Asiamet Resources Share Discussion Threads

[mr roper] 17/10/2017 16:20

adorling, it became clearer over time..:0)

[adorling] 17/10/2017 16:08

Mr R - thanks for posting that from 2007. Tony M clearly knew what he wanted and he clearly thinks (knows) he is going to get it again!

[ileeman] 17/10/2017 15:47

GGP just being pumped it will end in tears.

Expect ARS to start moving again soon.

[mr roper] 17/10/2017 15:24

a good point, highly geared.

Not sure a lot of folk understand that this isn't TM's first look around BKM, Baroi, Beutong etc.. He went over the ground a long time back with Oxiana.


as i'm a good guy.. what about this for a refresher...

November 19, 2007 02:00 ET

Kalimantan Gold Corporation Limited: Oxiana Completes Initial Phase of Exploration
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 19, 2007) -

Kalimantan Gold ("Kalimantan" or the "Company") (TSX VENTURE:KLG)(AIM:KLG) reports that Oxiana Limited has completed its obligation to spend US$2,500,000. Pursuant to the option deed Oxiana must deliver to Kalimantan Gold within the next 30 days their comprehensive report on the results of this initial program and within 30 days after that Oxiana must deliver Kalimantan notice as to their intentions with respect to exercising their option under the option deed.

The option deed covers Kalimantan Gold's 941 km2 Contract of Work (the "KSK COW") in Central Kalimantan and initially committed Oxiana to spend US$2.5 million on data compilation and drilling 12 deep holes over a period of 12-18 months. Oxiana will then have the option to elect to earn a 40% stake by the completion of a pre-feasibility study and 66.67% stake by the completion of a bankable feasibility study. By this time it will have spent an estimated US$37.5 million.

Oxiana geologists reviewed a decade of KGC exploration data relating to the KSK COW. This detailed geological, geochemical and geophysical review and assessment delineated three key areas of porphyry-related mineralization in the Beruang Kanan prospect area as well as quality drill targets at the Beruang Tengah, Baroi and Mansur prospects. Work programs completed to date encompass geological mapping, reprocessing of geophysical and geochemical data and drill testing. Reconnaissance exploration was conducted on other anomalous areas on the KSK COW to determine potential and delineate additional targets.

To date 16 holes for 5,980 metres of diamond drilling have been completed. While the geology and alteration observed confirm porphyry style mineralisation, significant volumes of drilling assays are still outstanding.

About Kalimantan Gold

Kalimantan Gold Corporation Limited is a junior exploration company listed on both the TSX Venture Exchange in Canada and on AIM in London. The Company is focused on exploration in Indonesia and currently has rights in two areas: the Jelai epithermal gold prospect in East Kalimantan and the KSK COW copper-gold porphyry prospects in Central Kalimantan.

The TSX Venture Exchange does not accept responsibility for the adequacy or the accuracy of this release.

[highly geared] 17/10/2017 15:10

Have to laugh that GGP is pushing £35 million on some soil anomalies, large acreageand pure hype. Apply that here and ARS should be at 50p based on substantial drilling results and fundamentals.

[charles clore] 17/10/2017 15:00

I would have been surprised to see the recent gains continue without a pause. Even copper is taking a breather today.

[mr roper] 17/10/2017 12:47

as long as you didn't vote Corbyn as well, hawks!

[hawks11] 17/10/2017 11:38

You have my vote Mr R, but then I voted for Brexit.

[mr roper] 17/10/2017 10:39

you missed the pound sign in front of the 5, Charles...

[charles clore] 17/10/2017 10:30

Looks like this could be going back to close that gap at 5.25. Nah, just kidding lol

[ileeman] 17/10/2017 08:48

Consilidating after a great run, copper, zinc etc etc going nuts.

Buy the dips imo.


free stock charts from uk.advfn.com

[jackbal] 16/10/2017 23:27

Charles i literally just watched that movie and was going to mention it to the BBC when I saw your post!

It did make me chuckle when they mentioned the samples being sent to the lab in Kalimantan and certainly was a staunch reminder not to fall in love with a stock regardless of how strong the investment case seems.

[ianbag] 16/10/2017 23:16

Scary - congratulations on your baby daughter - hope u are doing your share of night duties!

[scarymonster] 16/10/2017 23:12

Cracking last few days here guys. Been busy with new born daughter but watching from side-lines. I thought we held up real well today considering the rises of the last couple of sessions, also volume still good. Absolutely fantastic and very excited for the future.

[charles clore] 16/10/2017 22:52

Maybe they are saving it for New Year.

I watched a movie on Amazon last night called GOLD - superb!

Kenny Wells, a modern-day prospector desperate for a lucky break teams up with a luckless geologist to find gold deep in the uncharted jungle of Indonesia.

Starring:
Matthew McConaughey, Edgar Ramírez, Bryce Dallas Howard

[mr roper] 16/10/2017 22:01

Only 10 weeks or so left in the year for it to drop! Might even hit that 15p once it drops

[mattjwhity] 16/10/2017 22:00

Just a bit!Cmoooooon licence.

[mr roper] 16/10/2017 21:37

Matty, it sounds a bit like beutong

[mattjwhity] 16/10/2017 21:31

Read the first paragraph... that's 19 not getting the bid...

[mr roper] 16/10/2017 21:11

Npv for bkm , before any upgrade to resource, recovery or Mine life, is $200m
Excluding bkz, bkw, bks,baroi, Beutong etc etc.

I think we're a little bit undervalued. Current mkt cap is approx £55m

[adorling] 16/10/2017 21:01

Price of copper $7145.5T - Does everyone actual get what this means to the true valuation of ARS? Bloody work it out and make a ton of money by investing in the best mining play on AIM. A true wealth creator!

[mr roper] 16/10/2017 17:41

Nice breather today to take the froth off the rise. Bkz incoming

[snickerdog] 16/10/2017 16:35

All these charts broken.Think just down a teeny bit, support is strong. Have we all seen copper price?

[highly geared] 16/10/2017 16:01

Chart still broken!