Amara Share Discussion Threads

[corrientes] 15/4/2014 16:08

pineapple1 up to his usual nonsense.

[pineapple1] 15/4/2014 16:02

Rich....i agree with you about the US.I hate to say it but the way the US govt conducts itself i tend to support Vlad.....lol
Never thought i'd be saying that
imho

[richgit] 15/4/2014 15:49

pineapple1

The largest potential Gold in the ground I have ever had the chance to buy into
at such bargain in over 20 years-bar the early days of CEY.

I have seen the top end of such reserves change hands at $1000 per oz in the ground,and whilst that may seem utterly outrageous as Gold is now fraudulently
held down by JP Morgan and the Fed to defend a vulnerable dollar,it wont seem
outrageous when Gold is priced at the levels equal to its non-existence.

The Ruble & Yuan now backed by Gold as the US War freaks ironically messing in the Ukraine speed up the developments of "None-Petrodollars"

The US destroyed Iraq & Libya to defend the $Petrodollar,and had their sights
on dishing out the same for Syria & Iran-yet now they shoot themselves in the feet that trampled over so many to protect the $petroDollar.

You could almost laugh at the stupidity of Obama and the War freaks undermining
all the frauds and manipulations the Fed has been doing since Clinton released
the War Freaks,and then the Man Born with a gun in His hand- Bush,by screwing
up the Ukraine and threatening a superpower like Russia.

It`s tragic-yet it means the East will just grab all the Gold the West has left until China controls the whole Gold Market.

[pineapple1] 15/4/2014 14:41

lol.....
You,ve been reading to much KWN news...

Holders here will be diluted into oblivion before a single ounce is mined at the to so called flagships.Next they'll be including gold vapour in the reserves.
imho

[richgit] 15/4/2014 10:42

nevik2

It may not seem like it at the moment-yet what they have in the ground
could lead to the current Market Cap + a factor of 10.

There is absolutely no chance that medium to longer term the Manipulators
will be able to use paper Gold to dictate to Physical Gold.

They have to have Gold to be able to even keep it going yet they simply cannot
have that Gold much longer.

Saudi Arabia now joins Germany in stating that the US & UK stole their Gold they
entrusted,whilst Germany states they have only received 5 Tonnes out of the 1500
tonnes the US stole from them.

If Fort Knox is truly virtually empty then the tonnages of Gold now owed are
far beyond ever being replaced other than by Default $Dollars.

What will be ludicrous will be watching the Western central Banks all claiming how much Gold they own when Gold eventually goes through $2000 oz,yet they know they have leased the bulk of that Gold to the crooked Bullion Banks that simply will never get it back.

There would be some disorderly fight for the only Gold around,which is declining
World production that China took virtually by itself last year.

Ruble & Yuan backed by Gold- $Dollar backed by debt.

[nevik2] 15/4/2014 09:52

2980 was a buy. I keep adding a bit here and there. With what they have in the ground even a committee of bankers could make an honest profit here.

[addison17] 15/4/2014 08:05

Dire set of results, well done AMA, was expecting a massive drop this morning, however with all that gold in the ground the Sp is still blue.
This has got to be my worst performer. Still holding for the jam tomorrow.

[amargosa] 10/4/2014 11:09

With a bit of luck this could get back to the 2004 IPO price within the next 5 years.

[parsons] 06/4/2014 11:26

I had a long chat with the chairman at the investment show yesterday. He is very confident about the future and says the small goldminers are finding it very difficult but they were well supported in the recent placing. The consensus believes that Gold will have its time within the next 5 years and most believed that the small well run AIM producers were the best way to play the future GOLD BULL MARKET. Aithough I have not taken up my rights this is one of the best small cap gold miners around IMHO.

[sharesoc] 01/4/2014 22:30

Shareholders and potential investors in Amara Mining will probably be interested in attending this event under the events tab at the Sharesoc website: www.sharesoc.org/seminarmay2014.html

[nevik2] 01/4/2014 08:58

I know one of those trades in the green column is a buy, I suspect the others are also.

[amargosa] 31/3/2014 18:05

Great reward for battered, long-term shareholders to be allowed to buy more shares at a higher price than the current market offer price. Funny, if it wasn't so tragic.

You would have hoped, knowing Yaoure was looking really good, that they would have delayed the last 2 placings for a reasonable period after the excellent recent announcement on the IC asset. The timing and execution of the placings is hapless at best.

[zedder] 31/3/2014 17:17

Been contacted by Barclays to see if I want my 1 for 9 at 17p. Think I'll pass!

[steffyloveshares] 31/3/2014 10:35

video interview
Amara Mining says PEA for Yaoure gold project exceeded expectations

John McGloin, executive chairman of Amara Mining (LON:AMA), runs through the high points of the preliminary economic assessment (PEA) of its Yaoure gold project in Côte d'Ivoire. He tells Proactive Investors the PEA was everything the company hoped for "and a little bit more". McGloin says the great thing about the project is that it makes economic sense even at low gold prices.

[edjge2] 27/3/2014 19:56

They are raising a few shares for some is a consolidation coming as 17 looks a bit expensive now

[richgit] 27/3/2014 11:18

m_n_tomlinson


I have genuinely never seen anything quite so potentially huge as Yaoure
unless we go back some time with CEY and then its following £2Billion Market Cap at one point.

At a time of buying the most hated sector,it has to be considered We are buying
at the most hated sector prices-so quite some upside if it becomes-not quite
the most hated sector.

In time it will be realised that the Dow is being held up with Manipulated Fraud and Gold held down with manipulated fraud.

If We take a choice now of the 2,then arguably if Gold was forced down 10%
again it would just rise back fairly fast and then higher due to the truth of
what is driving Physical Gold to the East.

If the DOW similarly fell 10% fast- it might not get back to its highs for 20 years.

They cannot continue forever to dictate to Physical Gold that is in demand,with
Paper Gold that has virtually no Gold attached.

Some will also discover they have bought into the wrong ETF headed up by those
that have stripped the Gold out.

Many that have already either been sued for selling Gold they didn't have,or
have defaulted in total,are of course amongst the ones still calling for lower Gold prices, as some Majors struggle to avoid their bust with costs at circa $1200oz.

How in a period of such huge demand for Physical can any miners be facing a bust !?

I would argue it isn't the Miners facing a bust- hence all the noise.

[nevik2] 27/3/2014 08:42

10p I don't see it, 12p possible, I feel more like it might touch 13p before another rise.
I've been out of here for sometime (thank goodness) looking to get back in, if it hits 13p I'll assess it again before making a decision.

[pineapple1] 21/3/2014 22:12

I thought Baomahun wa supposed to be the flag ship project despite unflattering grades.Unfortunately they have wasted millions on this and that requires $200m at the last count too
imho

[richgit] 21/3/2014 16:09

I daresay some Majors with their own declining resources and slashed exploration budgets are already numbercrunching Amara,and the Chinese numbercrunch everything Gold in any part of the World where the Gold production
can be sold directly to China.




That`s it from me with my final addition to the percentages game,as Amara was
on the list-yet no indecisions on the immensity of Yaoure

[hawkhybrid] 21/3/2014 14:19

funding is key as always. amara probably realises
that the gold price will probably be higher in 1Q 2015
so have left the lion's share of the fundraising
until at least then. assuming this fundraising is
successful they have still $100M+ (or $240M+ for yaoure)
to be raised.

I'm inclined to sit it out regardless of what the brokers
say. the current price drop below 17p is not reassuring.

amara has a lot of potential but will it make investors
any money? also is this the best time to invest?

HH

[swooped] 21/3/2014 12:42

New broker note out today, price target 40p BUY

Westhouse Securities - Amara Mining - 21/03/2014 Retains Buy Buy 40.00 40.00 17.25 0

hxxp://www.brokerforecasts.com/broker-notes/?epic=AMA&brokerId=

[richgit] 21/3/2014 12:16

swooped

When you witness Major currencies saying "Please trash us as we don't like the
pain of a higher value" then what else is there?

The only currency desperate for a higher value or maintained value is the US $Dollar as our embarrassing World reserve currency that has trashed itself
unbelievably ,in real terms, over the last 20 years.

I think the idea of long term holding Gold & the Yuan has obvious merits,and leave the likes of Twitter to possibly -the Twits.