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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mining Minerals & Metals Plc | LSE:GEX | London | Ordinary Share | GB00BSMN5L80 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.875 | 13.75 | 14.00 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
09/10/2008 16:32 | Early re-start -- good news Glencar Mining plc Drilling Update Glencar Mining plc ("Glencar" or "the Company"), the AIM and IEX listed company with gold exploration interests in Africa, is pleased to announce that reverse circulation and diamond drilling recommenced on the Komana East deposit in Mali on 8th October. The initial programme is designed to extend the known resource which has already been established over a strike length of 1,600 metres. Geological mapping and the recently flown, high resolution aeromagnetic survey have highlighted the significant potential which exists to the north and south of the already drilled part of the deposit. The results of this drilling will be announced when assays have been returned from the laboratory. RAB/Aircore drilling on the Komana Licence will be commenced early next week. This programme will test a series of additional, high priority targets on the Sankarani Shear Zone along strike from the Komana East deposit. The independent resource estimate for the Komana Project is currently being finalized by the consultants SRK Consulting (UK) Limited and it is expected to be available for publication within the next 2/3 weeks. | 1waving | |
09/10/2008 16:28 | Good to see drilling has resumed again at Komana - should get the results sooner as the backlog at the assay labs will have cleared and I expect there will be less drilling by some other Africa-based exploration companies this season to conserve cash. | pecker1 | |
09/10/2008 16:27 | No one notice the drilling report ?. | share_shark | |
09/10/2008 16:21 | thanks guys i will take it on the chin, its the name of the game, gambling,you win some you loose some, look to the future now | deka1 | |
09/10/2008 15:06 | Deka, Im truly sorry to learn this from you. I got another dunt in the goolies with IDD recently but those embers remain flickering - just. Strange goings on at MCR when the 2 institutions bought and sold within 36hours put me right off them. I suspect they were given the nod about the RNS announcement that was definately in the pipeline at that time. Gambling on AIM is sometimes as dirty as politics. NOTE: Stirrings with GEX on IEX this afternoon. First trades this week.... and the B-O has changed from Bid 0.055 Offer 0.060 to Bid 0.055 Offer 0.070 | bongo bwana | |
09/10/2008 13:26 | I am so very sorry to hear that deka1. My very best wishes to you and good luck for the future. Luck is something we all need at the moment. | share_shark | |
08/10/2008 09:44 | From the BB thread -- rolvenden - 8 Oct'08 - 09:26 - 16080 of 16080 Caution !!! as an ex-marketmaker i can assure you that individual shares are selected to crash , purchased , then sold at high profits !!! the market is being manipulated by them for big gains. Recent press articles have pointed this out. ___________ | 1waving | |
08/10/2008 06:36 | lol KOTC then! | bongo bwana | |
07/10/2008 18:00 | Still weaving, I see SS. Nice to see that smile. | bongo bwana | |
07/10/2008 17:26 | phew!. Thanks for that 1waving. ;o) | share_shark | |
07/10/2008 16:16 | Posted On: Monday, October 06, 2008, 11:30:00 PM EST 24 Carat Market Stress Author: David Duval Dear CIGAs, These are stressful times for anyone holding shares in both the gold and broader marketplace. Even gold stocks were hit today despite sharply higher gold prices and the prospects for even larger gains in the weeks and months ahead. Physical demand for gold in coin and bullion form is almost unprecedented. In fact, some of the world's largest gold mints (including the US Mint) are having a hard time keeping up with demand. As gold prices move higher, I am confident that gold equities will recover and when they do I believe it will be a sight to behold. Keep in mind that established gold producers are benefiting from lower oil prices which is a major component in production costs (about 25% by some estimates). So you have production costs going down and the metal's price moving higher - a perfect storm if there ever was one. Might we see gold companies as the only entities reporting meaningful profits in the marketplace? It's not as far fetched as some might think. When the gold market stabilizes and gold stocks trade again on solid fundamentals, I can see them leading the market out of its current malaise. The gold investors I am talking to are putting their money on low cost producers with good production leverage and on well financed gold explorers with drill-stage properties that are consistently producing good results. It's a formula that is bound to pay huge dividends in the long run. Posted On: Monday, October 06, 2008, 5:37:00 PM EST The World Of Gold Author: Jim Sinclair Dear CIGAs, 1.Gold is the ultimate currency when others fail as a store house of values. 2.Gold has no liability attached to it. 3.Gold is universally fungible. 4.Gold is an appreciating asset on the balance sheets of central banks.. 5.Gold will trade at $1200 and $1650. 6.Of course gold bottomed on its first break from $1033, but I only say such things once. 7.The third try for above $1000 is being set up now. 8.Have you protected yourself? Your friend, Jim | 1waving | |
06/10/2008 22:50 | "We are pleased to have completed a financing for US$2 million in June last. This funding will allow us to continue our intensive and escalated drilling programme in Mali as soon as the rainy season comes to a close in October. " GEX - RNS 21/8/08 | valentine | |
06/10/2008 22:32 | Actually - priced in £'s Gold is near its all time high... | serpicouk | |
06/10/2008 21:53 | When the deleveraging in gold ends............ -- $866 will seem like a bargain. The JORC being announced and drilling getting under way will be positive -- the rainy season does seem to be a drag. | 1waving | |
06/10/2008 21:43 | Seems they're not deleveraging but liquidating. I'm sure they're not selling GEX ;) | serpicouk | |
06/10/2008 19:36 | Serp You might look to deleveraging by hedge funds etc -- some of it forced selling as their lenders tighten their ratios or they become distressed sellers. When the deleveraging ends ............ | 1waving | |
06/10/2008 19:14 | What I don't quite get is that looking at the world financial markets, which are dropping 5, 6, 7+% every other day, and you listen to the doom and gloom merchants, just about everyone, we're apparently on the edge of a complete financial meltdown - end of days stuff. And yet you can buy an oz of gold for only $866. | serpicouk | |
06/10/2008 19:11 | The fall today appears to be on bullish volume once again. 161k buys --- 46k sells........ down 0.25p...... Mkt cap down £700,000 In short the share price really is being forced down by the mm's over a period of time.... hmmmmmmmmmmmmmmmmmmm | 1waving | |
06/10/2008 18:08 | The older I get the more scaredy cat I get LOL. Looking to add here!!! | bongo bwana | |
06/10/2008 17:05 | There is a JORC to come very shortly -- the fundamentals for gold are very poitive and are likely to stay that way for some time ----- every time the drill goes into the ground this season it will be looking to add resource ounces --- the aggressive drill programmes on both areas ( Glencar has 4 rigs booked, Gold Fields set out a very aggressive and ambitious programme ) will add very substantial weight on top of the forthcoming JORC --- suspect we will see a JV early next year. Progress will be far beyond what we have seen previously. So what has changed for Glencar ----- market sentiment is a drag but the fundamentals are improving. Also worth noting that gold has decoupled for the time being from dollar strength and a falling oil price. That demonstrates the bullishness and current fundamental strength of gold ----- when the dollar weakens soon, and it will, that will give an added boost to gold. . | 1waving | |
06/10/2008 16:39 | Deka - spot on. I nearly dived into MCR but somehow managed to avoid that particular mine field - am currently keeping a watching brief there. I can see this treading water for 18months from here but approaching the end of theis period its likely to zip ahead - assuming a healthy POG. | bongo bwana |
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