Asiamet Resources Share Discussion Threads

[dorset64] 22/12/2017 09:05

HG, I agree and like most your post but would disagree with your last one above.

I don't think it was short term greed but more investors getting fed up with the likes of Steve promising things he couldn't deliver, and in turn short tremors plugged in only for nothing to materialise. He created the 'froth' and therefore was the reason for the drop.

He & the BoD need only to release timescales that they can keep to, not ones that they think might happen. All done & dusted now so the next credibility test will be by the end of the year and, if it doesn't come & the share price drops, I will buy a few more again.

[highly geared] 22/12/2017 09:01

What we’ve seen in the last few weeks is some emotions spilling over due to short term greed , some buying near the short term top and others selling a few to take some risk off the table whilst retaining a substantial core holding.
Those of us here for 3-5 years need only worry about 3 things:
- price of copper/ zinc
- how financing of Bkm will be executed ( hopefully with minimal dilution)
- political risk
On the last point, the Production UIP on KSK looks watertight. Beutong still remains a risk but we don’t need it to achieve $ billion valuation...
Hardest thing here is to buy big and do nothing for 3 years....

[adorling] 22/12/2017 09:00

I think we might see Beutong IUP before New Year IMO

[dorset64] 22/12/2017 08:49

MT you are so right, me included, I was annoyed with Steve et al and posted such but now the share price is rising again, and I bought a couple more lower down I don't feel so bad towards him now lol. I do however hope they learned a lesson from this but at the end of the day, the company is still the same top drawer company it was at 12p or more, with much much more to come this year, next year and further out.

[mount teide] 22/12/2017 08:20

L2 2 v 3 / 9.75p v 10.5p

Sellers getting 9.9p this morning for volume - what difference a week makes !

[mattjwhity] 21/12/2017 22:52

Copper just jumped to $3.21

[adorling] 21/12/2017 20:24

HG - my sentiments entirely! It’s days like this that must make all those that sold in the last few days kick themselves. If you can’t just be patient until the BFS is published and the beutong IUP Licence is granted and we are over 20p-25p then you should not be invested here IMO.

[highly geared] 21/12/2017 19:18

Development of the broader KSK district has “ company maker” written all over it. With BKZ developing into a standalone poly metallic deposit with a possible copper extension into BKM and BKW and BKS barely “ scratched” , 2-3 X BKM will deliver a $billion company by 2022 without Baroi and the licence that musn’t be mentioned.
With copper predictions we’ll north of $3.25 for 2019-2027 ( slated production period for BKM) and a multi year commodities bull market getting underway, buying and holding this stock will deliver life changing amounts.
The current hype around crypto stocks may offer great trading opportunities but hard assets feel safer to me and as a play on copper and zinc,I cannot find anything better.
The aligning of events (timing, Resources, management experience, copper demand 2020-35 etc) offer us all a ticket near the start of the ride... The key, is not to get off too early and to hold on over the bumps....

[adorling] 21/12/2017 18:30

Closed at the high of the day......a good sign for things to come.....

[delboy ars mad] 21/12/2017 18:03

Fantastic day with ARS. going up a nice percentage. Am I the only one to notice that our friend who is constantly selling has gone off the radar which is now allowing our brilliant share to rise again. See if he appears tomorrow. TM and PB hope you have a great Christmas and bring us lots of presents and surprises in the near future....,

[2lb] 21/12/2017 17:41

Copper $3.19 and still looking strong.

Decent recovery from ARS.

[mr roper] 21/12/2017 15:58

Forget the license. It will come in its own time. Either way ksk will dwarf beutong and we already have the license.

[ayesha4] 21/12/2017 15:50

Licence now would blow this sky high. Only a matter of time.

[jackbal] 21/12/2017 15:41

Hello hello! Very pleasantly surprised by today's action.

11% without fanfare or much volume. Have a feeling we might not see high 7's/low 8's again.

If we do test the lows I will simply add to my holding again. Happy to accept much more risk than usual on this investment in terms of stake size.

This stock is cheap on so many levels without the license.

License would just be an enormous cherry on top.

[charles clore] 21/12/2017 15:41

Look at that copper price wow!

Could the price rise be due to the big L?

[okidokicoki] 21/12/2017 15:40

Nice to see this flying again . Is Santa comming earlie :-)

[ianbag] 21/12/2017 15:35

Tomorrow morning will be interesting....

[huckle9] 21/12/2017 15:08

Bulls are back

[ayesha4] 21/12/2017 15:01

Licence would be a good xmas present. Fingers xd.

[cpap man] 21/12/2017 14:50

Great to see my ARS on fire again!

[treadcareful] 21/12/2017 14:48

Here we go!!!

[mattjwhity] 21/12/2017 14:31

https://www.wsj.com/articles/metals-copper-gains-on-u-s-growth-optimism-1513811534Good news for copper

[highly geared] 21/12/2017 09:43

Copper has bounced nicely to $3.17 and is poking above the falling wedge. Possible it will move above $3.20.
On multi decade charts, commodities are at all time lows v the main indices / finance stocks. This points to a multi year move in commodities which started in 2017. Short, medium and long term, copper has some way to go.
ARS- the candle chart shows a nice bottoming that reflects the uptrend pattern that should now continue as the BFS for BKM starts to loom on the horizon. With continued drilling of BKZ to establish a new JORC resource that is zinc dominated and a likely extension of the BKM copper deposit, things are well set for patient investors.
The spike to 12p was driven in part by speculation on the Beutong licence but at around 9.5p , we are conservatively valued v the Npv of BKM BFS which will likely be 2-3 times the current market cap.

[adorling] 21/12/2017 09:27

Feels like some news is about to drop.......