Man.Assd.Csh Share Discussion Threads

[hyper al] 22/11/2007 09:05

That is crazy, just shows how little people know about mineral exploration.

Not even the MM's understand the implications this will have on Sierra Leone exploration companies.

[hectorp] 22/11/2007 08:55

Good grief chip, thats a tough one all right.
Perhaps the Government wish to bolster a young assaying industry in their own country?
Short term isn't a problem, but in 6 months?
The Government hasn't thought this out properly IMO.

[chipperfrd] 21/11/2007 13:02

This could be a bit of a problem ...

[sean cadman] 21/11/2007 10:10

Unless something dramatic happens to change the trading range of this stock the price will fall below 9p and at that point i will be buying.

[hectorp] 16/11/2007 20:50

All very postive though more for 2008 and 9.
AS you say samples will come through at some point, and they quadrupled the tonnage being sampled.

[captain swing] 16/11/2007 09:34

Thanks also encarter.

More from Trans Hex interims (6 months to Sept)



"The Kpo kimberlite project is a joint venture with London AIM listed Stellar
Diamonds formed following the recent restructuring of Mano River Resources.
Trans Hex earned a 50% stake in the project by funding exploration to a
maximum of US$2,1 million during the first six months of the year. The partners
are currently co-funding exploration. The 20tph kimberlite bulk sample plant,
which was commissioned in May 2007 commenced full treatment during June
2007. Bulk sampling of the six known kimberlites on the concession is
continuing."


5 tph was the plant capacity indicated previously as I recall.

So bulk sampling has been under way for 5 months... I wonder how long till grades are known

EDIT:


From company website (Exploration page)

Liberia
Six kimberlite pipes have, to date, been discovered at the Kpo project in joint venture with Mano River resources. Five of the six kimberlite pipes are diamondiferous with excellent mineral chemistry. A 5-tonne/hour DMS bulk sample plant has arrived on site and bulk sampling to establish a macro diamond grade is scheduled to be completed in the second half of the 2007 calendar year.

This page was updated on 4 July, 2007

Sounds like the scale has expanded... might take longer to finish the sampling, who knows

[hectorp] 16/11/2007 08:19

Ah I see nathand, so much for my daft notion!
No TSX here I'm afraid maybe I should do.
- chart - do I see our first ever pennant forming?

[nathand] 16/11/2007 08:07

Hi Hectorp,

Good progress from TSX at Kpo however...

The Bakan (sic) stone would be from the Baken mine in RSA presumably and hence nothing to do with Stellar? Although if you're a holder of TSX then you would indeed have fancies in your midst!

[hectorp] 15/11/2007 10:42

excellent, encarter, and notice they sold a 61 carat bakan stone for $1700 per carat - $103,700. We have fancies in our midst.
This is all very positive for Stellar Diamond, 50% co-partners.

[encarter] 15/11/2007 07:57

Looks like they've been working on Kpo.

"In Liberia, Trans Hex had done sufficient work to earn a 50% share of the Kpo kimberlite project with London-listed Stellar Diamonds."

[jimcar] 10/11/2007 16:36

Interesting bit in this article. It says that Mittal wants to increase the proportion of iron ore used from from his own sources. He is looking in "Kazakhstan, and is casting around for new sources in countries such as Liberia and Senegal".

[hectorp] 08/11/2007 16:25

Share Mag: ( today)
Across the board, mid to long-term demand for commodities continues to outstrip supply, which suggests prices will continue to rise.
Diamonds and precious metals underpin solid consumer interest in jewellery while construction and energy markets queue at the door for industrial commodities.
In such circumstances, the mining sector still presents an attractive investment opportunity.
and from same article, comments on ABN Ambro's view:
"
ABN believes that the bulk commodities of iron ore and coal are ones to watch. It is seeking a 25% increase in iron ore prices, with spot prices having nearly doubled since the start of 2007. I"
MANA is also exposed to Iron Ore. Surely a 20% rise in price would make the building of infrastructure to market, a less onerous task.

[hectorp] 07/11/2007 11:08

Yes, sound a bit touch and go regarding the grades.. but consistency of material suggests Kono will more than likely be mined.
Also the more they go for the more chance of fancies.

[simon54] 07/11/2007 11:06

I think a couple of years back they were hoping for about 100cpht. Nevertheless, "high likelihood" sounds very positive, so getting closer to production of say 65% of hope seems a satisfactory development.

[hectorp] 07/11/2007 10:55

Much more encouraging, U.

( what do you think of '50-80 carats per 100 tonnes' ? )

- the consistency of the fissures and good widths is very positive news.

[unionhall] 07/11/2007 10:18

From Petra results this morning....

Sierra Leone

* Development programme making solid progress at the Kono project, with test
shafts delivering highly encouraging results due to consistent kimberlite
fissure and good fissure widths encountered

* Trial mining commenced on three shafts, where in-situ grades of between 50
and 80 carats per hundred tonnes have been achieved

* Petra believes that the test shafts have a high likelihood of developing
into producing operations; appropriate infrastructure and equipment already
in place to make seamless transition to full production

[jester jim] 07/11/2007 09:32

gold 845 this morning
bought a chunk of Mano with support base now in the 11p range

[hectorp] 07/11/2007 09:21

Share price in fact (see chart above) poised to move UP again.

Most trades yesterday are buys. One buy today, 11.32.

[sean cadman] 05/11/2007 15:47

I disagree, the chart suggests it will fall below 10p.

[hectorp] 05/11/2007 13:44

Very quiet today, however letss all remember that last week saw exciting share price developments and we shouldn't lose sight of the way the share price is poised, hopefully to recover quickly.

[encarter] 03/11/2007 12:51

I don't have a problem with the word 'inadequate'. It's the writer of the article using it to describe a previous report on MANAs potential.
It's the float that interests me. I don't expect it to be on time as these things never are but i'm looking forward to an annoucement of the details.