Fair Oaks Income Share Discussion Threads

[gonefishing3] 22/10/2010 07:24

KIBO. minesite last nite and 5.20pm rns yesterday seller cleared. A confidentiality agreement has been signed between Barrick and Kibo giving each access to the other's data, and this will be invaluable in assessing, among other things, the metallurgy of Itetemia's main Golden Horseshoe Reef. Discussions with Barrick are ongoing, although these are currently informal. Still, the potential for the sharing of facilities or even of Barrick taking an ownership interest in Itetemia is c http://www.minesite.com/nc/minews/singlenews/article/exploration-on-four-fronts-is-not-distracting-kibo-mining-from-thoughts-of-gold-production-at-itetem.html

[gonefishing3] 21/10/2010 06:28

TRIPLE PLATE JUNCTION/TPJ another 1.75m dumped after hours thornaby now look cleared drop from 8.35p now looks ready for a big rise.

[gonefishing3] 21/10/2010 06:28

TRIPLE PLATE JUNCTION/TPJ another 1.75m dumped after hours thornaby now look cleared drop from 8.35p now looks ready for a big rise.

[ilostthelot] 20/10/2010 08:57

I concur with the above quite a compelling investment case. IMO.

[envirovision] 20/10/2010 08:54

just updated my last post with a bit more: Plus traded (also XETRA/DAX) Ascot Mining. Market cap is now around £9 Million. Currently just completed a new processing plant on its 100% owned mine (Chassoul) in Costa Rica, now producing 12000oz of gold from this resource, plus its reported a further 13,000oz (tbc) from three of its other near by interests. The cost production of per oz is reported as $427. FYI just looking at the former resource, it consists of 2 explored veins 60-80,000 oz (more than 4 years worth at present rate) plus in addition there are a further 8 unexplored veins. The majority costs have been met by past equity raising, so theres is not large wedge of forward sold gold at lower spot prices from years past as with so many of these gold producers. So market cap of £9M versus to £19M worth of poured gold per year seems a very good prospect imo. Aside from these four major interests, there are also other irons in the fire and in addition theres an expected compensation payout from a past joint venture which could be worth several million. Ticker is ASMP, DYOR.

[ilostthelot] 20/10/2010 08:32

ASMP - ascot mining is worth a look just restarted its mine in costa rica. Producing 1200 ozs per month at a cost os $427. Market cap 10 million. worth more me thinks.

[ilostthelot] 20/10/2010 08:32

ASMP - ascot mining is worth a look just restarted its mine in costa rica. Producing 1200 ozs per month at a cost os $427. Market cap 10 million. worth more me thinks.

[ilostthelot] 20/10/2010 08:32

ASMP - ascot mining is worth a look just restarted its mine in costa rica. Producing 1200 ozs per month at a cost os $427. Market cap 10 million. worth more me thinks.

[gonefishing3] 20/10/2010 04:29

Kefi Minerals gained 0.33p to 2.53p after raising £625,000 to progress its gold exploration activities, particularly in Saudi Arabia. http://www.express.co.uk/posts/view/206393/Small-companies-roundup

[envirovision] 19/10/2010 22:55

seem to have wasted my time on the cr thread so reposting here: Heres one relevant for this thread then. Plus traded (also XETRA/DAX) Ascot Mining. Market cap is now around £9 Million. Currently just completed a new processing plant on its 100% owned mine (Chassoul) in Costa Rica, now producing 12000oz of gold from this resource, plus its reported a further 13,000oz (tbc) from three of its other near by interests. The cost production of per oz is reported as $427. FYI just looking at the former resource, it consists of 2 explored veins 60-80,000 oz (more than 4 years worth at present rate) plus in addition there are a further 8 unexplored veins. The majority costs have been met by past equity raising, so theres is not large wedge of forward sold gold at lower spot prices from years past as with so many of these gold producers. So market cap of £9M versus to £19M worth of poured gold per year seems a very good prospect imo. Aside from these four major interests, there are also other irons in the fire and in addition theres an expected compensation payout from a past joint venture which could be worth several million. Ticker is ASMP, DYOR.

[gonefishing3] 19/10/2010 21:10

todays broker note. KEFI Minerals Mining Saudi Potential 21 applications pending for exploration licences in Saudi.Arabia, one imminent and others soon to follow. Targeting potential 1m oz gold discoveries The Arabian-Nubian Shield a rich source of largely undeveloped gold/copper mineralisation Region mined in ancient times � surface gold visible in some areas Favourable environment in terms of tax and mining costs Publication Date: October 19 2010 http://www.equitydevelopment.co.uk/research/most-recent/

[sportsauto] 18/10/2010 09:41

MVC - TICK UP , Gold minnow- Orogen Gold has Deli Jovan gold project, in Serbia. Historic gold production,High-grade quartz-vein-hosted gold mineralization - 209 g/t Au maximum value from channel sample (underground).Licence news soon-huge potential.

[fairdeal2008] 18/10/2010 08:26

TODAY'S SUGGESTIONS (updated 9.25am 18/10/10): 1. Per press reports about to announce gold licences in Mauritania: Alecto Energy: ALO http://www.advfn.com/cmn/fbb/thread.php3?id=19536045 Applied for very attractive gold licences in Mauritania which look to have been grated per weekend press reports. Confirmation of this via rns should see the share price move materially. 2. Astonishingly undervalued Coal explorer and producer: Strategic Natural Resources: SNRP http://www.advfn.com/cmn/fbb/thread.php3?id=21256682 South African coal, current reserves of 150Mt could be up to 3 billion tonnes. Mininglicences and environmental approvals all in place and currently negotiuating offtake deals. Tiny cap for the assets and stunning potential. 3. Gold stock still to breakout: Ariana Resources: AAU http://www.advfn.com/cmn/fbb/thread.php3?id=21631845 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. ALL IMHO DYOR

[vivgav] 18/10/2010 08:02

AAU ticking up.....once thru 5p could be interesting.....JORC due Oct 2010.

[themoneymonster2] 18/10/2010 08:00

TPJ now working with Newcrest, Newmont, Barrick and Gold Anomaly!! In other words: THE BIGGEST GOLD PRODUCERS IN THE WORLD!!! WHY??? Must have something of interest to them otherwise you reckon they would be wasting their time? Market cap is £4 million. Should be multiples of that. Fill or kill time guys.

[mingle3] 17/10/2010 20:15

CHC is the one!

[1nv35tor] 16/10/2010 12:11

they are two different companys. and its apparently an inside job. so nothing really to worry about i beleive

[bonsoir7] 16/10/2010 09:26

KIBO mining appears to be very risky after the news this week about fellow Tanzanian gold miner African Barrick Gold having it's fuel supplies thieved. If a big company like ABG can not proide adequate security how will a small cash strapped company like KIBO manage ?

[shakester2] 16/10/2010 09:19

baht - NVTA worth a look (Tantalum Miner)

[1nv35tor] 16/10/2010 09:02

kibo mining is one to watch anyone here know much about AFCR? or even churchill mining CHL

[cyprussteve] 16/10/2010 08:33

MVC well worth looking at - full details on the excellent header board. http://www.advfn.com/cmn/fbb/thread.php3?id=23435832

[themoneymonster2] 14/10/2010 10:54

I just noticed the following presentation on GED's website, it is dated September 2010 but must have only been put up this week. http://www.globalenergyplc.com/uploads/InvestorPresentationSeptember2010.pdf If you take note of the following: 2P reserves of 147.1 million BOE against market cap of just c £24 million - trading at £0.16 / $0.25 per 2P BOE 16p per barrel of P2 reserves is absolutely ludicrous, it is the cheapest on AIM, see the table on page 11 when it compares RPT, BNK & GED. RPT is currently trading at 4 x that of GED's P2 and BNK is currently trading at 40 x that of GED P2. I would think £3 ($5) would be more like it, that would be 147.1 million barrels of oil (P2) X £3 = £441 MILLION or 1,243p. GED is currently only 63p. Emerald Energy sold for c £18 per 2P BOE (H2 2009), the same for GED would mean a value of £2.646 billion or a share price of 7,500p or over a 100 x bagger. Surely a definate 10 x bagger is not out of the question.

[bonsoir7] 13/10/2010 22:23

OMI Investor Presentation from AGM http://www.orosur.ca/_resources/presentations/oct2010_agm_presentation.pdf