Phoenix Global Resources Share Discussion Threads

[the stigologist] 16/7/2014 13:42

how big a placing will they need to pay their legal costs ?

[treacle32] 15/7/2014 22:43

Hi OilBuy, was he the problem with the locals?

[oilbuy] 15/7/2014 21:39

SoggyThere is very good reason for this resignation. Premier Gold (AIM:PGR), the Central Asia-focused gold exploration and development company, announces that Dr Reza Tabrizi, an executive director of the Company, will step down from the board with immediate effect in order to pursue other business interests. Dr Tabrizi has begun an orderly handover of his executive responsibilities in respect of the Company's activities and personnel in the Kyrgyz Republic.

[treacle32] 15/7/2014 21:13

New bull issued tonight.

15-Jul-14
0.12 Bull Kijun Sen Cross Strong

Type in PGR

[treacle32] 15/7/2014 21:10

However, they are also looking at other opportunities which may result in value for shareholders in a shorter time frame too. The government comment is more than what has been said by them in public over the long saga - not to forget the positives from the board last month including submitting notice claim and the success of other companies including substantial payout.

June 2014.
"At the same time, the Company continues to consider assets beyond Cholokkaindy where the Company believes it can deploy its considerable geological expertise to create value for shareholders in a shorter time frame than the Company may be able to achieve at Cholokkaindy. The Company will report on any such developments as and when appropriate".

[soggy] 15/7/2014 19:16

At the moment it's all resting on official notification that protests have stopped and it's safe for them to start up again. The sly rising looks to me like some peeps are starting to take positions in anticipation of that news. I hope it is on its way, but I can't think why anyone would beleive it was. Just because of a recent comment from the govt. says they are hoping to stop it all doesn't mean that they have done anything concrete to achieve it. But we can always hope.

[treacle32] 15/7/2014 18:07

Another ingredient for breakout signal - candlestick doesn't come about often.

Last Pattern: BULLISH HOMING PIGEON
Market Outlook
The market is finally giving hints of a bullish resurgence

[treacle32] 15/7/2014 17:55

Poised for that elusive breakout - the ingredients are there now.

[treacle32] 15/7/2014 16:45

Overhang cleared - touched a high of 0.13-0.14p in the morning.

Coming into play, breakout and newsflow soon now imo.

Break the key 200day ma too for the first time since last rise to 0.45p and when price goes over 0.14p.

[genises] 15/7/2014 16:42

Nice to see a more realistic spread

[treacle32] 15/7/2014 13:02

The Stigologist
15 Jul'14 - 13:00 - 3641 of 3641 0 1 (Filtered)

The troll has no credibility left imo - see CCE bb.

[the stigologist] 15/7/2014 13:00

rem went to 0.04 first so maybe it'll be an 'early REM'

[treacle32] 15/7/2014 12:45

Next REM to 1p?

[treacle32] 15/7/2014 12:39

The Cholokkaindy licence covers an area of 3,200 hectares (32 km2) and is located about 20 kilometres south of Kara Balta and 80 kilometres west-southwest of Bishkek. The exploration strategy is to assess the prospectivity of the Cholokkaindy licence through soil geochemistry, geophysics, trenching, prospecting and geological mapping and use this data to define quality targets ready for drill testing. This approach has already proved successful.

Initially, the four exploration prospects, based on historical work and topography, were Talbaital, Jarkonush, Aksai and Torsai. However, mapping and sampling by Premier Gold in 2012 initiated a reassessment of the mineralisation styles and it is now more accurate to refer to 'mineralised trends' rather than topographically defined exploration prospects. Accordingly, two mineralised trends have been identified.

The Talbaital – Jarkonush trend is a minimum of four kilometres long and up to 750 metres wide. It is well defined by numerous gold in soil geochemical anomalies supported by series of mineralised zones seen in trenches and outcrop trending North-West to South-East in the southern part and swinging into a more North to South orientation in its northern part. This evidence all indicates multiple mineralised structural zones within the Talbaital – Jarkonush trend.

The Aksai – Torsai trend is parallel to the Talbaital – Jarkonush trend and there are extensive gold in soil anomalies and gold in outcrops which support this interpretation. The Aksai – Torsai trend is now considered a minimum of two kilometres in length and up to 750 metres wide.

Taken together, both trends highlight the potential for a large mineralising system in the licence.

[treacle32] 15/7/2014 11:05

Seems a buyer again off the order book accumulating.

[treacle32] 15/7/2014 10:11

0.13-0.14p

So close to breakout and breaking key 200day ma too for first time in ages ahead of newsflow.

[treacle32] 15/7/2014 09:54

Overhang gone now - 0.1339p to buy.

[r d felcher] 15/7/2014 09:20

probably being pumped prior to a placing

[treacle32] 15/7/2014 09:06

0.12-0.14p, v.close to breaking out ahead of newsflow.

[treacle32] 14/7/2014 16:47

Touched a high of 0.11-0.14p on strong volume - seems more stakebuilding has occured again today. PEEL HUNT and Mr Mc Keon bought lots recently. Watch out for newsflow and lots expected. Breakout so close now.

[treacle32] 14/7/2014 15:51

Just need this in a RNS.

Taiyrbek Sarpashev: Protests against mining to cease in Kyrgyzstan in short time
08/07/14 11:12, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA

"Soon protests against mining will cease," the First Vice Prime Minister of KR Taiyrbek Sarpashev told reporters.

"In recent years people less and less organize rallies and demand cessation of works in the fields. At the same time, populist slogans still occur in the fields. For example, certain deputies of local councils aggravate the situation. But I am sure that the healthy forces will win. People still realize that some of money from mining will remain in the form of bonuses," said Taiyrbek Sarpashev.

He also noted that they hold negotiations with foreign companies, wishing to do business in Kyrgyzstan. They are urged to respect the legislation of the Kyrgyz Republic and establish contacts with local population.

URL: