Fair Oaks Income Share Discussion Threads

[englishbeakfast] 13/10/2010 11:36

gone
"rumour" as you say + Thornaby disposing of their shares big time in recent weeks

[englishbeakfast] 13/10/2010 11:18

..as what news filters through ?

[gonefishing3] 13/10/2010 11:12

TPJ buy limits slashed from 500k to 50k online 2v1 on the move as news filters through

[huttgl] 13/10/2010 11:00

WTI due to start production from two copper mines in Namibia in Q1 2011. Other projects also being progress for development and exploration. Debt free. Doesn't seem to be on many folks watch list. Been holding for a while myself and it's now showing some strong stirrings. Good presentation on the company website.

[ilostthelot] 13/10/2010 09:12

AAZ chart breakout!

[pro_better] 13/10/2010 09:08

SNRP


under the radar and significant undervalued....


150m tonnes of coal...mcap at £10m....


even if they sell £1/t they make £150m!!


the 150m tonnes are only from the 3% of their asset...!!!! the rest 97% is not drilled yet!! world class coal asset!!


takeover target...they rejected bids at 15p (twice)...now they are at 11p!!


CZA bigger shareholder 20%...


feasibilty study shows project is viable...


customer next door, plus international clients interested to sign contracts (news soon on new contracts)........

[fairdeal2008] 13/10/2010 08:55

TODAY'S SUGGESTIONS (updated 8.55am 13/10/10):

1. Gold stock still to breakout:

Ariana Resources: AAU


This remains my number one focus. Simply has not had its breakout phase and with a JORC update due the rerating has to be close.

Operates in Turkey although may wander to other nearby countries in due course.
Resource update due (500k ounces soon), Gold Production JV in place, Mine Feasibility underway, Massively important JV with European Goldfields for exploration and £1mn cash. The perfvect uber gold explorer and has not had its gold breakout moment. Its got to be coming.

2. Searching for gold in some of the best territory in the world - West Africa:

Goldstone Resources: GRL


This company has licences in some of the most exciting territory (Ghana and Senegal) where they are literally surrounded by multimillion ounce deposits. In Ghana they are on the same trend as the 42million ounce Obuasi deposit. Simply stunning and to top that they have a solid existing JORC including measured and indicated and applications for two licences covering two guge anomolies in Gabon. Add to that their £4million cash pile and you have a fantastic gold opportunity imho.


3. Just out and out value:

Electrum Resources: ECR


Sticking with ECR because the diversity and depth of the protfolio still isnt recognised. This has to be the best value opportunity I have seen for months yet, as with CNR at 0.8p, many folks will still not buy it until it fhas gone up 5x..... In the meantime I keep buying (have to confess I bought 250 at 1.59 on Monday which looks stupid today but may look stunning tomorrow ;-)

[bonsoir7] 12/10/2010 23:18

The Simple Facts on OMI Orosur Mining

Share Price : 50p
Market Cap : £30m ($50m)
Net Cash : £6m ($10m)
EV : £24m ($40m)

Production Asset :
Uruguay : San Gregorio producing 55k oz of Gold p.a. at $825 cash cost
Annual Cashflow potential ($20m+) : Delivered Q1 $5m of cashflow in todays results

Exploration Assets :
Chile : Pantanillo
Existing 1m oz JORC/NI Resource (mostly in Measured category) (potential for 2-3m oz)
Further potential in excellent silver grades discovered (1546g/t Ag !)

Valuation : on Production valued at 2x Cashflow with Exploration in for zero

An Edison type valuation of the Pantanillo property would be (1m * $340/oz) = $340m vs current $40m Enterprise Value

[ploppy nobkin] 12/10/2010 17:09

Rare Earth Elements (REEs) or Rare Earth Metals or both?

[baht] 12/10/2010 13:14

Does anyone have any Rare Earth based investment suggestions or alternatively reasons why to avoid the sector.

Thanks in advance

[goldmining1] 12/10/2010 13:05

g3 tnx bought on plus and created a new thread see the xstrata $20m+ investment as massive and i see they have 3 gold and 2 uranium mine investments popular soon i think.

[gonefishing3] 12/10/2010 12:37

mms closed the door on IMIC no buy quote incredible phone only

[smudge104] 12/10/2010 12:35

"2 for you, RGD, will be 50% higher in 4 weeks, listed in shares mag this month as the second cheapest stock sales to MC, and PAF a fantastic gold play at under 10p paying a good divi."

thanks for the other tips ill take a bit of research time later today


NOT BAD SO FAR TODAY, RGD will be in the 30s very shortly

[sportsauto] 12/10/2010 11:48

AAZ

Minister: Gold production in Azerbaijan to increase by six times by 2014





Azerbaijan, Baku, Oct.12 / Trend I. Khalilova /

By 2014 the amount of gold production in Azerbaijan will increase by six times, the Minister of Economic Development Shahin Mustafayev said during the discussion of the draft of public budget for 2011 at the Azerbaijani Parliament's plenary session.

"Increase will be achieved through the expansion of gold mining at the Gedabek mine," Mustafayev said.
Based on the State Statistics Committee, the country produced and sent to clean up 1.2 tons of gold since early 2010.

Anglo Asian Mining Plc owns the rights to develop six fields in southwest Azerbaijan - Gedabek, Ordubad, Gosha Bulag, Gizil Bulag, Vejnali and Soyutlu. The concession is based on PSA agreements signed with the Azerbaijani government in August 1997.Azerbaijan's only gold producer, Anglo Asian Mining Plc, has extracted 19,214 ounces of gold in the third quarter from the Gedabek mine, as a result of which the total production for three quarters of 2010 reached 47,711 ounces.

The PSA was signed between the Azerbaijani government and the Azerbaijan International Mineral Resources Operating Company (for 30 years). Azerbaijan's share is 51 percent, and Anglo-Asian Mining's is 49 percent.

Gold and silver were first mined in Gedabek in May 2009. In general, plans cover mining more than 300 million ounces of gold on this field before 2015

[gonefishing3] 12/10/2010 11:14

IMIC .went 2v1 up 42% no buy quote all morning looks like a re-rating XSTRATA investing $20m+.
Our Company

Rainy Mountain Royalty Corp. is a Canadian focused exploration company based in Thunder Bay, Ontario. The company explores for copper, zinc, nickel and precious metals in northwestern Ontario. One particular focus is on the platinum group metals in association with copper and nickel.

Thunder Bay is a major mining hub with ready access to rail lines. Road links extend to the Trans-Canada Highway and Highway 61 leading to the United States border, less than one hour south of Thunder Bay. The Port of Thunder Bay on Lake Superior links through the Great Lakes and the St. Lawrence Seaway to destinations within Canada, the United States and internationally.

Rainy Mountain Royalty Corp. has three flagship assets plus an active portfolio of early stage projects.

News Releases

Rainy Mountain Grants Option On Powell and Clay Properties, Ontario
West Vancouver, British Columbia – September 22, 2010 – Rainy Mountain Royalty Corp. (the "Company" or "Rainy Mountain") together with its joint venture partner, Mega Uranium Ltd. ("Mega"), have entered into an option agreement with Fairmont Resources Inc. ("Fairmont") entitling Fairmont to acquire a 70% interest in its Powell and Clay Properties.

[gonefishing3] 12/10/2010 10:46

IMIC our company rainy mountain corp.
CASH ROLLING IN.


Rainy Mountain Royalty

Rainy Mountain Royalty Corporation is a Canadian focused exploration company based in Thunder Bay, Ontario. The company explores for copper, zinc, nickel and precious metals in northwestern Ontario. One particular focus is on the platinum group metals in association with copper and nickel.

Thunder Bay is a major mining hub with ready access to rail lines. Road links extend to the Trans-Canada Highway and Highway 61 leading to the United States border, less than one hour south of Thunder Bay. The Port of Thunder Bay on Lake Superior links through the Great Lakes and the St. Lawrence Seaway to destinations within Canada, the United States and internationally.

Address:
2489 Bellevue Avenue
West Vancouver, BC
Canada
V7V 1E1

Telephone Number: [phone]
Fax Number: [phone]
Website:

[baht] 12/10/2010 10:38

Chariot Oil & Gas Limited trading on AIM epic CHAR, is an independent oil and gas exploration group, focused on the exploration of the South Atlantic margins, specifically Namibia.

I am no expert ref Oil Shares but I have the same intuitive feeling about these that led me to buy 250,000 Mariana at sub 6p. I think the potential here is fantastic providing of course that good vibes translate into "Oil in the Ground" This could be as big as the recent Offshore Brazil finds!

From the original pr & admission docs:

The Directors consider that Chariot offers the following investment highlights:

a portfolio of oil and gas exploration Licences in Namibia, covering ten Blocks, eight of which are offshore and two of which are onshore;

the engagement of HRT Petroleum, a global petroleum system specialist, who is applying the same suite of analysis tools which have previously led to large discoveries offshore Brazil;


Kevin Broger, CEO of Chariot said: "Namibia is a frontier exploration region with regards to oil and gas, but our exploration efforts to date strongly suggest that our Blocks may hold significant hydrocarbon accumulations. Our findings are further supported by the fact that our Blocks have analogous geology to the petroliferous provinces offshore Brazil and Angola with which they share a common geological history and petroleum system style."

Website



DYOR of course

Baht

[gonefishing3] 12/10/2010 10:09

Triple Plate Junction PLC (TPJ) is a United Kingdom-based holding company. The Company is engaged in the business of exploration for gold, copper-gold and other minerals. The Company explores for gold in Papua New Guinea (PNG) and Vietnam. As of March 31, 2010, the Company's projects included joint venture with Newmont Venture Limited on Wau-Morobe licenses, joint venture with Barrick Gold Corporation underway on Wamum tenement and joint venture with Gold Anomaly on Crater Mountain licenses. As of March 31, 2010, Barrick (Wamum) had earned 80% interest in joint venture. The Company's Gold Anomaly joint venture is engaged in the Phase II of the work program. The Company's subsidiaries include Larchland Limited, Takara Limited, Vietnam Resources Corporation (PSC Holdings) Pty Ltd, Triple Plate Junction (South Pacific) Limited and Terenure Limited. On October 7, 2009, the Company sold its subsidiary, Triple Plate Junction (Africa) Limited.
Exploration Update | Operations Update 08-10-2010
PROJECT UPDATE – CRATER MOUNTAIN, PNG
Potential for near‐term, open cut mining operation
Drilling program being planned
Gold Anomaly Limited (ASX: GOA, "Gold Anomaly") is pleased to provide an update on the
development and timetable of the company's flagship project, Crater Mountain in PNG.
Crater Mountain, which previous explorer BHP considered a Tier 1 asset prior to withdrawing from
PNG for strategic reasons, has, through the results outlined below, demonstrated potential similar to
other world-class gold deposits elsewhere in the New Guinea Orogen such as Porgera, Hidden
Valley, Grasberg and Ok Tedi (see Figure 1).
Exploration activities at Crater Mountain are currently focused at the Nevera Prospect. The
Company's expectation that the area offers potential is supported by the number of extensively
mineralised intercepts in previous drilling and artisanal workers who commenced small scale gold
recovery operations in the area in 2005. The company is currently progressing mechanized benching
and channel sampling ahead of 3D modelling in the area, to enable the better definition of drill targets.
As a result of the encouraging data generated by the benching, Project Manager Peter Macnab has
established the following schedule of key events:
October 2010
- Completion of data collation
- Review of results and establishment of conceptual model and drill targets
- Signing drilling contract
November 2010
- Commencement of drilling program including the testing of both deep and shallow drilling targets
December 2010
- Submission of an application for small scale mining lease over shallow surface oxide zones of
gold mineralisation.
- On-going drilling
It is anticipated that the drilling program and the analysis of the drilling results will be completed early
in 2011. The drilling program will include deep drilling to further define the deposit's potential.
Analysis of the small scale open cut mining operation will also be undertaken at this time. The
Company is optimistic that a small scale mining operation can be commenced in the second
half of 2011.
Gold Anomaly's Chairman Greg Starr said, "Early indications from our exploration programmes have
been positive, supporting our view of the Crater Mountain potential.
"Given the recent presence of artisanal mining and identification of a weathered oxide gold zone at
Nevera, we believe that the potential to advance a small- to mid- scale open cut gold operation in the
near-term is encouraging".
"With plans for our maiden drilling programme underway, the company anticipates steady newsflow in
the year ahead."
"One of our leading assets is the quality of our exploration team, led by director Peter Macnab. Given
Peter's remarkable track record of discovering world class deposits in PNG, including Lihir's 50Moz
gold deposit, we are certainly in great hands to tap into Crater Mountain's potential," Mr Starr added.
About Crater Mountain
As detailed in previous announcements, Gold Anomaly's Crater Mountain project in PNG is a
widespread gold target area spanning 3.5km by 2.5km area with what the Company believes is the
potential to host a world class gold and copper deposit.
The project work is led by exploration director Peter Macnab. Peter is a widely experienced
exploration geologist who has worked in PNG for over 40 years and is a widely respected expert in
PNG geology. He was the discoverer of the giant Lihir deposit (plus 45m ozs gold) as well as being
the discoverer and/or co-discoverer of other world class deposits in PNG including Wafi (7m ozs
gold), Frieda River (7.5 m tonnes copper,14.3 m oz gold), Misima (3.7m oz gold) and Simberi (5.7m
oz gold). It is a snapshot of the page as it appeared on 9 Oct 2010 17:08:46 GMT.

[bonsoir7] 12/10/2010 09:58

OMI

Brilliant long basing double bottom pattern, they don't get much better !

the 'Edison valuation' is over 400p ! currently trading at just 46p

got to be one of the cheapest gold miners and gold explorers around

current gold ops with annual cashflow of $20m (mkt cap just $40m ; $10 net cash)

+

gold exploration potential of 2-3m oz with current 1m oz JORC almost all in Measured category

[waleriuszwatrobka] 12/10/2010 08:40

...bm, time will tell, btw let pretend that F2k8 lives in Azores, so his timing was ok ?!? ;-)