Beowulf Mining Share Discussion Threads

[runwaypaul] 27/1/2017 17:16

like I said...maybe an idea to switch some profits into WAFM.atb

[badmashy] 27/1/2017 16:24

Wait till next week then 8p is on. Goodluck

[blueball] 27/1/2017 16:01

Lovely cheers mate.

enjoy your meal.

[badmashy] 27/1/2017 15:59

Looks to classic case of pump and dump. Very soon back to under 8p. Afternoon was a show what can happen with slight sell off. Very risky to be in this share especially trying to trade it. AMC on there other hand is great potential and safe bet.

[steeplejack] 27/1/2017 15:50

INCREASED INTEREST FOR SHARE, BUT NO NEW INFORMATION -Vd (Direct)
2017-01-27 15:52
STOCKHOLM (AFX) Mine exploration company Beowulf, who wants to build an iron ore mine in Kallak outside Jokkmokk is the last week's winners, after a rise of over 90 percent in the share very large turnover.

Some specific news that can explain the fluctuations of recent days has not been released, but the interest in the company has increased since the recent issue is clear.

It says CEO Kurt Budge to the news agency Direkt.

"We do not have any news about the licensing process for investors. However, we did just before Christmas a new issue in Sweden, which increased the share of Swedish investors to over 51 percent - and since then the share price has risen. When I came to the company two years ago, Swedish investors do not even 15 percent, "he says.

To seek finance in Sweden is part of the strategy to anchor the mining project locally. By SEK 10 million taken out in the country has the active Swedish 'investing community' probably become aware of the company, the reason Kurt Budge.

"Swedish investors expect obviously that we are approaching a decision, and such a positive," he says.

The latest communication in the licensing process is from November 2016. The County Administrative Board of Norrbotten were then extra time from the Mountain State, dealing with matters relating to the exploration and exploitation of minerals, to answer questions about Kallakprojektet. County Board now has until the end of February at himself, then Mountain State shall make a decision.

"I think quite honestly that we have done the work that needs to be done. We have received the support of the County Board earlier and also a recommendation from the Mining Inspectorate. I think if it had not been for the Supreme Administrative Court's decision in February (in another case - ed. ) we had already received a mining concession, "continues Beowulf manager.

Kurt Budge describes 2015 as a year when the company was stabilized and major progress was made regarding Kallakprojektet. Since then, the licensing process continued and in 2016, Beowulf has invested in creating new growth opportunities, including through the study of graphite deposits in Finland.

To develop Kallak Beowulf in its current form, however, far too little.

"It's a big project and it is natural to look for a strong partner. We need someone who really wants to see Kallak in production," says Kurt Budge.

[steeplejack] 27/1/2017 15:18

There's a new kid on the block and that's Stockholm.

The volume traded on the Stockholm exchange this week has dwarved London.On Monday,share traded amounted to 18 million shares,on the 24 Jan-18m,25th-34m,26th-41m and today the volume on the Swedish exchange seems likely to again top 40 million shares traded.Taking yesterday's volume of 41million shares traded,by value that represents around £6m worth of stock traded,approaching 10% of the total equity.By comparison,with recent volume of around 5 million daily,the worth of stock traded on the AIM market is around the £600,000 mark.Simply put,the value of shares traded in Stockholm has this week been some 10 times bigger than London.

If it is a spike,it's a Swedish induced spike and I would like to think that the swedes are closer to the action than punters in the AIM market ie I would afford the share price leap more credibility because it has emanated from Sweden.Wishful thinking perhaps.



As I post ,Stockholm has just plunged 20%!!.....same old story,wishful thinking indeed!

[blueball] 27/1/2017 15:03

Lovely cheers mate.

enjoy your meal.

[neo26] 27/1/2017 14:58

If you love graphite, check acp, met test results on Monday or Tuesday.Dyor..

[andrea152] 27/1/2017 14:38

Only thing worrying me , is this huge spike, which looks pretty freaky. We know what happened the last time it did this - lets hope it doesn't repeat itself , given that we've still one full month to wait before the Kallak Decision is delivered.

IMHO, DYOR.

[blueball] 27/1/2017 11:57

Lots of buying this afternoon.

[abergele] 27/1/2017 09:41

Yes ,
I know where you're coming from, but if you can balance the books so to speak,it's all for the good..nothing wrong with a profit,,how many hits have we all taken on shares in the past eh...gl

[liberatingsteptoe] 27/1/2017 09:36

Just sold a sixth of my holding........and got half my stake back. Feels like a betrayal as have been here for rather longer than I can remember and have never sold before. However, needs must and nothing like a bit of a safety margin. Hoping it now goes even better.
LS

[abergele] 27/1/2017 09:13

Liberate..
I was just refreshing it time and time again,yet it's never touched the prices paid this last 10 mins or so,,very strange..gl a lth's..

edit,
Ah there's the answer,it's running 15 mins behind the trades as it seems now..

[liberatingsteptoe] 27/1/2017 09:10

Lots of buys at about 17p but the quote on Monitor is 14.75-15.75 ???
LS

[abergele] 27/1/2017 08:26

I'm out for now reached my 15p as forcast..gla...don't like peaks and sudden ones

[zedder] 27/1/2017 08:09

No sign of this momentum slowing.

[neo26] 26/1/2017 21:21

ok guys, another graphite explorer to watch next week, ACP Met test results due by end of Jan.

They have high grade graphite and substantial resource, only valued at 7m.

Jorc resource estimation of 40.87Mt@9.41TGC and "Strike remains open on three aspects –length, width and depth highlighting significant potential upside to current resource"

Armadale Capital

[blueball] 26/1/2017 20:25

stay long.

[bigdazzler] 26/1/2017 16:08

Well sold half of my holding today as around a resistance point. Nice fat profit cheers Wolfie.

[blueball] 26/1/2017 11:00

Some resistance at 17p but after that straight to 20p.

[runwaypaul] 26/1/2017 10:00

this ones done its run

switch into WAFM

for a repeat atb