Marlowe Share Discussion Threads

[andrbea] 20/4/2007 16:51

2 t trades after the bell

20/04/07 16:29 50.5 100,000 T 46.0 49.0 Buy 113,837 20,319 0
20/04/07 16:45 48.2 80,000 T 44.0 49.0 Buy 193,837 20,319

[andrbea] 20/4/2007 15:30

Press Release





MEDORO RESOURCES LTD ("MRS-V")
- Annual Meeting on May 31, 2007

On May 31, 2007, the Company will hold an Annual Meeting.
The record date is April 30, 2007.

Capitalization Report for Medoro Resources Ltd
Shares Issued: 47249282
Shares Escrow: 0

TSX Venture closing price for Medoro Resources
Date: 2007/04/13
Closing Price: 0.650

[andrbea] 20/4/2007 14:39

Aside from the continual bid talk (Goldcorp, Crystallex (also in Venezuela), Goldfields, Barrick,...)

.. is the share price rise since March not partly due to the government's stance in Venezuela?

March 28 (Bloomberg)

Shares of Crystallex International Corp., which is developing Venezuela's biggest gold deposit, soared 98 cents, or 28 percent, to C$4.50. Gold Reserve Inc., added C$2.53, or 49 percent, to C$7.66, after it said in a release that it got the Venezuelan government's go-ahead to begin with construction of its Las Brisas gold and copper project.

Crystallex Chief Executive Officer Gordon Thompson said in a statement that Gold Reserve's receipt of the permit signals Venezuela is advancing mining projects. He said Crystallex is in the final stages of the approval process

[andrbea] 20/4/2007 13:46

ah, can't be Sardinia driving the price (disposed of)

Medoro Resources has foretold of its bold search for gold. Although based in Canada, the company has gold exploration and development operations in Venezuela (the wonderfully named Lo Increible gold property). In 2006 the company sold its exploration properties on the island of Sardinia and on the Italian mainland to Sargold Resource Corporation. That same year Medoro acquired the former Panwest Seas Corporation, which gave it ownership of the Lo Increible property.

[andrbea] 20/4/2007 13:42

As I see it:

mrl (now mrs) has its gold properties in Venezuela

but in 2003 it acquired Gold Mines of Sardinia, then being courted by Barrick Gold

in post 1913 (above) we see how cash-rich other players like goldcorp are, while goldfields hold a 10% stake in mrl

so that equals 3 players (Barrick, Goldcorp, Goldfields), who could all bid for mrl in order to re-kindle the Sardinia project? nia dyor

history of Sardinia fields:



Any views?

[andrbea] 20/4/2007 13:17

opens higher

1.20 +0.05 (+4.35%)

Canadian Dollar as of 02:44 PM EDT on 04/19/2007

[andrbea] 20/4/2007 12:38

genral interest (Goldcorp)

What is Goldcorp Doing With All That Cash?

/...

While always difficult to second-guess M+A moves by the "big boys", the buyout profile that fits best in our view would be a junior miner with large reserves. We will stop short of naming names, but can imagine a shortlist of 5 to 6 companies spread over the world of mining that would fit the bill.

[andrbea] 20/4/2007 10:45

see how the price moved on the 17th (after a buy of 20000)
are they short of stock or what?

2 309EDODW07 27.0 20000 O 30.0 32.0 15:46:57 20,000

1 209CFJ5N07 24.37 120 O 24.0 27.0 14:53:02 120

nia dyor

[wes1] 20/4/2007 09:33

Scam!

This is the article referred to earlier -

Butterfield Advisors, whose cold-calling of shareholders in technology group TG21 Mudlark reported earlier this week, has made similar offers to pay an inflated price for shares in at least two other Aim companies.

A shareholder in Avocet Mining, a gold miner, told Mudlark that he was cold-called by Butterfield late last month and offered £10 each for his shares, a huge premium to the market price of 115½p.

The investor did not send Butterfield the details it requested and he heard no more after he said all transactions would have to go through his broker.

In the case of TG21, formerly Toad, an investor was offered a price 232 times the market price but he would have had to deposit a "bond" of £3,538.

A shareholder in Medoro Resources, another Aim-listed gold miner, told Mudlark yesterday that he had received multiple calls from Butterfield Advisors in the past few days.

Butterfield indicated that a buyer was willing to pay 500p for shares that have been trading at 27p. In the case of Medoro, Butterfield appears to be using an old shareholders' list since the caller referred to the company as Gold Mines of Sardinia, its name before the summer of 2004.

Butterfield, which gives an address in New York, is not registered with the Financial Services Authority. It has not responded to written questions from the FT.

[andrbea] 20/4/2007 09:26

chat on TSX thread is about possible buyers eg goldcorp

[andrbea] 20/4/2007 09:24

m cap in Canada is 38.5 M Can $


that's 117.03 M pounds (header here shows 15.89 M pounds)

weird.

[pecker1] 20/4/2007 08:32

I still have some of these from Goldmines of Sardinia days, and forgot about them as they slumped! Now they have come back to life with a jolt and we must be approaching a break-even point fairly soon? The other offspring,Chaco, was doing very well until the recent duster.

[lasata] 20/4/2007 08:24

Victorfromport:

Please can you print mudlarks comments or tell us which day they were in?

[alfie136] 19/4/2007 08:07

Victor Thanks for the info ,I might get my money back yet

[victorfromportugal2] 19/4/2007 00:08

Massive W over 3 years firt target 80p or 2 $CAD

then 1.60 GBP and 4 $CAD but of course a lot will happen until then ... in the mean time hold tight and enjoy the ride!


Dirt cheap stock Highly leverage on gold price NO DEBT and 15 million CAD in the bank...

stock unloved...DESERTED!

what else do you want???

Warrent Buffet made a fortune out of stocks like this... unloved, undervalued, net cash etc etc

we'll see

[victorfromportugal2] 19/4/2007 00:05

MRL in Toronto 1.13 +15%

with nearly 2 million shares traded or 4% of share capital !

I told you before, it's going to the moon!

[victorfromportugal2] 18/4/2007 08:19

MRS.V in Toronto same stock went up +66% with 750.000 shares at 1CAD or 0.44 GBP at 2.26


it's only the beginning stock of gold value 4-5 GBP pershare

[lord santafe] 18/4/2007 07:57

Why are these up today so much?.

[victorfromportugal2] 17/4/2007 21:59

yes! now

[victorfromportugal2] 17/4/2007 21:53

Also the Technical analysis gives a NICE W at 0.20p over 3 years (2004-2007)
this should make this stock AT LEAST trebble in the next 18 months


Although it is unknown, ounce the market gets hold of this darling, it will go to the moon

Also a price of gold over 1.000 USD will sustain the stock.

I think it is to buy and hold 2-3 years nicely.

good luck

[victorfromportugal2] 17/4/2007 21:50

CALCULATIONS


as per recent drilling confirming at least 350.000 ounces of gold down there


at 700 USD and 48 million shares issued


this gets 245.000.000 USD or 5 USD per share



However the inferred gold deposit is around 500.000 ounces.


with Gold at the following prices we get:


1000 USD 10 USD per share or 5 GBP per share

1500 USD 15 USD per share or 7.5 GBP per share

2000 USD 20 USD per share or 10 GBP per share


current price in London 0.30 p


What this space!

[victorfromportugal2] 17/4/2007 21:46

Found on the FT

A shareholder in Medoro Resources, another Aim-listed gold miner, told Mudlark on Friday...500p for shares that have been trading at 27p. In the case of Medoro, Butterfield appears to be using an old shareholders' list since...



Do not have the follow up... you?

[victorfromportugal2] 17/4/2007 21:15

Medoro Toronto


+66% with 1.6% of share capital traded

AGM coming up on 31 May in Toronto too

See you there!

[victorfromportugal2] 17/4/2007 18:44

Medoro Toronto


+50% with 1% of share capital traded

something new coming up

[victorfromportugal2] 20/3/2007 15:35

West Africa: rumour heard here too (broker sources)

this could change the profile of Medoro to possible take over target.

news pending.