Marakand Minerals Share Discussion Threads

[dogberry202000] 09/5/2006 17:26

Reduced my holding in recent days.

[0238jr] 09/5/2006 17:18

holding mkd by way of spread bet therefore no direct chance to convert; if i held shares i would convert and hold oxs

[0238jr] 09/5/2006 17:18

holding mkd by way of spread bet therefore no direct chance to convert; if i held shares i would convert and hold oxs

[giant steps] 09/5/2006 16:25

otd - thanks for that

[otd] 09/5/2006 16:18

for the list:

holding, it´s a waiting game. In my opinion the only way to loose money is a Jerooy-like scenario. In other cases we will make some (depending on the scenario how much) money or convert to 1/3 OXS. Just an opinion...

[cezary] 09/5/2006 16:13

GS....as we have seen in past days...pog going upward seems to have a negative effect on oxus share price Dont know why???

[giant steps] 09/5/2006 16:07

Cezary - thanks for update

POG advances above $695/oz, OXS poised to move, should pull MKD thru'

[cezary] 09/5/2006 16:04

No...I am now determined to hold!

[giant steps] 09/5/2006 16:01

Cezary - presumably you've been selling down, if bid 24p was no good this
morning, 25.5p+ is there now.

Have you just sold 20K @ 25.73p ?

Are you not tempted to wait for conversion (worst case),
afterall still chance for retro bonus if deal improves

[cezary] 09/5/2006 15:50

Nearly sold out whole holding today, but brokers couldnt give me a good deal this morning. So holding out till as greg says something has to happen. Conversion or the Koreans.

[langland] 09/5/2006 15:11

On the plus side recent decline has so far held just above the old top in November at 24.5. Don't really want to see it go below that. Gold at a new high and silver again shaping up nicely.

[giant steps] 09/5/2006 15:09

greg - thanks for that, i agree with all those comments

Will not be surprised to see options / warrants playing a part in the story !

[drewz] 09/5/2006 15:04

OFF TOPIC:

As there are some serious enthusiasts for junior mining stocks who look in here, as GS's survey above on MKD views demonstrates, I would like to gently point out that today AIM and TSX dual-listed African Copper (ACU) has just announced it has got its £53m fundraising away at 77.5p.

It looks a cracking good buy now (and oversold) at 82p with funding in place to develop Dukwe with all the blue sky potential of its adjoining huge Botswana licence in for free.

Stick some in your ISA whilst it is still under 100p and with production starting next year it should be worth double that, at least (Ash thinks it is worth 400p), by the end of 2007.

[greg the grinch] 09/5/2006 14:58

gs
lack of sellers means one thing. :o)

for me the risk/reward remains favourable especialy as the turk jv could justify a large rerating.

Price of zinc!!!!

I am holding until something big happens.

The fact that AS and co sold out means nothing.
BT is the paymaster and is anyone actualy suggesting that someone will go againt their employers wishes?

Bt will not give out their gameplan because we would exploit it.
eg Phillis found out and made easy arbitrage money.

It may take a week or a year but eventualy I can see mkd getting a massive rerating.

good luck all

[giant steps] 09/5/2006 14:48

'

Samsung Corp. said yesterday it will develop a copper mine in Mongolia jointly with Korea Resources Corp.

Samsung said it has established a consortium with Korea Resources to develop the Erdenet copper mine located 230 kilometers northwest of Ulan Bator.

The Korean consortium has bought a 51 percent stake in the Mongolian mine.

Samsung controls a 51 percent stake in the consortium with the state-run corporation holding the remainder.

The entire project is estimated to cost $100 million, with the Korean corporations putting up $51 million. Of this amount, $3 million is expected to be spent to determine if the mines are commercially viable and how development should be carried out.

Preliminary examinations have indicated that the mine might hold 1.23 billion tons of copper. Production could begin in late 2008.

International copper prices have shot up to $7,231 a ton, a gain of $365 from the week before.

"Korea imported 917,000 tons of copper last year, of which only 0.2 percent, or 1,400 tons, were brought in from mines developed jointly by Korean companies with foreign partners," said Park Yang-soo, the president of the state-run resources corporation.

Park said that the resources corporation plans to sign other exploration deals with Mongolia to increase its presence in the country.

'

[chipperfrd] 09/5/2006 14:28

I note today that Korean Resources Corp are taking a 51% stake in an early stage Mongolian copper mine. The Koreans are funding $51m.

Apparently Korea does not consider that it has enough overseas investment in metals. Hence the interest in Khandiza - I guess.
Chip

[polaris] 09/5/2006 14:05

dixi - LOL! ;-)

[giant steps] 09/5/2006 14:05

dixi - OK !

[giant steps] 09/5/2006 14:02

polaris - thanks for that, good to read status from regular OXS/MKD posters

[polaris] 09/5/2006 13:57

GS - i am also holding a fair chunk of OXS (for me anyway) and looking to add, other holdings allowing.