Keras Resources Share Discussion Threads

[the skipper] 20/3/2023 19:53

Jimbl, you might scoff about the French interest in Togo, but this article really brings home how much influence and control the French still have in their former colonies:

[stockriser] 20/3/2023 19:08

Regardless, it's way undervalued at £2mm

GLA SR

[markyess] 20/3/2023 19:03

Commonwealth membership is irrelevant whilst they're indulging in yet another root and branch Mining industry review.

Third or fourth since 2011?

[jimbl] 20/3/2023 18:58

Both Directors of SGM are Togolese. Parent company is British. Togo joined the Commonwealth, so even less likely the French would give a hoot.

Incidentally, joining the Commonwealth hasn't done anything for our licensing chances either as yet.

[the skipper] 20/3/2023 18:24

Context is everything Jimbl, so as the link didn’t post I am copying it below:

“ EU Proposes Designating Copper and Nickel as Critical Metals

Inclusion could expedite permitting and financing of projects.

Miners expect copper to face deep shortages in coming years.

The European Union proposed classifying copper and nickel as critical raw materials in landmark legislation designed to bolster supplies, alongside other metals key to the energy transition.

Inclusion on the EU’s new critical raw materials list would underscore growing political angst over long-term supplies of the metals as the global decarbonization drive turbocharges demand. The new Critical Raw Materials Act — presented to lawmakers on Thursday — could open the door to expedited permitting and financing of copper and nickel mining projects.”

Surely the French would be looking towards their former colonies as sources of supply as well and the owner’s name might well attract their attention as well as the resource of this critical metal.

[jimbl] 20/3/2023 17:27

What's it got to do with the French Gov? SGM is Togolese owned and French is the official language of Togo.

[the skipper] 20/3/2023 17:06

Can’t argue with that Edgin, and maybe the French diplomats will raise the issue with their hosts, noting that the ownership of the license is in the name of Société Générale de Mines.

Can’t be long to wait now until we get an update on the winter sales programme in Utah anyway.

[edgein] 20/3/2023 12:43

Skipper,

Its a pity Togo didn't list it as a critical metal and give KRS that mining licence they have been patiently waiting for. Two DSO operations would be better than one, KRS could then clear the cobwebs out of their pilot plant over there. Hopefully one of these days that Togo says they're encouraging foreign investment they will eventually mean it.

Regards,
Ed.

[the skipper] 20/3/2023 09:47

Just clocked the addition of trades 7&8 from earlier. Those are chunky buys for this stock.

[the skipper] 19/3/2023 17:10

Meanwhile the EU to list Manganese as a critical metal: [...]

[the skipper] 17/3/2023 17:54

The pumpers were probably employed by Axcap, but it was nice to bank a bit of profit on the back of it.

[apfindley] 17/3/2023 15:35

What happened to all the shouts of 5p today 6p today 10p today, which the pumpers were spouting earlier this week?Gone quiet now the pump has died.

[markyess] 17/3/2023 12:40

Grateful that all we have is their money and none of their influence/presence in the boardroon.

[jimbl] 16/3/2023 22:48

Er, more than obvious it was due to this: "Effective April 20, 2022, Netcoins Holdings Inc. will change its name to Axcap Ventures Inc."

"Netcoins Holdings Inc is a Canadian company engaged in developing software to make the purchase and sale of cryptocurrency to the mass consumer and investor through brokerage services. The company's only reportable segments are cryptocurrency sales via its virtual ATMs. It operates only in Canada."

Failed in crypto and obviously clueless about mining.

[the skipper] 16/3/2023 20:50

But you only have to look at this to see why they had to sell:

[euclid5] 16/3/2023 19:50

so guess they didn't see anything in KRS to sell their 5.61m shares


Axcap Ventures Inc. is an investment company. The Company’s objective is to identify companies with projects, technologies or both, using management’s experience in deal sourcing and capital combination to maximize returns for the Company’s shareholders. The Company invests its funds with the aim of generating returns from capital appreciation and investment income.

It invests in various sectors, including mineral exploration, technology, software development, and the biotechnology industries.

[tomboyb] 15/3/2023 16:27

seller out -

[the skipper] 14/3/2023 18:41

Nothing goes up in a straight line and the RSI had got a bit overheated so a small retrace was to be expected.

[apfindley] 14/3/2023 15:52

3.63p paidWhat a difference a day makes.

[the skipper] 13/3/2023 23:11

Incredible volume here today with a lot of buys showing up as sells thanks to the spread, although it did at times narrow to a more sensible level.

Will it continue tomorrow? Who knows, but it’s nice to be back on the radar and back in profit in my ISA thanks to a lot of bottom fishing during February.

[tomboyb] 13/3/2023 15:41

4.4p paid -

[sclper] 13/3/2023 15:40

Looks like MMs are caught short at the moment. It's currently NT to buy for me

[g2theary] 13/3/2023 14:58

This is closing at 5p+ ;)

[livewireplus] 13/3/2023 13:25

Since lockdown then the majority of posters on advfn seem to suffer from 'hissy fit syndrome'. Someone tell them lockdown has finished and they are allowed out to the pub.

[edgein] 13/3/2023 13:13

Findlay,

Why the hissy fit fella? The substance here is rock phosphate which KRS produce from their 100% owned operation in Utah. Market cap is just over £3m. Its oversold and awaiting an operational update, people just buying in before that gets announced. You seem to have developed a problem with that.

Regards,
Ed.