South China Resources Share Discussion Threads

[dogm4n] 06/9/2007 14:52

nobull that is the funniest post I have seen so far on my 5 years on advfn :-)

[nobull] 06/9/2007 14:39

Maybe they should do an all paper deal with GGG to pool their cash. GGG might not then have to come back to the market for funds, and they can get rid of the Jermyn Street offices, and Mr JM can put a kennel in the corridor for A.C.

[1smart] 06/9/2007 14:27

a world class copper and gold prospect once due dilligence is finished and the resource upgrade is finished this will be a diff baby.

[1smart] 06/9/2007 14:24

everybody is entitled to an opinion a jv and a free carry will allow them to reap the rewards from the licence.

[kimboy2] 06/9/2007 14:19

They don't have the cash to buy Zhunuo let alone any other projects. Why should we assume Zhunuo, or anything else, is worth more than they will pay for it ?

Especially given their record so far.

[1smart] 06/9/2007 14:17

it will when we have an update and remember they are looking at other prospects.far to low at the moment.buy and hold for news.

[malc26] 06/9/2007 14:14

The current share price doesn't look too promising though does it?

[1smart] 06/9/2007 14:12

yes malc as i said 6 months due dilligence on a world class prospect.any news here and dangfen will mean zilch and could come anytime,

[malc26] 06/9/2007 14:09

Zhunuo Copper Project

The Zhunuo Copper Project in Tibet, China, is a porphyry copper project at an
early stage of drill and adit exploration. Results of exploration to date
indicate it is a moderate to high grade porphyry copper resource with the
potential to become a significant deposit in the Gangdese metallogenic belt of
Tibet. The Company expects this Project to have a significant impact on its
business should all contractual matters be executed according to the current
Binding Joint Venture arrangement.

[1smart] 06/9/2007 13:39

seems to me this has dropped on little selling.looks like everyone has forgot about the zhuno prospect where due dilligence started in march.

[garymegson] 06/9/2007 13:29

I do recall seeing a post on proactive saying that the company has less than 2mil cash.

[malc26] 06/9/2007 13:24

1smart. What news is expected?

[double6] 06/9/2007 13:22

(Presumably reason for fall is a big sell waiting to show thorugh later ??)

[double6] 06/9/2007 13:21

Current MC less than CASH !

[andy] 06/9/2007 13:19

Wolstencroft,

Trying to contact you, please send me an email, as I may have sent to your old email address.

cheers.

[double6] 06/9/2007 13:19

Online spread - 1.1/1.4975

[1smart] 06/9/2007 13:15

buy limits dropping was 375000 now 250000.timed it right

[1smart] 06/9/2007 13:10

the 50k and 45k are both mine a fall before news my kind of play.l2 7v2

[malc26] 06/9/2007 12:43

Not a recovery play then on this one?

[hiram abiff] 06/9/2007 12:40

I think its the big mineral mine in the sky for SCR.

The company and management should be hauled through the courts to answer charges of incompetence and determine where the real blame lays. Then hand out the P45's after recouping maximum losses from their own personal finances and pension funds.

They should hold their heads in shame, not even a FACTUAL RNS to inform shareholders on way ahead strategy. Even the website is disgraceful for research.

I have contacted the FSA to establish the facts on these SCR incompetent shower and determine if any issues need addressing legally.

[wolstencroft] 04/9/2007 16:16

Zhuno is very long term and without other cash-flow SCR would be diluted extensively financing it

[0] 04/9/2007 13:20

such a shame this.

[kimboy2] 04/9/2007 10:26

Why are they looking for new opportunities,isn't Zhunuo enough at present ?

[wolstencroft] 04/9/2007 10:04

No Alastair wont tell me what he's doing but he assures me that they ARE very actively looking for new opportunities - AFAIK Nathan has been a bit preoccupied with Cazaly's court case in OZ (which he lost, BTW). Only time will tell.