Mining Minerals & Metals Share Discussion Threads

[robbi123] 20/9/2007 11:00

webcast due today on t1ps.com, should be interesting!

[bongo bwana] 19/9/2007 13:38

RAW Valentine RAW (inc the hoof and squeal)

[bongo bwana] 19/9/2007 13:18

U guys aint tough enough for this game.

Ya should have been in Wassa with me Hugn n the boys from hiBrazel - we chewed boots n garters as appetizers for the main course.

Patience Patients.

[valentine] 19/9/2007 12:30

Well Friday week takes us to last trading day in Sept..
Any good guessers around?

[brierwell] 19/9/2007 09:41

C'mon Hugh - the tension is killing me!

[tsmith2] 18/9/2007 09:29

Metals - Gold steadies ahead of Fed rate meeting


LONDON (Thomson Financial) - Gold steadied after hitting a new 16 month high
yesterday, still underpinned by expectations the US Federal Reserve will cut
interest rates at its meeting later today.
"Today the focus is on the Fed's rate decision with the expected 25 or
50-basis point cut likely to see the dollar weaken further in the mid to
longer-term," said TheBullionDesk.com analyst James Moore.
This would benefit gold in the mid to longer term, as the metal is seen as
an alternative asset to the US dollar and often moves in an inverse relationship
to it.
In the short term, however, Moore said gold might need to consolidate recent
gains before breaching the 26 year high of 730 usd an ounce struck in May last
year.
At 9.04 am, spot gold was little changed at 717.65 usd an ounce against
717.10 usd in late New York trades yesterday, when the metal hit a fresh 16
month high of 719.95 usd.
Dresdner Bank analyst Peter Fertig said the gold market appears to have
discounted a 50 basis point cut at today's meeting and that there might be some
disappointment and profit taking if the cut is only 25 basis points.
But any profit taking bout will eventually be seen as a buying opportunity,
as the gold market is underpinned longer term by a host of supportive
influences.
These include a weak dollar outlook, expectations US interest rates will
continue falling going forward and record high oil prices which are increasing
bullion's appeal as a hedge against oil-led inflation.
In addition, with the current global credit crunch leading to widepspread
turmoil in financial markets worldwide, many investors are moving into gold as a
safe haven asset.
Among other precious metals, platinum was down at 1,297 usd an ounce against
1,302 usd an ounce, while its sister metal palladium eased to 327 usd against
330.75 usd.
Silver was little changed at 12.76 usd versus 12.78 usd.

[bongo bwana] 17/9/2007 16:34

Oh well done Keevo.

AIB looking particularly good in this climate.

All my investments in 3 legged blind Plc's racing towards the knackers yard couldnt be doing much worse except GEX who are my rock of gold - LMAO.

Good to hear from you and I have noted SBT with thanks

[serpicouk] 16/9/2007 16:08

Afternoon guys,

Been really busy with other stuff of late - plus not much news to reflect on recently. However, I have picked up a few more over the last few weeks.

Looking forward to a good initial jorc but would caution that unless its spectacular I'm not convinced how well it will be received by the market in the current climate. But it should underpin the current share price There certainly doesn't seem to be much of a run up to the news.

What $/oz will people be using to calculate the jorc value? I might go with a conservative $20. Even after the recent strong gold run. $20-30 seems to be the average at the moment for gold junior explorers. I know some were going for as much as $50 earlier in the year.

[stenick] 16/9/2007 15:56

I hope it ain't a big JORC.............No just JORCKING......8~)

[stenick] 16/9/2007 15:52

Agreed next week.

[davenic] 16/9/2007 15:43

next week it is then

[bongo bwana] 16/9/2007 12:53

Peace @ last..................LOL.

Of course I could be wrong on the GEX JORC.

[bongo bwana] 14/9/2007 15:46

It just might be WORSE than you all expect so shut the F UP

[stenick] 14/9/2007 15:00

It could be the week after next..LOL.....

[bongo bwana] 14/9/2007 13:47

STOP acting like brats!!!!!!!!!!!!!

LOL.

[stenick] 14/9/2007 12:49

Or two weeks monday...?

[tsmith2] 14/9/2007 12:27

a week on monday..?

[stenick] 14/9/2007 10:04

Or the week after..

[davenic] 14/9/2007 09:35

Resource Estimate I reckon will be coming next week.....must be very soon anyway as Hugh said September

[share_shark] 13/9/2007 16:13

thanks guys.

[robbi123] 13/9/2007 09:04

as per the company's website:

SIGNIFICANT SHAREHOLDINGS:
The significant holders of the Company's shares and their respective percentage holdings at 16 August 2007 are:
JP Morgan Chase & Co. 9.96%
CDC Group plc 7.54%
Man Financial 3.98%
Macquarie International Limited 3.68%

[bongo bwana] 13/9/2007 08:46

SS - GEX has a number of institutions on board - I think about 25% of their Issued Share Capital is tioed up with a number of the institutions who have supported them from the days they were in the corporate intensive care ward after the Wassa metalurgical probs and write-down debacle.