Namibian Resources Share Discussion Threads

[maxmol] 29/4/2005 09:25

Yes still here, waiting for update early/mid. May or the first results June/July it will be GOOD NEWS.

[sunshine57] 28/4/2005 16:23

No-one has posted for five days...anyone else still out there?

[maxmol] 23/4/2005 09:44

Tony Carlton is now in Namibia continuing negotiations on expanding the areas for Namibian Resources. Lets hope when he returns he has some positive news that he can announce in a RNS.

[highlander2] 17/4/2005 21:05

The rise could also have been due to a recommendation by the Share Centre - 35.5p middle.

[maxmol] 17/4/2005 01:14

Since the middle of January the company has been using its new mobile dense media separation (DMS) plant. On the 17/12/04 the company received clearance from the Namibian Authorities for its environmental impact assessment completed over the Saltztal area of its concession. The extension to the conession now includes the Eastern Saltztal where previous sampling has indicated the presence of diamond-bearing gravels with an average stone size of 0.7ct, significantly larger than the rest of the company,s Pomona concession. The company,s first year,s results are going to be around the end of MAY/early JUNE these are exspected to be VERY GOOD.The next RNS may now be out soon after the election after Tony Carlton returns from Namibia at the end of APRIL.Also negotiation over other areas are continuing with Ebony Diamonds Ltd, Namibian,s black empowerment group, and an announcement will be made as soon as there is progress to report. I hope the above explains why the share went up 40% last week.

[robertjt] 16/4/2005 10:21

I am new to this share. Can anyone explain what news you are expecting?

[maxmol] 15/4/2005 23:03

Someone wanted 200k today because this share has risen from Monday 11/04 am 34-36 to Friday 15/04 pm 48-50 a rise of 40%.This rise has been without any NEWS ( no RNS ). If he/she waited until the next RNS had been issued they may have had to pay 58p/63p not 48p.NEWS may not now be out until after the election.

[maxmol] 15/4/2005 21:51

Because the NEWS, when it comes, will be VERY GOOD.

[krebensis] 15/4/2005 20:50

Now why would someone want to buy 200k with news due end of April,,, ;)

[maxmol] 15/4/2005 17:05

My guess is the 200K is a buy they've been trying to fill for the last few days, hence the rise in price, which has maybe stimulated all the other interest and pushed the price even further. That's the great thing about volatile stocks it doesn't take much to move them.

[guppyworld] 15/4/2005 15:27

so what about the 200K.. delayed sell from 2 days ago hence why the bid never got beyond 48p?

[maxmol] 15/4/2005 15:21

Believe me the MM,s are short of stock, this stock is tightly held by original holders. When we next have an update / results THIS STOCK WILL FLY.

[guppyworld] 15/4/2005 15:18

200K trade?.. buy or sell?

[eggbird] 15/4/2005 14:07

Same here Ian,
only this CSH and AZN going the right way for me today!

[ianwc] 15/4/2005 14:06

nice to have one blue stock on my screen today :)

[eggbird] 15/4/2005 13:55

short of stock hey??

This has the potential to really fly if results are good, and investors pile in!

[guppyworld] 15/4/2005 13:48

can't buy online!!

[eggbird] 15/4/2005 13:41

I reckon you could be right maxmol, it is moving up very nicely now!

[maxmol] 15/4/2005 13:27

I think there's a few people getting in now just in case the news comes over the weekend. Here's hoping!

[eggbird] 15/4/2005 13:21

Couple of nice buys have gone through today, and now the share price is responding well!

[sunshine57] 13/4/2005 11:43

Is this loads of sellers causing the drop today? Or could this be the MMs shaking the tree to scare off the timid holders; only for them to then quckly buy them up before the anticipated good news is announced and the share price rockets? Crafty beggers....they are not having mine...LOL

[sunshine57] 12/4/2005 17:10

Well done Guppyworld, I am pleased for you. Do you think NBR have hit upon a good find and have yet to announce it to us? Hope so!! Glad to say I have almost recovered my losses now and hopefully will start to be in profit to take me long term....

[guppyworld] 12/4/2005 13:27

maxmol,

just thought that this had gone up too much without news..

still holding long, but not from day 1!!