Sula Iron Share Discussion Threads

[oilbuy] 02/6/2016 08:51

Yep Possible breakout on volume today

[dicko80] 01/6/2016 08:34

Good for you

Now go and do something productive with your life :-)

[dicko80] 01/6/2016 08:21

Stale bulls and impatient investors

IMO now is the time to accumulate

[godolphin] 01/6/2016 08:13

One wonders what would happen if we had a bad rns! Probably go up!

[dicko80] 01/6/2016 07:46

l would say that is the best RNS we have had for some Time

So much to take from this

Confirming my belief that the initial scout drilling was merely to confirm SULAs interpretation of the geology was correct and the more prospective targets are to come

Strike lengths of new targets could revise the resource estimate significantly upwards

2 targets with potential strike length alone of 10km+ (Remember strike length previously stated was 10km for total resource with figures quoted @ 3m -7million oz gold)

Multiple targets identified with IPsurvey still ongoing

looks like JV is more or less signed

She looks a monster

[oilbuy] 01/6/2016 07:45

The anomalies extend further from the exploration licence.Grab samples upto 69.2g/tThe resource has the potential to excess .8/1.5Moz

[dicko80] 01/6/2016 07:28

What a belter on so many levels

[oilbuy] 01/6/2016 07:09

1 June 2016Sula Iron & Gold plc("Sula" or the "Company")Ferensola Gold Project - Initial IP Survey ResultsSula (AIM: SULA), a multi-commodity exploration company focused on Sierra Leone, is pleased to announce the initial results from the Induced Polarisation ("IP") survey that is currently being completed over a portion of the Company's 100% owned, flagship, Ferensola Gold Project. In summary, the ongoing IP survey being completed highlights the larger scale gold prospectivity in the group's Ferensola licence area, outside of the current Exploration Target, with results received to date verifying the mineralisation potential within areas previously sampled by Sula and which are further supported by the regional magnetic anomaly data previously used to define the mineralised fold belt. The IP survey will provide invaluable information to assist in the next phase of exploration, being a planned large scale drill programme in conjunction with an extension of the IP survey across the wider licence area.Highlights: -- Ongoing IP survey highlights the larger scale potential of the Ferensola Gold Project outside of the Company's currently defined Exploration Target. -- IP signature over the Sanama Hill drill site confirmed with recorded IP chargeability values of between 20 and 30 millivolts per volt ("mV/V"). -- The Sanama Hill IP signature corresponds with the known sulphide mineralisation from the Company's November 2015 drilling campaign. -- Multiple additional targets are now being identified with IP chargeability values of up to 3 times the values recorded over Sanama Hill. -- An "Eastern Target", corresponding with the regional magnetic anomaly data and regional samples collected by Sula, shows IP chargeability values to date of up to 100 mV/V with a potential strike length in excess of 4km. -- The IP survey is being extended to incorporate the potential northeast extension of the "Eastern Target". -- A review of all existing geophysical data highlights multiple additional targets to be tested by future IP surveys. This includes a magnetic anomaly supported by regional sampling that displays a strike length of approximately 6km and is currently termed the "Western Target". Sula completed a maiden drilling campaign in November 2015 (as announced previously on 30 November 2015), which targeted historic high grade intersections on the Sanama Hill prospect within the 153km(2) Ferensola licence. Sula's drilling campaign, which totalled 10 drillholes for 1,556 metres of diamond core, resulted in multiple strands of sub parallel mineralisation that averaged 4.21 grammes per tonne ("g/t") gold ("Au") over a strike length of 480 metres. Eight out of ten drillholes intersected mineralisation which, along with regional sample results, is believed to be related to a 10km long fold belt identified through the interpretation of the regional ground magnetic survey.Gold mineralisation is predominantly hosted by shear zone related brecciated quartz-pyrite that has resulted in magnetite alteration of the host rock and which provides the source of the regional magnetic anomaly. The IP survey was commissioned to test the chargeability of the sulphide mineralisation over the Sanama Hill prospect, with a total of 80 line kilometres planned over select regions of the licence, enabling a comparison of results to the known area of mineralisation. To date, SEMS Exploration Services Limited ("SEMS") has completed approximately 40 line kilometres of the planned 80 line kilometres, with the results corroborating the potential for a significant mineralised system within the licence, well beyond the limits of the Sanama Hill prospect and the previously defined SRK Consulting (UK) Ltd ("SRK") independent JORC compliant Exploration Target (the "Exploration Target"). The Exploration Target centres on Sanama Hill, with a tonnage range of between 5 and 7 million tonnes ("Mt"), grading at between 4 and 8 g/t Au, which equates to between 0.8 and 1.5 million ounces ("Moz") Au. The Exploration Target was restricted to a 2km strike length segment of the regional fold belt

[1ravls] 27/5/2016 15:47

Plaaaaaacing tba soon

[fenseal3] 27/5/2016 14:50

PMSL!!!!!!!!!!!!!!!!!!!!!!!!!

[fenseal3] 27/5/2016 14:21

Don't get sucked in...false rise next stop 0.12p....0.15p

[escapetohome] 27/5/2016 14:19

Fenseal you buying back?

[escapetohome] 27/5/2016 14:18

Clever yes.
Little. No. I quite large actually.

[oilbuy] 27/5/2016 14:15

Volume.Shock !!!!

[the crypt] 27/5/2016 13:40

escapetophome - aren't you a clever little boy? COR. £1,000 WOW!!! HEH HEH. nO BIG MONEY, EH? lol

You're a funny guy.

[escapetohome] 26/5/2016 12:31

As well as stop loss , another strategy is just to take a very small stake at the supposed great price.

Tahts my approach here, just ivested a thousand pounds or so, so unconcerned, if it come good --- great, but i can just sit it out as well, as no big money involved on my part.

[fenseal3] 26/5/2016 10:34

Well.....bought in again thinking what a good price i had got and low and behold my stop loss has been triggered so now i am out again, looks like i got this wrong, it just keeps falling, out with a small loss but the way things are going it could be worse, i thought they had turned a corner and we would get positive news buy seems this company is incapable of good news GLA!!!

[the crypt] 19/5/2016 11:40

yippee i need a jar of pickled eggs to be swollowed down with a pint of the best home brewed ale for AMERSHAM.

[oilbuy] 18/5/2016 20:04

A leopard never changes his spots.

[escapetohome] 18/5/2016 19:54

When a broker says sell - you can be sure someone wants your shares

BROKERmandaniel

[oilbuy] 18/5/2016 16:20

Dan has inside information. All information from any public listed company must be issued via RNS. Is it an inside job lol

[escapetohome] 18/5/2016 15:49

Someone wants your shares -- are these folk ever right?

[oilbuy] 18/5/2016 15:19

This must be AIM then !!!!!!!!!!