Avesoro Res. Share Discussion Threads

[robrah] 20/8/2015 08:17

Government Ceremonial Opening and Gold Pour at the New Liberty Gold MineAureus Mining Inc. ("Aureus" or the "Company"), the TSX and AIM listed West African Gold Producer, is pleased to announce that the government ceremonial opening and gold pour of the New Liberty Gold Mine ("New Liberty) occurred on 18 August

[stevie blunder] 19/8/2015 13:37

@ Herbert Howells

If you go here :

There are a number of David Reading interviews. In one of them (can't remember which for the life of me) he says, (I think in answer to a question), that any offer for the company of over 40p/share would be put to the shareholders by the board.
He did not say that he would recommend such an offer, nor did he say what he thought the company was worth.

Maybe some one else can remember which video it was, but I cant! and life is too short.

cheers

Steve

[4marlin] 19/8/2015 12:20

Herbert,

What comments are you referring to?

Thanks.

[michaelwhight] 19/8/2015 11:57

I sat next to Herbert Howells on my first day at RCM in 1980. Thea King was playing his clarinet sonata. Great music.

[herbert howells] 18/8/2015 09:17

"I think the CEO's comments re eventual valuation and sale have put a lot of people off, IMO - including me."

Thought I had most sources of news covered but I have missed these comments.

Where did he say this?

Please could somebody provide a link or point me in the right direction. Thanks.

[taffer87] 18/8/2015 07:04

I would happlily sell at 40p if an offer comes.. would be good riddance

[robrah] 17/8/2015 09:15

Interesting development

[diesel] 13/8/2015 12:54

All depends on POG, above $1100 and there is a viable business, just, below and the numbers just don't add up....

[ianbag] 13/8/2015 12:28

Yes trend reversed - should see a swift move to 24p - whether it breaks higher to 28p though is another matter - although a couple of chartists think it will by end of August - so may get traders doing t20s on it

[ukgeorge] 13/8/2015 11:13

chart looks like it's trying to break higher imo.

[cyprussteve] 12/8/2015 18:07

I wonder how accurate this forecast may be - an impossible task to predict with total confidence, I accept.

[diesel] 12/8/2015 15:47

Was the comment made on "eventual" valuation or just what offer would need to be taken seriously against today's sp?,either way seems a bit of careless talk!

[condom2] 12/8/2015 15:40

40p would do me !!

[oggyrocks] 12/8/2015 14:56

Agree lumi.

I think the comment about take over at 40p was crazy. That has limited the upside on this.

[luminoso] 12/8/2015 14:48

I think the CEO's comments re eventual valuation and sale have put a lot of people off, IMO - including me.
There are other gold price plays out there, too.

[condom2] 12/8/2015 12:13

I think they are being held down by someone ! A move on up in POG will help them pop,way too cheap IMHO.!!!

[oggyrocks] 12/8/2015 11:21

Agree - but still no real upturn in share price. Can buy at 20.8 today. Showing a buy on britishbulls, but might stay on side lines. Tight spead today however which make it very tempting to jump in.

[diesel] 12/8/2015 08:41

POG starting to look as if it's in an uptrend, dangerous thought! But the oil price should be having a significant effect on mining costs, some of those may be fixed with the Monurent contract but their power generating costs will be no small part of their op. costs.

[oggyrocks] 11/8/2015 18:10

As if by magic, it ran out of steam. Almost bought, but still sitting on sidelines. Will see what happens in next few days to pog and markets overall before i commit.Hopefully it won't drop again. Would like to see this move up.

[oggyrocks] 11/8/2015 12:52

Well - the price never fell below 20p which is a major positive. (did dip in July but never closed below)

POG is up a bit now as well which is excellent.

Some of the technical patterns are showing that it might be the end of a bearish pattern and now turning more bullish.

A close above 21.5 should be a big positive sign.

Have been on the side lines for a while have sold out at 29p, but looking at possibly getting back in for a short term profit. Will be watching this one this afternoon to see what happens.

[robrah] 11/8/2015 12:06

China devalues currency . Other may follow and this may help POG . Rate may be delayed to dec or next year .

[ukgeorge] 11/8/2015 11:22

some decent volume today.

[matt123d] 11/8/2015 11:09

21.25p is the level to take out for a meaningful turn here. Gold above last week's high now.

[ukgeorge] 11/8/2015 09:32

As at June 30, 2015 the Company had cash and cash equivalents of US$21.1 million.

quite key imo

now we just need them to reach commercial production before it has all gone.

Management believes that the current funds and projected operating cash flows will be sufficient to finance the committed capital expenditure, operating costs, general working capital and corporate costs over the next twelve months.

[diesel] 11/8/2015 07:42

All on the POG now, they've done a good job getting this far, only to go into production at the low point of gold prices.