Amara Share Discussion Threads

[pixi] 06/1/2016 12:01

60 day gold is very strong at $1085 oz.

[pixi] 05/1/2016 13:47

rossannan, Hum is quiet, but will get louder when the herd finds it! You may also like to have a look at PAF which is a much bigger dividend-paying producer, or HGM.

[pixi] 04/1/2016 22:59

rossannam, have a look at HUM:

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[amargosa] 30/12/2015 16:37

AMA is funded to beginning of Q3 2016, assuming they haven't initiated more cost saving measures (if they aren't doing so they should be shot). Have they, for example, accepted they are no longer a producer and transitioned to an explorer? Have they got rid of all personnel only associated with production?

They have $10m lined up (still?) at a placing price tbd, so could use that to get to the BFS stage for Yaoure (now delayed because of revision work to the FS); or they will need to do some deal with another company (sell up or JV) before the end of H1.

I would imagine the last time anyone in the company even mentioned the word Samsung they would have been discussing their next phone upgrade not a JV with the multi-billion pound conglomerate.

[onedayrodders] 21/12/2015 15:51

crikey .,. that 8p bid lasted all of a nano second

[pixi] 21/12/2015 12:00

I cannot see gold staying at these low level throughout 2016. When the major markets go into meltdown, peeps will start running for cover into gold/silver. I don't know when it's going to happen, no one does, but I know it will happen and it's best to be prepared.

[amargosa] 21/12/2015 11:51

RRS ditches AngloGold Ashanti's Obuasi mine in Ghana; now looking for another venture to buy at the right price. If it doesn't buy Yaoure now, then it's probably not as compelling as the CEO thinks.

[onedayrodders] 21/12/2015 11:09

Just needs Gold to firm modestly to get this going ...

[pixi] 18/12/2015 17:35

Very interesting presentation, thanks.

[rogsim] 18/12/2015 16:55

The presentation is on the Amara website:

Note slide 3

[amargosa] 18/12/2015 14:10

Also not a member, so I've only read the presentation for that talk by the CEO, but pretty much the same message: a great time to buy a good gold share like this one, bottom of the cycle, etc.

[pixi] 18/12/2015 13:32

amargosa, no - you need to be a member to watch it. What do they say?

[amargosa] 17/12/2015 14:47

Anyone bothered to watch this?

hxxp://www.shareprophets.com/views/17165/video-john-mcgloin-chairman-amara-mining-presents-at-gold-bears-november-28-2015

[pixi] 16/12/2015 16:02

It looks like the bottom is in for gold and silver?

[pixi] 09/12/2015 18:33

Looking good.

[frost1] 07/12/2015 01:30

Amara looking cheap.

[pixi] 01/12/2015 12:21

JP Morgan has 5%.

edje, I said on the Fres site that I thought gold would bottom at 1050.

[edjge2] 30/11/2015 21:27

Pixi we meet again. I'm beginning to think Au might have a bounce on.

[amargosa] 30/11/2015 16:51

31 million shares bought and the price goes down? You are in good company Pixi.

Or have JPM reduced slightly from 7.7% to 7.36%? Not clear from the RNS, but a reduction would make more sense.

[pixi] 27/11/2015 12:05

Bought 100,000 at 8p this morning.

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