Beowulf Mining Share Discussion Threads

[anley2] 13/10/2015 11:09

Forget WRES - its in a very different country and look at where and what BEM has.

Its the local people you have to help - in fact one local told me that one herder has to have 1000 raindeer to make a basic living and this has been part of the problem. Kurt knows how to deal with it but in Sweden you have a government which is a bit "green" and that is another consideration.

Well done for selling a profit...........let all this settle down as the next price is 4.5-5p.

[gavinbell] 13/10/2015 10:15

sold BEM with tiny profit. will drift lower as licence months away??

WRES which was granted European approval 2mths ago will get licence first

[anley2] 13/10/2015 08:46

Well here we are with or without an official licenses?

I have sold down some of my holding at just over 4p and that is what I have said I would do.

The next price is about 5p but only if Kurt pulls of a JV idea or news which gets the price going again.

[m_don] 13/10/2015 07:00

We certainly ARE one step closer! Happy days :)

[nash81] 12/10/2015 23:38

from lse

we are not one step closer in getting the licence. the question now how much longer waiting time for BEM to actually be granted the licence.

i recalled AMC got the final recommended, only to be given the licence several months after that. WRES 2 mths ago got a final recommended by spanish government for granted the mining licence, and yet WRES still waiting for the actual licence.

sp may rise this week but will it be sustainable, once traders aware that now its a waiting game?

anyway, i do hope BEM got the licence very soon, but definately by end of dec 2015. will see how share price span out this week.

[treetop91] 12/10/2015 22:21

This has to go upwards tomorrow,the MI recommendation fits with a government preparing the ground for an approval of the license to mine. It is falling into place and a formal approval followed by a partnership/takeover announcement will send this onto a new level.

[ileeman] 12/10/2015 20:40

After todays news chart looks set for a significant move higher.

Cant really see it on this chart but got an end of day close above major resistance, next resistance on the chart is at 6.25p.


free stock charts from uk.advfn.com

[superslob] 12/10/2015 18:08

Whilst I expected to see those with an agenda suddenly appearing, I didn't expect the MI taking 3 MONTHS to respond to a CAB letter when the MI had ALREADY given their rec in Feb 2015, subject to Govt clarification re Chapters 3 and 4 in the RNS below. The CAB then did a U-turn. Whilst welcome, isn't today's RNS just a reiteration of their position back in Feb? IMHO more time unnecessarily wasted by Swedish authorities.

Even if we get through this OK, I'm never investing in, visiting or buying anything from Sweden ever again, save for DVDs.

[45cmyh] 12/10/2015 17:32

No
Believe MC around 12-15m on licence(not issued yet)and nothing else in place and high risk of local protest/legal action etc etc IMHO

[colin12345678] 12/10/2015 17:13

45 amd nashers you fools waiting for funds to get in are we lol

Phoebus
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RE: 2nd monitoring extension
Today 16:54
While I agree the licence is not issued immediately, the significance of this news is that it indicates to the market that it can now attribute a much higher probability to it being issued. This derisks the share and will be reflected in the share price If there was a 30% chance of issuance at 3p a 90% chance of issuance would indicate an share price of 9p

[nash81] 12/10/2015 16:41

per RNS, we havent yet received the licence, maybe another 2 mths or so before licence is signed off

[45cmyh] 12/10/2015 16:38

Do'nt buy above 4p-this news is to pump shares imho

[bob310] 12/10/2015 16:23

UP 18% in Sweden !!!!

[anley2] 09/10/2015 16:12

Well everyone knows what I think about the value of BEM but for me its upward to around 4p as I think Kurt has some thing up his sleeve.........but he needs the licenses.

[abergele] 09/10/2015 13:21

Good afternoon Anley2,
The Chart is not sure whether to fall more or rise,it all depends who's gambling this or investing the long term,
I have been trying to guess the trades as such,because they are not quite correct,Had quotes of less than mid at times early in the week,so its a guessing game....but we shall hold,because we have hung on through the worst it threw at us,and to relinquish now is foley...imo

Personally I feel we will see it upwards rather than further to fall,
it is still well above the dma's..gl.

[anley2] 08/10/2015 15:21

and now over 5m at 3pm with some big sellers protecting their positions - could that be Lanstead - will know within 3 days...........

[anley2] 08/10/2015 10:20

Over 3m shares traded in the first 2 hours this morning...........makes me think!

[abergele] 07/10/2015 18:28

23blade,getting stronger each day,
I must go out again more often,a small rise each day will do,
sort the sells away from the buys a usual..gla

[anley2] 07/10/2015 10:12

Remember that BEM is still a very small mining company and in the event of the grant of a mining license the shares, in my view, are only worth about 4p per share. If Kurt can find a partner (with capital) then maybe 5p and that is where it stops until all the facts about profitability can asertained.

At 4p I will sell most of my holding and carry the balance for nothing having bought and then sold over the last 6 months.....a huge gamble but as I have said many times on this BB the value is in the ground and the price at 1.5p was dirt cheap at that time.

In the meantime thank you Kurt for getting the boat off the rocks and to the new broker for raising the last round of working capital.....that got the show going again.

[abergele] 06/10/2015 19:30

23blade,
.so sorry to read that...I believe that if conditions don't change for the worse with China,matters may pick up momentum..I hope so for your sake,but it will take time to get to 14.5p your levels...gl matey

[23blade] 06/10/2015 19:13

I'll do a YIPPIE when we get over my average of 14.5 p

[abergele] 06/10/2015 18:36

This nice rise and not even a yippie from anyone,
well here goes...YIPPIEEEEEE,nearly at breakeven...keep going BEM..

[treetop91] 05/10/2015 16:58

The underlying trend appears positive. October 9th is rumoured to be when the Swedish gvernment plans to make an annoucement about their application to mine after several appeals.Not before time but this could be acrucial week for Beowulf.