Athol Gold Share Discussion Threads

[hezza123] 18/4/2012 11:16

Hmmm... Buyers here this morning. Rare sight of late. My average price on these is 0.38 so still a way to go... Just makes a change seeing it on the risers list!

[argy2] 16/4/2012 22:20

Until the next bull market. His monthly ramblings on Sharecrazy are getting embarrassing.

[topdoc] 16/4/2012 22:13

Is TW finished ?

[orado] 16/4/2012 10:32

RNS of 2/11/11

Change the name from Athol Gold to Athol Gold & VALUE !!!!!!!!

Change the terms that TIM (I believe a TW outfit) will continue to be incentivised on the basis of Net Asset Value performance, while NOW also receiving a standard Annual Management Fee of 1.5%.

Got to admire their negotiating skills.

[noirua] 16/4/2012 09:43

Looking at this stock now is a sad reflection on what could have been. Market stocks valuation was 0.29p last call and may be at 0.20p or so now -- many stocks held rarely trade so it doesn't mean as much as it could. Even Chaarat have turned sharply negative today.

Buying at a 25% discount to the guessed at 0.20p = 0.15p looks to be a fair price gamble on a gold stock rebound --

[huntie2] 16/4/2012 08:31

never never put money into TW recommended stocks - that's my best best tip for this financial year!

[argy2] 16/4/2012 07:47

Presumably didn't want AHG paper at historic nav price, can't think why

[failedqs] 16/4/2012 07:17

Ronaldsway portfolio acquisition has fallen through

[failedqs] 03/4/2012 07:13

With TW, what else can you expect....
Totally inept.

[topdoc] 02/4/2012 18:34

we are almost at 1/10th of 1p amazing

[noirua] 02/4/2012 14:41

Lots of gold stocks and most have tumbled except Chaaratt. A complete jumble of micro-stocks that are difficult to sell and last asset value at 0.29p, and must be lower now.
May get out of trouble if they can get asset value to £20 million somehow and a big boom on Plus markets and AIM -- probably will happen around 2016 - 2018, needs patience.
A TW connected nightmare and he needs to get a lot of friendly big hitting punters behind this one.

[orado] 02/4/2012 12:13

TW

Does AHG have ANY value?

[topdoc] 02/4/2012 10:16

can we get to 0.00001p a share ?

[noirua] 29/3/2012 14:41

ultrapunch, Poor call by RHPS, nothing else. The company ANR is too small for the project at the Arckaringa where most of the area is unknown and no human has stepped before. Very high temperatures approaching 50c by day and plunging to freezing at night, sandstorms and poisonous snakes added to the mix. Nearest rail station is at Coober Pedy about 300 miles away -- yes, they are exploring in an area larger than England.

ANR are waiting for CNOOC to complete a bankable feasibility study, I think due for completion in late 2012. Then drilling will take place and ANR are expected to drop their interest to 30% as CNOOC fund the next stage -- this part is still a bit unclear.

ANR are purchasing two coal mines in China and diluting shareholders to buy the interest. CNOOC, China's largest company, are thought to have pointed ANR in this direction. A good move as China wants to buy all thermal coal within China itself and reduce dependancy on Indonesian low grade sub-bituminous coal.

At some point ANR shareholders will reap the benefits but end up highly diluted on the way.

[noirua] 28/3/2012 12:24

maurillac et al, The stock TW supported out of a hat from the "Show me the Money" tv show, was Auiron Energy AUY and it rose to 52p a share in 2000 and was tipped by Tom to reach £2.50.
AUY tanked at great speed and reached 1.5p (3.8c) in 2002/3 under heavy selling pressure by the busted Equitable Life funds. The AIM quote was suspended and AUY were fined £10,000 for various breaches. Market cap fell from A$400 million to A$12 million -- QUITE A FALL.

HOWEVER, A company named RMS who owned the Yarrabee Coal mine in Queensland was taken over by AUY, a reverse takeover. Fortunes improved with thegathering price of thermal coal making the mine quite profitable. The stock price rose from a final low of 3.5c to 12c by 2004.

In 2005 another reverse takeover took place with White Energy, bring in the Ashton Coal mine in NSW and the Minerva Coal Mine was purchased soon after in 2005. Fortunes rose and the stock price was at 35c (there was a 1 for 10 consolidation) when a cash raising took place at A$2.95 a share.

To cut a long story short, AUY was renamed Felix Resources ASX:FLX in 2005 and was taken over
by China's Yanzhou Coal Company at A$18.05 ($1.805 - £1.02) a share in 2009, plus a share holding in South Australian Coal Limited SAC). FLX had peaked at A$23.35 (A$2.35 - £1.30) a share in 2008.

Therefore, those who bought at the 2000 peak at 52p a share eventually came out with a 90% profit and those who bought at 26p, at the time Tom W tipped them, made 290% profit.
Of course those of us who topped up at the lows added up to 6,800% profit and 8,700% profit at the 2008 peak.
Final market cap was A$4.3 billion up from the 2002/3 low of A$12 million.

Further good news came when the free shares in SAC were taken over adding a further 20c to the takeover price and those who took a share alternative and sold soon after made up to $1.00 a share extra.

Thus fortunes changed and MD Brian Flannery became the 8th richest miner in Australia. For him a turn-a-round as he sold his NSW property in 2003 to pay off debts.

+++++++++++++++++

Further to the above: Some of the original Auiron Energy assets in South Australia were sold or tenancy given up.
The Arckaringa area is now owned by CNOOC (China's largest company), Altona Energy, Linc Energy, White Energy and Western Plains Resources WPG -- totals 16 billion barrels of oil from coal. The iron ore assets were sold to WPG who sold most for A$354 million to One Steel Limited.
The original MD of Auiron Energy, Neill Arthur was thus proved correct when he told the South Australian Governments of the future value of these areas -- sadly they failed to listen in 2001.

[argy2] 24/3/2012 15:51

lol oilbuy

[oilbuy] 24/3/2012 09:48

Looks like there is more of a retrace to come here ,waiting to see what happens.

[failedqs] 22/3/2012 09:41

Hi Big Fella,
I forgot, I actually bought another 200,000 shares a couple of years back, so I've got about 600k now. waste of money.
This is the problem of buying 1) a Plus share and 2) buying into a shell company - you have an illiquid share and also no idea what you will get an investment in.
I have some Hot Rocks shares also that Ruegg got me into, but I'm quite hopeful for them, they are pulling together a great portfolio of investments. Thank god, TW and G Rose have nothing to do with them, its Gavin Burnell who seems to be a good guy!