Man.Assd.Csh Share Discussion Threads

[hectorp] 08/1/2008 17:31

Resistance is about 11.7p this time ( if she spikes).
Started buying more stock.

[unionhall] 08/1/2008 14:57

yes, he/she is coming up for air again....

[simon54] 08/1/2008 14:19

Another sighting of the Loch Ness Monster ;-)

[hero2] 08/1/2008 14:08

well,something's cooking,but what?

[jester jim] 08/1/2008 12:24

well we are on track for the next 12p peak. Can Mano sustain the 12p and build it in this strong gold market???

A stream of news and good PR is what we need to get north of 12p

[encarter] 08/1/2008 12:24

Yes heading back up yet again. What we need is some good news when it hits 12-14p.

[hectorp] 08/1/2008 11:44

As expected then, U.
I agree re 'the wait' though it has also been a trading share at least once a year.
We seem to be starting yet another of these rallies.

[unionhall] 08/1/2008 10:29

Either way there will be financing/dilution HP.

With gold over $850 I guess we just have to trust the professionals on board to make the best production decision.

I am more interested in the delay rather than the dilution - having held this long one would like to see the next rise in share price levels sooner rather than later....

[hectorp] 07/1/2008 13:25

I'm delighted with MANA's progress in developing so many diverse and significant, assets, iron, gold, diamonds. But MANA is very small , what will be the bill in terms of a very large loan for the new Liberty mine if it is now to be an underground project? Are we looking at loans over £50M? Credit is tight...just as diamonds start to appear, we won't want large dozes of dilution. What are U's take on this?
H.

[unionhall] 04/1/2008 15:34

That is pretty specific.....

The more interest and action there is in Liberia the more it will legitimise operations and offer comparative valuations - even if the Mano ore body is not directly involved.

[nathand] 04/1/2008 09:15

Topped up today in the expectation of a prosperous New Year for all MANO holders.

Good luck to all.

[unionhall] 03/1/2008 11:47

I am pleased they are starting to force the issues on their various properties rather than the slowly/slowly approach across many prospects that was necessary as Sierra Leone and Liberia moved from chaos to some sort of democratic stability.

Stellar will take on a life of it's own as Kono and Bouro move to production and Tonga results to date are very promising.

The raison d'etre of the revised management team is gold production and the New Liberty programme should soon be mapped out. $800 plus per ounce should help grease the financing wheels. (I believe the further drilling is already ongoing).

Even the longer term and potentially huge Putu Iron prospect is being driven as per the following (again the rising Iron prices will help focus minds)

On the iron ore, the Company made the decision to purchase its own rig from Canada to assist the drilling contractors. The 4,000m drilling programme will
start shortly aiming to have results towards the middle of 2008. This investment
(in the region of CA$600,000) will provide a sense of stability and confidence
for the programme and will leave the ability for the Group to drill at depth
where necessary.

[jester jim] 03/1/2008 11:05

chart looks ready for the next leg up to 12p again, rising gold price should help as would some news

[richgit] 03/1/2008 11:02

From todays accounts:-

In the gold division, the Company reviewed its approach in terms of the most
value enhancing options. The Company believes that the most value for
shareholders will be derived from maintaining the main project in house. To do
this, a different skill set would be required prompting the natural changes at
the senior management level. By reinforcing the Board with a Chairman that has
proven experience in successfully bringing developments to fruition and a mining
engineer as CEO, the Company can set about its strategy in streamlining and
optimising the current properties and developments. Primarily this is most
critical at Liberia's New Liberty Gold Mine. The new management will take the
opportunity to review the current feasibility study to ensure the Group is best
placed to derive the most value. This may or may not involve further drilling.

...................................

I am very pleased they are fine tuning my Gold Mine for the best possible
returns,and of course believe when the so called Market sees that this is going
ahead-My Multi-bagger will truly be set in stone.

[arf dysg] 03/1/2008 11:01

3rd-quarter results are just out.

I like the statement under "OUTLOOK" - Mano expects to move to production in the near term (diamonds) and start to generate cashflow for the first time in its history.

[bicc] 02/1/2008 11:04

It's a good article but somewhat focused on 3 companies. Likely to give a force reading of the world situation and a broader view would help. Any one have a current report on iron ore facilities? There's bound to be one available from one of the big financial institutions. Some one must have a connection!!
All imo

[encarter] 02/1/2008 10:02

It's all happening for Mano in 2008 with the Gold and the Diamonds but it may be the Iron that makes these a multi-bagger.

Oct 2007
"2007 / 2008 Exploration Programme

Mano is planning to commence a 4,000m resource and grade delineation drilling
programme in the fourth quarter of 2007, focussed on the eastern zone of Mt
Jideh. In addition a series of widely spaced drill holes will be completed along
the strike of the Mt Jideh magnetic anomaly. The objective of the drilling
programme will be to prepare an initial resource estimate in accordance with NI
43-101. In conjunction with the drilling programmes Mano will undertake bulk
sampling and test work in order to evaluate grades, recovery and ore
characteristics.


Guy Pas, Director of Mano commented: "We are delighted with the exploration
results to date from the Putu Iron Ore project and are highly encouraged by the
conclusions of the independent technical report. At this stage the project is
exhibiting many of the hallmarks of a sizeable iron ore deposit. The project
could potentially be significantly larger than the historic estimates."


Luis da Silva, CEO of Mano added: "Mano intends to fast-track the deposit to the
pre-feasibility stage. We plan to undertake a scoping study on the transport and
shipping options via the potential deepwater port at Greenville which is located
only 100km south west of Putu. In the meantime we continue to hold discussions
with major iron ore and steel companies with respect to potential synergies and
partnerships as we advance the project."

Jan 2008
"Steel makers set to seal big raw material deals in 2008"

[richgit] 31/12/2007 14:18

I finally found something to enlighten Me as to what is happening to
my Gold Mine :-

"Mr. da Silva gave an update on the New Liberty gold deposit in Liberia. Despite a resource of 1.4 million ounces and possession of a bankable feasibility study the company wants to revisit the plans for developing this property so that extraction does not sterilise gold in the crown pillar under an open pit. New chairman Dave Evans is now contemplating going underground right from the start. "

All I need now is some detail on the obviously revised time line and I will be happy to buy even more stock.

Diamonds are wonderful and will see this stock surge,but I have to have my
Gold to cement my real Multi-bagger !!!!

[bingobarnes] 22/12/2007 10:45

An article following up on this week's news....


Stellar Diamonds Limited, a subsidiary of Mano River Resources Inc., has signed a memorandum of understanding to explore diamonds with BHP Billiton in northern Democratic Republic of the Congo (DRC.)

The agreement entitles Stellar to earn 50 percent of BHP's entitlement in the project.

The exploration licenses on the 10,852 square kilometer property are held by the DRC registered company, Socerdemi SPRL, and are subject to an existing option agreement between BHP and Socerdemi SPRL.

BHP has the right to either enter into a joint venture with Socerdemi and earn an 85 percent participating interest through funding exploration to completion of a feasibility study, or elect to purchase 100 percent of the licenses for $100,000 during the five year option period. Socerdemi would then retain a 2 percent net profits royalty in any future diamond sales, which can equally be bought out by BHP for $500,000.

This agreement is conditional upon Stellar raising funds, and the company is expected to commence the initiative during first quarter 2008.

"This further consolidates our position in the DRC and considerably strengthens our portfolio," said Stellar's CEO, Karl Smithson. "The deal underpins our strategy of establishing a prominent land holding in prospective regions of northern DRC and further strengthens our existing relationship with BHP Billiton."

Northern DRC has one of the last largely unexplored cratons in Africa for economic diamond bearing kimberlites, the company explained. Diamonds were first discovered there in the 1920s and are still mined by artisans.

The current government reported annual diamond exports from the regional capital, Kisangani, valued at more than $20 million, at an average $100 per carat.

[arf dysg] 21/12/2007 15:00

Ahem...

What I mean to say is, why is the gold price going up just as New York opens?

[arf dysg] 21/12/2007 14:24

Gordon Bennett! LOOK AT THE TENTACLES ON THAT!

[h d shoring] 21/12/2007 13:37

If the long wait is nearly over and we are to be bathed in new light and reach the promised bonanza .It begs the question why are the directors go go going now .

[encarter] 19/12/2007 07:34

Here's some news and it's good. IPO in spring, can't wait.

[hectorp] 16/12/2007 16:40

One would feel sure MANA management and chaps on the ground would act to reduce this sort of impact pretty effectively.

- MANA share price looks very appetising, and some news could return us to 12p region quickly.