Circassia Share Discussion Threads

[phil2003] 03/5/2005 22:43

do yourself a favour and atleast check out....... VML - VANE MINERALS

yes I'm ramping but hey, the wider (institutional) market still hasn't woken up to VML yet, incredible metals prospects but more importantly just announced 16 uranium producing sites. a long term winner (just imho obviously)

[sharecropper] 01/5/2005 16:57

Thanks topvest. I must have my wires crossed with CFM and SFU.

[topvest] 01/5/2005 13:13

sharecropper - you are incorrect. CIR are a clean shell with no investments as far as I am aware.

[sharecropper] 29/4/2005 11:34

Am I correct in thinking CIR have a decent sized shareholding in CFM?

If so, I am surprised that this has not moved up a bit on the recent WNL news. I also understand CFM will have a stake in SAIT. So, even without doing a deal on its own, its exposure to WNL (courtesy of CFM's sharholding) and SAIT (same) should have dragged this corpse off the slab by now, I would have thought.

[miamigo] 29/4/2005 11:15

I thought a deal HAD to be done by February this year, it being the second anniversary of its listing on AIM. Or have I got this wrong, or is the lSE not that bothered about it?

[camec] 28/4/2005 16:53

If there is something on the horizion, it would probably have to be something ongoing rather than a brand new project, due to the fact that Phill and Andy are pedaling flat out with WNL and the SAIT launch. imho

[benw99] 28/4/2005 14:06

what a waste of time this is turning out to be.

[pork belly] 27/4/2005 21:57

thanks for sharing that sharecropper. the value is "substantial" according to the RNS dated 07 Feb 05 (assuming its the same deal of course)


RNS Number:3035I
Capricorn Resources PLC
07 February 2005
Capricorn Resources plc ("the Company")

Statement regarding a possible acquisition.

The Company notes the recent increase in its share price. The Company is in
discussions that may or may not lead to an acquisition that would constitute a
substantial and a related party transaction, but not a reverse transaction under the AIM Rules.

A further announcement will be made in due course.

[sharecropper] 27/4/2005 14:36

Just thought I would update long suffering holders with a bit of gossip I heard last week when I was back in London. People are working on vesting an asset into CIR. I DO NOT know what it is, where it is, what value it has, just that it is being worked on. So, anyone wondering what, if anything, is going on, that's all I know, but it cheered me up a bit to hear it anyway.

[miamigo] 19/4/2005 14:18

Capricorn Resources PLC
19 April 2005

CAPRICORN RESOURCES PLC



Application has been made for the admission to trading on AIM of 1,125,418 0.1p
Ordinary Shares with admission expected to take place on 20 April 2005. The
shares are being issued as a result of the exercise of listed Warrants.




This information is provided by RNS
The company news service from the London Stock Exchange

[red ninja] 16/4/2005 22:53

Two months have passed since the yearly talk of a deal.

Yes it was done last year and the year before.

Surely hopes are now dim on this one.

Another year another 100k out of the kitty.

[wolstenhulme] 11/4/2005 12:22

Some were expecting BIG news this month - the price rise I guess is a delayed out of size buy.

Lets see what unfolds but expect a rise up to the high 5p to get back to where we were before the pump and dump we had in March which caused the sell off down to 4p.

[trevor1959] 11/4/2005 11:46

Looks like we're on the move again.

[buddabar] 08/4/2005 21:16

looking at most of the company share prices where Brian Moritz has directorship, my opinion and by the charts they have all made money soon after listing on Aim or LSE
stocks for companies share price approimate increase and decrease

cir 2p - 12p now down to 4.5p during past 24 months
can started a high of 15p now priced at 5p during past 12 months
mtlb now priced at 256p this stock has been a steady gainer/sp has fluctuated
NBR now 20p - 55p now sitting @ 35.5p
PIR was 33p now 15p 8 month period
sfu was 5p now 26p 32 month period down from a high of 42p
zar 1.5p reached hight of 6p now is 3p another faller from a high
wnl extream high now in suspension.........
zba opened and reached a high of 2.75p now at low of 1.5p

this says it all for anyone thinking to invest in this great team, take your chance looks like they have finace companies behind them, all the works to be honest, and all these companies must do some kind of deals behind closed doors, makes me wonder who they gonna rip off next to give great gains to, who is who in this TANK of BIG fish????? dodgy dealings i see hear...

Maybe im wrong maybe im right who knows, but all have one pattern in common they all rise sharply then crawl back down and stay down with exception of course.... dyor i will be doing more

[red ninja] 06/4/2005 19:58

According to the last interim results :-

"For the six month period ending 30 June 2004 we are reporting a pre and post tax
loss of £103,467 and no dividend is to be paid. We have kept expenditure to a
minimum and our cash position at 30 September 2004 was £306,100."

This company has cash of 306k and total assets of 348k.

Shares in issue are 64 million I make that a NAV of around 0.0054p a share.

However, there are also around 41 million warrants in issue exercisable at 1p.

Some of these have been exercised and its true they bump up the NAV per share as it is so low.

Have I made a mistake or is this really true ?

Seems incredible to me that these shares can have an offer price of 5p.

I mean even with an incredible deal how can it make Capricorn seem good value ?

Red

[sharecropper] 02/4/2005 11:37

Thanks Pork Belly - an excellent, well-researched and interesting article on WNL and - more importantly for us - the impressive clout Edmonds and Groves have in Africa.

[pork belly] 02/4/2005 09:50

interesting White Nile article yesterday , has a brief mention of Capricorn,Central African,Southern African :

[phil2003] 02/4/2005 02:06

atleast someone agrees with me - all stats still say going up (imho)
09:13:35 01-Apr-2005 5.00 - 100,000 - £5,000.00 Ordinary Trade
09:13:35 01-Apr-2005 5.00 - 100,000 - £5,000.00 Ordinary Trade
hold!

[sharecropper] 01/4/2005 10:50

I checked before the market opened and saw it marked down another .25p, and was intending to buy 5,000£ worth but the price changed at 8am, so I decided not to go for it. Good luck to whoever bought them though.

I strongly believe once WNL relists and attention can be focussed away from that company, we will see some action. I may be wrong of course!

[benw99] 01/4/2005 10:22

100k at 5p anyone?

[krebensis] 30/3/2005 09:59

Sharecropper,
I can afford to lose all of my investment but am never prepared to lose all my investment. Holding
;)
Regards
Kreb

[r33skyline] 29/3/2005 19:14

Sharecropper,
I like your style wish i had the balls to follow !

I sold some RTM to buy these ,wish you luck.

[sharecropper] 29/3/2005 18:58

My uninformed view is as follows: this company is close to an incredibly successful deal pipe - Edmonds/Groves, who are working very hard in Africa, and who have solid contacts, and who are being offered deals - good and bad - left right and centre. WNL is an example of a good one, carefully put together. CFM is also busy. I have also heard rumours of assets and deals being put into CIR, some very valuable ones, because they don't fit anywhere else in the stable.

I do not believe that the backers of CFM etc can afford to have a dog of a stock languishing in their stable. It would look terrible in the market. And we know they are spinning off a number of opportunities into new, soon-to-be listed companies. How would they fare if the credibility of the directors was shot through. Market logic tells me this will not happen. But other indicators also tell me that.

We also know CIR are looking at an acquisition (or more than one, depending who you talk to). It is just a matter of time.

But let me make one thing clear - I have lost a lot and made a lot in shares like this over the past 5 years. I am no expert, but I respect the opinions of certain people I ask advice of, and when I take a view, I back it. I bought a lot of CFM at 3.5p, when everyone I know was rushing to sell, and now they are selling at 11p. It's not rocket science, but neither is it widows' and orphans investing. I am prepared to lose all my investment.

I also see SFU, another one in the stable, has taken a battering. I sold at 41p, and I have watched it fall and still do not intend to buy back into it yet, although I will do if it dips below 25p.

And re today's drop in CIR - shaking the tree. There is nothing in the pipeline that could possibly have that impact on the share price (it's not like a well they have drilled has come up empty) It may fall further, and I may buy more.

This isn't supposed to be a scientific answer, by the way, just the way my mind works.

Best regards,
Sharecropper.

[miamigo] 29/3/2005 14:08

SC's buy doesn't seem to have shifted the mms. I wonder if they have droped the sp, in the hope of getting some cheap stock, in the knowledge that news is imminent?