Oxus Gold Share Discussion Threads

[papillon] 24/11/2015 11:50

kun aguero1. No I don't agree. I think it's very likely that RS does believe that the result will be known in the "very near future", but that he wasn't given a definite date by the arbitration panel. The "very near future" is like "how long is a piece of string"? Both very subjective. It depends on your perspective. After all the arbitration panel must come out with a verdict sometime soon; they can't prevaricate for ever (though it seems like it!)

After all RS didn't issue that "very near future" comment in a specific RNS. It was mentioned in the half yearly report where he would be expected to give an update on when the arbitration result was likely. Though as kcowe has noted it did push up the share price which no doubt helped to resolve the CLN issue.

[riskier] 24/11/2015 11:48

#28793 - RUR were given a date and so were obliged to declare in an RNS. We have to presume (in the absence of evidence to the contrary) that RS was not given a date, but merely an indication (from whom?) about the 'very near future'. Would love to see a result this month, but who knows...

[marmar80] 24/11/2015 11:39

volume 2.3m on isdx. 2x500k buy just published

[papillon] 24/11/2015 11:38

Well contrary to earlier posts the MACD is NOT turning up. Not at the moment anyway. The share price is currently resting on the 50 day EMA and lower Bollinger Band. They may provide support, but they may not!

I believe it's pointless posting OXS charts because they can't predict the arbitration outcome. The OXS share price responds to news, not charts. We had a spike up early this after the EFF was terminated and we had another spike up on the "very near future" comment from RS.

I'm coming round to kcowe's opinion expressed in 28769. I believe if RS was given a definite date for the arbitration verdict then he would have been obliged to issue an RNS giving that date as RUR did back in December 2013 because of AIM requirements to inform shareholders of information likely to materially influence the share price

[kun aguero1] 24/11/2015 11:35

Papillion, kcowe. 28769 and 28790. What you are suggesting, whilst not fraud but would definitely be called, subterfuge.

I would rule that out completely, nobody can know until the fat lady sings, but R.S. guilty of deception? Out of the question.

[78steve] 24/11/2015 11:29

3.778 vs 3.65

[papillon] 24/11/2015 11:23

kcowe
24 Nov'15 - 08:52 - 28769 of 28789 2 0


The very near future was made up so the cln holders could de risk ... into the volume the word "very" supplied.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

You could be right. We shall see.

[kun aguero1] 24/11/2015 10:18

no volume and mm`s run scared after 1 large sell that somebody knows something.

I am with you wulber, blue by the close, after some bargain hunting eventually brings good volume.

[wulber] 24/11/2015 10:06

Seen this before with a little pull back and then back to 3.9 - 4.10 eod

[marmar80] 24/11/2015 10:00

Good entry level imo

[easwarareddy] 24/11/2015 09:39

To be fair many of you seem to think very near future is a month or 2. Its down to interpretation. If you have a project that's 10 years then a very near future could be 1 year or 2. He said very near future. That just means soon. I think few months but less than a year in our case

[maytrees] 24/11/2015 09:30

That c. 430000 sale an hour ago caused the share price fall

[78steve] 24/11/2015 09:23

Well the last RNS with the 'very near future' comment did good for the share price as up around 30% so maybe we could have another RNS saying similar 'news expected very shortly' or to that effect that might see share price going up to 5p. lol

[giant steps] 24/11/2015 09:15

The deal with CLN holders was crucial imo else signing
off Y/E accounts may have been very tricky.

[dumbo4] 24/11/2015 09:15

Sorry ros. Getting muddled up with CHL lawyers !! But the question still applies. How would our or the Uzbek lawyers know any more about the timing of the result than we do ?

[kcowe] 24/11/2015 09:12

Rs had good reason.... do a deal with the cln holders.....which he did.

[giant steps] 24/11/2015 09:12

rossannan, i'm thinking 10p/10p OXS/CHL by end of year

[giant steps] 24/11/2015 09:09

JAF,, RS obviously had good reason to qualify with very near future. Given
nothing has been said to the contrary one assumes the statement to be valid
and so on this basis one expects verdict news / resolution news soon.

[kcowe] 24/11/2015 09:06

People are beginning to distrust Rs..... twice he has fed a line to the market. as end of November comes and goes and we have no result .. this will drift to a pre pump 3p ... last glimmer will be end of year conclusion, as in the arms case last year.

[john henry] 24/11/2015 08:58

Probably a little pump yesterday to suck a few punters in and get RAB out

[slong] 24/11/2015 08:58

Probably a reaction to the start of the third world war, thanks Turkey & Russia!

[john henry] 24/11/2015 08:57

No demand with the supply today, hence down