Bacanora Lithium Share Discussion Threads

[12bn12bn] 11/6/2015 21:17

A few big buys in Canada just before close. No tweets from DL on AGM.

[12bn12bn] 11/6/2015 17:36

looks like DL is tweeting during the AGM which started at 10am Calgary time. 5pm our time.

david mcintosh ‏@DMacMe2007 1h1 hour ago
@DavidLenigas Dave Question ? Have you got Kiran in tow !! .

david lenigas ‏@DavidLenigas 29m29 minutes ago
@DMacMe2007 Nope. He has too much work to do in London.

[12bn12bn] 11/6/2015 17:32

No leaks in Canada looking at the trades!

[rick124] 11/6/2015 15:42

Doing ok in Canadian market again!

[senttothegallows] 11/6/2015 13:47

You need to be more worried about a bid than a placing.

[rwauu] 11/6/2015 12:59

To 12b just sell the junk and we all done???

[senttothegallows] 11/6/2015 12:20

JA

You would make more money at the comedy store.

[mr j ahmed] 11/6/2015 12:09

12bn12bn,maybe you should to going into the twitters and telling the lenis that the bcn prices is needing some pumping up and if she can sparing some more of the rem shareholders monies to pump her again,hahahahaahhahaahahahahhahahahhaaha

[12bn12bn] 11/6/2015 11:56

I shall be keep an eye on Canadian prices today. What chance of news after 5 pm?

[mr j ahmed] 11/6/2015 11:55

is very easiest in the resources game to make worthless junks look like value,all the secrets to the reality are in the small print where you find the risks to licences and risks to the viability and risks to raising monies and risks to unproven extraction methods and so many other risks who is hiding in the corners.

[mr j ahmed] 11/6/2015 11:52

maybe is worth 4p and this why she always fall back when the related company rem shareholders monies is stop pumping her up.





"Although the Directors will seek to minimise the impact of the Risk Factors, investment in the
Company should only be made by investors able to sustain a total loss of their investment. Investors
are strongly recommended to consult an investment adviser authorised under FSMA who
specialises in investments of this nature before making any decision to invest"




march report 2015

"The Company is a development stage mining company engaged in the identification, acquisition, exploration and development of mineral properties located in Mexico. The Company has not yet determined whether its mineral properties contain economically recoverable reserves.



"The Company has generated accumulated losses of $1,319,310 (2013 - $1,281,794) and the shareholders' equity of its subsidiaries incorporated in Mexico have decreased to an amount less than one third of their share capital which, according to Mexican laws, may be a cause for dissolving a company at the request of any interested third party.




__________________________

listing printing.

Land access to the concessions of the Magdalena Borate and Sonora Lithium Projects

Whilst a concession holder is granted certain access rights by the Mexican authorities, as referred to in
Part I of this Document, no formal access rights to the concessions of the Companyhave been obtained by Bacanora Minerals with local landowners to date. At present, the Company has informal arrangements allowing the exploration, drilling and sampling to take place. Should the land access not be allowed for whatever reason, there is a risk that the Companyâ€;™s operations could be materially adversely impacted






If the Project advances to the development stage the Company will require several
Federal and State permits including:
1. the Preventative Notice (Informe Preventivo);
2. the Environmental Impact Assessment (Manifestación de Impacto Ambiental);
3. the Risk Study (Estudio de Riesgo);
4. the Permit for Change of Land Use in Forested Area issued by the State
Delegations of Secretary of the Environment, Natural Resources and Fisheries
(SEMARNAT);
5. a PPA (Accident Prevention Program);
6. an Explosive use permit (Secretaría de la Defensa Nacional);
7. a water use permit (Comisió;n Nacional del Agua);
8. an archaeological land “liberationâ364;�, based on authorization by the Instituto
Nacional de, Antropología e Historia; and
9. a notice to the state and municipal authorities (i.e., local construction permits,
land use change, etc.).

[senttothegallows] 11/6/2015 10:56

Dosser I think this is conservative.

[dosser2] 11/6/2015 10:52

Like your optimism! £4 and mr Ahmed gets burnt to bits!

[senttothegallows] 11/6/2015 10:45

Some were happily buying at circa £1.07 I suspect this will run again very soon.

All of the above looks like this is building up nicely for a takeover battle. I expect bid and then counter offers. If this is going to go short term £4 may win the day.

[12bn12bn] 11/6/2015 10:29

Ingeneous got 10m @ 30 cents. My first buys were @ 40 cents and safely tucked away in an ISA.

[hutch_pod] 11/6/2015 10:20

Good point on Canada. I've never thought about buying over there.

[12bn12bn] 11/6/2015 10:06

It is also a good time to sell BCN when REM are buying and then buying more BCN when the price drops. I have done better on Canadian market with BCN than London.

[steeplejack] 11/6/2015 09:44

Interesting.....but what is it that motivates the timing of REM's purchases of BCN stock.Is there an external stimuli (Tesla developments or lithium price moves etc) or is the decision to buy random?REM was probably prompted by recent weakness in the BCN price to top up.Whatever the stimulus to buy,REMs presence supports the price and buying by REM is almost certainly very insightful.

[12bn12bn] 11/6/2015 08:50

It is REM that is pushing the price up!!!
If you look at BCN share price over the last two months the only time it rises in Canada it coincides with REM buying.

Jun 8/15
Apr 10/15
Apr 8/15
Apr 7/15
Apr 1/15
Mar 2/15

In the UK it was the same on;
Mar 2/15
Feb 17th-20th/15

[12bn] 11/6/2015 08:39

SP dropping fast now that DL has stopped buying for REM. The question is 'when will the placing arrive here'?

[livinginhope] 11/6/2015 08:16

Weakness will provide a good opportunity for REM to buy more BCN at levels below the last couple of days.

[12bn12bn] 11/6/2015 08:02

2015-06-10 20:56 ET - News Release


Mr. Guy Walker reports

IGNEOUS CAPITAL LIMITED FILES EARLY WARNING REPORT REGARDING BACANORA MINERALS LTD.

On June 9, 2015, D&A provided written authority to Guy Walker, who is the corporate secretary of Igneous Capital Ltd., to attend the annual and special meeting of shareholders of Bacanora Minerals Ltd. scheduled for June 12, 2015, to vote the 5,303,030 common shares of Bacanora controlled by D&A. Such authority was provided to Mr. Walker in his personal capacity and not as an officer of Igneous. As a result, D&A may be considered to be acting jointly or in concert with Igneous, such that Igneous is deemed to beneficially own the D&A shares. Following this authorization, Igneous holds ownership and control of 15 million common shares of Bacanora directly and has control over 5,303,030 common shares of Bacanora through D&A, for a total of 20,303,030 common shares of Bacanora, which represent approximately 24 per cent of the issued and outstanding common shares of Bacanora. This press release is issued pursuant to National Instrument 62-103 (the early warning system and related takeover bid and insider reporting issues), which requires a report to be filed on SEDAR containing additional information with respect to the foregoing matters. A copy of this report may be obtained by contacting Igneous Capital at 55 Marine Parade, Eastbourne, Lower Hutt, 5013, New Zealand.

[lynnton] 11/6/2015 07:09

Igneous Capital Limited Files Early Warning Report Regarding Bacanora Minerals Ltd.Source: PR Newswire (Canada)LOWER HUTT, NZ, June 10, 2015 /CNW/ - On June 9, 2015, D&A provided written authority to Mr. Guy Walker, who is the corporate secretary of Igneous Capital Limited "Igneous"), to attend the annual and special meeting of shareholders of Bacanora Minerals Ltd. ("Bacanora") scheduled for June 12, 2015, to vote the 5,303,030 common shares of Bacanora controlled by D&A (the "D&A Shares"). Such authority was provided to Mr. Walker in his personal capacity and not as an officer of Igneous. As a result, D&A may be considered to be acting jointly or in concert with Igneous, such that Igneous is deemed to beneficially own the D&A Shares. Following this authorization, Igneous holds ownership and control of 15,000,000 common shares of Bacanora directly and has control over 5,303,030 common shares of Bacanora through D&A, for a total of 20,303,030 common shares of Bacanora, which represents approximately 24% of the issued and outstanding common shares of Bacanora.This press release is issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which requires a report to be filed on SEDAR (www.sedar.com) containing additional information with respect to the foregoing matters. A copy of this report may be obtained by contacting Igneous Capital at 55 Marine Parade, Eastbourne, Lower Hutt, 5013, New Zealand.SOURCE Igneous Capital Limited

[lynnton] 11/6/2015 06:50

Early warning rns Canada for possible take over.