Asiamet Resources Share Discussion Threads

[tromso1] 25/7/2016 21:47

"AsiaMet Resources has seen a recovery lately especially since it has closed the gap down to 1.8p, recent drilling news by the company combined with some PR by Tony Manini has ignited interest again, shares are up 19% on the day, closing the gap the recent placing done in April at 3.1p, during the Webinar Toni Manini stated he was off to China on August the 8th, he also stated the company is enetering a news flow rich period."

[ryry0707] 25/7/2016 20:45

What was the close on the TSX?

[harrissen] 25/7/2016 20:20

Mining Intelligence.


Cecilia Jamasmie | about 3 hours ago

China snaps up $4.5bn worth of overseas mining assets in just six months
Only from January to June this year, China-backed funds and companies snapped up $4.5 billion worth of overseas mining assets. (


Chinese miners have been aggressively scouting for overseas mining acquisitions this year and are expected to continue bidding for strategic assets amid a commodity downturn that has pushed top miners to shore up their balance sheets by off-loading operations.

Only from January to June this year, China-backed funds and companies snapped up $4.5 billion worth of overseas mining assets, or 18.2% more than in the same period last year, according to a report by Mergermarket and international law firm Baker & McKenzie.

Large state-owned companies no longer dominate the acquisitions scene. Increasingly, private and provincial-backed firms are joining the hunt for supplies of raw materials.

So far this year, China Molybdenum has emerged as the main buyer. In May, the company acquired Freeport-McMoRan’s stake in the Tenke Fungurume mine in Congo for $2.65bn and, a month earlier, it agreed to buy niobium and phosphate assets in Brazil from Anglo American (LON:AAL) for $1.5bn.

But unlike previous years, large state-owned firms no longer dominate the acquisitions scene, the experts say. Increasingly, private and provincial state-backed firms are joining the hunt for supplies of raw materials as they also try diversifying their portfolios.

As an example the analysts mention Jiangxi Ganfeng Lithium, China’s second largest producer of the so called “white gold” and the country’s biggest maker of battery-grade lithium, which late last year acquired 43% of the Mount Marion lithium project in Western Australia.

Infrastructure construction firm Sichuan Railway Investment Group (SRIG) is another case in point. Last month, the firm signed a A$330 million deal with Alton Mining to acquire 60% of a copper-gold mine in Queensland, Australia.

[mr roper] 25/7/2016 12:58

HB, if you are around, any possibility of an updated chart please? Many thanks

[mr roper] 25/7/2016 12:56

As TM would say,... it's undervalued on every metric you look at!

[cyberbub] 25/7/2016 12:19

8 - 10p by Xmas, if good progress and newsflow is maintained, in my viewNAI

[knobbly] 25/7/2016 12:19

Blimey what's driving this thing?

A bit pee'd off - just getting my son's JISA and JSIPP in place to buy some of these for him. Looks like I'll have to pay a high price than I wanted too.

[red army] 25/7/2016 12:16

Nervous sellers prepared to take profit but my target is 7p

[richsmithsmith] 25/7/2016 11:46

2.75p paid

[knicol46] 25/7/2016 11:41

BKM assay results coming shortly..

The first hole on section line BKM31700 (110m End of hole) was drilled outside the BKM Resource and intersected moderate grade mineralization from near surface, confirming copper mineralization continues eastward. Drilling continues to confirm continuity and extend copper mineralization in the BK058 Zone. Five additional holes have also been completed on this line and assays are expected shortly.

[knicol46] 25/7/2016 11:19

3p+ coming soon!

[mr roper] 25/7/2016 11:14

agree, rich. TM seemed to be pretty aware of how attractive the company must look to potential suitors now. He needs to get the share price up and the various projects partnered asap if we want to get full value.

[richsmithsmith] 25/7/2016 11:11

yeah... which would make us a lot of money in a short space of time but would p*ss me off because I wanna see this company at least into production.

[mr roper] 25/7/2016 11:08

or the outside bet.. Bid for the company..

[richsmithsmith] 25/7/2016 11:01

* Licence conversions
* Drilling Results
* Partnerships

Lots of news could drop anytime.

[richsmithsmith] 25/7/2016 10:58

love how quickly this share takes off

[knicol46] 25/7/2016 10:57

heading back to 3p+

even the last placing high net worth investors were willing to pay in @ 3.1p April 2016 - looking very positive

[richsmithsmith] 25/7/2016 10:45

there are lots of things brewing

[knicol46] 25/7/2016 10:40

sp +8.4% something brewing

[mr roper] 25/7/2016 10:37

nice move..

[harrissen] 23/7/2016 11:09

ASIAMET RESOURCES LIMITED Has Another Strong Session

July 21, 2016 Marguerite Chambers

The stock of ASIAMET RESOURCES LIMITED COM SHS USD0.01 (DI) (LON:ARS) is a huge mover today! The stock increased 9.78% or GBX 0.22 on July 21, hitting GBX 2.5. About 11.12M shares traded hands. ASIAMET RESOURCES LIMITED COM SHS USD0.01 (DI) (LON:ARS) has risen 119.57% since December 17, 2015 and is uptrending. It has outperformed by 112.09% the S&P500. The move comes after 6 months positive chart setup for the GBX company. It was reported on Jul, 22 by Barchart.com. We have GBX 6.10 PT which if reached, will make LON:ARS worth GBX more.


Out of 2 analysts covering Asiamet Resources Limited (LON:ARS), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Asiamet Resources Limited has been the topic of 11 analyst reports since August 21, 2015 according to StockzIntelligence Inc

[mr roper] 23/7/2016 09:54

4 Drill Rigs
25 holes completed out of 100. 4 in progress. Drilling approx. 12 holes every 2 weeks. So approximately another 12 weeks of drilling to go.

Assay results received from 4 holes out of 25 so far. So I'd be expecting some frequent drilling updates from the company over the next 12-16 weeks or so.

Beutong license decision in 4 weeks. August/Sept/Oct could be quite lively here...