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BRM Brinkley Mining

1.60
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Brinkley Mining LSE:BRM London Ordinary Share GB00B15SQZ22 ORD 0.15P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.60 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Brinkley Mining Share Discussion Threads

Showing 2551 to 2575 of 2800 messages
Chat Pages: 112  111  110  109  108  107  106  105  104  103  102  101  Older
DateSubjectAuthorDiscuss
07/5/2010
14:16
If gunz has influence over the mm , then please get this up to 2.5p and I will gladly sell my 2 million plus.
jotoha2
07/5/2010
11:54
Looks liek Gunz is taking stock from the MM's at a small premium to the pric ewhich pi's are selling it...
sportbilly1976
07/5/2010
10:11
Yep.Under 250 quids worth. Dragon shares have been up and down past week hitting a low of 6.7cent earlier this week and closing last night at 8.1cent(thats an 8% increase on a very bad worldwide trading day) having gone as high as 8.5cent from memory.My guess is we will have an interesting three weeks lead up to the AGM
linney3
07/5/2010
10:04
Yet another albeit v. small addition to the Gunz pile but share price down 8% this time - no logic for share price fall just general (panic) market conditions imho.

May be news by agm later this month but dyor.

maytrees
06/5/2010
18:45
Well there's the key to Dragon and thus to the success or otherwise of BRM's investment in Dragon- extending the mine life beyond 2014. If they can manage that then Dragon's share price should start to motor.
chrismez
06/5/2010
09:27
March 2010 Quarterly Report
Dragon Mining Limited released the March 2010 quarterly report which highlights:

Gold production for the Dragon Mining Group of 15,530 ounces at an average cash cost of US$692 per ounce.
A new Mineral Resource of 292,000 tonnes @ 7.3 g/t gold (depleted to 31 December 2009) was completed for the Sarvisuo deposit at the Orivesi Gold Mine resulting in a 6% increase in ounces (68,700) and an 8% decrease in tonnes from the previous resource estimate completed in June 2009.
Very encouraging intercepts were received from sub-parallel drilling at Sarvisuo including 28.5m @ 6.03 g/t gold, 28.15m @ 6.81 g/t gold and 23.00m @ 12.32 g/t gold. These results will assist in determining if the Sarvisuo decline and mining will be extended below the 540m level.
A new Mineral Resource was completed for the Kujankallio deposit at the Jokisivu Gold Mine of 1.34 million tonnes @ 6.1 g/t gold for 261,900 ounces. This represents a 25% increase in tonnes and a 20% increase in contained gold compared to the resource estimate completed in January 2009.
An infill drilling program at the Arpola deposit at the Jokisivu Gold Mine returned very encouraging results including 2.0m @ 15.08 g/t gold, 4.10m @ 7.71 g/t gold, 4.40m @ 24.02 g/t, 3.10m @ 7.08 g/t gold, 3.25m @ 8.11 g/t gold and 2.85m @ 45.92 g/t gold. This program was designed to enable an update of the Arpola Mineral Resource and to complement studies to determine the viability of developing an underground operation at the Jokisivu Gold Mine. Indications are that the transition underground, encompassing both the Kujankallio and Arpola deposits, could commence early in 2011.
An aggressive exploration program commenced at Svartliden, with the objective of 22,000 metres of drilling being completed over the next twelve months. This program has been designed to potentially extend mine life at Svartliden beyond 2014. Much of the drilling will target the depth extensions, a portion of which is currently subject to an internal study in preparation for underground development which is expected to commence in 2010.
Gross cash inflow from operations for the quarter was $6.2m.

tamboerskloof
05/5/2010
15:28
Funny how they drop the price after gunz finished his little purchase , talk about manipulation at the highest level .
jotoha2
05/5/2010
13:55
I have put 750k on a sell at 1.3p.May as well take some of the upside if it is available at that price level
linney3
05/5/2010
13:43
ms --- Not too sure what you mean, I buy 100,000 at a time, best not to go in too heavy at first though, as we still do not know full intentions, it certainly looks like there maybe a RTO in the offing, strangly this is the only one that has gone blue for me to-day. Try a trade and see what you get, should be alright up to 500,000 if not do it in stages, it's up to you at the end of the day.
tamboerskloof
05/5/2010
13:40
150k is the limit

So Eurogold buy 1.15million at a price of around £11k and the share price rockets 50%.Lets hope they continue in their buying frame of mind ahead of the AGM

linney3
05/5/2010
13:09
wats buying limit online anyone
msufi1
05/5/2010
12:57
Hmmm - today's RNS shows Eurogold to be picking away at BRM at a penny or less - I can see this going on for some time, as they would appear to be under no compulsion to bid for the remaining 59%. Anyway at least the share price is responding positively on a bad news everywhere sort of day.
chrismez
05/5/2010
12:38
Nice RNS, looks like this is the bottom and it should rise from here.

TIDMBRM

RNS Number : 3834L
Brinkley Mining PLC
05 May 2010

?
For immediate release
5 May 2010

Brinkley Mining Plc
("Brinkley Mining" or the "Company")
Substantial Shareholding

Brinkley Mining was informed on 5 May 2010 that on 4 May 2010 Eurogold Limited
("Eurogold") acquired 700,000 Brinkley Mining ordinary shares of 0.15p each in
the capital of the Company ("Ordinary Shares") at a price of 0.95p per Ordinary
Share and on 5 May 2010 acquired a further 425,000 Ordinary Shares at a price of
0.95p per Ordinary Share. Accordingly, Eurogold is interested in aggregate in
145,875,000 Ordinary Shares representing 40.94 per cent. of the Company's total
voting rights. Peter Gunzburg, Chairman of the Company, is also Chairman of
Eurogold.

topinfo
04/5/2010
17:10
A tad off track Chrismez - the main bulk of their holding was acquired at 1.85p and the second tranch was acquired at 1.45(if memory serves me correctly) They bought a couple of million at under one penny in addition.

Bit of a rise today and I suspect the 750k trade may be theirs.The AGM at Month end might be another opportunity to announce a full take over.

gluefactory
04/5/2010
15:19
Glue - the problem as it seems to me, and I may very well be wrong about this, is that Gunz and Eurogold have already committed Investment Rape as you put it.

Two reasons:

(a) They have managed to acquire their entire 40% holding in BRM at about 1p

(b) More importantly they seem to have sidestepped (somehow) the requirement that anybody buying more than 29% of a company must make an offer for the remainder of issued share capital.

This last one has allowed them to sit back and bide their time, and I suspect they will continue to pick at BRM's bones as and when they feel like it.

Just some thoughts - correct me by all means if you feel I'm off track here.

chrismez
30/4/2010
10:15
I would question the penny max valuation placed by chrismez.The buy price spiked to 1.75p on the Tuesday following the initial Monday rise,and yes it has retraced to a penny currently.All we can do is sit around and watch developments but there are a couple of chunky investors who are not likely to sit around and let Gunz commit "Investment Rape"

Note the Dragon share price is a bit off currently at 7.8cent

gluefactory
28/4/2010
18:35
Interesting theory , cannot belief the bulk of holders will accept 1p , the share price is going nowhere for obvious reasons.
jotoha2
28/4/2010
18:26
Seems to me chaps that Eurogold were on the verge of makin an offer at circa 1p last week for the 60% they didn't already own.

Then the market got wind of it and the share price spiked.

Eurogold/Gunz backed off and BRM simply put out the Audited results.

Then as a consolation prize (once the share price reversed) back down to what they're used to paying, Eurogold trousered 1.5 million more - mere bagatelle to these boys.

They'll be back in for the rest - no question.

But they've shown their hand and they've shown more than once what they want to pay for BRM and unfortunately it aint a huge amount - 1P per share max.

What interests me is that Gunz is Chairman of both BRM and Eurogold - does he advise Eurogold when to buy BRM ie when 'the price is right'?

!!!!!!!!!!!!!!!!!!!

chrismez
26/4/2010
14:45
Latest RNS reports Eurogold added another 1.5m BRM shares last week
at 0.9p.

IMHO this adds support to points made above by Chrismez. Having sold some for short term gain b4 the RNS I SIPPed a few for longer term afterwards. Wouldn't have taken the gain if I'd seen the RNS first.

DYOR

maytrees
26/4/2010
12:44
For immediate release
26 April 2010

Brinkley Mining Plc
("Brinkley Mining" or the "Company")
Substantial Shareholding

Brinkley Mining was informed on 23 April 2010 that on 21 April 2010 Eurogold
Limited ("Eurogold") acquired 1,500,000 Brinkley Mining ordinary shares of 0.15p
each in the capital of the Company ("Ordinary Shares") at a price of 0.9p per
Ordinary Share. Accordingly, Eurogold is interested in aggregate in 144,750,000
Ordinary Shares representing 40.62 per cent. of the Company's total voting
rights. Peter Gunzburg, Chairman of the Company, is also Chairman of Eurogold.

tamboerskloof
20/4/2010
15:24
Jotoha - dont forget Gunz is invested in Dragon three ways - firstly thru Eurogold, secondly thru BRM and thirdly he has put his own and his family's private resources into Dragon.

He seems to want as much of Dragon as he can get his hands on.

He's got 40% of BRM at the moment - so why wouldn't he want 100% of BRM.

What that would do is increse his investment in Dragon still further.

So much the better if he can pick up that extra 60% of BRM on the cheap.

Then as glue says - there may be plans afoot - what those plans are - LSE or otherwise are anybody's guess.

But what is clear is that Gunz is fixated on Dragon and determined to buy as much as he can.

Although shareholders in BRM we are in effect the audience, waiting and watching this performance by Gunz. Watching to see if his belief in Dragon is going to bear fruit for him - cos if it does, then we benefit as well.

chrismez
20/4/2010
11:44
So far Eurogold have built up their presence by buying out two sizeable investors.There are still two chunks left - RAB Special Situations with over 10% and a Gibralter investor with close on 4%.It would not surprise me if Gunzburg is actively pursuing these as it makes more sense than trying to acquire on the open market.(Although Eurogold did purchase a 250k bolt on a couple of months ago wich seemed a little strange)

Jotoha - perhaps a piece of Gunzburgs plan is to launch Dragon(if he acquires it) onto the London market via BRM as their mining activity is basically Scandinavian


All my own thoughts - but either way I am now a 6/10ths of 1% investor in this one - thats 66 times less than Eurogold :)

gluefactory
20/4/2010
10:10
glue , if a reverse takeout is the plan , how would that benefit Dragon , can see the attraction for gunz , a bit more time will confirm the plans going forward.
jotoha2
20/4/2010
09:56
Thats normal for a PLC Tambeoerskloof - indeed there are a couple of other Directors up for re-election.
gluefactory
20/4/2010
08:51
It may be of interest if you guys went to the Dragon website and read resolution 4, for the forthcoming AGM, there you will see that PG is up for re-election on the 25th May. Also on the ASX releases 'Daily Buyback option'
tamboerskloof
Chat Pages: 112  111  110  109  108  107  106  105  104  103  102  101  Older

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