Mining Minerals & Metals Share Discussion Threads

[davenic] 18/4/2007 08:47

This share is one for the bottom drawer the daily activity is almost nothing I hope we see some news soon.

[boischastel] 18/4/2007 05:42

James Moore, analysts at TheBullionDesk.com, said in an e-mailed update today that gold appears to catching its breath following last week's gains.

"However, momentum is still firmly to the upside with further diversification away from the dollar looking set to propel gold through $700 and on to challenge the $732 high we saw last May," he concluded.

[boischastel] 17/4/2007 09:03

Nadler's Nuggets: Bullish news flooding market

[slj] 16/4/2007 19:45

These huge trades happen every single month....

[bongo bwana] 16/4/2007 16:46

Spot on Robbi

[robbi123] 16/4/2007 16:35

Boischastel, seems to be a regular occurrence here. Looks like its a cross trade with the MM taking the small spread in com. There has been quite a few trades like this in the past but no holdings rns to confirm.

looking forward to future results

[boischastel] 16/4/2007 15:48

Over 12m shares traded in one DAY?
Something afoot.
Best I go look at their website in case news is imminent.
Thanks. Been up on the roof terrace doing some planting etc!

[deka1] 16/4/2007 15:43

I get the feeling something good coming this way soon -- maybe bonanza at Komana --- just a feeling

[boischastel] 13/4/2007 17:19

Now gone over $684.

[boischastel] 13/4/2007 16:09

Can't seem to hold it. Got to over $682, but back down to $678.50.
Seems it was even higher..............

Market Pulse for April 12. DGCX.

[deka1] 13/4/2007 14:27

bois is that the third time this week through 680? -- might stay above now

[boischastel] 13/4/2007 13:32

POG $681.40!

[tsmith2] 13/4/2007 09:53

From infoex

However, both of them have gone up through the 50 day moving average in mid March and have stayed above this so thay can rightly be said to be in an upward trend.

There are several scenarios for GEX. The most likely being that it has been in a wave 2 retracement since 2nd May 2006 that completed slightly higher than expect in mid march and has now gone into a wave 3 upward impulse that could be very explosive. Certainly worth a punt (not using Grannies life savings).

MWA seems to have been in an upward impulse since 24th January 2007. It has mainly stayed above the 50 day moving average during this time so again could hold some promise. (Once again, not certain enough to invest Grannies life savings). The bollinger bands have narrowed of late so yesterday's rise can be considered a break-out upwards.

Hope that helps - in summary both worth a punt, however, make sure you have stops strategically placed just in case.


This message was edited by EWAnalyser on 13/April/2007 at 07:56

[boischastel] 13/4/2007 06:48

South African gold production falls 8.8% in February

[mick] 12/4/2007 12:10

Based on the current bid and offer in Dublin, expect an increase in London price. Dublin currently 15.7 c / 16.5c = 10.7p / 11.2p.

[tsmith2] 12/4/2007 09:57

though 350k sell that follows - momentun most certainly upwards.

t1ps on Archipelago

Loosemore insists that approval is merely a matter of time. Remember that Archipelago should, from Toka Tindung alone, be producing earnings of 22p per share per annum within a couple of years. I would thus argue that the share price discounts an awful lot of risk but very little of the reward which is possible. I am upgrading my stance to "speculative buy" with a 35p limit buying price and an initial target of 50p per share.

[davenic] 12/4/2007 09:54

Nice 184k to get us started

[boischastel] 12/4/2007 07:50

The Bloomberg News reports that bullion stood relatively still amid the speculation that commodity prices will support demand for gold as an anti-inflation hedge.
"Inflation is still a problem,'' said Daniel Vaught, a commodity analyst at A.G. Edwards & Sons Inc. in St. Louis. "The early strength in the energy sector is offering support for gold.''

"The metals appear well underpinned by buying interest into the dips and further gains look likely led by copper and gold on the back of speculative interest,'' Robin Bhar, an analyst at UBS AG in London, said. Gold will reach $700 in a month and $750 in three months, UBS forecast.

"The recent strength in gold has been driven by dollar weakness,'' an analyst at A.G. Edwards said. "If the index falls below 80, you can see gold push above $700 an ounce.''

[keevo] 11/4/2007 18:09

breaking up through that 12p mark. If we break it we should travel up quick.

[serpicouk] 11/4/2007 13:11

Well, I'm not sure what it exactly means for GEX but with Pastorini motivated by his view that gold is going north in a big way, and with others echoing the view that $1000 will be easily reached in the near term (and surpassed over the long term), it all bodes well for Komana which is shaping up to be a multi million oz deposit.

[davenic] 11/4/2007 11:37

Cheers..happy holding

[bongo bwana] 11/4/2007 11:30

Dave,

My view is that a take over of GoldFields will lead to a review of operations and under this heading the Sankarini Project and its results to date will come under the microscope.

I dont know at this stage whether or not the drilling results are satisfactory and or if they are providing GF with the data which will provide them with a good picture of the orebody's geological characteristics. Its probably a bit early for them to decide one way of the other. But for GF as a major producer to remain interested in the share price they will have to be satisfied that there are in excess of 2m ounces of cheaply producable good quality gold present in the share price area.

Komana on the other hand is, relatively, sprinting beyond the 2m ounce potential level and GF have first option on this new field which appears to have to potential to rival the neighbouring Morilla mine.

Not a time to be selling GEX. Not by a long shot. The patient will be very handsomely rewarded indeed.

[boischastel] 11/4/2007 11:23

Everyone now using this thread to ramp some OTHER gold share...............why?
Relevance of Archipelago and Toka to Glencar???

[tsmith2] 11/4/2007 11:17

For us Gold Bugs - Archipelago Resources (AR.) provides a very timely opp, from last RNS

UNHEDGED!!!

Until recently, approved project construction activities have continued
uninterrupted and to a high standard, despite some contractors not performing in
accordance with their contracts. However construction activities are now being
reviewed and appropriate action taken where necessary. While any delay arising
from these actions will be disappointing, the Company remains unhedged and
therefore to date has potentially benefited from gains in the gold price over
recent months. It is now expected that production will commence in the 4th
quarter of 2007, subject to timely issue of the Approval.

As previously announced the Toka Tindung Gold Project has a resource of 1.7M
ounces (ozs) of gold, of which at least 0.9M ozs will initially be mineable by
open pit. The project is targeted to achieve a production rate of 160,000 ozs
per annum.