Canisp Share Discussion Threads

[jimmyjagger] 23/7/2010 13:51

The RNS states "The strategy of Tri-Star is to evaluate the antimony resource"

The license may cover metals such as gold but that's not what they're looking for

[keya5000] 23/7/2010 13:27

I just dont know how people can say 'this is no SRSP' when we have not even seen the full details yet.

The only ones who can speculate are the ones who are party to a bit of inside info, everyone else on the positive & negative side is just stating their own opinion.

[elena saratov] 23/7/2010 13:25

I do think that todays news is very good.

A mine is basically just a field or a mountain.

Buying the mine at 300k could be very good business. Especially if they are making money from small scale production.

If someone approached the mine owner and offered to buy them out or invest in their business to realise the full potential that can be very good.

Of course it will require further investment and lots of it. But it can prove very profitable long term.

I do hope that we can stop abusing one another and encourage new investors to this BB.
All I posted was my own sceptical view, if that made investors here have disturbed sleep I am very sorry.

As for 1p opening price I must admit I am sceptical. But give it time who knows?

I will sell at 1.5p enough shares to double my money and have a free ride.

I am having a very good day. GKP, XEL, AMER, AEX are all up.

Good luck with your investment here.

[goz1986] 23/7/2010 12:44

well good luck safman in your future endeavors. Saying this certainly isn't the next SRSP (as you say an exceptional case) is hardly a let down, if old cn. does a 10th as well as SRSP I will be happy!

[safman] 23/7/2010 12:35

yes 90 million for a £300k acquisition. My last post here.

Best of luck chaps

saffy..

ps. I was here before most hoping another SRSP. Happens incredibly rarely and this certainly is'nt it.

[goz1986] 23/7/2010 12:33

10p without the dilution values cn. at around £90 million so with dilution that is a large old market cap! Sounds a little steep to me for a 12 month target but what the bloody hell do i know, all sounding very encouraging though..... :-)

[fightback999] 23/7/2010 12:25

Where's HOOT today. He's missing the fun!

[redimp98] 23/7/2010 12:22

JJ, this is gold. Await

[fightback999] 23/7/2010 12:22

Jimmy
have u got blinkers on!
Read LTinvestors post again!!!!!!!!!!!!

[safman] 23/7/2010 12:21

"after the admission document the RNS are going to come thick and fast. Then you will get the whole cake and it will be to much to eat . 4p to 5p ,12 month target price is wroung I think your looking at 10p to 12p in 12 months and 4p to 5p your looking at very short term ."

lol.. if it gets to 1p it will be huge success. Those are the most unrealistic targets i have ever come across considering placing at 0.09p and 0.1p. This is no SRSP and with the debt over 1 billion shares in issue EXCLUDING the 300K acquisition. No where near the mark.

One thing for sure is that Turkey is certainly a HUB now which i agree plenty of opps.

Again i wish shareholders luck, but for a mining venture £750k IS PEANUTS and 1 p will value at more than 10 mill.

Best of luck guys but those are incredibly unrealistic expectations. This could of been something if DEBT was converted at 0RD initially at 1p pr share. They fell 1/10 of conversion value at 0.1p.

saffy..

[redimp98] 23/7/2010 12:21

LTi, a few of us are singing from the same hymnsheet here.

£10k in CN/SRSP will be worth £100k+ within 12 months. Canisp will be off to a slower start, but will then yellow gold will overtake black gold.

Both are mega-deals. When you hear Satarov slagging off Hirscfield as one of life`s losers, you can be sure you are onto something massive. Hold on.


O/t There`s another big moneyspinner on the horizon, other than CHC. More on that later.

[jimmyjagger] 23/7/2010 12:18

A gold resource would've been better. Not sure if antimony will have much appeal to new investors and stale holders will probably be looking for quick exits

[ltinvestor2] 23/7/2010 12:12

Redimp this just a small slice of the cake there's alot more to come I mean a hell ov alot more. After the admission document the RNS are going to come thick and fast. Then you will get the whole cake and it will be to much to eat . 4p to 5p ,12 month target price is wroung I think your looking at 10p to 12p in 12 months and 4p to 5p your looking at very short term . I will not be selling my 10 mill shares on open that's for sure. You will find many people who did not buy in will be deramping this so they can get in . And the new people there going to bring on board are a very very high standard . This alone will put 1p on the share price .People may think am crazy about what am going to say but this will be be bigger then srsp in the future and if people do some research and look back you will find Mr H said the same thing in one of his talks . I have info that most people don't have and a very good mate close to the action and am telling you redimp this will be bigger in the longterm then srsp .They have under played the first RNS more to come m8 alot more good news. When you get the chance have a look at chc that's my next target and if you dig deep you will see why .Let's just say a mate is close to the action there hence my 10 mill holding there. Well done to all the bulls who stayed positive on cansip plc sorry iv not put the names down you no who you guys are . Bit of advice don't sell on open there's plenty to come later people will be diving into this on open . Good luck all.

[redimp98] 23/7/2010 12:06

Not as speculative as we are being led to believe.

Check out other operators in Turkey going down the gold trail.
Alamos, Eldorado, Newmont, Ariana, Koza.

Canisp has stumbled across something that they cannot quite believe. Details will emerge through a series of operation updates. Much more than first meets the eye.

[keya5000] 23/7/2010 12:01

I think a bit of a tell is the £750,000 working cap facility.

Not a massive amount but in this market raising such funds for a speculative project would be very hard given the existing asset base of the company, so there is a lot more to this deal than currently meets the eye.

Let's wait and see doc's should be issued shortly may even be Monday next week.

[redimp98] 23/7/2010 11:57

Read the CPR carefully when it becomes available shortly.

Then ask yourself how they are going to raise the cash to fund it. There is a big clue in this. Already a £750k facility has been made available. What`s more, there are some sophisticated investors being lined up to take the placing shares. They will all go, that is for sure.

This offering is far more than hopeful exploratory operation. At this stage, they are not fully letting on what the potential is.

Turkey is the latest hotspot frontier for mineral exploration and the big boy miners are coming in mainly on the look-out for one thing.

[rich80] 23/7/2010 11:50

Your right there comedy. Stick with it ignore the doubters and imbeciles and your in the cash.

[comedy] 23/7/2010 11:40

well seems the games are beginning afresh...now we will get negative posts as others will want in but want those who have sat through suspension to sell with the relief they get "some money out"...then watch how the share price will move upwards once they have loaded up...seen it so many times before. gl all holders seems like we will get a multibagger if patient.:)