Asa Resource Share Discussion Threads

[juju44] 10/1/2017 14:53

A tear on nickel and a rip on gold. Come on ASA get off your ass

[redtrend] 10/1/2017 14:43

A tear in stig's words or would you elevate it to a full on rip?

[juju44] 10/1/2017 14:21

decent move in nickel

[mreasygoing] 10/1/2017 10:29

Gold and nickel back up. Gold could break back to 1300

[mreasygoing] 10/1/2017 10:02

Miners next leg up ? ASA always lags the main market miners.

[mreasygoing] 09/1/2017 14:51

Added a few more while the traders are watching oil shares.

[juju44] 09/1/2017 10:17

Takes one to know one

[wstirrup] 07/1/2017 23:10

Perhaps we need a change to the header, to include Metals Charts such as Gold and Nickel?

Or a New thread? Anyone care to comment/Start one?

W.

[juju44] 05/1/2017 21:33

Yep , I would call that a tear

[mreasygoing] 05/1/2017 20:56

Gold up nicely or on a clip or a tear.

[plasybryn] 05/1/2017 13:32

Had this actually been holding the share price back?
Now we can move forward again!

[redtrend] 05/1/2017 13:24

RNS out on alleged legal claim and pretty much situation as we all expected… noise:

“Asa Resource is aware of recent press reports about proceedings against the Company by Zindico Consortium in respect of the Group's Freda Rebecca mine. The Group wishes to confirm that it has not been served with any court papers and has no knowledge of the alleged claim. There has been no communication with Zindico or any other party about the allegations. The Group will make a further announcement as appropriate”

[redtrend] 05/1/2017 12:03

As most say and I posted yesterday appears noise - someone on LSE put interesting post on this:

"Lawsuit / Zim Herald
I'm familiar with this story. I know for a fact that back in December 2014 there was a suggestion by Mpinga that some people might be interested in buying 26%. This to my knowledge was at the root of the following palace revolt of then MWA, mainly because of people wanting to come in on the cheap after investors, including the Chinese had been putting tens of millions into the company to get it back going again. To the best of my knowledge, the board never approved the sale and without its ratification the transaction is null and void. This has all the hallmarks of disgruntled ex-management. I believe the main man behind Zindico lives in London, if so, not very indigenous or helpful to the people in Zimbabwe!
At best, it's a distraction."

[juju44] 05/1/2017 11:53

SP not reflecting the improvements in gold and nickel over past few days .

[caedwalla] 05/1/2017 11:36

I assume this is an attempt to bully ASA out of its lunch money using the threat of the indigenization law. When they say 'we had an agreement to purchase' they mean 'Kalaa Mpinga promised to let us rob you'. The Chinese will be unimpressed.

[the stigologist] 05/1/2017 11:30

par for the course in Zim

noise just like the 1% move in nickel idiots were getting excited about

[seconduser] 05/1/2017 10:59

Strange business though....

[the stigologist] 05/1/2017 10:57

experts on 1% moves in nickel prices are probably best suited to espouse on this

[seconduser] 05/1/2017 10:52

What do folk make of this? Storm in a teacup? (as large buys still going on)


hxxp://www.thezimbabwedaily.com/business/103904-mining-firm-slapped-with-20m-lawsuit.html

[juju44] 04/1/2017 19:27

yep and nickel up nearly 4%. Maybe a lift tomorrow