Sunrise Resources Share Discussion Threads

[fire2480] 26/5/2015 10:22

Your clearly demonstrating value here Patrick

[bsg] 22/5/2015 14:38

I didn't understand all the buying @ .35p just after the placing. It was bound to go down nearer the placing eventually. It normally does.

[fire2480] 22/5/2015 12:36

Disappointing , perhaps the wake up call is coming Patrick

[bsg] 22/5/2015 12:01

What a surprise, offer at the placing price ...

[fire2480] 13/5/2015 08:20

Wrong board apologies

[benchmark] 28/4/2015 22:47

They had better find one fast! And so had Tertiary or otherwise the shares of both companies will have a negative value. Management doesn't really seem to realise that the lower they have allowed the share price(s) to slip (because of inertia/failure in finding a JV partner), the lower the valuation of the asset for any prospective acquisitive company that might be passing the rule over Sunrise/Tertiary. THey are effectively "branches" of the same company and, unfortunately, the same malaise seems to overburden both operations. If the assets under the control of Tertiary and Sunrise are as good as they are made out to be, it seems extraordinary that no senior mining company has not expressed interest. One could reasonably ask "Why?"

[fire2480] 28/4/2015 15:48

Interesting stuff , seems we are looking for a partner https://www.youtube.com/watch?v=BouHqtKKLPw

[squibno1] 28/4/2015 10:19

I thought that most of the portfolio of opportunities had been shelved because they were not commercial. "Interesting" ?!
This company needs focus and a successful commercial discovery to be brought to fruition - fast.

[stirfry13] 27/4/2015 12:18

the diatomite is starting to sound like it could be the real deal and could be the making of this company, backed by an interesting portfolio of opportunities.

[giantpeach2] 27/4/2015 09:40

positive news again.

[bsg] 22/4/2015 10:32

Nice easy 75% for the II.

[stevie blunder] 20/4/2015 15:21

All I can find is this:



Sunrise Resources Plc (LON:SRES)‘s stock had its “corporate” rating reissued by stock analysts at Northland Securities in a report issued on Monday.



Which makes no sense to me. But it does look like it has been tipped somewhere. There should enough stock available to meet any new investors! I am looking to add a few but will hang back a bit til the rush is over.

I am hoping they can put a few holes in the ground with the new funds. One nice intersection would see them fly. Then again.......

Edit it was Northland Capital Partners who of course are the NOMAD and who handled the placing. Dunces corner for me. So I am guessing the Northland sales force had a good story to tell. There seems to be a lot of supply at .349p.

[bsg] 20/4/2015 14:40

wait until it's under .2p

[giantpeach2] 20/4/2015 12:28

erm!!!! why all this volume, what triggered all the buying???

[stevie blunder] 02/4/2015 13:15

I agree that the manic acquisition of new projects is not a good sign. What would be a good sign would be concentration on one or maybe 2 projects with great prospects.Such lack of concentration shows little confidence in the current portfolio. My heart sinks every time a new lease is signed.

An example would be Brancote which at one time had over 20 projects scattered round the world. One of them in Argentina began to look really good and they concentrated all their firepower there and disposed of everything else over a period of time. The shares in Brancote which I bought at around 20p (average) bottomed at 2.5p and peaked over 200p before being taken over. ( I got out around 160p)

So it can happen.

I noted that in the last interview that Mr Cheetam said that the potential spend on exploration this year was around 1.5 million and that he hope that some would be covered by partners. This is the second time that he has mentioned potential partners, so maybe there are some negotiations going on in the background. Fingers crossed, this is one of my small high risk punts, but it wouldn't take much to see them fly.

[squibno1] 02/4/2015 10:56

What's the betting the next sample reports will be inconclusive, saying perhaps need further sampling but by the way we have found a new mineral in a new country where will now do some sampling. And on it goes!

[stirfry13] 02/4/2015 08:39

Organ - likewise, seems like genuine potential these days but is all so slow

[organstop] 01/4/2015 23:00

Certainly getting me down: been here a long time, but still trying to be positive that one of the projects will come good.

[nigthepig] 01/4/2015 19:44

Benchmark - my sentiments exactly.

[benchmark] 01/4/2015 17:01

Good news ahead? Are you the world's greatest optimist?

Actually, I am wondering if this share might eventually go negative!

Patrick Cheetham is a nice guy and a first-rate geologist but he is not showing himself to be much of a businessman as far as Tertiary and Sunrise are concerned

[tonynaylor] 01/4/2015 16:07

Good news ahead.. Always a drop before good news.. Same with TYM .. Wish I was in the know like some people!!

[nigthepig] 01/4/2015 15:14

I think I might have wasted a few years here. And to think I sold a few (and it was only a few sad to say) for over 7p a few years back. Be lucky if we ever see 0.7p ever again.

[squibno1] 01/4/2015 13:04

and while we await news the price drops ever lower. Goodness knows what the next placing will have to be at!