently enjoying the very nice La Rochelle so dont want to spend too much time on the email. But fot the record SMA had taken samples from 10 percent of one line and came out with an estimate of 610,000 oz. This implied a very decent potential resource. Then things took a nasty turn with Ebola, but an incredibly fast recovery took place when the developed countries realised the imminent danger to them, and Ebola was all but knocked out.

No idea what Clarke and Fraser have planned, but i notice they are emphasising the current asset 'nil value'. Well l think they are both very smart, historically the asset area has been locally renowned for generations as a gold area...so i think they are up to something quite good here, and according to their last news, they will soon share it with us.

The deal with Jeremy a la ex financial wizard.,to handle the financing of this reversal seems to show a very strong commitment to SMA becoming far higher than its current paltry market cap. Each to their own thoughts....these are mine. Now ita back down to the harbour and those awful french restaurants. Good luck all.

[soulsauce] 29/9/2016 13:21

Ticking up on just small buys. Awaiting the next bit of news in the transformation of Sovereign.

[charles clore] 28/9/2016 16:23

Soul - indeed! It must also be said that this weeks' laggardly PM price action hasn't helped either!

[soulsauce] 28/9/2016 15:45

Yes indeed CC, glad you read that news like I did yesterday.
I think the mgt' put as much in that statement as could be allowed by the NOMAD to say the company will soon turnaround from the unfortunate past stymied by the ebola outbreak and back on an upward trajectory having taken on lots of due diligence with very savvy people.

That was my reading anyway.