Lyxr $ Frn Discussion Threads

[cpap man] 17/7/2017 21:19

9 cents at the close

Nearly 3M traded

+29%

[cpap man] 17/7/2017 21:08

TSXV:QBA

+25%

[cpap man] 16/7/2017 12:06

Hear what you are saying Andy and do not totally disagree!

Also know DL and he is as they say marmite....you either like him or you don't!

However if you are smart as a shareholder you can make a lot of money out of some of his companies....AIMHO & DYOR of course!

Have absolutely no time though for that c*nt T*m W*nkiFr*th and his Lackofshareprofits!

[andy] 15/7/2017 15:09

cpap,

DL is OK, I have spoken to him many times, it's the way he makes money by issuing confetti in all his stocks at the expense of his shareholdrs I don't like.

Quite why anyone would buy any shares in nya company he is running is beyond me, they all end up the same way. That's why he has a yacht moored in Monaco, and all his shareholders haven't.


Yes I saw the recent rise in price and volume in QBA, and then saw the news release.

Did you read Tom's previous comments on Afraig? And the people running that company?

I think I can hear him sharpening his pencil!

[cpap man] 15/7/2017 13:35

NEX:AFRI & TSXV:QBA



Off topic - weekend chat....

For all the many fans of DL have any of you looked at a couple of his other [favoured] stocks namely NEX:AFRI & TSXV:QBA?

AFRIs partner in crime [!] is Canadian listed LGC Capital

CA:QBA

Share trading volume [nearly 1.6M shares traded yesterday] growing at QBA with the share price starting to edge forwards....

The QBA share price was over 3X the current share price only about 1 year ago!



John McMullen, LGC Capital’s CEO, commented; “LGC, in conjunction with AfriAg, will now be actively pursuing this first of its kind opportunity in the southern African region, which expands LGC's focus into a truly international investment company. AfriAg is a great development partner for a venture such as this and this opportunity is unique. If successful, we will make LGC the first and only Canadian publicly-traded company to be licenced to grow and export recreational and medical cannabis on a global basis.”

David Lenigas, AfriAg Global’s Chairman commented; “The global cannabis industry is a fast growing sector with many international governments legalising the use of cannabis products for medical and recreational use. AfriAg can bring a tremendous amount of growing, manufacturing and global logistics expertise to this partnership. Southern Africa has the commercial advantage of very competitive labour rate, a highly-skilled agriculture workforce, excellent climatic conditions, and rich soils that are well suited to outdoor and indoor crop production.”

About LGC Capital

LGC Capital Ltd. is a Canadian incorporated public company listed on the TSX Venture Exchange (TSX-V: QBA.V). LGC’s objective is to become a diversified business group with core business divisions that provide shareholders with exposure to a diverse range of businesses, products and services, many of which have some exposure to high growth Cuban business opportunities and some that have no exposure to Cuba at all. LGC now plans to enter into the agricultural space in southern Africa through its new alliance with AfriAg.

[sage of suffolk] 26/4/2017 19:28

Lang,
Why?
Thanks
Sage

[langland] 17/4/2017 13:23

Re Coal......Colonial Coal quite interesting.

[riggerbeautz] 17/4/2017 13:12

Waiting for entry and exits is sometimes folly, maybe gut instinct is best but we have all done it.

Uranium price is one of my lessons learned, seems I learn one every year :( CAD I'll look at just out of interest of the story.

Nice to hear someone else doing reasonably well. My book was blotted early last year but the last 2 years I've done well to recover lost profit on MMT and OXS over here (or rather Uzbekistan). Always lessons. Few other U.K stocks made amends for the latter, I'm not running my profits so long as a result, or certainty taking half.

Compensating lost Mart profits is a painful trading lesson and constant reminder on greed. Hence, now taking more profit than my previous buy and hold approach to running winners.

[andy] 17/4/2017 12:52

Duplicate, sorry.

[andy] 17/4/2017 12:52

Rigger,

Interesting, and good to see interest in Canadian miners is still here.

I missed Tinka (TK.V) by stupidly waiting for the price to roll back to 18c just before it took off, what a gain missed by waiting to try and make an extra cent, lesson finally learned! (I hope).

CCD.v looks interesting, as does Cordoba Minerals, although with May just around the corner I will probably wait before buying now. There's generally a slow decline in prices during May to September, so unless political events cause gold to surge, it's generally considered better to wait or put in a few lowish bids and be patient, IMO.

Coking coal companies such as CAD.v are worth keeping an eye on, with the Canadian price for metallurgical (coking) coal up to CAD $375 currently due to the problems in Australia. FOB is around CAD $140, so the margin is currently huge.

Clearly it will fall back somewhat once Australian production is fully restored, but that may take some time, and with few Canadian based coking coal companies remaining, they could become a focus for a while.

Uranium looks ready for a run but the proce of around US $24 is not good for anyone, everyone will make a loss at that price so again a waiting game, at $36 I think the uranium miners will begin to stir.

[riggerbeautz] 17/4/2017 12:33

Still lurking around and a few gems have started to shine.

Move over a disastrous foray into Uranium stocks, LAC was a big winner for me last year and I've rode it again from the retrace. Graphite plays came or coming good Mason has been very good, Alabama hmm well maybe not worth the wait.

With metals miners prefer Silver and got back into FVI and SSO late last year, the former having taken profit slightly too soon the latter near perfect.

Kicking myself one from here on my watchlist took off T.ETG that Marty flagged up. As for other goldies, went back to GORO last year but I'm too loyal and should have sold sooner, still a small stake left, need to press the button.

My biggest miner remains on AIM though not sure if that's wise or not!

[andy] 17/4/2017 11:43

Jim,

Yes I do, and good to see some interest in this thread again, after a torrid few years!

Many Venture juniors are off their lows now, some will struggle due to the their reliance on dilution and management costs, some investors actually read balance sheets now to check what management pay themselves!

Some companies have been accumulating management fees as they could not pay them, so that's an important item to look for in the related party transaction, conveniently located at the end of a dry 20 - 40 page report!

[jimbowen30] 16/4/2017 23:30

Anyone still invested in Canadian miners or following any?

[skiboy10] 20/1/2015 22:46

LYDIAN ANNOUNCES C$16,500,000 BOUGHT DEAL FINANCING

TORONTO, Ontario, January 15, 2015 – Lydian International Limited (TSX: LYD) (“the Company” or “LYD”) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers led by Scotia Capital Inc. and including GMP Securities L.P., BMO Capital Markets and National Bank Financial (the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 30,000,000 ordinary shares (the “Ordinary Shares”) of the Company, at a price of C$0.55 per Share (the “Offering Price”) for aggregate gross proceeds to the Company of C$16,500,000 (the “Offering̶1;).

In addition, the Company has granted the Underwriters an option (“Over-Allotment Option”), exercisable in whole or in part, to purchase up to an additional 4,500,000 Ordinary Shares from the treasury of the Company at the offering price exercisable at any time on or up to 30 days following the closing of the Offering, for market stabilization purposes and to cover over-allotments, if any. In the event that the Over-Allotment Option is exercised in its entirety, the aggregate gross proceeds of the Offering shall be approximately $18,975,000.

The Company intends to use the net proceeds of the Offering to advance the Company’s Amulsar gold project and for general corporate purposes.

Closing of the Offering is expected to occur on or about February 4, 2015 and is subject to certain conditions including but not limited to the receipt of all regulatory approvals including that of the Toronto Stock Exchange.

The Ordinary Shares to be issued under the Offering will be offered by way of a short form prospectus in each of the provinces of Canada, except Québec, and may be offered in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended, and certain other jurisdictions.

This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.
About Lydian International

Lydian is an emerging gold developer, focused on its 100% owned Amulsar Gold Project, located in Southern Armenia. The Company’s current mine development and construction plan for Amulsar is aimed at achieving average production of 200,000 ounces of gold per year and establishing the Company as a high cash-flow producer. The Company is committed to best practices in all aspects of its operations including production, sustainability, and good corporate citizenry. For more information on Lydian please visit www.lydianinternational.co.uk.

[skiboy10] 27/11/2014 15:36

27 November 2014
LYDIAN RECEIVES COMPREHENSIVE MINING RIGHT APPROVAL FOR AMULSAR GOLD PROJECT TORONTO,

TORONTO, Ontario, November 27, 2014 – Lydian International Limited (TSX:LYD) (“Lydian”; or “the Company”) is pleased to announce that it has received approval of the Mining Right for the Amulsar Gold Project. This represents the final stage of the mining permitting process and grants the Company the right to develop the Amulsar Project in line with the parameters detailed in the feasibility study. Although the Company has received various permits in the past, this is the first time that the Company will have a Mining Right and EIA aligned with the underlying assumptions of its feasibility study and pending ESIA.

The Mining Right was granted to Geoteam CJSC, Lydian’s 100% owned subsidiary, by the Ministry of Energy and Natural Resources of Armenia. The approval covers i) all project infrastructure, including the location for crushers, the conveyor and heap leach facility, ii) a mining permit applicable to all three pits, iii) definition of the area within which operating activities may take place, and iv) a mining agreement that outlines the nature and duration of mining operations.

Granting of the Mining Right follows an extensive application, consultation, and review process. Previously, Lydian received approval of its environmental impact assessment (“EIA”) from the Ministry of Nature Protection, acting under the Armenian Mining Code and EIA Law, based on expert reviews, public discussion and the minutes of public hearings. In parallel, the Ministry of Emergency Situations approved the Technical Safety Program (“TSP”).

Howard Stevenson, President and CEO, said “The previous EIA and TSP approvals, and now this most recent approval of the Mining Right, were the subjects of intensive and thorough interaction with the Armenian authorities, local communities, members of civil society, and others. Thank you to all who participated in this process. We look forward to a long working relationship within Armenia as this project progresses into construction and production. Lydian intends that Amulsar will become an exemplary mining and investment project in Armenia, beneficial both for the country and for our investors. Lydian is committed to implementing best international practices at Amulsar by complying with IFC and the EBRD environmental and social standards throughout the project’s duration.”
About Lydian International Limited

Lydian is an emerging gold developer, focused on its 100% owned Amulsar Gold Project, located in Southern Armenia. The Company’s current mine development and construction plan for Amulsar is aimed at achieving average production of 200,000 ounces of gold per year and establishing the Company as a high cash-flow producer. The Company is committed to best practices in all aspects of its operations including production, sustainability, and good corporate citizenry. For more information on Lydian please visit www.lydianinternational.co.uk.

For further information please contact:

Doug Tobler

Chief Financial Officer

[e-mail]

[phone] (direct) or [phone] (mobile)

Or: [e-mail]

[skiboy10] 23/10/2014 18:21

Dear Subscriber
LYDIAN FILES NI 43-101 FEASIBILITY STUDY FOR THE AMULSAR GOLD PROJECT
TORONTO, Ontario, October 23, 2014 - Lydian International Limited (TSX:LYD) ("Lydian" or "the Company") is pleased to announce that it has filed a technical report ("Report") prepared in accordance with Canadian Securities Administrators' National Instrument 43-101. The Report may be found on the Company's website and under the Company's profile at www.sedar.com.

The Report provides detail to the disclosure contained in the Company's news release dated September 11, 2014, announcing positive results from the updated feasibility study for Lydian's 100% owned Amulsar Gold Project. The results of the study demonstrate Amulsar is a compelling opportunity to develop a large-scale, low cost operation with substantial upside potential through mine life extension. The independent Report, dated October 22, 2014, entitled "2014 Amulsar NI 43-101 Feasibility Study" was prepared by Joseph M. Keane, P.E., of SGS E&S Engineering Solutions Inc. who was responsible for assembly of the Report and compilation of various sections, along with contributions from other key industry consultants.

Highlights of the Report include:
• An all-oxide deposit with 3 million ounces of gold in measured and indicated resources, plus 2 million ounces of gold in inferred resources;
• Low all-in sustaining costs of $701 per gold ounce;
• Overall gold recovery of 84% and a 2.8:1 strip ratio;
• Average annual production greater than 200,000 gold ounces over a 10.4 year mine life;
• Total recoverable gold of 2.1 million ounces and silver of 3.5 million ounces;
• Initial capital costs of $426 million, delivering 10 Mtpy nominal throughput from the outset of production; and After-tax cash flows of $574 million during the first five years.
The Amulsar deposit has the potential to significantly extend the life of mine beyond the current 10.4 year period and remains open at depth.

The Company's current short term objectives include the following:
• Continue advancing the mining rights approval process, which is presently on schedule;
• Complete the independent third-party and internal reviews, and publicly disclose the ESIA;
• Determine the financing structure, complete lender due diligence, and advance to a bank lending mandate;
• Value engineering and project optimization;
• Develop a detailed project execution plan for the pre-construction and early construction periods;
• Front end engineering and design to identify long lead items and prepare for first phase of construction.
The scientific and technical information contained in the Report has been reviewed and approved by Lydian's Chief Operating Officer Marc Leduc, P.Eng. who is a "qualified person" for the purposes of NI 43-101. The following qualified persons, as defined in the NI 43-101, have prepared or supervised the preparation of their relevant portions of the technical information in the Report.
• Mr. Joseph M. Keane, P.E., SGS E&S Engineering Solutions
• Mr. Richard Kiel, P.E., Golder Associates
• Mr. Larry Breckenridge, P.E., Global Resource Engineering Ltd.
• Mr. G. David Keller, P.Geo., AMC Consultants (UK) Limited
• Mr. Martin Staples, FAusIMM, FIMMM, AMC Consultants (UK) Limited
• Mr. Gary Patrick, MAusIMM CP (Met), Metallurg Pty Ltd
• Mr. Charlie Khoury, P.E., Global Resource Engineering Ltd.
Mr. David Brignall, PhD, BSc, CBiol, CSci, MIEnvSci, Wardell Armstrong International

[riggerbeautz] 20/3/2014 06:00

Andy,

Wish I could but just stumbled across them looking for a uranium stock a month or so back. Fired off a few emails, encouraged by responses, bit of light reading and took a small plunge based on gut feel now is their time lol

[andy] 20/3/2014 00:32

Rigger,

Ok thanks, I thought you meant you had attended a presentation by them in person.

I spoke to them briefly at the PDAC, but didn't take any notes as uranium not yet showing too many signs of life, but I keep watching.

[riggerbeautz] 19/3/2014 19:12

Hi Andy, would assume the recent upload on website came from the annual PDAC event; all honesty don't know as when I say presentation, I can only go with what is on the slides etc(of which slide 20 is rather eye catching for me).

Also seem to be getting decent reviews. Usual caveats naturally, as my thoughts only.

[liquid millionaire] 19/3/2014 08:56

LYD



Fully listed TSX Gold play LYD are performing very well at the moment and not just on the recovering gold price but also corporate developments!

[andy] 19/3/2014 08:55

rigger,

where did they present?

[riggerbeautz] 19/3/2014 06:38

Quite taken to URZ myself, decent presentation lately and soon to be producer. Of course all depends on sector view.

[mattybuoy] 18/3/2014 22:54

Seeking Alpha article on old fave Zargon.

hxxp://seekingalpha.com/article/2091813-zargon-oil-and-gas-is-in-the-bargain-bin-and-ready-to-take-off