Anglesey Mining Share Discussion Threads

[rajaster] 12/12/2013 11:12

I don't think its wise unless your buying as a new buyer. I'm already near 40%-50% down on my 6p and 5p buys. As previously mentioned wont be adding any more pending long term hold and wait for me now. but seriously the value drop and the lack of care shown by the management whilst taking their high wages paints a big picture. I'd love to get hold of their numbers and bug them to death like I've done with others in the past.

Historic prices have been as low as 0.5p so where this stops now is the big question. Lim defaulting is being priced in as their funding for 2014 needs to be rectified.

I've not checked IO spot prices, but they have been at 2-3 month highs recently pending $130-$140 dollars.

[havenpoint] 12/12/2013 10:32

Is it madness to invest further funds at this level in view of your last comments?

[rajaster] 12/12/2013 10:02

this is likely to head to 2p due to the incompetence of management.

[rajaster] 11/12/2013 10:53

still alot of selling of LIM, volumes been high the last 3 trading sessions. but as TSX is DMA its hard to ascertain if the figures were correct.

none the less the road to recovery is going to be a looongg one.

[mcmather] 09/12/2013 20:07

Well thats $0.20 hit. Hopefully it will bounce....

[rajaster] 09/12/2013 15:46

the price is firming on TSX, I don't have the volume stats or the order book. but a potential double bottom at $0.2, lets see how it pans out but the recovery could be swift if there is a technical breakout. We need a high volume day to set the ball rolling. Santa Rallys heading this way imo. - Update 10/12/2013 Nope dead as a dead duck at the moment.

[abergele] 06/12/2013 18:51

I do hope not,promised to look after this for Laser,while he is on holidays..

[mcmather] 06/12/2013 17:01

Surely LIM can't drop below C$0.20???

[mcmather] 04/12/2013 13:45

Be interesting to see how things pan out:

Development of the Houston Project is subject to the availability of financing.
LIM is evaluating various financing alternatives or off-take arrangements, and/
or other potential strategic options, to fund the planned first phase Houston
development and related transportation expenditures. LIM is also seeking to
pursue strategic initiatives aimed at permanent structural reductions in
operating costs and revenue deductions.

In resuming its planned seasonal mining operations in the spring of 2014, LIM
will incur regular winter stand-by costs from December 2013 to March 2014 and
seasonal start-up mining, processing, rail and transportation and site
administration expenses for the months of April and May 2014, before receipt of
payment for its first shipment anticipated in June 2014, and will require
working capital of approximately $20 million to $30 million to fund these
operating expenses.

[rajaster] 04/12/2013 12:55

RNS - final shipment completed for the year, 10 shipments completed. Drilling programme ongoing and results wont be far off at LIM.

As for AYM, well its the usual garbage until 2015 I expect.

[abergele] 03/12/2013 18:44

Rejaster,
drug cartel shipping ore,
we'd make more money here if we mined cokecain..lol's

come on LIM ,what are you doing going back again..jollux

[rajaster] 03/12/2013 10:52

hxxp://www.dailyfinance.com/2013/11/30/mexican-drug-cartels-exporting-iron-ore/?ncid=txtlnkusaolp00000058&

have fun with that,the cartel have had a busy year.

[rajaster] 03/12/2013 10:38

abergale, Lims not out the woods yet, we will see over the coming days but the key is the 0.3p resistance which needs to be taken out, then the recovery could be as swift as the fall, just a note that when support zone are taken out easily they are also taken out easily in the reverse. the larger resistance imo are the locations of the fund raisers. but of course we need the business to prove it can turn around first without constant cash injection requirements.
I'm just waiting for our xmas santa rally. I've written to santa and requested my xmas wishes :P, hope you all have too.

[abergele] 03/12/2013 00:15

Sometimes when I went away on holidays a share would go upwards,
it looks as though now Laserdisc has/is enjoying a break away,he has started the clawback for us....fingers X'd we may be on that move upwards,
if you are looking in,we are taking good care of Lim and hope it rubs off here
lol's...have a nice time Laser.

[abergele] 02/12/2013 10:09

Laserdisc,
Many thanks for the link,I can't believe we will end up with nothing from AYM
in the end,
still so much land there in Anglesey,we can opt. to make it into a great big theme park,or sell it to a film company,sci-fi blockbuster.
"Our man on Mars".I can see it now..Harrison Ford,main part,....lol's,

you enjoy your holiday in Spain.

[laserdisc] 01/12/2013 15:09

Thanks Abergele , i have been reading new milleniums latest rns they are going to release further news on their projects before the end of the year .


they say that they are looking at
value engineering and an assessment of alternative production scenarios,
for the taconite deposits .
poster on stockhouse says his own senario on that,
indicates maybe no pipeline but use the rail link,
this is the taconite project not dso ,
Just possibly Lim could have had some input ,& may be involved in some form or other ie transportation .
i hope lim actually merge into nml in some corporate form, as they are really unable now to go it alone

[abergele] 30/11/2013 19:34

Have a nice break in Spain laser.we were lucky to have dad till he was 95 almost.and although we tendedto him.I would do it all again just to have him back.oh such sorrow you had last Jan.cannot say any words to comfort you and the family .just try and have a well earned rest.we all on here care for you and wish you well.have fun with the wines till Xmas.we will push this buggar up the hill for you. Lol.s

[laserdisc] 30/11/2013 18:42

it appears jfk in london next week still don't know whether management will be at mines & money all next week

John F. Kearney, Executive Chairman of Minco (MIO) (MIO.L) [LON:MIO], the mining exploration and development company, will be presenting at the Shares Magazine Investor Evening in London on Wednesday 4th December 2013 - See more at:

[rajaster] 30/11/2013 12:40

sorry to hear that, I lost a brother to cancer who was two and it has been 21 years, he is still missed and still loved. My condolences and prayers for your son and family. Lifes short and we will all be gone one day.

[laserdisc] 30/11/2013 08:15

here is the link for Gill news

miistry never release info on the time scales indicated ,could be mid December
Lim may not even issue a newswire

[laserdisc] 30/11/2013 08:10

rajaster, Thankyou for your prayers he is in heaven now, he passed away in January from a brain tumour he lived life to the full & never complained throughout the treatment.
We know he is around us as love never dies.
We all never know what is around the corner, Its always best to take at least something enjoyable out of each day however small.
just going to get some sun as the bright days help

[rajaster] 29/11/2013 22:49

oh and enjoy your holiday, i'm sure its well deserved.