Falk IS. Hldgs Share Discussion Threads

[keithfagan] 13/7/2004 13:51

Given that this company has maintained a healthy price growth on it shares despite small trades I see a very bright future indeed. Some excellent JV announcements and the mineral potential appears sound and offers large returns once established and mining starts up.

I am still on a learning curve in regards to share dealing but I seem to get to a share figure of only 6 1/3 million issued for FKL. Is this right and does it give them the opportunity to raise new capital easily for new ventures and acquisitions?

[sabretooth] 08/7/2004 14:30

Look at PCI go...

[Abuse team] 01/7/2004 09:25

Post removed by ADVFN

[keithfagan] 30/6/2004 11:59

The spread has norrowed dramatically I see. So used to seeing a 10p spread I was confused for a moment.

[keithfagan] 28/6/2004 17:06

Still feeling positive about FKL but this Berlin Bremen thing certainly muddies the waters somewhat when you want to make a decision on buying the stock. How has the BB listing affected other companies in the short term due to their shorting activities?? I was going to buy some more this week but feel inclined to hold off until the situation clears a little.

[cezary] 26/6/2004 08:43

If anyone is interested the link is....

[cezary] 25/6/2004 18:52

At present sending Emails to all UK companies that are listed on the Berlin-Bremen exchange. Sent one to Desire Petroleum.

[currypasty] 25/6/2004 10:42

selling share you dont have, wait till price drops and buy back, to cover your position...

sell 2.90, buy 2.30, make 60p a share

Cez, many Companies know nothing about the listing, untill their shareprice falls unexpectedly. I understand UK Companies can have them de-listed if it is a problem, so good idea to mail FKL.

[keithfagan] 25/6/2004 10:30

Can someone please explain to the uneducated (i.e. me) exactly what "shorting is". Laymens terms if possible.

[cezary] 25/6/2004 09:36

I see that FKL has been listed on the Berlin-Bremen Excgange, legally or illegally , and dealings start today. This exchange has been noted for using 'naked short selling', so expect FKL to be shorted from now. Have sent an Email to FKL asking if they know about this listing.

[keithfagan] 24/6/2004 12:55

Despite all this news still only 14k of trades today. What will happen if this picks up I wonder (and wish I had the money to speculate...)

[keithfagan] 24/6/2004 12:45

Well lets hope this positive news is translated into hard evidence and results. I have been waiting for years for this company to come good, ever since its Anglo days and the promise then of finding oil offshore.

[Abuse team] 24/6/2004 10:38

Post removed by ADVFN

[grgkecer] 24/6/2004 09:50

"The targets identified are located in water depths between 400 m and 1,850 m and
are 1,100 m to 2,700 m below sea floor. Current estimates of the potential sizes
of the leads range from 200 million barrels to 2.5 billion barrels of oil."
That's equivalent to about 20M to 250M oz of gold.

[keithfagan] 24/6/2004 09:05

This may answer it. Found it on CMR thread.

LONDON AFX
"Shares in Falkland Island holdings moved higherin early trade, responding to a new survey .... showing nine patches may contain gold deposits.

[keithfagan] 24/6/2004 09:01

ok I am now very confused. Surely the reaults and the rns don't amount to this level of increase or is there something someone knows?

[grgkecer] 23/6/2004 07:14

Results out this morning. Perhaps the possible AIM flotations of Minerals and Oil will produce the Desire factor.

[keithfagan] 21/6/2004 13:40

This is rising nicely. I could even make the money back I lost on paper....lol. Trying to find out just why the rises are taking place but with so many influences and affilliations it is a nightmare.

[grgkecer] 19/6/2004 15:13

If the action is proportional to the number of bulletin board postings,it doesn't look likely.
Results next week?

[currypasty] 18/6/2004 15:35

DES seing some action today, will it rub off on FKL?

[grgkecer] 07/6/2004 07:18

Cambridge Mineral Resources PLC
07 June 2004

CAMBRIDGE MINERAL RESOURCES plc

Falkland Islands Mineral Exploration Update

Cambridge Mineral Resources plc ('Cambridge') announced on 13 February 2004 that
the Company and its Joint Venture partners Global Petroleum Limited ('Global')
and Falkland Island Holdings plc had obtained financing from funds managed by
RAB Capital ('RAB') to form a new Falkland Islands based company Falkland
Minerals Limited ('FML'), through which further investigation of the on-shore
mineral potential of the Falkland Islands would be funded.

Subsequent to the formation of FML, the On-shore Prospecting Licence previously
held by the Joint Venture consortia was vended into FML with Cambridge,
following the transaction, holding 11.5 per cent. RAB also agreed to contribute
US$1.2 million towards a US$1.35 million exploration programme.

The operators of the project, Global, listed on the Australian Stock Exchange
announced to the ASX on 4 June 2004 a positive update regarding the project
following the completion of an aeromagnetic survey over most of the Falkland
Islands.

The directors of Cambridge are pleased to provide full text of the announcement
made by Global as set out below.

Falkland Minerals Project
Completion of Aerial Magnetic Survey with Early Encouraging Results

• Several magnetic features identified
• Maiden drilling targeted for December 04 quarter

Global Petroleum Limited has received encouraging preliminary results from the
aerial magnetic survey being conducted in the Falkland Islands. Nine magnetic
features have been identified which merit further investigation. Global now
awaits the results of interpretation and modelling to be completed by late July.
If suitable targets are identified at that time, drilling could commence late
this year or early next year.

ASX listed Oil & gas exploration company Global Petroleum Limited (Global) has a
15% shareholding in Falkland Minerals Limited (FML) a non-listed Falkland Island
registered company.

Falkland Minerals Limited is the holder of the exclusive onshore mineral licence
that covers the entire land area of the Falkland Islands.

Global advises that the acquisition of data of FML's aerial magnetic /
radiometric survey over the Falkland Islands that commenced in March this year
has now concluded with a total of 32,685 line km surveyed.

The original planned survey was for 31,663-line km but an additional 1,489-line
km were surveyed over specific areas that had been identified during the survey
and from previous work. The aerial magnetic and radiometric survey covered about
90% of the land area of 12, 000 sq km, and included 10,300 sq km of 500m spaced
flight lines and 1,500 sq km covered with 250m spaced lines and 125 sq km
covered with 100m spaced lines. The 250m and 100m areas include the key
anomalies recognised from the survey and previous work.

The planned stream sediment geochemical sampling has been completed and the
assays have been received. The samples were collected on a planned 200m spacing
from streams associated with three of the gold prospects - Mt Usborne, Glorious
Hill and Malo.

A total of 190 samples was collected with an average 260 grams of minus 0.25mm
stream sediment collected. Higher gold assay results include 1.14 ppm, 0.38 ppm,
0.08 ppm , 0.02 ppm and 0.01 ppm from the Glorious Hill Prospect; 0.31 ppm and
0.02 ppm from the Malo Prospect; and 0.04 ppm from the Mt Usborne Prospects. In
addition, anomalous silver assays were recovered from all three prospects
including values of 0.67 ppm and 0.61 ppm. These results confirm the earlier
positive stream sediment results in the same areas and are being integrated into
the database.

Interpretation and modelling is underway and will initially focus on 9 magnetic
features identified to date, some of which are coincident with the areas where
previous stream sediment samples and assays have been positive for gold. Seven
of these are in the Mt Usborne area and two are in the Glorious Hill area. The
magnetic results from the Verde, Shepherds, Malo and Warrah Prospects have yet
to be reviewed.

There are also some magnetic anomalies in a number of other areas that could
represent anomalies of interest when the data are fully interpreted. It is
expected that the integration of all geological, assay and magnetic and
radiometric data, including the interpretation and modelling of the magnetic
data will be completed by late July. If suitable targets are identified it is
planned that drilling could commence late this year or early next year.

The Board of FML will be considering a number of options to fund this stage
including a possible listing of FML on the UK Alternative Investment Market.

For further information please contact:

Cambridge Mineral Resources plc Conduit PR
David Bramhill Leesa Peters/Laurence Reed
[phone] [phone]
[phone] [phone]
[e-mail] [e-mail]
Westhouse Securities LLP
Tim Feather/Bill Staple
[phone]
[e-mail]

[grgkecer] 04/6/2004 07:09

From Cambridge Minerals' Final Results this morning:

The Falkland Islands has seen a renaissance. South Atlantic Resources Limited, a wholly owned subsidiary of Cambridge, in conjunction with its venture partners
Falkland Island Holdings plc and Global Petroleum have vested their 33.3 per
cent. holdings in the On-shore Prospecting Licence into a new company Falkland
Minerals Limited, of which following the transaction Cambridge holds 11.5 per
cent. of the new corporate entity. RAB Capital the majority shareholder will
contribute US$1.2 million towards a major exploration programme to investigate
on-shore mineral opportunities on the Falkland Islands. An aeromagnetic survey
has been completed and will be followed in due course by the drilling of
identified targets.

[grgkecer] 30/5/2004 14:06

That should have said "the South and East Falklands Basins". Global Petroleum Limited is the other 50% of the Hydrocarbon Consortium, and also has 15% of Falkland Islands Minerals, where it is the operator doing aeromagnetic and field surveys. A better version of the map on the FIC site is here:

[grgkecer] 29/5/2004 16:19

?
Cambridge Minerals has no interest in offshore Falklands oil. Desire's interests are in the North Falklands Basin. Falklands Islands Holdings, through its 20% holding in the Hydrocarbon Consortium (Hardman 30%), is interested in the South Falklands Basin.