Mining Minerals & Metals Share Discussion Threads

[tsmith2] 28/8/2007 11:25

The file ref does end as follows:

glencr20070618davy.pdf


SO the date is there already..

[valentine] 28/8/2007 11:08

If you do get in touch with Hugh Mac can you ask about the Next Update!!
You really ought to date these releases. Some people can find them a bit misleading.
The price is a scandal with stuff like that in the background I will agree. I do not claim to understand the working of the stock market.
Maybe based on past performance? GEX will have to have the gold on show before anyone believes them at this rate, I suspect.

[davenic] 28/8/2007 10:53

Cheers.....

[tsmith2] 28/8/2007 10:50

DN - June 2007

ANyone heard from Hugh?

[davenic] 28/8/2007 10:22

Is that a old broker note ???

[valentine] 28/8/2007 10:07

Can't happen quickly enough imo.
Rainy season must be drawing to an end by now and they can get cracking on further digs.

[robbi123] 28/8/2007 09:53

i can feel a top up coming for me....

[tsmith2] 28/8/2007 09:38

Mali exploration has come up trumps Komana West has been a huge success for Glencar

• So far the Komana West gold property in Mali has
been a great success for Glencar.

• The strength of the project is that high gold grades are
holding up over a significant volume of rock. This
suggests potential for a sizeable amount of contained
gold.

• Komana West could be the third West African
commercial gold project in which Glencar has been
involved.
A resource statement is expected shortly

• We expect the first JORC-compliant gold resource
statement from Komana West to be produced later
this summer.

• Drilling in the next 12 months will indicate the
extent of the resource upside that exists along strike
and at depth.

• Komana East (0.28m non-JORC ounces) has
excellent potential to be a small add-on deposit.
Ounces will drive the share price

• A valuation of Glencar is currently constrained by an
incomplete understanding of the Komana West
deposit. Nonetheless, after taking into account
Glencar's other activities, we believe the market is
reflecting a 0.8m-ounce discovery at Komana West.

• The possibility for additional ounces is excellent. We
set a short-term price target of 14p (21c) and fully
expect further upgrades as the story unfolds.

[maniac3] 28/8/2007 09:20

I would imagine the IC will write about them again soon. Whether this is good or bad I'm not sure but at least it would increase exposure for current shareholders and, hopefully, bump up the price on expectation alone.

[tsmith2] 28/8/2007 09:13

I would expect interest to start increasing, resource estimate, should be out relative soon.

[davenic] 25/8/2007 11:54

well done valentine that would make sense as the price didnt drop

[valentine] 25/8/2007 11:44

An informed friend says it could be a warrant transfer or swap for shares.

[davenic] 25/8/2007 11:42

Have emailed Hugh to see if I can get idea when the estimate will be out probably wont hear anything wait & see..... I have to admit I didnt think it would be till Sept so doubt those trades are anything to get concerned about

[davenic] 25/8/2007 11:29

Would of expected the price to of dropped earlier on knowing those trades were going through & didn't.

[robbi123] 25/8/2007 11:17

that is slightly concerning....fingers crossed that the resource estimate is inline with expectations!

[valentine] 25/8/2007 10:24

I most certainly hope they are 'distress' sells. Perhaps a CFD caught out in recent turbulence?

[deka1] 25/8/2007 08:15

yeh a mil in one hit

[maniac3] 25/8/2007 06:56

Big sells at end of the day by the looks!

[bongo bwana] 24/8/2007 12:25

Dr. Lecter I presume!

[spaceparallax] 24/8/2007 10:44

A man after my own liver....... and a bottle of Chianti..sshhhlllll.

[bongo bwana] 24/8/2007 06:59

Sten,

Ive been making my postings from St. Dympnas Hospital - a place for the criminally insane, for years.

Id have some faith in TW but Hugh Mc is my Guru. He also happens to be the only person in a white coat who knows exactly the cure for my financial ailments.

[yorgi] 23/8/2007 21:45

Just been reminding myself of TW's tip for this of a year ago. Very upbeat, his target for twelve months was 18p, well we have not made it yet but will good news we await and hope for take us there ?

He was even talking of a much higher valuation based on their Mali exploration blocks. So who knows

[robbi123] 23/8/2007 11:37

Oracle - i would hope we get the attention (media and investor) we deserve when the resource estimate is delivered. I would be happy with 2million ounces, with regular upgrades in future of course;)

Have u made your top up, iam seriously consdiering one today...