Share Name Share Symbol Market Type Share ISIN Share Description
Bacanora Min LSE:BCN London Ordinary Share CA05634Q1054 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 80.50p 80.00p 81.00p 80.50p 80.50p 80.50p 39,919 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.1 -7.7 -8.3 - 106.18

Bacanora Min Share Discussion Threads

Showing 3801 to 3823 of 3825 messages
Chat Pages: 153  152  151  150  149  148  147  146  145  144  143  142  Older
DateSubjectAuthorDiscuss
18/9/2017
11:09
Please allow me to bring your attention to this low-market capitalisation, high potential gold/copper exploration company that has assets in the ‘Eye of the Storm’ – the White Gold Area in the Yukon, Canada. Kestrel Gold (TSX Venture Exchange symbol KGC.V) - Recently acquired acreage in one of Canadas most prolific gold areas – the ‘Eye of the Storm’ White Gold Area in the Tintina Gold Belt. - Easily accessible, excellent infrastructure, safe jurisdiction. - Sampling just finished, funded drilling programme about to commence - >100g/T Gold sample from Clear Creek – excellent potential - Peak values of 12,400 ppb Au from soil sampling on Val Jual - Relative low market cap – CDN$4.2 million - CEO with proven track record of growing public companies share price by multiples - Leading Canadian gold geologist, Jean Paulter, running drilling campaign - Nearby to discovered goldmines (Coffee, Golden Saddle) - Val Jual /10 Mile Creek acreage surrounded by active 2017 programs by other companies - Drilling news flow expected before year-end Please do your own research on the Company before investing. Thank you for your time.
goldguru2017
15/9/2017
19:16
Can't read FT Igbert - what is it about?
runthejoules
15/9/2017
16:37
htTp://www.ft.com/content/7f0f5630-9242-11e7-a9e6-11d2f0ebb7f0
igbertsponk
15/9/2017
16:02
Someone wanted out 15:14 - 15/09 Sell 750000 70.00p £525,000.00 15:15 - 15/09 Sell 750000 69.93p £524,475.00 15:14 - 15/09 Sell 750000 70.00p £525,000.00 14:55 - 15/09 Sell 214000 70.00p £149,800.00
glawsiain
13/9/2017
15:07
There was a program on last night, C4 I think it was, about lithium and potentially opening up old tin mines in Cornwall. Most lithium is obtained from South America & Asia. Apparently where you have tin you always have lithium. I didn't know that. Anyway the nub of the story was that demand for lithium is going to be huge.
ifthecapfits
09/9/2017
11:02
Hi all, just started following this share. Can anyone tell me how this mine will be funded, debt or equity? I see Cadence have just sold out, possible capital raising due?
blindsquirrel
09/9/2017
09:21
HNR - TWO wells successfully drilled with abundant oil and gas in samples extracted! Fracking and FIRST OIL next month! Don't miss this train!
happyholder123
08/9/2017
13:16
'No fire risk' with new lithium batteries HTTp://www.bbc.co.uk/news/science-environment-41187824
adobbing
08/9/2017
08:59
Worst movement I've seen after a Director buy! The weakness is with Cadence not BCN (or EMH, if today's -7.61% is partially due to them selling out as well)
runthejoules
07/9/2017
19:36
Yep have to agree with that Simonsaid1. Will be adding if there is any weakness in the price.
uapatel
07/9/2017
18:24
Good to see BCN directors bought a good chunk of these shares. Shows confidence in the BFS and company as a whole. Definitely a bullish signal.
simonsaid1
07/9/2017
18:19
Well, sounds like it won't make the stock much more liquid? But, given the bad blood between BCN and Cadence, maybe now they're partially out BCN will be more motivated to actually move on and make progress which wil increase (their) share price Wjat do you think?
runthejoules
07/9/2017
16:47
Cadence Minerals Plc ("Cadence Minerals", "Cadence" or "the Company") Cadence Minerals delivers a £2.7 million profit on the partial sale of its equity stake in Bacanora Minerals Ltd. Cadence Minerals is pleased to announce that it has sold approximately 8.90 million shares representing 42% of its equity stake in Bacanora Minerals Ltd ("Bacanora") for gross proceeds of £6.23 million. Cadence purchased these shares between June 2013 and September 2014 for £3.56 million. The realised gross profit from this sale is £2.67 million, or a 75% realised a return on our equity investment. As announced in the cleansing statement on the 21 August 2017, Cadence Minerals was approached by a single strategic investor who was interested in taking a material portion of the total equity stake owned by Cadence in Bacanora. Subsequent to this, and after further negotiations, management determined that Cadence should re-engage with institutional investors to complete the sale. As such Cadence has sold approximately 8.9 million shares to several institutional investors, and it has for the time being ceased discussions with the strategic investor. Cadence Minerals continues to have great confidence in Bacanora Minerals and its management team, and we look forward to being a supportive shareholder and joint venture partner in the development of the Sonora Lithium Project. We continue to believe that the Sonora Lithium Project has the potential to be a significant producer of battery grade lithium carbonate and will form an important part of the global lithium compound supply chain in the coming years. Nonetheless given that Cadence is an Investment company, Cadence has taken this decision to realise some of the profits from this investment for two principal reasons. First, it is important of itself that we realise investment profits in a timely fashion for the benefit of the Company. Second, this is also a strategic decision to redeploy some of the sale proceeds for reinvestment in other early stage mineral exploration companies where we can both hold larger stakes and add our considerable mining and financial management expertise to achieve returns of a similarly high level to those made on our Bacanora investment to date. The board and its strategy have evolved significantly since the Company took a minority stake in Bacanora four years ago and it will be an increasingly stronger theme with our new investments that we take a more active role in the management of the companies we invest in. In addition, we also will utilise the Companies now bolstered balance sheet to renegotiate the current debt facility which is redeemable during the current fiscal year. The Sonora Lithium Project and Details of Cadence's ownership: Subsequent to this disposal Cadence Minerals will hold 9.3% of the equity in Bacanora Minerals and 30% of Mexalit and Megalit joint venture companies. Mexalit is the owner of the El Sauz, El Sauz 1, El Sauz 2, Fleur and Fleur 1 mineral concessions. These concessions form part of the Sonora Lithium Project as assessed in the Pre-Feasibility Study ("PFS") published in April 2016 by Bacanora. As of the date of publication of the PFS, The Sonora Lithium Project contained some 7.2 million tonnes of Lithium Carbonate Equivalent ("LCE") within the indicated and inferred mineral resource estimate categories sit on the of which of which 2.1 million tonnes of LCE were classified as probable mineral reserves. Of these mineral resources and reserves, 4.1 million tonnes of LCE total mineral resources and 1.7 million tonnes of LCE probable mineral reserves sit within mineral concessions owned by Mexalit. Megalit does not form part of the Sonora Lithium Project as defined PFS and as yet has had no mineral resource estimate carried out on it. The direct and indirect interests of Cadence in the Sonora Lithium Project and other mineral concessions in the Sonora province are as follows: - La Ventana and La Ventana 1, which are 100 percent owned by Minera Sonora Borax S.A. de C.V.("MSB"), a wholly-owned subsidiary of Bacanora; Cadence, through its direct interest of 9.3% of Bacanora, has an indirect interest in these concessions of 9.3%. - El Sauz, El Sauz 1, El Sauz 2, Fleur and Fleur 1 concessions, which are held by Mexilit S.A. de C.V. ("Mexilit"). Cadence has a 30% direct interest in Mexalit through its Joint Venture with Bacanora, and when combined with Cadence's direct interest of 9.3% in Bacanora, has a total economic interest in Mexalit of 36.5%. - Buenavista, San Gabriel and Megalit concessions, which are held by Megalit S.A. de C.V. ("Meglait"). Cadence has a 30% direct interest in Mexalit through its Joint Venture with Bacanora, and when combined with Cadence's direct interest of 9.3% in Bacanora, has a total economic interest in Mexalit of 36.5%. Prior to publication, certain information contained within this announcement was deemed to constitute inside information for the purposes of Article 7 or EU Regulation 596/2014. Upon publication of this announcement, this information is now considered to be in the public domain.
beergut
07/9/2017
16:46
Absolutely and it looks like the buyer had the upper hand
rossowheels
07/9/2017
16:30
Not necessarily, as that price is intra-party and not a market trade. It may have been taken as a sign of strength by the market, but that doesn't really count for much either (any more than the low price being a sign of weakness). Intra-party share sale prices only really tell you where the negotiating power lay in a deal between two parties.
simonsaid1
07/9/2017
16:12
That's true although a sale at a premium would have seen BCN rise instead of the fall today IMO
rossowheels
07/9/2017
16:04
Shares are often sold at negotiated rates, that doesn't mean the market has to follow for some weird unwritten magic reason! Rather it suggests that Cadence needed cash and the buyer had some power in the negotiation. It's possible that they'll instantly dump the shares on the market and harm the BCN share price, but seems unlikely that a 'strategic investor' would go to all this trouble to accumulate for an immediate sale. Easier ways to make a living!
simonsaid1
07/9/2017
15:43
Correction 70p a share!!!
rossowheels
07/9/2017
15:42
Cadence just sold a large slug at 79p a share so that kind of indicates where this is heading?
rossowheels
07/9/2017
14:52
Oh lordy funkbum. Someone buy that dip, I'm skint and wish I'd never heard of lithium. You'd think there weren't going to be any cars or energy storage.
runthejoules
07/9/2017
14:35
Well I have a few more this AM.
ifthecapfits
07/9/2017
14:34
Big sale todayWho was the buyer?
beergut
07/9/2017
10:51
All Jaguars to be electric from 2020..... http://www.bbc.co.uk/news/business-41179332 Come on BCN - get that/those mines up and running.
ifthecapfits
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