African Min&Ex Share Discussion Threads

[broncowarrior] 27/3/2013 12:24

I'd like to add some more, have taken a complete bath on BZM today though, gutted.

[sparty1] 27/3/2013 08:54

bronco,I`m convinced the mm`s could not cope with it.Too few shares,too many peoplke sitting with high averages who will not sell. I doubt PRAE would sell or directors so ...a real squeeze would take place.Very much like noventa,which went up 300% in a day / day and a half. Noventa of course is high risk basket case! One of the largest investors there JG over on lse board ..Now has A million of these..I wish I could afford to buy that many.We really should be double figures imo.The situation is much brighter than it was when that figure was last touched.

[broncowarrior] 26/3/2013 17:04

A few positive trades again today but still not enough volume to do anthing meaningful. Imagine what 50 trades in a day would do.

[sparty1] 26/3/2013 09:59

where..
Randgold ceo has encouraged new exploration,and critisized companies concentrating on developing existing mines.Good to see he practises what he preaches..

[whereareallthemugpuntersyachts] 25/3/2013 22:03

Birimian 'deal' with Randgold. Should increase interest.

[broncowarrior] 25/3/2013 11:55

Loads of opportunity, almost too much for a company of this size. I think they should JORC an area, flog it off or farm-in and take a 25% carry and then move on to the next one.

[sparty1] 25/3/2013 11:36

brudy good read....

[sparty1] 25/3/2013 11:20

Bronco

presentation available !!

[sparty1] 25/3/2013 11:13

yes encouraging ,I am dying to see the effect of high volume on this stock .With so few (effectively) shares in issue it must lead to multiple auctions and wholesale panic fromm mm`s :)

[broncowarrior] 25/3/2013 10:06

Little bit of volume today, has gone over its daily avg already.

[broncowarrior] 21/3/2013 09:20

Hopefully Mining Mavern will put a summary on their website in the next few days.

[sparty1] 21/3/2013 08:45

Cabman said there were a lot of questions at the presentation (robust ones)To which the ceo said that the big boy neighbours ie randgold dont have a problem .There was never an issue re security as far as I`m concerned .Its a shame there wernt more questions re expectations re jorc ,timing etc.. I have yet to see any sort of a complete report by anyone who went to that presentation..Just wish I could have gone.

[broncowarrior] 20/3/2013 12:11

Bought a few more today, building a small stake that should hopefully be worth a decent wedge by the end of this year.

[sparty1] 20/3/2013 11:51

user ..Ta!

[sparty1] 20/3/2013 11:23

Bronco
Agreed ,apparently the boss was suprised the share price has not increased ..So am I !
Baffled...The whole region is so prospective..

[scientologyweirdo] 20/3/2013 10:57

yes ASX listed ticker BGS +108% last night

[sparty1] 20/3/2013 10:48

user, ta for links ..there is a brief few words on iii re last night..
re 100% overnight is that birimiam? Cant find any reference to the mali find.Are they aussie based ?

[broncowarrior] 20/3/2013 09:53

Did anyone go to the presentation and get the chance to speak to Mr Jones?

I've got a really good feeling about this one. I think the JORC alongside comments about it being open pitable could see this triple or better in short order.

Lots of gold miners struggle with costs; it looks like we have something that could have significant profit margin. If that is the case bigger companies will be biting AME's hand off to buy this resource IMO.

[scientologyweirdo] 20/3/2013 08:11

sparty1

I agree there is potential here. Look at Papillon Resources Fekola project maybe as an analogue. In particular look at slide 9 from this old presentation.

AME look to have just scratched the surface so far.



I just came across this this morning because another Mali gold explorer Birmian (BGS ?) is up 100% overnight in Australia after good drill results.

[drewz] 20/3/2013 00:38

Plenty of potential to create significant shareholder value.

[sparty1] 19/3/2013 20:59

user ,allow me to try ..Its a great company ,well run ,great board and fantastic prospects.. could be my best buy since RKH @ 10p .... :)
I have the contract sheets to prove it ...

[sparty1] 19/3/2013 20:58

At least I can spell november... lol..

[sparty1] 19/3/2013 20:56

yeh yeh ,someone else through me!...so report you journo`s...!

[broncowarrior] 19/3/2013 12:55

It's tonight Sparty. Hoping for some new news..