Bns Telecom Share Discussion Threads

[red ninja] 11/4/2006 08:13

Ash,

No I was not there.

I guess you listened to the presentation though.

The Stillwater part was well presented I thought with all the potential horizons, but thats not really news although it reinforces the potential of the project.

In SA looks like they've lost time 2 weeks due to Christmas, other time due to the complications of power cables and are still drilling.

Red

[mr ashley james] 10/4/2006 22:38

Red Ninja,

Did you get to the Sachs Forum today?

I was invited but not really interested in these big presentation things, and hundreds of brokers etc doing the rounds.

Any feedback?

Cheers

Ash:)

[cestnous] 09/4/2006 19:00

Ash

Many thanks for the detail. I will have to sit down and work through this and all the other info to come up with a 'feel' for the mid term prospect. Hope I can do this before news of SA.

Cheers

Nous.

[cestnous] 09/4/2006 18:04

Red; Thanks for the input

Ash;

Sorry, I was of course refering to the American projects. I understand the environmental obstacles, its the time scale for developing them that I'm trying to work out. Thanks for the info.

[mr ashley james] 09/4/2006 17:46

Cestnous,

Sorry to my knowledge BTP have no Canadian Projects their key North American Projects are 850 Mining Claims Licences in the Stillwater Complex, Montana USA Surrounding the Stillwater Mining Inc NYSE:SWC Stillwater and Boulder Mines.

The key reefs there are the JM Reef, Chromite A, B and C Reefs for PGM Deposits.

As far as I understand it the Chromite B Reef is the most exciting so far refer recent 112 g/t PGE sample from Rock Out crop, and previous Anaconda Drilling Results.

I stress this is in fact Politically High Risk in that you are unlikely to get an Open Pit Mining Licence in Montana in 2006 due Environmental Lobby, hence all targets are UNDERGROUND MINING Targets, hence you need high grades to confirm economic feasibility.

SWC typically mine around 18 to 20g/t roughly at 77% Palladium and 23% Platinum grade split.

Looks like Palladium set up for a move to around US$381 next week if a Beta Wave Zig Zag developes as I expect.

Tightening Bollinger Bands herald the move I think.



All IMHO, NAG, DYOR etc

Cheers

Ash:)

[red ninja] 09/4/2006 12:50

Cestnous,

I agree with you I think the Stillwater claims could take a reasonably long time to explore given the limited drilling season. They have got 2 drilling rigs this summer so there hopefully will be plenty of good news releases. They can start in May and I guess they finnish in October at the latest. However, the grades are good the possible strike length is increasing and Montana is a politically safe part of the world to drill in.

Drilling in SA obviously makes sense as a) it is the primary source of platinum and b) the stillwater claims cannot be drilled during the winter months.

We should not have too long to wait for Desert Charm news. Conceivably news on Monday at the forum.

Red

[cestnous] 09/4/2006 12:01

Red

I have not bought into this as yet because I think that the complicated nature of the Canadian deposits will mean that they will take an age to prove up and properly define the ore bodie(s). Also, I didn't see it soon enough to get in at a low enough price. At the same time the possible grades look amazing. Also,if the SA venture does not come off, I feel that the price may fall back somewhat. Do you think that they are trying SA to attempt to generate some income sooner than they can in Canada.?

[red ninja] 09/4/2006 08:21

BTP at European Investor Metals and Mining Forum :-

M Johnson speaks at 3 pm on Monday 10th April 2006. Scroll Down

[red ninja] 01/4/2006 13:41

I invest and trade in shares not BB posters.

[holdontightuk] 01/4/2006 11:02

I am interested in BTP, not you Ashley.
Good movement again yesterday and good volume as well.

[mr ashley james] 01/4/2006 04:50

Iridium at highest level since July 2002!
By Jon Nones
31 Mar 2006 at 02:11 PM

Spot iridium, a minor platinum-group metal (PGM) used in chemicals and electronics, was last quoted at $300/320 an ounce on Friday, up some $50 from a week ago - the highest since July 2002.

Traders said end-user buying in a small market lifted prices that have risen some 82% in a year, according to MiningWeekly.

"The market is going up, and it is industrial demand. Unlike other metals, the influence of speculators is limited," a trader said.

Platinum is near record highs of $1,093 an ounce, while palladium has touched $348 an ounce, its best for over three years. Rhodium hit hit levels around $4,300 an ounce at the start of the week, the highest since 1991, but has since settled back at $4,000/4,100

[red ninja] 30/3/2006 11:53

HOT,

I don't want to get personal either.

I was just posting what I thought.

However, it seems that is not the perscribed view.

[holdontightuk] 30/3/2006 11:49

I think you have finally worked the guy out, Red. I like some of his picks, but that's about as far as it goes. Dont like to get personal, but I thinks he's potentially certifiable.

[red ninja] 30/3/2006 09:00

Actually you're quite wrong.

I hold all the shares of the boards I post on. I am not
attempting to deramp at all. I just like to see a
balanced picture be that good or bad.

Given that there are only 2 weeks to the loss of this option
on Desert Charm I'm not overly confident that there will be
good results, who would be ?

Notice SUBTLE means non obvious and TRANSPARENT
means clear and obvious, both cannot be true in your
contradictory post.

Does that mean you cannot accept any counter viewpoints ?

In other words the only posts you really like on your threads are
ones that subtly or not so subtly ramp ?

Apart from that I back your view that Palladium is set to go higher and
I also think that the market for Platinum is looking good.

I also respect the work you have done in setting up this and your other threads.

[red ninja] 30/3/2006 00:02

Ash,

BTP experiencing good volumes and upward price movement in recent days.

I guess its partly the effect of Platinum/Palladium strength, but probably
mostly buying in advance of Desert Charm results.

Its hard to call the Desert Charm results. If they were a dead loss I'd have
thought we'd have had a release by now on the other hand maybe they're still
desperately trying to hit the Platinum reefs.

Regards

Red

[Abuse team] 24/3/2006 20:30

Post removed by ADVFN

[alexandrews] 23/3/2006 01:20

BTW, how do they compute that the company has "£1.3 million of net funds at 31 January 2006"? I make it that they have net DEBT of ~£1.5m...

Alex

[alexandrews] 23/3/2006 01:17

Just came across this company. Have to agree with the gist of DEMARK's post. And I too was wondering how the directors managed to pick up stock at 35p; the only explanation that I could come up with was that a large holder (probably from the IPO) wanted to unload a substantial quantity of shares following the pretty disastrous results, so contacted the company to find out if the management would take it (or some of it), possibly because the MM's wouldn't. Anyone got anything better?

At the end of the day there is at least one other listed company which is similar in size and operation but with MUCH better figures and financial performance...

Alex

[holdontightuk] 22/3/2006 17:53

PFN also moving up nicely!

[mr ashley james] 22/3/2006 17:25

HOT,

Not surprisingly.

It looks like Palladium is on the verge of a chart break out currently.

Here's to hoping.



Pd has hit US$324.50 per toz twice in June 2006 Futures.



All IMHO, NAG, DYOR etc

Cheers

Ash:)